InvestorsHub Logo

bucks2pennies

03/21/24 8:28 AM

#21156 RE: canthelpit #21155

GTCH will not issue any R/S. Quite sure of that. BUT we will get one anyway! How is that you might ask. Well, it will occur when GTCH shares are converted to the BUYER'S shares!

I mentioned earlier that whoever the buyer will be, IT WILL BE A CURRENTLY LISTED COMPANY. Depending on whom that may be, GTCH shares conversion will undoubtedly be.a conversion factor that is quite high, i.e, a thousand share of GTCH for 1 share of company X.

That conversion ratio, not initially presented in the announced PR of the buy, will be TBD, reduced given how actual retail buys dictate when the initial announcement is made. GTCH shares COULD be in the pennies! The conversion factor would be based on that actual pricing.... OR

The announcement WOULD in fact dictate what the company would be willing to pay for each O/Ss.

Hell, who knows. I do feel GTCH shares ARE extremely undervalued RIGHT NOW!