Replies to post #19655 on First Bitcoin Capital Corp (BITCF)

[planetaryfuture]

Premise Of Post In Question Misleading .....

The post being questioned presents a "false-misleading picture" relative to the temporary suspension order of $BITCF by equating BITCF issues with another Corporation additionally charged with "stock manipulation" ..... though having the same introductory preamble of wording .....

Factual comparison of allegations proves points of substantive difference :

BITCF SEC allegations -

"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. This order was entered pursuant to Section 12(k) of the Exchange Act."

CYNK SEC allegations -

"The Commission temporarily suspended trading in the securities of CYNK because of concerns regarding the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in CYNK’s common stock."

The SEC regulatory "concerns" make no mention whatsoever alleging acts of manipulation by BITCF ..... but they do toward CYNK ..... which is apparently why CNYK was charged with fraud .....



I realize you clearly see this major point of difference and do not need me to explain any further ......

Thanks for your time and contribution toward clarification and honesty !!! .....

P.S. I would like to note the fact that BITCF asset-value of ICO holdings of Alphabit ...... Alleged to be at least 200,000,000 million shares ..... if my memory serves me faithfully ..... would not be reflected until the final quarter of 2017 ..... I do not have adequate time to research this particular point of interest at this moment due to editing time soon to expire ..... but other interested parties can present a more accurate updated picture concerning this issue ..... Thanks for your patience and understanding !!!

Best Wishes

[I-Glow]

I think the SEC has a issue with the way BITCF was placing a value on their assets.

The SEC doesn't suspend unless they have proof of fraud - it isn't something they do without a great deal of research.

Since January 1, 2010 there have been 2,892 stocks suspended only 5 have been relisted and none have been successful after relisting. Or 0.17% of the stocks suspended have relisted.

The above is courtesy of Renee who does the Suspension board.

The SEC was very clear - BITCF was issuing false and misleading information.

Shareholders on suspended stocks always think their stock is different - it was just a misunderstanding and will be resolved soon - in the case of BITCF - the SEC is scared of cryptocurrencies and is trying to scare investors - the company will be filing a registration statement soon... (I am not referring to you but shareholders in general).

BITCF is playing out like a typical stock on the greys - very little volume - the price is down 72%.

IG