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GTCH deserve to trade in penny land with $42 mil deal potential closing by July 14 now
$1.5 mil mktcap at 0003 is ridiculously undervalued
Super explosion coming soon here
Yep
A few more weeks waiting time
Pps is at bottom anyway
2000% explosion coming here
So what?
The definitive agreement news coming this week and it take time to complete this deal by July 14
They already signed the definitive agreement for this deal and the official PR is coming
You never know what will happen here
Looks like debt conversion finished and we all waiting for the definitive agreement news this week
$42 mil mean $0.0082 Pps book value
Good luck all
Tuesday morning is PR day
Explosion coming tmrw
Definitive agreement news should be announced this week
Almost two months passed after binding LOI announcement
That extension is to complete the deal
Definitive agreement signing is different matter
It take a month to complete the deal after DA signing
I agree 100%
This company should be trading in penny land with current 39 patents potential
Huge green starting today
No extension news today
That means the deal is closing as scheduled
Huge green coming today
I expect to see the deal closing news until June 14
BNIX 10Q clearly indicate the deal must close by June 14
Good luck all
I see Pps moving up starting tmrw
The deal is closing this week for sure
$42 mil deal closing is massive game changer for GTCH
This is just one product of 39 Patents
The definitive agreement will be signed before June 14 indeed
2000% explosion will be the beauty of OTC
There are so many other SPAC candidates
if BNIX fail to execute the deal
EVIE Autonomous set the valuation of Apollo system at $42 mil dollars at minimum
We will have explosive week
If the deal fell thru
The PR should have been announced by either party already
They are lip tied silent and finishing up the deal behind the scene
This is a done deal indeed
Just waiting for the official PR next week
PR could be anyday next week
Super short squeeze indeed
4 billion shares float will be gone upon the closing news
This gonna keep going up while next week
$0.0082 is booking value Pps
2000% increase from current Pps
I feel confident 100% that this SPAC deal will be closed until June 14
It will be explosive week
It is a binding LOI and they did enough DD
for 2 months now
This is just one program of 39 patents and GTCH is getting $42 mil worth of shares
Another huge program is Omega chip correction system targeting semiconductor makers like Samsung
Amazing AI company trading at $0.0004
The volume was decreased significantly
They are ready to jack up Pps starting Monday
The deal closing deadline is June 14
This is the next 1000% runner next week
Bannix must consummate an initial business combination (the "Deadline Date") from May 14, 2023 for an additional month, to June 14, 2023.
BNIX must close the deal by June 14
Binding LOI was signed on 04/17
They had enough time now
Definitive agreement must be signed until June 14
GTCH will have $42 mil worth of shares and 7% of total $542 mil mktcap
The book value increase to $42 mil instantly
5 bil x $0.0084 = $42 mil
2000% explosion coming
Super explosive week coming up
Bannix Acquisition Corp. (BNIX) Signs $543M LOI with EVIE Autonomous
by Nicholas Alan Clayton on 2023-04-21 at 9:47am
Bannix Acquisition Corp. (NASDAQ:BNIX) announced this morning that it has entered into a binding letter of intent to combine with autonomous vehicle company EVIE at a proposed enterprise value of $542.5 million.
Staffordshire, UK-based EVIE’s pod-shaped autonomous vehicles have transported about 6.3 million people at London’s Heathrow Airport and logged about 5.5 million kilometers (3.4 million miles) in commercial service
EVIE is required to pay Bannix £130,000 ($161,245) in a promissory note on April 19 and a further £70,000 ($86,820) on May 12. If the parties get a DA signed, then EVIE is to provide notes for £150,000 ($186,115) on July 30 and up to £400,000 ($496,300) more to meet other working capital requirements
Bannix currently has about $30.5 million in its trust. If it were to face no further redemptions, these shares combined with the sponsor’s 2,524,000 promote shares would represent a 9.2% stake in the combined company under the proposed LOI structure.
EVIE shareholders would meanwhile be issued 50,000,000 shares as consideration, and its acquisition target GTCH(Apollo)would receive 4,250,000 shares for stakes of 83.7% and 7.1%, respectively.
LEAS exploded from $0.0005 to $0.0048 last week
1000% runner in a week indeed
OTC is hot in June and July
Good luck all
Shorts better hope no closing news on premkt on Monday
It will cause super short squeeze upon the news
We have seen many stocks explode 1000% in a day
The deal is done!
A perfect storm coming next week
Looks like debt conversion finished as of now
$42 mil deal closing is a must
BNIX can’t find any other better company to merge
Both parties are so desperate to close the deal
Get ready for 1000%-5000% explosion next week
Severely suppressed and manipulated at 0004
This stock belong to penny land
Evie Autonomous and BNIX has every reason to close this SPAC deal next week
We are 1000% runner just like LEA$ upon the closing confirmation
Mr Steven Lake commented, "the applications of our platform are endless and the needs of society to improve productivity, profitability and safety in farming, construction and logistics are acute. We believe our complete proven platform is ideally placed to solve these challenges. Our goal is to deliver the most affordable and reliable electric autonomous platform available. We are delighted to begin this journey to be listed on NASDAQ."
Further EVIE Autonomous highlights include:
A modular scalable electric platform that moves people and goods today
Proven and reliable autonomous AI controlled robotics technology
Utilizing 4D radar and optical perception sensors
Full ownership of proprietary autonomous system source code
Fully connected with a working Fleet Management Solution
A ride hailing phone app that allows you to stop a vehicle at the nearest point to your location
Market leading price point
Existing v1 pod orders
Significant global interest
Long term service revenues
Tier 1 automotive supply chain established
To enhance the EVIE Autonomous platform, concurrently with the acquisition of EVIE Autonomous, Bannix will acquire additional intellectual property ("Apollo"), owned by GBT Technologies, Inc. ("GBT"). GBT filed a patent application in 2021 under Publication Number 2022/0405966 with the US Patent and Trademark Office. This patent application describes a machine learning driven technology that controls radio wave transmissions, analyzes their reflections data, and constructs 2D/3D images of stationary and moving objects. The Apollo system is based on radio waves and can detect an entity's moving and stationary positions, enabling imaging technology to show these movements and positions on a screen in real time. This includes an AI technology that controls the radio waves transmission and analyzes the reflections. This can be used as an efficient driver monitoring system, detecting impaired or distracted drivers, providing audible and visual alerts.
The Company expects to announce additional details regarding the proposed business combination when a definitive agreement is executed.
I am sure 100% for the deal closing next week
Why do think no deal closing?
AI EYE Podcast - GBT's CTO Discusses Apollo Technology and Its Use in Autonomous Vehicles Tech
Newsfile Corp.
May 24, 2023, 7:00 am
Vancouver, Kelowna, Delta, British Columbia--(Newsfile Corp. - May 24, 2023) - Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) stocks releases a special edition of the AI Eye podcast looking at the use of AI in Autonomous Vehicles systems, featuring AI innovator GBT Technologies Inc. (OTC Pink: GTCH).
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2023/052223-AI-Eye-GBT.mp3
Let’s see who win at last
My instinct never fail
I made several 1000% profit before
Good luck anyway
Do not worry
Pps is at bottom anyway
Nothing to lose at this pps
The definitive agreement will be signed and closed before June 14 as deadline
Binding LOI was to close the deal by May 30 but BNIX extended until June 14
Let’s see what happen next week
Good luck
Many ppl will cry loud not buying cheapies now
I have strong instinct the huge closing news coming next Tuesday
LEA$ was trading around 0005 a few days ago and look where they are now 0045
1000% explosion easy upon great $42 mil deal closing news next week
I feel GTCH is the next 1000% runner next week
CNN$ and LEA$ ran 1000% last week
Debtor finished conversion and ready to jack up Pps all time high upon $42 mil deal closing next week
You never know what will happen to this ticker next week
BNIX stated to start Due Diligence on 05/12 and plan to finish on 06/12 and announce the merger closing news next Tuesday
Both party are eager to close this deal
The deal is done
Looks like dillution finished now
I expect 0004 will be wiped out today
Everyone is waiting for the deal closing which is due next Wed
Volume is low and any news could ignite the rocket into orbit
Finger crossed
Good luck all
Why would he effectuate RS even AS is 10 bil and OS is 5 bil
There are 5 bil gap
No need to do it now until Dec 31
ET 5/12/2023 - Globe Newswire
Bannix Acquisition Corp. Announces Monthly Extension to Complete its Initial Business Combination
Commences Due Diligence with EVIE AutonomousGlobeNewswireMay 12, 2023
WEST HOLLYWOOD, Calif., May 12, 2023 (GLOBE NEWSWIRE) -- Bannix Acquisition Corp. ("Bannix") announced today that its board of directors (the "Board") has decided to extend the date by which Bannix must consummate an initial business combination (the "Deadline Date") from May 14, 2023 for an additional month, to June 14, 2023.
There is no requirement of RS for $42 mil deal here
What are you talking about
GTCH is just selling Apollo AI program to new EVIE Autonomous entity for $42 mil worth shares
Totally different deal from LEAS
The thing is whether we close $42 mil deal until June 14 or not
Look at LEAS exploded from 0005 to 0047
upon SPAC deal merger even with 1:2500 RS requirement
Everything will change upon the deal closing news next Monday or Tuesday
GTCH is getting $42 mil worth shares out of $542 mil Nasdaq SPAC deal
That news will be the biggest event in OTC history
Pps already bottomed and downside risk minimal but upside potential 1000% upon the news next few days
I am willing to take risk bcs all the signs indicate the deal closing before June 14
Invest $1000 as lotto play at minimum
Our glorious day will come next week
Why you care so much if you don’t like this stock?
Just buy other 1000% stock then
We already know everything about this stock
We are still waiting for 42 mil deal closing news until next Wed
The biggest news in OTC history will ignite
super rocket into penny land
You never know what will happen to ticker like this much potential in a few days
Raise your bet
We will find out next Monday or Tuesday
I bet double on the closing news next week
Good luck
I see huge Green Day tmrw
$42 mil deal announcement next Tuesday
1000% explosion coming
We are the next 1000% runner next week
I am confident the deal closing announcement is coming next Tuesday
Instant $42 mil book value upon the deal closing
The biggest news in OTC history
GTCH will hold 7% of $542 mil Nasdaq merger deal
3 more trading days until June 14 deadline
Buy some for 1000% profit
Last chance
Ok
We can explode over 004 upon the closing news next week then
I think the deal being signed on weekend
The announcement on Monday or Tuesday
1000% explosion imminent
Wow
Nice 1000% explosion on great Spac deal news
OTC is getting hot in June