#AIEye #Podcast 757: #Stocks discussed: (OTCPINK: $GTCH) (CSE: $LQID.C)

 

 

#AIEye #Podcast 757: #Stocks discussed: (OTCPINK: $GTCH) (CSE: $LQID.C)

 

GBT Announces Granting of Sigma Patent Application, and Liquid Avatar’s Aftermath Islands Develops AI-Powered Metaverse Avatars

 

Global #AI in #MedicalDiagnostics Market to Reach $6.77B by 2029

 

Vancouver, Kelowna, Delta, BC – February 14, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

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https://www.investorideas.com/Audio/Podcasts/2023/021423-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/02141GTCH-LQID.asp

 

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (CSE:LQID)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced that its nonprovisional patent application for automatic correction of Integrated Circuits electrical connectivity mismatches (codenamed “Sigma”), is expected to be granted on February 21, 2023. The patent, according to the press release, protects an innovative software approach to automate integrated circuits electrical connectivity discrepancies correction with the goal of accelerating integrated circuits design time and producing higher quality designs, particularly for advanced nanometer range of 5nm and below. Danny Rittman, the company’s CTO, commented:

 

“We already filed patents in the field of geometrical design rule correction, reliability verification and Sigma is in the electrical connectivity area. Particularly in the advanced nodes, the subjects of DRC (Design Rule Check), LVS (Layout vs Schematic), RV (Reliability Verification) and DFM (Design for Manufacturing) are going to become major time-consuming tasks and GBT plans to offer techniques to address these challenges with the goal of providing fast automation solutions. The patent includes AI technology, addressing the mathematical and data challenges, with the goal of quickly concluding efficient solutions.”

 

Aftermath Islands Metaverse Limited, a controlled subsidiary of Liquid Avatar Technologies Inc. (CSE:LQID), has announced its development of AI-powered Non-Player Characters (NPCs) avatars that are subject matter experts for the Metaverse. Leveraging OpenAI’s GPT3, these AI-powered avatars “can naturally converse, initially by text and later by voice interaction with a user.” David Lucatch, CEO of Liquid Avatar Technologies Inc. and Managing Director of Aftermath Islands Metaverse Limited, said:

 

“Artificial Intelligence applications like OpenAI GPT3 provide cost effective opportunities for brands, retailers, educators, travel and tourism operators, governments, and other types of organizations to move from static based information push models to truly interactive capabilities in the Metaverse, creating new and innovative ways to create awareness, engagement, activation and conversion.”

 

 

Global AI in Medical Diagnostics Market to Reach $6.77B by 2029

 

A report published by Exactitude Consultancy finds that the global market for AI in Medical Diagnostics is projected to grow from $632.48 million USD in 2022 to $6.77 billion by 2029, registering a compound annual growth rate (CAGR) of 34.5 percent in the forecast period 2023-29. The following excerpt from the report’s description outlines some factors influencing the market’s growth:

 

Extensive growth in digital health has enabled healthcare providers to assist patients through novel treatment approaches. AI technologies offer doctors tools that help them diagnose and effectively treat patients better. Healthcare providers are increasingly accepting the potential benefits of AI-based solutions and the spectrum of applications it serves. Hence, there is a possibility that in the coming years, doctors and radiologists will be more inclined toward AI-based technologies in healthcare.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

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About GBT Technologies Inc.

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.

 

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Junior #Oil and #Gas #Stock Foothills Exploration, Inc. (OTC: $FTXP) Reports 21-Well Acquisition in Oklahoma; @Foothills_FTXP

Junior #Oil and #Gas #Stock Foothills Exploration, Inc. (OTC: $FTXP) Reports 21-Well Acquisition in Oklahoma; @Foothills_FTXP

 

LOS ANGELES, CA, February 14, 2023  --(Investorideas.com newswire )  Breaking oil and gas stock news - Foothills Exploration, Inc (OTC: FTXP), including its direct and indirect subsidiaries, (“Foothills,” or the “Company”), an oil and gas exploration company focused on delivering the energy needs of today and tomorrow, is pleased to announce that it has acquired certain leases and wells located in Comanche County, Oklahoma.

 

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2023/energy/02141FTXP-21-Well-Acquisition-Oklahoma.asp

 

Oklahoma Oil and Gas Properties

On January 31, 2023, the Company closed on the acquisition of twenty-one (21) shallow oil and gas wells, all located in Comanche County, Oklahoma, situated across four leases. These stripper wells have an average depth of 1,200 feet and primarily produce from the Granite Wash formation.

 

The Company’s return-to-production program on these properties will consist of cleaning out existing wellbores, facility maintenance, electrical work and flowline repair work, which is expected to deliver collective production rates of 20-25 barrels of oil per day for all wells.

 

Return-to-production operations are scheduled to begin immediately and each well is expected to return to production systematically, with new production projected to begin coming online sometime during the week of February 20th. Based on baseline projections and $75 oil prices, the Company expects to generate approximate revenues of $432,000 (after royalties but before field expenses) from these properties over the next 12 months. WHZ Oil & Gas, LLC, an indirect subsidiary of the Company will operate the properties.

 

The Company is currently evaluating several additional oil-weighted properties in the area for potential bolt-on acquisitions. The Company also executed two additional agreements for certain asset acquisitions in Kansas and Oklahoma, which will significantly add to the Company’s total well inventory and reserves.

 

Audit / Compliance Update

The Company’s accounting team and auditors, RBSM, LLP, a PCAOB-registered accounting firm, continue to work through the auditing process and are currently focused on completing audits and review of financial statements up through the period ending December 31, 2022. Meanwhile, the Company is up-to-date with all of its required financial alternative report filings and is OTC Pink current. The Company expects to announce further details on timing with forward guidance regarding recently-completed synergistic asset acquisitions in the coming weeks.

 

About the Company

Foothills Exploration, Inc. (FTXP), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

 

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring FTXP is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#AI #Stock News: GBT’s (OTCPK: $GTCH) Automatic Correction of Integrated Circuits ( #IC) connectivity mismatches patent – Granted; #artificialintelligence

#AI #Stock News: GBT’s (OTCPK: $GTCH) Automatic Correction of Integrated Circuits ( #IC) connectivity mismatches patent – Granted; #artificialintelligence

 

The patent protects design automation concept for Integrated Circuits electrical connectivity errors correction

 

SAN DIEGO, CA, February 14, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), nonprovisional patent application for automatic correction of Integrated Circuits electrical connectivity mismatches, is expected to be granted on February 21, 2023.  The patent number is 11,586,799. The patent protects an innovative software approach to automate integrated circuits electrical connectivity discrepancies correction with the goal of accelerating integrated circuits design time and producing higher quality designs, particularly for advanced nanometer range of 5nm and below. An electrical connectivity mismatch means erroneous wiring between the circuit’s components that may cause a malfunction or wrong functionalities.  Especially in custom, semi-custom analog, mixed and RF layout styles, these corrections must be fixed manually which takes a significant amount of design time, which corrections may have further impact on area growth and introduce additional violations.  

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/02141Automatic-Correction-Patent-Granted.asp

 

GBT’s patent describes an algorithmic systems and methods to perform an automatic connectivity correction with a click of a button. The algorithm reads the integrated circuits (“IC”) schematic and layout data, comparing their electrical connections (wiring) and in case of mismatches, disconnecting the incorrect wires and re-routing them in the proper way.  The goal of the technology is to allow IC design firms to design microchips faster and shortening time to market factor which will create new opportunities. GBT plans to file a series of continuation patents in this field to strengthen the IP protection for this invention.

 

“Our Sigma (Internal Code Name) patent will be granted this month and is the first in an expected series of patents in this domain. We strongly believe in intelligent design automation solutions for the integrated circuit field and plan to file series of patents during the upcoming years. These productivity enhancement inventions aim to significantly reduce microchip’s overall design time and increase their quality and performance by automatically solving tedious, time-consuming verification tasks. We already filed patents in the field of geometrical design rule correction, reliability verification and Sigma is in the electrical connectivity area. Particularly in the advanced nodes, the subjects of DRC (Design Rule Check), LVS (Layout vs Schematic), RV (Reliability Verification) and DFM (Design for Manufacturing) are going to become major time-consuming tasks and GBT plans to offer techniques to address these challenges with the goal of providing fast automation solutions. The patent includes AI technology, addressing the mathematical and data challenges, with the goal of quickly concluding efficient solutions,” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  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. 

 

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 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 because 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:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

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