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CBTC looks like BTC broke through 8700 looking good here
CBTC Coins are unlimited when your mining
XTRA Acquires 70% of RINK, Phase 1 Mining Facility Lease and 37 new ASIC Miners
Press Release | 03/09/2020
FRUITLAND, ID / ACCESSWIRE / March 9, 2020 / On March 6, 2020, XTRA Bitcoin Inc. (OTCPINK:CBTC) entered into an agreement to acquire 70% of the RINK, phase 1 mining facility electrical capacity from Xtra Crypto Mining Inc (XCrypto) and contracted to purchase 37 new Antminer T17 55 TH/S ASIC miners. This acquisition will allow XTRA to begin mining while raising funding for its larger Wonka mine project.
The new Antminer T17s are expected to ship from Bitmain in China and arrive in late March 2020. Installation and mining are expected by middle of April 2020.
The RINK facility is in Manitoba, Canada. Canada's low-cost renewable hydropower and cool weather are ideally suited for bitcoin mining operations. The RINK facility is planning a 1.5MW electrical capacity upgrade that will take a year to complete. XTRA intends to acquire 70% of that capacity as part of XTRA's development pipeline.
XTRA has agreed to pay XCrypto $75,730.48 for the miners, installment and electrical distribution and to pay 70% of rent and NNN lease expenses and actual electrical usage. This $75,730.48 acquisition is financed by XCrypto at 12% over 2 years with a monthly payment of $3,564.90. The five-year RINK, phase 1 lease of $700 per month is with Protocall Technologies Inc - PCLI that has a master lease of the RINK property. Affiliated parties disclosure: The Rink property and XCrypto are owned by Paul Knudson and XTRA - CBTC and Protocall - PCLI are controlled by Paul Knudson.
Our discussion may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. You should also review our most recent filings for a more particular discussion of these factors and other risks, particularly under the heading "Risk Factors".
If you would like more information about this topic, please call Paul Knudson at 1-208-630-6678, or email paul@xtrabitcoin.com., $xtrabitcoin.com Twitter: @xtrabitcoin
CONTACT:
Paul Knudson
1-208-630-6678
paul@xtrabitcoin.com
SOURCE: XTRA Bitcoin Inc.
CBTC leaving trips for good!
CBTC Bitcoin screaming to the upside
Bitcoin now above 7700 gonna be a fun ride.
CBTC adding more trips this week!!
$CBTC looking good, some nice volume on Friday and looking forward to clearing out of trips this week.
CBTC Yes sir looking forward to it.
CBTC Welcome aboard good to see some patient longs loading up.
CBTC added more this week.
Nice looks like the flipper wants to get his 5s back at 4 hope they loose the rest too.
Bitcoin is moving on up 7520 now
WOW huge ask slap just demolished the 5s
Yes Sir gonna be fun to watch the slap fest.
Absolutly agree
They will run when slapped also.
Paso not a bad decision.
Loaded and holding
PASO small loading wall scaring weak hands out.
Added more
The press release at this link
It announces, in fact, the first step taken by Paul Knudson (CEO) in formally taking control of the TCEL ticker (now CBTC) before the numerous steps taken over the following months to launch the XTRA Bitcoin, Inc. business - including company name change and ticker symbol change, years of financial reports filed and more to become current.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/officers-directors-merger-details-004000070.html
XTRA Acquires 70% of RINK, Phase 1 Mining Facility Lease and 37 new ASIC Miners
Press Release | 03/09/2020
FRUITLAND, ID / ACCESSWIRE / March 9, 2020 / On March 6, 2020, XTRA Bitcoin Inc. (OTCPINK:CBTC) entered into an agreement to acquire 70% of the RINK, phase 1 mining facility electrical capacity from Xtra Crypto Mining Inc (XCrypto) and contracted to purchase 37 new Antminer T17 55 TH/S ASIC miners. This acquisition will allow XTRA to begin mining while raising funding for its larger Wonka mine project.
The new Antminer T17s are expected to ship from Bitmain in China and arrive in late March 2020. Installation and mining are expected by middle of April 2020.
The RINK facility is in Manitoba, Canada. Canada's low-cost renewable hydropower and cool weather are ideally suited for bitcoin mining operations. The RINK facility is planning a 1.5MW electrical capacity upgrade that will take a year to complete. XTRA intends to acquire 70% of that capacity as part of XTRA's development pipeline.
XTRA has agreed to pay XCrypto $75,730.48 for the miners, installment and electrical distribution and to pay 70% of rent and NNN lease expenses and actual electrical usage. This $75,730.48 acquisition is financed by XCrypto at 12% over 2 years with a monthly payment of $3,564.90. The five-year RINK, phase 1 lease of $700 per month is with Protocall Technologies Inc - PCLI that has a master lease of the RINK property. Affiliated parties disclosure: The Rink property and XCrypto are owned by Paul Knudson and XTRA - CBTC and Protocall - PCLI are controlled by Paul Knudson.
Our discussion may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. You should also review our most recent filings for a more particular discussion of these factors and other risks, particularly under the heading "Risk Factors".
If you would like more information about this topic, please call Paul Knudson at 1-208-630-6678, or email paul@xtrabitcoin.com., $xtrabitcoin.com Twitter: @xtrabitcoin
CONTACT:
Paul Knudson
1-208-630-6678
paul@xtrabitcoin.com
SOURCE: XTRA Bitcoin Inc.
$CBTC info re David Chua and funding:
This press release is a good start for the conversation of "funding" for XTRA Bitcoin, Inc.:
Quote:
XTRA Bitcoin Inc Opens Financing Negotiations, Increases MW Capacity 400% and Continues Documentation Process with FINRA to Bring Filings Current
Thursday, August 22, 2019 10:15 AM
Progress Report
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.
...Bringing filings current and removal of the OTC STOP sign is important to lenders and investors who want to participate in funding our bitcoin mining business. We have had many outside investors contact us regarding investing and working with us developing bitcoin mining. Most of these investors are from China, Singapore, Malaysia and Korea. XTRA is engaged in negotiating terms, hoping to secure growth funding, financial stability, and long-term shareholder value.We hope to add some new members to our team from the Southeast Asia/China region and will keep shareholders updated on the events as they progress.
...With adequate funding, XTRA can also obtain rights to over 40MW in other jurisdictions for additional growth.
Things are going to get very exciting over these coming weeks and months and once again we thank and appreciate our shareholders that believe in us. We believe that patience, persistence, and hard work pays.
Read the entire press release - there is more in this press release that essentially lays out the business model & plan for XTRA Bitcoin, Inc.:
https://www.accesswire.com/557009/XTRA-Bitcoin-Inc-Opens-Financing-Negotiations-Increases-MW-Capacity-400-and-Continues-Documentation-Process-with-FINRA-to-Bring-Filings-Current
------------------------------------------
Note the references to "TCEL" - As follow-up to the reverse takeover of Therapy Cells, Inc. by XTRA Bitcoin, Inc., the company name has been changed from Therapy Cells, Inc. to XTRA Bitcoin, Inc. and ticker symbol has been changed from TCEL to CBTC.
------------------------------------------
Next...
$CBTC Announcement:Contract with high-profile Asian corporate finance specialist
October 2, 2019 Press Release: Contract Signed With Financial Consultant to Lead Expansion Capital Raise
https://www.accesswire.com/561676/Contract-Signed-With-Financial-Consultant-to-Lead-Expansion-Capital-Raise
Quote:
Wednesday, October 2, 2019 9:20 AM
Contract Signed with Financial Consultant to Lead Capital Raise For Expansion
Corporate Progress
FRUITLAND, ID / ACCESSWIRE / October 2, 2019 / XTRA BITCOIN INC (OTC PINK:TCEL) $TCEL $xtrabitcoin: {Now CBTC}
XTRA's Board is pleased to introduce our newest team member, Mr. David Chua Soon Li. Based in Malaysia, David Chua has more than 25 years of experience in finance and advisory, corporate consultancy, fund raising, portfolio and fund management across various asset classes including equities, derivatives, bonds, hedge funds, FX, real estate and private equity. He has extensive market experience across Asia, US, Europe, Middle East and Emerging Markets. With strong communication, data and technical analysis skills, he has performed due diligence and participated in mergers and acquisitions, project management, public speaking and management reporting.
As CEO of IPMUDA BERHAD he brought in approximately $500m RM, $125 million USD revenues per year. David has served as VP for investments at Al Mojil Investment in Saudi Arabia, Dubai. He was Senior Manager at SBB Securities during that time, he helped oversee 32b RM, USD 7.2 billion assets. Earlier Mr. Chua served at BBMB Securities from 1991 to 2001 as an institutional sales dealer for the Employees Provident Fund (EPF), Lembaga Tabung Haji, UBS, Goldman Sachs and various investment and mutual funds.
XTRA's CEO Paul Knudson welcomes David to the XTRA Bitcoin Team. We are very excited to David bring his experience and vast connections to guide our capital raise as we grow our company and increase revenues.
XTRA believes his connections and expertise will help us get the best financing terms that benefit the company and shareholders. Management has been working diligently to bring current all filings and has negotiated for reduced interest rate on outstanding debt and the elimination of all convertible debt note. This has removed dilution risk and strengthens the company's financial position as it pursues expansion financing.
Read the entire press release:
https://www.accesswire.com/561676/Contract-Signed-With-Financial-Consultant-to-Lead-Expansion-Capital-Raise
October 28 Tweet from Knudson with a "friendly message to CBTC shareholders from David Chua":
https://twitter.com/xtrabitcoin/status/1188816356533080066
Here are some interesting links for understanding what was stated in the PR about David Chua's previous work, experience, connections, etc.:
---
Article - Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019
https://www.nst.com.my/business/2017/07/259501/ipmuda-bhd-aims-rack-rm4-million-sales-mid-2019
Chief Executive Officer of Ipmuda Berhad, David Chua (second from left) and Group Chief Executive Officer of Methven, David Banfield (second from left) during International Architecture, Interior Design and Building Exhibition (Archidex) after signing ceremony between Ipmuda Berhad and Methven at Kuala Lumpur Convention Centre (KLCC). Looking on, New Zealand's High Commissioner to Malaysia, John Subritzky (right) and Product Manager of Ipmuda Berhad, Kenneth Chua (left). (pix by ASYRAF HAMZAH)
For example - in the above article - look who is/was the controlling shareholder of Ipmuda Bhd:
Quote:
Its controlling shareholder is Tan Sri Abu Sahid Mohamed, who has a 22.03 per cent stake via his flagship Maju Holdings Sdn Bhd.
VERY wealthy. Seems that "Chief Executive Officer of Ipmuda Berhad, David Chua (second from left)" has very good financial connections, indeed!
---
Try the investors link for the company (Ipmuda Bhd)), and read the annual reports:
https://www.ipmuda.com.my/investor-relations.html
Here:
https://www.ipmuda.com.my/images/IR/Ipmuda-2018-AR-CG-Report.pdf
Go to page 20 (page 67 of the PDF file). Look at the P&L table. Hint: it's in 1,000's of RM (Ringgit, the Malaysian currency... 1RM = 0.24 USD).
---
...and the Agreement (8K filing):
Find this, and all other disclosures for CBTC at: https://www.otcmarkets.com/stock/CBTC/disclosure
$CBTC 8K(Filed_10/8/19) Consulting Agreement w/incentives to provide funding solution that will drive share price substantially higher than 0.015 by July 2020, and substantially higher than 0.07 by December 2020:
Quote:
2) The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL @$0.015, expires July 27, 2020.
3) The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL @$0.07, expires December 31, 2020.
Warrants are probably "cashless," meaning that the holder doesn't actually pay cash for the shares when exercising the purchase warrant. Instead, the cost per share - either 0.015 or 0.07 in this case - is taken out in shares that result from exercising the warrant. For the warrant to be worth anything at all, the shares price must exceed the strike price (0.015 or 0.07 in this case). For example, if the pps=0.03 on January 15, 2020, Chua could exercise his purchase warrant for a portion of the 10,000,000 shares, say 2,000,000. The cost is 0.015, so that would cost him half of those 2,000,000 shares, and he would receive a net quantity of 1,000,000 shares. So it's much more desirable for him to exercise the warrant with a substantially higher pps. But that's why he may elect to exercise only part of them at a lower price like 0.03 - waiting then until as late as possibly, before the July 27 expiration, to exercise the last of the 10,000,000 shares (at hopefully a pps as high as .05 or 0.10 or even higher).
Similarly, this means he will need the pps to be much higher than 0.07 in order to gain something from those before December 2020.
Tiered commission structure incentivized for level of funding up to $250,000,000 as well as for timing as soon as possible:
Quote:
4. Client desires to incentivize the maximum amount of capital raised, therefpre, for all debt, equity, or in-kind capital that is invested in XTRA Bitcoin Inc. on terms acceptable to Client, that was acquired through the efforts of the Consultant, the Client will pay to Consultant a commission based on the following tiered structure:
4.A. 3% of $250,000 to $2,500,000
4.B. 3.5% of $2,500,001 to $7,500,000
4.C. 4% of $7,500,001 to $15,000,000
4.0. 4.5% of $15,000,001 to $50,000,000
4.E. 5% of $50,000,001 to $100,000,000
4.F. 5.5% of $100,000,001 to $250,000,000
5.H. Time is of the essence: Client desires to be fully funded and operational before the Bitcoin halving event scheduled to occur in May 2020, therefore, Client will also compensate Consultant for timely performance as follows:
5.1. An additional 3% for alt funds deposited before October 31, 2019.
5.J. An additional 2.5% for all funds deposited by December 31, 2019.
5.K. An additional 2% for all funds deposited by March 31, 2020
5. L. An additional 1% for all funds deposited by May 31, 2020.
Full text of 8K filing: https://www.otcmarkets.com/filing/html?id=13679915&guid=xgISUWznfTRImth
Quote:
ITEM 8.01 OTHER EVENTS
Company entered into a Consulting Agreement on September 30, 2019.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit 10.1 Consulting Agreement between XTRA Bitcoin Inc. and David Chua Soon Li, dated September 30, 2019
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
THERAPY CELLS INC.
By: /s/ Paul Knudson
Paul Knudson
Chief Executive Officer
Date: October 8, 2019
Exhibit 10.1
CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT (the "Agreement") dated this 30th day of September, 2019 BETWEEN:
CLIENT
XTRA Bitcoin Inc (TCEL)
917 Bobwhite Street
Fruitland, Idaho 83619
(the "Client")
CONSULTANT
David Chua Soon Li
Kuala Lumpur, Kuala Lumpur,
Malaysia
(the "Consultant")
BACKGROUND
A. The Client is of the opinion that the Consultant has the necessary qualifications, experience and abilities to provide consulting services to the Client.
B. The Consultant is agreeable to providing such consulting services to the Client on the terms and conditions set out in this Agreement.
IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth . in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the Client and the Consultant (individually the "Party" and collectively the "Parties" to this Agreement) agree as follows:
SERVICES PROVIDED
1. The Client hereby agrees to engage the Consultant to provide the Client with the following consulting services (the "Services"):
1) Serve as Advisor for Corporate Finance and Investor Strategies.
2) Raise capital for expansion of XTRA Bitcoin Inc.
3) Provide Video for Investor Presentation.
4) Consult with Client's CEO during capital raise. 5.Name, Bio, and picture on Client website .
2. The Services will also include any other consulting tasks which the Parties may agree on. The Consultant hereby agrees to provide such Services to the Client.
TERM OF AGREEMENT
3. The term of this Agreement (the "Term") will begin on the date of this Agreement and will remain in full force and effect until December 31, 2020 or the completion of the Services, subject to earlier termination as provided in this Agreement, or extended with mutual and written consent by both parties.
4. In the event that either Party wishes to terminate this Agreement prior to the completion of the Services, that Party will be required to provide 30 days' written notice to the other Party.
PERFORMANCE
5. The Parties agree to do everything necessary to ensure that the terms of this Agreement take effect. Nothing in this agreement will interfere with the right of the Client to simultaneously raise capital.
CURRENCY
6. Except as otherwise provided in this Agreement, all monetary amounts referred to in this Agreement are in USO (US Dollars).
COMPENSATION
7. The Consultant will charge the Client for the Services as follows (the "Compensation"):
1) The Client will pay the Consultant an upfront fee consisting on 10,000,000 common shares of TCEL and file notice with SEC.
2) The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL @$0.015, expires July 27, 2020.
3) The Client will issue an additional warrant for the Consultant to purchase 10,000,000 common shares of TCEL @$0.07, expires December 31, 2020.
4) Client desires to incentivize the maximum amount of capital raised, therefpre, for all debt, equity, or in-kind capital that is invested in XTRA Bitcoin Inc. on terms acceptable to Client, that was acquired through the efforts of the Consultant, the Client will pay to Consultant a commission based on the following tiered structure:
4.A. 3% of $250,000 to $2,500,000
4.B. 3.5% of $2,500,001 to $7,500,000
4.C. 4% of $7,500,001 to $15,000,000
4.0. 4.5% of $15,000,001 to $50,000,000
4.E. 5% of $50,000,001 to $100,000,000
4.F. 5.5% of $100,000,001 to $250,000,000
5.H. Time is of the essence: Client desires to be fully funded and operational before the Bitcoin halving event scheduled to occur in May 2020, therefore, Client will also compensate Consultant for timely performance as follows:
5.1. An additional 3% for alt funds deposited before October 31, 2019.
5.J. An additional 2.5% for all funds deposited by December 31, 2019.
5.K. An additional 2% for all funds deposited by March 31, 2020
5.L. An additional 1% for all funds deposited by May 31, 2020.
Client will also award stock bonuses when Consultants' capital raise exceeds:
5.M. $15,000,000 earns 15,000,000 free-trading common shares.
5.N. $50,000,0000 earns 50,000,000 free-trading common shares.
5.0. Each Additional $50,000,000 raised earns an additional 50,000,000 free-trading common shares.
8. Invoices submitted by the Consultant to the Client are due at time the capital raised is available to Client.
9. In the event that this Agreement is terminated by the Client prior to completion of the Services but where the Services have been partially performed, the Consultant will be entitled to pro rata payment of the Compensation to the date of termination provided that there has been no breach of contract on the part of the Consultant.
10. The Consultant will not be reimbursed for any additional expenses incurred in connection with providing the Services of this Agreement, except those stipulated in the Compensation clause in this Agreement.
CONFIDENTIALITY
11. Confidential information (the "Confidential Information") refers to any data or information relating to the Client, whether business or personal, which would reasonably be considered to be private or proprietary to the Client and that is not generally known and where the release of that Confidential Information could reasonably be expected to cause harm to the Client.
12. The Consultant agrees that they will not disclose, divulge, reveal, report or use, for any purpose, any Confidential Information which the Consultant has obtained, except as authorized by the Client or as required by law. The obligations of confidentiality will apply during the Term and will survive indefinitely upon termination of this Agreement.
13. All written and oral information and material disclosed or provided by the Client to the Consultant under this Agreement is Confidential Information regardless of whether it was provided before or after the date of this Agreement or how it was provided to the Consultant.
OWNERSHIP OF INTELLECTUAL PROPERTY
14. All intellectual property and related material, including any trade secrets, moral rights, goodwill, relevant registrations or applications for registration, and rights in any patent, copyright, trademark, trade dress, industrial design and trade name (the "Intellectual Property") that is developed or produced under this Agreement, is a "work made for hire" and will be the sole property of the Client. The use of the Intellectual Property by the Client will not be restricted in any manner.
15. The Consultant may not use the Intellectual Property for any purpose other than that contracted for in this Agreement except with the written consent of the Client. The Consultant will be responsible for any and all damages resulting from the unauthorized use of the Intellectual Property.
RETURN OF PROPERTY
16. Upon the expiration or termination of this Agreement, the Consultant will return to the Client any property, documentation, records, or Confidential Information which is the property of the Client.
CAPACITY/INDEPENDENT CONTRACTOR
17. In providing the Services under this Agreement it is expressly agreed that the Consultant is acting as an independent contractor and not as an employee. The Consultant and Client acknowledge that this Agreement does not create a partnership or joint venture between them, and is exclusively a contract for service. The Client is not required to pay, or make any contributions to, any social security, local, state or federal tax, the unemployment compensation, workers' compensation, insurance premium, profit-sharing, pension or any other employee benefit for the Consultant during the Term. The Consultant is responsible for paying, and complying with reporting requirements for, all local, state and federal taxes related to payments made to the Consultant under this Agreement.
NOTICE
18. All notices, requests, demands or other communications required or permitted by the terms of this Agreement will be given in writing and delivered to the Parties at the following addresses:
a. XTRA Bitcoin Inc (TCEL), Attn: Paul Knudson 917 Bobwhite Street, Fruitland, Idaho. 83619
b. David Chua Soon Li, A-05-06, KM1 West Condominium, Jalan 1/1558, Bukit Jalil, 57000 Kuala Lumpur, Kuala Lumpur, Malaysia or to such other address as either Party may from time to time notify the other, and will be deemed to be properly delivered (a) immediately upon being served personally, (b) two days after being deposited with the postal service if served by registered mail, or (c) the following day after being deposited with an overnight courier.
INDEMNIFICATION
19. Except to the extent paid in settlement from any applicable insurance policies, and to the extent permitted by applicable law, each Party agrees to indemnify and hold harmless the other Party, and its respective affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from or arise out of any act or omission of the indemnifying party, its respective affiliates, officers, agents, employees, and permitted successors and assigns that occurs in connection with this Agreement. This indemnification will survive the termination of this Agreement.
MODIFICATION OF AGREEMENT
20. Any amendment or modification of this Agreement or additional obligation assumed by either Party in connection with this Agreement will only be binding if evidenced in writing signed by each Party or an authorized representative of each Party.
TIME OF THE ESSENCE
21. Time is of the essence in this Agreement. No extension or variation of this Agreement will operate as a waiver of this provision.
ASSIGNMENT
22. The Consultant will not voluntarily, or by operation of law, assign or otherwise transfer its obligations under this Agreement without the prior written consent of the Client.
ENTIRE AGREEMENT
23. It is agreed that there is no representation, warranty, collateral agreement or condition affecting this Agreement except as expressly provided in this Agreement.
ENUREMENT
24. This Agreement will enure to the benefit of and be binding on the Parties and their respective heirs, executors, administrators and permitted successors and assigns.
TITLES/HEADINGS
25. Headings are inserted for the convenience of the Parties only and are not to be considered when interpreting this Agreement.
GENDER
26. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.
GOVERNING LAW
27. This Agreement will be governed by and construed in accordance with the laws of the State of Idaho.
SEVERABILITY
28. In the event that any of the provisions of this Agreement are held to be invalid or unenforceable in whole or in part, all other provisions will nevertheless continue to be valid and enforceable with the invalid or unenforceable parts severed from the remainder of this Agreement.
WAIVER
29. The waiver by either Party of a breach, default, delay or omission of any of the provisions of this Agreement by the other Party will not be construed as a waiver of any subsequent breach of the same or other provisions.
IN WITNESS WHEREOF the Parties have duly affixed their signatures under hand and seal on this 30th day of September, 2019.
XTRA Bitcoin Inc (TCEL)
/s/ Paul Knudson
Paul Knudson
/s/ David Chua Soon Li
David Chua Soon Li
CBTC latest tweet
Bitmain has shipped 2 more batches of 8 miners to our Canadian facility.
https://twitter.com/xtrabitcoin
From dark to pink current
Name change from TCEL to CBTC
https://xtrabitcoin.com/
https://www.otcmarkets.com/stock/CBTC/security
AS 2.9B
OS
2,048,474,905
$CBTC bitcoin moving back up 7490.00 still adding here.
PASO Picked up 50k this morning
PASO all the puzzle pieces coming together now!
Gonna try and grab some more this am.
Monster Upside from here.
$PASO
RE: Dividend
$PASO I 100% AGREE WITH YOU LOADING UP ON SOME CHEAPIES
PASO NEWS OUT:
Commack, NY, Apr 17, 2020 (GLOBE NEWSWIRE via COMTEX) -- Commack, NY, April 17, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Patient Access Solutions, Inc. (OTC PINK: PASO), a provider of technology and management solutions for the healthcare and financial industries, is proud to update its shareholders:
Dear Shareholders:
RE: Merger
As we previously shared via our Corporate Twitter account, The Covid-19 Pandemic had a direct impact on the timeline of the negotiations and pending transaction with the Private Equity represented Merger Candidate. Throughout this unfortunate pause we continued to coordinate with our advisors and representation of all parties involved to assure the opportunity would remain active moving forward.
We are pleased to announce the process has been restarted with a target date to have a Letter of Intent (LOI) secured on or before May 29th with closing of the transaction before the end of June. The adjusted timeline is at the request of the Merger Candidate so as to secure two final agreements prior to the transaction. The Covid-19 situation that has impacted the world has ironically created an opportunity to restart the process sooner than was anticipated as Global M&A for the most part had been suspended.
NOW PLAYING:
Trump Says U.S. Will Halt Funding to the World Health Organization
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RE: Dividend
With the transaction process being reinitiated we are pleased to announce that the previously announced dividend will be finalized in the coming days. We expect to have a formal announcement regarding calculations and shareholder minimums to participate next week.
RE: Communication
The Board of Directors and Advisors are committed to transparency and appreciate the email requests for more information regarding potential merger candidates, confirmation of timelines, etc. We respectfully request that shareholders be patient during this last stretch as we cannot acknowledge anything more than has been communicated via our official twitter account or Press Release. It's in the best interest of all shareholders that this final phase of the process remain highly confidential to protect the integrity of the transaction.
We once again want to assure our shareholders that the organization is committed to a transaction that will maximize shareholder value and that is the primary focus of all our activities.
About Patient Access Solutions Inc.(www.pashealth.com)
Patient Access Solutions Inc. (PASHealth) is a Healthcare Solutions company which has created a formidable array of technology, management resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment. For more information about the services and products of Patient Access Solutions, please visit our website at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
Contact:
info@pashealth.com
Paso Yep looks that way gonna take some hit on the ask to move him
PASO Thinking this might be last day for the cheapies
PASO MIGHT SEE SILVER TODAY... SHES MOVING
PASO Yes sir totally agree with you
PASO SILVER INBOUND!! THEN DIMES QUATERS DOLLARS
PASO .03 BREAK COMING
$PASO Nice HOD close and this is only the beginning for this little GEM
$PASO Yes sir, Pennies to DOLLARS still holding every share and its looking good
I also will be adding as soon as funds clear as well $CBTC
Gonna add a few tomorrow.
BTC Breaking through 7400 now looking like its headed back up.
823,000 shares was you whole position?
$PASO Shhhh still adding cheapies lol
$CBTC Mining equipment is on the way patience pays