StockWireNews
Could (GTCH) Be On The Verge Of A Major Reversal Based On Recent Big News And Triggered Technicals?
March 23rd
Good Afternoon,
The market is closed so let's dig in...
Teck stocks have been major gainers in recent years and can show potential unlike many other companies.
Take a look at Amazon, Apple, and Microsoft for an example.
Sure, they all started from no-namers to rise as the cream of the crop, but even during the last several years have posted significant growth.
Amazon has grown from the $600+ range to over $3K in the past 5 years.
During the same stretch, Apple has moved from the $20 range to over $120 currently.
Microsoft has surged from under $50 to over $230 at close on Monday in just 5 years.
Long story short... Tech companies can be major movers if they are able to produce the type of products that catch on as everyday essentials.
Knowing the potential upside in tech profile ideas, I've been eyeballing a company that could be ready to make their presence known on the big stage.
This company has a focus on creating a portfolio that will have key relevance within the IoT (Internet of Things) market.
The IoT market is set to reach a level of $1.4Tn by 2027, up from $250Bn in 2019.
Furthermore, one of this company's main focuses is on obtaining FDA clearance for a product that could be a true game-changer.
The medical devices market is expected to recover and grow at a CAGR of 6.1% from 2021 and reach $603.5Bn in 2023.
This is because as mentioned, beyond 2020, an increase in the incidences of infectious and chronic diseases will drive the market growth.
Because of these growing markets and potential catalysts, there is only one profile to have on your watch-list for Wednesday, March 24th:
*GBT Technologies Inc. (GTCH)*
GBT Technologies, Inc. is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance.
GBT’s mission is to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS).
GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide.
GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.
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Right now, this profile has 5 potential catalysts to know ahead of Wednesday's opening bell. They are:
Your No. 1 GTCH Potential Catalyst
GBT’s Commences Smartphone Mobile Application Infrastructure Development For qTerm
SAN DIEGO, March 09, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) is developing a smartphone mobile application infrastructure for the GBT Tokenize’s qTerm device, targeted to work with long-range radio systems.
Upon development, a future generation of the qTerm will be targeted to connect with a long-range mobile unit via Low Energy Bluetooth, transmitting a user’s vital information. The development of the radio system contemplates sending the data to a base unit, and repeaters, if necessary. It is contemplated that the data will be then transferred to the AI system through a backend program. The backend program will be also responsible to communicate the data to a mobile application (iOS and Android) and a web application, maintaining full synchronization. It is the goal to have this entire communication process will be secured within the radio and internet channels including advanced encryption protocols. GBT Tokenize’s qTerm is aimed to measure human vitals with a touch of a finger. The device will be accompanied by a smartphone app and synchronized web application to keep a history and provide analytics for user's records. The development contemplates the device providing a geographical location which can be essential in case of alerting emergency response services. The company is aiming qTerm for telemedicine including remote locations where conventional communication services are not available. The mobile application architecture is aimed to identify the user’s location, with or without the use of GPS, working with the long-range radio. Users will be able to send vitals via qTerm mobile application, including their geographical location, and communicate via audio using the radio system anywhere around the globe.
GBT Tokenize expects to complete an improved version of qTerm hardware by May 2021 and to start incorporating its smartphone mobile application infrastructure. Initial testing with long-range radio prototype is expected to start by August 2021. The company plans to perform a series of testing of the fully integrated system as a comprehensive telemedicine solution by the end of the year.
There is no guarantee that the Company will be successful in researching, developing or implementing this research. In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.
Read the full article here.
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Your No. 2 GTCH Potential Catalyst
GBT Researching Remote Operated Robotics Technology for Medical Applications
SAN DIEGO, March 02, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is continuing its research with AI based, robotics technology for the medical field. The research is now focused on remote operation robotics for use in medical procedures. Remote controlled robots, using mechanical arms are aimed to assist surgeons providing significant advantages when it comes to delicate surgeries and procedures. A surgeon may operate a robotic mechanism using a remote computer or a console. The advantage of using a robotic system is producing high precision incisions and procedures that are much harder to be done by a human hand. Extremely small movements and accurate tissue removal within small areas, can be efficiently achieved using AI based computer program that is controlling a robotic arm. The research will focus on developing precise algorithms for robotic movements within small regions along with machine vision procedures as the guiding “eyes.”
“As part of our ongoing AI based robotic research program we are now investigating into remote operated robotics for medical purposes. For the past decade we have witnessed a significant development in the field of robotic systems for the medical field in a wide verity of domains. Mechanical robotic arms along with algorithmic control software are emerging for complicated surgeries and procedures. Due to the advantage of high precision movements and accurate organs identification, robotic systems are becoming a common operating rooms equipment to assist surgeons and physicians with diagnostics and surgeries. An example for preventative diagnostic procedure is a colonoscopy where a machine vision can be of a great assistance to view and analyze objects for suspicious abnormalities. We believe this type of procedure can be done via a remote-controlled robotic system, supervised by a surgeon. The robotic system is aimed to be surgeon operated via a remote computer program or a console performing minimally invasive procedures. We believe the combination of machine vision as the system’s eyes and a high accuracy mechanical control can create a whole world of possibilities for research and development of efficient medical, AI based, robotic applications. We are excited to conduct this research which we consider as the forefront of medical robotic technologies, introducing better health care possibilities for patients and surgeons,” stated Dr. Rittman the Company’s CTO.
There is no guarantee that the Company will be successful in researching, developing or implementing this research. In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.
Read the full article here.
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Your No. 3 GTCH Potential Catalyst
GBT Researching a Development of a Radio Based Computer Vision System For Cardiovascular Applications
SAN DIEGO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is researching the potential development of a radio based computer vision system to be guided by AI for cardiovascular applications. This is the first phase of the research to evaluate an autonomous arterial clog cleaning mini-probe. A typical computer vision system has the ability to recognize objects via a camera’s imaging which is combined with a computer vision algorithm to process and interpret the image’s data. GBT is researching to the potential design of a new approach vision system, which would be radio based. When a transmitted electromagnetic wave (radio wave) encounters a change in medium, some or all of it may propagate into the new medium and the remainder is reflected.
The part that enters the new medium is called the transmitted wave and the other the reflected wave. The probe will include an on-board radio transmits and receive (transceiver) system. The design contemplates the probe transmitting and receiving radio waves and a neural network program used to analyze this data to construct a 3D image of the probe’s environment as it moves within arteries. The research is considering an AI system that will detect and identify clogs within arteries, alerting and proposing removal methods. The expected advantage of using radio waves is the capability to penetrate through blood medium, which has poor visibility for a camera-based computer vision system. In addition, it is envisioned that the radio vision will enable to “see” through clogging plaque, measuring its length, width, and type. When cleaning an arterial plaque, it is crucial to clearly identify the artery’s wall and harming plaque to avoid damage to the artery walls, making a clear distinction for safe clogs removal. The research is aiming to use of an intravenous mini-capsule unit that could autonomously travel within an artery, searching for clogs including total occlusions. In addition, radio waves technology will be evaluated to perform a “look-ahead” function that can be of a major assistance in curled arteries cases which are major challenge in the cardiovascular domain. It is expected that an AI based program will perform the necessary calculation to produce a clear image of the clog and its nature. The research will then evaluate whether this information will be used for the further cleaning stage which the system will be carefully removing the clog. In case of a total occlusion, it is envisioned that a clog-drilling option will be evaluated to insert a coronary stent, which is a tube-shaped device placed in the coronary arteries that enables supply blood, keeping the arteries open in the treatment of coronary disease. [*] The system is aimed to offer a capability to be manually remote controlled by physicians or to autonomously operated inside blood vessels. It is intended that an advanced, miniature circuitry with an embedded software will control the unit's operations. The first phase of the research will be focused on a radio-based computer vision system in order to define one of the most important system’s features which is the capsule navigation through blood medium, clogs identification and its distinct, safe removal. We believe that such system can replace invasive procedures like angiogram, catheterization, and heart-bypass surgery.
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There is no guarantee that the Company will be successful in researching, developing or implementing this system. In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.
Read the full article here.
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Your No. 4 GTCH Potential Catalyst
GBT Filed Patent Application for AI Based Facial Recognition Security System
SAN DIEGO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a patent for AI facial recognition system, for computers and mobile devices. The application has been assigned serial number 63147326 and the filing date is February 9, 2021. The deadline for filing a U.S. nonprovisional, PCT, or other foreign applications is February 9, 2022.
The invention is presenting an AI based security system for smartphones and computers. The methods and algorithms learn a user’s facial and body features by one-time user’s training. Based on this information, the system is designed to identify the user with or without a face mask, or any other type of bodily clothing. The patent contemplates a system that can identify user’s facial and body’s changes, like weight gain/loss and similar changes, alerting the user in real time. It is expected that this feature, if fully developed, can be used for a wide variety of purposes. For example, smartphone’s facial unlocking with or without face cover, health watcher, personal clothing design and similar applications. There may also be applications of such technology for security systems for law enforcement and military applications. For example, identifying persons of interest in airports with or without face masks. The patent contemplates a system including an artificial intelligence technology to learn the user’s facial and body features among them are skull size, eyes distance, and bones structure. The patent contemplates that the system will learn the user’s body’s features like skeleton shape, body size, and unique bodily features. Implementations of the described techniques may include hardware, a method or process, or computer software on a computer-accessible medium. The system may also include a mobile application software and server backend programs. For security purposes the user still has the option to enter passcode or fingerprint reading to unlock his/her smartphone, computer and other apparatus. GBT will evaluate to use this technology for a wide variety of applications among them health related device security, network protocols security, surveillance real-time analytics, video’s identification, and law enforcement. The Company will evaluate to incorporate this type of technology within its mobile applications and computer systems.
“The security of our electronic devices has become a major challenge in the past decade as we witness a significant increase in cybercrimes. As we are working on our health monitoring hardware and software technology, we aim to provide the highest level of data security and privacy for our users. Computer vision algorithms are applied directly to the given three-dimensional data that is taken by camera to develop detectors for locally interesting points. We apply vision-based methods to construct 3D object models from full or partial views. We are also introducing algorithms that consider spectral geometric features on structures, recognizing vertexes using stereotypical vision. We measure facial and bodily points distances and transform them into a 3D point figure using internal calibration algorithms. We expect that this process is done once during the user’s training stage. We plan to evaluate further applications for this type of technology like health watcher system, fitness monitoring, airport security and law enforcement,” stated Danny Rittman, the Company’s CTO.
There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent. In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.
Read the full article here.
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Your No. 5 GTCH Potential Catalyst
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