XTRA Bitcoin Inc (CBTC)

[vanguard62]

After the R/Ss and drastic A/S increases, TCEL was selling shares at fractions (hundred thousandths and millionths) of what the 2010 and 2011 shareholders paid. Not only that, but they were also selling millions of times more shares to new investors. Therefore, the 2010 and 2011 shareholders got royally screwed. If you look at ALL of their positions today, they currently account for less than one (1) share of TCEL at .0001.

Is that clear?

FACT: TCEL has never been worth more than $0, nor anywhere near $37 billion. TCEL is currently worth $0, or approximately -$2 million with their imaginary license and settled liabilities.

FACT: In order for those shareholders to break even (a position worth $15000 back then is worth far less than one-quarter of a penny today), TCEL would need to reach a market cap of approximately $37 billion based on the current post-massive dilution S/S.

FACT: I never said anyone lost $37 billion.

Now correct me if I'm wrong, but I don't think either of those two facts imply that anyone lost $37 billion. I'm not sure why this is such a hard concept to understand.


FACT: Nobody has ever made money going long in TCEL.