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The news never said there was no merger, there is still a possibility, learn to read
I see this current news release as good news. Look at how much they improved their financials from last year to this, this opens up a world of possibilities as they mentioned they are currently in talks. I'm sure companies are jumping all over this now clean balance sheet. I bet they did this too to scare BCG and say "hey listen we need to make a move and we are sick of your delays" hopefully it scares them into shape!
No news is good news! If BCG wasn't going to follow through with merger they would have said it already!
I'd tend to agree that this will shoot up to $1 upon merging.. it would be interesting to see if they merge where this stock sits at 2,5,10 years down the road, could be the next Amazon in the making
I know they're not correlated but I'm sure it doesn't hurt, bitcoin on a tare last 24 hours, up over 10%
Nothing has changed. We are still waiting on merger news. This is why most people have bought BTCS, stay the course and be patient. Do you want to be caught with no shares if we decide to merge? you will be kicking yourself. IMO BTCS has done everything so far to satisfy the merger deal, therefore I am not worried, I understand this takes times, merging 2 companies from 2 different countries is complicated. Only invest what you can afford to lose and IMO nothing has changed and I am still a holder until news. GLTA
A scared little cat he is, who doesn't have the balls to hold a position
No panicking here, just patience, which has been needed here, but not to worry. The Reverse Merger is taking longer due to jurisdictions... BTCS (US) - BGL (Australia). It's a little more complicated, anyways, hope to hear news soon! GLTA
They paid them their salaries! lol
That is good news! No deadline, everyone needs to relax! One red day and everyone panics lol most BTC and Blockchain stocks were down today.
lol love all you trying to guess the price swings...most have all been wrong, LONG BTCS!
I was just pointing out what Brichffb was referring too. I am long BTCS and have been for sometime time now. I still believe the merger will be going through
10k November 7th I believe
I believe what he is referring to is this on page 23;
"If we fail to close the Proposed Merger prior to the end of 2017, we will not have sufficient capital to meet our expenses over the 12 months from the date of this Report. We will require significant additional capital to sustain short-term operations and make the investments needed to execute our longer-term business plan. If we attempt to obtain additional debt or equity financing, we cannot provide assurance that such financing will be available to us on favorable terms, if at all."
Well good luck to you as well sir!
Well welcome aboard! and enjoy the ride, like everyone else, we are all waiting on the merger news!
Yes it did happen. Please we have been here a long time and have done a lot of research.
I get where you are coming from. But, from the 8K these guys are on contract and can leave December 20 if they did not get paid, which was a real possibility. And when they leave BTCS falls apart. So, first thing this morning they put out a filing stating they paid their salary, and the bonus is contingent on the following...so in my opinion it is not useless, it's reassuring us shareholders that management has been paid to keep working on the merger. No it is not a done deal, but I believe it is into the later stages and will finalized soon.
Agreed, the reason why we have faith in this one going through is take a look who they brought on, David Garrity, who is highly respected in the business. It could fall apart, yes there is a chance, but from what I can see, they have done everything right so far to make this merger happen, and until I see otherwise I have and still will be long BTCS!
You are citing mis information again, they PAID their salaries, but it's their BONUSES are what is contingent on the following, a little incentive...no?
Great, so why have everybody wonder if the merger is not going through and cast a shadow on their stock by not telling everyone if management has been paid or not? It is true that merger is not 100%, but everything they have done so far has been transparent and there is no reason to believe that it will not go through. So, if you could enlighten everyone and give your reasons why the merger won't go through, we would all love to hear them
They are being transparent... if you actually read the 8k, it says that they could leave BTCS on December 20 (today) if they are not compensated. So what did they do to reassure their investors that they are making good on their promises and there is nothing to worry about, first thing this morning they let us know that they have been paid! Is that so hard to understand? or do you need me to draw you a picture
exactly! Mergers don't happen over night, there's a lot of work on both sides, it takes time, either way we should be finding out in the next few weeks, but my feeling is they are really trying to make this happen and will happen
This does not look fishy...look at who their management is.
BTCS on it's way to the moon, hold your shares, be patient!
well...you're in the wrong camp bud, no pull back here!
Love that!
Big buys coming in!
BTCS! great news this morning, paying management, smells like a merger being close to done!
Merger being finalized is right!
Come onnnn Merger!
Someone lost on BTCS lol bitter that you sold too early? Rookie trader
I’m sure the moderator private messaged them warning them after all of the complaints.
Great day for BTCS! stay long my friends...news should send this to the moon!
Going to be a big week for BTCS, strong finish Friday with potential merger news!
No the guy said he sold his shares for a lose lol I’ve blocked him so I don’t have to see his irrelevant posts anymore , I suggest everyone else does as well
Patience is right. IMO they wouldn't be fine tuning the 8k if there still wasn't a chance at potential merger. I believe they are still working on trying to make it happen, hopefully there is some news over the weekend so we have a better idea. Any replies from your e-mails, please share:) GLTA!
Loving the positive energy in here! This is what we need, let’s rally together and unite! what can I do to fight back against these MMs?
Yes they are, merger coming folks, hold tight!