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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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PURO News: Registration a Offering Under the Securities Act of 1933 (1-a) 02/08/2018 08:19:30 AM
PURO News: Purio, Inc. (PURO) Provides 2018 Roadmap for the Development and Buildout of its Cryptocurrency Mining Facilities 01/30/2018 02:12:47 PM
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PostSubject
#24824  Sticky Note $PURO .0107 UPDATED BIG DD - Damascus 01/05/18 07:52:23 PM
#25732   When did they do the last RS and javi2003 07/17/18 02:32:33 PM
#25731   BTC $7220 ripping big time Damascus 07/17/18 01:46:21 PM
#25730   Why? Lawyers had to confirm it was done m0n 07/17/18 11:22:45 AM
#25729   Dumb question, that has been a center piece ss0722 07/17/18 11:12:02 AM
#25728   Post # ss0722 07/16/18 03:54:20 PM
#25727   Top 3 Under the Radar Blockchain Projects Chris_Ab 07/16/18 01:16:43 AM
#25726   Latest update said they filed to cancel the m0n 07/14/18 01:41:53 PM
#25725   This may take a bit but we should Budd0413 07/13/18 12:10:37 PM
#25724   $1.8 Billion for Crypto at Lightspeed: Notable VC Chris_Ab 07/12/18 07:35:00 PM
#25723   Good stuff https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/ javi2003 07/12/18 06:01:40 PM
#25722   I am buying this little by little when javi2003 07/12/18 05:37:15 PM
#25721   Hello.....why aren’t you people buying this!!!!! May take Budd0413 07/12/18 01:34:38 PM
#25720   He is indeed doing a terrible job! Hopefully pennyfinder 07/11/18 02:33:14 PM
#25719   Spencer, the ceo, is doing a horrible job Damascus 07/10/18 06:25:59 PM
#25718   This is good for us once’s we start javi2003 07/02/18 08:53:26 PM
#25717   Nice, but not really relevant here atm.. jmo.. Damascus 07/02/18 05:07:54 PM
#25716   Cryto update ss0722 07/02/18 04:50:24 PM
#25715   So many typos in that article! Someone needs Damascus 07/01/18 06:20:54 PM
#25714   https://www.ccn.com/hayes-a-positive-regulatory-etf-will-push-bitcoin-to-50000-i rcaselli 07/01/18 12:58:52 PM
#25713   Yes you can bring in more volume javi2003 07/01/18 11:07:23 AM
#25712   One thing to look out for eventually will javi2003 07/01/18 10:51:53 AM
#25711   ..you’d think so huh? em $BFCH ddbl_our_buck 06/30/18 07:17:20 PM
#25710   Looks like we did it Bitcoin broke resistance javi2003 06/30/18 05:01:47 PM
#25709   I believe if we can break 6300 breakout javi2003 06/29/18 08:43:55 PM
#25708   Gonna take a while imo. Will seee Damascus 06/29/18 01:39:50 PM
#25707   Bitcoin will surge again it has done in javi2003 06/29/18 01:39:20 PM
#25706   Bitcoin dramatic drop and crypto mining negativity has ss0722 06/29/18 01:01:48 PM
#25705   quite the dip for some good news. shnouz 06/29/18 12:31:11 PM
#25704   $BFCH PR: BitFrontier Capital Holdings, Inc. (OTC PINK: trading.jeff 06/29/18 10:13:49 AM
#25703   https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-OTC- Damascus 06/29/18 09:56:05 AM
#25702   $BFCH Nice hammer candle. Let's see if it trading.jeff 06/27/18 10:35:05 AM
#25701   According to last PR, should be getting a trueblue24 06/26/18 04:24:22 PM
#25700   Hopefully they market them self better. It’s hard javi2003 06/25/18 02:32:30 PM
#25699   once court filing is real and confirmable - jgstockhunter 06/25/18 02:22:13 PM
#25698   Not too worried about the crypto market once javi2003 06/24/18 09:14:56 AM
#25697   The crypto currency markets can be crazy bad javi2003 06/22/18 08:28:44 PM
#25696   I don’t see a reason why It’s going javi2003 06/22/18 05:19:48 PM
#25695   What’s funny is USTC just started following BitFronier Damascus 06/22/18 03:30:39 PM
#25694   Let's team up ....USTC & WUHN Sign Letter ss0722 06/22/18 03:29:40 PM
#25693   BFCH .0065 x .0078... Damascus 06/22/18 03:11:23 PM
#25692   $BFCH The way the price was brought down trading.jeff 06/21/18 08:58:11 AM
#25691   Curious why you say manipulation and what does ss0722 06/20/18 10:28:03 PM
#25690   $BFCH Partial recovery; decent bounce up from the trading.jeff 06/20/18 04:02:22 PM
#25689   I think the random hit's on the bid, KingErik999 06/20/18 03:12:55 PM
#25688   Not much MM manipulation today, is there? (*tongue trading.jeff 06/20/18 02:55:43 PM
#25687   unbelievable! Today's news is huge! WiseTrader 06/20/18 02:43:48 PM
#25686   All the idiots out yet? Gtfo so we biggiantkiller 06/20/18 02:35:58 PM
#25685   $BFCH Ask is really thin. trading.jeff 06/20/18 12:49:10 PM
#25684   Maybe these bfch can stay in the OTCQB javi2003 06/20/18 12:32:15 PM
#25683   Easy mover from here methinks 0.02+ WiseTrader 06/20/18 12:26:07 PM
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