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Say goodbye to yet another week. I keep asking myself "how much longer?". My reply, "as long as it takes".
Where is the pudding GTCH?
GTCH is in a cycle of 'catch 22'....having their WORD doubted because they have no history of performance (contract implementation) and they can't get performance data if what they have out there isn't performing (no actual sales to generate performance data).
GTCH must have been really hurting for cash at the time they agreed to this. Managements head was somewhere the sun doesn't shine to have done this (knowingly).
If you haven't noticed, AI and its impact on American Industry as well as its human worker bee is rushing to the forefront of Media. Time could be no more perfect than to announce a buyout of GTCH tech to push this leading media edge. We all sense the potential for AI to change American life in such a dramatic way over the next decade. GTCH will definitely have a role to play in its dynamics - AND if SHs can believe its hype, GTCH will stand on that cutting edge.
In my mind's eye, MAY seems to be the month for the curtain to rise reveal what GTCH has kept secret up until NOW!
GTCH SHs have to understand that the competition out there is VERY competitive in the chip industry but also in the AI assist in the medical field. Today, Samsung purchased Sonio for a mere $92 million in the AI assist in the medical arena. While Sonio is very focused on one element, still the price seemed cheap.
On the other hand, it was GOOD to see Samsung is diversifying into the medical field as well as chip manufacturing in its conglomerate of holdings covering so many other fields as well. This new development, seems to me, still holds GTCH as a viable purchase as well due to its AI, chip and now, medical applications.
Still retail buyers out there.
Years. A LONG history of R/Ss to get where they are now.
The more weeks that pass by the SHs without WORD, the more I feel that GTCH will revert to further 'segmenting' its patent potential among further start-ups like AVAI and BNIX rather than a composite sale of the company and its assets.
Anyone else getting more of that feeling? Multiple chances to contract for $30M here, $30M there...rather than obtain one buyout for multiple $Billions?
I do not lean that way because GTCH is the perfect example of a Pinky drastically diluting the value of SH equity in the early stages while they build their Patent Suite only to be purchased, most often at discount pricing, by some Big Boy that will reap all the reward for their efforts.
Assisted living facilities are not cheap and such business owners MUST be making gobs of profit. Profit would increase further if they can reduce staffing costs DUE to operational improvements...and they would, I am sure, not blink an eye on any cost incurred to acquire/buy such tech. Go GTCH
Yes, POA for my sister in same situation. MUCH more interaction with patients/clients makes their stays much more 'user friendly' and health beneficial.
MSG, good find and relevant to appraising the value of GTCH. Another potential on quite an extensive list already.
A newbie retail trader should find ample DD to convince anyone that GTCH has value and extremely undervalued for a company that is seeking a buyer right now for the company and its string of cutting edge patents.
It is clear that the CEO is touting such in order to attract a potential buyer that can see PROFIT written all over their applications and relevance to satisfying both public and government needs...IF and when the right buyer has the funds to pursue immediate production of such services and products.
The support of AVAI is support for GTCH ... its AI value supports its use of AI in the manufacturing of chips.
OB, sometimes I hate being educated! Thanks a lot! That is a bit of wall street math worth understanding though.
By the way, a subject both of us have discussed is the need for concern for being obsolete. That concern is all about timing - wait too long and somebody builds a better mousetrap. That perspective is also worthy of understanding... Even with cutting-edge technology, GTCH has to find someway to get it in the production stream quickly in order to maximize it potential for generating revenue.
The fear of them not doing so is real and the noose is tightening each day. It looks like there may be too much $$ to invest upfront to reconfigure the manufacturing process to produce GTCH 3-D chips without the assurance of a timely production line and that there will be an adequate market of sales/ROI/profit from their technology.
Yeah, thought you might once I had a chance to reread my response. Sort of put my foot in my mouth on that one. Probably should have known better than to get into a discussion on WS math.
It all boils down to an accurate accounting of the 'potential' number of shares that are actually issued having the "potential" of being issued in respect to what they can issue (A/S). The point being, when you discussed the ability of the toxic note holder's ability to dump "new shares", I reflected on what the O/S currently stands at AND that no increase in the O/S is being reported - for some time now.
I remain confused as I suspect it is intended by management. They really do not want their retail share holders to know how bad their accounting practices affects the pps NOW and into the future if the sale actually occurs.
No disagreement there!
PH, our only hope for a 'sooner than later' pps rise has to be based on their desire to be bought out. IF that does not occur, then going on their own is going to take a LOT more time before ANY$$ shows up as revenue. Kiss off the rest of 24 if that would be the case.
Have to disagree with you on that one OB. GTCH 'issues' the shares designated as convertible shares when they contract with the new holder for cash.
I understand that such a commitment of providing shares to the holder are already accounted for in the O/S. Those shares, while not in the hands of the holder at that time, when the debt amount is transferred to those shares instead, GTCH formally transfers/certifies that those are real shares and the holder can do what he wills...
I have 22 years on you...
msg, it helps to have that kind of wisdom. I still play 'tight' but that type of wisdom is in play, thank goodness. For sure, many retail traders have not gained that wisdom yet.
Yeah ja, it is amazing how depressing it is for me to post such a prediction - even worse when the next week brings another such comment.
Ya know, we have ANOTHER WEEK staring us in the face.
Things are never easy to understand for your average retail trader. Samsung's 3D NAND memory, which surpasses the 236-layer eighth-generation version by expanding bit density by 50% is a vertical construct not the same, it appears, as the 3D Samsung produces.
"This latest memory product (of Samsung) enhances data input and output speeds by 33% while reducing power consumption by 10%. The rise of generative AI, which demands significant data capacity for machine learning and processing, has fueled the need for greater NAND memory capacity. In response, chipmakers are vying to increase storage capacity by vertically stacking memory storage elements.
Doesn't GTCH's patented process use "surround the chip", 3D... three dimensional, not only vertical?
I must admit OB that I am in the dark because of the information I do not have to really have a handle on what I submitted as a post. Either way I go, the numbers do not add up. WS math leaves a lot to be desired. How can you learn math when the instructors at the SEC have no clue how it works either.
Sorry - have to revert back to talking about my favorite topic - MMs and naked shorting and its impact on the GTCH pps.
While retail share buyers often blame 'shorty' for their willingness to 'buy' contracts with the brokers/MMs in generating naked shorting, I must admit that I am still of the impression that it MIGHT be smoke and mirrors. That is to say that I am not sure some contracts exist at all to cover the full extent of naked shares on the trading floor.
I contend that all trading of naked shares traded during the day may be reported as 'shorting' as reflected in the OTC short report, as a lie. I am willing to place the majority of the existing naked shares squarely on MMs themselves....somehow counting what naked shares THEY possess (generate) and are NOT in the form of an existing contract - therefore NOT subject to the replacement of 'borrowed' rules of an actual contract. NOTHING is borrowed - these naked shares can exist and then NOT EXIST to the whims of the MMs. Cheating at its worst-case scenario as I see it.
Anyone on this GTCH board willing to comment on my "fantasy"?
Well stated OB. The trade environment is NEVER in favor to the retail trader in Pinkyland. In some cases better, some obviously much worse. GTCH is midstream ONLY because of its patents and the potential they hold in generating not only money but also the dramatic impact on the AI/Chip industry as a whole.
Retail traders will NEVER get their fair share of the pie - even though we too (in buying shares) provided GTCH with the majority of working capital. But I do expect something, because of the expected worth of their patents, significantly higher than what the current pps projects.
Losing money with GTCH, unless the retail trader 'got in' at a much higher personal pps than .003, should not occur...just don't expect to get the full higher gain that holding such 'risky' shares SHOULD have brought to you.
Just another example of SEC's inability (due to maintaining insufficient staffing{WS intent}) to enforce much at all. I suspect the note holder is somewhat known at WS and has the clout to ensure his/her presence is covered within the smoke of making $$ on the sly.
SHs obviously know by now that GTCH is highly shorted (naked, no less) but what is the need for MMs to put such a large wall at .0001? Constantly fighting back any buy surge is one thing but displaying a huge wall to begin with...serves what purpose? The O/S remains stable.
That AVAI PR was a mouthful. HUGE in the sense that what it says it CAN DO! I think GTCH may be finally getting some pps strength in having a significant number of AVAI shares...
Should see some AVAI revenue generation starting July.
I hardly ever spout facts - I do have strong opinions. While posters have the certain right to express doubt GTCH is the real thing (given the type of 10-Ks they issue, I WILL say I believe wholeheartedly that SHs will do right here. I am convinced that the patents they hold are golden. The fear is truly warranted given the tight hold WS has with their MMs. Naked shorting is far over the line from legitimacy.
Yet, SHAREHOLDERS OWN A PIECE OF THE ROCK. It is highly unlikely GTCH could fold and their golden patents sold off in a fire sale. If money is to be made, SHs share in the proceeds. IF the substance is real (Isay it is), these patents ARE GOLDEN and should provide a significant gain for retail holders.
In the end, we may get the short end of the stick, but our stick will be golden enough to far exceed anyone's holding of a personal pps of .003 or less. Chin up!!
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...
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.
GTCH is certainly a drain on time and patience.
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!
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...
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.
Not really from a perspective of what the share price of Samsung shares trade at on the USA stock market... Try looking at the symbol SSNLF, which is supposed to be the Samsung symbol. Yield sign too!!! No trade info. EVERYTHING has to be so damn dark and secret these days. WTH!
MSG, I do not see the R/S recission as a concern. GTCH is done making those kind of management decision now. The R/S conversion NOW becomes WHAT IS THE CONVERSION RATE TO THE SHARES OF THE BUYER (LIKE SAMSUNG) WHEN THE BUYER SEALS THE BUY CONTRACT. Similar to an R/S from my perspective..
Do I understand correctly that the enormous naked short play 'against' GTCH can backfire if the MMs don't play it right if the news we are waiting for from GTCH happen to be SUPER! That is, if my own hunch is correct that MMs are purposedly keeping the GTCH PPS at .0001 is that shorts do NOT have to sell their borrowed shares, then when those short contract holders have to at a pps higher than .0001 (unlimited as to price they sell those shares at), that would ALSO require them to buy retail shares to pay back those shares they borrowed to close out their contracts. Of course, MMs supposedly, have their back and that when the shorts sell their shares, they expect the MMs to drop the retail share pricing BELOW what they sold them for (thus a gain!).
WHAT IF, MMs can't drop the pricing to ensure shorts gain...??? Shorts could lose big, right???
Can, MSG, again I try to only express positive thoughts. NEVER right but an opinion based on conviction. QUIET is the name right now. Might try viewing it from this perspective: If nothing was going on, PRs would be prevalent like the old bad days. So quiet for so darn long gives me rather a very positive perspective. BIG demands quiet.