First Bitcoin Capital Corp (BITCF)

[1manband]

And the statement is unclear, at best, if not outright misleading.

There are two types of 20-F's - a Registration Statement and Annual Report. The statement by BITCF seems to refer to an Annual Report, which they are prohibited from filing without being registered with the SEC. That would first require that they file a 20-F Registration Statement with the SEC, and then going through the extensive SEC review process, which for a company like BITCF that has been previously suspended for fraud is not at all guaranteed to be successful.

From their statement, I don't believe BITCF understands the SEC registration process at all, and that calls into question not only their ability to complete it, but even if they are actually going to initiate the process at all.