First Bitcoin Capital Corp (BITCF)

[OriginalFred]

angry, an attempt to be bought out is commendable. My concern is this. Their drilling has been minimal, and they have not proven any reserves according to industry standards. Until they do, it will be very difficult to find a buyer. The other problem is that the company that did the drilling does not seem to exist. I could not find any record of the company on the Internet. Very strange.

Another issue is why bother with a stock listing if they are just looking for a buyout? It would be just as easy to sell as a private company. What is the advantage of having a pink sheet listing? They had to dilute themselves to get the listing, so what is in it for the current owners?

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