Replies to post #19804 on First Bitcoin Capital Corp (BITCF)

[JohnCM]

"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."

ASSETS

Current Assets

Cash $ 1619.64 June 30, 2017 $0.00 Dec 31, 2016

Digital cash $311,974.00 June 30, 2017 $5,889 Dec 31, 2016

Total Current Assets $313,593.64 June 30, 2017 $5,889 Dec 31, 2016

Long-Term Assets Cryptocurrencies (at cost)
$360,000 June 30, 2017 $360,000 Dec 31, 2016

Total Long-Term Assets $360,000 June 30, 2017 $360,000 Dec 31, 2016

Total Assets $673,593.64 June 30, 2017 $365,889 Dec 31, 2017

[BlockChains]

Maybe the transparency of the blockchain assets of BITCF lead them to be concered that those assets should be booked closer to their market value than their very low historic cost?

Maybe having some of their common shares on the bitcoin blockchain caused them to be concerned that there needed to be more clarity concerning their capital structure?