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TimefireVR Inc. (TFVR)

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Last Post: 1/18/2018 6:46:06 PM - Followers: 113 - Board type: Free - Posts Today: 146

TFVR -

Newest Ethereum Blockchain ticker


The Company has sold its virtual reality assets and appointed Mr. Jonathan Read to serve as Chief Executive Officer, Secretary, and Treasurer of the Company. Mr. Read has been a director of the Company since August 18, 2017. Since July 14, 2017, Mr. Read has served as a member of the board of directors of BTCS Inc. (OTC Pink:BTCS), a blockchain technology focused company.

OTCQB Logo listed

Shares as of 1/18/18 4pm EST:

Outstanding Shares: 85,479,804
Floating Shares: 39,112,442
Current Market Cap: $2.6 million 


Ethereum Play (ETH/USD):

https://ethereumprice.org/

 



Link to SEC Filings:

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000748268&owner=exclude&count=40&hidefilings=0

 


TimefireVR Shifts Primary Corporate Focus Towards Strategic Investments in Blockchain Technology and Potential Related Acquisitions

 

Jan 04, 2018

OTC Disclosure & News Service

-

SCOTTSDALE, Ariz., Jan. 04, 2018 (GLOBE NEWSWIRE) -- TimefireVR, Inc. (OTCQB:TFVR) (the "Company") today announced shifting its primary corporate focus towards the strategic investments in crypto currency and potential acquisitions of blockchain technology businesses. As part of the shift in strategic direction, the Company has sold its virtual reality assets and appointed Mr. Jonathan Read to serve as Chief Executive Officer, Secretary, and Treasurer of the Company. Mr. Read has been a director of the Company since August 18, 2017. Since July 14, 2017, Mr. Read has served as a member of the board of directors of BTCS Inc. (OTC Pink:BTCS), a blockchain technology focused company.    

“Blockchain technology and its application of crypto currencies is an amazing enabling technology paradigm that will have a profound and disruptive impact on a host of industries,” stated Jonathan Read, Chief Executive Officer of TimefireVR. “I am incredibly proud of our accomplishments in virtual reality; however, the Board of Directors made a strategic decision, in the best interest of our shareholders, to leverage my experience in blockchain technology where I serve as a member of the board of directors of BTCS Inc. (OTC Pink:BTCS), our strategic business vision and our ability to access the capital markets immediately.”

The Company is already in discussions to evaluate specific opportunities involving blockchain technology, decentralized digital ledgers that record and enable secure peer-to-peer transactions without third party intermediaries secured by miners that use powerful computer networks to secure and verify every transaction. The Company has made initial investments in the space and is actively pursuing additional investments in crypto currency as well as one or more acquistions of blockchain technology companies.   

Initially, the Company will be focused on Ethereum, a leading blockchain platform for Decentralized Applications (“DApps”), which are applications that run on a peer-to-peer network of computers instead of on one single computer or server. DApps allow developers to write smart contracts and decentralized applications where the developer chooses its own rules for ownership, transaction formats and transition functions. Multiple types of DApps are now being created by others across multiple categories, including finance, governance, community, legal, health, education and gaming.

Concurrent with this announcement, the Company announces the sale of its virtual reality assets, primarily the social media/education platform and virtual world known as “Hypatia” to a group of investors including its original founders, John Wise and Jeffrey Rassas. Consistent with this sale, the company expects to change its name following board of directors and shareholder approval.

Mr. Read concluded, “We are extremely proud of the extraordinary products produced in our VR endeavors. We wish Mr. Rassas and his team great success and continued leadership in their field.”

About TimefireVR Inc.
TimefireVR Inc. is an Arizona based technology company now focused on strategic investments in blockchain technology solutions. Previously, the Company developed virtual reality content, tools, and services.

 



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News News Alert: Small Company Offering and Sale of Securities Without Registration (d) 01/18/2018 04:04:09 PM
PostSubject
#3514  Sticky Note To those screaming insider selling... HokieHead 01/16/18 09:05:31 AM
#3358  Sticky Note BIG DOT! FRIDAY 1-12 FINRA REGSHO SHORT THRESHOLD FLAG! investor2004 01/14/18 02:31:22 AM
#3022  Sticky Note **OFFICIAL FILING OF THE PURCHASE OF ETH** ThaDropper 01/11/18 05:48:32 PM
#3982   It's all in the approach, Mr. Read knows HokieHead 01/18/18 06:46:06 PM
#3979   What’s the CEO say, doesn’t call me back sportd 01/18/18 06:19:20 PM
#3978   He will leave, has to, stick around... HokieHead 01/18/18 05:48:28 PM
#3977   Not if Maxm stays on the ask sportd 01/18/18 05:39:12 PM
#3976   My P/L for the day is green....whats that Bohdmeist 01/18/18 05:15:56 PM
#3975   I think anyday now TFVR will spike huge Chartmaster 01/18/18 05:14:38 PM
#3974   Got it. soybanzai 01/18/18 05:00:43 PM
#3973   I updated it in the Ibox. HokieHead 01/18/18 04:59:53 PM
#3972   What's the float and O/S now? soybanzai 01/18/18 04:59:12 PM
#3971   Thanks for the update, low amount and the HokieHead 01/18/18 04:52:59 PM
#3970   Just got off the phone with the TA. ThaDropper 01/18/18 04:49:42 PM
#3969   Sounds like it's over then. Thanks Singatoka2010 01/18/18 04:41:56 PM
#3968   Commission rules further require the notice to be OldVette 01/18/18 04:40:15 PM
#3967   SEC page on Form D says if the Orphanboy 01/18/18 04:38:55 PM
#3966   I am guessing they are done. COWN was HokieHead 01/18/18 04:38:01 PM
#3965   The document doesn't state if it's 15 consecutive Singatoka2010 01/18/18 04:34:49 PM
#3964   name/ticker change next maybe? ThaDropper 01/18/18 04:27:26 PM
#3963   agreed. ThaDropper 01/18/18 04:27:02 PM
#3962   Now that they are done, like I said HokieHead 01/18/18 04:24:15 PM
#3961   Yep, that's great news, I agree. HokieHead 01/18/18 04:22:25 PM
#3960   Now we need news to keep or drive Singatoka2010 01/18/18 04:21:02 PM
#3959   Understood. But I think this confirms the debt Singatoka2010 01/18/18 04:20:11 PM
#3958   Company insiders didn't sell anything, the shares added HokieHead 01/18/18 04:16:18 PM
#3957   Yes you did.... Tomorrow of monday... Lol. rudyboy 01/18/18 04:13:31 PM
#3956   Form D filed. I guess this may indicate Singatoka2010 01/18/18 04:11:53 PM
#3955   Yes. Go TFVR harbecu 01/18/18 04:11:44 PM
#3954   Interesting...Which "BTCS Exec just took over ticker..?" H2004 01/18/18 04:00:38 PM
#3953   Going to fly to 4 cents tomorrow. willlbone 01/18/18 03:57:13 PM
#3952   Are MAXM and COWN done? Flyhalf 01/18/18 03:54:43 PM
#3951   Any word on name change? Orphanboy 01/18/18 03:28:59 PM
#3950   Hardly a scam. Just the birth of a DrStevens 01/18/18 03:12:42 PM
#3947   That's a forward looking statement, give it some HokieHead 01/18/18 02:58:31 PM
#3946   Look at MAXM trying to get weak shareholders HokieHead 01/18/18 02:57:21 PM
#3944   An interesting iHub post I just came across H2004 01/18/18 02:54:43 PM
#3943   So does nake shorting ..? Hey what do Tigerwind 01/18/18 02:48:37 PM
#3942   I thought that on a failure to deliver zombywolf 01/18/18 02:47:26 PM
#3941   With the amount of shares that I believe Flyhalf 01/18/18 02:44:17 PM
#3939   Lmao, okay.. HokieHead 01/18/18 02:40:47 PM
#3938   SCAM should be on the ASK!! lol Sell whatarush12 01/18/18 02:37:54 PM
#3937   Shorting more to keep her down .. :) Tigerwind 01/18/18 02:25:32 PM
#3936   I'd like it too if you could Hokie, Thanks Bohdmeist 01/18/18 02:04:44 PM
#3934   Hokie, and chance that you could send me Samshalom1 01/18/18 02:00:57 PM
#3931   Today’s the last day of the diluted for TechnicalTitan 01/18/18 01:08:09 PM
#3929   next: post 2750 hokie, you do talk to dontpumpme 01/18/18 01:05:59 PM
#3928  Restored If it's good by you, then it's good H2004 01/18/18 12:57:38 PM
#3927   Has nothing to do with the new company.. HokieHead 01/18/18 12:56:53 PM
#3925   COWN gone, all that matters here going forward. HokieHead 01/18/18 12:56:15 PM
#3924   Brilliant? What does a prior company in that HokieHead 01/18/18 12:55:23 PM
#3923   http://ih.advfn.com/p.php?pid=nmona&article=60464843 bdlf which became ENTK w dontpumpme 01/18/18 12:54:21 PM
#3922   Your MM's are seeing to that. H2004 01/18/18 12:53:23 PM
PostSubject