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Also need to post profits before this stock goes up. Money will follow the money being earned by the company. Eventually.... Will have to wait many more months though. IMO. GLTA. Big believerin BFCH for the next year or two+
Same thing happened to !ntv two years ago.
Someone is eating the shares waiting for the huge pop to unload to newbies that are excited when big news is released.
That is why it is not going to the moon right now. However, you are also underestimating peoples resolve to hodl this stock. Personally I can wait years. No rush...
Not worried either, just being patient. As bitcoin drops in price it becomes easier (and cheaper) to mine to keep new bitcoins released about every 10 minutes.
Need to start mining, producing profits and then posting such. THEN, the stock can finally start moving up...
Spark is the profits that will have to be posted. Right now we wait a few more months...
This thing will start moving up when actual profits start getting posted in the quarterly reports. Still don't know how many machines they bought...
Still need that audit committee set up to get rid of that "shell risk" symbol. Ugh...
At that point in Q4 BFCH should be mining already. However we don't know how many machines they bought in bulk. It could be only 50 machines for all we know. Also concerning is we have not seen an update from the CEO in about a month, where he used to provide updates at least weekly. Overall this is disappointing.
Libra buzz is pretty much gone. The next big BTC catalyst will be the halving event in May 2020. A few more months of waiting, but possible bigger jumps starting in December.
GLTA.
No news lately. No PR's, no tweets, yield sign still up, shell risk still up. I'm waiting for some positive news and changes.
The beast is sleeping right now. Will wake up in a few months though.....
Volume = 0 so far today :(
I agree.
Waiting for the day...
Could use a new PR or tweet about now.
My position on this is filled at 800k shares. My decades of experience has proven short term expectations frequently are held back, but over the months to years is when the real patient money is made. Hoping this goes up big and quickly is not very realistic at all. Patience will test your strength, and just when you cannot wait any more months and sell is when the thing finally goes up.
This company has a plan but it will take many months to come to fruition and produce profits. Only then will this stock retain large gains.
GLTA :)
I still believe it will take many months to finally go substantially higher.
This will be put together once the audit committee is set up. Also, uplisting to OTCQB is their goal too.
Lots of patience needed here, like many months......... Fortunately the company has been quite transparent so far.
They are accumulating to then sell large amounts when some big news comes out. The MM's are doing the accumulating.
Would like to have the CEO get that yield sign removed first, get the building finished, get the miners running and start putting out PR's with the profits that are being generated. I hope the CEO HODL's a lot of the bitcoin if possible, this will only increase in value with the halving event occuring in May 2020... IMO.
Still not happy about the newly added Yield sign on the OTC Markets site :(
Me neither. Disappointing.
Ok. So what is with the Yield sign now out on the OTC page?
Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC.
Good cheerleading :)
Go BFCH !!!
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/ * * \
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Qualifications
Eligibility Requirements
U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)
Meet minimum bid price test of $0.01
Not be in bankruptcy
Have at least 50 Beneficial Shareholders, each owning at least 100 shares
Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.
Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)
Have a transfer agent that participates in the Transfer Agent Verified Share Program (US Companies only)
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements
Meet one of the following Reporting Standards:
SEC Reporting Standard
Regulation A Reporting Standard (Tier 2)
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only)
Have a board of directors that includes at least two Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements
Maintain a Verified Company Profile
Post initial and annual verification and management certification
No real news. Just need that audit committee set up so we can look at actual financial results, and then uplist to OTCQB. Until then, nothing really to see in the report. However, the CEO keeps coming through as promised and that is very good.
I would like to know how much cash & assets they have on hand for buying more mining equipment. Also looking forward to Q4 mining starting up.
Until then, snoooooze......... Dormancy.
I have 880k shares myself waiting and playing the long game........
Hope they release their results tonight.
Hoping for a favorable quarterly report tonight (5 days after the Aug 15 delay notification).
NOTIFICATION OF LATE FILING
Name of the Issuer: BitFrontier Capital Holdings, Inc.
Check One: [] Annual Report [X] Quarterly Report [] Interim Report
For Period Ended: 6/30/2019
Address of Principal Executive Office:
1320 Central Park Blvd.
Suite 200
Fredericksburg, VA 22401
Reason for Delay in Posting Financial Report: State below in reasonable detail why the
Annual/Quarterly Report could not be filed within the prescribed time period.
Minor delay with accounting information needed to compile the financial statement.
Anticipated Filing Date:
[Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly
or Interim Report and 15 calendar days to post an Annual Report.]
8/20/2019
Person to contact regarding this notification:
Date: 8/15/2019
Signature: /s/ Spencer Payne
Name: Spencer Payne
Title: President
Hope you are right. Better for me too.
Will base here for a few more months until the mining machines are finally installed and making profits. Until then, snoooooze...............
I would like to know how many machines were purchased in bulk recently.
Thanks. Hope you are correct. Is there any way to confirm this?
Waiting for mining to actually happen, revenues and profits to be posted in a press release in order to truly value this company at a higher level. Need many many months of patience.
Like I said before, we will wait many months for solid BFCH gains to materialize. Patience is the long game here folks!
Totally agree! They are working hard, but hard work takes time. If investors (not traders) are patient over the next 1/2 year, one year, and two years they they will be rewarded. However if they are interested in short term and it doesn't move, then impatience will cause them to move on to the plethora of OTC duds out there and be disappointed. Then when people check back many months from now they will be even more disappointed and saying, "woulda, coulda, shoulda."...
We will go up once the 1st building is completed, then more when the miners are installed and running. Then when BFCH uplists to OTCQB, then when quarterly reports get put out with good numbers, Then the second building gets started, etc... This will take many many months to play out.
Holding long and strong. Go BFCH! The CEO is building this business planning for a successful future and has been keeping us informed many times along the way.
Patience will win in the long run. Impatience will burn you in the short run. Keep accumulating month after month...
Definitely remember. That is when they were approaching other mining people who are interested in being BFCH 3rd party partners. The more interested parties the better. The more fees they can generate (and profits). Once they build out their five buildings, they can look to expand to other cities to build even more buildings with even more partners. Multi-year approach to building a successful mining business. Profits are being planned for the future. Do you have longer term patience to see how things go over the years?
Anyways, once completed and filled with 3rd party mining equipment, then BFCH will be collecting fees monthly. And that means a constant revenue stream minus expenses with the net result of monthly profits... Sounds good to me. Plus running their own (quantity unknown) miners just produces even more profit. So far I like it. Not sure how much profit, but still profits coming not losses anymore. I am willing to wait at least a year or more to find out. GLTA.