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I wasn't thinking you were being negative, just noting the date of the google image. After reviewing several pics from the BFCH website/twitter page along with the images you provided, The buildings do match up. I do believe that is the location of the facility they are building. NICE WORK!
Thanks for the confirmation of Johnstonj27's statement of the court order being received by the T/A.
Looking forward to the pic from the tire shop employee.
That image capture is Jul 2012
The exhibits in the originally filed complaint seems to show 262m that were non restricted if I am reading that correctly.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149178228
I believe you.
That was a few days ago you received your email response right? Dude talked to them just yesterday and stated they have received the order.
New MC updated for 6/04/2019 is 436,134,531
The closing price for 6/04/2019 is 0.0359
The O/S pre-cancellation is 12,427,145,701
0.0359X12,427,145,701=436,134,530.6659
That is so weird.
Just saying dude. hard to believe that the SEC would have a rule as you described it. I am not saying you are wrong I am just saying it is hard to believe.
No offense dude but that is a tough pill to swallow but if it is a SEC rule then I suppose a link can be produced for viewing pleasure.
Nice work! That is very interesting, we could very well have had a shit ton of shares sold.
BS games for sure.
Your point is illustrated by the updated MC on OTCM which is 463,532,535 which is based on the fact that the closing price on 6/03/2019 was .0373 multiplied by the pre-cancellation O/S of 12,427,145,701
0.0373X12,427,145,701=463,532,534.6473
Agreed 100%
On that other note, that is kind of scary. What I posted was just an example of what the MC would be if the PPS happened to be at 4 cents when the share structure is updated. I believe we will see an increase in price with the catalysts associated with BFCH. I by know means think this will stay at current levels moving forward.
I know and I agree with you.
Ok sorry
While that sounds like a dream come true it is unfortunately not the case.
The Market Cap with adjust down drastically. If the new O/S is 167m and the PPS is .04 the MC will be 167,000,000X0.04 equaling 6,680,000 which will adjust up or down as the PPS moves.
From BFCH twitter from 2018
https://twitter.com/BitFrontierInc/status/1029783569810501633
Depends on how they sent it off to them. IF by mail it would not have left until Friday I would imagine.
I believe the $2 discussion is the perceived idea that some think it will rocket to that PPS due to the current Market Cap. Which is obviously ridiculous when in fact the Market Cap will obviously adjust down to reflect the current PPS once the O/S is adjusted for the cancellation and adjust accordingly as they price moves.
I am sure most of us understand that.
Can this become a $2 stock down the road? I think most of us can agree on that being a possibility and I most certainly hope so.
Speed to action, I Like it
Should be next week as soon as the T/A gets it taken care of.
Those numbers, the 49 billion to 17 billion are in one of the early filings where the A/S was decreased at an earlier point in 2017 or 18. The other numbers he is taking about make no sense.
Revenue has nothing to do with the market cap.
I take it you are unaware of how market cap it calculated
Sums it up perfectly
Nothing wrong with that.
As seen on page 9 of the court complaint, if successful, the new outstanding share count of the Company will be 151,278,844 (151 Million) shares of Common Stock. A copy of the court complaint has been uploaded to OTC Markets
https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-OTC-PINK-BFCH-Announces-the-Formal-Court-Complaint-has-Been-Filed-to-Cancel-Over-12-Bil?id=205178
All of the shares named in the Complaint have had an Administrative Stop Order placed on them through our transfer agent as the case progresses through the courts so that they may not be sold or transferred. In addition, we have asked the courts for both a temporary and permanent injunctive relief, freezing and preventing any market or transfer of the shares discussed above during the pendency of this action and thereafter preventing any marketing or transfer of the shares after they are cancelled. With these stop orders in place, our current tradeable float held at the DTC is 150,066,853 (150 Million) shares of Common Stock.
https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-OTC-PINK-BFCH-Announces-the-Formal-Court-Complaint-has-Been-Filed-to-Cancel-Over-12-Bil?id=205178
From the initial compliant
Pretty simple to understand.
It's a said state of affairs.
Sounds good
Wrenchman is one sharp dude and his DD is impeccable.