Crypto Stocks List

Discussion in 'Crypto Assets' started by Cdntrader, Dec 19, 2017.

  1. hmm maybe they want to do it the US.
     
    #81     Jan 29, 2018
  2. m22au

    m22au

    Another reverse merger, announced some time ago, is Tesspay. RIOT ownes 52% of Tesspay.

    "Cresval Capital Corp. Announces Signing of Definitive Agreement With Tess Inc."
    https://globenewswire.com/news-rele...ng-of-Definitive-Agreement-With-Tess-Inc.html

    "Riot Blockchain's TessPay Enters Definitive Agreement for Transaction with Publicly Traded Cresval Capital Corp. "
    Jan 17, 2018, 08:00 ET
    https://www.prnewswire.com/news-rel...ly-traded-cresval-capital-corp-300583740.html

    There are a few differences in the wording of the above PR and the exhibit 99.2 which was filed on January 18:
    https://www.sec.gov/Archives/edgar/data/1167419/000107997318000036/ex99x2.htm

    However the main points of the merger are:

    Shell company:
    Cresval Capital Corp

    Blockchain company:
    TessPay

    Merger terms:
    * Cresval is "acquiring" Tesspay. Tesspay will receive 80 million shares of Cresval.
    * Existing shareholders of Cresval will retain 8.4 million shares of Cresval.
    * RIOT owns 52% of Tesspay (52% of 80 million is 41.6 million)
    * Tesspay will execute a financing of 3.5 million CAD. The form of this financing is a convertible note at CAD $0.10 into Tesspay
    * Merger expected to be completed by the 2nd quarter of 2018

    https://finance.yahoo.com/quotes/crv.v/view/v1

    RIOT 10-Q for the quarter ended 30 September 2017

    https://www.sec.gov/Archives/edgar/data/1167419/000107997317000667/riot_10q-093017.htm

    "On October 20, 2017, the Company acquired approximately 52% of TESS which is developing blockchain solutions for telecommunications companies. Under the terms of the Purchase Agreement (the “Purchase Agreement”) the Company invested cash of $320,000 and issued 75,000 shares of restricted Common Stock in exchange for 2,708,333 shares of common stock of TESS.
    "Accordingly, TESS became a majority-owned subsidiary of the Company. In connection with the transaction, the Company and TESS entered into a registration rights agreement pursuant to which the Company agreed to file a registration statement within three months to register the resale of 25,000 shares (of 75,000 shares) of Common Stock issued to TESS.
    "As of October 20, 2017 TESS has net tangible assets of approximately $10,000 and the Company expects that the purchase price will be allocated to intangible assets including in-process research and development and goodwill."

    .
     
    Last edited: Jan 29, 2018
    #82     Jan 29, 2018
  3. m22au

    m22au

    #83     Jan 29, 2018
  4. m22au

    m22au

    "Galaxy Digital, First Coin and Bradmer Pharmaceuticals Announce Business Combination and Establishment of Blockchain, Digital Asset and Cryptocurrency Platform"
    http://www.marketwired.com/press-re...usiness-combination-establishment-2244258.htm

    Bradmer stock is BMR.H or BMR-H.V

    https://finance.yahoo.com/quotes/dtsrf,mv-h.v,oup-h.v,crv.v,bmr-h.v/view/v1

    .
     
    #84     Feb 8, 2018
  5. Bitcoin USD teetering around 8000 !!
    What say ye ....buy the dip or hope for a break down ?
     
    #85     Mar 16, 2018
  6. lovethetrade

    lovethetrade Guest

    If you've got a buy signal, yes. Buy-and-hold is not an option right now, there's too much uncertainty and risk to the downside.
     
    Last edited by a moderator: Mar 16, 2018
    #86     Mar 16, 2018
  7. BOOM....It broke-down....and quite hard.
    Now...to catch a falling knife ?
     
    #87     Mar 18, 2018
  8. A wild day for Bitcoin.....crazy movement...down then up.
     
    #88     Mar 18, 2018