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TimefireVR Inc. (TFVR)

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Last Post: 1/19/2018 4:08:26 PM - Followers: 114 - Board type: Free - Posts Today: 118

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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PostSubject
#3998  Sticky Note Has anyone noticed that when BTC$ announced their HokieHead 01/18/18 11:23:20 PM
#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
#4117   Whether there is a short position or not MLR_Lite 01/19/18 04:29:05 PM
#4116   We have confirmed shorts by members here who ThaDropper 01/19/18 04:08:26 PM
#4115   There is a large short here, you will HokieHead 01/19/18 04:06:21 PM
#4114   Yup I agree ThaDropper 01/19/18 04:04:20 PM
#4113   Telling you guys...next week is going to be Stanin987 01/19/18 03:49:31 PM
#4112   I think they had to today to sell HokieHead 01/19/18 03:48:18 PM
#4111   oh we're talking about two different things. I ThaDropper 01/19/18 03:36:36 PM
#4110   If my actions cause a governing body to Bohdmeist 01/19/18 03:35:40 PM
#4109   See posts 3967 and 3968. Unless I got Singatoka2010 01/19/18 03:32:38 PM
#4108   How do you mean? ThaDropper 01/19/18 03:31:06 PM
#4107   It would actually be the 25th. 13 settlement ThaDropper 01/19/18 03:28:22 PM
#4106   So...will somebody end up getting their ass chewed, Bohdmeist 01/19/18 03:26:47 PM
#4104   2 bad weeks, ship steadied here at $0.03, HokieHead 01/19/18 03:14:18 PM
#4103   No kidding, 70% of the TFVR shares traded Bohdmeist 01/19/18 03:11:19 PM
#4102   I'm making some chili to kill this boredom fest. Singatoka2010 01/19/18 02:58:38 PM
#4101   Buy this last hour. Last chance at anything Stanin987 01/19/18 02:58:29 PM
#4100   So we have another hour of watching MM's Bohdmeist 01/19/18 02:56:40 PM
#4099   No today would be the very last day. Singatoka2010 01/19/18 02:49:47 PM
#4098   Isn't the 24th of Jan the deadline to Bohdmeist 01/19/18 02:46:38 PM
#4097   Honestly this is one of those stocks that Stanin987 01/19/18 02:29:20 PM
#4096   I really hope your right.How hi you really john love 01/19/18 02:24:42 PM
#4095   No doubt. COWN finished up, debt gone, clean HokieHead 01/19/18 02:14:22 PM
#4094   Hope to see .20 cents in 2 weeks john love 01/19/18 02:04:28 PM
#4093   I hope so in this for 20,000 bucks now john love 01/19/18 02:02:14 PM
#4092   This will fly next week. Expecting a double Stanin987 01/19/18 02:00:35 PM
#4091   Double up toady at .03 cents need to john love 01/19/18 02:00:17 PM
#4090   Hope this goes up now have 300,000 let's john love 01/19/18 01:57:44 PM
#4089   Wow they really shorting this badly to keep Tigerwind 01/19/18 01:52:35 PM
#4088   Boring is good, shorts will see they can't HokieHead 01/19/18 01:19:16 PM
#4087   This got boring Bohdmeist 01/19/18 01:17:13 PM
#4086   They stand ready to buy and sell while TechnicalTitan 01/19/18 12:19:15 PM
#4085   Even without hype this could be 100% up gmf 01/19/18 12:16:06 PM
#4084   COWN and MAXM are market makers slambino 01/19/18 12:06:42 PM
#4083   LOL! slambino 01/19/18 12:06:21 PM
#4082   volume and pricing looking good. Like to see gmf 01/19/18 11:40:19 AM
#4080   They are the pigs on L2 MM sportd 01/19/18 11:35:41 AM
#4079   What is Cown and the other thing? What Runner10 01/19/18 11:33:37 AM
#4078   Two hours in +4M shares traded Bohdmeist 01/19/18 11:30:40 AM
#4077   Could see a squeeze here slambino 01/19/18 11:19:40 AM
#4076   Time to fly! HokieHead 01/19/18 11:18:07 AM
#4075   BIG HITZZZ!! Could see a break here slambino 01/19/18 11:17:17 AM
#4074   COWN gone again. HokieHead 01/19/18 11:04:12 AM
#4073   Agree! HokieHead 01/19/18 11:01:56 AM
#4072   Serious volume coming in. nwsun 01/19/18 11:01:37 AM
#4071   I will say this looks like the final Stanin987 01/19/18 10:57:06 AM
#4070   Equity raise, holds $0.03, all good. Nothing to kid. HokieHead 01/19/18 10:48:34 AM
#4069   Don't kid yourself, they are diluting the heck Stanin987 01/19/18 10:47:50 AM
#4068   Yep, today the 19th, maturity date. Let's see HokieHead 01/19/18 10:45:33 AM
#4067   Spotted cown for the first time since yesterday... ThaDropper 01/19/18 10:40:49 AM
#4066   Where did everyone go? harbecu 01/19/18 10:35:00 AM
PostSubject