Bitcoin Well Inc V.BTCW

New Press Release - Retraction: Singular Research Initiates Coverage On Bitcoin Well

(TheNewswire) Edmonton, Alberta – June 14, 2024 – TheNewswire – Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence, at the request of CIRO wishes to retract the news release issued on June 14...read article.

[Pandora]

Retraction of the news re coverage by Singular? "The company did not pay for the report."  What kind of a statement is that?

[woundedknee]

I'm with you Pandora. There is nothing in the original report that says the company paid for it. How about some clarification Adam. This makes no sense at all. Are they retracting the whole report or what?

[woundedknee]

Having said that I see there are two analysts covering this stock and it is listed as a strong buy. Still maintain patience for this one. Still holding long gl

[woundedknee]

It has come to my inderstanding that the ASC did not like the press release so it was retracted. Funny thing, other companies can issue statements referring to the start of analysts coverage with out a problem. Probably "the company did not pay for the report" means something a whole lot deeper, if you get my drift.