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It's over Johnny! Headed up . . . Been in this since over a year. Thanks to BTCS, I own plenty of btsc and gahc. And I mean, MUCHO!
From my poking around, and everything is so tight lipped, Management was not required to release that notice. It was not even filed with the SEC. They could have waited a week or a month, before notifying the 'Public' that BCG was not cooperating with the merger, and investors would have waited. Impatiently, but most would have waited on a merger update.
The letter to the public was most likely issued so no Investor gets caught off guard on a new merging partner. Management team could have fled on 1/1/18, but they decided to stick around. They decided way before this past week to entertain other suitors and are already in discussions with possible partners. I'm trying get behind the scenes info, but everything appears to be C&P (Confidential and Privilege).
Something's up.
At Pinchhitter, yes caught your post and your points are valid, and it would also make sense, IF (that's a BIG if) that were indeed the case. Using your own words on yesterday's post " . . . purely speculation on my part."
I'm trying to get in touch with some friends from down under. I'm hearing that some key players from this merger were meeting, as recently last Oct/Nov, in BCG offices. I've been trying to crack the secrecy on BCG's slow response to their side of the deal. Your research and DD, which is appreciated, is only making this more vexing. But I like the challenge.
ps: as someone pointed out yesterday, BCG has already invested 1 Million into this marriage. Walking away and leaving that money on the table will make them look impulsive and shoot down their credibility in the business world. A "rookie" mistake by a 4 year old company? I doubt it. Sam Lee is a shrewd business guy. Next two to four weeks will be interesting, something is going down.
Continued luck! And don't forget, according to the experts this will be hitting five cents by yesterday! All joking aside, this is holding very well considering how many have jumped out.
Some of you have made some good points. Just wanted to share with you that several thought that this company was toast back in 2016 when the Spondoolies Merger collapsed. And then when they did a Reverse Split (R/S of 60:1) in Feb of 2017, several wrote this company off. Those who follow the OTC market can attest that this company is like no other. Back on 2/15/17, right afer the R/S it was at 0.09, three months later it was down to 0.028. But somehow, cryptocurrency caught on fire and this was hitting the upper 0.50's by mid-August. Not saying this will happen again. But am saying don't count this baby out. BTCS made some of us some nice change in 2017, and I'm betting there is still oil in this well.
I still believe BCG is in the game. I found it coincidental that they opened a NYC office a few months before the merger was announced. According to BCG CEO, Sam Lee, they were looking to collaborate with future partners. I wouldn't be surprised if they are simply cleaning their books and its probably taking them a bit longer they envisioned. Putting that aside, Kudos to the BTCS team for hitting the milestones they were required to meet for the merger to proceed. Good job Gentlemen!
Good Luck to All , , , whether you're in BTCS or any other stock.
At KMT1, prior to the statement release this AM, the charts indicated that we were looking at a dip. Several chart readers were predicting 0.14 as the bottom, and they were pretty much on target. One would have thought that the statement release would have had a larger impact on the price (driving it down), especially with those who solely invested on the merger nearing. Talking about those who started investing in Nov/Dec. I'm pretty sure those investors have sold and jumped shipped (and its understandable, especially if that was there game plan - to just take advantage of the merger).
With news out and spreading that the merger is not progressing as originally envisioned and BTCS is keeping their options open, this will bring 'new eyes' and investors who are recognizing a bargain at these low prices.
Keep this in mind, with regards to the BCTS management team - they are aware that the stakes are high and its in their best interest to make sure this company survives. The last thing they want on their resume, or portfolio, is anything alluding to failure. It will ruin their name and credibility in the crypto and blockchain industry.
I have confidence that BTCS will survive this minor setback and envy those who are racking up these shares at these low prices.
Continued luck on whatever you decide.
The more I read and dissect their statement, the more I agree that this is a good move. While I understand that some had invested solely on 'merger' news, truth is, plenty have invested based on the potential of this company, regardless of any merger. Having cleaner books and being listed, will catch some prospective company. I do believe that Blockchain Global is still a possibility, as the deal remains open.
The link to their statement is below.
https://globenewswire.com/news-release/2018/01/08/1285103/0/en/BTCS-Announces-Letter-to-Shareholders-from-CEO.html
Can't find anything on BTCS' website regarding this press release. Regardless, Blockchain Global is not the only player out there, this opens up fresh opportunities and possibly bigger payoffs in the future.
$0.30 or $100 , , , this stock has so much potential, quite frankly anything is possible. All it takes is for one of these patents to hit!
In since 0.003 and know from experience . . . Bought shares prior to the R/S at .003 (after R/S = .18). Probably shouldn't have invested $21k in one shot, but the CEO's experience in this new industry sold me. My two or three email exchanges with him and his honesty further convinced me that it was worth the risk. He gave no guarantees. I can't dare to complain, I've done well.
I've said it before, and I'll say it again. For those on the fence, and unsure on whether investing, do your research. And when you're done doing research, do some more. And then do some more. Whatever you do, don't base a financial decision on what anyone says (including myself) on ANY board. You'll find useful information on this site, but you'll also find misleading information. And that's where your research comes in the picture.
Good luck!
Well said dhj2003.
At Elvis , , , you must understand that no one affiliated with BTCS or Blockchain Global is allowed to discuss or give any information with regards to any impending merger. Such information is considered and called 'inside trading', and is punishable as a federal crime. Its obvious that the information provided in this article was released by someone who wanted to calm or perhaps, enlighten the 'average Joe' on the status of the merger. Something which has been a topic on this board lately.
What gives this article credibility? Its states the facts on how BTCS made some bad plays in the past (it states them all); and how it has its back on the ropes. But it also made an accurate statement, which can be verified in their SEC filings . . . Blockchain Global has already invested 1 million dollars into this merger. The fact that they did this would be reasonable to assume that they are serious about merging.
Regardless of who wrote this article, you can look into BTCS' past and check their filings. You'll come to this conclusion, YOU too could have written this.
Have a good weekend, and long live the king of rockn' roll!
At Robj1975 , , , from my past investigating. GAHC has a small stake in Spanos' BTC. And when I say small, I mean less than 50%. Nick is a shrewd business man and holds a majority and controlling interest. GAHC has stakes in several companies, like BTC, and also has several subsidiaries, where they (GAHC) are the controlling entity. GAHC, as a holding company, has their hands in multiple companies, some of which have patents under review. All it takes is for one to hit , , , hope this answers your inquiry.
Blockchain Global has already put in $1 million in BTCS in a deal that included $250,000 paid in bitcoin. This was done back in October. "This is a clear indication that it will follow through with the merger as planned. When this happens, BTCS will undoubtedly record massive gains."
Thanks to Natureboyjimbo for providing the below link on an earlier post. Patience is key and easy for an investor, not so much for a trader. Hang in there my fellow longs. It can be late 2018 or later today , , ,
http://emerginggrowth.com/btcs-otc-pink-btcs-blockchain-global-deal-still-table/
2017 was epic for us longs , , , here is hoping we have another good year in 2018! I'm not a trader, but an investor. So I can wait.
Here is a two week old article, in case anyone missed it over the holiday.
https://oracledispatch.com/2017/12/20/epic-rise-global-arena-holding-inc-otcmktsgahc/
Regarding the merger . . . just wanted to add my thoughts, as it appears that several are venting their frustrations on why its taking so long.
This merger, where the acquisition of a public company (BTCS) by a private company (Blockchain Global) is typically referred to as a Reverse Merger. While such mergers typically take one to several months to complete, we must keep in mind that we have two separate entities providing oversight and ensuring that all regulations are being met. The U.S. Securities and Exchange Commission (SEC) and the Australian Securities and Investments Commission (ASIC). Its not an 'in-house' merger where both companies are headquartered within the US. The goal here is for Blockchain Global to go public in the US, which is typically a long and burdensome process; however, by merging with a publically listed company (BTCS), Blockchain Global, the private company, can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company, which has already taken place. I'm not a merger or acquisition expert, but its reasonable to believe that because its two different countries involved, it might take a bit longer than usual. I'm pretty sure several reports and files require to be registered for regulation purposes. Patience is the game now.
Continued luck to all, whether you're invested or not.
At Helitrader, sold over two days. But I should point out that when I sold my 7 mil shares, they were already knocked down by the Reverse Spit (60:1) , , , down to 116.7K shares. But fortunately I was able to make some serious cash on those few shares.
If, and should, you decide to sell, be sure to act on reason and not on emotion. Many people act without thinking of the long term consequences.
Been following this stock since it tanked in June of 2016. That's right, 2016. Didn't start investing until Jan 1 of 2017. Bought 7 Mil shares prior to the R/S at .003 (after R/S = .18). Sold off at .32, for a generous 75% profit. Jumped in when it dipped and rode for future profits, which allowed me to invest big stakes in BTSC and GAHC.
I have stopped selling/buying on dips with this particular stock, solely because of the impending merger. Too risky, unless you're following it every 15 minutes. The last thing you want to do is to be chasing this stock, especially if it takes off.
Good luck to everyone, whatever strategy you decide on. I want everyone to make $$$$!
Thanks for the info , , , BGL is quietly growing into a powerhouse.
2017 Looking Back , , , Been a good year my fellow longs. If you began investing in GAHC since this time last year, you certainly aren't complaining.
Back on 1/1/17 it opened at 0.0012!
God willing, we'll have another good year.
Happy New Year!
UAHC had a very good 2017 and is looking healthy going into 2018. Heck they ended 12/22 at 0.38 and GAHC at 0.038 , , , they were at single digits just 4 months ago. Hoping some of their good luck rubs off on us!
Its amusing reading all these posts from people who think or know why GAHC rises or dips. All this talk of dilution; merger; and bashing the CEO??? I’ve been in GAHC since spring 2017 with a small investment of $18k. If I listened to every doubter and stock expert on this board, I’d be in the red. As an FYI, I’ve kept all my share$$$, and have added since. I don’t plan to unload my shares, as I am an investor (not a trader). I don't mind holding for 1 or 12 years. But that’s me.
For those new to this stock and unsure, do your research, do extra research, and once you think you've done enough research, do some additional research. Once exhausted, take a break, reflect on the knowledge you've gained and use your best judgement. Whatever you decide, don’t be so easily influenced by those that Bash or Praise this stock on this or any board.
Continued luck to my fellow longs and a prosperous 2018!!!
$$$$$$$$$$
When I bought earlier this year (and as recently as this past week), I knew what I was getting into. Living life with no risk is boring, at least in my eyes. Prior to investing, I did plenty of research, and did more research, and when I thought I was done, I did even more research. I firmly believe in Blockchain technology. The technology is slowly getting press and with every passing month, its getting more visibility. GAHC has plenty of potential in this emerging industry. The $40K I have invested is money I don't need right now (I am very fortunate to be playing with house money thanks to BTCS and BTSC); and I am willing to wait a long time to see my investment pay off. A long time. I actually prefer a slow, steady rise over the hills/valleys. But that's me , , , a patient investor.
A Happy Holiday Season to my fellow longs!
What gives these 'new' companies an advantage is that they are already listed on the NASDAQ.
For those who missed the debate , , , very informative for those who still don't know what the crypto-currency is all about. As mentioned before, blockchain technology, which is what GAHC is all about, is the key here. Holding long and strong!
I picked up another 25K shares at .2535
Added another 500K Shares this AM at 0.0475 , , , to good to pass up! I'm done at 1 Mill and will leave the rest to the powers that be. Got to be in it, to Win it!
God Bless and Good Luck to all invested!
@Puff , , , Excellent find!!!!!
Today's fluctuation is certainly not for the weak , , , haven't ridden a rollercoaster of this sorts before, and I don't plan on getting off this ride! Continued luck to those of us going long.
I want to thank the Good Lord for making me GAHC investor . . .
Two words , , , Beautiful Comeback!
at Chingga, thanks! you posted two good and informative links!
at synergy trades , , , you know the answer, go for it! I wanted to add 500K at .025 back on Wednesday., and now I need to wait till it drops to .034.
It is fair and reasonable to assume that when the merger announcement was made back in August, their plans were to have it done by the end of the year. Wishing my fellow longs the best of luck over these next 10 business days!
0.50? In the crypto and blockchain industry, anything is truly possible!
At Jbo, sorry to hear that you took a hit on this stock. To be honest with you, I hate hearing when people lose money on any kind of investment opportunity, because frankly speaking, we all want to do well and make some cash. There is nothing wrong with sharing your opinion or experience with this stock, but once you start wishing investors bad luck or start trashing their investment, it makes you come off lookin' like a big A$$hole, which I am sure is not your intent.
Again, sorry to hear about the loss, but learn from the error and move on ,,, Continued Luck, there are plenty of opportunities out there!
At last , , , added another 500K shares today! I own BTCS & BTSC. And while both have treated me well above beyond my dreams, I firmly believe that GAHC is under everyone's radar. Blockchain technology is not only the driver behind crypto-currency, but it's potential application(s) go far beyond. I'm not just talking about voting applications. Do your research on this new technology of a digital ledger . . . its impact on the way future business transactions will be conducted is amazing!
ps: don't let negative or positive comments on this board influence your judgement. Do your research, and do it again, and again, until you feel comfortable with your decision. Good luck to everyone!
Been in since 0.01 & 0.02 days. The recent pop of 0.63 is nothing. This chart is eerily looking like another BITCF. BITCF popped back in April 2017, when it peaked at 0.85 then two weeks later it dropped down to 0.15! It stabilized, and we all know what happened shortly thereafter . . . not predicting the same outcome, but anything is possible in the crypto-currency industry. Continued Luck to my fellow longs! Holding longgg and strong.
This is excellent news!
This chart looks like BITCF did back in April of 2017, when it peaked at 0.85 then two weeks later it dropped down to 0.15! It stabilized and we all know what happened shortly thereafter . . . not saying the same will happen, but ya never know!