All: Buy/hold, Don't sell. IMO
About all the posts:
1- RS has no bad effect because:
a- It is across the board, meaning that all the authorized shares and outstanding shares even the conversion features will go down for the same ratio.
b- No dilution: What is dilution? Dilution is to do the RS for the outstanding shares and keep the authorized shares, issue the difference between the new outstanding and old authorized, which then dilute the equity share per shareholder. In GDTK: all shares will be reversed and there is no authorized shares that are not outstanding, except very little.
c- The company market cap is $3.8M, which is very little, knowing that the fair value based on the discounted cash flow for the 6 PG&E project is $24M, consider the other 50MW proposals this is huge. The market cap will stay the same after RS, unless shares dropped. If it dropped 10X, do you feel the company worth 380k? That's unreasonable value. The company market value is really at the bottom, and any further down is just for the benefit of the short investors who are market makers.
This what the I-bankers look for, the company's market value and the fair value based on the discounted cash flow.
d- Market makers: they had shorted the stock very bad knowing the RS and expecting a decline in the price afterwards, they will take the value down to wherever they want, if we got the fear and started to sell, and then ride it all up and make all the money anyone can imagine.
2- Retiring shares: requires buy shares first, company does have this plan, if bonds selling went well.
3- Also, 8B shares are collateral and will be cancelled upon fund settlement with steriwave. So in fact, 8B out of 38B shares should not be in the company's market cap, so it is in fact $3M, and the multiplier is higher.
4- Company's technology is not only great, it is fantastic, it uses a very low heat. Smaller machines can be built and used with other products to generate the needed electricity. It will build its market, once it started operations. Actually, steriwave will be the big beneficiary; newer partners will pay more.
5- For anyone looking for a schedule. See the Steriwave-gdttek website, it has a progress sheet every 15 days. Meaning that Steriwave is managing the project timeline. In the PR, they said 8/15 they will get the bids, and the timeline sheet showed the same.
6- Management believes company value is much more than what it is. That is true as mentioned before. Also, they are planning to buy back the shares because they really believe in their value. Great. They are looking for funds and working on it.
7- Management started to submit things on time. That's is great sign. It shows that there is something going on, not as before. Also, the tone of Albert and Bo are more confident, they are trying to achieve something and get us a real company.
8- Uplisting, if stock went above $1, it can go to NYSE, I guess. There are several requirements. If this happened, big companies will go after GDT tek and we might have a very big buy out.
9- When to buy? It is your decision. I think any buy below fair value is good. If RS happened, see the direction and decide when to get in. If it goes down to the cash I have, I am willing to buy all the stock 100%.
I do not see management RS decision is affecting either way, except it creates some trading for the price availability to fluctuate.
IMHO, this is a long term investment, if you are looking for a big full return. It can be a short term, if you are looking for quick small return.
All, IMHO
GLTA
