Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Commenced Operations of Its #ECommerce
Platform; #Artificialintelligence
GBT Presents its First Two Weeks of Sales
West
Hollywood, CA, March 14, 2022 - (Investorideas.com
Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), which
entered into a revenue sharing agreement with a third party is testing its AI
platform – AVANT- AI (https://www.avant-ai.net/)
to identify opportunities with respect to e-commerce sales through the world’s
biggest online retail platform. The
testing under the revenue sharing agreement commenced on March 1, 2022.
Read
this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/03141E-Commerce.asp
The
e-commerce platform can be used via the following link:
https://www.amazon.com/s?me=A21C579I9MM2U0&marketplaceID=ATVPDKIKX0
Since
March 1, 2022, the Company through the revenue sharing arrangement sold 360
items generating sales of $73,423.99 representing an approximate average of $203.96
per item/order. The sales breakdown for said the relevant two weeks are as
followings:
|
Date |
Units Ordered |
Ordered Product Sales |
Average Sales Item/Order |
|
|
3/1/22 |
22.00 |
$ 1,516.82 |
$ 68.95 |
|
|
3/2/22 |
19.00 |
$ 2,533.28 |
$ 133.33 |
|
|
3/3/22 |
12.00 |
$ 1,019.19 |
$ 84.93 |
|
|
3/4/22 |
20.00 |
$ 4,249.13 |
$ 212.46 |
|
|
3/5/22 |
20.00 |
$ 5,825.00 |
$ 291.25 |
|
|
3/6/22 |
25.00 |
$ 4,443.80 |
$ 177.75 |
|
|
3/7/22 |
20.00 |
$ 4,456.01 |
$ 222.80 |
|
|
3/8/22 |
38.00 |
$ 6,782.54 |
$ 178.49 |
|
|
3/9/22 |
41.00 |
$ 10,249.90 |
$ 250.00 |
|
|
3/10/22 |
56.00 |
$ 9,977.41 |
$ 178.17 |
|
|
3/11/22 |
45.00 |
$ 13,337.11 |
$ 296.38 |
|
|
3/12/22 |
42.00 |
9,033.80 |
$ 215.09 |
|
|
Total |
360.00 |
73,423.99 |
$ 203.96 |
|
"We
were pleased to announce this new stream of revenue. As a reminder, we entered
into a revenue sharing agreement for a term through the end of the year with an
option to extend for additional terms. This opportunity may allow us to expand our
operations to different domains, which potentially can complement our products
when and if introduced to the market. Currently, we operate the e-commerce platform
from West Hollywood, California and we are selling currently in the United
States, Canada, Mexico and Brazil” provided Mansour Khatib, the Company’s CEO.
There
is no guarantee that the Company will be successful in researching, developing
or implementing this e-commerce system.
In order to successfully implement this concept, the Company will need
to raise adequate capital to support its operations and, if successfully developed,
the Company would need to enter into a strategic relationship with a third
party that has more experience in operating, selling and shipping. There is no guarantee that the Company will
be successful in any or all of these critical steps.
About Us
GBT
Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com)
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 has assembled a team with
extensive technology expertise and is building an intellectual property
portfolio consisting of many patents. GBT’s mission, 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 any and 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.
Forward-Looking Statements
Certain
statements contained in this press release may constitute "forward-looking
statements". Forward-looking statements provide current expectations
of future events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact. Actual results may
differ materially from those indicated by such forward-looking statements as a
result of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these
factors, actual future performance, outcomes, and results may differ materially
because of more general factors including (without limitation) general industry
and market conditions and growth rates, economic conditions, governmental and
public policy changes, the Company’s ability to raise capital on acceptable
terms, if at all, the Company’s successful development of its products and the
integration into its existing products and the commercial acceptance of the
Company’s products. The forward-looking statements included in this press
release represent the Company's views as of the date of this press release and
these views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.
Contact:
Mansour
Khatib, CEO
press@gopherprotocol.com
GBT Technologies Inc.
(OTCQB:GTCH) is a featured tech stock on
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