[2015-12-16] BTCS Eyeing Nasdaq Listing As Part of Financing Push

[LiteCoinGuy]

Exclusive: B T C S Eyeing Nasdaq Listing As Part of Financing Push

B T C S (OTCMKTS: B T C S), formerly Bitcoin Shop, is aiming to upgrade its public listing to the Nasdaq as part of efforts to secure another critical round of financing.

Speaking to Finance Magnates, CEO Charles Allen explained that an underwritten offering on the Nasdaq may offer a much larger investor universe than the OTC Markets, where the shares are currently listed. Such an upgrade may open the door to more financing and reap the benefits of greater liquidity.

http://www.financemagnates.com/cryptocu ... cing-push/

[iFixBTCmemoryIssues]

Exclusive: B T C S Eyeing Nasdaq Listing As Part of Financing Push

B T C S (OTCMKTS: B T C S), formerly Bitcoin Shop, is aiming to upgrade its public listing to the Nasdaq as part of efforts to secure another critical round of financing.

Speaking to Finance Magnates, CEO Charles Allen explained that an underwritten offering on the Nasdaq may offer a much larger investor universe than the OTC Markets, where the shares are currently listed. Such an upgrade may open the door to more financing and reap the benefits of greater liquidity.

http://www.financemagnates.com/cryptocu ... cing-push/

Pipe-dream, they should remain OTC although at this rate that stock will become sub-penny in no-time.

Problems are:

1) low share price
2) small market-cap
3) many splits
4) bad financials
5) small board

To become NASDAQ listed, you are required to have a market-cap of $200M and a share price of at least $2, holding both for several months. A NASDAQ listing will also cost this company much more than what they have in their coffers, they couldn't even afford the audits :p


Company Notes

Formerly=Bitcoin Shop Inc. until 8-2015
Formerly=TouchIT Technologies Inc. until 2-2014
Formerly=Hotel Management Systems, Inc. until 7-2010

^^ Signs of a company being recycled as a Pump and Dump scheme

Security Notes

Capital Change=shs increased by 8.6 for 1 split Ex-date=04/06/2010. Rec date=04/05/2010. Pay date=04/05/2010.
Capital Change=shs decreased by 1 for 300 split. Ex-date=02/05/2014.

Pump and dump

[LiteCoinGuy]

i dont have big expectations too