ACCESS Newswire
14 Feb 2020, 05:49 GMT+10
FRUITLAND, ID / ACCESSWIRE / February 13, 2020 / XTRA BITCOIN INC. (OTCPINK:CBTC) $CBTC $xtrabitcoin.
XTRA's board retained Leonard W Burningham of Burningham Law Group as our Securities Counsel. As of February 12, 2020, XTRA Bitcoin Inc. has achieved OTC PINK - Current Information status.
XTRA Bitcoin Inc. retained attorney Leonard Burningham, Esq. of Burningham Law Group to be our Company's Securities Counsel. He provided the 'Attorney Letter' to OTC Markets, Inc. after a comprehensive due diligence review of the Company. As a result, XTRA Bitcoin Inc. has successfully complied with the 'OTC Pink Disclosure Guidelines,' the 'Stop' and 'Yield' notations placed on its OTC Markets Profile have been removed, and the Company is 'current' in its publicly available information requirements. With the systems in place to maintain current reporting for the future, the Company is now focused on developing its bitcoin mining operations.
XTRA Bitcoin Inc is developing a 2.5 MW phase 1 of a planned 10 MW bitcoin mining facility to deploy energy-efficient miners using the latest ASIC chip technology.
Our discussion may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. You should also review our most recent filings for a more particular discussion of these factors and other risks, particularly under the heading 'Risk Factors'.
If you would like more information about this topic, please call Paul Knudson at 1-208-630-6678, or email [email protected]., $xtrabitcoin.com Twitter: @xtrabitcoin
SOURCE: XTRA Bitcoin Inc.
Get a daily dose of Chicago Chronicle news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chicago Chronicle.
More InformationMENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
Aluminum, copper and nickel shipments have surged this year, according to trade data Beijing has increased purchases of Russian metals...
By Reena Bhardwaj New York [US], June 29 (ANI): A prominent Hindu spiritual leader has been recognised by New York City officials...
BEIJING, June 28 (Xinhua) -- Here are the latest Chinese sports headlines from the past week: 1. China's Wang Xinyu finishes runner-up...
By Naveen Kapoor New Delhi [India], June 27 (ANI): The Aircraft Accident Investigation Bureau (AAIB) Lab in New Delhi, is currently...
Elon Musk has threatened to launch a new party to undermine US President Donald Trump, following a falling out over a spending bill....
Eight American researchers have arrived at a university in southern France, as the country pushes to offer science asylum to US academics...