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'.
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SOURCE: XTRA Bitcoin Inc.
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