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The trade not as expected. Trade on hold via MM intervention? I would expect that the news provided by hawk would be widely dispersed by the insiders at WS who have a stake in Pinkyland board activity. Because there was NO PR to announce the most recent patent approval, little trade is expected from real retail buyers... but these insiders know how to play the game under these circumstances. Something is, IMO, preventing them from participating right now.
This new patent approval is a BIG one, IMO, something should be happening. Why isn't it???
Sure would like some additional board opinionated analysis! Mine, IMO, is considered BS until I get to see responses by others to today's events...that can provide some ground support... I may be flying much too high!
no PR! Only if I had the $$!!! I expect a huge surge to include wiping out all 1s. More O/S too! Lowering the chance for a robust pps surge upon the announcement of the sale?
I would not mind the wait for certainty if I were green, buried in red makes the prospects far less...a strong pps at this current level of O/S would require a much higher buying price - wouldn't you think? So, those in the know love the opportunity to buy much more NOW at these levels to reap MORE from what little run SHs get to share in once the "cheap" buy is finally announced as a surprise?
We all should know that businesses play games. Benefits to the management is top priority. SHs are typically do NOT contain 'real' management retail buyers. Most, if not all of their shares will be "gifted" during negotiated agreement with the buyers.... the more 'share' they get, the current SHs can expect the buyout cash to be lower or the higher the number of our shares are required in the new conversion/swap ratio (when the buying company has its own existing public shares).
Understand that I am prone to consider the downside for SHs during a buyout event... NOT that SHs will automatically get screwed but rather that we can expect far less of the bounty if the sale/purchase is positive. That's all. Recognize that management WILL do far better in the "deal"... rightly so to be recognized, expected and, quite frankly, the way it will be.
SHs concern should only be that they 'get something' out of the deal and NOT sold out completely without ANY share.
Am I too cynical of the prospects that are so often dashed in Pinkyland?
hawk, from my perspective, THIS IS A BIG BIG ONE!! IMO, today's trade action was NOT any reflection of this patent approval. Retail traders were not aware of this approval other than a 'few' in the know.
Usually, Fridays are dull but IF GTCH releases a PR to acknowledge the approval before the bell, IMO, LOOK OUT!
Anyone not giving GTCH its due and loading up at these levels, IMO, are making a huge mistake. I loaded up more this week cause I had the $$ to do so BUT I had no knowledge of this patent approval. Just pure dumb luck...again, IMO.
SHs are getting close to knowing what the value of GTCH shares are REALLY worth.
Unless the sale of GTCH, at this stage of development, is grossly skewed from gratifying loyal long-term shareholders, we should realistically start to see a dramatic rise in our return.
While I am still assuming the remainder of this year will be flat, I am convinced 2024 will be astounding.
I hope everyone is keeping an eye on the O/S. It HAS risen substantially over the last month as well. While it is understandable that GTCH would pocket 'free money' with trade levels remaining high but also understand that the O/S is a BIG factor in any buyout/sale of the company. Continuing to raise the O/S does not do us any good - note how we receive NO indication on why or how the money is required or being spent. 5B shares in a year, regardless of sale price DOES add up to significant $$ with NOTHING shown how it has affected/utilized in operations.
Good catch IT. I have to admit that I am a bit disappointed. I thought this was already in place - just had not taken the time to make sure. GTCH should be in the thick of things!
Taking out the 1s again? Just shorting manipulation? Pinkyland is so damn corrupt. Nothing but outright stealing from the middle class retail buyers. Our US legislature and the bend to the SEC enforcement policy seems to think this is OK.
Anyone that follows my post know how I feel, helplessly, about it.
We all know we have to play to win, but the rules remain unclear to us (not our fault in trying)...and quite frankly do not even come close to "fair". The challenge is still to know those rules well and 'somehow' take advantage of them too.
How's that been working out for you. I can proudly state that I have managed to know how to lose less, but staying green still seems to be a losing cause....
Another 350M trade day and the pps will be on its way...Uh, IF the buying stays at 2....
Is BNIX setting up to buy GTCH? Really. Can't see that their initial contract with GTCH would take this long to finalize. Not rocket science. Yet, "buying" GTCH/Tokenize (G/T) would require lots of legalese and fine crafting. Takes time to do that. That scenario would not bother me IF BNIX is itself a truly viable operation with the means of incorporating AND operationally move to capitalize on the dynamics of profit the GTCH patents provide.
Delay in getting G/T patents operationalized (like actually producing and selling the hand-held health monitor for example) ASAP is what any pps would require to develop a strong equity base.
"Where is the PROFIT" GTCH???
No news yet plenty of action. MMs play havoc with pinkies.
If SHs do not get any news by the end of this week, we WILL have to wait until the new year. Even then, I am doubtful that the kind of news we seek will be provided earlier than Feb-Mar. Legalese is a killer of time. Happy Holidays everyone.
By the way, I bought more shares today... my own holiday present. Grinch, keep your hands off of it!!!!
Although time consuming to read, the recent 10Q does provide a more complete understanding of tokenize/GTCH's legal arrangements. Very co-mingled and convoluted arrangement between those two elements AND with a very divergent group of partners.
The existing web of cohorts MUST be dealt with in a manner of renegotiation IF any chance of sale is to be realized. ANY desirable buyer to SH benefit would REQUIRE a clean legal slate/simplified base of operations moving forward. It is highly likely any purchase of GTCH/Tokenize is going to require a great bit of time and arrangement to create ANY legal clean and efficient means for incorporating GTCH's very large and potentially lucrative patent source package.
There is no reason to surmise that the 'buy' comes before any other significant development. Patent approval as well as any unknown acquisition still could be parleyed to enhancing the pps prior to the sale of GTCH in whole. The higher the pps goes up at this current undervaluation, logically, the better it is for SHs. A surprise gift for the holidays?
Always appreciate your comments Can. Stated before that, IF their patents/products are legit (like you, I believe they are), then value will very high. These two contracts provide shares, currently valued in millions, not cash (although their value at the time was 'itemized', the REAL value depends on how each company succeeds in generating revenue using GTCH tech...the shares mentioned in the contract would obviously be of greater value as the company's pps rises.
Where I place far more value is in GTCH's chip patents - not yet factored into any existing contract. THAT potential is what I think will garner the desired purchase of GTCH and provide for the biggest payoff for SHs.
Because I think there is so much value in the chip side of things, I would actually prefer that an 'up and coming chip manufacturing' business buys GTCH rather than one of the preexisting Big Boy chips manufacturers. SH's transfer of value into buyer's shares would be far greater.
That is of course ONLY if the tech/AI efficiencies GTCH patents provide are enhanced over existing manufacturing design.;. Providing a completive edge.
Exciting to THINK what COULD be in store for SHs, but reality most often stands to make such notions becoming silly.
Bojo, consider that it may have been a mistake to offer the deals to BNIX and AVAI. Both of those contracts were, IMO, intended to raise the GTCH pps. They did not because the benefit of gaining income from the contracts were quite a ways out. Now that they intend to sell GTCH, those agreements offer some legal constraints on any buyer. May complicate any sale of the company...
Not a peep!
It used to be, as a US citizen, you had the right to pursue 'the American Dream'. That right has been superseded by "the right to go to court". CYA is a process inescapable these days by ANYONE pursuing the American Dream. Trust or certainty is unattainable unless 'a piece(s) of legal paper is signed, sealed and delivered'.
NOTHING is going to happen fast with GTCH. SHs must get ready to wait an additional ungodly amount of time to see their shares appreciated. My only fear is that I may not live that long. The wait is a natural expectation now.
good morning can. The 10q, IMO, was the door opener. Legalese for sure but detailed in such a manner to give me the impression GTCH moves forward from there. Just like the reading of the will provides for upwards of 2 years for probate appeals. The 10q lays out specific legal lines that, again IMO, could delay any 'purchase' as a result of legal appeals permitted over a specified time.
Take for example, the agreement GTCH had with TGHI. The 10Q specifically nullifies its legal ties with TGHI. That could be challenged by TGHI (doubtful) and therefore, GTCH MUST allow for a period to submit such legal claims to a court of laws. Time delay before any purchase could be acceptable.
OR any buyer could speed up the process by accepting such potential claims as a risk worth taking (backed by their own legal representation). GTCH certainly laid out such risks in their 10Q.
With the tech GTCH has to offer, it would probably best to move forward by any potential buyer very quickly in attaining ownership. The SH has no other choice but to wait until the fat lady sings!
Lantz of AVAI will give a boost to GTCH's position. Inevitable
Not willing to speculate other than the 10Q seems to 'clean the slate' sort of speak in that it was written as the 'final one that GTCH is going to write'. That is, they are ready to be bought out - buyer's legal team WILL know how to read and interpret the 10Q and prepare their bid accordingly??? Are we about to hear something? Next 3 weeks at most?
Good to see you are making positive progress on a few of your stocks. good time to wish you a happy thanksgiving!
Form 10-Q - Quarterly report [Sections 13 or 15(d)]
November 20 2023 - 04:16PM
Good luck reading this
Following you CH, interested in seeing more of what you have to say. Learning should never stop
Could not agree more. Shorting is problematic. Borrowing shorts as well as naked shorting is opposed to the "real" intent of investing: Seeing stocks rise in value. Shorting does the exact opposite.
While the truism that what goes up must come down, shorting MAKES the fall premature. Manipulation based on those having the power to do so rather than the actual value/worth of the company's fundamental financial transactions.
SHORTING IS THE BANE OF OUR CAPILISTIC SYSTEM!! Yet it continues with little control because Wall Street retains the means of creaming gains off the backs of every retail investor...especially in the OTC - most glaringly, Pinkies. Because they can do so with practically no one to deter such actions. In this case, CHEATERS win BIG TIME!
This bothers me: "will deposit into the trust account, as a loan, the lesser of (x) $75,000 and (y) $0.07 for each share that is not redeemed" should be considered a very confusing comment. Extended 9 times - does that mean that (9 times $75k) $675K has been set aside as a "loan" to GTCH? A loan for what? Gobbledygook! If the deal does not go through, does the loan remain in effect and GTCH is obligated to 'pay it back' on what terms?!!! OR does GTCH get to keep the 'loan $' as a penalty for not going through with the agreement....?
Anyone care to explain what the loan specification means? I have ignored this clause because I thought the deal would go through, but after 9 delays, not so sure that will be the case.
Good morning hawk. Maybe you might add some ensight to the enormous volume those past 2 days of volume. A tremendous number of naked shorting going on.... so, whose shares are they "borrowing" if not having MMs buying up available new shares and locking in short's willingness to 'contract' in securing borrowed shares for sale during the expected GTCH boom?...and buyback shares when the boom busts (they are hoping/betting that it will) to cover their borrowed shares.
It is my guess that retail investors do not fully understand the mechanics of naked shorting (including myself) but I have always understood that borrowed shares MUST come from shares included in the O/S already.
Shorts seem to have an enormous amount of borrowed shares right now secured when/as shares are priced VERY LOW...like now.
My suggestion that the recent surge in buying (to be sold later) by shorts is coming from 'new shares being issued' stems from the belief the the current O/S is insufficient to cover the two-day borrowing surge.
Yet, you note OTC only reports 100M in new issue. What gives????
Notice that yesterday was a day of retail buying and not short??? Insiders? Last chance that those 'in the know' can gobble up cheap shares?
Are SHs in for a surprise day?
Well, SHs did get some notice last week. Something this week too? I do not consider December to be a good month for getting things done. It will be the 'holiday season', so, IMO, it is this month or we have to wait until the new year.
A high trade day again? If so and it is trading at 2s, would it be realistic to dream of breaking into 3s???? There has to be a BIG positive vibe amongst MMs and shorts with a BIG stockpile of shares at 1s and 2s.... that they are dying to sell at much higher pricing (expecting a substantial drop for replacement - keep that in mind). Any strong bounce will absolutely bring trading into the MULTIPLE Billions... Bring it on GTCH!!!
Yeah, PH. SHs wait is nearly over. Yet, I have no real reason to promote one event over another. Waiting is all I can provide.
Recent 8k clarified that ALL patents are registered with GBT.
Any IFs involved?
well... I am glad the management seemed to have curtailed new issue. Hitting on 2s is welcome. Yet, magically, all the trade in buying this morning now rests at the ask for 2s.
What SHs need is an unexpected PR right now to force shorts to replace borrowed shares with much higher priced shares. THAT would be lovely.
Damn. Issuing as fast as the bid comes in at 1s.
I do hope that their willingness to issue new shares to take out the bid at 1s is short lived. 'free' money at .0001 is absolutely ridiculous with the potential GTCH has. Waiting to issue new shares (if they have to) at a MUCH higher price seems prudent.
Management has gone hog-wild previously in issuing to cheaply in the past after a significant PR.... god forbid!!
What does the trade day offer today?
Can't say that GTCH does not leave the SHs without much to think about. The PR today provides clarity yet causes a bit of a blur as far as what their future intentions are. I thought the announcement regarding the sale of Tokenize and its patent rights marked the end of any consideration for going on its own through the public ownership of GTCH shares.
Now, not so certain.... why exactly do they need " additional equity financings, and stock-based acquisitions"?
I prefer thinking of GTCH moving forward on their own. Much slower in attaining a higher pps yet maintaining the dream of success in producing the products their cutting-edge patents seem to offer. The "right" acquisition COULD set them off on a steep incline to profit and business standing.
I think we need to read between the lines. No need for the company to do a R/S because the 'buyer' of Tokenize will either mandate a sale of ALL GTCH shares (cash - don't expect a high end deal, thus our dream of a$1 is gone. Even a penny (depending the size of the offer) seems off the table after today's actions. OR GTCH shares will be afforded a 500 for one share of the company IF it is already listed.
I prefer the latter.
But after today in removing all the bids on the books as well as the 8Ks indicates, to me at least, that SHs will be informed of a purchase very quickly now.
I am surprised that no one is posting. 1s sold off. Not a surprise....unless...
This week was my guess that SHs would hear something. We'll see. Not holding my breath. Record for being "right" is dismal.
Yes! SS is supposed to be such in Pinkyland. Business prospect become 'public' here because they lack the cash access to go from a 'nothing' to 'something'. The American Dream is real here. Their $$ needs are met by selling their shares. Dah! For sure, even with their record of R/Ss, their SS is not unusual or unexpected.