Long Island Iced Tea Company renamed itself, "Long Blockchain" and its stock exploded:The Long Island Iced Tea Corporation is exactly what it sounds like: a company that sells people bottled iced tea and lemonade. But today the company announced a significant change of strategy that would start with changing its name to "Long Blockchain Corporation."Remember when everyone added dotcom to their company names JUST BEFORE IT ALL IMPLODED in the late 1990s?
The company was "shifting its primary corporate focus towards the exploration of and investment in opportunities that leverage the benefits of blockchain technology," the company said in a Thursday morning press release. "Emerging blockchain technologies are creating a fundamental paradigm shift across the global marketplace," the company said.
The stock market loved the announcement. Trading opened Thursday morning more than 200 percent higher than Wednesday night's closing price.
Yeah, that.
*The largest shark, and likely largest predator fish ever. It died out some 1.5 million years ago. The Genus is still in dispute, between either Carcharodon (Great White) or Carcharocles (broad toothed Mako). So in jumping C. Megalodon, you have jumped the biggest shark ever.
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