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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
#26248   just another nudge and we are .01+ TradeForProfits 11/12/18 11:14:41 PM
#26247   $BFCH Both sides of the L2 are thin trading.jeff 11/12/18 03:20:57 PM
#26246   sure is. 0091 HOD. ready for .01 break $BFCH TradeForProfits 11/12/18 03:18:07 PM
#26245   Yup! Quietly working it’s way up here mattypsays 11/12/18 12:33:10 PM
#26244   sure is and so is seeing $BFCH at TradeForProfits 11/12/18 12:32:43 PM
#26243   $BFCH .009, nHOD. trading.jeff 11/12/18 11:48:13 AM
#26242   Finally showing a 20% profit. Blacklung 11/12/18 11:16:34 AM
#26241   Congrats everyone that’s holding little by little were javi2003 11/09/18 06:02:27 PM
#26240   All part of the plan start now while javi2003 11/06/18 04:22:30 PM
#26239   Nice News.. PENNYBUSTER 11/06/18 11:17:57 AM
#26238   great news!!! Zeki 11/06/18 09:56:37 AM
#26237   lets go BFCH!!!! Zeki 11/06/18 09:43:13 AM
#26236   Wow, good stuff! mattypsays 11/06/18 09:29:26 AM
#26235   $BFCH news !!!! deposit on building! TradeForProfits 11/06/18 09:09:07 AM
#26234   Definitely some nice action last couple weeks— setting mattypsays 11/04/18 03:46:08 PM
#26233   Maybe this week we will reach 0.01 or javi2003 11/04/18 08:33:12 AM
#26232   Great times ahead and yes I am a javi2003 11/03/18 05:59:52 PM
#26231   A little activity on the ask. I still KingErik999 11/02/18 03:59:17 PM
#26230   Zeki and jactrade001 having multiple conversations with themselves shnouz 11/02/18 03:04:33 PM
#26229   Who are you talking to? You're having shnouz 11/02/18 03:01:25 PM
#26228   thats sounds good Zeki 11/02/18 10:07:05 AM
#26227   this company would be great.. keep it up Zeki 11/02/18 10:05:29 AM
#26226   I think they are trying their best Zeki 11/02/18 10:04:17 AM
#26225   and something to ponder jacqtrade001 11/02/18 09:57:37 AM
#26224   waiting for something big in here jacqtrade001 11/02/18 09:56:47 AM
#26223   we shall see!! keep growing jacqtrade001 11/02/18 09:55:52 AM
#26222   jacqtrade001 and adoraz25 accounts were both created the shnouz 11/02/18 09:43:27 AM
#26221   YIpee a GOod day start jacqtrade001 11/02/18 09:34:50 AM
#26220   it simply amazing!! jacqtrade001 11/02/18 09:34:31 AM
#26219   this stock continues to amaze me!! jacqtrade001 11/02/18 09:33:50 AM
#26218   lets get excited :) jacqtrade001 11/02/18 09:31:38 AM
#26217   Lets go BFCH!!! jacqtrade001 11/02/18 09:31:04 AM
#26216   $BFCH Got some price action. Current pps is trading.jeff 11/01/18 01:23:54 PM
#26215   Why are there so many scammy posts on mlh2209 10/31/18 02:01:22 PM
#26214   This looks profitable! Zeki 10/31/18 12:31:28 PM
#26213   Agree!!! Zeki 10/31/18 12:26:02 PM
#26212   nice market today!! Zeki 10/31/18 12:24:23 PM
#26211   oohh awesome Zeki 10/31/18 12:24:06 PM
#26210   BID for 0.006 today.. adoraz25 10/31/18 12:18:36 PM
#26209   keep going BFCH!! adoraz25 10/31/18 12:14:31 PM
#26208   LETSGO!!!! adoraz25 10/31/18 12:13:58 PM
#26207   great deal!! adoraz25 10/31/18 12:13:32 PM
#26206   GOodMOrning :) adoraz25 10/31/18 09:29:21 AM
#26205   $BFCH .0072, HOD, on some nice volume. trading.jeff 10/30/18 03:20:02 PM
#26204   $BFCH Some nice volume just went through a trading.jeff 10/30/18 03:15:50 PM
#26203   The future is $BFCH! MReid 10/30/18 10:31:12 AM
#26202   Such a powerful company MReid 10/30/18 10:30:56 AM
#26201   Good job! Very impressed MReid 10/30/18 10:30:40 AM
#26200   Keep them flowin' MReid 10/30/18 10:30:20 AM
#26199   WOW! Exceeded my expectations again! MReid 10/30/18 10:29:57 AM
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