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BitFrontier Capital Holdings Inc. (BFCH)

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Last Post: 4/20/2018 9:06:19 PM - Followers: 109 - Board type: Free - Posts Today: 0


 

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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SureTrader
PURO News: Registration a Offering Under the Securities Act of 1933 (1-a) 02/08/2018 08:19:30 AM
PURO News: Purio, Inc. (PURO) Provides 2018 Roadmap for the Development and Buildout of its Cryptocurrency Mining Facilities 01/30/2018 02:12:47 PM
PURO News: Purio, Inc. to Receive up to $10,000,000 Investment to Complete its Cryptocurrency Mining Facility 01/09/2018 01:16:52 PM
PURO News: Purio, Inc. (PURO) Provides Corporate Update on Recent Restructuring and Closes on Merger 01/03/2018 09:57:56 AM
PlusOneCoin Top Posts
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PostSubject
#24824  Sticky Note $PURO .0107 UPDATED BIG DD - Damascus 01/05/18 07:52:23 PM
#25529   Well, let’s hope it comes quick. Blacklung 04/20/18 09:06:19 PM
#25528   I got a response from them on Facebook pennyfinder 04/20/18 08:45:57 PM
#25527   I’m right there with you... .0086. I would Blacklung 04/20/18 08:44:31 PM
#25526   This will move. Patience. My average is 0.0083, pennyfinder 04/20/18 08:37:42 PM
#25525   Nah, my previous posts I said makes no Blacklung 04/20/18 08:32:27 PM
#25524   I thought you got out pennyfinder 04/20/18 08:30:05 PM
#25523   I e-mailed their investor relations, let's see what Blacklung 04/20/18 04:51:01 PM
#25522   I e-mailed their investor relations, let's see what Blacklung 04/20/18 04:51:01 PM
#25521   And this one is done.... there is no Blacklung 04/20/18 03:23:14 PM
#25520   bitcoin is coming back hopefully soon they will javi2003 04/15/18 03:09:43 PM
#25519   OMB Number: 3235-0286 Blacklung 04/13/18 12:56:37 PM
#25518   Completely inaccurate. Damascus 04/13/18 12:33:19 PM
#25517   Takes about 90 days I believe for approval. Blacklung 04/13/18 12:23:15 PM
#25516   This should bounce soon... once reg a is approved. $BFCH pennyfinder 04/13/18 09:47:26 AM
#25515   The cryptos have made a bullish turn.... gwat1979 04/12/18 10:18:04 PM
#25514   Sorry gents. I saw the price went to Blacklung 04/12/18 11:18:06 AM
#25513   This article seems oddly too close to the Blacklung 04/11/18 09:43:26 AM
#25512   These days, it's near impossible to avoid the ss0722 04/10/18 08:50:27 PM
#25511   https://disclosurequest.com/form/bitfrontier-capital-holdings-inc./0001395005-18 Damascus 04/10/18 03:34:24 PM
#25510   Bfch should team up with wmac ... north ss0722 04/09/18 03:51:59 PM
#25509   Yep Damascus 04/07/18 12:12:11 AM
#25508   You still holding? pennyfinder 04/06/18 02:55:45 PM
#25507   There’s way too many changes. I wish the pennyfinder 04/06/18 02:55:35 PM
#25506   Compare feature in word. rcaselli 04/04/18 10:03:06 PM
#25505   Ok. I thought there was an easier way... pennyfinder 04/04/18 09:45:46 PM
#25504   By looking at the previous filing and then Damascus 04/04/18 09:45:12 PM
#25503   Any idea how to look at what was pennyfinder 04/04/18 09:37:57 PM
#25502   Reg A+ resubmitted with revisions -- https://backend.otcmarkets.com/otcapi/compa Damascus 04/04/18 06:49:00 PM
#25501   Reg A+ revision submitted Damascus 04/04/18 06:35:32 PM
#25500   $BFCH 15' Chart http://stockcharts.com/c-sc/s $Pistol Pete$ 04/04/18 03:11:02 PM
#25499   Bye The Cardiac Kid 04/04/18 12:01:58 PM
#25498   Bye!! Damascus 04/02/18 12:53:18 PM
#25497   This is a scam. My parents live in mbrax007 04/02/18 10:49:16 AM
#25496   For one, if I do, with the current Blacklung 03/29/18 03:34:17 PM
#25495   Then why don’t get out if you don’t Damascus 03/29/18 03:20:50 PM
#25494   This just favors my opinion that this is Blacklung 03/29/18 03:17:54 PM
#25493   From what I can tell google searching, Spencer mlh2209 03/29/18 02:47:35 PM
#25492   I did a quick google nothing. Once I Blacklung 03/29/18 01:30:08 PM
#25491   If youre still here do some research on Panty_Slayer 03/29/18 01:03:54 PM
#25490   Yes lol, this very Friday. As in Good Panty_Slayer 03/26/18 11:55:36 AM
#25489   So you’ll be unloading on Good Friday? rcaselli 03/26/18 10:59:15 AM
#25488   These next few days should really paint a Panty_Slayer 03/26/18 10:21:15 AM
#25487   Bouncing. Reg A filing must be close. Someone rcaselli 03/23/18 10:34:09 AM
#25486   Today's action is odd to say the least. shnouz 03/23/18 10:32:07 AM
#25485   Agreed. Damascus 03/21/18 01:01:42 PM
#25484   I believe they are still awaiting for the mlh2209 03/21/18 12:26:32 PM
#25483   No footprint here or on social media regarding m0n 03/21/18 12:21:31 PM
#25482   Thought PO TN has mobicoin m0n 03/20/18 10:48:58 PM
#25481   Things sure have become sent around here. m0n 03/20/18 01:41:43 PM
#25480   BFCH- how coincidental it hit 200ma today. Makes Damascus 03/19/18 10:00:56 AM
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