Did switch from iced tea to blockchain only delay inevitable? [MSN Money]
LONG BLOCKCHAIN CORP COMMON (LBCC)
US:NASDAQ Investor Relations:
investors.longislandicedtea.com
Company Research
Source: MSN Money
© Thinkstock When the Long Island Tea Company changed its name to Long Blockchain Corp. (NASDAQ: LBCC) last December, the share price shot up 300%. But gravity is too strong a force to be overcome with nothing other than new lipstick. Quotes in the article Long Blockchain Corp LBCC ? 3.23 -0.40 -11.02% Now the maker of iced tea, lemonade, and blockchain technology is again threatened with delisting from the Nasdaq. According to a Friday filing with the U.S. Securities and Exchange Commission (SEC) the company received on Thursday a delisting notice from the Nasdaq for failing to maintain a minimum market value of $35 million. At nearly the peak of the digital currency euphoria in early January, Long Blockchain said it planned to purchase 1,000 bitcoin mining machines that CEO Philip Thomas said places us on a path to generating blockchain-related revenue through the accumulation of bitcoin. On February 5
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