Category: Company News

VANCOUVER, BC / ACCESSWIRE / April 3, 2017 / First Bitcoin Capital Corp (OTC PINK: BITCF) answers the below listed frequently asked questions in order to assist interested parties to better understand the nature and procedures to participate in its first Initial Coin Offering (ICO) sometimes also referenced to as an Initial Token Offering (ITO).

The timing of our first ICO precedes the new game changing events in Japan. Bitcoin has now gained the recognition of a mainstream currency along the lines of the world’s fiat currencies. The historic event follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on the first day of April 2017. “The new law defines Bitcoin and other virtual currency as a form of payment method, not a legally-recognized currency. Bitcoin will continue to be treated as an asset unless there are future revisions or directives to Japanese tax law.” With the new law’s implementation, Bitcoin exchanges will also come under additional regulatory scrutiny. The recognition of cryptocurrency as a legal tender also means the applicability of regulations governing banks and financial institutions to cryptocurrency exchange platforms. They will be required to comply with strict anti-money laundering (AML) and Know Your Customer (KYC) requirements, along with annual audits. Other requirements include meeting the stated capital and cyber security requirements to ensure consumer protection.

The recognition of Bitcoin and other cryptocurrencies as legal payment instruments is good news for the global cryptocurrency ecosystem. Adoption of cryptocurrency is expected to increase among people, which will certainly, in turn, drive demand and price.

First Bitcoin Capital Corp releases the following FAQ regarding its newest cryptocurrency, ALT:

AltCoin FAQ

Altcoin (ALT) gives you the joint benefits of open blockchain technology while speculating on the booming cryptocurrency markets by ALT being aptly named for best branding to capture maximum market share.

How does AltCoin work and What are its Specs? AltCoin exists on The Bitcoin Blockchain through the Omni Protocol. The Omni Protocol is open source software that interfaces with blockchains to allow for the issuance and exchange of cryptocurrency tokens, in our case, “AltCoin”. The AltCoin is being offered via an ICO purchasable via Tether (USDT) the most popular Omni protocol currency that trades on par with and is 100% backed by USD. The process of buying and transferring Tether will be more fully explained below with links to exchanges where available. For those unfamiliar with trading on crypto exchanges, GoCoin may be the most convenient solution to acquiring USDT with USD.

How do I acquire AltCoin during the ICO?

Once owning Tether in your private wallet and while the ICO is running you simply need to send from your Omni Wallet at omniwallet.org -Tether (USDT) to the AltCoin issuer address as follows:

1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS

Just copy and paste that address into the send to address and as long as the ICO is running the sender’s Omni Wallet will automatically be credited with Altcoin (1 for 1 currently) plus a 20% bonus. This bonus will decease until the ICO is closed at which time post ICO received Tether will be manually returned to the sender if intended for the ICO. To check the current bonus percentages and verify that the ICO continues to be open, visit:

https://www.omniwallet.org/assets/details/149

Can I acquire ALT outside the ICO?

AltCoin has already begun trading on the Cryptopia Exchange where ALT trades in the secondary market. In other words, someone who bought in the ICO already sent some ALT to that exchange where those ALT now trade against Bitcoin (BTC). At time of this writing, the ALT is trading at a premium over the ICO. We expect ALT to be listed on many more exchanges as soon as the ICO is completed to be paired with many different fiat and cryptocurrencies.

Can Omni Protocol coins already be traded against ALT?

Tether has pathed the way, making it technologically simple for ALT to be traded and paired with USDT and other currencies on those exchanges already trading USDT. Markets can now be initiated and paired with ALT against other Omni protocol currencies such as OMNI, TESLA, PRES, HILL, USDT, GARY, BURN, BOND, XBU via: http://omnichest.info/mdexmarket.aspx?market=149.

How Can I monitor ALT issuances to learn the total issued and what will be that total?

It will not be known until the ICO is completed at the end of April 2017 how many AltCoins have been issued and that will depend on the popularity of this new coin. To monitor the total coins issued and transferred into the secondary markets, please see: http://omnichest.info/lookupsp.aspx?sp=149. In order to help find Altcoin (ALT) in the Omnichest numbering system search #149 while Tether (USDT) is searchable via #31. To monitor the Crowdsales of the ICO see Issuer’s Omni Wallet here: http://omnichest.info/lookupadd.aspx?address=1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS.

Once the ICO is complete there will be no further ALT issued or created, meaning that the fewer the ICO buyers the more scarce the currency.

Use of proceeds?

The USDT proceeds received by the Issuer, www.Coinqx.com, a cryptocurrency exchange (where ALT will soon be listed) and a subsidiary of First Bitcoin Capital Corp (stock symbol BITCF) will be used to build out www.Altcoinmarketcap.com where AltCoin (ALT) will be accepted so that owners of ALT will be able to use this new currency to advertise their goods and services. The USDT received will also be used for building walls of support in secondary trading of ALT and otherwise develop the issuer, its affiliates and for speculative trading in ALT and other cryptocurrencies. Should the proceeds not be sufficient to bring AltCoinMarketCap.com into full production, the Issuer and its parent company are dedicated to utilizing other resources to turn this website into the go to place for all things cryptocurrency. We plan to roll out AltCoinMarketCap.com before closing of this ICO.

Why Does Issuer earn 10% of each Issuance of ALT?

The 10% premium that the Issuer receives is earned in exchange for creating and issuing ALT and will be used and held for both short and long term capital gains. From our research, this is a very low amount and competitors often are more generous to themselves leaving a smaller percentage to be owned by the public.

Is AltCoin a Security?

ALT is not a security. The holders of AltCoin will be paid neither interest payments nor dividends nor will they own any property directly or indirectly in any asset or income source. ALT is merely a tokenized cryptocurrency not unlike Bitcoin. Each ALT acquired by speculators and end users will be the sole and separate personal property of the person or entity receiving ALT.

What is the relationship between AltCoin and AltCoinMarketCap.com?

While the intended use of ALT is as a forward-service receipt for ad-clicks purchased from AltCoinMarketCap.com based on the traffic that site may generate, it also may be used by holders in any legal transaction between willing participants. We estimate that the cpc for advertising on this new site will be low at first yet rise over time. Why will AltcoinMarketCap be a better Advertising Venue than, say, its obvious competitors CoinMarketCap.com or other sites? What these competitors lack is social activities and participation by the public. AltCoinMarketCap.com will engage the cryptocurrency enthusiasts allowing them to up vote and down vote coins based on their good and bad qualities as well as including social media attributes allowing interaction between those who login which will attract the public as they witness these events. The site name, data base and social interactions have been designed to place www.Altcoinmarket.com at the top of the search engines for key terms such as Altcoin, etc.

How does Tether work?

Tethers also exists on blockchains through the Omni Protocol. The Omni Protocol is open source software that interfaces with blockchains and allows for the issuance and redemption of cryptocurrency as managed tokens, in their case, “tethers”. Tether Platform currencies are 100% backed by actual fiat currency assets in their reserve account. Tethers are redeemable and exchangeable pursuant to Tether Limited’s terms of service. The conversion rate is 1 tether USD₮ equals 1 USD. The Tether Platform is fully reserved when the sum of all USDT in circulation is greater than or equal to the balance of fiat currency held in their reserve. Through its Transparency page, anyone can view both numbers in near real-time making Tether a stable and safe medium of exchange to acquire AltCoin in its ICO. For a more detailed technical explanation of how the Tether Platform works, please download the Tether white paper.

What real-world currencies does Tether support? Tether initially supports US Dollars (USD), Euros (EUR), and soon Japanese Yen (JPY). Represented by ₮, tether platform currencies are denoted as USD₮, EUR₮, and JPY₮.

Who can use Tether? Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat currencies on blockchains. Some of the largest businesses in the digital currency ecosystem have integrated tether. ALT using this same technology, it is probable that AltCoins will likewise be integrated should they become a popular cryptocurrency. View current industry supporters. Individuals can also create a Tether wallet or use tether-enabled platforms to transact with tethers.

How does Tether protect me from cryptocurrency volatility?

Because they are anchored or ‘tethered’ to real-world currencies. However, ALT is only initially tied to Tether through the ICO, so that when the ICO closes ALT should witness wild fluctuation not unlike those experienced by BTC, ETH, XMR, DASH, etc. Due to the potential scarcity, dependent on ALT’s ICO popularity, the fluctuations of ALT could be more dramatic but should eventually stabilize so it could be used in commerce. Tethers are new assets that move across the Bitcoin blockchain just as easily as other digital currencies. Tether currencies are not money, but are digital tokens formatted to work on blockchains. Tethers hold their value at 1:1 to the underlying assets with the typical price of one USD equal to one USDT on various exchanges. Rarely does USDT trade at a premium or discount from the USD, except on exchanges where trading is sporadic.

How do I know my Tether is secure? Tether is built on top of the revolutionary and cryptographically secure open blockchain technology and adheres to strict security and global government laws and regulations. All tethers are pegged at one-to-one with matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by actual assets in the Tether master reserve account. As a fully transparent company, Tether.io publishes a real-time record of all value held and transferred in and out of their reserve account. Tethers can be securely stored, sent and received across the blockchain and are redeemable for cash (the underlying asset) pursuant to Tether Limited’s terms of service.

Where can I use Tether? Tether is currently in Beta although it has already ascended to one of the world’s top cryptocurrencies with volume in the tens of millions daily. They want to make Tether usable anywhere, where you can use digital currencies and in many places where digital currencies are not currently accepted. AltCoin maybe the first ICO to accept USDT, and does so exclusively.

Are Tether and ALT transparent?

Yes. Both the ALT and USDT are built on the same platform, to be fully transparent always and is regularly audited. Unlike ALT and other cryptocurrencies very tether is backed 100% by its original currency.

How much does Tether cost to use? Tether has almost zero conversion fees, charges no commissions and offers top market exchange rates. Sending between Tether.to wallets is always free. When sending from your Tether.to wallet to an external tether-enabled wallet, Tether.io says they will absorb all Blockchain fees. Fees occurred when sending tethers outside of their wallet are outside their control.

Do I have to go through the KYC process? Going through the Tether “know your customer” (KYC) form and approval process is required to issue and redeem USD₮, EUR₮, and soon JPY₮, however this is not required to acquire USDT on many exchanges or to open an Omni Wallet where USDT and ALT may be received, sent and owned together and seen in the same wallet along with BTC and other Omni protocol assets. There is no KYC process for acquiring ALT using your USDT.

In what countries and states does, Tether have limited functionality? Tether is committed to operating in a secure and transparent way, while adhering to all government compliance and regulations .For this reason Tether does not operate in countries and U.S. states that do not regulate virtual currencies. Current countries with limited functionality:Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic People’s Republic of Korea, Ecuador, Guyana, Indonesia, Iran, Iraq, Lao People’s Democratic Republic, Myanmar, Namibia, Nicaragua, Pakistan, Papua New Guinea, Sudan, Syrian Arab Republic, Uganda, Yemen, Zimbabwe.

Current U.S. states with limited functionality: Delaware, Georgia, Hawaii, Idaho, Kentucky, Ohio, Tennessee, Virginia, Washington, Wisconsin, Wyoming

List of exchanges where Tether can be purchased:

https://tether.to/why-use-tether/

Forward-Looking Statements

Certain statements contained in this FAQ 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 business plan represent the Company’s views as of the date of this 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 release of this “FAQ”. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

The statements about Tether (USDT) are based on representation made by Tether and while we accept those statements as true, we cannot take responsibility for any loses that speculators and investors may incur (while buying, selling, trading or transferring Tether (USDT)) that is beyond our control. Our only responsibility is to deliver ALT against our receipt of USDT during the time the ALT ICO is running, and to return USDT to those whom inadvertently send USDT to us after the closing of the ICO.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

VANCOUVER, BC / ACCESSWIRE / March 29, 2017 / First Bitcoin Capital Corp.(OTC PINK: BITCF) launched its first Initial Coin Offering (ICO) today.

The Company foresees a major shift coming that will overnight witness the emergences of altcoins surpassing Bitcoin in overall market cap. Investopedia.com defines “Altcoin” as a combination of two words: “alt” and “coin”; alt being short for alternative and coin signifying currency. Thus, together they imply a category of cryptocurrency that is alternative to the digital currency, Bitcoin.

In order to capitalize on the pending shift, the Company has wasted no time in launching its first ICO choosing a name to capture the maximum exposure to this emerging trend calling it “ALTcoin” bearing the symbol “ALT.” In conjunction with this new ICO (also sometimes known as ITO for Initial Token Offering), the company is preparing to launch the AltCoinMarketCap.com– website for worldwide tracking capitalization of various alternative cryptocurrencies, as a social platform for cryptocurrency enthusiasts and as a new, potential income source.

Crypto Coin speculators may already begin acquiring ALT using Tether (USDT) as the medium of exchange. Early participants will automatically receive approximately 1.25 ALT for each USDT sent to the company’s Omni wallet, Bitcoin address: 1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS

In order to insure receipt of the ALT upon transferring USDT to the company’s wallet address, speculators will need to use their own personal Omni Wallet address and not an exchange provided wallet as the exchanges may not be prepared to credit those ALT to the senders account. After 6 confirmations, the ALTcoin (ALT) will arrive in recipient’s personal Omni Wallet. This process is fully automated and requires no manual processing by the issuer of ALT.

To participate, kindly see further details at: https://www.omniwallet.org/assets/details/149

The early bird bonus originally at 25%, will be gradually reduced to 20% the second week, 15% the third week, 10% the fourth week and 5% the final, fifth week, when the ICO closes. A bonus of 10% of all coins sold will belong to The Company while the 90% will be held by the public. It is rare to find an ICO that doesn’t amass a greater percentage to the issuers and organizers.

Management expects to witness ALT listed on several exchanges in the immediate future, including its subsidiary, COINQX.com so that those unable to send USDT to acquire ALT may also participate and so that secondary trading may ensue. Cryptopia is the first Bitcoin exchange outside OMNIDEX to list ALT.

ALT utilizes the same Omni protocol as our recently launched Bitcoin Unlimited Futures, which is now trading on 3 exchanges under the symbols XBU on OmniDEX and CoinQX and as XB on C-Cex.

We chose USDT as a medium of exchange for speculators to acquire ALT since it is the most actively traded Omni asset with tens of millions of coins in daily volume, trading in 11 currencies on Poloniex cryptocurrency exchange, as well as many other exchanges such as CoinQX.com and OMNIDEX exchanges.

About the company:

First Bitcoin Capital 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, developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies. At this time the Company owns and operates the following digital assets.

www.CoinQX.com cryptocurrency exchange, registered with FINCEN.
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 Omni protocol coins issued on the Bitcoin Blockchain owned by the Company: http://omnichest.info/lookupadd.aspx?address=1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS

Forward-Looking Statements

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.

Contact us via:

info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

VANCOUVER, BC / ACCESSWIRE / March 23, 2017 / FIRST BITCOIN CAPITAL CORP. (OTC PINK: BITCF) CoinQx Exchange LIMITED, a wholly owned subsidiary of FIRST BITCOIN CAPITAL CORP. and history’s first publicly trading bitcoin business is pleased to announce the opening of its new offices in Shanghai, China to accommodate its rapid growth and future expansion plans into Chinese and other Asian markets. BITCF has designed its trading platform (currently in beta) to cater to Chinese Bitcoin traders and will be offered in Mandarin. New offices in China will provide capacity for customer support, engineering and other important functions for the Chinese market. CoinQX platform will enforce government imposed anti-money laundering (AML) and foreign exchange regulations.

BITCF is expanding its cryptocurrency business model to focus on China where the majority of Bitcoin trading occurs. The COINQX bitcoin exchange can provide its Chinese customers access to competitive industry exchange rates and products specifically for the Chinese bitcoin traders.

“Expanding COINQX.com in China will allow us to increase our customer base in key areas that align with our current and future growth plans. We will actively attract talent to join the team. Our team is excited about the rapid growth plans we have developed for China and this move represents a commitment to continue to expand into the world’s largest Bitcoin trading market. “China remains the largest market for Bitcoin trading and is still responsible for over 91% of all Bitcoin trading volumes. Even the recent inquiries by the PBOC will not deter Chinese traders from getting involved in Bitcoin. Nor should that be the case, as the PBOC reportedly has no direct plans to ban Bitcoin. Volumes of bitcoin trading increased as China’s foreign reserves shrank, by about 8% to $3.05 trillion in 2016. Meanwhile, the yuan weakened against the dollar, causing flow of money out of the country and increasing interest in bitcoin and other cryptocurrencies.

About the company:

First Bitcoin Capital 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, developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies. At this time the Company owns and operates the following digital assets.

www.CoinQX.com cryptocurrency exchange, registered with FINCEN.

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. Company has recently introduced $XBU -Bitcoin Unlimited Futures available for trading on CoinQX.com and OMNIDEX exchange (http://omniexplorer.info)

www.bitcannpay.com Open Loop merchant services for dispensaries.

Forward-Looking Statements

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.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

VANCOUVER, BC / ACCESSWIRE / March 21, 2017 / FIRST BITCOIN CAPITAL CORP. (OTC PINK: BITCF) – CoinQx Exchange LIMITED, a wholly owned subsidiary of FIRST BITCOIN CAPITAL CORP (BITCF or the “Company”), and history’s first publicly trading bitcoin business, is pleased to announce the launching of BITCOIN UNLIMITED FUTURES now trading under the symbol XBU.

Other Bitcoin exchanges are now preparing for the highly anticipated hard fork of Bitcoin into two coins, with the original to remain named as Bitcoin symbol BTC and the forked coin as an altcoin to be named Bitcoin Unlimited, symbol BTU. Unlike Bitcoin, Ethereum emerged from its hard fork with the original coin renamed Ethereum Classic and their newly forked coin retaining the name of the original.

Many Bitcoin traders are anxious to begin trading in BTU. As a way to capitalize on this anxiety, and allow a mechanism to predict the BTU’s future value, CONQX issued on the Bitcoin Blockchain 9,000,000 tokens known as “Bitcoin Unlimited Futures” symbol XBU. When/if BTU comes into existence, it will not be convertible or equal to XBU, however, once both BTU and XBU are trading on COINQX, they will be exchangeable by willing participants based on customers bids and asks matching.

After the hardfork is complete, XBU will continue to trade with the intention for it to survive as a third option to Bitcoin and Bitcoin Unlimited. Those currently owning BTC on CoinQx are not required to do anything regarding the upcoming hardfork, as the hardfork should only affect miners, so that owners of BTC should ultimately find the additional Bitcoin Unlimited coin in their account equal to the amount owned during the hardfork, barring any unforeseen complications.

First Bitcoin foresees the split of BTC into two coins to be not unlike that of a spin-off of a subsidiary from a public company. Owning BTC before, during, and after the split will help to ensure receipt of the additional forked coin. Whereas FINRA sets record dates and ex dividend dates for such events, no authority or procedures exists to assist owners of BTC to know when to buy, hold, and sell their coins. In this regard, the Company is planning to launch a numbering system for cryptocurrencies similar to CUSIP, as well as establishing an SRO to help the emerging industry deal with such issues.

First Bitcoin director, Patrick Dugan, commented on the pending fork, “Most likely Bitcoin Unlimited ( BU) would serve as a check to force market demands to come
to the fore in Bitcoin Core, or conversely, BU could adapt Segwit. As someone who provides financial services and depends on the throughput of the Bitcoin blockchain for operations, I can say that more ruckus is preferable to the status quo.”

While this newly issued coin is not directly related to the original Bitcoin or its pending hardfork, it is indirectly related by the fact that it was issued on the Bitcoin Blockchain similar to Tether, symbol USDT. As a consequence, XBU is already exchangeable on the DEX against other similar currencies, such as $USDT, $BTC, $PRES, $TESLA, $GARY, $BURN, $HILL, and $MAID via http://omnichest.info/mdexmarket.aspx?market=1, and will soon be tradeable against additional currencies at www.coinqx.com.

About the Company:

First Bitcoin Capital 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, developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges), we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies. At this time, the Company owns and operates the following digital assets:

  • www.CoinQX.com cryptocurrency exchange, registered with FINCEN.
  • 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.

A list of Omni protocol coins issued on the Bitcoin Blockchain owned by the Company can be accessed here: http://omnichest.info/lookupadd.aspx?address=1FwADyEvdvaLNxjN1v3q6tNJCgHEBuABrS.

Forward-Looking Statements

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.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com.

SOURCE: First Bitcoin Capital Corp.

VANCOUVER, BC / ACCESSWIRE / January 12, 2017 / FIRST BITCOIN CAPITAL CORP. (OTC PINK: BITCF), a leading bitcoin and cryptocurrency developer, specializing in both blockchain and online merchant payment solutions for medical marijuana dispensaries and other high-risk merchant accounts and services, today announced the signing of an Exclusive Master Distributor Agreement to distribute a new type of fully automated check cashing ATM designed for use in medical cannabis dispensaries for the State of California. BITCF will add this check cashing ATM service to complete a full suite of financial services for the medical marijuana industry: merchant processing and POS solutions through its alliance network, a fully compliant, user friendly solution to accept Credit and Debit Cards through traditional Merchant Card Processing networks. The check cashing ATMs marketing efforts will be focused toward larger established medical marijuana dispensaries.

Fees for the check cashing services will be competitive. Dispensary customers using the service will be able to cash all types of checks: government issued checks, payroll checks and other types. Cannabis dispensaries service all kinds of customers. Many of those are unbanked and may need to cash checks before purchasing. Offering check cashing services on premises to this group of customers will be a very attractive way to increase revenues, as dispensary owners are looking for new ways to draw more customers because of check cashing convenience.

According to FDIC (Federal Deposit Insurance Corporation) recent 2015 National Survey of Unbanked and Underbanked Households, indicates that more than 7 percent of households in the United States were unbanked in 2015. This proportion represents approximately 9.0 million households. An additional 19.9 percent of U.S. households (24.5 million) were underbanked, meaning that the household had a checking or savings account but also obtained financial products and services outside of the banking system. By offering check cashing, our ATM Division expects that dispensaries will increase their customer base by 18%.

BITCF uses sophisticated fully automated risk analysis algorithms and underwriting procedures, resulting in 100% guarantee to the dispensary owners.

Summary of benefits of our services for the cannabis dispensaries and their customers:

Any types of checks can be cashed, including Payroll checks, Insurance checks, Personal checks, business checks, money orders, government issued checks and the funds can be credited to the Dispensaries bank account instead of their client pulling out and paying in cash.

Regulatory Compliance: The check cashing ATM will be installed pre-programmed to comply with all state, local federal regulations in California.

First Bitcoin is also developing a system that will enable dispensaries to accept Bitcoin and other cryptocurrencies as a form of legal payment. Stater of California has already enacted legislation that makes Bitcoin and similar digital currencies legal tender.

BITCF has developed specific programs to meet the unique needs of the medical cannabis industry. Offering merchant services at competitive rates for businesses operating legally under state law of California and Oregon, the company can now provide financial services not typically available from conventional banks.

While legalization of marijuana in many forms – and in many states – garnered over $5 billion dollars in 2016, the sums are expected to grow for 2017. More innovative and unique products are being created, and the stigma that once surrounded cannabis is slowly fading. These changes are helping the medical cannabis industry to prosper now that federal policies allow dispensaries to sell, grow, or possess cannabis while compliant with state laws. BITCF will only provide these services where federal policies allow our business model to proceed for dispensaries that are fully compliant with state and country laws, rules and regulations.

Should your dispensary be interested in these services please contact us by email: info@bitcoincapitalcorp.com

About the company:

First Bitcoin Capital is engaged in developing digital currencies, proprietary Blockchain technologies, financial processing services 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, developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital and blockchain technologies. At this time the Company owns and operates the following digital assets.

www.CoinQX.com cryptocurrency exchange, registered with FINCEN.

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 Financial and merchant services for medical cannabis dispensaries.

Forward-Looking Statements

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.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.


VANCOUVER, BC / ACCESSWIRE / November 30, 2016 /
First Bitcoin Capital Corp. (OTCMarkets: BITCF) is pleased to announce that it has sold its Venezuela mining concessions for a large stake in the cryptocurrency of one of the oldest mineable coins that ranks high on Coin Market Cap. See: http://coinmarketcap.com/currencies/kilocoin/.

Kilocoin which is similar to Litecoin primarily trades on a popular cryptocurrency exchange at https://c-cex.com/?p=klc-btc

A list of its nodes can be found via https://c-cex.com/?id=ws&shownodes=klc

Kilocoin mining can be tracked at https://www.blockexperts.com/klc#

From its web site via http://kilocoin.com/ their wallet can be downloaded.

At its current rate of mining (159 coins per block) it should take centuries to reach the maximum of 25,000,000,000 mineable coins with a little over 10,000,000,000 coins mine thus far, giving BITCF nearly 10% participation. The Company anticipates that the KLC exchange will boost BITCF’s balance sheet with tremendous upside potential and may become a source of future dividends.

Differences
from Bitcoin and Litecoin and Kilocoin

Bitcoin

Litecoin

Kilocoin

Coin limit

21 Million

84 Million

25 Billion

Algorithm

SHA-256

Scrypt

Scrypt

Mean block time

10 minutes

2.5 minutes

5 minutes

Difficulty Target

2016 Block

2016 Blocks

288 Blocks

Initial Reward

50 BTC

50 LTC

159 KLC

Current block reward

25 BTC

50 LTC

159 LTC

Block explorer

blockchain.info

block-explorer.com

https://www.blockexperts.com/klc#

Created by

Satoshi Nakamoto

Charles Lee

Kilocoin, Inc (DAC)

Creation date

January 3, 2009

October 7, 2011

Feb 27th, 2014

Coins Mined (as of 8 April 2015)

14,029,116.67

37,984,800

10,013,105,152

Furthermore, in conjunction with BITCF’s expanding ownership of its common shares onto its own blockchain (BIT) and trading on foreign international cryptocurrency exchanges, the company is proud to announce that its digital shares are now trading on an additional, popular cryptocurrency exchange, LIVECOIN www.livecoin.net.

About the company:

First Bitcoin Capital 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, developing new types of digital assets. “Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.” At this time the Company owns and operates the following digital assets.

www.BITCoinCapitalcorp.com company website.

www.CoinQX.com Cryptocurrency Exchange, registered with FINCEN.

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 and $GARY $BURN coins.

Forward-Looking Statements

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.


VANCOUVER, B.C. / ACCESSWIRE / November 23, 2016 /
First Bitcoin Capital Corp is pleased to announce that leading bitcoin protocol development expert in the crypto currency field Patrick Dugan has joined the company’s Board of Directors.

A serial entrepreneur with several years of experience in blockchain, finance, ecommerce and game development, Mr. Dugan has extensive knowledge of complex securitization structures and trading strategies.

Mr. Dugan brings 9 years of trading experience, with over 3 years in cryptocurrency trading, averaging 50% annual returns. He served as a consultant on social game economics, and market making operations for exchanges.

Mr. Dugan has served for the last year and a half as operations manager for the Omni Layer Foundation (previously Mastercoin), and has been involved in the issuance of the world’s first bearer bonds on the Bitcoin blockchain.

“Patrick Dugan is well known in the international crypto-currency space,” the company said. “He brings a wealth of strategic experience in finance and blockchain business development. We look forward to his contributions as a member of our Board as we advance the development of the world’s first on-blockchain REIT offering.”

Mrs. Dugan said he seeks to bring to First Bitcoin Capital his expertise in bitcoin and blockchain protocol and assist new or existing initiatives that plan to build upon and take advantage of the capabilities offered by the Omni Layer protocol. BITCF has thus far utilized the Omni Layer Protocol to launch 6 cryptocurrencies such as symbols, PRES, TESLA, HILL, GARY, BURN, and OTX.

Furthermore, in conjunction with BITCF expanding ownership of its common shares onto its own blockchain (BIT) and trading on foreign international cryptocurrency exchanges, the company invites its shareholders to exercise an option to convert their paper certificates into digital shares. Shareholders need only surrender their certificates with instruction to deliver those shares to the BIT wallet address they provide to the company.

About the company:

First Bitcoin Capital 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, developing new types of digital assets. “Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.” At this time the Company owns and operates the following digital assets.

www.BITCoinCapitalcorp.com company website.

www.CoinQX.com Cryptocurrency Exchange, registered with FINCEN.

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 and $GARY $BURN coins.

Forward-Looking Statements

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.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.


VANCOUVER, BC / ACCESSWIRE / October 27, 2016 /
FIRST BITCOIN CAPITAL CORP. (OTCmarkets: BITCF), a leading bitcoin and cryptocurrency developer, specializing in both blockchain and online merchant payment solutions for medical marijuana dispensaries and other high-risk merchant accounts and services, today announced the signing of a merchant account processing agent agreement with a credit card processor for the states of California and Oregon. Under the agreement, BITCF will provide a full suite of financial services for the medical marijuana industry: merchant processing and POS solutions through its alliance network, a fully compliant, user friendly solution to accept Credit and Debit Cards through traditional Merchant Card Processing networks. We intend to add more states as additional legal opinions are provided by our credit card processor provider’s counsel.

First Bitcoin is also developing a system that will enable dispensaries to accept Bitcoin and other cryptocurrencies as a form of legal payment. Stater of California has already enacted legislation that makes Bitcoin and similar digital currencies legal tender.

BITCF has developed specific programs to meet the unique needs of the medical cannabis industry. Offering merchant services at competitive rates for businesses operating legally under state law of California and Oregon, the company can now provide financial services not typically available from conventional banks.

While legalization of marijuana in many forms – and in many states – garnered over $5 billion dollars in 2016, the sums are expected to grow for 2017. More innovative and unique products are being created, and the stigma that once surrounded cannabis is slowly fading. These changes are helping the medical cannabis industry to prosper now that federal policies allow dispensaries to sell, grow, or possess cannabis while compliant with state laws. BITCF will only provide these services where federal policies allow our business model to proceed for dispensaries that are fully compliant with state and country laws, rules and regulations.

Should your dispensary be interested in these services please contact us by email: info@bitcoincapitalcorp.com

According to our merchant processor:

Our processor introduces the first completely sanctioned credit card solution for the Marijuana Industry. Unlike most merchant accounts that are currently being used by many dispensaries, our processor Acquirers approve, accept and fully acknowledge their engagement with State licensed legal Marihuana Dispensaries.

Our processor is an “IaaS”. Infrastructure as a Service (“IaaS”) and provider of an innovative array of synergistic services that include, advertising, affiliate marketing, consortium of vendors in various markets including the high risk sector and payment processing into a seamless comprehensive solution. Their mission is to utilize IaaS to provide protection and enhanced privacy for online consumers as well as all participating contractual Partners within their Network.

Our processor employs a proprietary method of transacting on behalf of their Partners. Our processor also manages the customer database with its Partners and offers consumer protection services for their registered Users. They also operate through clearance and settlement systems that admit only BSA-regulated financial institutions. Our processor is also fully PCI compliant.

About the company:

First Bitcoin Capital 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, developing new type of digital assets. “Being first publicly-traded cryptocurrency and blockchain-centered company we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.” At this time Company owns and operates the following digital assets.

www.BITCoinCapitalcorp.com company website.

www.CoinQX.com Company operated Cryptocurrency Exchange, registered with FINCEN.

www.iCoiNEWS.com real time cryptocurrency and bitcoin news site

www.BITminer.cc company provides mining pool management services.

www.2016coin.org online daily election coverage and home page for $PRES,

$HILL and $GARY coins

Forward-Looking Statements

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.


VANCOUVER, BC / ACCESSWIRE / August 15, 2016 /
FIRST BITCOIN CAPITAL CORP. (OTC markets: BITCF), announced today that FINRA (Financial Industry Regulatory Authority) has approved its name change to FIRST BITCOIN CAPITAL CORP from Grand Pacaraima Gold Corp. The change will be reflected at the opening of the market today, August 15th, 2016. For shareholders, the name change has no effect on the stock that is held. The name will automatically change in shareholders’ brokerage accounts and the amount of shares will remain unchanged.

All shareholders are asked to update their email addresses in order to receive Company electronic communications and further instructions. Kindly send an email to us via: info@bitcoincapitalcorp.com

The company is excited to announce that it has developed for its own account and third parties certain crypto currencies such as TeslaCoil Coin (trading symbol TESLA), President Clinton coin (trading symbol HILL), President Trump coin (trading symbol PRES) , President Johnson (trading symbol GARY). These last three digital crypto coins -we believe to be history’s first commemorative election coins trading as crypto currencies and public interest in these commemorative coins may increase as the election process comes to a close with the winning candidate’s coin showing the most interest. These currencies have been launched using the OMNI protocol, developed by OMNI FOUNDATION and ride on the rail of the Bitcoin blockchain.

We also believe that we are history’s first publicly traded company to develop a blockchain for our shares to dually trade both in a traditional market (OTC Markets) and on crypto currency exchanges, such as company’s own cryptocurrency exchange COINQX. Our crypto currency symbol is: BIT

About the company:

First Bitcoin Capital 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, developing new type of digital assets. “Being first publicly-traded cryptocurrency and blockchain-centered company we want to provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.” At this time Company owns and operates the following digital assets.

  1. www.BITCoinCapitalcorp.com company website.
  2. www.CoinQX.com Company operated Cryptocurrency Exchange, registered with FINCEN.
  3. www.iCoiNEWS.com real time cryptocurrency and bitcoin news site
  4. www.BITminer.cc company provides mining pool management services.
  5. www.2016coin.org online daily election coverage and home page for $PRES,

    $HILL and $GARY coins

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by 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.

VANCOUVER, BC / ACCESSWIRE / August 1, 2016 / Leveraged Buyout Corporation (“LBOC”) announced today that it intends to commence a tender offer to the shareholders of YaSheng Group (“HERB”) (OTC: HERB) to purchase up to 81,000,000 shares of HERB’s Common Stock at a purchase price of $11.00 per share.

The offer will require that each shareholder deliver at least 51 of each 100 share owned.

LBOC targets to own approximately 51% of the issued and outstanding shares of HERB Common Stock.

The offer price of $11.00 per share represents an extraordinary premium over market value for 6 reasons:

  1. HERB is trading at a deep discount based on its earnings, and;
  2. Payment is in the form of corporate notes that will pay interest in OTCcoin (OTX) a new digital currency that rides on the rails of the Bitcoin blockchain, and;
  3. The notes will mature in 10 years with annual interest payable at the rate of 1 OTX per $1 face value.
  4. OTX is thinly trading on international cryptocurrency exchange C-CEX

( https://c-cex.com/?p=otx-btc )

  1. Notes are to be backed by the shares tendered and held in safe keeping by HERB’s transfer agent.
  2. LBOC is a newly formed entity.

Important Information about the Tender Offer

LBOC has not yet commenced the tender offer referred to in this press release. This press release does not constitute an offer to buy or solicitation of an offer to sell any securities. This press release is for informational purposes only. The offer to purchase the shares of HERB Common Stock from its shareholders and the solicitation of the shares will be made only pursuant to the offer to purchase and the related letter of transmittal, which are expected to be mailed to HERB shareholders shortly after commencement of the tender offer subject to the rules and regulations of the Securities and Exchange Commission.

About LBOC:

LBOC is a subsidiary of a holding company whose principal holdings include digital currency and related assets. LBOC was formed to capitalize on companies whose market cap is deeply discounted in the markets from the tangible values. As its name reveals it seeks to buy out controlling interests on leverage utilizing cashless financing.

About HERB:

YaSheng Group is a U.S. holding company and conducts business operations in China. The Company, through its subsidiaries, operates in agriculture, livestock, and biotechnology. YaSheng specializes in developing, processing, marketing, and distributing a variety of food products grown in North West China.

This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The forward looking
statements in this press release are also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and involve substantial risks and uncertainties. These risks and uncertainties include, but are not limited to,
those relating to the contemplated tender offer described in this press release, including uncertainty about the timing of the tender offer, that, if
the tender offer is commenced, the conditions to closing the tender offer may not be satisfied, uncertainties as to the amount of shares that will be
tendered in the tender offer and LBOC’s ownership interest in YASHENG Group following the tender offer, risks relating to the continued listing of YASHENG
Group’s Common Stock on the OTC Markets Stock Exchange and the continued status of YASHENG Group as an SEC reporting
company, and the risk that the expected benefits to LBOC from the tender offer may not be realized or maintained. LBOC cautions that the foregoing factors are
not exclusive.

CONTACT : info@LBOCorp.com

SOURCE: Leveraged Buyout Corporation

900-850 West Hastings St. | Vancouver, BC V6C 1E1 Canada
Copyright 2013-2017
First Bitcoin Capital Corp