Sunday, December 17, 2017 3:24:31 PM
"We may acquire businesses and enter into joint ventures that will expose us to increased operating risks.
As part of our growth strategy, we intend to enter into joint venture arrangements intended to complement or expand our business and will likely continue to do so in the future..."
Then on page 23 it says:
"Any future merger or acquisition effected by us would result in the issuance of additional securities..."
The fact that CRCW has now initiated a forward split could mean that this merger or acquisition is already in progress. Notice it goes on to say that the merger or acquisition would also result in "substantial dilution in the percentage of our common stock held by our then existing stockholders."
IMO, this points to a soon to be stock acquisition or share exchange that will add more shares into the CRCW float post split.
1st we have the CRCW forward split resulting in the issuance of additional securities. Here we have additional shares issued but the percentage owned by each shareholder stays the same.
2nd we could soon see a merger or acquisition that will issue additional shares and lower the percentage owned by each CRCW shareholder. This wouldn't necessarily be bad for current CRCW shareholders but will increase the needed liquidity.
$RMRK-CRCW$
http://app.quotemedia.com/data/downloadFiling?webmasterId=101803&ref=11893101&type=HTML&symbol=CRCW&companyName=Crypto+Company+%28The%29&formType=10-Q&formDescription=Quarterly+report+with+a+continuing+view+of+a+company%27s+financial+position&dateFiled=2017-11-14
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