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Anything in the pipeline for this week?
Jub, I would only agree with that IF I thought the dilution was for no other reason than fill the pockets of management. NOT. This dilution, it seems to me, is purposeful...primarily to clear dilutive debt and/or gather cash for some operational reason to enhance revenue generation.
Both of those alternatives to your perspective is beneficial to the company. While initial impact of dilution has a negative impact on the pps (because SHs do not know the purpose of the dilution) will be turned around upon knowledge of the purpose.
Even though I have posted previously of my belief that a R/S is inevitable, I know it is not a fact. Many other alternatives are available to management to improve the SS other than the R/S tool.
While I often condition myself for failure, I cannot but have positive vibes for GTCH and its SHs.
No poster should feel inhibited from ANY suggested possibility. The sky is the limit. SHs know so little of the inner workings. Best to create some mindset to prepare for the positive developments over the next 6 months.
I have the same opinion but with a bit of a twist.
I think there is a strong possibility that debt holders were 'forced' to clear their debt obligations with GTCH. Something may be 'UP' in that a merger/RM may be in the works that requires GTCH's dilutive debt to be cleared from the books. Note holders most often do actually receive a benefit in selling off conversion shares rather than receive a cash buyout.
Either way, GTCH wins. Their debt is off the books and they are 'clear' to pursue other ventures with a clean slate...
The statement above is just a 'twist' scenario. Not aware of anything other than my own observations and the 'imaginative mindset' necessary to dream it up.
I just have to mention this. I have been advised over the years that when a 5-digit number shows up on L2, I is an MM action. I remain astounded how many of these actions show up, especially with GTCH and over the last month or so. Just too many of those transactions not to make me nervous. Why so many and what the hell is going on that would require such a need for the MMs to do so.
Anybody willing to express an idea on WHY?
Anyone thinking like me - that GTCH does not have to have the split ratio as high at 500. That to 100 or less would do to get them out of Pinkyland? If GTCH really does have the right stuff, revenues would attain and sustain a Nasdaq ranking in a couple of years? Why would there be a need to do a severe R/S right now?
Come on MMs, just do it. Get it over with.
Taking out the 2s seem likely...although the trade right now is steering away from doing so.
Don't paint me wrong Max. I would love to see this dilution end. Other than buying a few shares at 3s today, I am done buying. But I also have to say, while I talk dilution, I am keeping an eye on the L2 for the purpose of watching what I think is ACTUAL retail trading today. I is beginning to appear to me that 'something is up', in that the trade indicates knowledge of an imminent release of good news. Trading is healthy in the UP direction. Is there a chance that FOMO is rearing its head?
Whoever is buying up 3s, god love 'em!
A lot of 'somebodies' are willing to buy shares at 2s. They are on the hook...easily fed with new shares.
I just do not trust management enough not to take out the bid at that level. They obviously were willing to sell into yesterday. Why not today? It appears to me at least that they are intent to use up ALL of the A/S.
Max??? 700 MILLION shares on the bid at 2s
$140,000 free money for 700M new shares being sold at 2s is not chicken feed.
Oh crap! Severe dilution ahead as they take out the 2s! What is the O/S up to now, 7B? This was planned all along. The 1/500 will be exercised. Then....who will own all those post shares? CEO owns 0. What board member will rule? Or are we looking at an RM with every 500 shares of GTCH you own will be converted to 1 share of company XYZ?
I would be interested in why you said this: the dwindling SP is suspicious to me...
I am too but may be for another reason: How can so much dilution hit the market yet be so easily sold (accumulated) so fast as well? I am unwilling to accept that these shares are going into retail investors' hands.
Actions over the last month or so provide sufficient observation to show why I do not put much emphasis on DD. Most information to date has been highly indicative of much promise for GTCH but the company's historical and current actions in the use of dilution and R/Ss leave an unpleasant impression.
DD gets me in, seeing what actions are taken and the impact they have since I have come on board...determine how long I stay. Not so easy to decide when there is a mixed bag. Contract possibilities and frequent patent updates provide hope while the dilution does not.
The dilution is clearly defined. Get as much free cash as the company can...we are going to complete another R/S all over again. Yet the PROMISE of their technology presents in generating substantial revenue is undeniable.
So now, what should I do? I stay, suck it up. Lower my estimation of gain... and wait some more. Not fun at all.
The ever-expanding learning curve in Pinkyland. Constant dilution with buying to support it...
I cannot argue that point Vol, in fact I would prefer to think you are correct. I cannot imagine that what longs see in GTCH's potential to be in error. ANYONE holding shares have got to be thinking 'GREEN', only a matter of WHEN we see it.
A thought worth pondering though is that current SHs, I believe, will lose a lot of leverage due to the eventual R/S, so I also feel the urge to 'lower my expectations' a bit on just how much our early support will factor into how much profit we can make. GTCH management, I am sure, is more inclined to protect the interests of insiders rather than the interests of retail investors.
Good morning. I am with you in total as it pertains to GTCH's potential to generate enormous revenue streams. Our differing opinion lies only on timeframe. I do not hold the same optimism you possess in regards to how fast the pps will rise in tandem with GTCH's potential.
I think we have months to wait for the pps to start the rise we all anticipate. MM's tight reign over the volume of trade and how it impacts the pps is most certainly well established. They do not intend to let GTCH's pps 'fly' when it provides the means to not only sell the new shares that GTCH's management intends to swell the O/S size but also the MMs find it so instrumental in supporting their desire to generate their own revenue through naked shorting.
I know most here do not support my position that naked shorting is, in addition to GTCH's own dilutive means, a primary tool in stifling any significant rise in the pps.
What I saying that not only the factors mentioned above are holding down any advancement of GTCH's pps but that contract negotiations as well as operational development to use the tools GTCH possesses will delay, stretch out any significant rise until later in the year, more than likely, late fall or early winter 2023.
Say it ain't so! Are MMs hinting at saying they have more new shares to get rid of and are likely to take out the bid at 3s?
Good advice with reservations: PRs must contain facts (like numbers or notification of signed contract) and even an 8k leaves room for amendments that may have to be issued if 8k provided inaccurate information.
Ah, Max, what are the "facts" you are referring to? Yes, it is a fact that BNIX issued a PR. Big deal! Its content provides a basis for possibilities, nothing more. The signed, sealed and delivered contract will be a fact. I have not seen that yet, you? My previous postings were opinions - not to be confused for fact unless you decide to classify them as such...actual 'postings' are facts that substantiate nothing of value. The contents are not facts.
Max, you are aware as well as I am that most postings here are opinions subject to change. Facts do not change, opinions do. Count on it. While I do read other's postings, the intent to do so is to expel any confusion I may have...yet again, subject to change. Not rocket science.
My intent is NOT to confuse anyone else. My intent is to express what level of understanding I have at that moment. Useful? Maybe. But NEVER intended to confuse anyone else. Postings are really only 'food for thought'. Any confusion MUST be the reader's responsibility to rectify.
I have bought GTCH shares KNOWING none of their patents or technology as a whole can be assured in making substantial revenue. The tech and its patents sound so 'useful' in the world of business but implementation is key. The only PROOF of knowing will exist when their balance sheet provides such income. Until then, all is a gamble. Even patents providing ample realistic models can result in failure when constraints prevent operational capacity from meeting the requirements of demand.
I am fully aware that to invest in GTCH at this early stage is still highly risky in perspective of how much revenue will be generated as the company develops its wares in hopes of satisfying a significant consumer demand. All I can really expect is that I have to wait to see.
Sir, that notice is very nebulous. Too open ended leaving a LOT to 'interpret'. For example, just stating "and its acquisition target GTCH(Apollo)" left me a bit confused.
Upon reading initially, I had to ponder the idea that GTCH was actually being 'bought' with the share transfer. Although I have since then determined that BNIX 'only' bought rights to Apollo. Yet the details are in the pudding which has yet to be served..
Also, the usefulness of Apollo has yet to be determined as beer stated. Its programming (AI enhanced) has NOT been incorporated in UK-based EVIE’s pod-shaped autonomous vehicles until the deal is done.
At least some retail buyers are chipping away at the asking price
I think it is still possible that GTCH provided a lifeline in having the arrangement. TGHI could be arranging an acquisition/RM with another that fits well in utilizing GTCH patents...via royalties or even the potential, depending on what TGHI manages to put together, being acquired by GTCH.
Of course, pure speculation. I just don't feel that TGHI is down and out YET.
boo hoo! Another extension.
Now THAT skill I must defer to you. I have not had the experience you profess to have. I do hope it rings true in GTCH's case.
Right now I am of the opinion that the R/S (IF there is one) will/must be implemented first before these pending contracts are finalized and announced.
MY reasoning is based on the belief that when the R/S occurs, every effort will be made by the company to matain the post pps - those contracts appear to me that they would be completed then....
You seem to project that THOSE two contracts are best to announce NOW to pop the pps PRIOR to the R/S (again, if it occurs).
Hell, either way is fine with me... In fact, I hope your perspective WINS! So anxious, for no matter what reason, to see the pps rise for once AND stabilize at increasing values.
Exactly.
Yes. MMs are given a lot of leeway under SEC guidelines...written and unwritten. I have found nowhere that SEC can do as you say... but they do it. That particular aspect I have little to fault but having such dilutive POWER in generating their own naked shares and their obvious favoritism towards shorting doing it as well REALLY turns my stomach!
Retail SHs really have a LOT against them... BUT if we learn to play the game well, fixed or otherwise, we can win! Can't we?
I think it is pretty much given that a rise in the pps is dependent on the consummation of the contract negotiations previously acknowledged by GTCH. SHs SHOULD believe that the official announcements should be SOON. Even the TREN CEO announced that they are "utilizing our signature AI technology, Avant! AIä" as far back as May 2nd.
Done deals right? So what is keeping GTCH management from telling its SHs??
There is OVER 100M shares on the ask at 4s. How come, just a few days ago many were gobling them up while on the bid and NOW, seemingly NO ONE wants them while they are on the ask?
As a SH, nothing we can do right now other than wait it out. Little selling at this point. Maybe a few adding some 3s and 4s, but realistically, we know not. We must wait for the other shoe to drop. What will it be? The signing of one of the projected contracts like vol expects? Implementation of the R/S? An acquisition from all the cash generated from selling new shares? Announcement that all dilutive financing has been paid off? A RM with a big company? A consolidation with a manufacturing firm to produce the hand-held medical device? Another earth-shattering patent? More bigger and better contracts?
With GTCH, there doesn't seem to be an end to the possibility. I just want to know is when any of the possibilities will end this damn dilution and provide a basis for the pps to start moving UP instead of DOWN!!!
TN. You are losing credibility pursuing this line of reasoning. Beer has specifically provided information on who is running the company. It is HIGHLY unlikely that anyone of interest in the realm of GTCH will be posting to this board. Get real. Generally speaking, retail investors are chess pawns rather than key players. I am a retail investor as one of the 'lesser' pawns.
You noticed! I am mood flexible. The mood, however, does not have an effect on my long-term perspective. Just a reflection on trade actions/perceived notions going on over a specific short-term period, it would take quite an accumulation of such moments to make me want to sell. At this moment, not even close.
Clear as mud isn't it beer. I noticed as well, but did not care - focused more on the tech. The inner-workings of a business is usually clouded, much like the air on the East Coast right now. I make a point not to believe anything I read about 'management' although I know the decisions they make affects my own bottom line. Print lies through its teeth.
However, I will say that much of what you posted is 'old news' from my perspective. The new CEO was retained after most of those 'events'. I suspect much of what may have been then has changed now. We (SHs) are just not being provided with enough information to make heads or tails of it.
Simply stating, I focus on contract results from their tech and what the revenue stream would look like once those agreements are put in place. The distribution of 'real' money from the impact of GTCH's business operations is out of my 'need to know' range (crooks will be crooks is a fact of life) - I just want to see what portion of that wealth will be reflected in the ongoing pps.
In fact, my DD only includes sufficient information to provide me with some assurance their pps will go up via product/service revenue - not how much smoke and mirrors could be potentially constructed to enable management to cream $$ into their own pockets. They are going to do it regardless... I do not want to kid myself. I just want to know that there is a good chance, as a SH, that I can get some of it too.
Yeah, I just did not want to believe it... greed overwhelmed my logic and rationality.
No flip. Long. Tired of paying Uncle Sam a bigger share when I do all the work trying to make a buck.