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This is great!
Excellent Followup. Thank for your insight!
Sounds Good
Had an order in all day at 2.15 and it closed at 2.10 without filling. Go figure.
We've got volume today, just not the good kind. It's already exceeded the average daily volume. Ugh! Looks like a person could have made a lot here by buying in the 7's and selling in the 9' over the passed several months. Very consistent. Up and down, up and down, up and down.
April 15, 2019 Article.
I found this through LinkedIn dated April 15, 2019. It would imply that we are still moving forward.
Bithumb’s Operator Secures $200 Million USD From Japanese Blockchain Fund
The Blockchain Exchange Alliance (BXA), which operates the high-profile crypto exchange Bithumb, has recently received an investment of $200 million USD from the Japanese ST Blockchain Fund. According to reports, the company will use these new funds to expand its services globally.
Bithumb’s parent affirmed that the fund shared a vision with it and that they believed in the importance of creating a global digital exchange that can effectively transfer value across international borders.
The investment has come at a great time. Bithumb is currently the largest crypto exchange in its country, South Korea. However, the company lost $180 million USD during 2018, mostly due to the conditions of the bear market, which affected exchanges less than other businesses, but still had quite a profound impact in them.
Despite the bad conditions of the year, the market was shocked to see such awful results, as Bithumb had a record profit in 2017: around $373 million USD.
Time For The Expansion
BXA recently had a reverse merger with a U. S.-based company. This has opened a juridical backdoor for the company, which is based in Singapore, to list itself in the U. S. market without having to follow the long road of creating its own Initial Public Offering (IPO).
Before receiving the funds for a full expansion, the company was already eyeing some alternative in order to expand the reach of its business. For instance, it has launched an over the counter (OTC) desk in February, which was aimed at institutional clients. The company had also opened a new office in London last year and a branch of its business in the United Arab Emirates.
Now, with the new funds, the company will be able to eye the U. S. market and to start a business there, which will certainly be a very important move for its global expansion.
https://bitcoinexchangeguide.com/bithumbs-operator-bxa-secures-200-million-usd-from-japans-st-blockchain-fund/
Excellent!!
I agree, however I have a few concerns. BCII's email address and phone number on the website are no longer valid. Merger aside, how is the company doing business or are they even doing business? What do you know?
Great insight and DD. Looks like if this pans out it could be a major game changer. Thanx
Excellent!!! Thanx for the update!
Now if we could just get the merger confirmation. Wonder what the hold up is?
52 Wk Low and 3 Yr low today. Ugh!
Still here?
Quite indeed. It would be nice to get an update and a confirmation that the merger is a done deal.
Wow, look at that!!!
Looking like they may have a chance at becoming a major player!
Great Updates to look forward to!!! Thanx
What a shame indeed. Remind me what's in June?
Tell that to all the World Banks that have been buying Gold like there is no tomorrow. They know the world economy is going to tank eventually and when it does it will be those that have real assets (Gold) rather than fiat currency (monopoly money) that will be rich and in the drivers seat while everyone else losses their shorts. Statements like yours "Gold is a scam" is for the majority. Myself, I want to be in the minority. Thank you very much and have a nice life.
Gold Mining and other recourse stocks across the board have been seriously discounted for many years now. Bitcoin and MJ stocks have been getting all the spotlight. Our turn in the sun is coming and when it does, watch out. Add to that the price of Gold going north when the markets tank (and they will) Gold Mining stocks (BMXI) will skyrocket. This Sub Penny nonsense is a gift. Great to be in before the fireworks begin.
Excellent!!!
Alright. Yah!!!
Thanks for sending that request.
A general question.
I gotta say "The one year chart here looks nasty". The potential merger aside, what has been and is the reason for the Share Price being what it is? I mean even at $2 the existing business model is valued at 85.5M
Excellent!!!
I Agree as well.
6 in one hand (the notes) or a half a dozen in the other (converted notes). What difference does it make?
The fact that the company stopped reporting financials years ago probably is a big reason that folks lost interest. Without them, it's like investing blindly. That said, there is soooo much potential here as far as Blockchain in general and the merger specifically. If all goes as planned and PR's are forthcoming, we should be golden!
I think you meant to say 5G?
You make a valid point. Another area of concern for me is Argentina's rate of inflation and how that will effect income, profits and exchange rates.
Of course the fact that trading has been halted, does not give one any fuzzies as well.
TOWER ONE Cease Trade Order Due to Late Financial Statements
8:53 pm ET May 7, 2019 (Globe Newswire) Print
TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) ("Tower One" or the "Company") announces that a cease trade order has been issued against the Company by the BC Securities Commission because of the Company's failure to file annual financial statements for the financial year ended December 31, 2018, together with the related MD&A and officer certifications (the "2018 Annual Filings") by April 30, 2019. As a result, the Company's securities have been halted from trading on the Canadian Securities Exchange.
The late filing of the 2018 Annual Filings is due to delays in receiving the financial results of one its subsidiaries. Tower One expects to correct all associated deficiencies and file its 2018 annual financial statements by no later than May 13, 2019. Revocation of the cease trade order is expected to occur within a couple of days following the filing of the 2018 Annual Filings.
I'm thinking BIG Ching$$$
Interesting Indeed!
Yes, I've been looking at this for awhile and figure it's a worthy lottery ticket play.
Picked up some today. Anyone else still here?
Almost?
Hmm, good point. Waiting for lift off!!!
I don't think this is a scam, but strongly feel we need to get an update and audit results or human nature will start to doubt. A few months of waiting is being patient, but would like for BMXI to throw us a bone and settle this once and for all.
In my opinion, Graphene has the potential to revolutionize Computer Processing, Robotics and AI. Graphene 3D Labs likewise has the potential as an early player in this industry of being a game changer. We shall see?
My hat is off to you!!! 50 Grand is no small amount. I'm thinking you're going to be one fat cat when this flies. Soooo many great things coming down the road.
Excellent! I'm hoping for some amazing news at some point.