First Bitcoin Capital Corp (BITCF)

[georgie18]

BITCF...08...Bollie Squeeze here...:party:

[planetaryfuture]

Difficult to say ..... very infrequent reporting .....

[DutchBW]

Where is Simon Rubin?

I jumped in the company #FirstBitcoin because of the ideas about innovation #blockchaintechnology #cryptocurrency #osintforgood U.S. Securities and Exchange Commission https://t.co/oTZaZ33x3T

— Jan Taco te Gussinklo (@DutchBW) April 3, 2021

[planetaryfuture]

It seems your awareness is proceeding correctly !!! .....

What you say concerning BITCF strategy makes a lot of sense !!! .....

On the other hand ..... I think it is great that people are looking toward Bitcoin as an investment ..... because I feel it fills an important niche in the scheme of things ..... while I am occupied taking a deeper look at Hedera Hashgraph ..... The practicality and economic benefits of their technology ..... along with other numerous implications ......

Hedera CEO Mance Harmon asserts "literally everything" will become a TOKEN ..... What if he is correct ? !!! .....

I had hoped Hedera might be a security though finally faced to accept it is a "TOKEN" called HBAR .....

Surprisingly ..... a splinter group of Hedrea Hashgraph Investor's can be located on the HBAR Investor's Hub Board ..... Little more than a handful of interested people at this point !!! ..... while I noticed ..... some were mentioning "Robinhood" back in May of 2020 .....

Critic's will raise issues about HBAR though I firmly believe ..... given time ..... all substantive issues will be resolved ..... with the input of such impressive brilliance already in place .....

I recall ..... I likely posted inventor Leemon Baird's Harvard University talk some months ago ..... and ..... for me ..... I found it challenging to follow all the "smart cookie's" in the room ..... though I picked-up the "gossip thread" as the primary scaffolding of their technology .....

One notices Hedera's governing body is heavily loaded with prominent International player's like IBM, Boeing ..... and Google to mention only a few from the diverse group of 39 .....

Ideally ..... I would like to accumulate as many HBAR's as possible before the masses "dive in" ..... at least a "token holding" ..... until the "contentious dust" settles !!! .....

It seems likely First Bitcoin Capital Corp might find specific applications for the Hashgraph technology in their own business pursuits ..... though impossible to get any inkling of a clue as long as BITCF management remains silent !!! ..... And I recognize ..... when a Corporation is in a development phase .... It seems prudent to remain SILENT !!! .....

Best Wishes

[lesgetrich]

I imagine that since they are now managing BTZI, they may have some concern about dumping up to 100 million shares into the hands of BITCF shareholders who may want to just sell them to cash out. This could potentially put downward pressure on the BTZI pps. Until recently BTZI was trading under $.05/share. Now that it's up over $.20/share, people who receive dividend shares may not be as quick to cash out. BITCF shareholders may actually be lucky they didn't get the shares and sell them when they were trading around $.02/share.

In any event, timing is important and they may wait for BTZI to become current on their financials (which they claim will happen soon) before announcing details on any share dividend.

[planetaryfuture]

Good to hear BTZI-dividend still breathing !!! .....

Thanks for posting !!!

BITCF owns a huge amount of BTZI!
"In exchange for the acquisition of these assets, BOTS, Inc. issued 100,000,000 of its shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones.

All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall receive 1 share of BTZI common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.

As the largest shareholder of Bots Inc., First Bitcoin's management is expected to transition to Bots, Inc., in the immediate future."

Best Wishes

[NorthShoreTrading]

BITCF owns a huge amount of BTZI!
"In exchange for the acquisition of these assets, BOTS, Inc. issued 100,000,000 of its shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones.

All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall receive 1 share of BTZI common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.

As the largest shareholder of Bots Inc., First Bitcoin's management is expected to transition to Bots, Inc., in the immediate future."

[StihlsawsRule]

Not really, the frauds and liars running these scams keep lying. For instance, did BITCF shareholders ever get the 1 for 4 from BTZI? Nope, just another lie.

[Cryptonomicon1]

The price of this stock should be more correlated to BTZI, which exploded this week.

[NorthShoreTrading]

Only bitcoin stock yet to explode!!

[Cryptonomicon1]

Volume almost 3x average today.

[Cryptonomicon1]

Agreed on Doge's supply being too damn high.

I like Ethereum a lot but the fees are also too damn high.

[mess124]

Total coins available after mining is complete:

Bitcoin 19M
Litecoin 66M
Ethereum 115M
Polkadot 908M
Tether 28B
XRP 45B
Dogecoin 128B sorry but this quantity is way too much

As you can see, Bitcoin stands no chance at being a mid-to-long term legitimate international currency. It is all hype and trading. NOWHERE NEAR ENOUGH AVAILABILITY AND NEVER WILL BE.

Real crypto enthusiasts interested in a legitimate unregulated international crypto-currency will choose an alternate.

[planetaryfuture]

Hashgraph Hits "Growth Curve" In 2021 .....

If you have been following my posts on the $BITCF Board over the last several years ..... both Mike Maloney and Mance Harmon will be familiar names for you .....

I am currently about half-way through reviewing this Cryptocurrency related presentation ..... and already feel the information is too important to delay posting .....

So I leave the issue to "Sage Investor's" to make their own decisions .....

Naturally ..... my hope would be that First Bitcoin Capitol Corp ..... might be paying attention ..... and have something relevant to add to the conversation !!! .....

Hedera Hashgraph - The Most Important Crypto Update You’ll See This Year (HBAR)

https://goldsilver.com/blog/hedera-hashgraph-the-most-important-crypto-update-youll-see-this-year-hbar/?utm_campaign=20210120_Mike_Video_Newsletter_Hedera_Hashgraph&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

Best Wishes

[conix]

I will take 0.35 in the next month, georgie.

[georgie18]

Where I think and reality may be 2 different things...I take it candle by candle but what I am looking for based on my long term chart read is $2 range...

[conix]

georgie--you call these stocks pretty good. Where do you think BITCF could run to?

[georgie18]

BITCF...13s clearing here...:party:
[9:58 AM]
georgie1812/31/2020
BITCF...Bidding .07 on this Grey Bitcoin with the Pincher Squeeze...strong A/D Line /Money Flow...:party:

[georgie18]

BITCF...11...Long Term Consolidation Channel Breakout setting up here as the Pincher Squeeze is in play...Long Term Descending Triangle is broken...

Accumulation line should push BFCH past the .40 range and back over a $1...imo...we shall see...

Chart...https://schrts.co/UjdEEbaC

Trades as a Grey ticker in the U.S.A. ...

[conix]

Georgie--the chart on BITCF looks like it wants to build a base over .10. Volume is healthy. It would help if there was some positive news out of BITCF and/or BTZI

[StihlsawsRule]

Where did you find that? My guess, IF its true, BITCF should be quoted on the pink sheets on the 15th (10 days after the order). I certainly do NOT know for sure.

[georgie18]

BITCF...098...Grey Bitcoin Ticker...:party:
[2:08 PM]
georgie1812/31/2020
BITCF...Bidding .07 on this Grey Bitcoin with the Pincher Squeeze...strong A/D Line /Money Flow...:party:

[conix]

BITCF Chart is getting very interesting now.

[Cryptonomicon1]

If I'm reading this correctly, the Cease Trade Order was just revoked.

[Cryptonomicon1]

1 On November 7, 2006, the Executive Director ordered, under section 164(1) of the Act,
that all trading in the securities of Grand Pacaraima Gold Corp. cease until it files the
required technical report, completed in accordance with the Act and the regulations, and
the Executive Director revokes the cease trade order.
2 On November 5, 2014, the Executive Director varied the cease trade order to reflect that
Grand Pacaraima Gold Corp. changed its name to First Bitcoin Capital Corp.
3 First Bitcoin Capital Corp. applied to the Executive Director under section 171 of the Act
to revoke the cease trade order, and represented that:
1. its business has not been directed or administered; and
2. no promotional activities have been carried on
in or from British Columbia since at least October 31, 2007.
4 The Executive Director, considering that it would not be prejudicial to the public interest,
revokes the cease trade order under section 171 of the Act.
5 January 4, 2021

[Cryptonomicon1]

https://www.bcsc.bc.ca/enforcement/early-intervention/cease-trade-orders

[conix]

georgie....something going on at BITCF

[lesgetrich]

I don't disagree about the dividend, other than I think it will be delivered eventually. I suspect management has got a performance target for timing the distribution. Perhaps they're waiting for BTZI to become current on their financials and/or start showing some revenue. This could be the condition for awarding the additional 60,000,000 shares and making Bots a full subsidiary. That would probably make the BTZI dividend shares more valuable and make it less likely that the BITCF shareholders would just turn around and sell them (thus driving down BTZI's pps). JMO

[Francoise]

With all due respect, the terms of the deal were to deliver 1sh of btzi for each 4sh of bitcf. the first 100 millions sh of commun were delivered at the time of closing and these sh were supposed to be paid to the shareholders, with the balance kept in the treasury, the preferred stock which is part of the deal represent what you are talking about.In the meantime and as of now bitcf was stripped of its assets and the shareholders got nothing as of yet.

[MD-420]

Doesn't sound that great.

[lesgetrich]

You didn't sell them for nothing. You got controlling interest in BTZI and, once all conditions are met, BTZI becomes a subsidiary of First Bitcoin. As a subsidiary, 100% of earnings would flow to First Bitcoin. In the meantime, First Bitcoin can claim a percentage of earning equal to their ownership percentage.

[Francoise]

No I have not, its been 6 months since we sold our assets against nothing, very bad.

[MD-420]

Did you all get your btzi shares yet? This seems like a terrible scam job. They even have the original Kevin from Shark Tank promoting. If you go to his Twitter page, it's not pretty. You can seed how he's turned into a penny stock promoter with terrible results. Many upset followers/investors. Not good.

[thistraderknowsall]

Bitcf MOVING

AND CVC RUNNING TO $5.25

Huge buys!!!
Just out!! Quick!!!

[georgie18]

BITCF...Bidding .07 on this Grey Bitcoin with the Pincher Squeeze...strong A/D Line /Money Flow...

[planetaryfuture]

"Smart Dubai" Progresses With "Blockchain Technology" Strategy .....

Dubai continues to leverage "improved government functions" by accessing the roots of easily available "Blockchain Technology" ..... A regional goal they had defined many years ago !!! ..... Apparently due to visionary leadership !!! .....

Of interest would be the assertion that the Dubai demographic is constituted of 90% Immigrant population !!! ..... I have heard no arguments yet to the contrary !!! .....

Also ..... A number of "Mega-American" Corporations have their "feet on the ground" ..... in Dubai ..... to access opportunities !!! .....

14 DECEMBER 2020

SMART DUBAI INTRODUCES ‘PARTNERS PORTAL’ TO GRANT PARTNERS EASY ACCESS TO MORE THAN 80 SERVICES

Smart Dubai Introduces ‘Partners Portal’ to Grant Partners Easy Access to more than 80 Services

Dubai, December 14, 2020 – Smart Dubai has announced the launch of its latest platform titled ‘Partners Portal.’ Available on the Smart Dubai website, the new tool offers Smart Dubai’s partners in both the government and private sectors a single platform to seamlessly access more than 80 of its services.

The Portal allows users to access all of the Smart Dubai services they are subscribed to – as well as to browse additional services they would like to avail – with a single login, eliminating the need to remember multiple URLs, usernames, and passwords. Furthermore, the platform gives users direct access to dashboards of various Smart Dubai services, providing detailed insight and analysis into various sectors from a single, streamlined display.

His Excellency Wesam Lootah, CEO of Smart Dubai Government Establishment, said: “Smart Dubai’s mission consists of harnessing the benefits and potential of emerging technologies and transforming them into services that make people’s lives easier and happier. We are working to build a world-leading smart city of the future here in Dubai.”

“Our partners across the public and private sectors in the UAE are an indispensable part of our success,” H.E. added. “With that in mind, we launched this new platform to facilitate seamless access to all our services through one single, easy-to-use platform, in line with the UAE leadership’s wise vision for an innovative and efficient smart-city experience. This essentially paves the way for even wider partnerships among government entities, facilitating cooperation as directed by the UAE’s leadership.”

Since its establishment, Smart Dubai has launched a series of initiatives and strategies to achieve its vision and help Dubai become a global benchmark for smart city development. Key initiatives include the Dubai Data Initiative, Dubai Blockchain Strategy, Dubai AI Roadmap, and the Dubai Paperless Strategy. Collaborating with government and private sector partners, Smart Dubai is consistently adopting the latest technological innovations to provide efficient, seamless, safe and personalized city experiences for residents and visitors.

https://www.smartdubai.ae/newsroom/smart-dubai-introduces-partners-portal-to-grant-partners-easy-access-to-more-than-80-services

Best Wishes

[StihlsawsRule]

LOOKS LIKE RUBIN still doing nothing to me. Hey GREG, IF YOU WERE EVER going to get OFF YOUR ASS and do something, TODAY would be the day with BITCOIN at a new all time high!
GEEZ MAN get off your ass and SAY SOMETHING!

[planetaryfuture]

Looks Like BITCF Transition Finally In Motion !!! .....

Thanks for posting this crucial and strategic NEWS update !!! .....

I find renewed cause for optimism ..... and anticipate hearing something from ..... First Bitcoin Capital Corp !!! ..... soon .....

Best Wishes

[conix]

BOTS, Inc. CEO Announces Shareholder Update Letter


December, 09 2020 03:42 AM | GlobeNewswire |

Jacksonville, Florida, Dec. 09, 2020 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI), an emerging innovator of products, technologies, and services for the rapidly growing cyber-security, digital robotics automation and AI for manufacturing industries, CEO discusses and outlines the company’s strategy for 2021.

Paul Rosenberg, BOTS INC., CEO begins the announcement by stating: “With the recent changes in our business model over the past couple of months, we want to take this opportunity to thank our investors and shareholders for both your investments and ongoing support of our company. I feel it is important for us to continue making the market aware of our current projects and our strategic agenda for 2021 and well into the future.”

The company has been very quiet these past few months as our business integration with First Bitcoin Capital LLC., was unfortunately not as smooth as we had hoped it would be. This resulted in the delay of Bots Inc. posting its financial results. However, we are working on the completion of our 1 st and 2 nd Quarter financials for the company’s 2021 Fiscal Year. Therefore, the company will be current in its financial reporting shortly.

During these last few months, the company has signed an agreement with Cyber Security Group LLC. to create a JV between the two companies. A joint company will be operating under the name; Bots International Inc.

A few updates regarding Bots International Inc.; we have completed the construction of a comprehensive security system for the SFOR.TRADE cryptocurrency exchange, which, once transferred to a more powerful server base and updated its technical component, will be able to provide customers with stable and fast operation at the same level as the largest cryptocurrency exchanges in the world. SFOR.TRADE will be launched this coming week.

Bots International Inc. has also expanded Web Application Firewall (WAF) services platform with industry-leading capabilities to protect web applications, speed application deployments, and reduce application security costs.

Now the Web Application Firewall is more capable of leveraging its security efficacy to protect against advanced layer 7 attacks (such as those based on geolocation, DDoS, SQL injection, zero-day threats, AJAX applications, JSON payloads, OWASP Top Ten, and others) in a convenient, local and cloud-based service.

In addition, WAF solutions offer automated, self-learning capabilities in a highly customizable framework to rapidly respond and adapt to evolving threats, with quick WAF implementation and unified, scalable policy enforcement capabilities.

Bots International Inc. leading WAF services will be offered in both on-premises and subscription-based cloud offerings. The company’s versatile, easy to deploy WAF solutions let organizations confidently incorporate local and cloud resources while protecting apps and data from increasingly sophisticated security attacks, risks, and vulnerabilities.

WAF solution is only one of many products that the company will be offering to its corporate clients. There will be more announcements to come on this in the next few weeks.

We have also developed a cryptocurrency trading bot that is simple and intuitive for crypto beginners to setup and run.

The 24/7 open hours of the crypto market has necessitated the use of trading automation for investors that are involved in trading cryptocurrencies. CryptoBot will be an additional tool that crypto investors will use when trading on exchange SFOR.TRADE

Bots Inc. owns the rights to U.S. Patent No. 9,135,787 - (Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same). Known as the “Bitcoin ATM patent” this patent is related to the purchase and sale of cryptocurrencies utilizing a Bitcoin ATM or kiosk that allows customers to purchase Bitcoin or other cryptocurrencies by using cash, debit or credit cards.

Bitcoin ATMs do not require their users to have bank accounts, so customers can simply pay and instantly buy or sell Bitcoin, or other cryptocurrencies.

The United States still houses a significant percentage of all the Bitcoin ATMs installed globally. According to Coinatmradar, cryptocurrency ATMs have been installed in 9,187 locations in the US (https://coinatmradar.com)

All Bitcoin ATMs and Kiosks manufactured and sold in the U.S., and all Bitcoin ATMs and Kiosks operated in the U.S. are believed to be subject to this patent and the company intends to enforce its patent rights.

Our business model also includes ownership positions in other publicly traded companies. We have large positions in companies such as: Kronos Advanced Technologies, Inc., and Obitx Inc. These are start-up companies with what we feel to be great potential.

“In conclusion, I would like to say, that it has been a difficult year for many companies due to the global pandemic. At the beginning of this year, management decided to completely change our direction, and sector by transitioning into a technology company complete with a new corporate look. We knew this would not be an easy move, but it was the right move for the long-term success of the company. Again, I would like to sincerely thank BOTS shareholders for your ongoing support.” - Paul Rosenberg, CEO

[Francoise]

could you please post the whole post?

[StihlsawsRule]

BITCF FINALLY being relisted? Is anyone seeing this on Eturd? 1 share by 1 share bid/ask. 12/1/2020

[conix]

Any opinion on BITCF...not just bitcoin in general, planetary future?

TIA

[planetaryfuture]

I anticipate even greater valuation for Bitcoin .....

First reason would be the proposed legal implementation of USA Digital Currency by no later than January 1, 2021 .....

Then there happens to be the recent legal sanction of a Cryptocurrency Banking facility in Wyoming ..... by way of "Kraken Financial" ..... officially validating and securing the exchange of cryptocurrency ..... thereby cementing a practical pathway to a future .....

One must also look at the apparent failed Institution of Central Banking ..... with its practice of "predatory" fractional reserve banking ..... whose opaque "dark practices" tend to create a fiscal crisis with eternally painful consequences ..... and never a viable solution !!! .....

What really happened on Jekyll Island Georgia in 1913 when the seeming "slippery-eel foundation" for the so-called private "Federal Reserve System" had been furtively "set in place?" ...... Why would this be considered a prudent business practice more than 100 years later ??? !!! ..... Even outgoing President Woodrow Wilson called the Federal Reserve Act of 1913 .... "the greatest mistake of my administration" .....

Also ..... one might casually notice the high caliber of "genius" centered in the digital technology trading sector ..... Take a glance at Leemon Baird with his development of the Hashgraph model ..... which eliminates the seeming inordinate time factor typifying Bitcoin transactions ..... While the novel thinking of Baird is merely the proverbial "tip-of-the-iceberg" .....

Numerous "financial service institutions" appear to be "struggling to fiscally survive" the advent of "blockchain technology" along with its transparent and remarkable benefits ..... Some have worked toward joining the "new wave of exponential change" ..... as commercial business and retail consumer demand intensify .....

Additional upside potential with respect to cryptocurrency and applications of "blockchain ledger technology" awaits empowerment !!!

While I remain optimistic !!!

Best Wishes

[Cryptonomicon1]

Bitcoin has only ever been higher than this for about 12 days total.

[planetaryfuture]

Three Reasons For Bitcoin Rally .....

Nice looking Charts too !!!

3 Reasons Bitcoin Has Rallied Over 60% In Just Two Months

November 10, 2020 ..... by Omkar Godbole

Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000.

The uptrend began in early September after buyers bought a dip below $10,000, and gathered pace in the second half of October.

Last week, prices reached a high of $15,971, a level last seen in January 2018. That’s a 63% price gain in eight weeks, according to CoinDesk’s Bitcoin Price Index.

Over 2018 and 2019, bitcoin often languished below $10,000, struggling to recover from a crash that followed the late 2017 surge to record highs near $20,000.

So, what’s behind the rapid gains in recent weeks? Here are three of the primary factors driving the bull market:

1. Increased institutional participation

“Over the past eight weeks, we have seen various notable public companies and hedge funds enter the cryptocurrency market with sizable deployment of capital,” Matthew Dibb, co-founder, and COO of Singapore-based Stack Funds said.


On Sept. 15, listed business intelligence firm MicroStrategy (NASDAQ: MSTR) announced the purchase of $250 million worth of bitcoins, and three weeks later payments company Square (NYSE: SQ) also disclosed its investment in the bitcoin market.

In October, leverage in the derivatives market was also skewed bullish, with institutions holding record long positions in bitcoin futures listed on the Chicago Mercantile Exchange.

Also read: Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps

The increased institutional participation likely created upward pressure on prices. Further, it buoyed broader market sentiment and likely prompted more buyers to join the market.

The number of bitcoin whale entities – clusters of addresses held by a single network participant holding at least 1,000 BTC – rose to four-year highs at the end of October. Retail participation increased, too, as suggested by the “accumulation addresses” metric rising to record highs.

Since the coronavirus pandemic hit, expectations for additional U.S. fiscal stimulus alongside the Federal Reserve’s ongoing inflation-boosting bond purchase programs have triggered fears of a dollar sell-off, and motivated both institutions and retailers to put at least some money into bitcoin.

“The talks of further stimulus efforts has put bitcoin on the map as a quasi-safe haven, possessing many of the store-of-value qualities of gold, despite its relatively [brief] existence,” Dibb said.

Also read: World’s Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, Say Analysts

2. Supply crunch

Large spot buyers, mostly institutions, have created a shortfall in bitcoin liquidity, pressuring prices to the higher side.

“Between Grayscale’s GBTC trust, MicroStrategy and the influx of other large spot buyers, the supply of bitcoin is beginning to look more scarce,” Dibb said. Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group.

Further, retail investors took direct custody of their coins by moving them from exchanges to their own wallets, adding to the drying up of sell-side liquidity. The total number of bitcoins held on cryptocurrency exchanges has fallen 9% to 2,404,788 BTC in the past two months, according to Glassnode data.

The decline in exchange balances is indicative of strong holding sentiment in the market.

3. Technical breakout

Bitcoin’s bullish bias strengthened following the cryptocurrency’s convincing break above $12,500 in the third week of October.

Back then, many analysts had pointed to $12,500 as the level to beat for the bulls. That’s because the cryptocurrency had declined sharply following a rejection near $12,500 in August.

“The real resistance level is around $12,500-ish, so, until a meaningful breakout above that level, nothing is done,” David Lifchitz, chief investment officer at ExoAlpha, told CoinDesk on Oct. 20.

Bitcoin ended the third week of October above the key hurdle and remained bid in the following two weeks. Now support, at $12,500, hasn’t been tested since.

Also read: Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview

At press time, bitcoin is changing hands near $15,390, representing a 113% year-to-date gain.

Disclosure: The author holds small positions in bitcoin and litecoin.

https://www.coindesk.com/3-reasons-bitcoin-has-rallied-over-60-in-just-two-months

Best Wishes

[lesgetrich]

The transaction occurred between the two companies. The assets belonged to BITCF and were sold to BTZI. In exchange, BITCF received 100 million common shares of BTZI and another 60 million (+ 30 million conditional) Series A preferred shares with conversion and voting rights. From BTZI's July 8, 2020 8-K...

BTZI 7/8/2020 8-K

On May 14, 2020 the Company entered into an Asset Purchase Agreement where the Company acquired the following assets from First Bitcoin Capital Corp.:



n Minority ownership in SinglePoint, Inc., Medical Cannabis Payment Solutions, Inc., Petroteg Energy, Inc., Digital Asset Monetary Network, Inc., Kronos Advanced Technologies, Inc., and Tipestry, Inc.

n Subsidiaries owned by First Bitcoin Capital Corp including but not limited to: CoinQx Exchange Limited, First Bitcoin Capital LLC., DbotTechnology Corp.

n Hundreds of domains owned by First Bitcoin Capital Corp.

n $1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies to First Bitcoin Capital LLC.

n US Patent 9,135,781 B1 Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol and Method of Using the Same

n US Patent Application 2018/0315072 A1: Method and System of Facilitating Management of Cryptocurrency Based Loyalty Points Associated With One or More of a Product and a Service.

n The majority of the inventory of numerous digital cryptocurrencies owned by First Bitcoin Capital Corp.



In exchange for the acquisition of these assets the Company issued 100,000,000 shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones. All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall be issued 1 share of MCIG common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.

The only way I know of for a company to distribute its assets to shareholders is via a dividend declared by its Board of Directors. The fact that the 8-K refers to a "record date" indicates to me that this will be distributed as a dividend on a date at the discretion of the the First Bitcoin Board of Directors. The common shares have already been transferred to BITCF. Bots (Paul Rosenberg) would have no control (other than as an advisor) over what happens to the shares at this point.

[Francoise]

Response to post 21616.
This is not a dividend,its a sale of assets, the assets have been delivered (one of them being the patent), the conterpart should be paid immediately. There must be no retention of payment.It becomes the business of every new shareholder to decide what to do with their shares of the puchaser.Thanks.

[lesgetrich]

its been more than 3 months since the sale of assets to boots(BTZI), we were supposed to receive one share of BTZI for each share of BITCF we own PR of July 10th 2020, so far NOTHING. WHEN WILL WE RECEIVE THESE SHARES?

It seems to me that they may be waiting to get Bots/BTZI into a more profitable position before they distribute the dividend. Right now, BTZI has little to no revenue and is behind on their financials. If they distributed shares at this point, most BITCF shareholders would probably just sell them and drive down BTZI's pps. They would be less likely to do so if BTZI could show some solid revenues and progress on their business plan. Enforcing the Crypto ATM patent may be the best bet to produce significant revenue in the near term but there may be other revenue sources under wraps in the works. JMO

[Francoise]

Thank you

[lesgetrich]

There aren't any at the moment. The company needs to recruit some MM's before they can remove the trading halt that was imposed in 2017 but they don't seem to be in any hurry to do so. Right now they seem to be focused on building up their investment in Bots (BTZI).