![]() The old XTRA Bitcoin shareholders have 14,236,055 shares at $0.01 valuation at time of merger in the form of 2,503,914 freely trading shares held by minority shareholders, 6,901,253 restricted shares controlled by Paul Knudson, and 4,830,888 restricted shares controlled by Mary A Veatch. Therefore, the old XTRA Bitcoin Inc shareholders and the new XTRA Bitcoin Inc (TCEL) Board of Directors have agreed and determined that it is in the best interests of XTRA Bitcoin Inc (TCEL) to cancel the Reverse Split described in Section 2.1 and instead, consummate the merger by issuing 40 shares of TCEL common stock for each share of the old XTRA Bitcoin Inc. Therefore, the proper formula for Conversion of Shares will be to conform the shares of the old XTRA Bitcoin Inc to the valuation of common shares of Therapy Cells Inc, as the surviving corporate structure without conducting a Reverse Split of TCEL common shares. Upon further review, management has concluded that this is a mistake as Therapy Cells Inc is the surviving corporate structure. The terms of Exhibit “A” of the Agreement and Plan of Merger under 2.1 provided a formula for Conversion of Shares “to facilitate a merger of equals” that described a Reverse Split of Therapy Cells’ issued and outstanding common shares to match the $0.01 valuation of the old XTRA Bitcoin share structure. Under the Articles of Merger filed Jwith WY Secretary of State, Therapy Cells, Inc is the surviving corporation and was re-named XTRA Bitcoin Inc. Therapy Cells Inc (OTC PINK: TCEL) has successfully merged with XTRA Bitcoin Inc and changed its name to XTRA Bitcoin Inc (OTC PINK: TCEL). REGISTERED in WYOMING as XTRA Bitcoin Inc. Therapy Cells Inc is the surviving entity and has changed its name to XTRA Bitcoin Inc (OTC PINK: TCEL) has successfully merged with XTRA Bitcoin Inc. If you would like more information about this topic, please call Paul Knudson at 1-20, or email Twitter: Ticker Symbol: $CBTC.Name Change, Merger Complete, Cancel Reverse Split, Officer Change, TwitterĬHEYENNE, WY / ACCESSWIRE / J/ Great news shareholders of $TCEL and $XTRA. 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'. 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 are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. 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. Our discussion may include predictions, estimates or other information that might be considered forward-looking. ![]() XTRA Bitcoin Inc, (CBTC) would like to express their appreciation for the patience and support of their shareholders as we complete this transition and lay the foundation for the growth of our company. When all filings are current, OTC Markets will remove the STOP sign. With our name and ticker change completed, OTC Markets will now allow XTRA to file disclosures. Formerly known as Therapy Cells Inc (TCEL), now know as XTRA Bitcoin Inc (CBTC) to reflect our business in the Crypto space of BTC (bitcoin) mining on the Bitcoin blockchain. XTRA Bitcoin Inc has been assigned a new ticker symbol - CBTC. XTRA Bitcoin Inc (OTC PINK:CBTC) fka Therapy Cells Inc (TCEL) is proud to announce the FINRA publication of its corporate action regarding merger, name change and symbol change request on 10-28-2019 with an effective date of 10-29-2019. FRUITLAND, ID / ACCESSWIRE / Octo/ Great news $XTRA shareholders: $TCEL is now $CBTC. ![]()
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