GBT Technologies Inc (GTCH): Porch: I don't think "fake" shares a...

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Re: Porch Honkey post# 21757

Thursday, 04/25/2024 11:23:57 AM

Thursday, April 25, 2024 11:23:57 AM

Porch: I don't think "fake" shares are being issued. Why bother? Real shares, about 500,000,000, are being contractually issued by GTCH every month--for no payment to GTCHG--to the holder of a toxic convertible note who is converting tiny pieces of his debt to equity. He then dumps these shares on the market. Hence the gigantic "ask" numbers. GTCH isn't getting any of the funds from the subsequent sales of these new shares (or fake shares as you call them). Every penny of proceeds is going to the holder of the toxic note (the IGOR Note).

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Recent GTCH News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:06:02 PM
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Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:07:06 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:07:18 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2023 10:04:19 AM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 08/23/2023 10:01:08 AM
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Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2023 11:19:14 AM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 08:05:43 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/11/2023 08:05:52 PM
Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 07/28/2023 08:05:37 PM

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