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Bullboard - Stock Discussion Forum Bitcoin Well Inc BCNWF


Primary Symbol: V.BTCW

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial bitcoin business. It makes bitcoin useful to everyday people to give them the convenience of modern banking. The company operates two business units, consisting of Bitcoin ATMs and the Non-custodial bitcoin platform (Online Bitcoin Portal). The Bitcoin ATM business unit operates a fleet of approximately 190 Bitcoin ATMs... see more

TSXV:BTCW - Post Discussion

Bitcoin Well Inc > Waiting for Court Documents
View:
Post by Patrick2Linton on Feb 23, 2024 11:04am

Waiting for Court Documents

Would like to know why the partner decided to drop these ATMs so suddenly. Around 100 machines went poof. 

(page 6 of MD&A Filed November 14-2023) Subsequent to September 30, 2023, Rapid Cash ATM Ltd. (“Rapid Cash”) suddenly uninstalled and removed the Company’s software from Rapid Cash’s ATMs that were operating in the partner program. As a result, the Company terminated its agreement with Rapid Cash who previously operated approximately 100 ATM machines under the Company’s partner program. The Company intends to vigorously pursue its rights under the contract and has commenced an action against Rapid Cash before the Alberta Court of King’s Bench.
Comment by woundedknee on Feb 23, 2024 1:54pm
Maybe instead of spreading FUD, you could email Adam and find out. In fact, I am quite sure he would be interested in knowing what and why you are saying certain things. Let us know how you make out. All of us who bought below five  and all others who own shares would appreciate any updates you might receive. Be sure to remind Adam that you don't own any shares....Yet!! 
Comment by Patrick2Linton on Feb 23, 2024 2:48pm
It says why BTCW proceeded with an action. Need to know why Rapid Cash decided to do drop 100 Bitcoin ATM's out of the partnership. Gracias. Grinnn.
Comment by woundedknee on Feb 23, 2024 3:04pm
Who cares. Obviously Adam is not too worried about it and the upward movement in share price indicates it's not anything negative.. You're repeating yourself Patty...dementia is on its way. Too bad.
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