To Whom It May Concern at BTCS Investor Relations:
I'm contacting you and hope I get more than a general answer, as you have many investors concerned that this company is nothing more than fancy web site being used to ride the OTC pink sheets wave to the top on the back of the cryptocurrency boom/paradigm shift. Many investors I am in contact with purchased into this company (not on hype but on solid fundamental research of the industry and of your firm...allegedly) as the PR along with the indication of a reverse merger and a promising future as a key foundational company in the cryptocurrency paradigm shift, seemed sound relative to the OTC pink sheets' risks. I don't want any info and am not requesting info on anything non-public material to BTCS as I know the rules... It seems odd that your financials show a $2 value in cryptocurrency when you were paid cryptos as part of the Blockchain Global debt payoff indicative merger...even if it was all used to pay down debt and you are 100% transactional, you should still have significant reserves, this is very questionable without explaination...Also, the fact that you have such a wide gap between your EPS and diluted EPS is concerning by I guess fairly common for pennies...I know in the beginning financing and preferred stock dividends can eat away at EPS, but with the attack on this stock by market makers' seeming dilution tactics reminds me of the oh too many past dilutive scams we've been sucked into..money lost and more importantly time wasted and hope lost...i'll be blunt with you...Now I'm not representing any future class actions or anything like that, but I think all of your investors that are standing behind you (this does not include transnational market makers, but long owners) deserve a little reassurance if you want the bids to keep coming in, and future class actions to stay out...just saying.... I'm just sick and tired of trying to be one of the many that provide these new companies the blood only to be manipulated out by dilution and reverse splits. There are many investors taking the opportunity cost hit of not investing directly into crypto, but rather are investing directly into BTCS...You should feel great about that. Your marketing and web site are at the center of what I feel is a paradigm shift in our financial system. I'm an Investment Advisor/Financial Advisor/FINOP and though my broker does not allow me to invest my clients in pink sheet stocks, I am still personally allowed too. I see cryptocurrency futures coming, eventually ETFs, once Cryptos are an allowed asset in qualified plans I feel the 360 integration of these digital currencies will be inevitable. This is great for companies like yours, assuming you are and do whom you say your are and do. Just a concerned investor looking for some reassurance on behalf of many! Mike
