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Does CGAC have anything to do with RUNES?
I fully understand your point. Been through a 1:1000 and 1:1250 R/S and it failed for both shareholders and company. Whenever I buy into these sub-penny stocks I always cringe at the idea that a R/S could happen. I guess anymore I expect them to happen. I'm not trying to convince anyone that a R/S here is great news. I almost sold on the first trading day after the announcement but gave it a lot of thought and decided not to. Everyone has to make their own decision for whatever their reason.
I see it this way, a R/S may or may not hurt shareholders, a share buyback may or may not slow the growth of a company. Maybe Logan took shareholders into consideration when he set the R/S at a reasonable 1:160. Could have easily been 1:250 or higher. He could have heavily diluted then do a 1:1000 or higher R/S, but he didn't. Who knows, maybe the R/S gets cancelled or maybe Logan finds a way to split the difference with a better R/S and share buyback combination. I don't like to lose money but the little voice in my head is telling me to stay put and see this through. My choice, my loss or gain. Maybe we get some clarity from the Q & A this coming week.
Great questions! I pray for honest answers.
will you post the question list before you submit it? tia
The only time a RS works in otc land is when the Ceo states No RS after stating there will be one.
I understand what you are saying here but the difference is an RS is at the expense of the current shareholder especially us longs where a share buy back and retirement hurts no one and builds up the value of what we hold without the negative impact that an RS typically has in the OTC.
Looking forward to the shareholders Q & A on Monday/Tuesday. Big thanks to both, Eli-316 for arranging this and Logan for agreeing to take part.
Just checking in. Big time thanks Eli for reaching out to Logan. Truly appreciated 👍✌️
To eli...will the Q&A on Monday be "live" on the board or one on one with you..thanks for setting it in motion..
Look at all the notes coming due in 2027..no money for a BB..interesting to know where all the funds from these notes are going..???
All shareholders have a great weekend. Looking forward to Monday!!!
Yes thanks Eli. Can’t wait to see the list!
Seen some great questions here... will be interesting to see Logan's reply. I think we have a lot of knowledgeable people on this board and I also believe Logan is intelligent in this field. His answers will hopefully set a lot of minds to ease and we can start to move this forward very soon, Thank you Eli for getting this off the ground and opening a line of communication with our field general!
Good one also
Why not a share buy back and retirement instead of an RS?
I understand the desire for a share buyback over a R/S. However, even to buyback 1 billion shares at .0002 comes to $200,000 and only accomplish lowering the O/S to 3.288 billion. Would that be enough to raise pps to assure uplisting to attract serious investors that can move A.R.T. Digital forward and away from bottom feeding lenders and possible future dilution. How many miners would that $200,000 buy that would be generating revenue.
If we're talking about changing share structure to a level that makes a difference, do we buyback 2 billion shares at .0002/$400,000, 3 billion shares at .0002/$600,000. That equates to a lot of miners not being purchased. Do the funds even exist for a buyback.
With a R/S, the share structure and pps is improved for uplisting and the funds that would have been used for a share buyback can be put toward purchasing more miners. Without more miners this goes nowhere. Guess I'm on board with whatever Logan decides to do.
Yeah I have never seen one that worked out for investors. Usually the company keeps reminding traders its happening with every filing.
They already said there’s a r/s 161-1 I believe this was the number 161 to 1 it’s bs
I would not automatically assume a RS is going to happen. My question to him would be,,, you mentioned a RS in the past, if and when do you intend to go through with it and if so, how many shares?
Exactly. Look at HIRU official or came out today they retired shares instead of an R/S. Logan just greedy
Don't want to hijack your post
Share buy back is a great question, if R/S must happen then maybe consider buybacks in place of dividend to counter any dilution that was needed?
Hey Stinger
In the world of OTC pinks take a look at the SIRC R/S outcome
NASDAQ has a much higher premium.
Why not a share buy back and retirement instead of an RS?
Good question.
Thank you
Great question.
I may reword this a little.
Got it.
You’re welcome
My understanding of a RS. 1/160 does not affect the delta AS. So if Logan inacted a RS his dilution max $ value would be around $260+mil compared to $1.7 mil with no RS. My understanding using MULN case.
Eli, this is a fantastic opportunity for shareholders. Much thanks for your efforts to arrange this.
1) Are there any plans to expand A.R.T. Digital beyond being solely a BTC mining operation.
Don
Mifflinburg, PA
Is company able do do more miners out of cash flow or is the R/S for funding(Dilution)
Yeah, OK I’m done pondering
Dwayne (Saskatoon, Canada)
What share price does he want to target when he does the R/S split, if they do one?
Second
Will it definitely be a 1/160 r/s? Is this written in stone or could it be less than the 1/160
Thank you for your efforts Eli!!
This is amazing break through... I am thrilled that he is willing to answer that many. I am going to ponder for a minute
I thought my one question with the R/S not questioning it, in it, about buying miners will answer the added miners and show if he’s serious about the the R/S
YW...
Looking forward to picking Logan's.
Hopefully we get the answers we want and walk away feeling confident about the future of A.R.T. Digital aka CGAC.
2 very good questions.
LOL- you caught it! basically just 2. miner status and SS changes
I found that clever, too.
5 very good questions made into 2 questions...LOL
I like
1. how many miners are currently hashing, when will the new machines be purchased, what is the target total.
2. What is the reason for the RS, there are still plenty of shares in the Authorized not issued? Will the OS and AS be reduced proportionally?
sent name PM.
Favor of the Lord.
I've actually been able to arrange a Q & A from the CEO on several stocks that I've been in.
We won't count this as an official question to ask Logan.
Carlson, very good question. I’m proud of you.
NYC / Buenos Aires
Is buying more miners easier with a R/S?
Thanks
Thanks Eli ok I’ll start:
Mike (Stinger2014). City Milford
Question: You hired a PR firm, when will shareholders hear from them?
Shareholder's Q & A
I am pleased to announce that Logan has agreed to answer between 8 to 10 questions concerning CGAC from us (Shareholders).
Please present your questions here along with your 1st name and city on this thread. I will choose from the list of questions asked (may need to reword some) and present them to Logan on Monday morning.
thats the way it works in the OTC
Who voted on it?
Logan is a one man show…
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