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Bitech Technologies Corporation is a global technology solution provider dedicated to providing a suite of green energy solutions. Aiming to resolve the exorbitant high cost of electricity in several industry sectors, Bitech offers Evirontek Integrated Platform including Battery Energy Storage System (BESS) solutions to monetize and balance the power grid while exploring a selected number of renewable technologies providing high efficiency in power generation, and developing its Bitech Intellisys-8 system solution in-house for speed and power efficiency in cryptocurrency mining application. Bitech seeks business partnerships with renewable energy providers while participating in Clean Energy Economy in industries including but not limited to cryptocurrency mining of bitcoin and Ethereum, EV related infrastructure, data centers, solar power plants, and other renewable initiatives. We also engage with value-added resellers (VARs) and global investors for revenue-sharing and commercializing disruptive renewable technologies for global implementation.
The Bitech Intellisys-8 development achievements include the ASIC chip code and FPGA components that will be used to complete the next phase of ASIC production after the completion of testing and tape-out.
Cryptocurrency analysts differ markedly on future price predictions of Bitcoin. Despite the recent price volatility and decline, many experts still predict Bitcoin attaining prices beyond US$ 100,000 within the next five years.
The Company’s management team attended the 2022 Mining Disrupt Conference last week in Miami, Florida to explore new opportunities and reshape its business strategy.
The Letter of Intent outlines our plans to establish a business partnership in order to bring Tesdison technology to market for residential and commercial uses...
The Tesdison unit was developed to maximize electric output, providing continuous renewable energy from the electricity that has been stored in batteries of the unit.
“We look forward to communicating our corporate growth strategies with specific growth plans at this exciting LD Micro event this year,”...
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Bitech Mining Announces Mr. Eli Ansari, Principal of Basestones...
8-K (current reports)
10-K (annual reports) and 10-Q (quarterly reports)
Proxy (annual meeting) and information statements
Bitech Technologies Corporation (“Bitech”) is a development stage technology company dedicated to providing a suite of green energy solutions with a focus in cryptocurrency mining and data centers. Aiming to resolve the exorbitant high cost of electricity in crypto mining, Bitech offers Evirontek Integrated Platform including its core technology Tesdison, a disruptive U.S. patented self-charging dual-battery system technology providing high efficiency in power generation. Bitech seeks business partnerships with global crypto miners in bitcoin, Ethereum and other popular cryptos and engage with value-added resellers to facilitate and implement our scalable and modular system solution. Our core business model includes crypto revenue-sharing and technology licensing model to achieve carbon credits via Tesdison technology implementation at any scale. For more information, please visit www.bitech.tech
Bitech operates on a fiscal year that runs from January 1 to December 31. Quarter-ends are March 31 (Q1), June 30 (Q2), September 30 (Q3) and December 31 (Q4).
The company was founded on January 8, 2021
Bitech is headquartered at 600 Anton Blvd, Suite 1100, Costa mesa, CA 92626
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This Code is intended to deter wrongdoing and to promote the following:
A “conflict of interest” exists when an individual’s private interest interferes in any way – or even appears to conflict – with the interests of the Company. A conflict of interest situation may arise when a director, officer, or employee takes actions or has interests that may make it difficult to perform his or her work on behalf of the Company in an objective and effective manner. Conflicts of interest may also arise when a director, officer, or employee, or a member of his or her family, receives improper personal benefits as a result of his or her position with the Company. Loans to, or guarantees of obligations of, employees and their family members may create conflicts of interest.
Service to the Company should never be subordinated to personal gain and advantage. Conflicts of interest, whenever possible, should be avoided. In particular, clear conflict of interest situations involving directors, officers, and employees who occupy supervisory positions or who have discretionary authority in dealing with any third party may include the following:
It is almost always a conflict of interest for a Company officer or employee to work simultaneously for a competitor, customer, or supplier. No officer or employee may work for a competitor as a consultant or board member. The best policy is to avoid any direct or indirect business connection with the Company’s customers, suppliers, and competitors, except on the Company’s behalf.
Conflicts of interest are prohibited as a matter of Company policy, except under guidelines approved by the Board of Directors. Conflicts of interest may not always be obvious and further review and discussions may be appropriate. Any director or officer who becomes aware of a conflict or potential conflict should bring it to the attention of the Chief Executive Officer, the Chief Financial Officer, or legal counsel as appropriate in the circumstances. Any employee who becomes aware of a conflict or potential conflict should bring it to the attention of a supervisor, manager, or other appropriate personnel.
Directors, officers, and employees are prohibited from taking for themselves personally or directing to a third party any opportunity that is discovered through the use of corporate property, information, or position without the consent of the Board of Directors. No director, officer, or employee may use corporate property, information, or position for improper personal gain, and no director, officer, or employee may compete with the Company directly or indirectly. Directors, officers, and employees owe a duty to the Company to advance its legitimate interests when the opportunity to do so arises.
The diversity of the Company’s employees is a tremendous asset. The Company is firmly committed to providing equal opportunity in all aspects of employment and will not tolerate any illegal discrimination or harassment or any kind. Examples include derogatory comments based on racial or ethnic characteristics and unwelcome sexual advances.
Obeying the law, both in letter and in spirit, is the foundation on which the Company’s ethical standards are built. All directors, officers, and employees should respect and obey all laws, rules, and regulations applicable to the business and operations of the Company. Although directors, officers, and employees are not expected to know all of the details of these laws, rules, and regulations, it is important to know enough to determine when to seek advice from supervisors, managers, officers or other appropriate Company personnel.
Directors, officers, and employees who have access to confidential information relating to the Company are not permitted to use or share that information for stock trading purposes or for any other purpose except the conduct of the Company’s business. All non-public information about the Company should be considered confidential information. To use non-public information for personal financial benefit or to “tip” others who might make an investment decision on the basis of this information is not only unethical and against Company policy but is also illegal. Directors, officers, and employees also should comply with insider trading standards and procedures adopted by the Company. If a question arises, the director, officer, or employee should consult with the Company’s Chief Financial Officer or legal counsel.
The Company strives to provide each employee with a safe and healthful work environment. Each officer and employee has responsibility for maintaining a safe and healthy workplace for all employees by following safety and health rules and practices and reporting accidents, injuries, and unsafe equipment, practices, or conditions.
Violence and threatening behavior are not permitted. Officers and employees should report to work in a condition to perform their duties, free from the influence of illegal drugs or alcohol. The use of illegal drugs in the workplace will not be tolerated.
The Company requires honest and accurate recording and reporting of information in order to make responsible business decisions.
Many officers and employees regularly use business expense accounts, which must be documented and recorded accurately. If an officer or employee is not sure whether a certain expense is legitimate, the employee should ask his or her supervisor or the Company’s controller. Rules and guidelines are available from the Accounting Department.
All of the Company’s books, records, accounts, and financial statements must be maintained in reasonable detail, must appropriately reflect the Company’s transactions, and must conform both to applicable legal requirements and to the Company’s system of internal controls. Unrecorded or “off the books” funds or assets should not be maintained unless permitted by applicable law or regulation.
Business records and communications often become public, and the Company and its officers and employees in their capacity with the Company should avoid exaggeration, derogatory remarks, guesswork, or inappropriate characterizations of people and companies that can be misunderstood. This applies equally to e-mail, internal memos, and formal reports. The Company’s records should always be retained or destroyed according to the Company’s record retention policies. In accordance with those policies, in the event of litigation or governmental investigation, directors, officers, and employees should consult with the Company’s Chief Financial Officer or legal counsel before taking any action because it is critical that any impropriety or possible appearance of impropriety be avoided.
Mistakes should never be covered up; but should be immediately fully disclosed and corrected. Falsification of any company, customer or third party record is prohibited.