$GTCH SAN DIEGO, June 10, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) received an activation noticed for its System for Award Management (SAM) registration #832011626/91FW3. The active status makes GBT eligible to conduct business with the US government contractors and/or sub-contractors. A SAM registration is required for entities to conduct business with federal government agencies, contractors/subcontractors, local cities or to receive federal funds. The SAM (www.sam.gov) is a central registration system for government contractors and suppliers. GBT has filed an application with GSA (General Services Administration) to get approved to sell to the United States Government and SAM is one of the stages required. To become eligible to bid on a GSA schedule, it is required to complete several important steps, among them are registering in the government's SAM (System for Award Management). To remain eligible to do business with the federal government, an entity must renew its registration in SAM every year.
