BTCS Inc (BTCS)

[Handyman4545]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Mar. 24, 2017 5:00 PM
(I'm guessing this event and the previous post, May event are related.)

FORM 8-K

Item 8.01 Other Events.

"On March 21, 2017, BTSC Inc. a Nevada corporation, (the “ Company ”) signed a non-binding term sheet for $1,000,000 with an undisclosed lead investor, in the form attached hereto as Exhibit 99.1, and incorporated herein by reference..."

"The Company shall sell and issue $1,111,111 of Preferred Stock units to the Investors. Each unit will include one share of Preferred Stock, one Warrant and an Additional Investment Right Warrant."

"Amount : The Investors shall deliver $1,000,000 to the Company in exchange for the Company’s issuance and delivery to the Investors of Preferred Stock units. The Company shall issue $1,111,111 of Preferred Stock units to the Investors. Each unit will include one share of Preferred Stock, one Warrant and an Additional Investment Right Warrant."

(see more: https://seekingalpha.com/filing/3474504 )