Replies to post #25922 on Global Tech Ltd (GTLL)

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$GTLL 1month accumulation 426,916,049 shares?

https://www.barchart.com/stocks/quotes/GTLL/technical-chart?plot=CANDLE&volume=total&data=I:240&density=H120&pricesOn=1&asPctChange=0&logscale=1&im=240&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50);OBV&sym=GTLL&grid=1&height=210&studyheight=100

No idea what happens if/when 3.4 billion share retirement?

We shall see. I have no clue about the following:


From Yahoo finance GTLL conversations ( I know I know. Use or Lose)

NoahNoahyesterday
Both global technologies and BBIG both share several subsidiary companies. The one subsidiary, which is the most valuable is markets on Main. This company has a licensing agreement with global technologies and is quite valuable to the strategy set forth by BBIG. It makes perfect financial sense to merge the two companies together in the following manner;
As soon as litigation is complete with global technologies they will most likely do a stock swap Merger. I’ve been crunching numbers and I think it’s going to be 150 shares of GTLL and exchange for one share of the BIG.
What happened last February was that GTLL chose to litigate the current case against the outstanding 3.4 billion shares first. This was an effort to increased the stock swap Merger from 500 shares of GTLL for one share of be VIG to the current estimate of 150 shares to 1. I may be off on the numbers but I am not off on the type of merger and the fact that these two companies will be one.
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Reply1
Noah
Noahyesterday
Please refrain from commenting if you have no idea what you’re talking about. The previous management and CEOs disbursed over 3 million shares to shell companies in an effort to line their own pockets. The current CEO, Jimmy Wayne Anderson Global Technologies, he’s cleaning up his predecessors financial irregularities in an effort two reestablish credibility. He has brought the current financials up-to-date and within the requirements of the SEC. although these outstanding shares currently in litigation or not on the open market they will be retired indefinitely and completely off the books as restricted shares.
Once these goals are met I believe that the company was previously in negotiations for a merger with BBIG. They can commence forward with that merger once the books are cleared and this case is complete.
Companies cannot merge if one or both of them are in a current litigation process as per SEC regulations. These are the facts.

https://finance.yahoo.com/quote/GTLL/community?p=GTLL