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BitFrontier Capital Holdings, Inc. (OTC: BFCH) Wins Court Case to Cancel 99% of its Outstanding Common Stock Totaling 12,260,000,000 Shares
BitFrontier Capital Holdings, Inc. (OTC: BFCH) Wins Court Case to Cancel 99% of its Outstanding Common Stock Totaling 12,260,000,000 Shares.
About this update from Bitfrontier Capital Holdings, Inc.
[{"type":"text","content":"\nFredericksburg, VA, May 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BitFrontier Capital Holdings, Inc. (OTC: BFCH) announced today that it won its court case to cancel approximately 99% of its issued and outstanding shares of Common Stock. \n On May 30, 2019 in the district court of Laramie, Wyoming, the following shares were deemed to have been improperly and illegally issued and the court has ordered them to be cancelled:  Claremont Group Corp. - 2,000,000,000 (2 Billion) shares of Common Stock; Claremont Group Corp. - 10,000,000 (10 Million) shares of Series B Preferred Stock; Fordee CA Trust - 120,000,000 (120 Million) shares of Common Stock; Fordee CA Trust - 2,000,000 (2 Million) shares of Series B Preferred Stock; Market Awareness Corp. - 140,000,000 (140 Million) shares of Common Stock; Market Awareness Corp. - 2,000,000 (2 Million) shares of Series B Preferred Stock; Daryl English - 5,000,000,000 (5 Billion) shares of Common Stock; Daryl English - 1 share of Series A Preferred Stock; JA Maurice Swanson - 5,000,000,000 (5 Billion) shares of Common Stock;  JA Maurice Swanson - 1 share of Series A Preferred Stock; and Any shares that have been converted from any of the above listed shares into any other type of shares in BitFrontier Capital Holdings, Inc. The shares above total 12,260,000,000 (12.26 Billion) shares of Common Stock, 2 shares of Series A Preferred Stock, and 14,000,000 (14 Million) shares of Preferred B Stock, making up almost 99% of BitFrontier's issued and outstanding shares of Common Stock, and 100% of the issued and outstanding Series A Preferred Stock and Series B Preferred Stock classes. The Company sent the signed court order to Pacific Stock Transfer to formally cancel these shares. The Company profile on OTC Markets will be updated with the new share structure in the coming days. Once the transfer agent has processed the cancellation of these shares, the Company will be able to further enhance its share structure with a substantial authorized share reduction.  Shareholders interested in viewing the signed court order authorizing the cancellation of these shares can do so on the Company’s OTC Markets page. BitFrontier CEO, Spencer Payne, commented, “On behalf of the entire dedicated team here at BitFrontier, I wi...