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TimefireVR Inc. (TFVR)

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Last Post: 10/19/2018 7:02:51 PM - Followers: 174 - Board type: Free - Posts Today: 0



TERAFORGE Ventures Inc.

"Formerly TimeFire VR, we are in the process of changing our name to TeraForge Ventures Inc. to reflect our transition from VR into blockchain technologies."
 
TimefireVR Inc.is engaged in the business of mining bitcoin and other cryptocurrencies. It is also seeking to acquire businesses in the blockchain and /or cryptocurrency sectors. It previously was engaged in the virtual reality business but was unable to generate material revenue and sold that business back to its founders early in 2018.


OTCQB Ticker:  TFVR 
 
The Company appointed Mr. Jonathan Read to serve as Chief Executive Officer, Secretary, and Treasurer. Mr. Read has been a director of the Company since August 18, 2017. 
From July 14, 2017 until July 30, 2018, Mr. Read served as a member of the board of directors of BTCS Inc. a blockchain technology focused company.
 
 
As of 8/8/18
Outstanding Shares: 235,460,470
Restricted: 63,775,428
Unrestricted: 171,685,042

 
As of 09/12/2018
Market Cap: $918,296





 



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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TFVR News: Current Report Filing (8-k) 10/18/2018 04:20:16 PM
TFVR News: Proxy Soliciting Materials (revised) (prer14a) 10/10/2018 04:25:32 PM
TFVR News: Proxy Soliciting Materials (revised) (prer14a) 10/10/2018 04:24:41 PM
TFVR News: Small Company Offering and Sale of Securities Without Registration (d) 09/05/2018 05:01:42 PM
TFVR News: Current Report Filing (8-k) 08/27/2018 04:09:57 PM
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PostSubject
#11862  Sticky Note Urgent News And Update! investor2004 09/12/18 03:10:23 PM
#11722  Sticky Note The price of bitcoin and the TFVR market tooroc 08/19/18 08:43:22 PM
#11986   He's bouncing around the Scottsdale Buffet's saying what Orphanboy 10/19/18 07:02:51 PM
#11985   Considering the weird amount, no duration on the investor2004 10/19/18 03:41:24 PM
#11984   Maybe some unforeseen expense or something expense came Flyhalf 10/19/18 01:59:04 PM
#11983   Wonder what such a small loan paid for? Samshalom1 10/19/18 01:33:24 PM
#11982   Seems like the traders on the street don’t Flyhalf 10/19/18 01:26:19 PM
#11981   J Read-Change The World-In The Real World investor2004 10/19/18 11:03:02 AM
#11980   Arbitrage? Just requires buyers and quantities at chupon 10/19/18 10:36:02 AM
#11979   Buy at 0.003 and sell at 0.004... Jidoe 10/19/18 09:35:08 AM
#11978   You are too nice Investor. This move smells Samshalom1 10/18/18 05:53:26 PM
#11977   WTH? Ethically why would the CEO not, investor2004 10/18/18 05:42:28 PM
#11976   Right Samshalom1 10/18/18 05:32:26 PM
#11975   Any chance we can get our “Promissary Notes. Flyhalf 10/18/18 05:27:02 PM
#11974   Read, if your salary wasn’t so high, maybe Samshalom1 10/18/18 04:46:26 PM
#11971   Important reply from the CEO ! ! Bohdmeist 10/16/18 01:29:57 PM
#11970   Not sure if you guys noticed, but it investor2004 10/15/18 11:08:41 PM
#11969   New Fidelity website.... Now this is a website! Flyhalf 10/15/18 10:45:29 PM
#11968   Very encouraging of cryptocurrency’s future. Especially in light Samshalom1 10/15/18 03:03:20 PM
#11967   Check it out... As you were saying!.... If Flyhalf 10/15/18 02:29:21 PM
#11966   Lol, guess that push down that looked contrived investor2004 10/15/18 10:55:24 AM
#11965   Ok thanks investor2004 10/15/18 01:52:14 AM
#11964   Correction: Crypto defender for wallets is available now jpike 10/14/18 08:39:54 PM
#11963   2019 for certain. There is a time jpike 10/14/18 08:24:41 PM
#11962   How far out is that tech in your investor2004 10/14/18 07:02:53 PM
#11961   Crypto security for wallets is coming fast. See jpike 10/14/18 05:10:30 PM
#11960   When I read through the pre14 it said investor2004 10/13/18 03:52:46 PM
#11959   Not sure if David Drake is still showing Flyhalf 10/13/18 03:13:25 PM
#11958   $TFVR.Should.Pivot.To.Cannabis.Industry.With.A.Reverse.Merger..Bitcoin.Is.Faded...EOM BigNexEnd 10/12/18 12:14:19 PM
#11957   Looks like Q3 reporting should arrive before the chupon 10/12/18 11:43:16 AM
#11955   Nothing new I can see. Unfortunately looks like acman001 10/10/18 08:56:52 PM
#11954   Anyone else review the new pending proxy statement Samshalom1 10/10/18 08:35:55 PM
#11953   More proxy fun. At least we have some Samshalom1 10/10/18 06:14:02 PM
#11952   Lol definitely do not think you are him. investor2004 10/10/18 10:38:23 AM
#11951   First of all, and I’m just thinking this sonofahb 10/10/18 09:29:13 AM
#11950   Yes, very good post. Different day we live investor2004 10/09/18 10:33:10 PM
#11949   You mean like this? (I borrowed this from Flyhalf 10/09/18 08:22:26 PM
#11948   Good point. He just needs to talk investor2004 10/09/18 05:39:26 PM
#11947   Ha ha ha ha Samshalom1 10/09/18 04:03:06 PM
#11946   CEO Bio via his twitter page Bohdmeist 10/09/18 03:36:28 PM
#11945   If he updated the website, I fear that Samshalom1 10/09/18 12:40:31 PM
#11944   You ain’t kidding! Can we update the website? Flyhalf 10/09/18 12:16:15 PM
#11943   Yes exactly. Just could communicate better along the investor2004 10/08/18 10:15:43 AM
#11942   And why would we all be upset? Because sonofahb 10/08/18 09:00:49 AM
#11941   Honestly, if he cares about people in general investor2004 10/07/18 08:34:21 PM
#11940   Hahahaahhaha! Read! Hahahhahahahaha Flyhalf 10/07/18 05:25:06 PM
#11939   I guess emojis result in ?? Was Samshalom1 10/07/18 11:32:35 AM
#11938   ?? Samshalom1 10/07/18 11:31:53 AM
#11936   I so agree Samshalom1 10/07/18 04:03:20 AM
#11935   Business has no place in politics. It's Watcher411 10/06/18 11:19:50 PM
#11934   Oh Lord, I wish that he would shut Samshalom1 10/06/18 01:33:26 PM
#11932   Just checked back and WOW what happen Lol. SwingLong 10/05/18 11:15:26 AM
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