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That's good news!
$352,000,000 by my calculations. 22,000bitcoins*$16,000
and a 476,000...someones betting big!
lol it's a SCAM, it literally warns you right on the message board here lol why are some people so blind?
How's that green day looking?
You'll thank me later
13.5K now lol
Because it's a SCAM! do your DD, jesus everybody surprised that it's down lol it's a god damn SCAM!
Agreed!
BTSC(SCAM) finished -15% while BTCS was green!
Well my friend...those are the million dollar questions!
We are still waiting on BCG to deliver their audited financial statements as of the S-1 report;
https://www.sec.gov/Archives/edgar/data/1436229/000149315217013941/forms-1a.htm
Hopefully they get their shit together!
Yes I do, I am fully aware of the meaning. I truly believe that BTCS has the right management in place to make this merger happen. It makes sense for both sides. I also realize that it may not happen too, but that is the chance I and many others have taken; no risk no reward. If the merger goes through, I think with bitcoins massive climb up, plus the new tax bill being passed, this will be the perfect storm to send this stock to the moon! Bitcoin and blockchain are here to stay.
Patience. Everyone knows we are waiting for the merger news...this stock is not going anywhere until some sort of news comes out about the merger!
You are right. I am done with Bio..Just blocked him anyways, Good luck today, go BTCS!
Why does it say it's for TouchIT?
lol leegy bleeding out and trying to catch a falling knife...big mistake buddy. I'm just trying to warn people that the CEO of this company has done this before...do your research people!
I'll let you decide...doesn't take too much looking into to figure it out
CEO's a DISBARRED Lawyer running this penny-scam.
His previous Penny-Scam wiped out shareholders
NY Supreme court found him guilty of these charges:
1) Misappropriated funds entrusted to him.
2) dishonesty, fraud, deceit, or misrepresentation
3) violated his fiduciary duties as an escrow agent by abdicating control over his escrow account to a nonattorney
4) violated his fiduciary duties as escrow agent by failing to maintain required bookkeeping records
5) violated his fiduciary duties as an escrow agent by making cash withdrawals from the escrow account, and not to a named payee
6) commingled personal funds and funds with which he was entrusted as a fiduciary on behalf of others
7) engaged in conduct involving dishonesty, fraud, deceit, or misrepresentation by paying for personal and office expenses from his escrow account, instead of his operating account
8) engaged in conduct that adversely reflects on his fitness as a lawyer by failing to fully and timely cooperate with the Grievance Committee
Additional Legal problems for BTSC:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133743039
CEO also destroyed shareholders running his MJMJ Pot based B & B scam
It blows my mind that people on here know that this is a scam and they still pour their money into it lol
Who names their kid Clay? what a shitty name, loser.
This is the guy running BTSC...lol good luck...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=117674705
Shares of Common Stock as Converted
Common Stock Issued and Outstanding 287,514,073
Series B Preferred Stock (284,447 shares at a 1:200 conversion ratio) 56,889,400
Series C Preferred Stock (79,368 shares at a 1:200 conversion ratio) 15,873,600
Series C-1 Preferred Stock (64,710 shares at a 1:200 conversion ratio) 12,942,000
Warrants to Purchase Common Stock 62,767,248
Total Shares Fully Diluted 435,986,321
If you click on it, it brings you to an article in 2015 and it was the same back then too...here;
http://www.newsbtc.com/2015/04/23/bitcoin-company-btcs-finances-2-3-million-with-boards-participation/
The one with the 4 things underneath? 'shop' 'wallet' 'mining' and 'atm'?
keep singing that Bon Jovi song...."Livin' on a prayer!"
That logo was like that back in 2015 lol
Unfortunately the only thing going to move this stock is news...patiently waiting like everyone else...
bitcoin going bonkers!
So it seems like we don’t have to worry about the stock reverse splitting, however the concern is the stock dilution...
Yes that is correct, they are the shell company.
BGL is acquiring BTCS...hense the reverse merger
Dilution is what's holding this down
A reverse merger is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company. Blockchain Global = Private; BTCS=public, therefore=Reverse merger
Here's a good link on Reverse Mergers Into Public Shell Companies
http://www.clm.com/publication.cfm?ID=24
@biovest - Just want to get your take on why you think if the merge goes through this stock wont pop?
I re-uped another 50,000 more at 0.086!
Guys, look at the Management BTCS has, look at the report that just came out on fulfilling their debt obligations, this are looking up for BTCS!