can i ask another question? looking at the report i dont see where they say notes can be converted in 6 months? I just see the Maturity data as being 2 years from issued on most notes?

Thanks for the details really apperciate it...
i was kind looking at some other companies and comparing those companies past filings and Promissory notes. They all appear to have pro's and cons to the structuring. Example INTV when they had notes out they had it at a 75% discount. there float is a lot higher.
I guess it comes down to what will they do with that money and can they start making some money from mining. only time will tell.

Reading a Promissory note?

Hello-
I am curious how the following conversion terms would be interpreted in the below example:

The Conversion Price shall be equal to 50% of the lowest share price during the 10-previous trading day period prior to conversion or $0.005 per share at the holder’s discretion.

Does this mean the holder would choose the price per share on maturity date? What would this look like if the stock was at .10 cents at maturity? Why would you word it 50% of lowest share price or .005? Is .005 price noted just in case the price goes to .001?

Any help in understanding is appreciated

We are seeing history and exposure of Hedgies and MM corruptions...

Last time shorts covered this went up 134% in 1 day and 49 Millions shares traded.. 1/4 of its float

everyone is getting bent out of shape about pictures? i would not think any financial info would be released until the new CFO has give it thumbs up and they are current ... that is just my opinion.. everyone should do what they think .... i am sure will be talking about this for another 4 years...

short squeeze will happen with a PR release not a tweet imo... i assume they are going to have something bigger than a shipping update for a National PR Release ...

will the shorts be covering this week?
time will tell.... we see another 30 + Million in volume then we know
shorts are burning..

https://www.shortvolume.com/?t=bfch

you have L2 open? MM holding down to cover short positions?

i agree with yeah B-Daddy. i think it comes down to common sense and past track records. I dont think BFCH would build avb facility, do a national press release about miners being turned on, buy another lot, and hire a CFO in the last 2 week trying to scam everyone.
as most of us know over the last 3 or 4 years they tend to move a little slow but they have always come thru with their plan. Sometimes its not about being first but its about being smart. to me they seem to be building this company smartly and with as little debt as possible. i can see time lines being executed faster and them hiring more folks now they are mining and BTC is way over 20k....

remember the past was BTC was below 10k and Covid had just hit.
Now Covid is starting to take the rear and BTC at 49K things should move faster imo... we shall see.

Dow slides more than 350 points as bond yields climb

i am think this should be good for BTC. any thoughts on higher rates and its affects on BTC price.
https://abc17news.com/money/2021/02/25/dow-slides-more-than-350-points-as-bond-yields-climb/

They just hired a new CFO , I guess they are going to uplist to the OTCQB . Great news for the future

BFCH vs BTC Closing Prices Month Of Feb. Remember also when news of Mining started...
https://stocktwits.com/Sdmuttley/message/294588785

we open at .33 and close at .41 or above... imo

MicroStrategy supersizes debt offering to buy more Bitcoin
https://www.bizjournals.com/washington/news/2021/02/17/microstrategy-bitcoin-michael-saylor.html

I think we could see a GAP up on BFCH to .33 in the morning open...imo

its actually only 5 days... i guess people think things happen overnight... just think about 3 years ago how most of wondering when this day would arrive. now it has things are not happening fast enough?

i think that is accurate when they have their intercooling system working..
60% cost savings and increased hash rate

That’s a good point.... if you own a million or more shares what is the right amount of shares to keep? 20% 10%?

When do you guys think the uplist to the OTCQB will happen?
This was the company statement in 2019...
https://stocktwits.com/Sdmuttley/message/292527131

its looks like BFCH could be a dollar sooner than later...

do i smell.49?
you figure today BFCH should of never been at .20 imo.
it should of been more like .38 imo. Then will the confirmation of Miners online and more this weekend there is no way .49 should not be doable . then add the cooling will save or add another 60 percent to the margin ... Yikes this can be over dollar soon

i think it depends on if you are a trader of investor....
holding BFCH for the next 3 + years will be worth it imo...

i know technical expert but i dont think we have one right now... i see it slowing down around .78 if BTC stays under 60k, but that is just a guess

i was thinking more like .49.. lol..
but i am an optimist ...

my take is they have some of the miners turned on and working on their Cooling system so they can have their entire Facility intercooled saving 60%.
Just cause they have some of the miners turned on doesn't mean they will do a press release for every step they take. At least that is what i have seen the last 3 years. That's also another reason whey they are trading so low. So if you are long term then you can think of it as a buying opportunity . imo

gotta say one thing about BFCH and Spencer... they cant be accused of being pumpers..lol
for the last 3 years i have always seen them execute on the Business Plan. They are just really bad with the PR side of things.. This company seems to be building for the long term . The fact they can Mine and cut their cost will really help no matter what BTC Price.


"Farting in the Fans"

any thoughts on the company...

if its dumping then its a bad job... being walked down with know volume.... i am still confident will finish the day positive... imo..
call me optimistic

hoping to see us close today around .3133 on some volume...

Hey there, I think BFCH said in there PR that they will fund expansion with mining revenue. They are trying to generate more profit with their proprietary cooling system, which will help them fund mining expansion.

It doesn’t matter how much BTC, BFCH can be profitable.

Please Corey me if I am wrong . I don’t think they said they have 2k miners. I think the first facility can house up to 2k miners.
With that said I think the smaller minning companies who have low cost will end up being the winners because it doesn’t count on BTC being a certain price. It will be all in how much profits they can produce

i guess the question would be how long will it take them to build and get operational? i think they said they would use mining profits to build those facilities so the dont incur debt. so i am assuming it may take longer but its always about profit..

I think they both can be successful..
INTV cost and share structure is a little different...but both companies have great potential...
One thing I like about BFCH is authorized shares is very low...
Just my opinion...

INTV SECURITY DETAILS
Share Structure

Market Cap Market Cap
22,093,860
02/10/2021
Authorized Shares
750,000,000
02/11/2021
Outstanding Shares
153,649,959
02/11/2021
Restricted
6,712,724
02/11/2021
Unrestricted
146,937,235
02/11/2021
Held at DTC
146,557,291
02/11/2021

either my screen settings are wrong or i dont see hardly any shares offered... yesterday there was like 4 million at .25 all day?

maybe there is non left ..

spread is wide.. i dont think anyone wants to sell..lol
i still think closing at .44 possible today.. imo...
call me crazy

Hey there, thanks for the charts.
can i ask you are someone elese how the Accumulation indicator reads 217 Million? BFCH outstanding shares are what?

how can you tell?