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Euripides90

12/13/16 1:13 PM

#14404 RE: TRADEdeez #14401

Now it's exactly one year later, the Spondoolies fiasco finessed best BTCS could, determined to hang on cutting costs wherever possible incl. we see for management, legal, overhead, facilities, everything --

NOW with Bitcoin/Blockchain world posed to explode again,
they'll be free in a couple weeks to do whatever they want with no obligations to the likes of Spondoolies, lessons learned, contacts kept --

Pie may be right, new floor by end of this month can be .006 again,
with the QB within easy reach. Not sure if they still feel a need to go straight to NASDAQ, they were @ 11c as of this writing a year ago, have had to take some steps back -- JMO this is definitely a keeper stock, should be higher now.
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Handyman4545

12/13/16 8:01 PM

#14409 RE: TRADEdeez #14401

Baring in mind that this article is nearly a year old...

Fantastic digging TRADEdeez!

Exclusive: BTCS Eyeing Nasdaq Listing As Part of Financing Push
BTCS (OTCMKTS:BTCS) is aiming to upgrade its public listing to the Nasdaq as part of efforts to secure another critical
Leon Pick | News (CryptoCurrency) | Tuesday, 15/12/2015|13:59 GMT

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"BTCS is working through a number of steps to ensure compliance with Nasdaq listing requirements, said Allen. For example, as the Nasdaq requires a minimum share price of $4, BTCS would have to do a reverse split on its shares, currently worth $0.11 apiece. The company would also have to hire an independent board of directors."
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There's your answer in a nutshell.
Assuming Charles is still looking to get on he NASDAQ as stated in the one year old article, he would now need to do an 1800/1 reverse split to achieve the $4/shr margin alone.

Got 1,000,000 shares now?
After the split, you'll have 500


There must be something else going on to bump the share pricing.

http://www.financemagnates.com/cryptocurrency/news/btcs-eyeing-nasdaq-listing-as-part-of-financing-push/