|GBT Technologies, Inc. ("GBT" and the "Company") is a development-stage company which considers itself a Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence-enabled mobile technology. The Company has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software, and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. GBT envisages this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.