GBT Technologies abandons previously authorized reverse stock split

GBT Technologies Inc.

Board determined the 1-for-500 reverse stock split is not needed and will not be pursued.
On Oct 12, 2023, Company amended Articles to increase authorized common shares to 30,000,000,000.
Reverse split authorization was originally approved by stockholders in July 2022 and set to expire Dec 31, 2023.

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