BTCS Inc (BTCS)

[PennystockID2017]

There is so much mis-information being posted. Here is from the filing yesterday.

"The date of this Information Statement is January 4, 2017 and it is first being mailed on or about January ___, 2017. Pursuant to the Nevada Revised Statutes (the “NRS”), the Company is required to provide prompt notice to the shareholders who have not consented in writing.

The mailing has not occurred yet that why this above date is blank.

When will the Reverse Split become effective?

"The Reverse Split will become effective on the date of filing of the Certificate of Amendment to our Charter with the office of the Secretary of State of the State of Nevada and obtaining FINRA approval. However, the Certificate of Amendment may not be filed until at least 20 calendar days after the mailing of this Information Statement."

So 20 days at the least after the mailing date.

What is the mailing date? It has not yet happened.


Furthermore:
"However, if the Company determines that the Reverse Split is no longer in the best interests of the Company and its shareholders, the Company reserves the right to abandon its plans to implement such action, notwithstanding having obtained shareholder approval."