Always Nice to see.
Actual link: http://www.marketwired.com/press-release/btcs-executives-donate-personal-shares-to-benefit-the-chamber-of-digital-commerce-otcqb-btcs-2085213.htm
Quote
ARLINGTON, VA--(Marketwired - Jan 4, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, announced its CEO and COO have donated shares of BTCS common stock from their personal holdings, currently valued at 50,000, to the educational affiliate of the Chamber of Digital Commerce (http://www.digitalchamber.org/).
Charles Allen, chief executive officer of BTCS, stated, "The support the Chamber provides to our industry is invaluable, and we're pleased to be in a position to give back to support their mission. As our success continues, we hope to help the work of other qualified non-profit organizations that back the burgeoning blockchain technology and digital currency industries." Allen further stated "We are thrilled with the Chamber's efforts in North Carolina and the recent guidance provided by the North Carolina Commissioner of Banks which clearly exempts our transaction verification service business from requiring a money transmitter license."
The Chamber of Digital Commerce is a Washington, DC-based trade association representing the digital asset industry. Its mission is to promote the acceptance and use of digital assets and related technologies. Through education, advocacy, and working closely with policymakers, regulatory agencies and industry, the Chamber of Digital Commerce's goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment.
Perianne Boring, founder and president of the Chamber stated, "Regulatory risk continues to be one of the greatest hurdles to widespread adoption of blockchain-based technologies. With the support of BTCS and our members, the Chamber helps facilitate the enactment of responsible, prudent legislation and regulation, which helps support the vitality of the industry. The Chamber is grateful for the generous gift from Mr. Allen and Mr. Handerhan, and for their partnership in helping to advance the public-private sector dialogue."
"With the recent successful closing of our financing, BTCS is now well-positioned for continued growth," stated Michal Handerhan, chief operating officer of BTCS. "Charles and I believe this share donation is a way for the Chamber to share in our success as we move forward."
Charles Allen, chief executive officer of BTCS, stated, "The support the Chamber provides to our industry is invaluable, and we're pleased to be in a position to give back to support their mission. As our success continues, we hope to help the work of other qualified non-profit organizations that back the burgeoning blockchain technology and digital currency industries." Allen further stated "We are thrilled with the Chamber's efforts in North Carolina and the recent guidance provided by the North Carolina Commissioner of Banks which clearly exempts our transaction verification service business from requiring a money transmitter license."
The Chamber of Digital Commerce is a Washington, DC-based trade association representing the digital asset industry. Its mission is to promote the acceptance and use of digital assets and related technologies. Through education, advocacy, and working closely with policymakers, regulatory agencies and industry, the Chamber of Digital Commerce's goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment.
Perianne Boring, founder and president of the Chamber stated, "Regulatory risk continues to be one of the greatest hurdles to widespread adoption of blockchain-based technologies. With the support of BTCS and our members, the Chamber helps facilitate the enactment of responsible, prudent legislation and regulation, which helps support the vitality of the industry. The Chamber is grateful for the generous gift from Mr. Allen and Mr. Handerhan, and for their partnership in helping to advance the public-private sector dialogue."
"With the recent successful closing of our financing, BTCS is now well-positioned for continued growth," stated Michal Handerhan, chief operating officer of BTCS. "Charles and I believe this share donation is a way for the Chamber to share in our success as we move forward."
Losing investor money hand over fist, unable to pay their debts but still giving away money - makes sense. There's no accomneying SEC filling so its hard to know what portion was actually their personal holdings and what portion came from the "lets give ourselves ridiculous stock options and hope no one notices".
