HERE IS THE MINING FACILITY. A ROW OF SELF STORAGE UNITS!!
Warning! This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
Per the website, this is all in the planning stage! They claim to need $10 million!
XTRA Bitcoin Inc Opens Financing Negotiations, Increases MW Capacity 400% and Continues Documentation Process with FINRA to Bring Filings Current
FRUITLAND, ID / ACCESSWIRE / August 22, 2019 / XTRA Bitcoin Inc. (OTC PINK:TCEL) XTRA’s management is assembling the documentation requested by FINRA in response to our corporate action notification regarding merger and name change. Complying with the FINRA requests is the required first step towards bringing our filings current. After FINRA, bringing filings current on OTC to remove the STOP sign is a prerequisite condition to obtaining funding. Management is confident that the FINRA requested documentation and audited financials can be provided in the next 30 to 60 days and has therefore opened financing discussions with several investors and leased additional electrical capacity to bring our project from 2.5MW to 10MW.
XTRA Submits FINRA Action Notification
FRUITLAND, ID / ACCESSWIRE / August 6, 2019 / Progress report update for $TCEL and $XTRA (OTC PINK:TCEL).
Situation: OTC Markets will not accept filings to bring current (remove STOP sign) until Name Change Notification has been processed by FINRA.
Status: Today, XTRA Bitcoin Inc submitted the Issuer Company Related Action Notification to FINRA with documentation of all actions taken to date by Therapy Cells, Inc (TCEL), including the new Directors and Officers, Plan of Merger with XTRA Bitcoin Inc and Articles of Correction that canceled R/S, Articles of Amendment re Name Change from Therapy Cells, Inc. to XTRA Bitcoin Inc, Updated principal address, Change of Registered Agent, etc, along with a Trading Symbol change request. When reviewed and distributed by FINRA, XTRA Bitcoin Inc is ready to bring filings current to remove STOP sign.
XTRA Bitcoin Inc (TCEL) fka Therapy Cells Inc.
Name Change, Merger Complete, Cancel Reverse Split, Officer Change, Twitter
CHEYENNE, WY / ACCESSWIRE / July 15, 2019 / Great news shareholders of $TCEL and $XTRA.
THERAPY CELLS, INC. (OTC PINK: TCEL) has successfully merged with XTRA Bitcoin Inc. Therapy Cells Inc is the surviving entity and has changed its name to XTRA Bitcoin Inc
REGISTERED in WYOMING as XTRA Bitcoin Inc.
David Chua Newest Member of $TCEL
XTRA’s 2.5MW mining facility is adjacent to a utility substation with 7.5MW available for expansion.
As for costs,,,,,,,,,,,,,,,,,,
Between 60 and 80 percent of bitcoin mining revenue goes straight back into paying for electricity.
It will take years.
Idaho is a perfect choice for a Cryptocurrency Host Provider for a range of reasons. First, you will find that according to Forbes and the New York Times, it makes a great location because there is such a low risk of natural disasters.
And the average cost for one coin is $3,289
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Check out what the company has to say.
XTRA’s 2.5MW mining facility is adjacent to a utility substation with 7.5MW available for expansion. They claim to have only 2.5 MW based on their information.
XTRA will manage the installation of the electrical high voltage
infrastructure, transformers, distribution systems, sourcing and acquisition of miners, cooling equipment, filters, racks, internet, and security, and their installations. Obviously the site is not up yet.
Total Investment - Mine Development $10,000,000 for 10 MW. More proof that they are not up and running.