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Pushing 15B O/S now
no. been a surge in retail buying for no reason. guessing why
Soon. This month with all the insiders buying now.
Agree. Wish I had the $$. Worth buying more just to lower my personal pps...
The wait is nearly unbearable.
Open ended all around. SHs just don't know. Although my own observation over the years here in Pinkyland, UNLIMITED availability of 1s never a good sign...especially late in GTCH's career.... especially when I have no $$ to buy them!!!
The BNIX deal with GTCH is delayed again. How hard could it be to consummate? Doesn't bode well for either company. Unknowns for SHs exist and are very much in play here. Two more months and the deal falls through?
I am beginning to question the success rate for GTCH AI/Patent functional ability. Can the patent IT function as advertised?
Proving performance is key.
Just a quick comment. For every Billion rise in the O/S, the expectation of the SHs should be correspondingly lowered.
Did any of the longs posting here get a bite out of those 1s
can, the significance of such a rise in the O/S is disturbing. New shares ARE being generated and bought up dirt cheap. This is management's doing, not MMs. For what purpose is this being done? Makes no sense to me so close to having THE SALE announced. Who were those 1s being given to? Now, any retail buyer can have all they want too.
I really am not comfortable, yet I can't figure out why.
Update doesn't cut it evidently. GTCH is a CONTROLLED trade. All rests in determining their life after GTCH. I do remain confident that a buyer has stepped forward and that SHs should understand that the on-going negotiations on that purchase may extend much longer that we all presume...a sign that GTCH management wants top dollar for its SHs?
No idea how long that negotiation will end up being and having the resulting contract agreed upon any time soon.
IMO, GTCH has a lot to offer a prospective buyer which today's PR lays out definitively. I HIGH price to pay is NOT inconceivable just because we are currently a "Pinkie".
Another week of waiting.
The trade is not showing up as naked shorting from what is reported. All I can say with confidence is that because it is EOD activity, it appears to be incremental 'deceptive' reconciliation by MMs...guaranteed not to be favorable to retail traders or existing SHs.
Hi hawk. We can speculate all we want but I sure know I can't do squat about their operations/business decisions. I just HOPE I don't get screwed again here as done so many times in Pinkyland.
You and I both know that clarification on developments (even selling into the A/S) is theirs to tell on their time schedule.
I still believe it will be sooner than later. No more than another month or two. 2024 offers the time to have a fantastic operational year, I don't think they want to waste it. We are close to knowing.
GTCH is still issuing new shares. O/S continues to move upwards. The access to free money is taken seriously by management?
I obviously do not understand the mechanics of doing so at .0001 but.... Yet I also notice that short-selling is way down and most new shares being sold for over a week now has been retail buying. Slow and easy.
Could insiders know that the purchase 'deal' is near completion? Quite favorable to SHs? Bored thoughts to ponder during this significant lull
yesterdays volume an indication of buying back in after write-off end of year? I would just like to see the symbol trade pinkies again.
Nice trade day for BNIX yesterday. No more delay. Consolidation complete? I think so this month.
I am thinking that the deal is not off but a revision to it is necessary...to benefit GTCH more. IMO, similar to the revision of the BNIX contract from 5% to 20% holding.
From my perspective, delay is a result of GTCH/Tokenize announcing their desire to sell their patents in total to a buying enterprise.
My perception is that what GTCH patents provide ARE a significant advance of the related technology. Speculation is, by me, includes the idea that a "buyer" or "buyers" have approached the possibility A LONG TIME AGO. The actual period of negotiation is not known. My guess is that it continues today. Has GTCH received offers or for that matter, have they strung up a deal and it is only the process of preparing the buyer's offer into a deliverable contract? Only the insiders know.
I would likewise think that the 'nebulous' contracts with BNIX and AVAI might be challenged by a prospective buyer....or at least renegotiated to be more favorable to the eventual buyer PRIOR to the actual sale.
Any investor that offers up their $$ in Pinkyland know that MOST companies they invest in have capitalization far less than $10M, like GTCH. Even more to consider is that MOST of those companies are not for sale and governed by prospects of product/service sales. Contracts become the driving force behind an advancing pps.
KNOWING that GTCH is being offered for sale upfront puts a different spin on the ball. While GTCH has announced contracts with BNIX and AVAI, retail investors KNOW that these contracts will not have an immediate affect on increasing the pps because NO income is being generated by the companies...thus no immediate income is shown in any financial report.
So...what would be the driving force to push the pps higher??? DUH! The SALE of GTCH/Tokenize WITH their PATENTS in hand!!
I will go on record to say that those retail traders that even know of GTCH's existence have no CLUE what GTCH has to offer a prospective buyer...or what impact it could have on the buyer's purse. I'd be one. Yet, even amongst us, those with my optimistic perception of worth really stand out. We have bought tons of GTCH shares. Small purchases over an expanded period of time (well over a year of adding with available pocket change), yet they add up to the point now, I have lowered my personal pps to a point that even at .001 pps, I will share some green.
But more to my point...from that moderate point, what do I see beyond .001. Does "Shoot to the Moon!" ring any bells? I am no longer satisfied with JUST making some green, rather, I expect to make some GREEN!
AI and Chip manufacturing are very big concepts right now. Right up GTCH's alley. While I may be too dumb to understand the tech, I sure as hell believe that those in Government issuing patents for such tech KNOW WHAT THEY ARE SEEING AND GRANTING A PATENT FOR!
Do the retail investors that know about GTCH know what they are seeing? Do they know how close GTCH is to realizing their long-time pronouncement of 'changing the world' in regards to the patents they have? Are retail traders standing on the sideline WAITING to buy in IF anything that GTCH has been touting ACTUALLY will 'change the world'.
I simply cannot let that possibility pass me by. I eat risk every time I buy shares of a company listed in Pinkyland. I have eaten some that didn't taste that bad...but gave me the runs at the end. But eating GTCH's risk right at this stage, taste like fine restaurant cuisine surpassing all that I have gobbled in the past. I look for extreme pleasure in its passing....
I really do not think January will be that productive in providing hardened information for SHs.
My recent posts on providing opinions on what GTCH share value has in store for us demonstrates not only optimism but also confusion.
On record with the OTC, there is a total of 30B stated as the company's A/S. Only 10B has been obligated. Yet we do know that for GTCH to retain their rights to Tokenize patents, an agreement between the two entities provide for ANOTHER 10B obligation that HAS not been officially listed as "O/S". Therein lies my confusion.
Does anyone have a 'clear' understanding of how this arrangement works? It seems to me that the arrangement clearly provides for an 'obligation' to 'issue' Tokenize 10B of the A/S. When that obligation is fulfilled is really NOT where my confusion lies. My past post for determining 'share value' upon the sale of GTCH/Tokenize accounted for the additional O/S (making it 20B instead of the current 10B (+). But does that total reflect a payment to Tokenize for the right to "use"/incorporate those tech advances to generate GTCH revenues OR (where I need further clarification) is it intended to lay claim (via having those issued and also 'sold to the new buyer' as their share of 'half' of the proceeds obtained in the sale.
If so, my use of 20B of O/S in determining SHs value captures the entire sale price rather than 'splitting' it with Tokenize. A BIG reconsideration on my part in that, should the sale reach a $B, SHs could conceivably receive $.05 for their shares (either in cash or to be prorated as new "buyer" shares).
A hell of a thought to start off the new year...
I wonder if the Sentinel is being taken seriously. Any record of growth in readership? So 'new', unknown?
AI and Chip Manufacturing are very competitive right now. A LOT of brainiacs out there as well. To think that GTCH has a lock on anything that is highly likely to generate massive profits has to be envisioned with extreme caution. Patents help but technology advances VERY FAST. What, today, is cutting edge becomes overrun tomorrow. A LOT of competition and a ready supply of brainiacs tends to cloud the view these days. Just how competitive is GTCH/Tokenize?
Over my head Porch. It would seem necessary that ALL of their patents have to be FULLY OPERATIONAL. A lot of PROOF to be demonstrated and THAT takes time. NONE of the BIG BOYS are going to buy anything without KNOWING that implementation WILL make them money.
Would only be a guess and I must say its rather a depressing thought.... but March 2024 seems likely. Company sales are EXTREME LEGAL MONSTROSITIES!
I wish everyone posting here a very prosperous and 'exciting' new year in 2024. 2023...well, glad to see it behind me.
GTCH has a lot in store for its SHs... A lot of math!
Our share of GTCH's future success will come from its pps. UP for sure but HOW HIGH up for will depend on math generated by the sale of GTCH/Tokenize (G/T)!! One of two approaches will tell the tale...not on what price is paid in buying G/T but how the transfer to the new owner will take place.
Less beneficial would be that the sale of GTCH shares would occur at the current pps of .0002. A straight proportional divvy of new company shares, let's say the new company's share price is $100. That would mean each SH would get 1 new share for every 500000 GTCH shares. Preposterous and very unlikely.
What would more likely occur is that our CEO negotiated a $.025 swap price for our shares given that G/T was sold for $1B (very possible). Understand, GTCH SHs would ONLY share in half of the purchase price or $500M. That $500M (according to my math) would have to be divided by approximately 20B (current O/S as I see it) to get the .025 swap price per share or 4000 GTCH shares for each new share going at $100 per share....yes, it is like getting 1/4000 R/S!
Regardless, that .025 pps would be a hell of a gain for those currently holding a personal pps level below .001! 25X! Yet, for every 1M shares of GTCH you once held, you now have 250 shares of the new company....that is, IF there pps is $100. What shares would be have if their pps is $500????
Half of me wants to believe the crap I spouted above makes sense, the remaining half has no idea what to believe WILL happen once the G/T sale is actually completed.
GTCH SHs remain in limbo.
Rescinded per latest GTCH Q
I am watching
Have a prosperous New Year can.
For me, 2023 was just another red year. Tired of it. Doldrums. MMs sure do make trading here rough. Tight hold on ups, Gift giving for naked shorting. Retail traders have lost a haven for 'luck' in Pinkyland. Nothing left to be positive about other than those stocks you choose that have sufficient reports/info to allow some light to enter from the end of the tunnel!
Yeah sax, I tend to be positive but with TGHI, I need to drop the thought. Of course, as you state, tax loss is all that is left for TCHI. What brought me here in the first place was their 'agreement' with GTCH. Now that is gone as well. Another red year for me.
Somebody bought 5M shares
Good observation can. I will be paying attention. By now, all SHs should know that the information that will make the GTCH pps fly is so much sooner than later!
When all the contracting is completed, as I surmised in my previous post, GTCH will no longer exist as a trading symbol. SHs ownership of GTCH shares WILL BE either bought outright for a given amount OR a conversion into the shares of the third and final contract where GTCH SHs will be provided a prorated number of shares of the publicly owned/traded buyout company. I cannot imagine that ANY company buying GTCH/Tokenize will be a non-public trading entity that is not already fully prepared to gear up to producing their new chip design ASAP.
More to ponder. Does it appear to you as it does to me that GTCH engineered the sale of GTCH/Tokenize strictly on functional basis having the sale of the 6 primary AI patent components sold (contracted for at least) BEFORE stating that both GTCH and Tokenize would be sold in their entirety? The management and their partners deciding that their best options would be to do so - AI freestanding (viable products to generate revenue left to those individual companies) and the Chip side (Manufacturing products to generate revenue will be left to the individual company purchasing the combined entity of GTCH and Tokenize to include the purchase (ownership) of all remaining patents)?
This arrangement is becoming more clear to me (forming my own opinion) as a VERY clean way of making the potential of their patents achieve desired goals.
In effect their patents will be distributed between three fully operational companies yet necessitating the 'sharing' of the central component: AI and its interlocking association among all three companies yet allowing FULL freedom by those companies to utilize the FULL capabilities of the AI to generate their own productive needs. The AI component, IMO, cannot be distinguished completely within each company - they must SHARE some of the mutual uses the AI performs.
So.... what I am suggesting is that SHs can expect that the company to purchase the combined rights of both GTCH and the Tokenize partners WILL be a CHIP manufacturing entity...along with the 'medical device' (using chip technology) to measure human heath monitoring capabilities.
While the above is strictly my opinion, I offer it as 'food for thought' in trying to get a handle on GTCH SH expectations.
that is the case, but as a shell. The shell, once filled through the purchase of EVIE (with the benefit of purchased GTCH patents) must, it seems appropriate, go through the Nasdaq approval process as well (with, I suspect, a whole new trade symbol).
GTCH/Tokenize and BNIX in sync. It does look like the patent purchase will go through AND will, no doubt IMO, benefit SHs. To what extent is to be decided through the combined sale of GTCH and Tokenize outright.
Also, when you think of GTCH, remember that it is a buyout candidate. You may think that the value of BNIX after the purchase of EVIE as being around a $B, the price GTCH/Tokenize will be "sold" for SHOULD garner far more.
IMO, my estimation for potential once the remaining GTCH patent package is put into the production mode will far surpass in revenue generation any acceptable GTCH purchase submitted today. As Can has repeatedly expressed...$BILLIONS.
Understand that what ever conversion shares we acquire from the new owner (whomever) will be far greater in value 5 years from now!
I have waited 3 years and have only red...what is another 5 if my pockets are full of dark green?
Every disclosure GTCH issues, I tend to view through KISS eyeglasses. This one is no different. It APPEARS that GTCH gets more from the deal. Rounded, about 4X the potential for gain. From 5% to 20% of ownership (via as a share of the O/S when the deal/purchase with EVIE is complete).
IMO, as an example, when the smoke of ownership clears, BNIX could possibly be valued as a $B company. The shares of BNIX that both GTCH and Tokenize would get in exchange for providing BNIX with the full ownership of the patents involved in the agreement package would be, accordingly, $200M.... $100M on the GTCH publically owned books. Seem a reasonable assumption?
Not sure of how this AI deal for BNIX would have on any outright purchase of the remaining GTCH/Tokenize package, but it would seem to show that GTCH as a publically traded stock has a "$100 MILLION value on the books no matter what.
Even with 20B shares on record for the O/S, the current trading price of .0002 is absurd. The assurance provided via the new 8-K SHOULD have a very strong upward trend to today's trading...unless the MMs choose otherwise.
In other words, I do expect a high volume of upward-strength trade as the result of this 8-k...unless the MMs snuff it out.
Of course, that would take a LOT of retail buyers thinking as I do for it to work at all. It would take a LOT of newbies to take to the GTCH hook... I remain doubtful from that end.
May all of us LONGS finally have a GOOD green day.
Some hefty buying for BNIX. Things happening between BNIX and GTCH soon?
70M 1s! Insiders or a short's delight. Is the gap between 10B and 20B to be filled without a fight above 1s? This dilution DOES hurt the SHs from their side of the bargaining table when the deal is cut for the buy of GTCH. The ONLY side weakened. Selling new shares leaves cash on the table from a buyer's view, current managers/owner control gets a higher 'side issued stake' with the "new company" and then a "lessened by dilution" amount of shares have to be paid for to make the buying 'BOOK' clean. That buying for less effort is what we see now. SHs will get less every million new shares issued.
Accordingly, when the buyout deal is struck, previous retail buyers of GTCH shares will get some green for sure, but boy are we in for a very small gift in regards to our take from the purchase deal.
Where the 'real' SH gain could be through the "emotional trade" thereafter, where future SHs in the new company run up the pps (seeing the new GTCH from a perspective all of us current longs did when WE originally bought in). Gut feeling is that I will SELL a lot more shares than I would normally do with shares I had providing long-term green.
IMO, when the sale is announced, be prepared to make hard decisions quickly. Not much time to wait now.
Good morning Can. Happy Holidays everyone.
Now to my view on things relevant to GTCH. I feel like the Grinch as I type. Neither of the contracts with AVAI or BNIX are real as they were advertised, IMO. These releases were simply PR'd to raise the pps. It did not work for two reasons: these two companies are NOT profitable as they too exist today as does GTCH, secondly and much more influential on pps status for start-ups existing in Pinkyland are the MMs and their definite favor towards naked shorting. While I am totally disappointed of that result, I do understand the mechanics - at least from my perspective.
Back to your inquiry, I think that the sale of GTCH depends on a 'package deal'. That is, both of the AI and Chip component of their suite of patents MUST be fully attainable to ANY buyer and satisfy the expectations of ALL management/ownership interests involved with GTCH - I do not think the SHs be damned but rather their interests are NOT to reap the full benefits expected by retail investors for their belief and loyalty to GTCH.
Hold on to your hat! The ride, IMO, will BE significant anyway for the SHs. Our desired GREEN will come from the sale of GTCH/Tokenize in total and NOT from the publicized contracts with AVAI or BNIX (caveat: unless either of them can compete to obtain FULL ownership of Tokenize/GTCH).
Does my opinion have any merit? The odds are, probably not.
Your post is well worth reading by anyone wishing to gain a handle on trading in Pinkyland. GTCH is no different than any strong bet in Pinkyland. The handlers make the rules, the middleclass retail buyer MUST learn HOW to get a piece of the green action accordingly. Those who do not, inevitably, throw their cash to the wind.