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 Destructive ASIC places stop order on Bitcoin Group

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RR Phantom

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Destructive ASIC places stop order on Bitcoin Group Vide
PostSubject: Destructive ASIC places stop order on Bitcoin Group   Destructive ASIC places stop order on Bitcoin Group Icon_minitimeFri Feb 13, 2015 7:44 pm
An Australian bitcoin miner planning an Initial Public Offering on the Australian Securities Exchange has been wrist-slapped by the corporate regulator for publicising its float without a prospectus.

Destructive ASIC places stop order on Bitcoin Group 1423806435555

The miner, Bitcoin Group, is one of many around the world that create - "mine" - new bitcoin, the world's most widely used and accepted digital currency.  

Bitcoin Group announced in October it aimed to raise $20 million from the sale of 100 million shares at 20 cents a share.

However, on Friday the Australian Securities and Investments Commission placed a stop order prohibiting Bitcoin Group from publishing any statements concerning the IPO until it lodged a prospectus.

http://www.smh.com.au/it-pro/asic-places-stop-order-on-bitcoin-group-20150213-13ebxi.html
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