BitFrontier Capital Holdings Inc (BFCH)

[Going_4_It]

In the Big Picture I couldn't care less about this company. As far as In am concerned It is just a vehicle to make money.

I have a tiny position in this compared to what I owned earlier last year, over 600K and sold at a 25% profit. So I threw a little funny money into this again just to see if I can get lucky a second time. This is speculation and not real investing.

I am mainly invested in Bitcoin Mining companies that have Call options that trade weekly. I sold some Calls today for $286. And I have two options that expired today out-of-the-money so I locked in about $325 cash profit. Every week I have some extra cash to play around with. And this week I bought some BFCH, but just a few shares. And as of today I am down $12.

I checked out the legal summons that you posted. Apparently the suit is for an amount of about $50K to $65K plus attorney fees. In the biz of bitcoin mining $50K is chump change. If their Liquid Immersion Worldwide subsidiary can secure just one reasonable size sale that should be way more than needed to pay off the claim.

Of course, the stock price is dirt cheap so there may be other problems that are not apparent. But stocks that are in and around the Bitcoin Mining biz can go up 10X in price in a week. So I will just hold onto my newly acquired BFCH shares and wait for higher prices.

Good Luck to All Longs.