First Bitcoin Capital Corp. Operates a Cryptocurrency Exchange
First Bitcoin Capital Corp. Operates a Coin Market Capitalizaiton web site tied to Altcoin
Bitcoin is worth more than gold!
TEL AVIV, ISRAEL / ACCESSWIRE / December 7, 2017 / First Bitcoin Capital Corp. (OTC PINK:BITCF), the world’s most prolific generator of cryptocurrencies, announced today that its Board of Directors unanimously ratified the appointment of Hay & Watson as the company’s independent registered public accounting firm for the fiscal years ending Dec. 31, 2016 and 2017. The action reflects the company’s and the Board of Directors’ commitment to strong corporate governance. The decision was made following an extensive and competitive review involving a number of accounting firms.
The Company plans to file its annual reports on Form 20F for the years ended 2016 and 2017 as soon as the audit is completed.
“With the selection of Hay & Watson, First Bitcoin Capital has engaged a top audit firm with significant experience in the industry,” added Greg Rubin, CEO. “This selection is another step forward in transforming the strategic direction of the Company, to up list and become a fully reporting publicly traded company.”
Hay & Watson is a well-established boutique firm of Chartered Professional Accountants. The firm’s team of 20 professionals and staff who provide a full range of financial and management consulting services to public companies.
Hay & Watson is registered with the Institute of Chartered Accountants of British Columbia, the Canadian Public Accountability Board, and the Public Company Accountability Oversight Board (PCAOB) in the United States.
The Company previously announced that it retained two top law firms, including a securities industry expert, to assist the Company in its efforts to up-list to the OTCQB market and to minimize the recurrence of any future regulatory concerns.
Being incorporated in British Columbia, Canada, the Company chose McMillan LLP based on their international expertise as a top Canadian firm specializing in areas most suitable in assisting the Company in its effort to move First Bitcoin Capital forward in the capital markets.
The Company chose Sylvia Scott of Holmes, Taylor, Scott & Jones LLP due to her extensive experience as former senior counsel with the Financial Industry Regulatory Authority (“FINRA,” then known as the National Association of Securities Dealers) and the U.S. Securities and Exchange Commission (“SEC”) in order to meet the regulatory challenges facing small-cap companies such as BITCF.
Quarterly Results (Unaudited)
For the nine months ending September 30, 2017. The Company’s gross revenues increased to $738,552 resulting in net profits of $681,105 while total assets increased to $ 1,049,344. The increase excludes the illiquid market values of majority interests in dozens of cryptocurrencies that the Company has either generated for its own account or for third parties. The report can be viewed here: http://bitcoincapitalcorp.com/investors/2017-q3/ 9-Months Ended: Net Income/(Loss) from Operations
Sep 30, 2017: $681,105.00 - Sep 30, 2016: ($6,297.00)
Change: +$687,402.00 SHARE STRUCTURE:
Authorized Shares: 500,000,000
Outstanding Shares: 304,998,228
Stay tuned for upcoming BITCF announcements!!!
PERKSCOIN (COIN: PCT) Crowdsale ICO Accepts $1,000,000 of $WEED (COIN: WEED) From First Bitcoin Capital Corp.
TEL AVIV, ISRAEL / ACCESSWIRE / December 1, 2017 /First Bitcoin Capital Corp. (BITCF), the world's most prolific generator of cryptocurrencies, utilizes a portion of its WEED coin inventory to acquire $1,000,000 worth of PERKSCOIN from marijuana social media leader CannaSOS.
PerksCoin will be an Ethereum token with a limit of 100,000,000 coins totally issued and outstanding upon completion of its ICO.
WEED coin utilizes the Bitcoin Blockchain as its underpinnings for tx confirmations.
$WEED trades on several exchanges, including the New Zealand cryptocurrency exchange: https://www.cryptopia.co.nz/Exchange/?market=WEED_BTC
The ICO purchase is based on a valuation of $WEED at US$1.80 per token. As an early participant in the $PCT Initial Coin Offering (ICO), First Bitcoin Capital is acquiring Perkscoin at US$0.48 per token
First Bitcoin Capital Corp is developing a consortium of cannabis businesses (CannaBloq) which will include 7 initial member Companies. Ownership in $WEED will be a prerequisite to joining CannaBloq Consortium.
NetworkNewsWire Announces Publication Discussing the Use of Blockchain Technology for Oil & Gas Industry Supply Chain Channels
NEW YORK, Dec. 11, 2017 (GLOBE NEWSWIRE) -- via NetworkNewsWire - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Petroteq (PQE.V) (PQEFF), a client of NNW engaged in the development and implementation of its proprietary environmentally friendly heavy oil processing and extraction technologies.
The publication, titled, “Blockchain Technology Creates Potential for Energy Industry Optimization,” reviews the potential of blockchain technology for supply chain management in the oil and gas industry.
To view the full publication, visit: https://www.networknewswire.com/blockchain-technology-creates-potential-energy-industry-optimization/
“As part of its strategy to build advanced oil processing and refining facilities around the world, Petroteq encountered an impediment: less-than-optimal global oil and gas industry supply chain channels. Already familiar with the intricacies of the oil and gas industry, Petroteq quickly recognized the business opportunity at hand. In its quest for a solution to overcome difficulties associated with the industry’s supply chain inefficiencies and bottlenecks, Petroteq recently partnered with First Bitcoin Capital (BITCF) to develop and operate an enterprise-grade, blockchain-based platform called Petrobloq (https://petrobloq.com/) that will enable oil and gas companies globally to conduct transactions.
“Petrobloq will constitute the first blockchain-based platform devoted entirely to serving oil and gas industry supply chain needs. The project is designed to address the cost constraints industry participants face in the wake of almost seven years of oil prices languishing at levels far below their $120 peak. Petroteq expects Petrobloq users will realize cost and time savings while benefiting from the increased transparency offered by the blockchain, enabling them to more easily navigate the vicissitudes of an ever-evolving global market.”