BIT is not conning it's shareholders. They have told you almost everything you need to know to value the company. The only piece missing is coming next week, but we already have a pretty good idea what this will contain.
If I sell you a clapped out Datsun 120B and tell you about all the mechanical problems and show you the rusted out floor and you offer me $50,000 for it I am not conning you even if you later regret your purchase.
Catalysts for $1B MC?, page-23
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