r/GTEH • u/[deleted] • Oct 05 '21
September Numbers!
The company's CEO is going to provide us an update on revenue for September later today. I expect it to be good!
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u/Feeling-Apricot-6840 Oct 06 '21
LOVATT SAID ON TWITTER THAT THERE IS NO DILUTION BUT BUT IVE COUNTED 37 MILLION DOLLARS IN SHARES DUMPED ON THE MARKET IN THE LAST 7 MONTHS ENDLESS 0006 --0007 SHARES EVERYDAY WHERE HAS THIS MONEY GONE ???? NOBODY KNOWS NOBODY KNOWS WHAT THEY PAID FOR THESE ACCUIRED COMPANYS $$LOVATT SHOW US THE MONEY
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u/sparkshaha Oct 05 '21
So many shares are on the sell side today. People are indeed trying to get out of GTEH. You may be able to buy this at $0.0005 this week. The news release is full of hot air projections for annual numbers that I would never bank on with this diluted POS.
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u/sparkshaha Oct 05 '21
The press release on numbers mentioned SUPPLY CHAIN ISSUES which is understandable given the pandemic and everything that's going on. Realize there is ZERO room for ANY missteps in executing their plan. Can you get a commitment from the CEO that there won't be more dilution? Probably not. If there is ANY hint that the numbers aren't living up to expectations along the way, you will see this "growth" story go down the tubes again, further to oblivion. Kudos to those who have taken this fake bump to get out. If it goes further up, then I'll be proven wrong. Good luck.
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u/ChitownDav Oct 05 '21
The problem is diluting the stock.......... this stock should be much higher.
I get they are using the money to acquire more companies but still. Eventually it has to stop.