#RareEarth #Stock News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) announces Eight Core Drill Holes Assay Results from Wicheeda Project; @defensemetals

#RareEarth #Stock News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) announces Eight Core Drill Holes Assay Results from Wicheeda Project; @defensemetals

 

Vancouver, British Columbia – January 18, 2023: Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce Rare Earth Element (“REE”) assay results from an additional eight core drill holes, totalling 2,104 metres (“m”), completed during 2022 at its 100% owned Wicheeda REE Deposit. These assay results are from two exploration, three resource delineation, and three pit slope geotechnical core drill holes, one of which (hole WI22-73) returned the second longest REE-mineralized intercept of the 2021 and 2022 Wicheeda drilling campaigns (10,859 metres in 47 core holes).

 

Read this news, featuring DEFN in full and see images at https://www.investorideas.com/news/2023/mining/01181DEFN-Wicheeda-Project.asp

 

Pit slope geotechnical drill hole WI22-74 (-65^o dip at azimuth 139^o) drilled into the south pit wall intersected high-grade mineralized dolomite carbonatite that assayed 3.77% total rare earth oxide (“TREO”) over 30 metres (“m”) from surface and 2.52% TREO over 59 m at mid-hole depths, within a broader zone averaging 2.03% TREO over a 192 m interval (see Table 1 and Figure 1).

 

Resource delineation drill holes WI22-71 (-50^o dip at 163^o azimuth) and WI22-73 (-60^o dip at azimuth 134^o) drilled within the central area of the deposit similarly intersected mineralized dolomite-carbonatite, from surface, assaying 2.83% TREO over 66 m and 2.35% TREO over 81 m, respectively; within broader mineralized zones yielding 1.47% TREO over 207 m, and 1.42% TREO over 222 m, respectively (see Table 1 and Figure 1).

 

Resource delineation and pit slope geotechnical drill holes WI22-76 (-55^o dip at 242^o azimuth) and WI22-77 (-70^o dip at 348^o azimuth) returned moderate-grade, mixed syenite-xenolithic dolomite carbonatite intervals from the northern limit of the Wicheeda Deposit and north pit wall that assayed 0.64% TREO over 151 m; and 0.67% TREO over 76 m, respectively (see Table 1 and Figure 1).

 

 Kristopher Raffle, P.Geo., Director of Defense Metals and a Qualified Person stated:

“We are excited to be nearing the release of our final drill results from a very successful year of drilling. It’s very telling that one of our geotechnical drill holes not only gave us important data about future open pit slope design, but also yielded one of the best drill intercepts of our 2021 and 2022 drill programs. Following the receipt of assays from our two remaining geotechnical drill holes, we will update the Wicheeda mineral resource based on more than 10,000 metres in the 47 drill holes Defense Metals has completed post-PEA. We firmly believe Wicheeda is one of the best rare earths projects globally and we eagerly look forward to advancing the project during 2023.”

High-wall pit slope geotechnical drill hole WI22-75 (-60^o dip at 110^o azimuth), collared 100 m east of the Wicheeda Deposit, and greenfield exploration drill holes WI22-65 (-60^o dip at 140^o azimuth) and WI22-66 (-60^o dip at 140^o azimuth), which targeted REE soil geochemical anomalies 500 m southwest and 1,000 m northwest of the Wicheeda Deposit, did not return significant REE mineralization.

Table 1. Wicheeda REE Deposit 2022 Diamond Drill Intercepts[1]

Hole ID	From (m)	To (m)	Interval (m)	TREO[2] (%)	Ce2O3 (%)	La2O3 (%)	Nd2O3 (%)	Pr2O3 (%)	Sm2O3 (ppm)	Gd2O3 (ppm)	Eu2O3 (ppm)	Dy2O3 (ppm)	Tb4O7 (ppm)	Ho2O3 (ppm)
WI22-71 (163/-50)	3.5	210	206.5	1.47	0.72	0.48	0.18	0.06	203	99	43	31	9	4
including	3.5	69	65.5	2.83	1.38	0.96	0.32	0.11	327	147	66	36	12	4
WI22-73 (134/-60)	2.3	224	221.7	1.42	0.69	0.46	0.17	0.06	203	100	45	35	10	5
including	2.3	83.5	81.2	2.35	1.14	0.80	0.26	0.09	281	123	57	34	11	4
WI22-74 (139/-65)	2.5	194	191.5	2.03	0.99	0.68	0.23	0.08	247	111	50	30	9	4
including	2.5	32.5	30	3.77	1.83	1.33	0.39	0.15	342	144	68	38	12	4
and	59	115.8	56.8	2.52	1.22	0.87	0.27	0.10	279	120	55	30	10	4
WI22-76 (242/-55)	125	276	151	0.64	0.31	0.20	0.08	0.03	104	60	27	27	7	4
WI22-77 (348/-70)	16.5	93	76.5	0.67	0.32	0.20	0.09	0.03	160	104	44	45	11	6
Previously Reported
WI22-62 (204/-50)	93	260	167	1.39	0.68	0.43	0.18	0.06	222	101	43	29	9	4
including	121	169	48	2.29	1.13	0.72	0.29	0.10	316	123	54	22	9	2
WI22-63 (204/-60)	148	187	39	2.29	1.12	0.79	0.25	0.09	246	120	47	26	9	3
including	175	184	9	5.08	2.45	1.84	0.52	0.19	472	215	91	49	17	5
WI22-64 (204/-65)	77	269.3	192.3	1.78	0.86	0.58	0.22	0.08	230	116	51	34	10	4
including	77	150	73	3.13	1.51	1.06	0.37	0.13	353	156	71	30	12	3
WI22-67 (197/-60)	30.7	137	106.3	2.53	1.22	0.87	0.28	0.10	307	149	66	36	13	4
including	41	100	59	3.42	1.65	1.19	0.37	0.14	381	184	80	40	16	4
WI22-68 (220/-55)	109.4	233	123.6	3.58	1.69	1.29	0.38	0.14	376	160	71	35	12	3
including	212	230	18	6.70	3.11	2.50	0.71	0.27	619	260	111	47	18	5
WI22-69 (230/-50)	93	314	221	2.14	1.02	0.74	0.24	0.09	260	126	56	36	11	4
including	93	204	111	3.52	1.68	1.25	0.37	0.14	390	181	81	45	16	5
WI22-70 (234/-55)	117	230	113	2.50	1.20	0.84	0.29	0.10	352	180	74	58	17	7
WI22-72 (167/-70)	3	125	122	2.56	1.25	0.85	0.29	0.11	308	139	63	40	12	5
including	3	58	55	3.02	1.47	1.02	0.34	0.12	345	135	69	34	12	4
and	125	222	97	0.90	0.44	0.27	0.12	0.04	152	80	35	30	8	4

 

 

 

 

Geotechnical drill hole data collected will support future pre-feasibility level mine planning studies (see Defense Metals’ news release dated May 24, 2022). The 2022 Wicheeda REE Deposit resource delineation and pit slope geotechnical drill program comprised 18 core drill holes totalling 5,510 m (~18,077 feet). Assay results have been announced for a total of 16 holes to date, with results of the remaining two holes expected shortly.

 

About the Wicheeda REE Property

 

The 100% owned, 4,262-hectare (~10,532-acre) Wicheeda REE Property is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. The Wicheeda project is readily accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, gas pipelines, the Canadian National Railway, and major highways.

 

The 2021 Wicheeda REE Project Preliminary Economic Assessment technical report (“PEA”) outlined a robust after-tax net present value (NPV@8%) of $517 million and an 18% IRR[3]. This PEA contemplated an open pit mining operation with a 1.75:1 (waste:mill feed) strip ratio providing a 1.8 Mtpa (“million tonnes per year”) mill throughput  producing an average of 25,423 tonnes REO annually over a 16 year mine life. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

 

Methodology and Quality Assurance/Quality Control

 

The analytical work reported on herein was performed by ALS Canada Ltd. (“ALS”) at their Langley (sample preparation) and Vancouver (ICP-MS fusion), B.C. facilities. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Defense Metals and the QP. Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. A 0.1-gram sample pulp was then subject to multi-element ICP-MS analysis via lithium-borate fusion to determine individual REE content (ME-MS81h). Defense Metals follows industry standard procedures for the work carried out on the Wicheeda Project, with a quality assurance/quality control (“QA/QC”) program. Blank, duplicate, and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Defense Metals detected no significant QA/QC issues during review of the data.

 

Qualified Person

 

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of Defense Metals and a “Qualified Person” (“QP”) as defined in NI 43-101. Mr. Raffle has verified the data, which included a review of the sampling, analytical and test methods underlying the data, information and opinions disclosed herein. 

 

About Defense Metals Corp.

 

Defense Metals Corp. is a company focused on the development of its 100% owned Wicheeda Rare Earth Element mineral deposit, located near Prince George, British Columbia, Canada, that contains metals and elements commonly used in in green energy, aerospace, automotive and defense technologies. Rare earth elements are especially important in the production of magnets used in wind turbines and in permanent magnet motors for electric vehicles.  Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

 

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

 

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, drill results including anticipated timeline of such results/assays, the Company’s plans for its Wicheeda REE Project, expanded resource and scale of expanded resource, expected results and outcomes, plans to complete a PFS, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed drilling results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

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[1]The true width of REE mineralization is estimated to be 70-100% of the drilled interval.

[2]TREO % sum of CeO₂, La₂O₃, Nd₂O₃, Pr₆O₁₁, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃ and Ho₂O₃.

[3] Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).

#Data, #Security and #Privacy #Stocks in the News (NASDAQ: $SFET) (NASDAQ: $SPLK) (NASDAQ: $ZI) (NYSE: $SNOW) @SafeTGroupltd @splunk @SnowflakeDB @ZoomInfo

#Data, #Security and #Privacy #Stocks in the News  (NASDAQ: $SFET) (NASDAQ: $SPLK) (NASDAQ: $ZI) (NYSE: $SNOW) @SafeTGroupltd @splunk @SnowflakeDB @ZoomInfo

 

Vancouver, Kelowna, Delta, BC - January 18, 2023 - Investorideas.com, a leading investor news resource covering data extraction and data cloud stocks releases a special report on the growth of the industry featuring Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET).  As more industries become connected to wireless and wired networks, not only does data storage and management become important, but also data extraction and sorting as more and more companies utilize these new technologies to scale up productivity and efficiency.

 

Read this article, featuring SFET in full at https://www.investorideas.com/news/2023/defense/01181Data-Security-Privacy.asp

 

Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET), a global provider of cybersecurity and privacy solutions to consumers and enterprises, recently announced that NetNut Ltd, the Company's wholly owned subsidiary and enterprise privacy network unit, is expanding its presence into the price comparison market with new customers from the travel sector that operate price comparison websites (PCW).

 

These new customers will be utilizing NetNut’s solutions to improve their price comparison capabilities and offer their users seamless and competitive business analysis and increased productivity. These new partnerships will allow NetNut to tap into the growing PWC marketplace and further establish itself as a leading provider of proxy solutions.

 

"We are pleased to partner with new customers in the price comparison website market, as it allows us to further strengthen our presence in the travel industry, a competitive market for our customers. We are confident that our solutions will provide our customers with valuable benefits, allowing them to offer their users an efficient and competitive experience," said Shachar Daniel, Safe-T's Chief Executive Officer.

 

NetNut recently announced it has doubled its usage volume and processed over 36 billion customer's requests. The sharp increase in volume is a result of the onboarding of several strategic customers, as well as the expansion of NetNut's network and its ability to process billions of requests.

 

A recent news piece from MarketWatch discussed Safe-T Group’s record earnings stating that, “When it comes to Wall Street valuing companies, share prices are often imperfect representations of a company's performance – even more so in low-float companies where small trades can induce significant change. That appears to be the case with Safe-T Group Ltd., a global provider of cyber-security and privacy solutions to consumers and enterprises. Of course, calling the SFET share price imperfect needs supporting evidence. Fortunately, SFET provides plenty. Last month, the company reported what many in the current economic client can't: record-setting profits. In fact, its Q3 earnings were more than record-setting; they showed that SFET is in hypergrowth. Specifically, revenues for the three months that ended September 30, 2022, scored a record $4,812,000, an increase of 42% compared to last year. Growth was even more substantial on a nine-month comparison, with SFET posting a record level of $13,610,000, an increase of 109% from the same period in 2021. By the way, both of these measures exceeded guidance.”

 

The article continued, “Top-line growth isn't the only number that should be earning investors' attention, however, as SFET’s bottom line numbers are equally impressive. There, gross profit for the nine months surged by 143% to $7,360,000 over last year's comparable. For the three months ending September 30, gross profit scored $2,627,000, 47% higher than the previous year's period. The even better news is that investors should expect the bullish momentum behind SFET's growth to continue, a product of operating expense reductions that already resulted in a 25% reduction in net loss and a 30% decrease in Adjusted EBITDA Loss in Q3 compared to the second quarter of 2022. That shows what investors like to see: consecutive quarterly improvements.”

 

Data management and extraction continues to be validated, not only by the consumer market and their demands, but also with regards to global change. Splunk Inc. (NASDAQ:SPLK), the data platform leader for security and observability, last month released its second annual Global Impact Report. The report details the company's progress across four areas that matter most to Splunk and its stakeholders - social impact, ethical and inclusive growth, data responsibility and environmental sustainability.

 

"We believe that purpose-led impact work drives business growth and success benefiting our customers, stockholders and communities," said Scott Morgan, SVP, Chief Legal Officer, Global Affairs for Splunk. "We are proud of our progress in these areas and inspired by our customers and others, who count on us to help create resiliency in their digital operations and interactions. Splunk is committed to embedding important impact initiatives into our decision making and operations to create a more successful business and better world through bridging the data divide."

 

The 2022 Global Impact Report underscores Splunk's dedication to building and maturing its programs and initiatives, powered by and in service to the vision, passion and expectations of its customers, stockholders, employees and other stakeholders. Below are top highlights across the company's four-pillar Global Impact Strategy.

 

In FY22, Splunk launched the Splunk Strategic Giving program, providing over $1 million in unrestricted grants to nonprofit partners aligned with its mission to bridge the data divide- the division between those who have access to data and those who do not. One such recipient is TechVets, a U.K. nonprofit and programme in the Forces Employment Charity that helps veterans navigate the transition out of the military and into new civilian careers in technology. Splunk's funding and free technical training through its workforce development program enables TechVets to provide no-cost access to Splunk courses and certifications.

 

The Environmental Sustainability pillar of Splunk's Global Impact Strategy aims to identify, measure and reduce the environmental impacts of company operations by focusing on climate change, resource efficiency and environmentally-preferred purchasing.

 

In FY22, Splunk announced its intent to achieve net zero greenhouse gas emissions by 2050, as well as a commitment to set a suite of shorter-term science-based targets. Splunk's Global Impact Report provides a progress update of the company's Global Climate Resilience and Innovation strategy work to develop a net zero transition roadmap and set a suite of science-based emissions reduction targets.

 

One recent report titled, “Data Extraction Market Size, Share, Cost Structure Analysis And Forecast To 2030”, discussed what is driving the trend towards better data management and functionality. The article stated that a “Surge in adoption of big data and business analytics software by multiple organizations and need for dedicated storage systems for growing volume of data across the globe drive the growth of the market. In addition, numerous benefits provided by data extraction software fuels the market growth. Moreover, growing concerns regarding the quality of data and complexity in extracting data from various sources hamper the growth of the market. Furthermore, growth in adoption of AI in data extraction and emerging trends of adopting virtual data warehousing are anticipated to provide lucrative opportunities for the market expansion during the forecast period.”

 

Snowflake Inc. (NYSE: SNOW), the Data Cloud company, announced last year at its Snowday 2022 event, the final San Francisco stop on its Data Cloud World Tour, that they have seen continued growth across the Data Cloud ecosystem, driven in part by Snowflake’s cloud, data provider, services, technology, and Powered by Snowflake partners, alongside its customers.

 

Launched over two years ago, the Snowflake Partner Network continues to serve as the engine that fuels the growth of the Data Cloud ecosystem, unlocking the potential of the Data Cloud with a broad array of solutions, applications, and partners that help mobilize the world’s data.

 

"Together, Deloitte and Snowflake are supporting customers end-to-end through their data mobilization journeys," said Frank Farrall, Principal – Data and AI Alliances Leader, Deloitte Consulting LLP. "Our alliance with Snowflake allows us to be part of the process of helping to redefine the market for data technology, empowering our joint clients to achieve their digital innovation goals and unlock business value at scale."

 

 

"Earlier this year, Capital One entered the enterprise B2B software market with the launch of Capital One Software and our first product, Slingshot," said Salim Syed, VP and Head of Engineering, Capital One Software. "We chose to develop a Slingshot app for Snowflake Marketplace to further enhance the Slingshot customer experience and increase the time to value for our joint customers. The ease at which consumers can securely install and run applications directly in their Snowflake instances is of huge value to those building applications in Snowflake."

 

ZoomInfo Technologies Inc. (NASDAQ: ZI), a global leader in modern go-to-market software, data and intelligence, announced earning 29 No. 1 rankings across 87 grids in the G2 Winter 2023 Grid® Reports, setting a company record for top rankings and expanding its leadership in Enterprise categories.

 

Overall, the company received 198 awards in the G2 Winter 2023 reports, which also include G2’s Momentum Reports and Index Reports. ZoomInfo’s products secured No. 1 rankings in Buyer Intent Data, Sales Intelligence, Market Intelligence, Marketing Account Intelligence, Account Data Management, Lead Intelligence, Email Verification, Data Quality, and 21 other categories.

 

"ZoomInfo continues to expand the number of best-in-class functions inside our innovative platform to help revenue teams go to market," ZoomInfo Founder and CEO, Henry Schuck said. "We’re especially proud of how our products power enterprise businesses worldwide."

 

The Winter 2023 Grid® Reports are based on G2’s unique algorithm, which calculates customer satisfaction and market presence scores in real time, based on user reviews and data aggregated from online sources and social networks. ZoomInfo’s high placement in these categories underscores how best-in-class data feeds every step of a sales and marketing professional’s workflow.

 

It becomes clear that the future of many, if not all industries, will slowly become powered by one or the other of these data ecosystems and that this will become more and more of a necessity as technology continues to change the face of competition. Soon you may not even need to read these articles as a “powered by” app may provide a better understanding of market research by simply data scraping the news for you.

 

 

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Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Intellectual Properties Portfolio Update; #ArtificialIntelligence

 

 

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Intellectual Properties Portfolio Update; #ArtificialIntelligence

 

Santa Monica, CA, January 18, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is pleased to provide  an update about its Intellectual Properties (“IP”) portfolio:

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/01181Intellectual-Properties-Portfolio.asp

 

In April 2020, GBT was forced to make the decision of changing the Company’s direction by developing a portfolio of intellectual property within the area of microchips technology and design*). The years 2019 and 2020 were compounded with recuring legal issues and COVID-19 restrictions creating extremely difficult times and challenges. GBT focused on its core competency in the area of Research & Development (“R&D”) creating an IP portfolio combined of patents, trade secrets and prototypes further defining GBT’s new mission.

 

GBT is now developing IP in areas which will leverage its competencies and experience with the goal of diversifying in various fast-growing semiconductor industries in today’s leading, growing market segments.

 

GBT currently holds 10 patents and has 25 submissions within in the following domains: tracking, 3-D Microchip Design (semiconductors), EDA Software Tools and subsets with, cyber security, ID, telehealth, AI, computer vision, IoT, mesh networks and sectors which it believes are in demand. The Company has been delivering a steady stream of new IPs for portfolio expansion developing new ideas and successful patents, over the past two years.

 

In 2020, GBT set a milestone goal of 25 patents by the end of 2023, and it exceeded the original timeline already. The following graph will visualize the progress GBT has made on the IP side.

 

Going forward, GBT will focus on expanding the families of various patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, one that will potentially diversify the risk within these areas:

 

1. Build a portfolio pipeline of IP related to microchip technology.
2. Seek to actively introduce this new technology to strategic partners, large companies and VC’s creating market opportunities.
3. Using market diversification to create access to new fields and future growth.

 

 

GBT Technology Inc IP Portfolio information

 

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 ability 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:

Mansour Khatib, CEO
press@gopherprotocol.com

 

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

 

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*) As disclosed in the Company’s Form 8-K Current Report filed March 2, 2020, and in subsequent filing with the Securities and Exchange Commission, Discover Growth Fund, LLC (“Discover”) has asserted that it has sold all the Company’s assets** including potentially the assets, or some of it discussed in this Press Release letter. The Company is pursuing various legal remedies challenging Discover’s position that is has sold the Company’s assets of which there is no guarantee the Company will be successful in such challenge.