Bots Inc (BTZI)

[lesgetrich]

BITCF was halted because the SEC didn't know how to value cryptocurrency assets and decided that cryptocurrencies should be treated as securities with all of the same reporting requirements...

SEC Suspension Notice

The Commission temporarily suspended trading in the securities of BITCF because of concerns regarding the accuracy and adequacy of publicly available information about the company including, among other things, the value of BITCF’s assets and its capital structure.

...also...

SEC halts trading in First Bitcoin Capital shares, which have gained more than 6,000% in 2017

The concerns relate to the value of the company’s BITCF, assets and its capital structure, the SEC said in a statement...

...First Bitcoin last traded at $1.79. The stock had run up 6,072% in 2017 through Wednesday, and is up 43% in the past week. It is up a staggering 24,421% in the last 12 months. The S&P 500 SPX, +0.64% has gained 9% in 2017.

Bitcoin and other cryptocurrencies have been on a tear this year, setting records that have taken the total market capitalization of the cryptocurrency space above $150 billion...

Obviously there was a bitcoin bubble that far outran the actual value of this and other crypto companies. Hopefully, Bots will be able to establish a more rational market based on their blockchain software products this time around.