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Rubin withdrew the 20-F registration statement two days

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janice shell Member Level  Friday, 05/22/20 07:20:34 PM
Re: samsamsamiam post# 173058
Post # of 173615 
Rubin withdrew the 20-F registration statement two days before it would have become automatically effective. That, presumably, was done because the SEC had told him it was unacceptable in its present form:

The company requires more time to adequately answer both narrative and financial comments proposed by the SEC staff and believes it is in the best interests of the Company and its shareholders to withdraw its registration Statement at this time and file a revised Registration Statement with year-end financial statements with the next thirty days.

Evidently that didn't prove feasible.

https://www.sec.gov/Archives/edgar/data/1795749/000144586620000186/bitcf_rw.htm

In the registration statement, he says BITCF at that time traded on the "Expert Market". OTCM only seems to keep that info public (at least in a way we can see it) for a certain length of time, so I don't know when it was moved there, but it would presumably have been in late 2019.

Something OTC Markets evidently doesn't know is that BITCF has been under a BCSC cease trade order since 2006:

https://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=6B9047BBAC2E495987CAC4525136B096

https://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=0FB5EBDCF7D9446C93AE6BFC87550B59





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