First Bitcoin Capital Corp (BITCF)

[gwallusche]

Janice can you explain me this:
Can someone explain the press release of BITCF yesterday:

https://www.otcmarkets.com/stock/BITCF/news/Swap-out-of--HILL-for--LOYAL-and--BURN-for--XOM-Completed--OTC-Trading-to-Resume-Tomorrow---FINRA-Provided-White-Paper-for-TESLACOIL-COIN-Dividend?id=169299&b=y

They say in one part :
The Companys counsel completed the contractual paperwork necessary for those shareholders of BITCF that wish to swap each of their 2 shares of BITCF for 1 $XOM and is sending the agreement to those that emailed the company with their consideration with a new deadline set to expire at the end of September 2017. Additional shareholders are free to print, complete and execute the agreement, which we will post shortly at www.bitcoincapitalcorp.com/buyback. The Companys counsel will also draft an agreement for those shareholders that would like to convert their ownership from the antiquated paper certificate format into a crypto format since crypto shares may be traded on foreign cryptocurrency exchanges and will be published at www.bitcoincapitalcorp.com/cryptoshares .

And in other part:All of the above mentioned coins, XOM, LOYAL, HILL and BURN are fiat cryptocurrencies that ride on the rails of the Bitcoin Blockchain as Omni Layer assets and are not backed by any equity or interest in any company, do not pay dividends, and therefore are not securities and do not offer returns or profits from ownership.