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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TOP Ships Inc | NASDAQ:TOPS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.38 | 12.38 | 13.25 | 0 | 01:00:00 |
BTCS INC, ($BTCS), and BOSTON CARRIERS ($BSTN)
2 Under the radar Companies set to take off.
November 29th, 2017 -- InvestorsHub NewsWire -- Crypto currencies, and affiliated businesses and products are on fire currently. With Bitcoin breaching the psychological resistance barrier of $10,000.00 traders are scrambling to take positions, and or look for alternative plays that they could utilise to take advantage of this hot segment. Is cryptos a trend? Opinions vary with that one, however one thing we can all agree on is, "The trend is your friend" That being said there is currently a severely undervalued crypto play that we have recently put under review. BTCS Inc (USOTC:$BTCS) has recently made some huge moves that would not only benefit the Company, but would bring value to the shareholders as well.
BTCS Inc, has recently successfully closed on the remaining balance of financing listed in the terms to complete an announced merger with Blockchain Global Ltd. The announcement was made on August 21, 2017
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12243607
They announced completion of the financing on October 25, 2017. The proposed merger with Blockchain Group will allow BTCS to expand into Asian markets where blockchain development and deployment is accelerating.
This milestone is huge for the Company yet the market is mostly unaware of this huge accomplishment.
When combining this fact with news that they took on David M. Garrity to serve as an independent member of the board of directors, we're looking at a powerhouse in the making. David, a WSJ analyst who has appeared regularly on CNBC, Bloomberg, Yahoo Finance, and many other media outlets, has been on more than one occasion called an all star analyst. "BTCS is progressing towards being a global blockchain pioneer." says Gary in a recent article.
Blockchain Global CEO Sam Lee has previously stated that Blockchain Global was highly interested in working with startups.
https://www.youtube.com/watch?v=SlUSvAsAiUo
With Bitcoin recently surpassing the coveted $10,000.00 mark, and Blockchain Global at time of this interview sitting on 22,000 successfully mined Bitcoins, at time of writing the value of Blockchain Global's 22,000 coins sat at $220,000,000.00 One can easily distinguish the value this merger brings to BTCS Inc. At time of writing, $BTCS pps was way under .75 cents which we in our opinions consider that to be extremely undervalued. Conservative targets of $1.50 to $2.00 are what we are currently anticipating.
With a 3 million float, no dilution, and revenue up from last year, this little company is set up to be the next multi day runner on the OTC Markets.
The Company has recently completed a spot voyage contract that brought in over $1,200,000 in revenue. Their vessel, the MV: Nikiforos looks to be in the middle of completing another contract from what we can see by using the Company’s fleet positioning map on their website.https://bostoncarriers.com/fleet/Antonio Bertsos, the Company’s Chairman and CEO, has said on many occasions that he believes in the dry bulk sector, and that he will attempt to continue to grow their fleet with additional vessels.
In a recent email the CEO has stated that in December, and Q1 2018, they will be announcing some exciting plans and business that Boston Carriers will enjoy in the near future.
https://ih.advfn.com/p.php?pid=nmona&article=76123618
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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