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Re: ITradeHbu post# 18998

Sunday, 08/13/2023 10:12:40 AM

Sunday, August 13, 2023 10:12:40 AM

Post# of 22068
I am with you ITH. Posture: wait and see. While the purchase is clear and the amount spelled out, how it impacts GTCH's pps is another. Owning shares of another company 'on the books' (no voting rights) is NOT the same as cash. Value, yes. Conversion to operational cash is another.

Best to watch the pricing of BNIX....soon to be EVIE, but at what pricing? Also, GTCH "ONLY" has a 50% stake in Tokenize....50% of $43M is a $21.5M impact on GTCH shares.

Remember that at least 16B of the GTCH A/S of 30B is accounted for 'clearly'(ha!) in the current SS. What impact might that 'income' of $21M be worth per a pps? Divide $21.5M by 16B O/S and you would get a potential of .00134375 per value obtained.

Could we expect the GTCH pps to bounce to that pps on this BNIX deal? I am not expecting much more....
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