First Bitcoin Capital Issues Letter to New York Law Firms; Demands That Improper Communications to the Public and its Shareholders Cease

Sep 06, 2017
OTC Disclosure & News Service

Vancouver, BC, Canada –

September 6, 2017, Vancouver BC, First Bitcoin Capital Corp (OTC:BITCF) (the “Company”) wishes to report to its shareholders that today it sent a letter to three New York law firms in response to their recent dissemination to the public, using public media, of certain advertising and solicitation material concerning the SECs recent temporary suspension of its common shares.

Dear Shareholders:

Today the Company sent a letter to three New York law firms that recently published lawyer advertising or solicitation material announcing that, based on the SECs August 24, 2017 10-day suspension of trading in the Companys stock, investigations were being conducted into whether the Company had violated the antifraud provisions of the Securities Exchange Act of 1934 and encouraging shareholders to contact them.

Our letter to the New York firms informs them that, in the view of the Company, their advertising and solicitation material is deceptive and misleading, may violate the rights and interests of the Company and its shareholders, and does not appear to comply with the lawyer advertising and client solicitation rules that have been adopted by New York and other states to protect the public. In our letter to these firms, the Company has demanded that they withdraw their recent communications in the public media concerning the Company and cease and desist from attempting to communicate with shareholders of the Company.

A copy of our letter is attached to this release for your review.

We will continue to examine closely and respond appropriately to any advertising or client solicitation material published by lawyers and law firms in the public media that is improper, deceptive or misleading or that may harm the interests of the Company and its shareholders.

Sincerely,

Management

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, 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 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 and operates more than the following digital assets under development:

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

https://www.omniwallet.org/assets/details/309 Latest Active ICO for Loyalty (FLY)

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 assets owned and/or managed by COINQX: http://omnichest.info/lookupadd.aspx?address=1M18oycUdsXv4pKyLLiASREcRGzPu22MxK

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.

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

This release includes additional documents. Select the link(s) below to view.

Letter to New York Class Action Law Firms attach to PR (09-06-2017).pdf

Registered Address
Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia
Canada V6E 4N7