XTRA Bitcoin Inc (CBTC)

[jerseyboy1997]

TCEL i can def see you do not know stock law by your comment


Claiming that OTC never has to file is bizarre, especially one that wants to a Reg A, Tier 2 funding... hint: go back to Xtra Bitcoin and their previous merger.

But I suspect in this case, with the cancellation of the R/S that we'll see Preferred Shares being issued and I promise that if you are buying this you will not get the same terms as the Preferred.



REG A and TIER 2 funding lol why would a ceo that wants loyal shareholders and pps to increase as the company builds do a reg A or tier 2 ? you obviously do not know what those do to a stock


and preffered shares are great for a company that is looking at $10m revs once operational because as stated earlier rule 144 applys and none of those shares can be converted or sold into the market for minimum 6 months and if xtra chooses to SEC report then its a minimum of 12 momths

and with preferreds being otc when they do want to sell they are only allowed to sell 1% of the O/s every 3 months. so only 0.33% of the o/S cn be sold per month thats 5.6m shares a month dilution

with a reg a or tier 2 you are looking at nearly instant dilution

also with preferred xtra can buy them back at anytime without the preferred holders approval


i am done now for the day tired of schooling amatuers

trimark mm reverse merger specialist 20+