BTCS Inc (BTCS)

[Elptxcowboy7]

Unless I missed something I don’t see anything about 12/31/17. However if you read page 4 or their S-1/a on 11/29/17 it does state:

“Charles Allen, our Chairman, Chief Executive Officer and Chief Financial Officer and Michal Handerhan our Chief Operating Officer have both notified the Company that in the event the Company is unable to consummate the proposed merger with an Australian entity they intend to terminate their employment and resign as officers and directors of the Company, which would have a material adverse effect on us.”

Also in it they can terminate their employment for “good reason” and still make $435,000 also found on page 4 of their 11/29/17 S-1/a

“Their Employment Agreements permit them to resign for Good Reason which includes non-payment of salaries beginning on December 22, 2017. This would result in the Company owing them $435,000 and would leave the Company without officers or employees which may have a material adverse effect upon us.”

I’m in this and want the merger to happen. It does seem like they are betting everything on this merger, but the more time that goes by the more worried I get. Wish they would give us some good news. Time will tell though. It’s either going to be a huge gain for everyone involved or it’s going to leave a lot of people holding bags.