Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Manipulators want you to sell at 0007
They know $42 mil deal closing next week
Let them pay higher to get back in
Someone playing game here
They know what is coming here next week
Hold your precious shares strong
1000% explosion next week
Going as required by the timeline set in the binding Letter of intent which is by May 30
The definitive agreement will be signed next week most likely
I expect huge explosion over a penny upon the finalization news
Where did you get that info?
Read the below PR on 05/12
Further, on May 3rd and 4th, 2023, Bannix began its due diligence on EVIE Autonomous Automotive Ltd. (https://evieautonomous.com/) ("EVIE") as required by the timeline set in the binding Letter of Intent. Bannix' team, headed by CEO and co-Chairman Douglas Davis, met with the EVIE team headed by founder and CEO Steven Lake, in EVIE's headquarters in Stoke-on-Trent, UK, for a two-day session starting the due diligence process.
Both companies shared their preliminary due diligence information and put teams together to undertake completing the due diligence, definitive agreement, and proxy/prospectus steps necessary to de-SPAC and form a business combination. With a greater understanding of EVIE's corporate plans and its autonomous vehicle technology platform, including understanding how the motion detection technology (Apollo) to be acquired from GBT Technologies Inc. may enhance EVIE's solutions, both companies were excited to move forward toward the next phase, which is to enter into a definitive agreement.
Bannix' CEO Doug Davis and EVIE's founder Steven Lake gave the following mutual statement: "After two days of getting to know each other, and intense information exchange, both the Bannix and EVIE teams are excited to move forward together. On both a business combination execution level, and with the go-to-market knowledge of both teams, we feel that we have a winning combination to bring EVIE into the public markets and have the resources in striving for the goal to make a very successful business."
Steven Lake commented further: "EVIE was formed not only to bring the best autonomous vehicle technology to market affordably, but also with a commitment to provide environmental, social and quality-of-life improvements for all of mankind. We believe very seriously in these goals and are taking these steps to enhance the resources of the company to achieve them."
The Company expects to announce additional details regarding the proposed business combination when a definitive agreement is executed.
https://rollout.autoura.com/vehicles/evie-autonomous
GTCH will have 7% stake of this SPAC merger deal and the value will grow exponentially upon IPO
Do ppl think the current Pps $0.008 too much to buy and hold?
This is crazy Rick bottom pps for this most undervalued AI company
The definitive agreement will be signed during the next week most likely as 05/29 is Memorial holiday here
Keep an eye on sudden Pps explosion as insiders will buy out the whole float in advance
Good luck all
Read this article
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.
The LOI sets up a period during which Bannix will engage in due diligence beginning May 2 along with payments by EVIE to the SPAC. If a definitive agreement is not finalized by May 30 then the payments will end and presumably the LOI will peter out.
$42 mil SPAC deal closing anyday now
Huge explosion upon premkt news
7% stake holder of $542 mil merger deal
Some flippers have no idea at all
Ppl won’t sell knowing $42 mil deal closing is very close now
Flippers will pay higher price
Bannix Acquisition Signs Binding LOI to Complete $500M Merger with EVIE Autonomous Automotive
APRIL 21, 2023
1 MINUTE READ
Bannix Acquisition said today that it entered into a binding letter of intent to execute a definitive merger agreement with EVIE Autonomous Automotive. The target is a U.K.-based autonomous vehicle technology company acquired from Aim Technologies Group by British automotive entrepreneur Steven Lake.
The entire business combination transaction consideration will be paid with $500 million in Bannix securities by issuing 50 million new shares, according to an 8-K filed today. No cash consideration will be paid.
Under the LOI, EVIE is required to make a series of working capital payments totaling about $1.1 million to the SPAC as the deal moves forward.
Evie Autonomous makes driverless platforms with the goal of transforming logistics, public service and mass transit. The current Evie Pod has transported over 6.3 million people at London Heathrow Airport since 2010.
Concurrently with the EVIE Autonomous acquisition, Bannix said it will also acquire additional intellectual property owned by GBT Technologies for $42.5 million, according to the 8-K. GBT filed a patent application in 2021 for a machine learning driven technology that controls radio wave transmissions, analyzes their reflections data, and constructs 2D/3D images of stationary and moving objects.
Bannix raised $69 million in a September 2021 IPO, although the trust is now down to about $30.5 million following extension votes. Read more.
GTCH
Huge break out now
$42 mil merger deal closing news in a few days
Whales alert spotted here
wait for upcoming $42 mil Nasdaq SPAC merger deal in a few days
Once in a life time change
The next news is the closing of $42 mil spac deal this week or next week
This ticker belong to penny land
1000% explosion coming
Samsung, the world's No.2 contract chip manufacturer, announced its Taylor, Texas, plant in 2021. It aims to make advanced chips for functions such as artificial intelligence, 5G and mobile phones, and promises to create 2,000 high-tech jobs. Unlike some of its rivals, Samsung has already broken ground.
One of the sources told Reuters the company is rushing to finish the plant by 2024 so that it is producing chips by 2025, which would put the company ahead of a 2026 deadline to secure investment tax credits on tools for the factory.
Two of the sources said Samsung had already spent as much as half of the $17 billion initially projected for the Taylor site and noted that the company might eventually opt to build additional factories.
Patent means huge money now
Especially nano chip making process
BlackBerry's $170 million patent sale to Malikie Innovations is a masterclass in effective IP management. It underscores the potential of a well-honed IP strategy to unlock value far beyond the balance sheets, turning 'non-core' assets into a fruitful cash influx without disrupting core business operations. IP is not just a legal shield, it's a treasure chest waiting to be explored.
This patent consists main part of Omega chip correction system program
The paten approval is guaranteed to be given in the coming months
The company can negotiate with chip makers like Samsung or Tsmc now
This paten will be worth hundreds of millions
We are still waiting for $42 mil SPAC deal closing this week or next week
Super volcanic explosion here
Great news indeed
This patent is worth billion dollars
Huge deals with Samsung and TSMC and many chip makers on the way
Who is holding almost 1 billion restricted shares out of 3.9 billion OS shares?
Pps is ready to break out this week
2 huge news pending
I bet Omega system news is much bigger than $42 mil SPAC news bcs there are so many big chip makers begging for this kind of AI software
Slow and steady upward movement better
0008 almost gone now
Attacking 001 tmrw
I expect huge news on Wed
Bullish trend confirmed
I agree
Many traders will check this ticker tonight
more explosion coming this week and next week
The potential is humongous
Omega software program is targeting $260 billion dollars chip industry
CEO said Money follow intelligence
1 year high was $0.0189
I believe new high is coming very soon here
Super huge explosion happening here
It is amazing this 0009 stock dealing with Nasdaq merger company and Samsung
This is gonna explode humongous upon the news this week
Our time has finally come here
Yep! Chartmaster
It is about time
We will have great time this week and next week
Still $3.6 mil mktcap today
Long way to go
Let’s make 1000% profit here
Last day to buy under $0.001
This ticker belong to penny land
2 huge deal news will take this baby over a penny this week
Unbelievably cheap Pps right now
It won’t last any longer though
Mansour Khatib’s Post
View profile for Mansour Khatib
Mansour Khatib
CEO GBT Technologies Inc. (GTCH)
21h
There is a reason I am sharing this video .... read our PR next week
#EDA #electronicdesign #electronicdesignautomation #siemens #cadence #samsung #ibm #intel #intelectualproperty @apple Qualcomm #samsung #tsmc #ai #google #broadcom #microsoft #GTCH #patents #pr
https://lnkd.in/gqyWXJs5
OMEGA microchip correction system | Machine learning driven software program
OMEGA microchip correction system | Machine learning driven software program
gbtti.com
$42 mil SPAC LOI news took this baby over $0.002 month ago
What will happen upon the definitive agreement news?
How about another huge Omega chip correction AI system news this week as per CEO
Samsung and TSMC need this kind of AI program desperately
Just beginning of penny land journey
The longer you wait
The more expensive price you pay
MM collected enough cheap shares and letting Pps go higher fast and furious
Pps could explode over $0.005 this week or next week
2 amazing news pending this week
1000% runner in the making
Omega system program news would be bigger than $42 mil SPAC Nasdaq deal this week
This ticker deserve to be trading in penny land
The anticipation will drive Pps higher higher whole week
I said trip will be gone today or tmrw
Looking forward to Omega system news on Wed and $42 mil SPAC deal news anyday until next Friday
Still $3.2 mil mktcap
Long way to journey into penny land
Good luck all
I think Avant deal $30 mil with Tren could be reflected in last Q balance sheet
Bcs the deal was signed last March
It could be big news about Omega software and $42 mil SPAC deal this week
1000% explosion coming here
Trip will be wiped out today
expecting 2 huge news pending
Omega software system is worth billion dollars for chip making industry
That is what I am talking about
Pps is at bottom 0006 and mkt cap at $2.4 mil
Big deals being signed this year after struggling past few years
CEO said confidently Money follow intelligence
This is the year for $100 mil revenue finally
I am pretty sure Omega software program will be worth a couple of $100 mil dollars
Huge PR about new AI nano chip design correction system Omega is coming this coming week as per CEO
He is saying Omega will be revolutionary
AI correction system for chip makers saving time and accuracy
$42 mil SPAC deal will be closing anyday
before the end of May
We could see penny land before the end of this month
Huge deals being signed here
Buy all you can on Monday morning
1000% explosion happening this coming weeks
It’s a whole world of difference. This technology revolutionizes today’s IC’s design process, enabling much faster, better and smaller design of microchips within the advanced nanometer nodes. With savings in shorter times to market design cycles, omega creates new horizons for the next generation of integrated circuits.
Nothing can stop this revolutionary AI program worth billion dollars for chip makers all over the world
Samsung and Tsmc need this kind of AI program for nano chip making process
Everyone know about this old filing last year
Not effectuated as of now and will be cancelled before the end of this year
It will not be necessary after $42 mil deal closing and more huge deals
hope the omega news announced Tue or Wed and $42 mil spac closing news next week
Super volcanic explosion
Many traders will get back in here in anticipation of 2 huge news pending
This is ready to break out huge this week
Good luck
BlackBerry's $170 million patent sale to Malikie Innovations is a masterclass in effective IP management. It underscores the potential of a well-honed IP strategy to unlock value far beyond the balance sheets, turning 'non-core' assets into a fruitful cash influx without disrupting core business operations. IP is not just a legal shield, it's a treasure chest waiting to be explored.
If I am CEO of Samsung
I would buy out this Omega software system with patent instead of paying license fee
Any company who have this system will be in better position to advance making nano chip faster and more accurate which is the vital part of competitive industry
How much would it be worth?