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More like it is their INTENTION to be bought out by...???. To me at least, this has had to be in the works for sometime. This 8k issued to confirm that such an effort has been in the works. I would think they already HAVE A BUYER!
Holy hell BoJo! Could be real BIG. What a teaser!!
Anxious to see what is in store this week. Last week 'seemed' to indicate naked short coverage. Is there something in the pipeline for this week that would actually raise the pps? Would not take much to do so if naked shorts did not create the volume due to their activity alone.
We need a real rise in retail volume to occur because of potential speculation being covered by an actual GTCH operational improvement that MMs support in an upward fashion - not just suckering retail buyers into buying shares that increase only to be undercut by the MMs supporting naked shorts need to replace borrowed shares with less-costing shares...
IF there is less outstanding naked short-covering contracts out there as a result of last week's trade action, THEN, in theory, no need for MMs to cover naked shorts such that they CAN NOW CONCENTRATE ON THEIR PROFITS COMING FROM RETAIL BUYING ENTIRELY leaving the increased volume to put pressure on a RISING ask purchase rate.
Wouldn't that be nice. A strong green week would be a great change. Now all we need is a positive GTCH PR to kick it off, right?
Sorry to bother you. Won't in the future. Bye.
Shorts CYAs this past week. Am I correct in thinking that it kind of gives me a hint that they do expect a pps rise next week?
REMOVED BY AMMENDING! Amending a weak link by strengthening it removes it from the category of "weak link". Yes, 'revised' would have been a better word.
??? I said the same thing. Read the small print...
A side note: There is NOTHING we can do, if it is the intent of management to maximize its use of the A/S. Even at this low pps, 3B A/S usage is a significant bit of cash. If it is management's intent to do a R/S anyways, why not cash in on all the A/S IF retail buyers are lining up to buy them? To management, that is just free money. To SHs, it will not mean crap.
Long's value has diminished substantially over the last year and most of our attention has been to garner additional shares to lower our personal pps (the fact that I have seems the right thing to do - while maintaining such a positive perspective of GTCH's potential). Even dropping to 1s doesn't deter our dreams of green! Profit is still to be made by years end as I see it.
It is sort of funny that these large blocks of shares represent a small amount of money. Yet when, If my belief is realized, once the R/S is implemented and trade begins to take root not on speculation but rather hard output/profit data, share blocks will be MUCH smaller AND their cost value goes way up.. When GTCH (what ever its ticker symbol is then) shares trades on a national market, the fun really begins. Longs have no idea where Tokenize technology will be used - just that it will be....
My projection is that there will be a new surge in volume PM. My prediction is that what we have seen this week is "administrative", next week, my guess, it that GTCH will start giving us an idea of where 'their own' operations is going. THAT is what it will take to make this ticker's pps start rising. GTCH will start making money on its own accord and not solely on the coattails of those companies they sold 'patent rights'. BIG MONEY. Just a helleva lot of time for it to materialize.
BoJo, not quite. Tokenize is selling a named patent BUT they did NOT sell their right to use it as well. In both cases. Both of these patent "rights" they sold covers the buyer's right to use...there may be further thought on how 'extensive' their right to use is or, more importantly, how it might restrict Tokenize's right to use it as well (not the name but the integrated s/w). These are very sophisticated s/w packages that can 'adapt' very well with 'other' processes that are NOT restricted by the rights sold to BNIX or AVAI.
No. THEY HAVE DETERMINED THAT THEY HAVE A 'WEAK LINK' IN THEIR PATENT REQUEST THAT NEEDS TO BE REMOVED. THIS HAS NOTHING TO DO WITH OPERATIONS, AS YET.
Yeah, I get your point....but this time?
get ready...today's PR is going to move the pps UP!
Decisions, decisions. MMs could take it to 3s! Isn't it about time? Just how much more is management going to sell out at 2s. Time to end the dilution and move on...
What a fool I am, bought more...
... now if it would only have a positive effect on the GTCH pps...
Quite a mouthful, isn't it? Can you imagine the brainiacs behind this tech. They appear to be WAY ahead of competitors in heavy mind-wave concepts. Also, whoever puts these tech PRs together is in a class of their own.
The tech discussions released today are WAY over my head as well, but I do manage to pull a couple of words that makes it much simpler for me: dynamics and efficiencies.
The AI arena is high on the shelf when it comes to the direction information sharing and analysis with advanced action to improve the process requires. The corrective mathematical computations to implement those required changes are a must to move forward to a more efficient, economical means in keeping abreast of future demands of mankind.
Either it is all BS or truly cutting edge. I side with the cutting edge and look forward to the role Tokenize will have in the future of mankind.
There is over a 100M cheap 3s being handed out. Take 'em. Won't regret it..
I want to read it. Where is that fine print located? Copy and paste??? OR is it how that 'fine print' is interpreted? I hate reading between the lines. I like things spelled out for me. Screw the fine print...
YOU need to EXPLAIN. So BIG of you to claim knowledge you obviously don't have the desire to share.
Yeah, OK. I will believe it when I see you explain how ignorant I am.
Hmmmm!!?? Quite an increase in Derivatives. Option to buy.... what????
Cash on hand...zip. So, who sold off all the 'new' shares required by note conversions? That debt, it appears only went down $500k.
Why the need for delay. Nothing noteworthy.
Diluted share obligation/value: went from 4B to 26B. Just how much of this will be in the O/S and how soon?
Little to see, a lot to think about. At least the 10-Q filed.
Anyone possessing the illusion that GTCH Management is looking out for its SHs?
This is all the positive thinking I can provide: could this surge in volume represent the naked shorts their last hurrah? Does Wall Street know a bit more than Longs here and preparing for a pps rise because of some great news in the pipeline? I know, it is a damn weak positive statement, but it is all I can muster.
Doubtful we will see many more 3s being bought up. The chumps have quit biting!
Likely that some of these 2s are new shares being offered by GTCH just for the pittance they are selling for just to get the free cash the A/S affords them before they R/S the hell out of this ticker!
I think any retail buyer is being taken for a ride here. 1s are NOT off the table. Immorality flourishes in Pinkyland.
Nice to see that some of the 3s taken out but it appears that enough retail interest was available at the ask that naked shorts got them to buy borrowed shares at 3s and are now replacing those borrowed shares at 2s. Longs have witnessed this MM routine previously, just another similar event from my perspective without having and new public information.
Have any idea what caused this surge in volume? Looks like just another MM scheme to assist naked shorts in recovering some gain and cheap replacement of borrowed shares.
Thanks for the lead-in NBT. Confirmation of previous PR. No impact on trade today.
However, can't but help feeling that pps movement COULD be in store IF evident pipeline news is released before GTCH implements the R/S.
I cannot believe a movement through .001 is not possible before the R/S IF only GTCH could release ANY news beyond the BNIX/AVAI non-cash ONLY preferred shares purchases.
GTCH has so much going on beyond those announcements. Take for example, the device they have touted as potentially manufacturable in the near future...the blood pressure device. That device goes beyond temp and heart-rate devices.
Could the cash taken in from all these new shares being sold over the last few months being used to set up a manufacturing facility? My understanding is that GTCH-Tokenize want's to retain this capability in house.
Or, were the sale of these new shares the result of GTCH-Tokenize being able to clean their accounts of all dilutive debt? That being the case, alone, the retail market would/should reflect a positive trend upward in providing a solid/cleared financial base.
I am of the belief that there are many events such as those mentioned above that could boost public knowledge of GTCH's profitable future. I just want those circumstances announced before the anticipated R/S occurs.
Being that there are NO set rules that govern the duration of an outstanding naked short position (other than a broker's demand should the ticker shorted go "boom"), the trade today indicates, to me that is, naked shorts are covering their borrowed shares at 2s. Nice of the MMs to cover them...unless new shares (more dilution) is.
Anyway, it does look like we might see the GTCH pps rise throughout the week if naked shorting disappears. That would be nice.
A thought to ponder: Let's just say BNIX, when the EVIE deal is consummated, a RM will occur AND it is expected, the symbol BNIX will be changed to EVIE. Taking into consideration that the purchase price was in fact $850M. No cash exchanged hands, rather the 'owner' of EVIE gets paid, as well, in convertible preferred shares.
Both GTCH and EVIE's owner has has agreed to shares that DO NOT EXIST IN THE O/S RIGHT NOW. BNIX pps right now is at $10.60.
The value of the EVIE purchase right now would amount to about 80M common shares of BNIX. GTCH's patent(s) would be valued at 4M shares of BNIX. BNIX currently has an O/S of 5.46M shares, or a current market cap value of nearly 55M. No A/S is listed.
I think there are some magic numbers flying around. Can't imagine that current BNIX pps holding up much longer...thus the $30M GTCH rider.
Until 2s are not readily available, movement is stymied. Naked shorts took a chance yesterday and borrowed at 2, were able to sell at 2 BUT were NOT covered with 1s. Risk is increasing for shorting. MMs able to hold back further rise with 2s off the shelf but naked shorting should drop off substantially, especially if outstanding borrowed shares are not even available for return at 2s (fee loss only). 3s dominating today's trade would put a bit of a squeeze on outstanding naked shorts.
Could happen if MMs refuse to risk shelf supplies at 2s if retail traders are leaning towards accepting a high ask price.
You and a 1000 more new retail traders would make GTCH's day. Value/gain factor is real but so few willing to lay their money down this early out. A lot more info needed before the potential shows itself.
Only you and a few others lucky enough to buy shares of GTCH so cheaply???
Well.... do you think it will have ANY impact on the GTCH trade today?
I doubt it. The BNIX PR yesterday for yet another extension still keeps the lid on today's announcement.
They should have waited until the BNIX and EVIE deal was signed. The fact that it hasn't still hangs heavy on fear that it will not. Then, what would BNIX do with its new purchase.
BNIX only has 5.5 million O/S. No announced A/S and yet, GTCH, supposedly, is limited to only 5% of the supposed BNIX/EVIE deal (cheap for a key ingredient?). Just how many preferred shares does $42.5M provide GTCH. Convertible to common shares?
Such unknowns kill any chance that this PR will have an effect on the pps today.
Pathetic
Wonder what is going on? Welcome to the BIG club. In effect, the impact of the 8K submitted after hours last Friday was negated by the release of the BNIX PR notice of extension. What good is BNIX shares if the EVIE deal doesn't take place? This is not just happenstance.
There is a very obvious attempt to continue to keep GTCH shares down. I would not even be surprised that more new shares were 'sold' at 2s and even 1s. The O/S will continue to rise.
The R/S is what is in play here BEFORE the main events in this circus. I no longer expect the ratio to be under 500. At 2s, most Longs are in the red. Longs provided share purchase cash to GTCH which they have no intent to 'repay' without a significant discount. I believe that past operational costs are NOT to be passed on to "friends of the GTCH family". Longs to bear through the use of yet another R/S.
Longs are not intended to be in the play (pay) offs without imbedded loss. Remember, retail investors pay hard cash for their shares. Friendly conversion notes for immediate cash (or 'obligation' dues) are meant to 'ensure' gain when such notes are converted/shares sold TO RETAIL INVESTORS.
The upcoming R/S (count on it being sooner than later) will tie retail investor's value in the red column. Our imbedded losses must be recovered in future gains FIRST before we will actually see green. Count on some of it. BUT it will NOT be humongous. Only management and friends are allowed to make it big if GTCH does in fact succeed.
Hey! Who am I kidding? Green is green, right?
MMs will sell all the 2s you want.
Damn, NOTHING it is. No fun in that....been going on for a year.
WTH! How can you extend an 8K? Or, did this PR just nix the 8K? OR, or the person issuing the PR is left without a clue?