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Wednesday, January 19, 2022

BioTech Medics (BMCS) Stock Jumped 16% On Wednesday, Why?

BioTech Medics Inc (OTC-BMCS) stock surged significantly as it recorded rise of 15.84% to $0.0724 at previous close. The performance of BMCS stock over the last week was 68.37% versus its monthly performance of 61.97%. BMCS stock surged for moving ahead towards its digital plans.

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What plans do BMCS have?

BioTech Medics is a public Wyoming organization exchanged on the OTC Markets under the stock image BMCS situated in Los Angeles California. BMCS has generally been a biotech firm in any case, presently a “Advanced Asset Firm” that spotlights on Sumcoin which us the world’s originally ordered money just as one of the main monetary standards on the planet. The executives at BMCS is as of now changing the name of firm to BMCS SUMCOIN INDEX FUND, INC and that name will become viable when Management is consistent with the administrative prerequisites.

BMCS SUMCOIN INDEX FUND, INC carrying on with work as BioTech Medics keeps on executing its marketable strategy by expanding its monetary record with computerized resources. To date BMCS’ surplus remembers more than $75 million for resources. BMCS has a Delaware Statutory Trust that holds Sumcoin (SUM) for the benefit of its investors.

The speculation objective of the Trust organization is for the offers to mirror the worth of the Sumcoins held by the Trust, controlled by the Sumcoin Index esteem, less the Trust’s costs and different liabilities, isolated by the I/O stock (the NAV complete, starting today, is $.38 and its asset report presently aggregates $75.9 million dollars of Sumcoin). BMCS’ current offer worth doesn’t mirror this capital design (the anticipated P/E proportion) and BMCS guesses that before long its actual worth will be figured it out.

Sumcoin is the “World’s First Indexed Coin” it is a cryptographic blockchain that utilizes a scrypt evidence of-work calculation to decide its worth (that changes like clockwork). Individuals looking to put resources into computerized resources (crypto) can put resources into BMCS stock and get the advantages of the liking worth of the Company’s stock that is intended to appreciate quicker than the advanced money.

BMCS has an entrancing plan of action that is designed later other effective organizations in this Digital Asset Marketplace. BMCS objective is to make Sumcoin as fluid as different monetary forms in this computerized biological system. BMCS has documented a contribution with the SEC and has begun raising capital with this exception. Capital raised promotions to its monetary record, likewise expands its portion esteem.

What BMCS has been arranging further?

BioTech Medics (BMCS) as of late stayed in a delicate send off of its marketable strategy and before long it will have a more hearty undertaking send off to a more extensive designated crowd of computerized resource financial backers. BMCS likewise welcomed the partners to visit its recently made site at www.bmcssumcoin.com to more readily comprehend its main goal and plan of action.

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