Here's my take on what is going on here. I'll begin with what I have seen with the countdown-to-launch clock. For a couple of weeks, the countdown clock indicated that the official launch would occur on the morning of Tuesday October 28th. Then about 2 or 3 days prior to the originally scheduled launch date/time, an update was made to the countdown clock, where an additional 24 hours was added. That would have placed the new official launch date at the morning of Wednesday October 29th.
As witnessed by those who were watching with eager anticipation of official launch yesterday morning, the countdown timer struck zero and nothing seemed to occur on the website. And now the countdown timer has begun again with tomorrow morning as the launch date/time.
Based upon the two updates to the countdown timer, I am speculating the following:
Either the official launch is very close to happening, and there are just some things causing delays which are so very common with most OTC companies (mgmt of OTC companies are notorious for being late on almost everything that they commit to)
- or -
The delays and changes to the official launch timer are being done to frustrate those GTRL shareholders that have held the shares for a very long time already, and have little patience left to continue holding. If what is going to be launched is anywhere near as big as the hype, then it wouldn't surprise me if insiders wanted some to let go of their positions just prior to the launch. With such a low outstanding share count and float (according to the company filings), the launch of a substantial enterprise website for bitcoin could be worth a whole lot more than the current share price, and therefore it would be understandable that insiders might want to retrieve some of those shares prior to the launch.
With either of the to possibilities above, I would expect the share price to move significantly higher from this level, in the coming months.
As always, simply my opinion.
GTRL
