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Yes! For no other reason than to see that some trader still is buying a big chunk of shares at .0001 without any public news to support it. As you, I think that we have not heard the last from TGHI.
I am very relieved that my premonition that the 3s might be taken out was nixed. Seeing that and believing that we are just a day or two away from seeing some very positive GTCH PR provides me with encouragement that SHs ARE going to benefit from GTCH's GLORIOUS potential!
Yes, I am sick of being repetitive as well.. I really would like to see the events unfold the way they have been to MAKE me repeat myself. Damn sick of it!
Vol, I happen to be as optimistic as you are in regards to GTCH's potential future. Yet I cannot help but look at the enormous expansion of the O/S over the last two months as a threat to my optimism.
Sure looks like a game being played here. I have also learned over many years of experience being in Pinkyland that, while I have been allowed to play in the game, the rules of play are set by the umps.
These power brokers, the umps, are known for being on the "take" very easily. I feel like the ones we have officiating our GTCH games ARE NOT THE EXCEPTION!!
Damn, after all that the longs here have endured, is there a posibility we are being led to the empty benches once again?
$150k of free money if the CEO wants to sell off new shares to get it. I think it is going to happen. My confusion is WHO is buying these shares and what is their purpose IF GTCH intends to R/S anyway....and HISTORY has shown for Pinkies that split are unable to support the new split-priced pps after it happens!!!
one-half BILLION!!!
dump dee dump, dump. Got the ill feeling MMs setting up to dump the 3s. What is going on? The speed degree of dump here at GTCH is something I have never seen before. Seen plenty of dumps but most often, those languished with few on the hook putting in bids even at lower levels. Here, tons are there to buy up any shares being offered at lower pps. A "step-down" is in place at GTCH. No comprende'
The wait is grueling..
I still think you are overestimating the pps with the $40M deal. Hard pressed to hold even at $.01 pps. 5B O/S is a killer. Maybe adding the TREN deal would keep it above a penny.
Many years await GTCH in becoming a profitable enterprise from actual revenue/operational costs become positive. An RM or buyout would ultimately be more profitable for SHs and much sooner...of course, there is ALWAYS the FOMO affect that surmounts expectations - however never being to hold any lofty pps that might be attained...
BNIX's name will change eventually.
That is on a 100 shares
BNIX is public
Still diluting. Taking out the 4s again. Apparent that there is more to come as soon as any good announcement provided.
Nice summary. Good to take notes!
I think I saw the 'real deal'. Why would it be revised now? Another 'revision' expected. Trade volume much too high to NOT expect the unrestricted O/S to be over 5B!
revised since early this morning?? What the heck? It was over 5B earlier this morning! Anyone else see that?
Again, I acknowledge that I expect a reverse split now that the O/S has been raised to the current levels. Yet, I contend that the ratio of the split will be very low. Unwise to take it to the extreme. GTCH MUST retain a significant amount of shares in order that the MMs have sufficient float to actively trade on a daily basis.
With the number of active patents and many more 'in the works', GTCH has a very dynamic future in regards to its operations. There is a REAL potential that revenues could expand to 100s of millions$$. Active trading allows the pps to have a strong foundation for actively trading its shares.
500M shares with a strong/tight float would do the trick. So, I do not expect that, IF a R/S is implemented by management, it will around the 1/10 ratio.
My opinions mean diddly. Only a guess. Only provided to other IH posters that I am willing to 'make a commitment' and that I really think long-term as I provide my comments.
As expected, severe dilution is evident in the OTC O/S report. Having NO NEWS on why GTCH chose to enlarge the O/S so dramatically, I can only be concerned. Dilution for Pinkies and then implementing a R/S to reduce it and begin all over again is often the kiss of death.
With GTCH, I continue to have confidence that their business plan is such that this episode of attaining 'free' operational cash by selling new shares over the last couple of months means something more than just filling the pockets of management by raising 'salaries'. I truly do believe the increase in the O/S was done to eliminate dilutive dept, improve cash incentive for a manufacturing/service structure acquisition or both.
I also hope that their need to issue new shares is over!
Now, it is only the wait to ascertain the need for such a large increase in the O/S. For me, I believe that explanation will create a much greater ability to diffuse the negative impact of the O/S increase with a much greater reason to not only erase my concerns but dramatically raise the value of the pps.
It really is hard for me to walk away from L2 and IH these days. Yet, today I know it is best I do. I expect little life from GTCH actions for the remainder of the week. I have so much work to catch up on...see you next week!
I actually almost one-upped you by looking at the count and posting it as you did - until I realized it was JUNE 1st! I have to be careful of knowing what day it is at my age ... thought YOU may have the same problem!!
Glad it was sarcasm.
Come on buyers!! Take out those 5s. A gift staring you in the face!
??? 06/01/23???
Still waiting on the OTC O/S report, yet I am not concerned about it for two reasons: Right now SHs should be aware that there is about $70M in revenue that has yet to be accounted for due to waiting for official signing; While the O/S report is likely to be well over 5B shares and likely to ensure that another R/S is in GTCH's future, it depends on what the proration will be.
The expected R/S should NOT even come close to the 1/500 ratio previously released by the company. No need now. I think the need for selling new shares to attain operational cash is coming to the close. Even while the $70M eventual company gain through the 'sale' of Avanti and Appolo will be in shares, there is certainly a share of profit to be made through the revenue generated by the companies who bought the rights.
GTCH has turned the corner. A small R/S ratio would probably suffice in reaching a share price increase to qualify for an upgrade in trade platform. I do NOT see Nasdaq listing being their initial goal...besides there is still a strong possibility of a RM in the works. So, yes, I expect any R/S to be under 1/100.
Just an opinion, mind you, but I have an improved level of confidence that GTCH will be providing very encouraging news in the not too distant future. Moving much closer to a penny pps is not unimaginable.
Logical. Tomorrow?
From the looks of it, it may be one-helliva power hour.
The pace is picking up on the 4s. As you indicated, it is likely that we end a 5s. Selling off new shares at 4s still give GTCH free money. It appears that there are many buyers at that level getting in 'cheap' before the run?
I know free money from new shares is hard to pass up but they do need to stop. Demoralizing for longs. Big Pockets are sucking up all the shares that they can get at this level - no doubt, given the promise GTCH has presented, they see it as we do... a great chance to make some green if only ONE contract was let.
My guess is that tomorrow's O/S report ought to place us well into the 5B range. I guess it would be silly of me to think that anything positive could come out of all this dilution. Boy, if I couldn't get GTCH right, Pinkyland is no place for me - logic and rationale has no place here. Fundamentals are words of prey as smoke and mirrors prevent you from seeing the REAL picture?? And I thought buying my tickets here provided better odds of winning than Lotto tickets!!! Damn, I know so little...
I am definitely missing something here.
Appears to be. I am beginning to think that I have had it wrong. Instead of looking forward to PRs when they only drop the pps further, I think I should dread them.
I have thought in the past that the 10B A/S was to divert the thought of a hostile takeover. Now I see that it was simply showing off the wallet of the company intending to cash in on every new share.
Even the thought of them converting dilutive debt or accumulating cash for some manufacturing acquisition is hard to accept now given how freely the volume shoots up every time there is one of those seemingly wonderful patent result.
No wonder the CEO has not been awarded shares for his effort. Obvious that he only wants cash on the hoof! GTCH shares are like inflation except here, each day you purchase, the price goes down right after you buy. No rush in buying, wait another day and you can buy even more for your buck!
Can't help but feel hopeful when the volume picks up.
I have a different perception. Today's PR is just a public notification. Actual value of supplying this ability to other enterprises is yet to be determined. While I am certain GTCH is aware of the potential. putting that potential in motion is the hard part. They have to PROVE to potential customers that the device/mechanism actually will do as described.
GTCH is, I am sure, trying to prove it and/or convincing a prospective customer that its use will benefit them. As yet, IMO, nothing has been proven to offer the benefits to ANY potential customer.
Volcano, NOW is the time the signed consummation of contract deals to the tune of $70 million inferred to be in the works to be done deals!
the problem is that most whales loaded up when GTCH chose to unload up to 3B new shares! Now it will be up to having actual signed contracts that generate revenue to be broadly dispersed. THAT will take some extensive informational advertising. IMO, GTCH is doing little of that. GTCH is still off the radar for most investors.
What does it take to move this puppy?
I am getting ready for some serious contract negotiations. GTCH has got to invest in some major advertising campaigns. They 'appear' to offer tremendous value to business acumen. Behind closed door negotiations matter but publicity does as well. GTCH needs to become a business household name!!
Is it just me having a wild imagination and so little technical IP background that I see this new release to have MAJOR impact with unlimited potential to have numerous broad based Info Sys contractual/royalties?
Why do I think SO BIG when I read GTCH notifications of Patent success???
While a bit impatient, I am confident that GTCH is going to come through for is SHs. Soon, on the positive side, is always better but many if not most longs are settled into the wait. GTCH simply has been held back due to its revenue stream(s) being unconfirmed until contractual agreements are consummated, and results are identifiable.
GTCH management has expressed that many of those results will occur much later in the year. SHs, as expected, want them much earlier. Wishing and reality are most often in conflict. Reality, over time, eats any wish that gets in its way...while only patience keeps the dream alive.
Well? What can we expect tomorrow? Any hint of rumor?
I do expect SOMETHING this week.
Too many 5s available to move forward.
Cleaning dilutive debt off the books? Word is out, hurry friends, making shares available, get them while they last? Could those options be over now?