First Bitcoin Capital Corp (BITCF)

[stervc]

srm4u, respectfully, with that BITCF intel...

Thanks for posting that. Maybe it's me that is ignorant (LOL) here with BITCF regarding its Authorized Shares (AS). Still, it looks like a total different language than what the market will usually make the effort to learn about. I hope I'm wrong because I would love for this to move to some significant levels, but the company needs to deliver some clarity for such because it looks like they absolutely don’t need as many shares for their AS if their last reported number for their Outstanding Shares (OS) is truly 303,430,272 shares.

It looks like they could reduce the AS down to 500,000,000 shares or so in regards to being enough for the purpose of their Common Shares. Then maybe it’s possible to create/register a subsidiary to capture those 20,697,000,000 shares in the AS that is used for Bitcoin shares to be mined.

In my opinion, they need to explain that in English in a PR or something so that the market would get it. Then put such explanation on their website (if it's not already there). From the basic investor point of view, the management has to see how most investors are not going to get that and are only going to see an AS of 21 Billion and believe that those shares were created to be issued for Common Shares purposes when it looks like they’re not. Investors within the market will see those 20,697,000,000 shares as the potential amount of shares authorized and available to have dumped on shareholders into the market.

Hopefully it’s just me and that the rest of the market gets it because 303,430,272 shares is a solid OS for BITCF.

v/r
Sterling