LBCC - Shares For Bitcoin? This Nasdaq-Listed Company Did It
At Crypto Blockchain Research, we enjoy keeping our readers informed on everything crypto, but take special pleasure in unearthing the truly bizarre. We believe a recent SEC filing by a ZK International (ZKIN) fits firmly in that category.
If you've never heard of the company, you're not alone. Its a microcap, China-based company with a market cap of less than $150M. It is also a recent IPO since it only began trading on NASDAQ on September 1st, 2017, after raising $5.3M in gross proceeds at $5.00 per share.
According to its prospectus,