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Lol holy shit. There is a stock on the pink sheets called Crypto Co
| chest-beating candlestick maker | 12/15/17 |
| Startled Prole | 12/15/17 |
| Snowy flirting generalized bond | 12/15/17 |
| insecure pink school toilet seat | 12/15/17 |
| chest-beating candlestick maker | 12/15/17 |
| stubborn salmon church building pisswyrm | 12/15/17 |
| chest-beating candlestick maker | 12/15/17 |
| 180 mustard hospital | 12/15/17 |
| chest-beating candlestick maker | 12/20/17 |
| excitant plum location | 12/20/17 |
| chest-beating candlestick maker | 12/20/17 |
| excitant plum location | 12/20/17 |
| chest-beating candlestick maker | 12/21/17 |
Poast new message in this thread
Date: December 15th, 2017 12:27 AM Author: chest-beating candlestick maker the stock went from 3 dollars at the end of September to a high of 642. today it closed at 508, giving this company which generated half a million in revenue for the year a market cap of almost $10 billion. (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924313) |
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Date: December 15th, 2017 12:35 AM Author: Startled Prole (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924363) |
Date: December 15th, 2017 12:28 AM Author: Snowy flirting generalized bond (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924319) |
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Date: December 15th, 2017 12:30 AM Author: insecure pink school toilet seat Normal, not a bubble. Not mania. Everything’s fine (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924338) |
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Date: December 15th, 2017 12:41 AM Author: chest-beating candlestick maker insanity (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924399) |
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Date: December 15th, 2017 12:43 AM Author: stubborn salmon church building pisswyrm lol (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34924408) |
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Date: December 15th, 2017 9:00 AM Author: chest-beating candlestick maker not flame. i repeat, not flame (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34925703) |
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Date: December 15th, 2017 9:01 AM Author: 180 mustard hospital Just bought everything (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34925708) |
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Date: December 20th, 2017 11:27 AM Author: chest-beating candlestick maker Update: fraud stock was halted by the S.E.C. yesterday. last traded at 575. peak experience
https://www.ft.com/content/891c4046-e4d8-11e7-97e2-916d4fbac0da
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Crypto Company shares suspended by regulators
SEC moved in after fervour for digital currency businesses sent stock soaring Read next fastFT Regulators to look at cryptocurrency rules – Carney NEW AN HOUR AGO Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Save Save to myFT Chloe Cornish in San Francisco YESTERDAY 1 US regulators have halted trading in shares of Crypto Company, a penny stock whose value surged more than 2,000 per cent this month thanks to the hype surrounding bitcoin, saying it was concerned over the possibility of market manipulation.
Crypto, a Malibu, California-based business that says it is building a cryptocurrency trading and advisory business, was one of a handful of previously obscure stocks to have drawn attention for wild price moves, as investors hunted for equities that might benefit from the booming interest in digital currency.
In a statement on Tuesday, the Securities and Exchange Commission said it had concerns about the “accuracy and adequacy of information in the marketplace” about payments made for promotion of the company and plans by company insiders to sell shares.
Questions had also arisen, the SEC said, about “potentially manipulative transactions in the company’s stock in November 2017”.
The company said it would be issuing a statement in response to the SEC suspension but declined to comment further. The regulator said its suspension would last until January 3.
Crypto shares are traded over the counter rather than on an official exchange. The price spike briefly gave the company a market capitalisation of $12.6bn and made its chief executive, Michael Poutre, a paper billionaire thanks to his one-fifth stake.
During its wild ride, an investment company run by Mr Poutre sold stock, and the company itself last week raised $7.7m by issuing new shares at $7 apiece — a 97 per cent discount to the quoted market price at the time. It also said it was planning a stock split to try to improve liquidity in its shares.
US regulators have signalled that they are watching developments associated with cryptocurrencies closely. The chairmen of the SEC and the Commodity Futures Trading Commission both cautioned investors last week to tread carefully.
The investor fervour has attracted comparisons to the dotcom mania of two decades ago, and Crypto is not the only company to have enjoyed a share price bump in recent weeks.
LongFin, a trade finance company that went public last Wednesday, rocketed after subsequently announcing the acquisition of its founder’s side project, a company that offers loans in digital currency. From $5 last week, LongFin shares were trading at $71 on Tuesday, giving it a value of more than $6bn.
Share this graphic At the beginning of November, Crypto shares were trading around $32 before climbing to a $642 high on December 11. They were trading at $575 on Monday before the SEC issued the temporary suspension.
Mr Poutre, a former stockbroker, was suspended for two years by the Financial Industry Regulatory Authority in 2010 over outside business activities. He did not admit any wrongdoing and told Bloomberg that he had tried to have the record expunged after he sued his former employer.
He brought Crypto to market this summer through a reverse takeover of a company that had previously been developing parts for sports bras.
According to company filings, Crypto offers “institutions and individuals direct exposure to the growth of global blockchain developments” through business activities including consulting, investing in cryptocurrencies, and developing “proprietary source code for the management of digital assets”. It said it had made $564m trading cryptocurrency since March.
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Date: December 20th, 2017 11:28 AM Author: excitant plum location (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34966148) |
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Date: December 20th, 2017 11:29 AM Author: chest-beating candlestick maker you posted too prematurely (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34966158) |
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Date: December 20th, 2017 11:34 AM Author: excitant plum location fair, edited
thank. |
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Date: December 21st, 2017 11:30 PM Author: chest-beating candlestick maker (http://www.autoadmit.com/thread.php?thread_id=3829728&forum_id=2#34980987) |