First Bitcoin Capital Demonstrates Tokens Ownership; Confirms Yesterday as Record Date for Dividend; and Provides Updates to Shareholders
TEL AVIV, ISRAEL / ACCESSWIRE / September 13, 2017 /First Bitcoin Capital Corp. (OTC PINK: BITCF) (the "Company") announced today that the record date for its crypto coin dividend remains September 12, 2017.
Shareholders are to receive approximately .048 TeslaCoil Coin for each share of BITCF held on the record date. This is based on the closing price of $0.037 declared on August 2, 2017, and yesterday's closing price of each TeslaCoil Coin at $0.768797 as a 10% dividend. The Company can provide no assurances that after this dividend is paid the price per TeslaCoil Coin will continue in its current trading range once in the hands of our public shareholders due to the sporadic, low volume, historical trading record found at coinmarketcap.com. While FINRA may set an ex-dividend date for this dividend, based on the payment date, the Company can make no assurances that the regulatory agency will set or publish an ex-dividend date as this is history's first cryptocurrency dividend to public shareholders.
As an additional point of information, the Company has decided that, on a periodic basis, it will publish a blockchain event or events designed to provide proof of ownership of the crypto tokens contained in the Company's four major wallets. These events consist of certain transactions conducted by the Company between or within its three primary Omni wallets and a specified transfer from its Ethereum Wallet. Because distributed ledgers such as the Bitcoin Blockchain and the Omni layer built on the blockchain are open to public inspection, the token transfers will transparently demonstrate its ownership of the crypto tokens. Only a person or entity with the private keys to these wallets can initiate any transaction or event involving these tokens.
The first transfer will be for 18.18 Tesla property #50 from our first Omni Wallet located here: http://omnichest.info/lookupadd.aspx?address=1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS
These 18.18 will be transferred to our second Omni Wallet here: http://omnichest.info/lookupadd.aspx?address=1VuF26AgLyQ4tBoGzYTWRqtDG9zCB7QXe
From this second Omni Wallet 19.19 FUEL property #189 will be sent to the first wallet.
From the third Omni Wallet we will send 20.00 UAE property #193 to our first wallet:
From our Ethereum Wallet, we will transfer 18.18 Alphabit (COIN:ABC) to a wallet we will establish under our control.
Once these transfers are confirmed on the various blockchains, we will issue another press release that will allow the public to verify, through distributed ledger technology, the Company's transparent ownership of these tokens. These "proof of ownership" transactions have been designed by the Company to put to rest any questions or doubts raised by concerned shareholders.
For those whom did not see the Company's news releases regarding recent events and the responses by the Company to certain recent "lawyer advertisements" by certain New York law firms, please see the following three links found on the OTC Markets New Service:
The Company asks all potential shareholders to carefully consider the high risks involved in speculating in our common stock and to take note of the fact that all of the extensive inventory of our various altcoins, while showing significant potential, is highly speculative, and these cryptocurrencies are extremely illiquid and only trade sporadically on small, unregulated foreign cryptocurrency exchanges.
About First Bitcoin Capital Corp.
First Bitcoin Capital Corp. is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange- www.CoinQX.com. We see this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex Blockchain technologies and in developing new types of digital tokens. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as well as crypto exchanges under the unified symbol BITCF) we want to provide our shareholders with diversified exposure to digital crypto currencies and blockchain technologies. At this time, the Company owns, controls and/or operates more than the following digital tokens under development:
www.CoinQX.com - cryptocurrency exchange, registered with FinCEN.
www.altcoinmarketcap.com - market capitalization for all cryptocurrencies with up and down voting by altcoin communities.
www.Alphabitcoinfund.com - world's first crypto ETF.
www.strain.ID - cannabis strains genetic information depository on decentralized Blockchain.
www.iCoiNEWS.com - real time cryptocurrency and Bitcoin news site.
www.BITminer.cc - providing mining pool management services.
www.2016coin.org - online daily election coverage and home page for $PRES, $HILL, $GARY& $BURN -commemorative presidential election coins.
www.bitcannpay.com - Open Loop merchant services for dispensaries.
List of most Omni protocol coins issued on the Bitcoin Blockchain and owned by the Company: http://omnichest.info/lookupadd.aspx?address=1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS
Second Omni wallet owned by CoinQX reflecting our airline mileage tokens issued: http://omnichest.info/lookupadd.aspx?address=1VuF26AgLyQ4tBoGzYTWRqtDG9zCB7QXe
Third (managed) Omni wallet including Tokens owned and/or managed by COINQX: http://omnichest.info/lookupadd.aspx?address=1M18oycUdsXv4pKyLLiASREcRGzPu22MxK
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.
SOURCE: First Bitcoin Capital Corp.
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