There are getting more the 45 Million!! The other deal with "TREN Innovation Holdings Inc. ..WHICH WAS BURIED IN THEIR RECENT 10k !!! Is worth $37,000,000 of restricted stock in TREN which is trading on the Nasdaq at $1.45 - take a look.
Here is the blurb regardless buried at the bottom of their recent 10K. Look it up in the public domain Or see below...
Then start to think.... Did GTCH put out a PR about this and the restricted stock they received for the Avanti-AI deal??? Ahhh NO - not that im aware of or, NOT YET!!! Then, go back and look at the stock chart for GTCH and pay attention to the 2 major volume bars over the past 2 trading days and say to yourself, hmmmmm i think somethings up. Friggin right something is up - hello??
BTW, if you're on Twitter, get active. I swear its quiet there because investors are/will try to take their positions before spreading the word on Twitter! Too funny - and typical.
Cheers!
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On April 3, 2023, GBT Tokenize Corp. (“Seller”), a subsidiary that is owned 50% by GBT Technologies, Inc (“GBT”) entered into an Asset Purchase Agreement (“APA”) with Trend Innovation Holdings, Inc. ( “TREN”), in which GBT consented, pursuant to which Seller sold certain assets relating to proprietary system and method named Avant-Ai, which is a text-generation, deep learning self-training model (the “System”).
In consideration of acquiring the System, TREN is required to issue to the Seller 26,000,000 common shares of TREN (the “Shares”). The Shares will be restricted per Rule 144 as promulgated under the Securities Act of 1933, as amended (the “1933 Act”) and Seller agreed to a lock-up period of nine (9) months following closing (the “Lock Up Term”). In the event that TREN is unable to up-list to Nasdaq either through a business combination or otherwise prior to the expiration of the Lock Up Term, the Seller may request within three (3) business days of the expiration of the Lock-Up Term, that all transactions contemplated by the APA be unwound.
In addition, TREN, Seller and GBT entered into a license agreement regarding the System, granting the Seller and/or GBT a perpetual, irrevocable, non-exclusive, non-transferable license for using the System to be used in its own development, as in-house tool, where Seller or GBT may not sublicense its rights hereunder to any customer or client.
