Replies to Post #13441 onTHC Therapeutics Inc. (THCT)

Replies to #13441 on THC Therapeutics Inc. (THCT)

01/23/18 1:15 AM

#13442 RE: rickotto1 #13441

Why stay in being down over $10K thinking this is worth a valuation of over $120M when the company has yet to earn a single $1 in revenue, present a product, or even a real plan on how they will make any money? Looking at past PRs, the worthless CEO is 0 for 3, sorry.

pseeker

01/23/18 3:54 AM

#13443 RE: rickotto1 #13441

SEC Cracks Down On "Overnight Blockchain" Companies

One month after the addition of "blockchain" to a company's name - or business model - became a joke in financial circles, not to mention a shortcut to soaring market cap for countless micro-cap companies, the SEC is finally getting involved.

As Reuters reports, the SEC is scrutinizing public companies that change their name or business model overnight in a bid to capitalize upon the hype surrounding blockchain technology, SEC Chairman Jay Clayton said on Monday. As we discussed last month, dozens of little-known companies - and not so little-known in the case of Kodak and its infamous KodakCoin - across the globe saw their share prices surge higher in recent months after unveiling plans to enter the bitcoin industry or that of its underlying distributed ledger blockchain technology.
https://www.zerohedge.com/news/2018-01-22/sec-cracks-down-overnight-blockchain-companies