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PSRHF I THINK THEY STILL HAVE A LONG WAY TO GO,,, UP AND DOWN ON THE SP AND THEN THERE WILL BE DILUSION FOR FINANCIMG,,, AN ENTRY AT .30-.40 FOR ME,,,, NEED MORE INFO ON THEM AND TIME ,,,GOT COUCHT IN ARGYF THAT SAME WAY,,,,,, GOOD BONES TO THE COMPANY AND BRIGHT FUTURE JUST JUMPED IN TO EARLY ,,,,, THEY HADE THE RIGHT PR'S AND MANY ON ENTRY POINT ARGYF ...NOW NOT SO,,, ROYAL FOR SURE A HOLD AND STACK,,,
GTCH MRMEYERS,,,,,, CLUSTER YES,,,IF THEY WERE TO GET ''ATTENTION'' for a buy out it would be huge !!! the patents are there,,most under danny rittman/ tokenize ,,,not sure who is the genius,,,danny rittman,,aliza schnapp ,,, or moshe schapp aka '''mo jacobs,,, it is a big circle some day some one will write a book on if you do enough research you would inderstand,,, GLTA
gtch hawk you covered most of the bases,,, ,,,, DOUG GOT IN WITH THE TIES SOME HOW NOT SURE ,,, BITSPEED ? BUISNESS DEALING PRIOR TO GBT,,, BACK TO GOPHER PROTOCOL DAYS,,,,,, MANSOUR fell in that way to his company YELLOW PARTNERS , CONSULTING ,,,I THINK 2015-2016 look it up 8k MURRY WAS HERE TO BUT RESIGNED TO WORK WITH TOKENIZE ,, HE WAS NEEDED MORE THERE ,,,, Doug Davis actualy left gbt technologies as well to devote his time to tokenize,,,......Presently, Douglas L Davis
holds the position of Co-Chairman & Chief Executive Officer at Bannix Acquisition Corp.
Mr. Davis is also Managing Partner at CoBuilder, Inc. and Manager of Instant Fame LLC.
In his past career Mr. Davis held the position of Chief Executive Officer at GBT Technologies, Inc , Bitspeed's Founder,& CEO is Douglas Davis. . and Chief Executive Officer of Bitspeed LLC. Mr. Davis received an undergraduate degree from Stanford University and an MBA from UCLA Anderson School of Management. """"""""" On April 11, 2020, Douglas Davis resigned as Chief Executive Officer of GBT Technologies Inc. (the "Company") so that he may fully devote all of his efforts to GBT Tokenize Corp., the Company's joint venture, which intends to develop a new product. Mr. Davis' resignation was not the result of any disagreements with management or board of directors of the Company.
.....,,hmmm thats who owns the patent for the apollo,,,, TOKENIZE along with gbt tech,,, so why would you buy your own patent ,,,lol INSTANT FAME Instant Fame LLC (“Instant”)
Instant is organized under the laws of the State of Nevada. Douglas Davis, CEO and Co-Chairman of the Issuer, and '''''Roey Benjamin Schnapp''' are managers of INSTANT FAME Instant. the sponsor that got doug davis the ceo job at bannix,,,,INSTANT FAME ,trade mark #97426655 filed on 2022-05-24 applicant name DANNY RITTMAN and MO JACOB,, THEY HOLD THE TRADE MARK TO THE COMPANY WHO SPONSERED BANNIX ,,, DANNY RITTMAN is now over at TREND/AVANT TECHNOLOGIES,,,, TREND changed the name to AVANT TECHNOLOGIES after they aquired ANANT! AI from gbt technologies/gbt tokenize,,
Trend inovation holdings purchases Avant! AI™ machine learning technology to empower InstantFAME™. The global natural language processing (NLP) ma
InstantFAME™ Is an APP in the Digital Artwork Marketplace ............InstantFAME ..Serial Number 97434385 Filing Date2022-05-30 applicant name DANNY RITTMAN AND ,MO JACOB DANNY RITTMAN
Danny Rittman
Director & Chief Technology Officer, GBT Technologies, Inc.
Founder of Micrologic Design Automation, Inc. and BindKey Technologies, Inc., Danny Rittman currently occupies the position of Director & Chief Technology Officer at GBT Technologies, Inc. Dr. Rittman is also Chief Information Security Officer of Avant Technologies, Inc.
In the past Dr. Rittman was Chief Technology Officer of Micrologic Design Automation, Inc., Principal at Advanced Micro Devices, Inc., Principal at Intel Corp. and Vice President-Research & Development of BindKey Technologies, Inc.
He received an undergraduate degree from the University of Bridgeport, a doctorate and a graduate degree from LaSalle University and a graduate degree from the University of California, Berkeley.
GTCH BUCKS ,,, 100% TIME IS COMING..................
GTCH STOCK GUY ,,, PUTTING THE ANSWER TOGETHER FOR YOU NOW,,, GOING TO TAKE ALITTLE BIT TO GET ALL THE INFO BUT WILL ANSWER SOME QUESTIONS ,,WHY BANNIX WAS CHOSEN,,,, GIVE ME A COUPLE HOURS AND I SHOULD HAVE ALL TOGETHER,,, AND SORRY FOR NOT POSTIING DURRING THE DAY ,,,NO SERVICE WHERE I WAS AT
GTCH MAX JUST WANTED TO CLARIFY YOUR EARLIER POST THIS E-MAIL WAS SENT TO RIPDOG NOT ME AS YOU SPECIFIED , IF YOU LOOK UP THE ORIGINAL POST # 15859 DATED 4/26/23 YOU WILL SEE RIPDOG ORIGANLY POSTED ,,, I REPOSTED ON 6/26/23 POST #18029 ALSO IF YOU READ IT,, MANSOUR HAD NO REPLY TO REVERSE SPLIT WHEN ASKED,,SIMPLY IF GOOD OR BAD THEY FILE EVERYTHING THROUGH SEC. ,,NO MENTION THAT HE HAD NO KNOLEDGE OF,,, LETS NOT CONFUSE THE INFO I POST,,,, IF YOU TAKE THE TIME TO READ WHAT I POST I TRY TO POST ALL THE FACTS,, NOT TRYING TO MISLEAD ANYONE HERE ,,, WE SHARE HOLDERS ALL HAVE THE SAME INTEREST HERE,, I WILL POST THE BAD AS WELL,,,, I AM AND HAVE BEEN INVESTED HERE WITH MY BELEIF THIS COMPANY HAS SOMETHING TO REWARD THE SHARE HOLDERS AT SOME POINT PROBABLY LATER THAN SOONER IT SEEMS,,, THE DAY WILL COME !! GLTA
GTCH IN REPLY TO REVERSE SPLIT GBT TECHNOLOGIES--- --- FORM DEF 14C FILED ON 7/21/2022 BELOW FIND I PART OF INSERTION TO FORM 14C FILED ON 7/21/22 ######### FEEL FREE TO LOOK UP WHOLE 14C FILING######
NOTICE OF ACTIONS TO BE TAKEN PURSUANT TO THE WRITTEN CONSENT OF STOCKHOLDERS HOLDING A MAJORITY OF THE VOTING SHARES OF THE COMPANY IN LIEU OF A SPECIAL MEETING OF THE STOCKHOLDERS, DATED JUNE 28, 2022
To Our Stockholders:
NOTICE IS HEREBY GIVEN that the following actions will be taken pursuant to a written consent of stockholders holding a majority of the issued and outstanding voting shares of the Company dated June 28, 2022, in lieu of a special meeting of the stockholders. Such actions will be taken on or about August 11, 2022
? To amend the Company’s Articles of Incorporation, (the “Articles of Incorporation”) to increase the number of authorized shares of common stock, par value $0.00001 per share (the “Common Stock”), of the Company from 2,000,000,000 shares to 10,000,000,000 shares.
? (i) authorize the Company’s Board of Directors to effect, in its sole discretion, a reverse stock split of the Common Stock in a ratio of up to 1-for-500 (the “Reverse Stock Split”), and (ii) authorize the filing of an amendment to the Company’s Articles of Incorporation to implement the Reverse Stock Split and any other action deemed necessary to effectuate the Reverse Stock Split, without further approval or authorization of stockholders, at any time prior to December 31, 2023.
gtch ,,,, max yes there has been reverse split,,, 2021 ,, i was here ,,as for a letter stating he ''mansour'' not aware of split in 2023 not sure about that ? there was a proposed stock split wrote in a prior 8k i beleive weather it be from 2021 or 2022 it was stated that there was no aproval needed to impliment a reverse split if needed ,,, ,,i beleive the dead line was december 31 2023 to impliment it,,,, i will find tonight to satisfy this post ,,, now looking at the trade what was misleading ?
GTCH FRESH GBT POST FACEBOOK ,, GBT TAGGED ON THE BOTTOM,,,, what is the connection for them to post ?? GBT Technologies
·
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gtch bucks,,,, they are working on that ,,,,,let me find it
gtch hope this explains some of the problem'' how shares are traded much lower than the public can purchase for
DARK POOL'''
From Wikipedia, the free encyclopedia
'In finance, a dark pool (also black pool) is a private forum (alternative trading system or ATS) for trading securities, derivatives, and other financial instruments.[1] Liquidity on these markets is called dark pool liquidity.[2] The bulk of dark pool trades represent large trades by financial institutions that are offered away from public exchanges like the New York Stock Exchange and the NASDAQ, so that such trades remain confidential and outside the purview of the general investing public. The fragmentation of electronic trading platforms has allowed dark pools to be created, and they are normally accessed through crossing networks or directly among market participants via private contractual arrangements. Generally, dark pools are not available to the public, but in some cases, they may be accessed indirectly by retail investors and traders via retail brokers.
One of the main advantages for institutional investors in using dark pools is for buying or selling large blocks of securities without showing their hand to others and thus avoiding market impact, as neither the size of the trade nor the identity are revealed until some time after the trade is filled. However, it also means that some market participants—retail investors—are disadvantaged, since they cannot see the orders before they are executed. Prices are agreed upon by participants in the dark pools, so the market is no longer transparent.[3]
Dark pools are heavily used in high-frequency trading, which has also led to a conflict of interest for those operating dark pools due to payment for order flow and priority access. High frequency traders may obtain information from placing orders in one dark pool that can be used on other exchanges or dark pools.[4] Depending on the precise way in which a "dark" pool operates and interacts with other venues, it may be considered, and indeed referred to by some vendors, as a "grey" pool.[5]
These systems and strategies typically seek liquidity among open and closed trading venues, such as other alternative trading systems. Dark pools have grown in importance since 2007, with dozens of different pools garnering a substantial portion of U.S. equity trading.[6] Dark pools are of various types and can execute trades in multiple ways, such as through negotiation or automatically (e.g., midpoint crosses, staggered crosses, VWAP, etc.), throughout the day or at scheduled times.[6]
gtch in reply to trades below .0001 mm's get the shares for an agreed price ,,,past post i put up not sure of here or other site ,,,looking now
gtch ,,, i dont think a r/s is in the works,,,, they canceled the one they anounced and a form would have to be reissued in order to do that or they whould have illegialy deceived the share holders ,,, totaly specualative on my part but i dont think legaly they can,,,,could i bewrong ?
GTCH ,,,, NOT GBT TECH GETTING COLD FEET,,, I BELEIIVE EVIE GOT THE COLD FEET AFTER ALL THE EXTENSIONS,,,, MR STEVE LAKE A SMART GUY,,, HE CAN FIND ANOTHER WAY TO BRING HIS PRODUCT TO MARKET WITHOUT THE HELP OF DOUG DAVIS,,, STEVE LAKE SRARTED SEVERAL COMPANIES AND HAS BOUGHT SOME OUT AS WELL
GTCH BANNIX ASKED FOR LOAN WHY ? EVIE REFUSED TO LOAN OR PROCURE A LOAN EITHER TO OR FOR BANNIX ,,,, HMMMMMM MAYBE MR STEVE LAKE CAME TO REALITY AFTER OVER A YEAR THAT THE DEAL WAS BULL SHIT AND WOULD NEVER CONSUMATED,,,STEVE LAKE A YOUNG SMART ENTREPRENEUR,,, IF YOU LOOK UP WHEN THIS PROCESS ACTUALY STARTED IT WAS IN 2022 WHEN YOU LOOK AT FILINGS,, MAYBE NOVEMBER OFF HAND ,,, DONT HOLD ME TO IT,,,,
Section 7.1(b) of the Business Combination Agreement provides that Bannix may terminate the Business Combination Agreement and abandon the acquisition of EVIE Group by Bannix in the event EVIE Group or the EVIE Group Shareholder has failed to perform any condition or agreement on the part of EVIE Group or EVIE Group Shareholder set forth in the Business Combination Agreement. Specifically, Section 5.21 of the Business Combination Agreement requires that if requested in writing by Bannix, EVIE Group shall loan, or procure a loan to Bannix such additional sums as Bannix may reasonably require
On March 11, 2024, Bannix sent EVIE Group and the EVIE Group Shareholder a notice providing that the Business Combination Agreement has been terminated as a result of the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix as required pursuant to Section 5.21 of the Business Combination Agreement. An initial notice was sent by Bannix to EVIE Group and the EVIE Group Shareholder on January 12, 2024, and on February 22, 2024, which was subsequently withdrawn to resolve the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix.
The Company is not obligated to pay any penalties pursuant to the terms of the Business Combination Agreement as a result of the termination. The Sponsor Letter Agreement entered between Bannix, Instant Fame LLC and EVIE Group dated August 7, 2023 and the Transaction Support Agreement between Bannix and the EVIE Group Shareholder dated August 7, 2023 automatically terminated as a result of the termination of the Business Combination Agreement.
GTCH Section 7.1(b) of the Business Combination Agreement provides that Bannix may terminate the Business Combination Agreement and abandon the acquisition of EVIE Group by Bannix in the event EVIE Group or the EVIE Group Shareholder has failed to perform any condition or agreement on the part of EVIE Group or EVIE Group Shareholder set forth in the Business Combination Agreement. Specifically, Section 5.21 of the Business Combination Agreement requires that if requested in writing by Bannix, EVIE Group shall loan, or procure a loan to Bannix such additional sums as Bannix may reasonably require.
On March 11, 2024, Bannix sent EVIE Group and the EVIE Group Shareholder a notice providing that the Business Combination Agreement has been terminated as a result of the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix as required pursuant to Section 5.21 of the Business Combination Agreement. An initial notice was sent by Bannix to EVIE Group and the EVIE Group Shareholder on January 12, 2024, and on February 22, 2024, which was subsequently withdrawn to resolve the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix.
The Company is not obligated to pay any penalties pursuant to the terms of the Business Combination Agreement as a result of the termination. The Sponsor Letter Agreement entered between Bannix, Instant Fame LLC and EVIE Group dated August 7, 2023 and the Transaction Support Agreement between Bannix and the EVIE Group Shareholder dated August 7, 2023 automatically terminated as a result of the termination of the Business Combination Agreement.
GTCH BANNIX DEAL WAS PREFERED SHARES FOR GBT/TOKENIZE,,,,
gtch AGREED SAME ON THE BANNIX DEAL,,,, IT WAS BAD FROM THE BEGINNING ,, THE PRICE WOULD HAVE BEEN FAIR IF YOU ADDED 2 ZEROS ON THE END LIKE 4.250,000.000 THEN IT WOULD HAVE BEEN LEVEL PLAYING FIELD AND WITH INFLATION IT WOULD HAVE BEEN COMPARABLE TO THE 2016 DEAL WITH BMW,DALMHER AND AUDI THAT WAS 3.1 BILLION IMO
rnva diggitydog,,,,,,,,,,,,,,,,,,,,,,,,yes i do have shares in this stock so not trash talking just trying to make it thru to closing
rRNVA diggydog ,,,,, sad yes,,depressing yes hurting the pocket yes,,,, the possitive is if it doesn't delist it cant go any lower ,,,just trying to bring some humor to another down day
GTCH ,,,'''''',to old to live'''''' GO BACK TO YOUR QUAD 1'S OR CHASE THAT 1 GREEN YOU GOT IN THE BASKET,,,, JUST HAVE TO READ A FEW POSTS OF YOURS AND KNOW WHY YOU ARE HERE,,, THANKS AND MOVE ON
GTCH MR MYERS ,,,, BEEN FOLLOWING LONGER THAN POSTING,,, MY THOUGHTS EXACTLY ON THE CHIP PATENTS,,,, 100% MY THOUGHT WHERE THE MONEY IS AT ,,,,,, SCAN BACK THROUGH MY POSTS AND HAVE THOUGHT THAT SINCE THE START,,, APOLLO IS A STRONG PATENT FOR THE ATONAMOUS FIELD AND IT OFFERS MOrE THAN JUST THAT,,,,THE AVANT! AI IS ANOTHER PROJECT THAT SHOULD BE INVALUABLE THEY HAVE YEARS IN ON THAT,, I BELEIVE DANNY RITTMAN WAS WORKING ON SIMILAR AI WITH INTEL WATTS 2015? CANT REMBER OFF THE TOP OF MY HEAD BUT ILL FIND IT ,,,
BUT THE BIGGEST AND HOTTEST SECTOR TO BE ENTERING INTO RIGHT NOW IS SEMICONDUCTORS ,,, MANUFACTURING,,,PACKAGING ,,, THATS THE PATENT THEY SOLIDIFIED BY PATENTING IN SOUTH KOREA FACT SOUTH KOREA SEMICONDUCTORS
south korea investing 450 billion into semiconductors
t heese posts are 1-2 years old,,just grabbed some quick info for for refrence
currently 8% of the worlds most advanced semiconductor manufacturing caapicity -in nodes below 10 nanometers is located in south korea and taiwan 92%
i beleive i recall gbt being able tho correct the process in manufacturing down to 2 nanometers,,, so very advanced !!
Semiconductors (chips) are South Korea’s largest export item, accounting for 18.9 percent of the country’s total exports in 2022. Analysts predict that global demand for chips relating to new IT devices, and innovative services like artificial intelligence (AI) and cloud computing, will lead to continued growth over the next few years.
South Korea is the leader in the memory chip fabrication, with Samsung Electronics and SK Hynix accounting for 73 percent of the global DRAM market share and 51 percent of the NAND flash market. However, for other types of semiconductor products such as microprocessors and sensors, South Korean companies are relying upon a variety of government led national development plans to bolster the industry.
There is a significant market for U.S. suppliers of equipment, materials, and services for semiconductor fabrication in South Korea. In a recent survey by SEMI, South Korean companies purchased $22 billion of semiconductor equipment representing 20 percent of the global semiconductor equipment market in 2022. South Korea also imports a significant amount of semiconductor materials from the United States and Japan.
bucks,,,, bnix 8k filed this morning
GTCH Mr Myers heavy deacculiation but still sitting at same market cap we sat at forever,,, the 42.5 mil deal was equivilant to a 50/50 between tokenize as well so who ever was planning on big gains of 21.25 mil deal isn't seeing the big picture of the value here ,,, i will say no update from BANNIX,,,, EVIE,,STEVE LAKE,,GBT TECHNOLOGIES is a big disapointment and not a very good strategy to keep the share structure intact imo,,, just my opinions buy and sell at your own risk
GTCH BUCKS 100% AGAIN YOU NAILED IT !!! PATENTS,,,PATENTS AND MORE PATENTS ,, BEEN SAYING DIRTY DEAL AND SMOKE SCREEN SINCE THIS DEAL WAS ON PAPER,,,, A FAVOR OF SOME SORT POSSIBLY,,, LOOK AT THE DEAL I POSTED ,,DAHMLER,BMW,AUDI OVER 3.1 BILLION 6-7 YEARS AGO,,,,, IF ANYONE THOUGHT THE BANNIX DEAL WAS FAIR EVEN IF JUST TO KEEP FUNDING GBT PROJECTS TILL ''THE TIME COMES''' YOU SHOULD DO DUE DILLIGANCE ,,,, WHAT GBT HAS IN PATENTS IS WORTH BILLIONS AND BILLIONS IF THEY CAN PROVE ITS AUTHENTICITY,,, PATENTS HAVE BEEN APPROVED ,,I DON'T KNOW THE PROCESS HOW THEY SHOW IT IS LEGIT TO THE PATENT OFFICES IN THE US OR KOREA BUT PATENTS HAVE BEEN GRANTED,,,,,, IF THEY DIDN'T WORK I AM SURE INTEL, IBM,QUALQUAM,,APPLE OR ANY OF THE OTHER BIG COMPANIES WOULD HAVE CALLED THEM OUT,,,MANSOUR TAGS SOME OF THEESE COMPANIES IN HIS POSTS FOR A REASON,,,,,,, REMBER DANNY RITTMAN ,, HE WORKED FOR HALF THE COMPANIES I LISTED ABOVE NO ADVISE GIVEN BUY AND SELL AT YOUR OWN RISK GLTA
GTCH no benifit to gbt technologies/gbt tokenize until the deal was consumated between Bannix and EVIE ,,,,,
1B WOW
gtch ,,,,, i think if buy out is in the works best possible thing that could have happen,,,,bannix wanted 6 patents total from the patent rights to the trade mark ,,, fi beleive in that suite af patents there were 8 total ,,,, read back thru some of the dd,,, the apollo is capiable of being adapted to ANY VEHICLE so lets say any americian made vehicle to start but beyond that how about any korean made vehicle with semiconductors patented by gbt in korea ??? there is a reason that they made sure a semiconductor patent was patented in korea to cover themselves theese are only my opinions buy and sell at your own risk i will still accumilate GLTA
gtch................ that would most definatly explain the freeze of trade on bannix ,,,IMO,,, i had a theory ,,,just my opinion all along this was a shitty bogus deal and way undervalued for what gbt was offering on their end,, smoke screen,,, i hope i am right and as a few speculate in their opinion there will be a buy out,,, that was the intention MANSOUR said some time ago once portfolio was built and all the back doors were secured ,,, ill try to find the post,,,
GTCH BANNIX UPDATE 8K EVIE DEAL TERMINATED ,,,EVIE FAILURE TO PROVIDE BANNIX WITH LOAN ,,,,,,HMMMMM SO BEEN A THEORY OF MINE IT WAS A SMOKE SCREEN FOR BIGGER AND BETTER THING'S TO COME.....................UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
March 11, 2024
Date of Report (Date of earliest event reported)
Bannix Acquisition Corp.
(Exact Name of Registrant as Specified in its Charter)
Delaware 1-40790 86-1626016
(State or other jurisdiction
of incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
1063 North Spaulding
West Hollywood, CA 90046
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (323) 682-8949
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
? Written communications pursuant to Rule 425 under the Securities Act
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, par value $0.01 per share BNIX The Nasdaq Stock Market LLC
Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 BNIXW The Nasdaq Stock Market LLC
One Right to receive 1/10th of one share of Common Stock BNIXR The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ?
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ?
Item 1.02 Termination of Material Definitive Agreement.
As previously disclosed, on June 23, 2023, Bannix Acquisition Corp. (“Bannix”), EVIE Autonomous Group Ltd. (“EVIE Group”) and the shareholder of the EVIE Group (“EVIE Group Shareholder”), entered into a Business Combination Agreement (the “Business Combination Agreement”), which provided for the acquisition by Bannix of all of the issued and outstanding share capital of EVIE Group from the EVIE Group Shareholder in exchange for the issuance of 85,000,000 shares of common stock of Bannix, $0.01 par value per share, pursuant to which EVIE Group will become a direct wholly owned subsidiary of Bannix.
Section 7.1(b) of the Business Combination Agreement provides that Bannix may terminate the Business Combination Agreement and abandon the acquisition of EVIE Group by Bannix in the event EVIE Group or the EVIE Group Shareholder has failed to perform any condition or agreement on the part of EVIE Group or EVIE Group Shareholder set forth in the Business Combination Agreement. Specifically, Section 5.21 of the Business Combination Agreement requires that if requested in writing by Bannix, EVIE Group shall loan, or procure a loan to Bannix such additional sums as Bannix may reasonably require.
On March 11, 2024, Bannix sent EVIE Group and the EVIE Group Shareholder a notice providing that the Business Combination Agreement has been terminated as a result of the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix as required pursuant to Section 5.21 of the Business Combination Agreement. An initial notice was sent by Bannix to EVIE Group and the EVIE Group Shareholder on January 12, 2024, and on February 22, 2024, which was subsequently withdrawn to resolve the failure of EVIE Group and the EVIE Group Shareholder to loan or procure a loan to Bannix.
The Company is not obligated to pay any penalties pursuant to the terms of the Business Combination Agreement as a result of the termination. The Sponsor Letter Agreement entered between Bannix, Instant Fame LLC and EVIE Group dated August 7, 2023 and the Transaction Support Agreement between Bannix and the EVIE Group Shareholder dated August 7, 2023 automatically terminated as a result of the termination of the Business Combination Agreement.
Forward-Looking Statements
This Current Report on Form 8-K, exhibits hereto and information incorporated by reference herein, contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the proposed Business Combination. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, subject to applicable law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 12, 2024
BANNIX ACQUISITION CORP.
By: /s/ Douglas Davis
Name: Douglas Davis
Title: Chief Executive Officer
CBIA .................. that is all good but did i miss something ? thought there was talk of partner/merger/aqusition with a company that had .09 pps ? didn't see any of that there unless i missed it ? lets see what happens at the bell i guess ? LOL,,just like every other stock i have latley,,,to many questions GLTA
GTCH patents seem to be legit,, you can look them up under patnet search,,,, i dont think imo that they would be granted and continued patents issued if they were not proven to work ? they have been working on theese for years,,,and even wemt as far to have a patent in korea,,, why ? they must have something that when finaly introduced will definatly ROCK THE BOAT !! theese are my opinions buy and sell at your own risk GLTA
# 11 most read,,drawing attention as we speak
CBIA ,,,, MAYBE WE HAVE THIS CONVERSATION TOMORROW NITE IF YOU ARE STILL AROUND
CBIA IS THIS THE PEPSI HYPE FROM SEPTEMBER ??????? MARKET SCREENER
Canopus Biopharma Follows PepsiCo Distributor Deal With Securing A $1 Million Venture Capital Investment ($CBIA)
September 21, 2023 at 09:27 am EDT
Share
Canopus Biopharma Inc. (OTC PINK: CBIA) dba Blue Heaven Coffee Inc. (BHC) is changing the unattended retail sector landscape. And based on its announcement Wednesday, there are a million more reasons to appreciate what they're doing, including in dollar terms. Specifically, CBIA announced receiving a $1,000,000 venture capital investment from a private New York-based office, intended to accelerate CBIA's (BHC) expansion efforts and secure its place as the leader in providing AI-empowered unattended retail services (vending) in Canada.
That mission is in progress. And the initial tranche of $350,000 already provided can do plenty to expedite BHC initiatives to deliver AI-empowered, on-the-go, touchless vending solutions to more consumers across Canada. In fact, the capital is earmarked primarily for that purpose, positioning the company better than ever to grow its services footprint and intensify its presence in existing markets. In other words, CBIA (BHC) is shifting from fast growth to hyper, resulting from faster-than-expected penetration into new markets and sectors. Its goal is ambitious: leverage its financing collaboration to provide premium unattended retail solutions within arm's reach of consumers everywhere.
Investors are taking notice. CBIA shares are trading over 63% higher on the news. Still, their price is bargain basement at an astoundingly low $0.0018, off its 52-week high of $0.22 by over 99%. Ironically, CBIA is better positioned today than when it scored that high. Thus, the spark on Wednesday may ignite a more significant rally fuse, lit by growing bullish sentiment that is more likely than not to send shares higher. Many think appreciably so. (*share price of $0.0018, Yahoo! Finance, 9:59 AM EST)
Supporting The CBIA Bullish Proposition
That's not an overly ambitious presumption. It might be if CBIA wasn't a game-changer in its sector. That's not the case; CBIA is. Moreover, they are proving they have what it takes to succeed in a global economy where trillions of dollars are spent daily through automated, unattended vending machines. In fact, since changing its business focus to operate as Blue Heaven Coffee, Inc., the company has made significant strides to create considerable and sustainable intrinsic shareholder value. That's accrued from what they own.
The more significant value driver attracting investor attention is the inherent revenue-generating potential from those assets. And it should, considering that CBIA is already leveraging the value from its Blue Heaven Cafe's retail sales as well as from its fleet of digital, automated, retail-focused advertising solutions. The latter are not more of the same. CBIA products, devices, and technology differences have advantages, with the most significant being connected and managed via a single platform, enabling cutting-edge access to programmatic advertising revenue.
That connectivity is the "secret sauce" in the value proposition because it allows CBIA to offer its clients things that its competitors aren't, an opportunity to profit share by facilitating their tapping into the emerging and lucrative world of programmatic marketing revenue, scored from next-generation capabilities that provide value beyond the basic framework of unattended retail. That's what likely led one of the world's largest companies to put trust in CBIA.
Programmatic Marketing Takes Vending To A New Level
CBIA announced this month its distributor partnership beverage agreement with the world-renowned PepsiCo (NYSE: PEP) beverage company, establishing CBIA/BHC as the exclusive cold-beverage provider for BHC's unattended retail platforms across the company's North American footprint. It's an agreement already contributing to CBIA's growth, enhanced by PepsiCo providing $250,000 in deployed unattended retail equipment, customized vendor pricing, national equipment repair support, and a unique vendor rebate program. That's not all. BHC gets the power of PepsiCo's brand recognition to help drive revenues, with the PepsiCo equipment brandishing the well-recognized logo and offering its most popular beverage brands, including Pepsi, Gatorade, Mountain Dew, Lipton, Starbucks Cold Brew, and Bubbly prominently accessible throughout North America.
The agreement certainly is worthy of investor attention. It also supports a re-appraisal of CBIA stock, factoring in the trust PEP gives CBIA/BHC and the value from a collaboration intending to maximize BHC's proficiency in unattended and attended retail solutions. Thus, while the deal is a milestone reached, it could soon become a catalyst for near and long-term growth. CEO Justin De Four thinks so, saying, "Our unique collaboration with PepsiCo was a monumental step for BHC as we amplify our influence and potential in the Canadian sector." He added, "In synergy, we have always aimed to blend the strength of their brand and our technological advancements to craft seamless, sustainable consumer experiences. These will emphasize reduced human engagement, constant availability, uniformity, ease, and modernity."
From a value perspective, it makes sense for investors to assume that working with PEP will expedite the mutual objective to unearth new growth pathways and penetrate emerging markets. For BHC specifically, it can accelerate CBIA's expanding its business footprint into multiple new markets, supported and fueled by the brand and marketing muscle of a global food and beverage powerhouse that can facilitate making CBIA/BHC the trusted name in automated retail. Other updates support the CBIA value proposition. More importantly, they expose why CBIA may be a products and technology company not to be ignored.
Maximizing Value From Its Revolutionizing Touchless Vending
Last month, CBIA unveiled the details of its innovative fleet of touchless and traditional vending machines strategically positioned in high-traffic, high-impact locations across North America. Earning those spaces is no coincidence. Since its inception, BHC has innovated unattended and attended retail solutions, revolutionizing the customer experience through its extensive network of custom-engineered touchless vending machines, smart kitchens, micro markets, workplace coffee services, and digital water coolers. They do so by integrating the power of AI.
That integration isn't a small inclusion to ride the coattails of the booming AI sector. BHC's touchless vending machines invariably rely on AI to elevate the user experience through an innovative user interface and automated programmatic ad scheduling capabilities. This unique feature provides media owners unparalleled control over creative content timing, management, and monetization of their digital signage. In other words, by leveraging real-time buying and selling of ad inventory, advertisers can strategically target their audiences with unprecedented speed and efficiency. Having that real-time data to drive better advertising decisions is an advertiser's dream, potentially saving them millions from ineffective, non-targeted advertising.
Keeping its message in front of consumers when they want it is just one advantage. Others inherent to programmatic advertising, powered by CBIA's cutting-edge technologies, offer real-time bidding, data-driven targeting, cross-device targeting, and ad optimization through machine learning. Advertisers also get AI-assisted data analytics that enhances precision and efficiency in reaching the desired audience. More directly said, advertisers can switch gears instantly, advertising their products to a football-following demographic one minute and changing to speak to a health-conscious audience the next. From an advertiser's perspective, it's a powerful, useful technology. And from CBIA's (BHC) perspective, it's a potentially massive value driver.
AI-Empowered Vending Solutions Fuel BHC's Growth
That sentiment is warranted. BHC's versatile cold beverage and snack combo touchless vending machines are retail game changers, leveraging optical sensor technology to adapt to consumer behavior and demographics, delivering unparalleled insights into shopper preferences. Able to instantly change messaging, BHC's sophisticated technology facilitates full-screen video advertisements, product animations, combo deals, and QR code-based product recommendations. Results-driven, BHC designed its technology to enhance a user-centered experience with an appealing touchscreen interface that instantly engages customers with desired products. Their speed, convenience, and instant product delivery make them ideally suited for high-traffic areas. And not just related to cold beverages.
Coffee enthusiasts can enjoy the catered benefits of BHC's round-the-clock, unattended coffee shop experience through its advanced hot beverage vending machines at its Blue Heaven Cafe'. These feature an intuitive, self-service touchscreen interface and an extensive drink menu, including drip coffee, cappuccinos, espressos, cafe mochas, hot chocolates, tea, and other on-the-go beverages. Select locations even offer premium Jamaican Blue Mountain Coffee, emphasizing BHC's dedication to delivering a superior coffee experience. This is no Casey's General Store (NASDAQ: CASY) drip coffee. While Casey's is good, BHC's is great. That results from BHC using a unique brewing and filtering system that ensures precise ingredient controls for consistent taste, aroma, and appearance in every cup. Best of all, that end product is delivered on demand and dispensed within seconds to provide a gourmet experience comparable to traditional coffee shops. That's not all.
Adding convenience to quality, BHC vending machines feature contactless cashless payment options, accepting credit or debit cards (swiping or tapping), and mobile payment options such as Google Pay (NASDAQ: GOOG) and Apple Pay (NASDAQ: AAPL). Combining these strengths and advantages, BHC's pace of expanding its revenue-generating footprint across multiple markets is accelerating, enabled by best-in-industry products and technology and leveraging its trusted name in automated retail.
A Rally In Progress
Thus, while the 63% rally so far on Wednesday is impressive, the sum of CBIA's parts may be worth considerably more. In fact, combining intrinsic assets, inherent potential, million-dollar strategic financing, a deal with PepsiCo, and a revenue-generating tailwind, CBIA stock may indeed be on a path toward reclaiming its 52-week high, 12,122% higher than its current $0.0018. They are certainly better positioned than ever to reach that mark. So, don't be misled by the nanocap share price. Companies can and do transform.
News and market sentiment indicate that CBIA has made that turn. That's more than excellent news for them; it may also expose a value investment proposition worthy of quick consideration. After all, windows of opportunity don't stay open forever. In CBIA's case, being in rally mode, on investors' radar, and ideally positioned to capitalize on significant revenue-generating opportunities during the remainder of 2023, theirs may close sooner rather than later. Based on company guidance, deservedly so.
RNVA if he didn't have any interest he wouldn't waste the amount of time here that he does imo
GTCH BUCKS2PENNIES 100% TURN PENNIES2BUCKS !!!!!!!!!!!!!!!!!!!!! NOW YOUR TALKING
gtch not out of the question and highly speculative but looks like games being played with the buy and sells in avant ,imo ,,, when you have a sell and the price goes up doen't add up to me,,,again just my opinion ,,, it was warned a mm on board there,,,,, and with no zero trades with bannix ? not assuming any thing only gets you in trouble ,,,, would just like some closure ,,, e-mails un answered by them.....................
gtch the avant! ai is the one that intrigues me the most ,,, smaller of the 2 deals but the mature date should have been january 3 ,,, they mentioned in the video DANNY RITTMAN as founding father of avant tech ,,, ,,,hmmmmm ,,they also mentioned using during covid 2 years prior to sale ,,hmmmm they also signed on DANNY RITTMAN as ciso ,,,, hmmmmm GBT also retains rights to use avant! ai for further r & d in house and still live trade mark to gbt tokenize for avant! ai,,,,,so my biggest concern is ggbt/tokenize sold out and where is payment ??? trend/avant tech never uplisted as per the purchase agreement and never heard a word about tokenize backing out ,,,, avant technologies is promoting the product as a product of theirs hmmmm ,,,, i invested my $$$$ in their products bun not for them to just write them off ,,,,, i as well as many share holders would like to know the status of where the deal/ deals stand !!! PR with update needed asap and if all positive this stock will take off,, theese are my opinions buy and sell at your own risk
GTCH LOVE THE ACTION ON AVANT PPS MOVMENT UPWARD
BUT WHY NO MOVMENT ON BANNIX? NOT ON FRIDAY EITHER WHERE I WAS MONITORING ?????? ANYONE HAVE INSIGHT...............