GBT Technologies Inc (GTCH)

[dinogreeves]

I agree, one would think that those press releases came from a third part articles (pump articles) by pumpers to push the stock up so they can get out with 100-200 and even 300% profits if they were lucky, or much worse, the CEO is behind it, to get the overhang out of the way and release the hound for maximum run. Who knows what the angle is. In either case, if the stock runs tomorrow and or at least hold the mid teens, it has good shot for nice recovery by end of the week. We know they have the patents, we know they have the autonomous AI (isn't that all true), if it is all true, then you are buying based on the potential moving forward, company may not have the revenues expected but they have the technology, big board stocks have the technology but don't have a dime in revenues look at their market cap, BFR*G one example, AI company, so many others. Technology what matters and proof of concept what matters and game changing technology is what matters, not so much revenues, those will come later, the expression, "you build it, they will come" so true. Look at A*I, had no revenues from when they started to debut on Nasdaq look at it now, a few billion market cap, of course they have the revenues now. Just need to find out if this technology actually belongs to GTCH and if there is any over hang and if the CEO is selling the technology to the SPAC out fit, without letting know the shareholders and diluting them without their knowledge. Someone needs to email him to come clean with the shareholders and ask him, does he even know the press releases were issued using his technology, he may not even know about this.