If you are currently looking into the possibility of getting into tech stocks then it might be a great idea for investors to perhaps take a closer look at the GBT Technologies Inc (OTCMKTS:GTCH) stock. As it happens, the company has actually come into focus in a big way this morning among investors after it made an announcement with the filing of a patent.
The company announced that it had submitted a non-provisional patent application to the United States Patent and Trademark Office. The patent in question is meant for protecting the advertisement systems, media, and methods related to some artificial intelligence-based concepts.
The exact nature of the patent is meant to provide protection to the artificial intelligence-powered technology from GBT Technologies that can embed advertisements onto images and text. The actual application had been filed by the company on April 19.
It was a significant announcement from the company since it seeks to protect a unique technology that might eventually go on to become an important product for GBT Technologies in the long run. The company believes that the technology does have the potential to create a considerable difference in the media industry. Hence, there seemed to have been a certain degree of optimism with regard to the filing of the patent.
While the announcements were fairly positive in nature, it is necessary for investors to keep in mind that GBT Technologies also provided a key disclaimer. It noted that there were no guarantees that the whole thing is going to be successfully developed by GBT Technologies or whether even the patent was going to be granted.
To that end, the company would need to make considerable efforts to raise capital so that they can implement the whole thing and make headway towards the development of the product.