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BitFrontier Capital Holdings Inc. (BFCH)

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BitFrontier Capital Holdings Inc.  (BFCH)


http://bitfrontiercapitalholdings.com
 


Formerly Purio, Inc (PURO)




Reinstated in Wyoming on 12/14/2017 

https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=092220102197043084188042092211078181116022252140



About BitFrontier Capital:     "BitFrontier Capital Holdings is a blockchain-oriented company focused on the cryptocurrency markets. We plan on expanding operations in the Bitcoin mining industry, and see great potential in this rapidly expanding sector. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the blockchain, and also the means through which new Bitcoins are released."


Last filing before 12/18/17 was in August of 2010


Filing on Merger released 12/20/2017:


https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=184709
 



"On December 13, 2017, the Company acquired all of the issued and outstanding shares of BitFrontier Capital Investments, Inc. All references in the accompanying financial statements and the number of Common Shares issued have been restated to reflect the acquisition."

 


 

"Section 7.01 PURIO Name Change, Ticker Change, A/S Decrease, and Par Value Change


"At or prior to the Closing Date, PURIO shall change its corporate name to BitFrontier Capital Holdings, Inc., change its ticker to BITF or if not available BTCF , a mend its certificate of incorporation to decrease its authorized capital to 17,550,000,000 shares. "


"Of our 12,400,263,104 outstanding shares of Common Stock, 12,000,189,958 bear a restricted legend substantially in the following form “The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended and may not be sold or transferred without registration under said Act or an exemption therefrom”.   


>>  So the AUTHORIZED is being reduced from 49.88B to 17.55B. THIS is a 32 BILLION SHARE DECREASE.
      Additionally, 12 Billion shares are restriced of the new 17.55B AS and 12.40B OS.



Highlights:


"BitFrontier Capital Investments is a blockchain - oriented company focused on the cryptocurrency markets. The Company is planning to build a data - center type warehouse to host/maintain cryptocurrency mining equipment, also known as tran saction verification services. The Company also plans to invest in both private/public companies in the blockchain industry through the use of convertible notes and other debentures."



"Once the Company has built its cryptocurrency mining warehouse, we will be verifying blocks on the blockchain and in return will be paid a piece of the block that the Company successfully solves in the form of cryptocurrency."


 

"Of our 12,400,263,104 outstanding shares of Common Stock, 12,000,189,958 bear a restricted legend substantially in the following form “The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended and may not be sold or transferred without registration under said Act or an exemption therefrom”.   


"At or prior to the Closing Date, PURIO shall change its corporate name to BitFrontier Capital Holdings, Inc., change its ticker to BITF or if not available BTCF , amend its certificate of incorporation to decrease its authorized capital to 17,550,000,000 shares. "



News 1/3/18:  "Purio, Inc. (PURO) Provides Corporate Update on Recent Restructuring and Closes on Merger"

"We are in the final stages of closing on our second merger with BitFrontier Technologies, Inc., and will upload the necessary documents to OTC Markets once the transaction is finalized. Once finalized, BitFrontier Capital Holdings, Inc. (F/K/A Purio, Inc.) will operate two wholly-owned subsidiaries, BitFrontier Capital Investments, Inc. and BitFrontier Technologies, Inc."

"BitFrontier Technologies will primarily engage in cryptocurrency mining with a focus on Bitcoin mining, and intends to have its first facility open mid 2018. We plan to deploy an array of both ASIC and GPU miners."

"1. The Company has no intentions to implement a Reverse Stock Split now, or in the foreseeable future.

2. The Company recently reduced its authorized capital stock by over 32 billion shares, and is exploring options to reduce it further.

3. The Company is currently working on ways to improve its current share structure, including an administrative stop order placed on the 12,000,127,987 shares of Common Stock held by previous officers and control persons. The Company is currently working with its security counsel to verify the issuance of such shares and obtain documentation related to these shares. If documentation satisfactory to the Company and its security counsel is not supplied, or if the Company determines these shares were issued illegally, the shares will be canceled. We intend to provide further updates as they become available in the near future on the status of these shares."




News 1/9/18:  "Purio, Inc. to Receive up to $10,000,000 Investment to Complete its Cryptocurrency Mining Facility"

"The Company intends to up list to the OTCQB once it meets the minimum bid requirements of $0.01 for the previous 30 days. We are currently preparing audited financials for 2017 to prepare for the up list once we meet the requirements and intend to have them completed shortly and posted to OTC Markets."

"Additionally, the company has appointed two more officers who will manage the day-to-day operations at the company’s cryptocurrency facilities, both of whom have extensive knowledge in the cryptocurrency industry. Andrew Karras was appointed to the role of Chief Operating Officer (“COO”) and George Storm was appointed to the role of Chief Technology Officer (“CTO”). The company is very excited to expand its team, and believes these two individuals will help the company tremendously in its cryptocurrency operations."

"The company announced today that it has received an Indication of Interest from Tri-Bridge Ventures in which TBV may purchase common stock equal to a value of up to Ten Million Dollars ($10,000,000) when PURO has qualified the necessary number of shares under Regulation A+ through an offering statement (Form 1-A)."





News 1/30/18: "Purio, Inc. (PURO) Provides 2018 Roadmap for the Development and Buildout of its Cryptocurrency Mining Facilities"

"We are in the final stages of finishing the Regulation A offering which will provide the Company the funds it needs to effectively implement its business plan."

"We have designed a 7,500 square foot warehouse with 1,250 square feet in the back to store electrical equipment and transformers to operate the mining equipment. The middle 5,000 square feet will consist of a hot aisle venting exhaust through the roof and a cold aisle which will pull in fresh air from the outside eliminating the need for costly AC equipment lowering the overall electrical cost to host and operate the mining equipment. The equipment will be stored in 112 network server racks, with 18 miners in each rack for a total of 2,016 miners per facility."

"The current plot of industrial land we are looking to purchase will be able to accommodate 5 of these facilities. If we are able to raise the maximum amount of the Regulation A offering, we will be able to complete four out of the five facilities, with the remaining facility being built soon after with the revenue of the 1st four facilities."

"With all five facilities built, will be able to host 10,080 miners for a total hash rate of 141,120 TH/s consuming approximately 15 MW of electricity."


"With all five facilities at full capacity, the Company will be able to generate revenues of approximately 51 million per year, mining close to 5,000 Bitcoin annually. These numbers are current only as of the date of this press release and will depend upon a number of factors including the price of Bitcoin, electricity costs, the total network hash rate and the block reward. See the disclosure at the end of this press release to see the exact numbers used in this calculation."




You can follow them on Twitter:
https://twitter.com/BitFrontierInc




https://www.otcmarkets.com/stock/PURO/profile






****Disclaimer: Moderators and assistants are not registered financial advisors and may trade in and out of this stock without notice or disclosure. This is a speculative company, trade at your own risk... Moderators and assistants are not recommending this security to buy or to sell and ask others to seek out there own professional investment advisors/counsel and or due diligence before investing.****

 

 

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PostSubject
#24824  Sticky Note $PURO .0107 UPDATED BIG DD - Damascus 01/05/18 07:52:23 PM
#26042   agreed. progress is happening, verifiable which is key. TradeForProfits 09/20/18 02:25:53 PM
#26041   I’m not sure if you haven’t seen their javi2003 09/19/18 06:50:06 PM
#26040   We are past mid 2018 and the facility 420man 09/19/18 06:20:47 PM
#26039   yes, good sign to see update. major boom TradeForProfits 09/17/18 02:17:47 PM
#26038   Good stuff, they are alive that Good to javi2003 09/17/18 01:59:54 PM
#26037   yeah wild for sure. tweet out, $BFCH going TradeForProfits 09/17/18 12:39:14 PM
#26036   when it cracks open, better be holding some imo TradeForProfits 09/14/18 01:59:26 PM
#26035   ha i wish that was the case. shnouz 09/14/18 12:34:39 PM
#26034   yeah it is crazy but $BFCH is good.. TradeForProfits 09/14/18 12:25:21 PM
#26033   Looks like we’re good now this hurricane is crazy javi2003 09/14/18 07:30:04 AM
#26032   Damn! The hurricane It turn bfch going to javi2003 09/13/18 10:05:29 PM
#26031   great. thanks for the dd TradeForProfits 09/13/18 11:31:09 AM
#26030   Great news guys matching the data update on javi2003 09/12/18 05:58:44 PM
#26029   not that simple.. lot of heat generated and TradeForProfits 09/11/18 03:00:41 PM
#26028   I would’t rented an office space 9 months rcaselli 09/11/18 02:45:00 PM
#26027   agreed. progress should ramp up now that everything TradeForProfits 09/11/18 01:39:08 PM
#26026   the cement structures etc are now all removed. TradeForProfits 09/11/18 01:31:24 PM
#26025   Indeed and there have been several photographs tweeted, trading.jeff 09/11/18 12:30:26 PM
#26024   Yeah, its funny to me. 9 months m0n 09/11/18 12:22:14 PM
#26023   But isn’t this the THIRD photo/tweet of the rcaselli 09/11/18 11:24:29 AM
#26022   hopefully not impacted by hurricane but would only TradeForProfits 09/11/18 11:00:51 AM
#26021   nice update today. looks like things are moving TradeForProfits 09/11/18 10:58:10 AM
#26020   News tweet and landed officially clear. I really javi2003 09/11/18 09:41:40 AM
#26019   Damn the hurricane it’s going to slow us javi2003 09/10/18 10:04:48 PM
#26018   yes, the cancellation of shares is really going TradeForProfits 09/10/18 09:30:36 AM
#26017   Agreed the land is ready. based on my javi2003 09/07/18 07:13:28 PM
#26016   nice. L2 continues to shape up real nice, TradeForProfits 09/07/18 11:20:44 AM
#26015   005 bids building, looking at imminent move here imo. TradeForProfits 09/05/18 09:56:13 AM
#26014   I will be adding more on Friday. So javi2003 09/04/18 04:55:49 PM
#26013   yeah kinda nice I can pick up more shnouz 09/04/18 04:03:30 PM
#26012   nice. thanks for posting them TradeForProfits 09/04/18 03:58:09 PM
#26011   nope and some 5 fills today and starting TradeForProfits 09/04/18 03:56:38 PM
#26010   $BFCH Volume isn't half bad for the Friday trading.jeff 08/31/18 02:16:09 PM
#26009   I send them 2 e-mails the other offering javi2003 08/30/18 06:41:44 PM
#26008   ty. 005x006 $BFCH inches close to .01 as TradeForProfits 08/27/18 09:36:17 AM
#26007   BFCH...0057...Chart linked from 0047 alert...Bearish Harami Cross Reversal georgie18 08/26/18 07:14:18 AM
#26006   I am following you tio! lol javi2003 08/24/18 05:43:16 PM
#26005   i hear ya there. wanted lots more under TradeForProfits 08/24/18 02:19:15 PM
#26004   I just wish I had more cash to javi2003 08/24/18 01:41:46 PM
#26003   nibble nibble and up we go :) anyone TradeForProfits 08/24/18 01:36:20 PM
#26002   excellent. nice progress being made there. $BFCH closing TradeForProfits 08/24/18 12:47:38 PM
#26001   New update on the site work: mlh2209 08/24/18 10:22:33 AM
#26000   Thank you... georgie18 08/23/18 03:12:12 PM
#25999   great chart g18 $BFCH stupid undervalued here with TradeForProfits 08/23/18 03:03:10 PM
#25998   Your very welcome... georgie18 08/23/18 10:00:30 AM
#25997   $BFCH Thanks for the chart. The A/D line trading.jeff 08/23/18 08:50:19 AM
#25996   BFCH...0056...Chart...Accumulation trajectory is powerful...pps will catch up to georgie18 08/23/18 05:25:00 AM
#25995   Coming in tomorrow at a buy at 0.005 Long javi2003 08/22/18 06:50:47 PM
#25994   #regAshares@005 rcaselli 08/22/18 04:00:40 PM
#25993   Yep those 0046s got gobbled up really quickly there mattypsays 08/22/18 03:48:31 PM
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