Long Blockchain Gets Hit With SEC Subpoena After Nasdaq Ouster

Las year an ice tea company changed its name and corporate focus to “blockchain.” Now that company is on the verge of being kicked off Nasdaq and was recently subpoenaed (I needed spellchecker for that word) by the Securities Exchange Commission. Go figure. I’m not going to spend time discussing why the stock went from $1.70 before the change to $6.91 immediately following the “change,” to $0.34 today – because it makes no sense to me.

Long Blockchain Gets Hit With SEC Subpoena After Nasdaq Ouster
https://www.bloomberg.com/news/articles/2018-08-01/long-blockchain-gets-hit-with-sec-subpoena-after-nasdaq-ouster

Advertisements

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s