GBT Technologies Inc (GTCH)

[hawk2421]

To quote Steve Carell from the movie "The Big Short" GTCH's 10k is dog**** wrapped in cat****. Keep moving around shares (debt)... where it stops no one knows.

[OnceBurned]

My analysis was through 12/31/23—the end period of the 10-K’s comprehensive data disclosure. A lot has happened since. Five billion more shares have been issued already in 2024. Somebody is already making a lot of money spinning GTCH stock—just not individual retail shareholders. Maybe our day will come someday.

[bucks2pennies]

It appears that there has recently been a much larger gap between naked short trade and real retail trade. That is, I am suggesting that there actually is a substantial amount of shares being bought up. How that could be without GTCH management issuing more new shares out of the A/S is not clear. I am suggesting that there might be some inside trade occurring pre-BIG PR??? Just stated so I can feel better...

[bucks2pennies]

You are definitely a greater person than I am! Believe it or not, given the length of your post, you accomplished a well-BRIEF summary of that obnoxious 10-K. I simply got sick when I attempted to do so. Much appreciated OB. Personally, I still think a buyout is a real possibility and another means of cleaning the slate of their toxic debt...rather than another patent sale... I favor a full-flush down the drain of ALL of their admin nightmare once and for all. Any company willing to do that has to have BIG balls! What a mess.

[OnceBurned]

There has been a lot of talk of GTCH issuing shares, leading to massive dilution, during 2023. My theory has alway been that virtually all the 2023 additions of shares have been pursuant to share conversions under "toxic" convertible notes, especially the so-called IGOR Note. The 10-K confirms this is true.

The 10-K, on P-6, recaps that at the close of 2022, GTCH had O/S of 1,535,593,440 (about one tenth of today's O/S). A year later, at the close of 2023, the O/S had inflated up to 10,253,965,062. That means GTCH issued 8,718,371,622 shares during FY 2023. Did GTCH harvest any money from those issuances? No. P-6 also makes clear that during 2023 it issued 8,618,101,622 shares to holders of convertible notes, upon conversion of debt. It also issued 100,000,000 shares to a vendor for services. That's it. No other stock issuances.

So, who were the convertible note holders who got the 8.6 BILLION shares? Number one is the holder of the uber-toxic convertible note, called variously the IGOR Note or the GBT Technologies SA Note. That note holder got 6,309,235,284 shares! Two other convertible note holders, Stanley Hills and 1800 Diagonal Lending, got 1,157,809,793 and 1,002,897,711, respectively. There were a few other minor conversions.

So, for debt conversion to 6,309,235,294 share in 2023, you would think that the IGOR Note was almost paid down, right? Wrong! On 12/31/22 the unpaid balance under the IGOR Note was $6,395,531; one year (12/31/23) and 6,309,235,294 shares later, the unpaid balance stood at $5,175,496 (see page F-22). The IGOR Note contains a requirement that the note holder may never own more than 5% of the company. But, remarkably--and this is a toxic feature--it doesn't contain a lock-up period for shares gained on conversion or a less restrictive bleed-out provision that limits how many shares can be sold over time. So, in 2023, the holder of the IGOR Note received shares equal to 60% of the total O/S of the company, yet apparently never held--at any one time--more than 5% of the company's stock (which would violate the Note terms). Answer: conversion shares were quickly dumped on the market very soon after receipt, paving the way for another share conversion and dump. Rinse and repeat.

The second reason the IGOR Note is toxic is because its share conversion price is at a discount to average share prices. Thus, the lower the share price goes, the lower the "strike" price for debt conversions to stock. So, as the IGOR Note holder dumps his billions of shares into the market, causing the PPS to plummet, he is simultaneously reducing the strike price at which he can convert debt to shares in the future. Does this matter?
Page F-29 shows that on 12/31/22, the company had "derivative" liability a mere $1,714,143. This is essentially a measure of latent liability of the company under convertible notes. A year later, on 12/31/23, derivative liability of the company had climbed to $14,116,062--even though the company had paid down some of the balance under the toxic notes! As the footnote indicates, the rise in derivative liability is due to the dramatic drop in PPS during 2023.

I hold a largish position in GTCH. I believe in the company's theoretical potential. My fear has always been of the toxic note debt that is strangling strangling GTCH, and shocking diluting retail shareholder. So for me, I don't look for favorable PRs or joint ventures with possible future upsides. I look for one thing only: the day when GTCH receives some actual cash from the sale of a patent or technology and uses that cash to pay off its toxic convertible notes. When that day happens, GTCH will have an enormous anchor removed. Until then, everything else is just a popcorn fart.

[bucks2pennies]

GTCH is certainly a drain on time and patience.

[marylandstockguy]

Good morning everyone. Hope you all had a nice weekend. No matter what this 10-K means in the short-term, it's nice to see GBT reflected as pink current on the OTC Markets site again.

[bucks2pennies]

My problem is that SHs have NOTHING to determine REAL value. When that is the case, I tend to undervalue rather than the opposite. Existing contracts are 'contrived' based on untested/developed potential and on share value that has not been determined via true retail trade.

My rather dismal post primarily depended on the 10-k display - very convoluted, diluted and misinformative as to current SS and insider involvement.

My DD and consistent involvement in active posting and apprising other's posts keep me here willingly. I can taste the green lying about on all that GTCH touches - hints of gold seems to point to an enormous bloom.

I intend to be ready when the fruit ripens - and it WILL!

[32Mplushares]

Samsung and GTCH…Anyone hear anything yet?!?

[canthelpit]

GTCH Bucks ,, my hopes are not yet steering me in the direction of a buyout just yet. There is still to much value in the vaults at GBT for a package deal IMO. To many direction for them to go. They retain the rights to AVANT! AI and this whole VISIONWAVE/BANNIX journey weather legit or for publicity we don't yet have a grasp on to where this will bring us ?? Alot of questions with what is on paper and where and when GBT can cash in on either. IMHO i feel thoes deals are worth 10 xxx more than what they are signed for but I guess you have to cover operating costs, just imo. As I hae stated many times before in the past the $$$ is going to be in the semiconductor sector ,,if it does every thing as stated it should be a legit deal for atleast if not more than many yes many BILLIONS of DOLLARS , hard to imagine but do your DD and you will see. The apollo alone for the slef driving ev's should have been up there as well if you compare the apollo patent to the china based Huawei that is estimated to have future worth between 28-35 billion Anyways we have alot going on here with QTERM ready for 3rd party marketing ,, semiconductor patents, an AI machine and on and on we go ,, sooner or later if not already one of the BIG boys will have there eyes on this and it better be sooner because technology is changing by the day. theese are only my opinions buy and sell at your own risk. GLTA

[bucks2pennies]

Given the 10-K, I think the 20% fee in securing a buyer is cheap IF they can get one. GTCH is a web of confusion...costly to clean. A buying company would have to absorb a hell of a high "nonreturnable" price to secure a sure picture of what they would actually get in the contract to buy once all the smoke and mirrors were cleared from GTCH's package. Given this 10-k and the history it depicts surrounding all the perceived value of GTCH/Tokenize patents, with the price they would pay to purchase - just exactly what would be the ROR/ROI?

I doubt the new 10-K helped to convince ANY buyer that they would want to take the chance...

[bucks2pennies]

10K quagmire. ONLY A BUYOUT can clean the slate. Nice to be on top of SEC reporting requirements...but I do not expect any movement as a result. The question remains per "WHO IS ON FIRST?" remains. The new 10K did not help matters.

[canthelpit]

GTCH jan-feb sat at trip 4 and then KABOOM shot right up ,,, a 10k released and a couple of pr's ,,, DEJAVUE same time same place alot more going this year than in past and alot more patents,,, MANSOUR where the hell are you ? Your share holders need their pr to get this thing rolling. theese are only my opinions buy and sell at your own risk GLTA

[oldstocks]

April 2023 .0004-.002

A run from .0001-.0017 would be nice.

Even a run from .00005-.001 would be a nice start

What kind of news will it take to get it moving?

[canthelpit]

GTCH 10K The way I read it they are pursuing government sales ,, drones,, AVANT AI shares still not received but in the hands of 3rd party ,, visionwave/bannix deal apollo,, tokenize has representation looking for a buyer,,, qterm ready to market to 3rd party and no mention of semiconductors wich might just be the game changer when/if it happens ,,,,,,So nothing directly bad in my opinion,,, a pr could make it take off,, again i say something going on since MANSOUR is dormant GLTA

[canthelpit]

GTCH Yes a little pr would make for a nice rum !! Look back at the trades exactly 1 year ago and then look at the pr's and see what the pps was then,,, hopefully a run like that again real soon . GLTA

[werd]

It means it's still pink current and anything is possible.

[werd]

We need merger news to rock this fatty!!!

[32Mplushares]

Does that 10k mean anything good for us holders?

[32Mplushares]

Does that 10k mean anything good for us holders?

[Manspider]

A nice little PR or some kind of pulse from the company would be great the beginning of the week to breath some life into this bloater!

[Boca Jom]

https://www.otcmarkets.com/filing/html?id=17462218&guid=Z4Q-kpx3Tz8GB3h

[32Mplushares]

Umm, Hmmmm...🤔. I wish I had something to ad but I are just a simple cuntry folk... and my 42 Million shares are staying put!!

[boomer0921]

Okay. Here is where I know nothing about the short shit report, (been one of those all my life), that has been spewed over the never ending dilution debate. Never studied the ins and outs. Just keep hearing about fake shares. If they are so fake, please tell me why Diagonal lending, Stanley Hills & Igor Corp are not listed as more than 5% beneficial holders of Company stock. To me that is dilution not fake selling. That is 9 billion shares alone sold into the market with just those companies not mentioning any others. If fake shares exist, and deals are truly impending, good time to merge, change ticker and force an audit for accountability. That never happened with another ticker I have with the same fake shares show.
Since 12/14 9.3 billion shares traded
8/18 to 12/14 4 billion
5/23 to 8/18 4.5 billion
(4/20 to 5/23) 4.2 billion

One thing the good man upstairs blessed me with aside from above average intelligence, is an excellent math aptitude. 22 billion shares traded in the last year with upwards of 12 billion being diluted into the market does not constitute a whole lot of wiggle room when you throw in normal daily retail trading volume, for ghost shares.
That's my story and I'm stickin to it there Porch monster, I mean good hearted monkey. With that said, I don't understand what you gentlemen see on a daily basis, just my totally logical math computations. In any event, I still believe they better comp up with some transparency fast or we will see a reinstated reverse split (JMHO), because 9 billion shares was for 1 million dollars in notes and there is almost 7 million more where that came from. GLTA. "Show us the money" GTCH$

[canthelpit]

GTCH THE GOVERNMENT sales eligability i beleive they are already registered since last year,,,pretty sure thats what i read. I just went page for page top to bottom alot of my d&d was listed in there going back years. This 10k is a good refrence point when looking for names, only the second time MANSOUR has been listed as owner of yellow partners a consulting firm and now AIKALHAB consulting I saw. Bucks the RA for sale of tokenize listed there a firm to represent in case of a sale .. No reverse split mentioned and the shares of AVANT AI being held by 3rd party pending lockup period wich is alittle confusing as to if it was april or september the deal was signed,, other wise lets see what monday brings hopefuly a bid n run !!! GLTA

[Porch Honkey]

Well, I have read the whole 10k, so, they have lay it all on the line, I'm staying, I also like hearing about the annual reinstatement of government contracts certifications, good luck the yens.

[marylandstockguy]

Interesting. It does look like they’re going for Government contracts through GSA. They’re mentioning getting registered on SAM.gov, which is required in order to respond to a request for proposal

[marylandstockguy]

You are in the freaking zone. Nice call. May the 3s rule be in play on Monday.

[Porch Honkey]

Well, my my how bout that, good for you, have a good weekend and see ya Monday.

[canthelpit]

GTCH ,,,,,,,FNS OUT 10K ,,, Haven't read it yet but 2 for 2,,, lets see if monday can go 3 for 3 ,,, have a good weekend all and GLTA

[canthelpit]

GTCH its all good,,,, I have no reputation any ways ,,LOL cycle ,,, dirty wash rinse repeat ,, First shot came with trade almost days volume before closing bell ,,, form-ts coming,,, watch for fins before monday,, to be continued............................................................... GLTA

[Porch Honkey]

Your reputation is now on the line lol. good luck.

[canthelpit]

GTCH I am assuming and this is only my opinion but fins will drop after 4 today or some time over the weekend. I am predicting a large volume right before close or right after with form-t , I have been here for way to long and this is how the game is usauly played here at GBT TECHNOLOGIES. To boot there will probably be a bid Monday/Tuesday ,, again theese are just my own predictions and only based on my opinions,, If when bid hits the board it will run !! this is soley based on past performance and again only my opinions. No advise given buy and sell at your own risk and GLTA

[Porch Honkey]

If you check out and read their latest news update it will tell you what their up too, and that's why I'm still here, no if's and's and but's about it.

[werd]

Vader is creeping around this stinky pig for sure. Why is the question?¿?🤔

[Porch Honkey]

Visionwave was not created because they had nothing better to do, something big is in the making here, I do believe, JMO.

[Porch Honkey]

I'm guessing a lot of complex deals in the making for late filing, they probly want to add those deals into the 10k or not, JMO.

[Porch Honkey]

Number eight on the most shorted OTC stock,
Fake shares being sold and they do not have to cover, rigged system.
(GTCH)
Naked Short Interest
GTCH
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for GTCH
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 17 NA NA NA 153,276,013 101,820,010 66.43
Apr 16 NA NA NA 29,716,549 29,715,249 100.00
https://www.otcshortreport.com/company/GTCH

[boomer0921]

I agree big demands quiet, but not doing the 10-K on time for the SEC now when they are cracking down on these types
is not a symbol of anything big. Regardless of whether they answer or not, I just sent them and e-mail.
"You appear to be using the right Network Title of Artificial Intelligence, Because Natural Intelligence is immensely lacking."

[MadBrewer]

What else you in??,..I'm $15k looking for a table to play.
ABQQ done turded out & I'm looking for a next play,..
GTCH was a looker,...still🤔🤔
ETEK---ICNM have just been dead fish for a number of years,..but
they keep current but are still dead fish.

Cheers

[canthelpit]

GTCH Do we finaly get a bid this morning atleast for the first 2-3 trades ? Would assume fins today after 4 ,, that seems to be the norm when they file late,, I will note it is not just GBT filling late this round ,, I have 4 other tickers pulling the same thing. GLTA

[MadBrewer]

My guess is I have to HAVE fun with this,...

Let's start with the last,..
"good luck to those that understand how this system works.",..
under said term,..one shouldn't even be here so,...
the game is over.
That was fun,...🤣

ok,..I'll play give a second chance,..
"if you can't figure out that the market is rigged against you",...
One refers back to the former,..
that was fun,...again,..🤔
Just too easy,..

Cheers

--edit
BTW,...why the hit on me??🤔🤔
I'd thought my sells a day ago over ridden any and all 170m+ on the ask would be,...
how did I get VIP service???,...
unless there was something,...false going on??,..🤔

Besides,..a no-bid trip that can't even file on time,..
in at 1,..out at 1= 0,..a push.
I'll wait for the filings,...I'll get back my 1's if needed.

Cheers

[Manspider]

I think WERD is correct and these trades are from the dark. GTCH has value for sure but forces are keeping the good from being exposed for now? No change in the OS is good at least!

[MadBrewer]

Perhaps said statement said it all,...
why would one give up control of ones money to be locked up &
controlled by someone else??

If "they" control a market that I'm not in,..
if my money isn't in a situation where one is trapped in a no can sell gambit,..
if one's money isn't in a rigged system,..

Liquidity of funds & assets is the very definition of value of wealth,..let alone freedom.
Being locked in is,....being locked in.
Having a "million dollar" thing doesn't make one a millionaire if one can't sell it.

Bottom line,...it's only worth what someone is willing to trade for it.
My electrical services will be worth more when it gets cold,..or too warm,..

My freedom of money when I want/need it is the very essence of security.

"Who in their right mind would sell at .0001",..
perhaps someone that still can.

"then maybe you should not have even bought it at .0001 in the first place",..
worst case would be I couldn't sell it & then it's a lost.

Cheers

[Porch Honkey]

Who in their right mind would sell at .0001, unless you're in bad need of money, then maybe you should not have even bought it at .0001 in the first place, when you can't understand how the market works just think of the mafia at work, has nothing to do with what the company is doing as much as it is with what the crooks (money makers) are doing, the market is rigged by them, but by some chance that the company makes it, she will run, if you can't figure out that the market is rigged against you then I can't help you, good luck to those that understand how this system works.

[MadBrewer]

SS still the same at 04-15 on OTC from 03-25;


I just pulled some reservices back,..plus,
was curious how fast my sells would go through,..got most of 7 out over 140-180m+ wall.

Let's see if I can snag some quint 0's during the mm shifts, 🤔🤔

Cheers

[Manspider]

There must be a reason why they haven’t filed on time…let’s hope it is a good delay. This company is very secret so who the F knows what is churning behind the secret “Bloated Pig Doors”

[MadBrewer]

They can start by filing to remove the now "Pink Limited Information" yield.
That would give us an update on the SS & we can get some idea about what's what.

I was able to sell 5.??m at .0001 the past few days over the 150-180m+ ask wall so,..
not really sure.

At a still no bid, I'm not worried about getting back in if I feel the need for possible speed.

What's worst is, stumblin' upon a runner & not being able to get out of a dead no-bid,..

Cheers

[Manspider]

Someone please prod this “bloated pig” let’s get this thing rolling! It wants to run so bad it can taste its own scent!

[MadBrewer]

Interesting about that, & the "fake" wall is,
most of the sells towards the end were mostly all mine,..


Now, how do I go front of the line when I signed that ticket the other day when the ask was stacked 150-170m+ for the past few days??

Cheers