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Alias Born 08/15/2017

Re: None

Wednesday, 08/30/2017 11:36:06 PM

Wednesday, August 30, 2017 11:36:06 PM

Post# of 21720
Spent a lot of time recently looking into all the new ICOs. What I don't understand, and I am hoping someone here can find a source to clear it up for me, is that this company owns 200m shares of the ETF Alphabit. If that is true that would make 200m out of 210m which is 95 percent of this ETF. This would give the company an underlying asset that is currently worth over 4 billion USD. And that is just the market price of the ETF. The underlying assets of the ETF are worth even more than that as the GARY coin continues to rocket up. So I guess my real question is does BITCF have full claim to the ETF they manage or is it managed under the name of someone else. If they have full claim to it that means they are worth 8x what the market last showed before the SEC suspended trading.