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There should only be market managers on the ask. Tuck those shares away and let this break out
The year was 2025 and little Timmy was still waiting for .0045 in the prior range to put his bids in.
Sooo thin L2 atm
Ok, i might have not seen some filings.
I just saw yearend 2019.
Thanks for the heads up~
I dont believe this filing makes them pink basic current. It may need first Q, financials, atty letter(?) to hit also.
For those expecting Spencer to talk tomorrow, if the status aint pink, he aint talkin. Maybe with pink limited, idk.
Its a risk to the ticker he wont take. Imo
Yes, They were gone as soon as we saw them offered and eaten up 6 months ago.
Jeffrey got a horseshtt price for them too, smh.
For one thing: per the Nasdaq interview - because of the new proprietary cooling system they can host all 10,000 miners in the facility which previously could only hold 2,000. That’s all 5 warehouses.
Secondly, nobody is foolish enough to think that with empty land surrounding the current facility, inside the same fence, Spencer would not add more warehouses, if there is demand.
Is that what you are suggesting? That he would look at earnings, money and demand and stare confusingly into the night sky?
Thats what it sounds like.
If i should forget, you shall always remind me, my friend.
Tuesday 06/02/20
judgeybrown Tuesday, 06/02/20 06:21:01 PM
Re: None 0
Post # of 33484
So thats like 15mil OS increase, which would be a $75k buyin on a Reg-A from .005 . Just saying i think an investor wanted his shares assigned and sold for whatever of many diff reasons.
~~aaaaaaaand look~~~~~~
That’s NOT dilution. That’s unrestricted Reg-a fundraising from 2 yrs ago. Investor Jeffrey gave away the farm, poor sheep.
“The Company’s proposed business plan is to concentrate on cryptocurrency related investments and development opportunities through cryptocurrency mining, investments in private and/or public entities, joint ventures and acquisitions of blockchain related companies”
Mining bitcoin is awesome. Pays for solving the block and pays for fees, ect.
But, also - joint ventures and acquisitions~~~(so delicious)
The filings accompanying the company going Pink will certainly help confidence and understanding. What he chooses to share in his message to shareholders after that will be very important. I guess my expectation is the message includes the miners will be active by September 1 Along with detail of the hold up and that it’s been resolved. If I recall there is also an attorney letter and an attorney letter is needed for OTCQB at $.25.
Folks that hesitated on .008 to get .007 and didnt, blew it. Who’s gonna blow the next range? Idk. Not me.
He literally has money up to his eyeballs, paid The entire project except for the miners out of pocket and with family and friends , and has not taken a pay draw in three years. So why would you say something like that ? Why would you introduce a scenario so obtuse. ?
Waiting on updates to hit and status to change to Pink.
https://www.otcmarkets.com/stock/BFCH
L2 Looks like a seller is spooked for no reason now. Smh. Troll.
Thanks Papa bear
The live conversation with radiosilent was really great. I was not aware of him until he started poking around this opportunity and all that he covered, for all tickers, showed that he is quite brilliant.
Hoping for nice churn in the range this week with low offers being bought and locked.
I dont see it mentioned, so. On Javi clip posted below - the liga president talking about the bfch proprietary cooling system.
Originally, due to heat, each facility could host 2,000 miners - 10,000 total in plan.
With cooling system (which Spencer travelled to crypto showcases to learn and put together), a single facility like the one built already, could host 10,000 miners itself. His property can support 5 facilities.
I believe these additional miner (opportunities) get funded and filled via joint ventures for crypto opportunists or private equity investors. Fwiw.
*lemonade stand* TradeUptrends had me ROTFLMAO
That could certainly be one way to make money and add value. There are so many ways, once the launching pad fuse has been lit. Of course, by the time it’s actually lit, cheapies are gone. Folks with a little more risk tolerance right now seem better positioned to grab their handsome share.
Its been positive. Company goals have been delayed a bit by covid or natural delays, but quality updates and filing completions are in route and buyers seem to believe in the process. (I do, too)
Thats so huge. His whole market is crypto folks. ~~~~~
Twitter handle @bigcheds - with 80k followers to be introduced to $bfch tonight after market close in interview
many people will be introduced to the opportunity
Now is the time to hold and make market managers cover their shorts with buying
Y’all talking about bitcoin pricing, miner speeds and that’s cool/important, imo you should equally be looking for other non-public mining entities that struggled or perhaps wanted to go public and see reverse merging into BFCH as their growth path.
Spencer has already done it once and diluted nothing in the process upfront.
Mining cash generation < Swallowing entities
This link at 40 minutes is where Liga (who handles the ads on Fox News) shares the business strategy to joint-venture with Bitfrontier on a mining Warehouse based on customer crypto demands (any coin)
Awesome day . Mm’s looked like they were getting low
Everyone invested can slap a little.
If you are cdel and selling when it’s running you can F off
The land currently leased can house all the warehouses. You cant put all the miners into one mega-warehouse because of the cooling issues.
Yup. Anyways, everything looks great on this.
Where do you see the $15 mil purchase amount making .44? Please and thanks.
Fo shoooo
But, idk. My guess is he saw it as an opportunity and decided nope.
That would/may cause a risk of CE or perhaps a notice of investigation by otc markets for being a pump if on stop sign status. Spencer has stated in the past that following market rules to a fault is a priority of his.
Now, if there was great news for him to share at that time, and if he were pink current at that time, oh hell yea
It will come~
I can be corrected, but i believe the understanding is the specialized transformers(multiple) have been arrived and on site since just before covid - so the order is more likely to hook them up. Also, i believe that the traditional power supply for overhead lights is on and that those new transformers are specific to the miners megawatt needs.
Happy 4th and all other days too.
Im not expecting spencer to say anything until otc market processes filed paperwork and removes stop sign. My feeling is bottleneck. Knowing his past sharings about tickers, he’s prob a little on edge about the volume the past week. Outstanding shares still 199m. They could very well be up and running but he wont say til status is updated, imo.
Everything you said sounds very odd. But, ok.
23 mil in naked shorts the last 2 days.
https://otcshortreport.com/company/BFCH
$BFCH / Telesis IT ad spots have begun airing on select FOX News stations w/ continuing ad spots secured & scheduled w/ expanded coverage planned. More info at https://t.co/IzFsYP2SfO STAY TUNED! #Bitcoin #BTC #Crypto #cryptocurrency #blockchain
— CryptoMinuteTV (@cryptominutetv) May 1, 2020
148 unread ticker msgs. - lol.
Ya’ll Been busy
Perhaps someone with more time than me today can again summarize some assets, partnerships and gameplan pieces that Spencer has in place and ready for growth - for the new eyes.
If you missed the huge move today, and it was really hard to see coming (i saw no good signal), then consider that you will also miss the next one, and next one, ect too - if your just gonna constantly search for slightly better buy opp.
Gotta hold long to win on this one. It doesnt signal. Imo.
That’s been closed out. The reg-a is done and the proceeds purchased the miners. The price was far above reg-a offering and so there no was reason to give away value anymore than necessary. Most reg-a share purchasers did not receive their shares. They are investors.
2 investors did (1 for sure), and there appears to have been no other direct dilution, so then Spencer has not needed more money.
There is a valid impression that maybe shares which were cancelled but owned by previous company investors - were illegally traded/dumped. Idk. Could be.
Thanks my impressions anyways.
So thats like 15mil increase, which would be a $75k buyin on a Reg-A from .005 . Just saying i think an investor wanted his shares assigned and sold for whatever of many diff reasons.