That's 16.3 thousand million, or 16.3 billion.
But OTCMarket says 19.7billion outstanding. (http://www.otcmarkets.com/stock/GDTK/company-info)

Either way it was a (probably accidental/quick) misreading; it's not millions, it's billions.

It makes sense to me (that they would put this PR out).

First I'll say that I agree that it's possible that maybe they're trying to sell more shares. I'm not opposing that in this message, I'm just explaining why it makes sense to me that they would PR this invitation:

They've (apparently) had very little news to PR during the past few months. Their installation is either on or behind schedule (4 months of installing plus whatever extra time to uninstall their previous installation and transport. Could be anything) but either way they wouldn't PR that. In fact, that's probably true for most aspects of business for them: either on target or behind; nothing substantial to talk about.

They used to do fairly frequent PRs - more so than now, anyway. Their not PRing even monthly might be due to having little new to say.

But here something falls onto their laps and so they decide to share it.

I mean, that's the way it seems to me: they finally got news, so they shared it. It could be any number of things, but that seems to make sense.

That was already posted here a week ago:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60523703

He (the poster, Brainstorming) even wrote a reminder here yesterday...

That is correct initially, however those values rarely stick.

The value of a stock will always be what people are willing to pay for it (be they investors or companies doing buybacks, etc.) and nothing more. Reverse splits often frighten investors and that (among other things) causes the price to drop. Falling price due to frightened investors doesn't help either - it snowballs a bit.

Some companies also do reverse splits to allow them to dilute again more easily, which definitely hurts prices.

Also if a stock is the way GDTK currently is: a 10:1 reverse split won't bring it to 0.0010 because shares aren't actually worth 0.0001 right now; the real price is lower.

All that said: sometimes a RS does help a stock! Sometimes they can help make a reversal in many ways. It's just something to be very cautious about - especially on penny stocks. All I meant to say is that odds aren't exactly on your side in the case of a RS. It's good on occasion, but usually ends up hurting the investors, not helping them. It depends.

So far I don't have any reason to believe GDTK will be doing a RS very soon, though, thankfully.

It depends on the size of the reverse split. They can come in all kinds of different sizes.

They'll be called x:1 reverse splits (replace x with the number they use) and you will end up with y/x shares (with y being equal to how many shares you have)

So if you have 100mil shares and they perform a 50:1 split you will end up with 100/50 = 2million shares.

If they did a 100:1 reverse split you would have 1 million shares, and so on.

This is huge. Not sure why nobody else is responding to it, but absolutely massive.

If that's what you thought, then clearly the posts weren't intended for you. I said it was in response to the people that were claiming it based on those particular recent sells. I tried to be explicit about that.

I neither said it was nor wasn't maxed out. I said that you can't make that conclusion based on 130million in sells. It came suddenly after those sells, the wave of people crying "maxed float".

It's ridiculous and inane to base such a large change in share structure off the trading we've seen lately.

Check my previous post for a couple numbers that might help ease your mind: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60517823

There were a lot of sells, but all of a sudden people are screaming that the float is now maxed out. Even if it were dilution (who knows), they couldn't possibly know that. It's ridiculous.

Important to consider: the sells yesterday morning accounted for around 130million shares. There were more sells throughout the day, but I'm talking strictly about the ones that went off tightly together in the morning. The supposed "dilution".

130 million shares accounts for just over 1/6th of the trades that occurred over the two large-volume days around two weeks ago (February 14th and 15th) which were almost entirely buys.

Since then, but before yesterday, there have been about 416million more trades (total volume from feb16th to 28th), most of which (or maybe even all) had seen more buys than sells, usually by a large margin.

Is it not possible that some of the people who accumulated these nearly 1.2 billion shares, accumulated a great deal? Or even perhaps that a group or community, if not a wealthy investor, bought upward of 12% of them? Because that's what dropped during the massive sells yesterday: 12% of that volume.

A mere 17% of the mostly-buy volume that occurred on feb14th and 15th. Buy volume that came out of essentially nowhere and could very well have had a few very deep pockets contribute to it.

Again, maybe it was dilution. It's possible, for sure. But you don't know that. Not yet. It just as easily could have been somebody or some group who bought a large position earlier on.

It's absolutely ridiculous that people who claim to want this to be a pump and dump go right ahead and start bashing the stock heavily.

Here's a tip: for pump and dump to work you want people to buy shares in the stock; if you want people to buy shares in the stock you shouldn't be bashing it that much.

Another tip: the total buys at the ask over the past couple weeks is still much higher than sells at bid over the same time frame. This is including the massive sells yesterday. Is it not possible that most of the sells came from impatient people who bought during that period, or other investors who got sick of waiting? Before you claim "but they wouldn't have kept selling at 0.0001. It must be dilution!" remember that 0.0001 wasn't actually touched during that sell-off. 0.0001 was hit much later in the day after panic struck; some people just wanted to cut their losses. Those 0.0001 sells were very likely just other investors - not dilution.

Exactly. Everybody panics all of a sudden acting like the trading looks a lot worse than it really does. The chart looks fairly healthy, I think. We held 0.0003 for a good while there; if trends continue then next time it will be even better (maybe even breaking higher). Plus this gives more time to allow the moving averages (E.G. SMA100 and EMA50, among other long averages) to cool down, which can be explosive once we break through them. Accum/dist is still on a huge uptrend.

That's understandable too. I guess I just don't see that very much has changed in the past 2-3 months that would cause them to start giving consistent news every couple weeks. In fact I feel like DTSL over the past few weeks looks almost exactly like it did at the end of December and throughout January/February. I haven't seen anything that should spark such a sudden change in the way the business is run.

(That said, it would be nice to get frequent updates like they had between October and the start of December. Those were helpful)

To everybody who's complaining about the 130 million shares sold at the bid yesterday: That's fair. You all have the right to be upset at that, and it's rational too!

On the other hand:

To those complaining that we're back at 0.0001: it was expected! Where have you been? Have you decided not to read the boards or look at charts, or really try to gain any knowledge about this stock? Heck, we probably should have hit 0.0001bid/0.0002ask much SOONER. Here, read these two posts:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60215980
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60251822

There you have it. That was one week ago, and it was huge that we weren't at 0.0001/0.0002 yet even then. Look at the trends. We were destined for a day of sells right from the start.

Maybe the 130,000,000 shares were dilution. Maybe they were a few investors who got sick of their investments standing still for weeks. It's all up for speculation. Complaining about the dilution makes sense, but complaining that this stock dropped back down after a few weeks without much volume or news or anything to hold it up is like complaining that water's wet.

You can go back and read the PR at any time after you might forget some information. Here's a quote from it:
The installation will take four months and will start generating revenue 30 days after it goes on line producing electricity for Pacific Gas and Electric.
(- GDT Tek Receives Funding Commitment at 8%... ; 01/06/2011 @ 1:52PM)

Meaning even if they started installing parts that day, it wouldn't be built until about April 6th, and wouldn't start generating revenues until about May 5th.

Don't expect it to be that soon though, there will be delays: it's something you should always accept.

Note that the timeline doesn't explicitly say whether it includes uninstalling the parts from it's current setup, transporting the parts, or any other time required. It could actually take many more months, even without them falling off schedule or lying (both also possible; but you oughtn't call cheat until you recognize these months as well).

What do you mean? This is the typical volume it's seen over the past couple weeks. The only increase yesterday was from a 130million share sell-off that occurred over a couple hours early day.

Amen to that. DTSL @ 0.0001 is a major bargain.

What happened is this:
Either:

a) You use online investing and you were too busy blowing smoke and hot air yesterday, when you said you were selling, to actually place a sell order and missed your chance.

Or:
b) You don't use online investing and neglected to wake yourself up by market open (doesn't matter what your timezone is; if you want to trade properly you make sure you're ready to buy or sell during market hours, not your own) and you missed your chance.

Either way, if you wan't 0.0002 for your shares you'll have to wait for somebody to pay you that. It's no longer the bid, so you can't make an instant transaction.

Next time remember: either you open the trade early or you wake up early. Don't wait until mid-day and get upset.

It looks like they're making changes and editing the videos. I was never under the impression that the video was a finished item (as-was); were we ever told that it was? There are two newer videos on their profile.

The CEO told a user who called in that a PR would be released "before the end of next week", this was about two weeks ago. A PR was released on Feb 17th, a couple days after the user asked and the PR was promised.

It wasn't what people had hoped for, so they all started speculating that another was going to be within the exact same time frame, stating that the one that had just been released wasn't the one they were talking about.

Fact is: the CEO stood up to his word. We did get a PR. It wasn't what people wanted, but it was there. Everything else was speculation.

Currently people are waiting on other news, but we haven't gotten any kind of a time-frame on it yet. You'll have to be patient (and this goes for everybody).

Before people complain that it's been at a stand still for two weeks, they should consider the following: we've held a closing value of 0.0003 for 8 trading days (or will be 13 total days starting Monday - possibly more - but I much prefer trading days) straight now. We've held the up tick for 2 weeks. But the impressive part is that we've done so while people have had so many reasons to back out. Consider the reasons investors might back out at this point: flippers could have got their double, or at least a +50%; we were promised news but only got the "preferred partners" statement (which most people agree wasn't all that significant, as far as PRs go); volume's fallen back down pretty heavily; the company's been fairly quiet over the past couple months; and so on. Now despite all of these reasons we've held strong for two weeks even at low volume.

That's huge IMO. The fact that we haven't closed at 0.0002 yet is a testament to buyer confidence in DTSL.

Just wait until it starts to get excellent PRs and break (even small) resistances. This stock's going up, and I have a feeling it's going pretty high too.

Give it time, people. This has potential. DTSL could grow into a big board company. People say that in almost every Pink Sheet/OTC board, I know, but here it's absolutely possible. I don't know about you guys, but I'd rather the company focus on growing toward this potential instead of acting like the typical pump-and-dump scam companies. If they continue working toward their goals, and keep it all together, this could be massive. Give it time. Research other stocks, or follow up on some other hobbies or interests; don't just sit here every day upset that it hasn't upticked again yet.

Exactly! Perfect! I'm (this is personally, others may have other preferences) especially attracted to the 'even' points (2,4,6,8,10,12,14). Those are all beautiful signs.

Call it dormant. What you need to worry about is which way you think it will go when it's awakened. I think up, others may think down; it's a personal decision.

I would have to agree.

They've done that to me on a few stocks (never this one yet, but I haven't bought in too many times here), and it always gives a weird feeling. On one hand I'm happy to have saved the money. That's nice. But on the other it makes me a bit upset because I can tell it's done to give other investors uneasy feelings. I've even seen things like that heavily damage runs.

It happens though, it's just something to accept. MMs will play their games - it's their job!

Right. Just because they're currently almost exclusively targeting the food industry (targeting, not part of) to sell their software, doesn't mean it will always be that way. If you read their filings you will see that they expect to be able to expand their software to other industries such as auto-parts (as mentioned in one of the filings - I can't remember exactly which). Just as you said: they would like to expand to other fields.

The point is that they don't sell food. They sell software and personal support used to manage delivery. They sell their services and product (it's both, really, not just one of the other) to members of the food industry, however they, DTSL, are not part of it. It's a different level.

This isn't a food stock. If you think it is, then you haven't looked into what DTSL actually does. This is actually a technology (/software) stock.

A bit late, I know, but I'd like to mention a couple small issues I have with this:

BEFORE I say anything, I'd like to make it clear that I mostly agree with your assessment: if we don't see an increase of volume fairly soon it will probably start to drop.

Now, on to the issues:

The previous attempts to break 0.0003 had some pretty important differences, at least they seem important to me.

The first one you traced had a HUGE sell off after the initial volume spike (notice the day after the surge of volume is a large red (i.e. sells, mostly) day. It may have been dilution, I can't remember. The point is that there was a lot more resistance pushing down after than we have this time around; this time we're floating pretty nicely on the 0.0003s even as volume drops. Call it investor confidence, or lack of dilution, or whatever you see fit.

As for the second attempt that you outlined: the volume wasn't there at all. It's not too comparable to the volume we have this time. For one, the spike is vastly different (not to mention the current spike carried on to a second day whereas the other attempt immediately dropped to a very small volume - it doesn't represent an 'increase in interest' the same way that recent volume does). Just as important, though, is the way volume cooled off after each: the current attempt is keeping a much stronger volume (still, admittedly far too little to knock MMs off and make any progress, but still much stronger than the previous attempt). Further, we've closed at 0.0003 all 6 days since the volume hit. It's taking a lot longer for us to fall, even for just a day - this is a good thing. In fact, we haven't closed below opening value in over a month; but this is a digression and not entirely related.

All I'm saying is that while it's certainly similar to the previous attempts, there are a lot more things working for us. The trend looks to me like it's taking longer and longer to drop on each attempt. If that trend is continued, then even if we go back to 0.0001 this time, the next attempt (again, this is "if the trend continues") would be even more likely to connect 2 or more volume spikes. Most of the other indicators you could hope for are on our side too.

DTSL might fall back soon on this run, but the trend lines you've pointed out do have some positive aspects to them. A break back down doesn't seem too terribly disabling, IMO, it would, however, make a couple boring weeks.

He's saying that there's a rumor that there would be news before the end of this week. People were saying that last week.

However, it was also being said before the PR came out last week, so it's entirely possible that that PR was our rumored PR (which would be unfortunate, because it really wasn't too special).

Well to be fair we are still slowly climbing in boardmarks and "my stocks". So there is a small amount more interest coming in than going out. It's not fast enough to start anything though.

As of today I've started recording boardmarks, posts, and "my stocks" numbers for every stock I'm in. I think it should be interesting to follow and would be nice to have records of in the following weeks.

Yeah, I understand. I get curious sometimes too (disabled my L2 subscription last month because I've been spending less time trading, it's something I miss a bit). I see Rtclaus answered about the # of MM on either side.

I just can't imagine any dropping off either side at this rate. We need more volume. We need something to cause more volume; it doesn't have to be a PR, but it's the most likely candidate for us breaking upward.

I feel sure that DTSL has at least a run in it somewhere (if not a steady climb, which would be even better). It would be nice if a run or climb started soon. It doesn't always work that way, and we might need to wait much longer, but I definitely have hope.

I also hope it wasn't; there really wasn't much new information at all.

I'm not sure a L2 shot will have much meaning when the volume's this low. It's not like we're going to knock off MMs at this rate. Not yet, anyway. We need a surge of interest - whether it's caused by a PR, or spread of word, or anything else.

The fact that the volume's keeping up and we're continuing on at 0.0003 is pretty great.

I disabled my account at stockcharts last month, so all I have access to is daily and weekly data and minimal indicators, but there's some great stuff:

10-day SMA crossed the 50-day SMA today. Very minor cross - needs a day's confirmation, probably - but that's nice to see. Stochastics are looking good, as of last week and continuing into this week. RSI's looking up, but could do better - no confirmation here yet, but stay tuned.

Plus the weekly's looking alright too. Accum/dist of soaring for weekly - well into uncharted territory for weekly (also getting up there in daily). The volume from last week looks gorgeous on the chart.

Nothing definitive yet, but it looks like even a small update or break could make this a powerful uptrend and an excellent run. Again, stay tuned to DTSL!

DTSL: still looking good in the buzz cloud!
http://investorshub.advfn.com/boards/tcloud.asp

You might have a hard time. There are probably a lot of people ahead of you trying to get their orders filled at 0.0002, and they'll get their turn before you. You, along with everybody else trying to buy at 0.0002, have to wait for other people who own shares to decide that they want to sell at 0.0002.

As these people start to sell off their investments, the orders will start to fill. Eventually, after everybody else who has a higher priority than you gets their orders filled, yours will start to get filled. Just as long as enough people sell at that price.

Every trade has both.

They're called a "sell", generally, if the seller took the active role in the transaction and the buyer took the passive role - which is to say the buyer was sitting on the offer/bid while the seller stooped down to it (selling at the bid). It's considered a buy if the roles are reversed - if the seller is waiting patiently on the ask for an active buyer to "slap the ask" and pay the full price.

That said it's not always as clear cut. The MMs can play small tricks, from what I've seen, to make buys look like sells and sells look like buys. To do so (again, from what I've seen) they'll accept a buyer's order at the ask (say 0.0003, here) and sell to them at a price between the ask and the bid (maybe 0.00025; they can go extra decimal places) thus forcing a buyer who wants to look active, and make his/her transaction a "buy", in fact look passive and state that the transaction was a sell.

That said, the main point is this: if it's a trade at the bid, generally it's called a sell; if it's a trade at the ask, generally it's called a buy. Regardless of what "buy" and "sell" mean in your lexicon, this is how the terms are generally used in trading.

Any time :)

The problem is that that is everybody's fear. If we all knew where the top was, then we would all sell right there (or just before) - however if everybody knew when to expect that, then who would buy at the top level, or even close to it?

The only way that this market can work is if most people are entirely unsure of where to expect top and bottom prices - otherwise nobody would buy from you when you want to sell, and nobody would sell to you when you want to buy. You have to go on your best judgement, just like everybody.

People who hope for 2x, 3x, etc. are actually hoping that it goes "at least high enough for double/triple/etc.". Meaning they oughtn't care if it goes higher, and oughtn't kick themselves if they see it ended up going 10x, 100x, etc. They got the profit that they sought at the risk level they were willing to accept.

That's a key point in economics, risk and reward are usually heavily related. Sometimes it's a better idea to dream a little smaller, sell out early and accept the reward given rather than continue to risk it all. This is why people like to sell part of their holdings after certain increases in price; they want to secure a certain amount of money (usually their initial investment, or some ratio of it)so that they don't have to worry about taking a loss. It's a way of minimizing risk.

So what I'm trying to say is that it's hard to know where the peak of the chart is, and that aiming for the peak will often turn out to be a bad idea. You'll usually lose more by trying to land right on the top. Most often it's best to find an exit point where you'll be happy with the investment; or otherwise to sell incrementally up the mountain (except this has added expense in brokerage fees). While selling at the perfect time, at the stock's peak, will likely give you a huge ROI, it's also very, very difficult to predict accurately.

And all that said: with DTSL I'm looking for at least $0.001 . Probably more, but I'll reassess when the time comes.

It's even better if you look at the weekly chart ;)
I generally feel like weekly charts are better forecasts for longs, which works out nicely here because both daily and weekly are gorgeous.

Poem, sorry for not responding to your private messages; I haven't bothered with a full subscription to the ihub forums yet (and I won't until I have a lot more time to spend on stocks) and so I'm not able to send private responses. If you want to chat in private, you can shoot me your email or whatever.

As for the stock you mentioned: if you got in pretty early I'd definitely take some profits off the table, but just how many shares you keep in that stock is really going to be up to your judgement. Certainly would be a good flip.

As for DTSL: nice to see some news, but I definitely think we'll get some better releases over the next couple months :) This one's going places.

Chart's looking pretty good.

I'm liking the way accumulation's recovering and RSI's increasing. I'm really looking forward to the way weekly chart looks this weekend: it's fantastic so far!