GBT Technologies Inc (GTCH)

[bigballer_sa4]

Notice how the PR was a bit fishy about it's numbers:

In addition, the Company's total liabilities and stockholder's equity rose from $18,543 for the period ended December 31, 2016 (audited) to $9,380,486 for the period ended September 30, 2017.

Notice how it says the "liabilities and equity". I think its to hide the large amount of increasing debt. Also it's good to note that 7.9 mill of their 9.3 mill is goodwill. You normally see this when you pay more for an asset then what it's really worth. In reality, they have 1.5 mill in assets against their 6.9 mill in liabilities. Take out the goodwill and you have what? An approx 4 mill deficit.