GBT Technologies Inc (GTCH)

[bucks2pennies]

As expected, severe dilution is evident in the OTC O/S report. Having NO NEWS on why GTCH chose to enlarge the O/S so dramatically, I can only be concerned. Dilution for Pinkies and then implementing a R/S to reduce it and begin all over again is often the kiss of death.

With GTCH, I continue to have confidence that their business plan is such that this episode of attaining 'free' operational cash by selling new shares over the last couple of months means something more than just filling the pockets of management by raising 'salaries'. I truly do believe the increase in the O/S was done to eliminate dilutive dept, improve cash incentive for a manufacturing/service structure acquisition or both.

I also hope that their need to issue new shares is over!

Now, it is only the wait to ascertain the need for such a large increase in the O/S. For me, I believe that explanation will create a much greater ability to diffuse the negative impact of the O/S increase with a much greater reason to not only erase my concerns but dramatically raise the value of the pps.