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My comment from: https://news.ycombinator.com/item?id=15978994 https://news.ycombinator.com/item?id=15978994 ---- Looks like it [is a joke!]. I mean, the new
by mystcb 9y ago
My comment from: https://news.ycombinator.com/item?id=15978994 https://news.ycombinator.com/item?id=15978994
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Looks like it [is a joke!]. I mean, the new website is only a day old, hosted with "Hostgator", uses a free theme (http://websites.simplesphere.net/piupiu/ http://websites.simplesphere.net/piupiu/) and NGINX has directory listing switched on!
That and all the news reports are syndicated from the same place, so its just propagating all over the place.
That - or I am mistaken, in which case - "All Hail our new Blockchain overlords" :)
- ceejayoz 9y agoHard to fake a NASDAQ listing: https://finance.google.com/finance?q=NASDAQ%3ALTEA https://finance.google.com/finance?q=NASDAQ%3ALTEA Whether or not the press release is a fake, the spike is real.
- tokenizerrr 9y agoMaybe I'm blind. Where does that page show their new name (other than the news ticker on the side)?
- rkcr 9y agoThey didn't change their name (it's just a publicity stunt), yet they still got a 200% spike in stock value. It's just absurd.
- falsedan 9y agoWhy would their stock ticket show anything not related to the financials of the stock?
- tokenizerrr 9y agoThis person is claiming that the NASDAQ listing proves that they've changed their name. Yet the link itself clearly says "Long Island Iced Tea Corp", not "Long Blockchain". So, it would show it, because it shows the company name. And the company name is not "Long Blockchain", so the link proves nothing and the gp is full of shit.
- deleted 9y ago[deleted]
- roywiggins 9y agoThe price spiked after the press release announcing the name change. The press release caused a real spike. It seems far more likely that the name change hasn't been made formal, or if it has, it hasn't trickled into Yahoo's database yet. The press release says: > The Company intends to request Nasdaq to change its trading symbol in connection with the name change. It's an intention. It hasn't formally happened yet.
- ceejayoz 9y ago> This person is claiming that the NASDAQ listing proves that they've changed their name. No, I'm not. I am claiming the spike did happen, which means even if the press release is a fake, people were happy to spike a company's value massively just on a name change that mentioned the blockchain.
- mystcb 9y agoYeah, I agree - that spike is amazing and worrying at the same time. I wonder what the outcome will be from this.
- hordeallergy 9y agoIt's got what plants crave.
- kuschku 9y ago> In conjunction with the shift in business strategy, the Company has submitted a request to the Securities and Exchange Commission to withdraw its previously filed S-1 registration statement relating to a proposed underwritten public offering, which was filed on November 11, 2017. http://www.nasdaq.com/press-release/long-island-iced-tea-corp-to-rebrand-as-long-blockchain-corp-20171221-00468 http://www.nasdaq.com/press-release/long-island-iced-tea-cor...
- mystcb 9y agohttps://www.sec.gov/Archives/edgar/data/1629261/000149315217014908/formrw.htm https://www.sec.gov/Archives/edgar/data/1629261/000149315217... Is this the withdrawal it talks about? --- Pursuant to Rule 477 under the Securities Act of 1933, as amended, Long Island Iced Tea Corp. (the “Company”) hereby makes application to withdraw its Registration Statement on Form S-1, File Number 333-221737 (the “Form S-1 Registration Statement”), relating to the offering of the Company’s securities. The Form S-1 Registration Statement was filed in connection with a proposed public offering of the Company’s common stock and warrants. The Company has determined that at this time it will not proceed with the registration and sale of the securities as contemplated in the Form S-1 Registration Statement. The Company has not offered or sold any securities under the Form S-1 Registration Statement. Accordingly, we request that the Securities and Exchange Commission issue an order granting the withdrawal of the Form S-1 Registration Statement as soon as possible. ---
- chomp 9y agoWhere do you see that directory listing is enabled?
- roywiggins 9y agoIt's an pretty lucrative "joke" if you happened to own LTEA yesterday. Putting out fake press releases to move a stock price is less a "joke" and more "fraud"