Tag Archives: Blockchain MicroCaps

SEC Subpoenas MicroCap Public Company Following Claimed Blockchain Pivot

Long Blockchain Corp. (OTC: LBCC) has had a roller coaster few years. The company, formerly know as Long Island Iced Tea, uplisted from the OTC to the Nasdaq in 2016. Since uplisting, the company pivoted away from iced tea and into blockchain, was de-listed from the Nasdaq, and is currently listed on the OTC Pink “No Information.” Because LBCC is currently delinquent

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SEC Charges Attorney With Illegal Sales of Blockchain Company’s MicroCap Stock

On Monday, the Securities and Exchange Commission charged two men alleged to have profited from illegal sales of stock of a company claiming to have a blockchain-related business. According to the SEC’s complaint, attorney T.J. Jesky and his law firm’s business affairs manager, Mark F. DeStefano, made approximately $1.4 million by selling shares in UBI Blockchain Internet Ltd. over a

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Five Takeaways For Blockchain Companies Looking to Reg A+ For Security Token Offerings (STOs)

In a recent LinkedIn post, Darren Marble of CrowdfundX shared five realities for US blockchain companies looking to Reg A+ for their Security Token Offerings (STOs). According to Marble “US blockchain companies are now looking to Reg A+ to run their Security Token Offerings (STOs). However, it seems that there are many misconceptions.” 1. You need an auditor. Reg A+ requires

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Last Eight Months Have Been a Roller-Coaster For MicroCap Crypto Companies

Starting in late 2017, many microcap companies pivoted to blockchain or crypto business models. In a similar fashion to the microcap companies that pivoted to cannabis a few years ago, companies who entered the crypto business saw their stock prices pop. We’ve compiled some of our most popular articles on MicroCap Crypto Companies below.   August 2017 – SEC Suspends

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Nasdaq To Delist Long Blockchain With Trading To Move To OTC Markets

On Tuesday, Long Blockchain Corp. (NasdaqCM: LBCC) announced that the Company received a delisting determination letter from the Hearings Panel of The Nasdaq Stock Market relating to the Company’s common stock. In December, Long Island Iced Tea Corp. rebranded as “Long Blockchain Corp.” and saw its stock price rise to highs of about $10. LBCC currently sits at around $1 with

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OTC Markets Executive Shares Thoughts On MicroCap Pivots to Blockchain

Last week, Business Insider spoke with Jason Paltrowitz, executive vice president at OTC Markets, about the ongoing cryptocurrency and blockchain craze. Many microcap issuers have added blockchain elements to their business descriptions in recent months. As a result, the stock prices of many of these issuers have spiked. “Some of its kind of funny, companies that one day were making

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