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BTSC shares appear to be somehow linked to Franklin Scientific Inc which had all classes of its shares revoked on 4/14/2021. If I search the SEC Admin Proceedings website for Franklin Scientific, I see the admin proceedings back on 1/9/2020! But then FNRA didn't delete the BTSC ticker until 7/29/21?
To figure out how these two companies are somehow related, I was going through the old Franklin Scientific SEC filings and saw something about how they used to be called Cell Bio-Systems, Inc and later changed their name to Franklin Scientific. I also see reference to Cell Bio-Systems, Inc in the BTSC quarterly financials as a prior name.
From a Seeking Alpha article back in 2017: https://seekingalpha.com/article/4124446-tulip-blossomed-bitcoin-will-wither-and-fade
The company was initially founded in 1997 and incorporated in Nevada as JJL Miami Enterprises, Inc. Over the years, it went through various iterations of business names and models, including BMX Holdings, Direct Music Group, Cell Bio-Systems, and Tulip Biomed. Under circumstances unrelated to the current iteration of the business, the company's business was abandoned without dissolution or liquidation, and so shareholders submitted an application in accordance with Nevada Title 7 to take custody of the firm under court order. This application was approved in December 2015, and the company was reinstated in good standing in January 2016. In February 2016, the company changed names to Bitcoin Services Inc. and took the appropriate legal steps to dissolve incorporation in Nevada and establish the firm in Florida.
Told me a ton but good luck
That link doesn't tell you anything.
No chance as it's revoked
I reached out to the company email to see if I get any response.
There is always a chance but hard to say when we do not have the proper information...
Any chance of going back on?
Did that yesterday...the folks I spoke too are either clueless or just not talking...spoke to them in April when the other Revocation showed...same reaction...
Been doing this for a very long time and just cannot figure this one out yet...
Shareholders should contact OTC Markets to learn why they labelled the stock as 'Internal Halt' in red. A caller can reference the points I made in the linked post, that Bitcoin Services Inc. was not registered with the SEC so there is no stock registration to revoke. So, ask them what was the reason.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165178124
The SEC EDGAR page which does not recognize Bitcoin Services Inc. which means that Bitcoin Services Inc. was not and is not registered with the SEC.
https://www.sec.gov/edgar/searchedgar/companysearch.html
Anyone got contact information for any executives? Has anyone reached out to them?
BTSC still has Bitcoin in there ownership. This road block is merely an attempt to buy your shares as soon as they are relisted. After the bottom and traders realize they have been dubbed again, relieved of their stock the BTSC listing will appear again..... sorry, ""just an error"" we will be told.
I'm not worried, concerned yes but its not the end of the world.
Is Joel still the grand wizard running the show here?
How can we find out what actually happened? Very good insight. Thank you for that.
I'm rather confused because I cannot find any SEC information or registration for Bitcoin Services Inc. or its previous corporate name Tulip BioMed Inc., either an S-1 registration or a Form 10 registration.....and I cannot find the correlation of Bitcoin Services Inc. to Franklin Scientific or Goodwell Inc. in your link.
If Bitcoin Services Inc. has never been registered with the SEC then there is no stock registration to revoke which means FINRA made an error with their 12(j)Registration Revoked by SEC posting.
And OTC Markets should never blank out any stock that removes all access to previous information even when the SEC does formally revoke a company's stock registration(s)......which they did not do for Bitcoin Services Inc., unless there is an umbilical correlation to another company that would have had their stock registration(s) revoked, and consequently by association Bitcoin Services Inc.
I won't submit a (fka BTSC) request to ADMIN. until I know why BTSC was removed from OTC Markets or why FINRA posted Registration Revoked by SEC.
Wow, BTSC must have really done some shit!
Taken down by FINRA/SEC, taken off OTCM!
Removed from OTC Markets website: https://www.otcmarkets.com/stock/BTSC/overview
Whole btsc is gone from otc website. No more information
It is definitely weird. All the financial reports has been removed from otc markets. Also can't search for BTSC symbol anymore on otc website. Have to directly type url to get to the company page.
I typically avoid social media, maybe occasionally troll here and there lol
I’m just here out of boredom and disclosures. Sticking to current filers and being super picky. Never would have held this one overnight
Take a look at the Revocation to Franklin on 4/14/21 posted on the BTSC account on the OTC...but months following they were given Pink Current status after filings...
Just do not get this scenario at all...
That’s a big if. Doubtful
yup it's a weird one. glad I am not in it
this is from April 2021
https://www.otcmarkets.com/filing/pdf?id=14870267&guid=UDKkkew26h_kbth
I have checked EDGAR and it appears that Bitcoin Services Inc. and its previous corporate name Tulip BioMed Inc. were never registered with the SEC so there is no registration to revoke.
Something very odd about OTC Markets posting Internal Halt and FINRA posting 12(j)Registration Revoked by SEC when it appears there is no SEC registration to revoke.
I'll look into the matter later on when I have time.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=121306822
EDGAR:
https://www.sec.gov/edgar/searchedgar/companysearch.html
Lmao...it's always the right place after the fact...Have a Great Day...
says internal halt on OTC markets
FINRA posted that BTSC's stock registration had been revoked but there is no SEC Admin. Proceeding to formalize the revocation.
Usually all revocations are posted at market open but at 9:57 A.M. E.S.T. there is still no revocation order.
This lass has to go to work so I'll post the SEC revocation order, if there is one, later on.
Readers can check this link:
https://www.sec.gov/litigation/admin.htm
Yup. Sucks for anybody holding. Hope people got out
'internal halt'
https://www.otcmarkets.com/stock/BTSC/disclosure
so they were pink current but delinquent on SEC filings?
New otc rules and sec not messing around. They haven’t filed by deadline any 8k/10qs……. First of many non filers that will be suspended/ revoked…… personally…. I’m all for it. Cuts down on pump and dumps / scams
.0294 looked like the place to sell BTSC.
If it returns after today, it'll be much lower.
GLTU
what was the reason?
what was the reasoning? i see they are Pink current
https://www.otcmarkets.com/stock/BTSC/overview
not in the name, just curious
Yup. Unable to sell / shares instantly worthless
ouch. sucks for them.
BTSC on the Daily List. What's up? https://otce.finra.org/otce/dailyList
BTSC registration revoked.
like UBER?
Really expecting to see a HUGE bump up once Bitcoin breaks 43,500.00
Got a really good base in now and lets get the show on the road!!!!
BTSC !! HAS A GAP AT .12 ! Needs to fill-it...make some money.
BTSC...0294...:partying_face:
BTSC ! SEATBELT CHECK !
BTSC ! BUST .025 WE GO TO NEXT LEVEL !
BTSC ! BUYING BIG HERE !! Lets make some money.
BTSC...0229s clearing here...:partying_face:
BTSC...02...Pink Current as of today...https://www.otcmarkets.com/stock/BTSC/overview
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Bitcoin mining is the means by which new Bitcoin is brought into circulation, the total of which is to be capped at 21 million BTC.
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