GBT settles multiple lawsuits with RWJ Parties and Petrey; cases dismissed with prejudice

GBT Technologies Inc.

Settlement resolves all known/unknown claims; lawsuits in NV and CA courts dismissed with prejudice.
Blocked account of ~$19,809.55 to be split 50/50 between RJW Parties and Company.
Company pays $40,000 to RJW Parties; assigns InComm Proceeds with 90% to Company, 10% to RJW.
Company previously committed to assign InComm Proceeds to a third party; now issues escrow release request.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.