InvestorsHub Logo
Followers 5
Posts 662
Boards Moderated 0
Alias Born 04/18/2012

Re: None

Tuesday, 01/07/2020 2:01:07 PM

Tuesday, January 07, 2020 2:01:07 PM

Post# of 41928
I believe this is now longs parting with shares, moving on or hoping to buy lower. When bfch bought TelesisIT for 15mil shares, i think that was lots of the selling. Im also waiting on where the warehouse construction is at. I think they are doing it on the cheap and not diluting. I haven’t forgotten that the land lease is for 10yrs. and that the last unaudited balance sheet had like $190k in cash, so they dont need to dilute. Beyond bitcoin mining, ive not forgotten this statement in their quarterly - “
Strategic Acquisitions- The Company will explore various Strategic Acquisitions of private companies that we believe will benefit from the exposure of the public markets. Once we identify an acquisition, BitFrontier Capital Holdings, Inc. will incubate them until they can be self-sustaining at which point, we will spin them off into their own public company providing a dividend for our shareholders. “
I hope everyone makes lots of money.
Most important, this is a very locked stock.