Nilam Resources fires back, says Xyberdata has 24,800 bitcoin
Nilam Resources has published another press release attempting to clarify public concerns about the company. Their stock price increased (and then decreased) by over 1000% recently after they announced an acquisition which would supposedly result in them gaining 24,800 bitcoins, currently worth around $1.7 billion. Read more: Scoop: Nilam Resources CEO resigns day after 24,800- bitcoin announcement After days of silence from the holdings company, they have released a second statement, saying that Pranjali More would be taking over as CEO, that a recent caveat emptor designation from OTC Markets was not explained to them, and that the company with which Nilam Resources would be merging— Xyberdata — does indeed have the 24,800 bitcoin that are destined to be acquired. Nilam saw the price of its stock balloon from $0.02 to nearly $0.38 on Tuesday, and then subsequently plummet to $0.006 on Thursday after revelations from the former CEO were published by Protos. War of Words Thi