BitFrontier Capital Holdings Inc (BFCH)

[Damascus]

$PURO Boom- Look at this - The last 10Q before the company went dark for 7+ years was August 9, 2010. This is the last filing before the 15-12G (Termination). It states "At June 30, 2010, the Company was authorized to issue 375,000,000 shares, of which there were 55,234,603 shares issued and outstanding". https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7402009

Also, look at this- "We will require approximately $1,000,000 over the next 12 months in order to enable us to proceed with our plan of operations, including paying our ongoing expenses. These cash requirements are in excess of our current cash and working capital resources. Accordingly, we intend to raise the balance of our cash requirements for the next 12 months (approximately $998,000) from private placements, stockholder loans or possibly a registered public offering (either self-underwritten or through a broker-dealer). If we are unsuccessful in raising enough money through such efforts, we may review other financing possibilities such as bank loans. At this time we do not have a commitment from any broker-dealer to provide us with financing, and there is no guarantee that any financing will be available to us or if available, on terms that will be acceptable to us."

^^ So it appears they needed $1,000,000 to finance the rest of their business but 2 weeks later they filed the 15-12G. So I think that perhaps the big SS we have now is a result of this "financing" that there isnt a record of. So basically, it could be that no money was given to the company but there was debt issued, which if im not wrong, would not be legally issued.

Even more evidence is the NVSOS records before it was revoked show 75M shares out there. So how could there be 12.4B OS? well, I think the 12B shares were issued illegally which the company is looking into now. -- ""The Company is currently working with its security counsel to verify the issuance of such shares and obtain documentation related to these shares. If documentation satisfactory to the Company and its security counsel is not supplied, or if the Company determines these shares were issued illegally, the shares will be canceled."

Lets see what happens. But I'd guess theres a big reduction in the future if those shares weren't legally issued. Not to mention a the very interesting new Bitcoin merger here. I think $PURO is going places- But lets see..


All IMO