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Your guess is as good as mine.
Well the important takeaways from to me are:
1. They did what they were suppose to do on their side.Its now in the other sides' court.
2.They were also very transparent in the letter and encourage checking SEC fillings.So to me that is a plus.
3. They have other things in the works.
4.They promise to keep Shareholders in the loop.
From where i sit its a matter of doing just that.I never thought to see these prices again,so for me i think i will pick up some more shares. I tell myself whatever money i put out,is what i am willing to lose and not get broken up about it.
GLTA.
LETTER FROM BTCS: I will preface this by saying that i have shares in this company.I have been reading this board for a while and this is my first post.I thought i should share this with the board.I had a query and wrote the company and i did get an answer back.
There are alot of questions about the validity of the company and the merger. I got this reply back....All who read this make up your minds.
"Thank you for the email and sorry for the delay. In October we closed on $1.1m of new funding which has allowed us to settle all of our liabilities (excluding derivative liabilities associated with outstanding warrants and preferred stock). Subject to additional financing, we plan to expand our portfolio of digital assets including bitcoin and other “protocol tokens” to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. On November 28, 2017 we had a portfolio of 4 digital assets valued at approximately $609k. With respect to the announced merger with Blockchain Global (BCG) we have satisfied all of the conditions on the BTCS side to move forward. However, we can provide no assurances, or guarantees we'll be successful in our efforts to close the merger with BCG, if we are we'll communicate it with our shareholders. We can also provide no date or guidance on when we will close the merger if ever and as we disclosed in our recently filed S1/A we have had delays in receiving information from BCG. I encourage you to review our SEC filings, including our recently filed S1, in connection with a potential investment in BTCS and ask the company for clarity on any questions you may have. Further, you can set up an RSS feed at SEC.gov and get alerts when we have updates."
Enjoy the holidays,
Charles
Again, please familiar yourself with our SEC filings so you have a complete picture of our company and ask questions if you require clarity.
BTCS Inc. (ticker: BTCS)
Blockchain Technology Consumer Solutions
phone: 202-430-6576
e-mail: ir@btcs.com
www.btcs.com
You and me hoping for this Coach.I missed it the day before and i'm hoping for it to hit that low again to buy some more.However,i have a feeling,just a feeling we are unlikely to see that at this point again.I hope i'm wrong just because i really want to pick up some more shares before this thing starts testing 20.
I see great news and results today.However,what's up with the stock? Sloooooow crawl! It should have had some serious movement today.At least something significant.
OMG! 10 frigging cents.Sigh its going to go lower crap.
.12 guys and sorry to say i think we are heading down from here.I honestly don't know where this stock goes way down the line.As for now, Up? Down? who knows at this time i'm in the whatever stage right now.
Hahaha me to.I'm sitting on 600 shares.It was all i was able to pick up around $9.00.Was hoping for 400 more when it dipped but i kept missing the boat.
I have big hopes for this company,but part of me was wondering if the stagnation and drop was more than just the MMS screwing with the stock to shake loose hands.In light of how much "good news" MJNA put out there regarding what they have in the works i really didn't expect the stock to be where it is now.We will see what the future holds,until then. GLTA.
I get what your saying and agree with that.Hey i get this is OTC stocks and so are a bit more volatile.I just got another news letter this morning.I'm sure many of you might have gotten this as well.
"Weekly Newsletter
Feb 10, 2017
A major international milestone this week as HempMeds® Brasil announced that their CBD hemp oil products were authorized by the Brazilian government for a patient battling Alzheimer's for the first time.
Our CEO Dr. Stuart Titus also spoke on 'Cannabis Investing 101' at the MoneyShow in Orlando this week. Plus much more!"
I would think that with this type of news there would be more activity.I'm still holding,i'm in it for the long.But now and again the frustration does creep in.
Yes i'm aware how the mms play their game and why? Wanting longs to let go of their shares by telling them:
"If you don't have the stomach to buy and hold because you've done your dd on the stock then sell and move on."
How can you say that there hasn't been a catalyst? There's a guy on here that links continuous news about what MJNA is doing. I've gotten a few news letter about overseas ventures.
I would think their continuous news updates would bring in investors.People not wanting to invest in and OTC is negated by the fact that there are OTC marijuana stocks that are being invested in.
While i have no doubt there is some manipulation,its not the only reason this stock is not doing as well.
I mean that is bad though.To go down like this and that .08 is a possibility is pretty bad.Its doing nothing but going down and down.So why do you think that is? I'm earnestly asking.
I'm laugh crying right now.This stock rips and rips and gives nothing back except grief.I had two choices and sunk a lot more money into this vs the other one that's doing better. WTF is the deal with this stock?
This is my thinking in part.I have gone through the emotional coaster with this stock and have just rested on the thinking of whichever way this stock goes, my investment is going to go with it.I haven't gotten out because after a bit of research i see the company's bigger picture.I see what they want to accomplish and i want to support it,and gain from its success.
Today at this moment its not .05 or .03 cents and that's a good thing.
GLTA.
I think a few people have written the company.Has anyone gotten a reply?
I think 16 today???
I was both sad and elated looking at how well it was doing.I should have bought more.Alas, i won't be able to until Thursday.All i can say is go CARA go!
I agree and look forward to this soaring to higher heights.
New to the board here.I wish i had gotten in earlier this stock is amazing.I never wanted a stock to dip so badly just so i can buy more.That's how much i think this will soar.
Got up this morning and boom right in the gut with this thing again.I'm not going to let go of my stocks,but i'm not going to put anymore money into this thing i believe.
It will be interesting to see where this stock is in 3 years or so,but at the moment i have a love hate relationship with the darn thing.Just when i think its going to give and we see some movement down she goes. Or,or she just remains stuck.Its frustrating as hell.
I can see that.
So i see the shorts have struck again.
Happy New Year's everyone.Here's to hoping everyone success and prosperity in MJNA.
I'm not going to feint.This is frustrating as hell.I was laugh crying, looking at this stagnancy for the past 8 days or so. How has it not moved? I mean it's like watching paint dry with this thing.I'm venting that's all guys,just venting.
I look at the company and i see where they are going and in the back of my mind i'm convincing myself that hidden powers are behind its immobility.I'm holding though.As much as i bitch and moan about this i see a light.Hopefully the New Year brings good results.
GLTA
GREEEEEEEN!!!! Its sooooo beautiful.Just keep going,just keep going MJNA :)
We looking good guys.
GLTA and Happy Holidays!
Hey,did anyone who bought on Friday and uses Sharebuilder have problems with their order being completed?
Well insanity is doing the same thing over and over and expecting a different result.At this point i think i'm crazy because i'm still in this madness. Red,red and more red day after day.The guys who have been calling this as a scam seem to be having all the kindle to call it so.When the Mj sector is getting butchered MJNA falls,when the sector is doing good its not budging or still falling.
This sucks!!!!
This is what's so shocking about the situation.You'd expect that MJNA would be feeling the love from this.
Sigh,so it's still dropping i see.Its hard not to make a comparison against AXIM which is currently tearing it up right now.This stock is infuriating to say the least.All that being said i still like it; either way i'll be crying.Its just a matter of it being for joy or sadness.
GLTA
Well i got to say this doesn't look good.MJNA is not doing anything but going down and down.AXIM is killing it so what's the deal with this stock?Where's the big ride?Where's the take-off.I hate how crappy its looking and its really looking crappy.
How far do you guys see this stock rising in 1-2yrs down the line?If it does? I know some here think its no good while others think its a good bet.
I'm not coming out of it whichever way it goes,as i said before i've mentally prepared myself of it tanks.
It was tough,it really was.I did get a little scared and i have to keep telling myself be prepared that my initial investment is what i'm willing to lose at the end of the day.I'm hopeful for this company in the long run as a major player.
Somethings about it do worry me but in this i'm gambling.I just want to make money,but not by screwing others playing a game i can't and do't want to play. I work in Public Health so i'm not at a computer a lot-Mostly in the field visiting patients- So i just want to see my investment grow.
I put some money in another pot stock and i'm more comfortable with that,but we will see where this all goes.
GLTA
Yes,I bought a couple of months ago i believe.I've been watching the company for a while.
Was worried there for a second.Couldn't look away and had my finger on the sell button.Decided frack it,i bought it at 7c so what happens happens.
I'm looking away from this stock.I haven't dumped my shares and i'm not going to but i'm preparing myself to take a loss if it happens.I'm still in the green,but my hands are just up in the air. I said earlier that i'm either going to cry happy or cry painfully.
At this moment its a bit painful.If it is a scam (despite the red flags i really hope it isn't) then i am the latest sucker to get taken it by it.
I'm happy that Cali passed Prop 64.
This really breaks my heart i didn't want it to be lemon.I'm suprised that the SEC hasn't stepped in as yet.Well back to the drawing board.
Is this truly true? I saw rumors like this but i thought that was nonsense.Saw a couple of articles but wasn't sure that they weren't just hating on the company.
Thanks,i will look into that and hopefully pick up some shares.
Thanks very much for the reply.It gives me a lot to look at going forward.I appreciate very much the input.