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Why is this stock's volume float so low
Insiders OWN 61% that is around 26m shares
In December 2016 around 8m plus is free trading and at that time only 34m shares outstanding
In Nov 2016 ghs investments committed to 4m purchase over 2 years. I think ghs has the other 8m shares
That's why we only really have 8m float
Imo
Now this is very interesting
Before market opened yesterday I somehow said that DIGAF is takeover target by ANXPRO or maybe another bitcoin company
This is prior to the halt of BITCF
at the time of halt and market close DIGAF is like 11.37m and BITCF was 545.95M
Shareholder letter by BITCF said that it has been approached to merge with a fully reporting company and currently on negotiations
But if merger is not successful it will take necessary actions not only to move back to pink status and move to US market
Now my questions and analysis
When was BITCF approached to merger and by who
Note that both DIGAF and BITCF are based in Vancouver
Prior to the stock price explosion BITCF was trading around 35 cents with market cap of around 100M
I think that's good basis of merger negotiations
If it is DIGAF the company. Watch the stock price today. It will alone to at least 50 cents or even as high to 1 dollar
Also. Note the volume
All imo
Its 4400 in coindesk
I just saw news about Russia deputy pm about state backed crypto currency
Almost 100 dollars now
Bitcoin is jumping higher
Up 50 in 5 minutes
ANX INTL = ANXPRO + JUSTCOIN + COINMKT/DIGATRADE
eventually, ANX will acquire Digatrade
or some other bitcoin company will
it will not take a lot of shares to move this stock up
see the history last year
Nov 15, 2016 1.00 1.00 0.85 0.88 0.88 295,500
Nov 14, 2016 1.01 1.04 0.91 0.96 0.96 610,400
Nov 11, 2016 0.73 0.86 0.73 0.85 0.85 2,147,000
Nov 10, 2016 0.71 0.73 0.68 0.73 0.73 757,300
Nov 09, 2016 0.65 0.70 0.53 0.70 0.70 807,500
Nov 08, 2016 0.61 0.67 0.60 0.65 0.65 558,900
Nov 07, 2016 0.58 0.64 0.51 0.60 0.60 233,600
Nov 04, 2016 0.62 0.68 0.57 0.57 0.57 109,900
Nov 03, 2016 0.64 0.64 0.58 0.62 0.62 239,200
Nov 02, 2016 0.59 0.67 0.51 0.65 0.65 5,684,600
Nov 01, 2016 0.18 0.62 0.18 0.59 0.59 2,527,100
Oct 31, 2016 0.13 0.13 0.13 0.13 0.13 100
Oct 28, 2016 0.13 0.13 0.13 0.13 0.13 1,10
https://www.buybitcoinworldwide.com/hong-kong/
Digatrade uses ANX platform
ANX trades in HK market
It is legitimate as you can get
and there was no panic volume
dropped in sympathy
https://oracledispatch.com/2017/08/17/rate-crypto-exchange-play-digatrade-financial-corp-otcmktsdigaf/
Digatrade Financial Corp (OTCMKTS:DIGAF) is a penny player attached to the cryptocurrency narrative. This is an exchange play and may be something worth checking out mainly because it hasn’t really gone into orbit just yet. In fact, DIGAF has been surprisingly quiet given the fervor in the sector. We actually like that because it leaves open the possibility that core equity stakeholders are still accumulating exposure and don’t want to send the share price higher.
In short, for those who have been trying to find a way to gain some exposure to a cryto-currency exchange (as money is starting to flood into crypto trading) this could be an interesting place to look. DIGAF appears to have an exchange up and running. They don’t seem to be doing much volume yet based on exchange trading data, but DIGAF is carrying a market cap of just $12.10M. That’s very inviting in a world where everything associated with the crypto space has rocketed to nosebleed levels with or without a viable business behind the ticker.
Digatrade Financial Corp (OTCMKTS:DIGAF) bills itself as a global Digital Asset Exchange Platform, blockchain development, and distributed ledger financial technology services company. The proprietary trading and matching engine manages high volume, high throughput, and low latency trading and was modeled on the same technology recently leveraged by the world’s largest Investment Banks.
DIGAF offers an easy, secure, and affordable platform to buy and sell Bitcoin and other digital assets 24/7 online and provides the instant automated matching of orders between its registered members and it strives to be your digital asset connection by making the experience as effortless as possible. It is Digatrade mission to promote a healthy eco-system by providing value-added digital exchange services to the public. Digatrade is also lowering the barriers to digital assets and blockchain development adoption by increasing ways for consumers to acquire and access digital assets.
DIGAF operates as a digital asset exchange platform in Canada. The company offers blockchain development services and distributed ledger technology. It manages a trading and matching engine that offers multi-currency settlement, and real time FX pricing and risk management. The company was formerly known as Bit-X Financial Corporation and changed its name to Digatrade Financial Corp. in October 2015. Digatrade Financial Corp. was founded in 2000 and is based in Vancouver, Canada.
According to company materials, “DIGATRADE is a global digital asset exchange and blockchain development services company located in Vancouver, British Columbia, Canada. The Company is owned and operated 100% by Digatrade Financial Corp which is publically listed on the OTC.QB under the trading symbol DIGAF. DIGAF is a reporting issuer in the Province of British Columbia, Canada with the British Columbia Securities Commission “BCSC” and in the United States with the Securities Exchange Commission “SEC.” Digatrade operates as a registered Money Service Business “MSB” in Canada with FINTAC under Registration Number: M15954395.”
As noted above, DIGAF appears to have a working crypto exchange up and running right now, but the company has not been overly “hypey” with its press communications, which is potentially an encouraging sign. The fervor in the space continues unabated at this point, with most associated equity plays seeing market cap jumps into the hundreds of millions in recent weeks.
The chart shows more than 330% tacked on to share pricing for the name in the past month, a rally that has pushed up against longer standing distributive pressure in the stock. The situation may be worth watching. DIGAF has a history of dramatic rallies. Furthermore, the name has witnessed a pop in interest, as transaction volume levels have recently pushed greater than 620% above its longer run average levels.
It pays to take note of this fact given DIGAF’s relatively small trading float of barely over 16M shares. One is wise to respect the dynamic this may create — a mechanically driven price squeeze can result from this type of mix of small float and ramping attention from traders.
Now commanding a market cap of $12.10M, DIGAF has about $85K in cash on the books, which is balanced by roughly $364K in total current liabilities. The company is pre-revenue at this point, which is probably the most important hole in the story. We will update the story again soon as developments transpire. For continuing coverage on shares of $DIGAF stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!
DIGAF has ANX Pro
Is it possible that ANX iNTL will purchase DIGAF as reverse merger
I did my intensive research in both companies
ANX is based in HK. Trades mostly in Asia in 2013-2014
In late 2014 ANX bought justcoin to expand in Europe
In January 2015 ANX bought CoinMkt to expand in US and Canada and Mexico
Now for DIGAF, it used to be Rainchief Energy prior to 2015
In January 2015 it changed business to digital currency and became Bit-x Financial
In March 2015 There was an issue discovered with CoinMkt and ANX decided to stay away from CoinMkt
In April 2015 ANX and Bit-x made an agreement and digatrade platform was born and ANX migrated its 20000 custoners from CoinMkt to Digatrade
In April 2017 ANX Digatrade revised their agreement
But we have to look back in April 2017
Bitcoin was around 2500 up from say 800
DIGA was like 10 cents or below
It was only in August 2017 that bitcoin mania exploded
DIGAF is the only pure play bitcoin exchange that trades in the market today
I think ANX should outright buy or merge with DIGAF OR some other bitcoin conpany will
DIGAF has low float. Low number of shares and low debt
All imo
Per previous press release. Digatrade and NetCents and ANX have customer base exceeding 1.1 million and over $100 million plus transactions processed
float is so low
this will fly
ANXPRO bought CoinMkt
CoinMkt became Digitrade for North American market
https://coinmkt.com/
this is the link/news that i have been trying to find
https://siliconangle.com/blog/2015/01/27/anx-acquires-bitcoin-exchange-coinmkt-for-us-expansion/
Bitcoin services company ANXBTC.COM (ANX) has acquired Santa Monica-based cryptocurrency exchange West Orange Labs, Inc (CoinMKT) for an undisclosed amount.
CoinMKT opened its doors in 2013 and bills itself as being “positioned to be the leading exchange for cryptocurrency in the United States.” The firms goals are to offer a “safe, reliable place to buy and sell cryptocurrency that you trust.”
Hong Kong based ANX offers similar services to the CoinMKT but with a focus on Asia. It aims to lower “the barriers to Bitcoins and other crypto currencies adoption by increasing ways for consumers to acquire and access crypto currencies.” ANX’s credits include introducing the world’s first physical Bitcoin Retail store and the world’s first Bitcoin debit card.
The acquisition is said to be aimed at expanding ANX into new territories, with COO David Chapman telling e27.com that the acquisition would strengthen its footprint in the Americas, and that it plans to offer local bank transfers and MTB licenses throughout the United States.
CoinMKT will continue to operate under the same brand, with ANX the parent company and ANX technology powering its exchange.
This is the second acquisition in three months for ANX, which acquired European Bitcoin exchange JUSTCOIN.COM in November.
The move by ANX comes at a time of increased interest in Bitcoin exchange services in the United States, including Coinbase Inc. opening (what they claim to be) the first licensed Bitcoin exchange January 26th, with the Winklevoss Twins not far off from providing a similar offering.
Notably CoinMKT holds a Money Services Business license with the Federal Financial Crimes Enforcement Network.
https://en.wikipedia.org/wiki/ANX_(Hong_Kong_company)
we need to be respected value wise
https://www.straight.com/life/477801/digatrade-bitcoin-exchange-launching-vancouver
Brad Moynes says he wants to build the E-Trade of the cryptocurrency world.
He’s the 45-year-old president of Vancouver-based Bit-X Financial Corp., which will launch on Monday (June 29) a new Bitcoin exchange called DigaTrade.
“The first wave [of Bitcoin exchanges] has already gone through a consolidation,” Moynes told the Georgia Straight during an interview at his company’s downtown office. “There was a lot of new exchanges. They weren’t built properly. A lot of customers lost their money.”
Nevertheless, DigaTrade enters a crowded market. Vancouver alone is already home to the digital-currency exchanges Cointrader (acquired by Newnote Financial Corp. in March), Quadriga CX, and Taurus.
Moynes said he’s looking to compete with the major international exchanges, such as U.K.–based Bitstamp.
DigaTrade, which uses technology from Hong Kong–based ANX, will allow people from around the world to trade the cryptocurrencies Bitcoin, Dogecoin, Litecoin, Ripple, and Stellar for Canadian dollars and vice versa. Support for the U.S. dollar, British pound, and euro will be added soon after launch.
“Our API [application program interface] order book goes out on to the Internet and sources out the best price worldwide,” Moynes said, explaining how DigaTrade is different than the other locally based exchanges. “We usually source the bitcoins from the exchanges in China, like Bitfinex, BTC China, and OKCoin.”
Bit-X, formerly an oil-and-gas exploration firm known as Rainchief Energy, will require DigaTrade users to produce a passport or driver’s licence, a bank statement, and a utility bill in order to verify their identities and locations. Users will pay a commission of 0.5 percent on limit orders and 0.75 percent on market orders.
Moynes likened the state of Bitcoin to the Internet in 1996.
“I think that there’s going to be a lot of developments and a lot of innovation, and a lot of things are going happen later this year and next year,” Moynes said. “We’re just starting to see venture-capital funds come into the sector. We’re now north of US$700 million into the sector, which is just the tip of the iceberg.”
Bit-X shares are traded over the counter under the symbol BITXF on the OTCQB.
https://www.biv.com/article/2015/7/third-vancouver-based-bitcoin-exchange-launched/
I like the story and history of Digatrade
Brad Moynes brought ANXPro to North America via Digatrade all the way in 2015
https://coinmkt.com/
https://anxpro.com/
Founded in June 2013, ANX International has grown into one of the world's leading financial technology companies with an expertise in cryptocurrencies. With their combination of industry expertise and proven, innovated technology, ANX's core business comprises of cryptocurrency white label and debit card solutions, foreign exchange and remittance, and technology and consultancy services.
and DIGATRADE
DigaTrade is a Canadian based exchange and offers full fiat services for North American customers, including USD and CAD deposits via credit card, and CAD deposits and withdrawals via eCheck and Interac payment options.
North American Customers migrate to Digatrade
are they buying
GHS Investments
DIGATRADE ANNOUNCES FINANCING
Nov 10, 2016
OTC Disclosure & News Service
Vancouver, BC, Canada -
For Immediate Release
Vancouver, British Columbia November 10, 2016 DIGATRADE FINANCIAL CORP (OTCQB: DIGAF) an online digital asset exchange platform and blockchain development services company today announced the execution of a proposed stock purchase agreement dated 10.31.2016 with GHS Investments LLC to purchase up to four million dollars (USD$4,000,000) (the equity sum or commitment amount) of the Company common stock from time to time over the course of twenty-four (24) months after the effective registration of the underlying shares (the Contract Period).
As per British Columbia Securities Commission (BCSC) BC Instrument 51-509 Issuers Quoted in the U.S. Over-the-Counter Markets the stock price terms of the financing include a maximum discount to market equal to 19.9% of the average closing price of the stock during a 10 day valuation period. This funding mechanism will minimize dilution while providing growth capital to the Company. The Company currently has 34,911,150 shares issued and outstanding (26,326,157 restricted and 8,584,993 free trading).
The Companys legal counsel is currently preparing the filing with full disclosure of the financing to be made available on both Edgar and Sedar within 30-60 days
whats with the meeting in San Diego with Bearitas and Black Ice
Looked back at historical prices
In Nov 2016 it went up to past 1 dollar
Then I saw news about 4m purchase by GHS Investment
Then on Twitter it says meeting in san Diego last week with Bearitas and Black Ice
Interesting
So DIGAF is like Etrade and Ameritrade but only trades bitcoin and other cryptocurrencies
I looked at the website
It trades BTC CARAT DOGE LTC XRP
So DIGAF is like Etrade and Ameritrade but only trades bitcoin and other cryptocurrencies
I looked at the website
It trades NYC CARAT DOGE LTC XRP
we have been here since May or June when the merger announcement first came about
Am quite sure we can wait 2 weeks right
(although i did sell some for the bitcoin stocks and I am doing ok)
any other traded stocks that do bitcoin mining
noneeeeeeeeeee IMO
only MGTI
MGTI the best of the Bitcoin stocks
at least 5 dollars or 10 dollars
OMVS will go up now
lets merge now
then we will have Knightscope valuation
Distribution Partners
Robotic Assistance Devices serves as the master distributor of the SMP S5 Robotic Guard in North America and Canada. As part of the deployment of the security guard robot, RAD partners with a wide variety of dealers, customers and end-users in regions across North America.
San Francisco: First Security
Oregon: Reece Security
United States: Allied Universal
Southern California: Clear-Cloud Solutions
Texas: Champion Security
Houston: WeSecure
Colorado: Wave Associates
Los Angeles: Watchmen
Phoenix, Ariz.: Liveguard
Austin, Texas: Partner coming soon
OMG DID ANYONE SEE THIS
THIS IS NEW
JUST ADDED TO RAD WEBSITE
http://roboticassistancedevices.com/master-distributor/
Distribution Partners
Robotic Assistance Devices serves as the master distributor of the SMP S5 Robotic Guard in North America and Canada. As part of the deployment of the security guard robot, RAD partners with a wide variety of dealers, customers and end-users in regions across North America.
San Francisco: First Security
Oregon: Reece Security
United States: Allied Universal
Southern California: Clear-Cloud Solutions
Texas: Champion Security
Houston: WeSecure
Colorado: Wave Associates
Los Angeles: Watchmen
Phoenix, Ariz.: Liveguard
Austin, Texas: Partner coming soon
Our Partners
MGTI
THE BEST BITCOIN STOCK
THEY ACTUALLY MINE BITCOINS
NOT JUST BITCOIN SERVICE
1000 X 4500 = 4.5M SO FAR
Matt Klock
Allied Universal
Bitcoin to 15000
and even to 50000-110000
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
i cant believe it is up 5 cents in less than 2M volume
hmmmm super super super
Why is BITCF worth 825M and BCTS only 39M
ONE Goldman Sachs analyst said bitcoin to 7500