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Re: JohnCM post# 19655

Thursday, 10/05/2017 2:58:36 PM

Thursday, October 05, 2017 2:58:36 PM

Post# of 21728
I think the SEC has a issue with the way BITCF was placing a value on their assets.

The SEC doesn't suspend unless they have proof of fraud - it isn't something they do without a great deal of research.

Since January 1, 2010 there have been 2,892 stocks suspended only 5 have been relisted and none have been successful after relisting. Or 0.17% of the stocks suspended have relisted.

The above is courtesy of Renee who does the Suspension board.

The SEC was very clear - BITCF was issuing false and misleading information.

Shareholders on suspended stocks always think their stock is different - it was just a misunderstanding and will be resolved soon - in the case of BITCF - the SEC is scared of cryptocurrencies and is trying to scare investors - the company will be filing a registration statement soon... (I am not referring to you but shareholders in general).

BITCF is playing out like a typical stock on the greys - very little volume - the price is down 72%.

IG

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