GBT Technologies Inc (GTCH)

[bigballer_sa4]

Loss per share probable expected for the next couple of quarters.

After recent acquisition the company now has revenues that runs in the millions but their profit margins seems to be very small. 3rd quarter numbers shows a margin of 6%. Excluding the one time acquisition cost we still see a loss of approx 1.6mill which is way more then what they had without the acquisition. I expect future quarters to be better but with the recent issues with their machines that looks to be pushed back. We are looking at decreased revenues and increase in costs to develop their own process.

We need to see their other products hit the market for any significant improvements in their financials.

It should be noted on their balance sheet they report 7.9 mill in goodwill which is an intangible assets. Doesn't do the shareholders much good in terms of liquidation. If you take into account tangible assets the Total stockholders equity runs a deficit of around 5mill.

Stock was okay in the .20-.30 range but now it looks to be very expensive. Be careful when buying at over $1

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12391943