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Friday, May 05, 2023 2:57:50 PM
Keep in mind that depending on the strength of the ticker, R/Ss can be a benefit. Initially to gain a cash influx, then to announce a R/S but most importantly the ability to afterwards support the new level of the pps AFTER the split occurs.
We have no news on what the cash gained by selling new shares will be used for. Paying off debt is NOT a good use. Acquiring assets or launching a production division IS.
Leverage is always lost in a R/S, but value can be retained and gained. That is our only hope now. Any pps appreciation prior to any R/S would be icing on the cake. MMs may not give that to us since the dilution has been so severe and continues.
Recent GTCH News
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/19/2024 10:10:11 AM
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- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 08:10:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:32:06 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:16:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:07:18 PM
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