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Gold Bitcoiner
Gold Bitcoiner
Posts: 2682
Joined: Tue Nov 24, 2015 9:03 pm

Bitcoin Group

Thu Mar 10, 2016 2:40 am

"Bitcoin Group is one of those companies who had high hopes of getting listed on the Australian Securities Exchange and bring more positive attention to digital currency. Unfortunately, those plans have been scrapped, as the company might not have enough cash at their disposal to survive its first year on the market. With such a grim future ahead, it only makes sense to rethink the plan and focus on building up the company through other means."

- Bitcoin Group, I posted a couple months ago that this was a bad move. Buy a cheap shell listed on the OTC and then work yourself up from there. Your annual audits and fees won't cost more than $100K. In a couple of years with good market-cap and daily trading volume, you can apply for a NASDAQ listing.
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