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The reality check has to ask: Gold mine for some or for all SHs? They intend to sell all rights - should bring an awsome price but will final SS/buyout price reflect desired blessing for retail traders?
Management have a lot of friends? They all have to have as many shares they want at a cheaper price than all of us longs!?
I cannot but believe that GTCH has REAL potential to have a significant rise in its pps. Inevitably I think. I do look forward as we enter the first full week of trade in September. A lot on GTCH's burners. Fall will be quite the opposite for GTCH.
BoJo, sounds great. I think that a little clarity would go a long way. Apollo , as I see it, is a 'subset' of what Tokenize has in its bag of patents/requests. When a 'sale' like this occurs, I do NOT believe that the rights to further utilize the package that consists of Apollo is removed from Tokenize's use (under another named package that may utilize some of patents used in Apollo). That NAME and rights to utilize the "Apollo" package in the manner it is set up now belongs to EVIE.
A future package could remain to be assembled with similar components yet completely different from what EVIE intends to do with Apollo.
Is this how you understand GTCH's approach in developing specifically targeted consumer needs that stand alone but use tokenize tech/IP SW?
Look like 1s to me...
GTCH is in play, just not on the trade platform. Needs so much more clarification regarding how longs fit into the developing SS once sold.
Concern should NOT be vacated. Yet, I remain positive although impatient
Would be better if SEC eliminated naked shorting all together. Never happen. Very lucrative for the in crowd. Retail traders be damned.
Anyone care to enlighten me about how the numbers add up on L2? I have read a few commens on it but I remain befuddled because of the blatant corrupt misuse caused by naked shorting. Let me explain my dilemma.
Naked shorts create a contract with the broker to 'borrow' shares. Are the amount of shares in contract show up on L2 then? Or only when they 'sell those borrowed GTCH shares".... or even then?
Upon selling borrowed shares, I can see how L2 would reflect that sell... in actuality these GTCH shares remain in the retail owner's account but the 'right to sell' is temporarily given to the naked short (via being borrowed).
Since it is my understanding that L2 reflects the count of both the sell and buy 'spontaneously', I get confused when another poster states that there "are more buys than sells" or visa-versa. How can you sell shares that were not bought? The answer, I guess, lies in the fact that MMs can buy but their shares do not show up on L2??? Why does this feel so wrong? That would mean that sell of shares occurred but on L2, nobody bought them? Crazy math!
Confounding the matter even worse is the fact that the naked short will eventually buy back to replace the shares they borrowed. It could happen on the same day. Then.... L2 reflects not only an 'artificial' sale of borrowed shares but the purchase of actual retail shares to replace them (thus a double-count transaction on L2 as a result of a naked short contract). As I currently understand it.
Returning back, if it is actually the case, to where MMs held off actually selling shares (leaving the shares on the 'to be sold' shelf) but now want to sell them.... They do but according to L2, there is no seller this time but instead just a buyer. Go figure.
In other words, the account of trades on L2 really doesn't reflect actuality but rather a generic blend of what is actually going on behind closed doors - kept secret to the prying eyes of the retail traders.
Please feel free to explain to me that I am full of crap! Ignorance is bliss until it affects your wallet.
Don't depend on me for accuracy but here is what I think: Naked shorting has been going on for some time and I believe that there are a LOT of contracts out there for borrowed shares that are still open. Naked shorts borrow shares that exist in a 'real' account. They must be returned to close out the contract. As I see it now is that the outstanding contracts only have borrowed but have NOT sold those shares yetf. Waiting for a big push. When that big pust reaches that level they are satisfied with, only then do they sell.... waiting for the shares to drop back to previous lows (with the help of MMs 'manipulating' the trade in 'cooling down' the surge that just happened).
That means that the naked shorts can buy back borrowed shares at a much cheaper price than they sold them for - WALLAH, their profit.
I do believe that is the case 99% of the time. Plays havoc with these Pinky shares. But on a rare occasion, IMO, the slide back down does not occur or does not fall at a level where the naked shorts can profit in replacing borrowed shares (my secret desire is that they burn in hell). The result is the 'squeeze' retail traders dream of where the surge is supported and then some causing the shorts to replace at a loss (pay more than they sold them for).
I believe most of the outstanding naked short contracts were borrowed at 2s.... NOT 1s YET!
What is in store for longs? It now appears to me that the SS will stand as it is until the 'purchase' is announced. The video submitted by BoJo today is another indication that 'advertising their worth' is what it is all about right now - for the sale. NO R/S will be implemented now.
Negotiations are underway as I see it. The "pump" is NOT to stir up the market. It is to enhance their negotiations with the potential buyer(s).
Also keep in mind, IMO, that naked shorting has been on for longer than I can remember. Since it is now my understanding that these 'contracts' are open ended. Borrowed shares MAY NOT be sold immediately...just accumulated for what I expect will be one tremendous day of trading - the day the buyer is identified. I cannot deny that I see the potential for a Billion trade day.
These comments reflect the impact of having "patience" here. Boredom is overwhelming. Prone to generate great imagination.
I am not convinced that INTK has nothing to offer. But I will not look closer until I see what they intend to do about the A/S being maxed out. Any word on INTK requesting/notifying the OTC that they intend to raise the A/S?
I really do not know what event would move the GTCH pps. Will a surge really happen? Or are longs subject to sitting here at 2s until they are bought out and either we are paid for our shares at some predetermined level or converted to shares (highly undervalued) of our new founding father?
Conversion at .0035 in our future (based on Magic's reserved right to shares) or a two-pronged affair. Do WE get bought out for pennies on a dollar then 'afterwords' we see that Magic and their management team awarded primary status under the umbrella of of the new founding father?
Just consider what lies ahead and what information is readily available for us to peruse. I feel like I am in the dark, anyone else?
I do feel that in short manner, Longs WILL KNOW.
I also feel that Long's loyalty deserves a generous piece of the pie that will soon be placed in the oven. When done, that pie of tech prowess will be big and tasty as a reflection of the potential Tokenize tech will have on future revenue generation. A Long's lucrative reward for patience and loyalty should exist in the minds of management, when GTCH's future unveils itself, as a given!!!.
I really do not know what event would move the GTCH pps. Will a surge really happen? Or are longs subject to sitting here at 2s until they are bought out and either we are paid for our shares at some predetermined level or converted to shares (highly undervalued) of our new founding father?
Conversion at .0035 in our future (based on Magic's reserved right to shares) or a two-pronged affair. Do WE get bought out for pennies on a dollar then 'afterwords' we see that Magic and their management team awarded primary status under the umbrella of of the new founding father?
Just consider what lies ahead and what information is readily available for us to peruse. I feel like I am in the dark, anyone else?
I do feel that in short manner, Longs WILL KNOW.
I also feel that Long's loyalty deserves a generous piece of the pie that will soon be placed in the oven. When done, that pie of tech prowess will be big and tasty as a reflection of the potential Tokenize tech will have on future revenue generation. A Long's lucrative reward for patience and loyalty should exist in the minds of management, when GTCH's future unveils itself, as a given!!!.
The BNIX PR today provides the reason GBT-Tokenize included the escape clause of $30M in their Apollo deal. I cannot see why BNIX would be unable to rectify this.
Will power hour put us at 3s????
The $70M+ they have under contract is enough to set sail - all it takes is either BNIX or AVAI to increase their own pps. They have yet to establish that THEY are viable and apt to generate gobs of revenue themselves. When either of them do, that means the shares GTCH received are also viable and starts to increase the value of GTCH shares accordingly.
By the way, naked shorting is one of my biggest pet peeves. While I am on the subject, note that otc short report does not provide any means of determining how many shares have been borrowed and yet to be "returned". Those 'open ended' contracts that are created by the naked contract could stack up as the trade days pass by! The total otc short report accounts for are ONLY the contracts opened, borrowed shares sold and rebought (lower priced of course) to fill SOME of the shares borrowed.
This bit of the untold story does in fact contribute to how severe that short squeeze you mentioned will be.
Those naked short contracts with the broker are pretty much open-ended, that is there is no expiration to return borrowed shares as I understand it...until hounded by the broker to close it out. But I always understood that the borrowed shares were ALWAYS immediately sold when the contract is let - typically as the ticker shares borrowed from has a surge in pricing.
NOT??
Do the shorts control when the contract opens - to put in the order to sell and at what price, just as a regular retail seller would? What a racket these brokers, MMs and shorts have in doing so. Total rip off of retail investors. We bought the shares and the 'short team' use them on the side to make gobs of money while Longs wait...like we are doing here with GTCH shares for over a year now.
Does not surprise me that the SEC allows such collusion and corruption. BIG money, BIG payoff (to the merry band of all)!! This is one of those occasions that prove "life is not fair".
Does not make them the worst stock ever, just another common Pinky. The risk here in Pinkyland is real. Accomplishing the Dream is never easy and most often flounders first, then fails completely. I just think GTCH has gotten past the floundering stage sufficiently to actually attain some form of their dream...enough to make some green for us longs? It appears so even for those that have hung on to their shares the longest through so many dilutive stages????
Here, it is unlikely that the early bird will get the worm....as you so state. Supports the truism that TIMING IS EVERYTHING.
That wall of 2s is not fake. The continuance of crap...
I have to laugh a bit when you stated 'pps up' when the 14-C specifically states its action to have a 'dilutive' effect on the outstanding shares.... but I agree with you!
It has been know for some time now that the A/S would be increased to 30B due to recent GTCH commitments. So, I suspect, the current pps has reflected that dilutive effect.
Let's hope so.
Are you expecting an uptick today as a result?
It has been obvious that today's PR/Podcast will do nothing to raise the GTCH pps...2s are accessible to MMs and they have no intention of raising the pps.
I also have to back look at a previous post of mine where I mentioned I believed GTCH/Tokenize already has a buy they have been negotiating with for some time. Maybe not. These sequential PRs this week appear to be an "advertisement" rather than an attempt to raise the pps.
Could it be it may be in Tokenize's best interest to have multiple bidders? Of course. I just can't believe there are multiple bidders considering offers right now.
GBT-Tokenize have multiple patents and applications that most certainly, given my meager understanding of how the IP-tech works, have immense potential for generating revenue. So why wouldn't there already be multiple "lookers" into what GTCH has to offer?
Oh well, there is some design in releasing consecutive PRs this week, just not sure what impact is intended.
I view today's PR this way: GTCH really wants to shout out to the public that we have so much potential, but we just can't right now.
As many previous posters have stated, readers of today's PR have to 'read the small print'.
Legalities abound with the IT/AI arena right now. Yet I believe GTCH holds a commanding lead in raising the bar on such tech. They even mention in the most recent 8k that "apple" has infringed on their patent domain.
Longs can expect much from what Tokenize is now offering 'up for sale'. The buyer(s) are NOT going to gain access without offering a heavy price for an expectation that what GTCH offers is a gateway to the future profits that are presented by Tokenize technology.
All Longs can do is wait for the WORLD to realize what lays ahead. I am just hoping that, in the end when the buyer(s) step up, Longs will not be given the short end of the stick. Our loyalty deserves ample reward, GTCH management holds the purse strings. When it is all said and done for Longs here, it will be the final SS that presents the future in our crystal ball. May it be a pretty picture.
Say, if there is a buyout, are SHs paid cash for their shares or does those shares convert to company's stock symbol at an agreed upon conversion rate? No ticker I have ever owned has been bought out. Anyone in the know how a buyout works?
WHY? WHY? I need to know!!
OK, I wish to recend my earlier notion that GTCH would not be releasing any more new shares.... Going into power hour today with so many 2s has got to be new issue. Even dilutive debt notes would not convert to shares and then sell them out at 2s. Not after today's 8k. Why in the hell GTCH management is holding the share door open a little longer...to fill friendly pockets?
Today, I can't seem to move from the boob-tube. When that happens, I tend to make up stories in my mind. Like this one....
I am actually disappointed that GTCH is not going to remain a going concern. I thought for sure, there would be an effort to at least manufacture the medical device that measures blood pressure, etc. That device is an outlier from my perspective. A good means of developing revenue while the chip and AI platforms get more defined. Selling out Tokenize entirely negates that idea. BUT does it?
How deep is AVAI's pockets? Where are they intent on developing a name for themselves? AVAI seems to want to be a 'competitor' rather than a 'supplier' as it appears GTCH/Tokenize were heading towards. Tokenize's patents are so diverse. Cover a lot of tech ground. Too much ground to capitalize on if there is no money in the bank to fulfill their capabilities as a manufacturer/producer than R&D alone. Should we consider AVAI as the surprise buyer to consolidate all of the Tokenize potential? I don't think so.
If Tokenize has the plays to ensure a successful game, it does no good if they can't put any players on the field. The time seems so right for their plays to enter the game TO WIN. Does this 8k today say that Tokenize has just filled the bench with one huge player that has the capability to pursue all of the demands of the play with capable resources to lead the team down the field in rapid succession AND CROSS THE GOAL AS A BIG WINNER? I think so.
The idea that shares of GTCH are golden eggs just won't go away...
It is strange isn't it. I just cannot believe management is releasing new shares now that 8k is out. Where these 2s are coming from is above my pay grade...not hard to believe they ARE being bought up by retail investors though.
If GTCH PRs today, look out!
Harder to get those shares today because no new shares and GTCH too risky to naked short. MMs get the early look at down the pipe and doing what they can to obtain 2s but it will not last. Today's 8k at least will put pressure on 3s and maybe then some. Not that many 3s available with GTCH/Tokenize a speculative prize at that price.
Love to speculate. What is Tokenize worth? With so little I really know and the HIGH worth I see in the ALREADY issued patents, can't see Tokenize selling for any less than $500M. Counter expectations anyone??? Even if all 30B shares were O/S...what would the SP be?
I can't see GTCH management releasing any more new shares after today's 8k
Anyone here have purchase requests in to buy at 2s...have you on hold?
Right now I believe that the MMs are sitting on a large retail ask buying bid and not processing... Caught them a bit unprepared? They may not want to blow the lid and looking for the means of controlling the surge. ANY buyer of Tokenize patents are going to negotiate at a higher share price than what GTCH shares are currently displaying.
It has got to be a chip manufacturer! MOST of the perceived potential of Tokenize patents revolve around performance and efficiency of the chip platform.
Hey boomer, you think a R/S is feasible now? Like I said earlier in a post, the action to sell has been floated long time ago and SOME COMPANY HAS ALREADY PUT IN ITS BID. Just waiting to see who it is, as I see it.
Wouldn't you expect a PR to be released quickly providing official announcement of what the 8k provides? Thinking it would be TODAY is not unreasonable.
Probably correct, I am just getting excited. Not long to see from now...
10 minutes from the bell...with this 8k, has to be one helleva lift off. Who is it? At what price willing to pay for or establish worth of outstanding shares?
Can't help but feel that way myself!!