GBT Technologies Inc (GTCH)

[investisseur101]

What if they sold 1.6 billion shares (16.8 + 1.6 = 18.6 OS), knowing that this would bring the price back to its current level? It happened right after the big news, the timing seemed perfect. If they needed dollars, why not before the closing announcement? They had the closing announcement and the dilution right after. The prices have fallen and now they can accumulate massively at 0.0001, like a buyback... but no buyback has been announced. So the departure of GTC's CTO is another clue that seems to indicate they are in the process of acquiring GTCH through a third party who could cancel these shares (it's only 1.8 million at 0.0001).

Options I see

1. Cancel shares and then let them rise, but it seems to me that a share buyback program has to be announced.

2. To absorb GTCH or become a majority shareholder and vote in a way to acquire GTC and its patents for peanuts?

3. The timing of the dilution is just a coincidence, and a major is in accumulation, knowing what's coming.