First Bitcoin Capital Corp (BITCF)

[janice shell]

Why not a thousand? Because it's impractical. And there aren't many more than 100 national currencies today, if in fact there're that many. Some are tied to the dollar or other major currencies. Those that aren't tied to major currencies are problematic, if you happen to own them.

BITCF's loyalty points however are also running on the same decentralized blockchain as Tether.

So what?

The SEC is not in the business of regulating foreign companies trading in foreign markets.

BITCF chose to designate itself a "foreign" company. I've never quite understood why. Before 2014, it was BITC. While it may be located in Vancouver--not a point in its favor--it only trades in the U.S. And though this has been pointed out, it's been cease-traded in British Columbia since 2006.

Sure, the SEC sometimes makes mistakes. But it didn't make one with BITCF. BITCF has a nasty past, and the past is prologue. And the Omni coins thing is exactly what the SEC is concerned about.

Have you ever seen a stock do so well after skull added twice and even rise so much after the dreadful caveat emptor?

I have no idea. It doesn't matter. The CE is an OTCMarkets thing. OTCMarkets is not a regulator, and the SEC is not interested in its "tiers".

Could BITCF be that one of a kind stock that is so popular that the grey markets will not slow it down?

I really don't think so. It had a big surge, and then fell back before the SEC suspended. I really don't think it has the makings of a cult stock.

Market Makers can give verbal quotes in grey stocks and if your broker calls Nite for example they can get a verbal bid/ask and size.

Seriously? That would be a violation of the securities laws. If you get that kind of information, be sure to report it to FINRA.