InvestorsHub Logo

Brodey79

07/10/23 4:25 PM

#18749 RE: breynolds #18748

And where would this money come from for buy back?

bucks2pennies

07/10/23 6:36 PM

#18750 RE: breynolds #18748

'more like'. Well, this is more like a buy-back AND an acquisition. A RM!

IF GTCH has operational patents that do as they say (I don't doubt it when the Patent Office provides that patent), then GTCH becomes a target of 'A BIG BOY'. IF one would occur, GTCH would agree to a share swap as a means of being 'acquired' by that BIG BOY. Say, 1 of its shares for every 100, 200...etc. Current GTCH SHs would now own shares of that BIG BOY's shares at the agreed upon price the BIG BOY desired to pay for GTCH outright in accordance with the number of GTCH shares investors now hold.

In reserve, I have no idea what our management has its sights set on. Would they even consider such a proposal? Maybe they intend to disperse their patent assests among many as is hinted with TREN and BNIX. What the hell do I know.