Replies to post #281 on GBT Technologies Inc (GTCH)

[PoemStone]

Drumstick. Be back in a little bit. FXIT properly used stock to finish buying a valuable asset, making it stronger. These things happen all the time. If this were a small endeavor I'd be concerned. My position is we will see growth and good PR's. People who want to leave need to go, makes for stronger hands, they won't sell TOO easily thereby keeping the price lower. If the company doesn't make it at all that is another story. But it will have nothing to do with the goodly purchase price they just assumed. Or, with bashers for that matter.

[EquityTrader]

IMO only for daytrading. Not holding.
$600k is a huge convertible debenture and they can make more money shorting it and covering lower then doing another financing then they can by just getting paid off. Look for it to be much lower at the expiration of the first phase of it.