It has been many weeks since there has been any news about the company BitFrontier Capital Holdings Inc but the stock was flying yesterday as investors piled on to it in droves. The BitFrontier Capital (OTCMKTS:BFCH) stock ended up clocking gains of as much as 139% yesterday despite there being no news.
It goes without saying that many investors might feel that the such a rally is possibly speculative in nature. However, at the same time, it might be a good move to take a look at latest developments in order to make up one’s mind. The last important news to have emerged about the company was back on June 30 this year.
At the time the company announced that it had been successful in completing the submission of all its financial statements which were necessary for regaining the Pink Current status. At the time, BitFrontier Capital noted that the process was going to be in review with the OTC Markets and the results were going to be posted once it was completed.
At the time, it was announced by BitFrontier Capital that it OTC Markets had indicated that it was going to take around six to eight weeks for the review process to be completed.