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TimefireVR Inc. (TFVR)

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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.

 




 
TFVR
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TFVR News: Amended Statement of Ownership (sc 13g/a) 02/14/2019 06:27:30 PM
TFVR News: Amended Statement of Ownership (sc 13g/a) 01/31/2019 02:33:38 PM
TFVR News: Information Statement - All Other (definitive) (def 14c) 01/18/2019 04:07:09 PM
TFVR News: Proxy Statement - Other Information (preliminary) (pre 14c) 01/07/2019 04:45:22 PM
TFVR News: Statement of Beneficial Ownership (sc 13d) 01/07/2019 04:38:49 PM
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#12421   Looking at their website, which hasn't been updated Newbuyr 03/20/19 11:22:38 AM
#12420   Anyone interested send me a pm. They should Flyhalf 03/18/19 10:38:21 PM
#12419   All I have to say w/o saying it Flyhalf 03/18/19 10:30:32 PM
#12417   Um, we have ZERO official filings by the investor2004 03/17/19 11:40:20 PM
#12416   Which part of TFVR's "running Business" or anounced, Sauerkraut 03/17/19 05:39:04 PM
#12415   If in fact crypto goes bullish next week investor2004 03/16/19 03:17:07 PM
#12414   Good luck JC. My recollection was that Timefire Samshalom1 03/16/19 02:06:27 PM
#12413   Will see next week how Bitcoin effected this stock jcbaby 03/16/19 12:38:40 PM
#12412   I dont think TFVR is a player in Bohdmeist 03/16/19 12:16:04 PM
#12411   bitcoins starting to get very bullish so that jcbaby 03/16/19 02:37:40 AM
#12410   Is it just me? Or has the trading acman001 03/15/19 08:57:17 PM
#12408   hope investors are locked and loaded up for jcbaby 03/08/19 03:55:45 PM
#12407   It looks like Bitcoin is about to pop jcbaby 03/08/19 03:21:22 PM
#12406   My fist sign is the new MM's...Hopefully we steve_r509 03/08/19 11:39:46 AM
#12405   Agreed it's going to pop up very fast jcbaby 03/08/19 11:23:50 AM
#12404   This is what's called a sleeping GIANT....Bitcoin is steve_r509 03/08/19 10:42:14 AM
#12403   nothing to worry about bitcoins are about to jcbaby 03/08/19 01:04:59 AM
#12402   Sure hope you are right. Long bear investor2004 03/07/19 03:54:43 PM
#12401   as bitcoin begins to soar so will timefireVR jcbaby 03/06/19 09:38:08 PM
#12400   I got out last month as well for Dijibu 03/02/19 04:52:59 PM
#12399   Voted down? Nobody can vote that shady move Sauerkraut 02/25/19 12:15:08 PM
#12398   I was originally not happy about it. investor2004 02/25/19 10:46:02 AM
#12397   It was, but voted down... given the BHawksFan77 02/25/19 08:46:49 AM
#12396   WOW... That's a shady move!!! 420man 02/23/19 04:47:43 PM
#12395   Crypto looks like it may run this weekend. investor2004 02/22/19 06:44:26 PM
#12391   Trades Report Maybe Even More Proof investor2004 02/22/19 11:37:00 AM
#12390   FYI to all...typical short interest reports are weeks investor2004 02/22/19 11:13:33 AM
#12389   Short "Volume"s meaningless intra-day order processing. MMs often Homebrew 02/22/19 10:57:37 AM
#12388   Official FINRA Report Confirming 89% investor2004 02/22/19 10:53:41 AM
#12387   Looking More Promising With New Action investor2004 02/22/19 10:33:17 AM
#12386   Yeah. After over a year, I needed to Samshalom1 02/22/19 08:27:40 AM
#12385   So you're out now too - ouch. chupon 02/22/19 08:06:26 AM
#12384   That was me folks finally getting a little Samshalom1 02/21/19 12:23:07 PM
#12383   pps up 36%. Thats cruel. Based on past Bohdmeist 02/15/19 09:11:57 PM
#12382   Maybe my being stuck and unable to exit Samshalom1 02/15/19 03:20:01 PM
#12381   I am at a total loss. Not sure Flyhalf 02/15/19 03:11:20 PM
#12380   Interesting Samshalom1 02/14/19 09:41:53 PM
#12379   Could be wrong, but the way it appears investor2004 02/14/19 09:34:51 PM
#12378   Do you know if they are still invested? Samshalom1 02/14/19 09:33:13 PM
#12377   Calvary Fund-Another Interesting Player investor2004 02/14/19 09:06:38 PM
#12375   Energytek, Ecotality and the list goes on and on.... Flyhalf 02/14/19 08:34:50 AM
#12374   new symbol after reverse split...wonder what new business dontpumpme 02/14/19 12:38:01 AM
#12373   Odd! Hey Investor did you see that btc*s Flyhalf 02/13/19 11:26:42 PM
#12372   Point This Out Again-WTH! investor2004 02/13/19 10:19:35 PM
#12371   Something appears to be happening. Not sure what. Samshalom1 02/13/19 10:53:51 AM
#12370   I dont know...however those numbers are what they investor2004 02/13/19 10:50:40 AM
#12369   L2 WT?!?! 7millions shares bidding btw .001 and Flyhalf 02/13/19 10:49:11 AM
#12368   Bizarre bc shorting strategy dictates shorting AFTER the RS.... Flyhalf 02/13/19 10:10:04 AM
#12367   This Is Interesting............... investor2004 02/13/19 01:27:10 AM
#12366   Have been trying to sell. But no luck. Samshalom1 02/12/19 06:16:38 PM
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