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TimefireVR Inc. (TFVR)

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Last Post: 12/14/2018 3:03:36 PM - Followers: 169 - Board type: Free - Posts Today: 2



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: Amended Current Report Filing (8-k/a) 12/12/2018 05:25:52 PM
TFVR News: Current Report Filing (8-k) 12/12/2018 05:24:59 PM
TFVR News: Current Report Filing (8-k) 11/30/2018 06:08:31 AM
TFVR News: Additional Proxy Soliciting Materials (definitive) (defa14a) 11/30/2018 06:02:35 AM
TFVR News: Current Report Filing (8-k) 11/21/2018 04:22:19 PM
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#11862  Sticky Note Urgent News And Update! investor2004 09/12/18 03:10:23 PM
#12253   what up maniana, nah I warned first in dontpumpme 12/14/18 03:03:36 PM
#12252   https://c.stockcharts.com/c-sc/sc?s=TFVR&p=D&b=9&g=1&i=t0058888826c&r=15447 DGStocks 12/14/18 09:25:58 AM
#12251   Unfortunately I don’t think any of us will acman001 12/13/18 12:32:54 PM
#12250   I think that would be great...we will just Dijibu 12/13/18 12:15:30 PM
#12249   Honestly, best idea out of a bunch of Flyhalf 12/13/18 11:44:34 AM
#12248   Agreed. I would be for that as well. Flyhalf 12/13/18 11:38:08 AM
#12247   Looks like people are...what other choice do they investor2004 12/13/18 10:50:47 AM
#12246   Well...looks like JR is getting folks to bailout. Dijibu 12/13/18 10:23:47 AM
#12245   Maybe a re-phrase is in order... Bohdmeist 12/13/18 08:36:23 AM
#12243   Looks like read did a stinky pinky ceo Bohdmeist 12/13/18 08:13:34 AM
#12242   Good luck to all with what you got. Sauerkraut 12/12/18 11:21:03 PM
#12241   Would two OFFICIAL Company Shareholder Votes Qualify Here investor2004 12/12/18 07:36:04 PM
#12240   Yes, lots of prayers! No matter what investor2004 12/12/18 07:24:45 PM
#12239   Well...looks like he made the boldest move so Dijibu 12/12/18 07:13:37 PM
#12238   Don't worry, from the look at the vote Lfrye 12/12/18 06:41:18 PM
#12237   eerily familiar... Lfrye 12/12/18 06:30:13 PM
#12236   For an man that likes to complain about Samshalom1 12/12/18 06:20:36 PM
#12235   It looks like it was voted down, however Lfrye 12/12/18 06:05:15 PM
#12234   So if I understand these filings correct - chupon 12/12/18 06:00:52 PM
#12233   R/S a no go?? DrStevens 12/12/18 05:53:39 PM
#12232   Really...someone sells 4900 stares for .0017 to get Dijibu 12/12/18 04:27:23 PM
#12231   Interesting article. Samshalom1 12/12/18 02:50:30 PM
#12230   On an industry note...proof eventually this will all investor2004 12/11/18 09:13:51 PM
#12229   If he has to do multiple votes in investor2004 12/11/18 09:08:54 PM
#12228   See that Read. REAL people. Down REAL money.... Flyhalf 12/11/18 06:46:52 PM
#12227   I’m down $40k... javu2388 12/11/18 01:15:22 PM
#12226   If he wants RS, there will be RS, Maniana 12/11/18 10:27:47 AM
#12225   SMH Maniana 12/11/18 10:26:34 AM
#12224   Yes, there is a pattern. I always take Maniana 12/11/18 10:24:08 AM
#12223   So, I’m thinking that the name change and Samshalom1 12/10/18 06:40:09 PM
#12222   Planned on the RS being a foregone conclusion. investor2004 12/10/18 03:34:55 PM
#12221   Looks like the Shorts are back. Lfrye 12/10/18 03:21:49 PM
#12220   You won’t find bullish post of mine. Maniana 12/10/18 02:43:46 PM
#12219   $10,726 down Ryan119er 12/10/18 02:42:11 PM
#12218   Curious to know how much money people have Jidoe 12/10/18 02:25:47 PM
#12217   Wow this stinker is heading straight to $0. Jidoe 12/10/18 02:23:00 PM
#12216   Yes. Maybe a good sign? Let us investor2004 12/10/18 01:56:02 PM
#12214   TFVR 3k at .0017? Really?LOL $5.10! investor2004 12/10/18 01:49:37 PM
#12213   LOL, I have NOT always been bullish on investor2004 12/10/18 01:38:57 PM
#12212   I don’t think I was the one always Maniana 12/10/18 12:24:21 PM
#12210   To be honest NO ONE knows what we Flyhalf 12/10/18 11:48:35 AM
#12209   LOL, have you read my posts regarding TFVR investor2004 12/10/18 11:43:49 AM
#12208   You are sidetracking the issue. TFVR has no Maniana 12/10/18 11:39:35 AM
#12207   You are probably right, I am sure it investor2004 12/10/18 11:30:58 AM
#12206   “Keel over” buddy, lol, it autocorrected again to Maniana 12/10/18 11:28:37 AM
#12205   Kill over? What is that? investor2004 12/10/18 11:23:49 AM
#12204   I was trying to warn you few months Maniana 12/10/18 11:14:16 AM
#12203   Very good article and I agree with him. investor2004 12/09/18 10:19:41 PM
#12202   Wall Street manipulation. Not a huge fan of Flyhalf 12/09/18 07:03:26 PM
#12201   Look at the bottom for KCSA Contact Info investor2004 12/07/18 07:04:46 PM
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