Followers | 86 |
Posts | 7834 |
Boards Moderated | 4 |
Alias Born | 01/24/2007 |
Monday, March 30, 2020 7:58:13 PM
This was on many Crypto & Blockchain 'watch lists', but Price/Volume action never triggered any actual buying, which is one reason this board is dead. Imagine if they IPO's on the OTC for .001 - then there would be 10,000 posts by now (and a 100 bag-holderz - we all know who).
Anyway, the Ambulance Chasers are all over it
"$CAN Lawsuit on behalf of investors who purchased publicly traded securities of Canaan...in connection with the Company's November 20, 2019 initial public offering."
According to the filed complaint:
(1) the purported "strategic cooperation" was actually a transaction with a related party;
(2) the company's financial health was worse than what was actually reported;
(3) the company had recently removed numerous distributors from its website just prior to the initial public offering, many of which were small or suspicious businesses; and
(4) several of the Company's largest Chinese clients in prior years were clients who were not in the Bitcoin mining industry and, thus, would likely not be repeat customers.
Recent CAN News
- AKT Token Skyrockets on Upbit Listing, IBIT Holds Strong in Top 10 ETFs, and More Crypto News • IH Market News • 04/23/2024 04:34:08 PM
- Canaan Announces Proposed Share Purchase by Management • PR Newswire (US) • 04/22/2024 10:00:00 AM
- Canaan Makes Statement Regarding Shelf Registration Submission • PR Newswire (US) • 04/19/2024 02:12:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 03:11:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 03:02:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 02:53:00 PM
- Canaan Inc. Files 2023 Annual Report on Form 20-F • PR Newswire (US) • 04/17/2024 08:28:00 PM
- カナンのRISC-Vベース・エッジAIoT SoCが、ベリシリコンのISPとGPU IPを採用 • Business Wire • 03/14/2024 02:49:00 PM
- Le SoC AIoT de Canaan basé sur RISC-V adopte les PI ISP et GPU de VeriSilicon • Business Wire • 03/14/2024 12:08:00 PM
- RISC-V-basiertes Edge-AIoT-SoC von Canaan setzt ISP und GPU IPs von VeriSilicon ein • Business Wire • 03/14/2024 12:08:00 PM
- 嘉楠以RISC-V為基礎的端側AIoT SoC採用了芯原的ISP IP和GPU IP • Business Wire • 03/14/2024 11:10:00 AM
- 嘉楠基于RISC-V的端侧AIoT SoC采用了芯原的ISP IP和GPU IP • Business Wire • 03/14/2024 12:00:00 AM
- Canaan’s RISC-V based edge AIoT SoC adopted VeriSilicon’s ISP and GPU IPs • Business Wire • 03/14/2024 12:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/27/2024 12:49:46 PM
- Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results • PR Newswire (US) • 02/27/2024 12:47:00 PM
- Canaan Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024 • PR Newswire (US) • 02/20/2024 10:00:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 01:02:10 AM
- Crypto: Bitcoin Surpasses $42K on Friday, Canaan Raises $50 Million for Expansion and R&D, and More • IH Market News • 01/26/2024 07:42:52 PM
- ADRs Advance; Evaxion Biotech A/S Climbs 36% • Dow Jones News • 01/23/2024 10:08:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 01/19/2024 09:02:16 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/19/2024 09:00:53 PM
- Canaan Secures Follow-On Purchase Orders from Cipher and Stronghold • PR Newswire (US) • 01/03/2024 09:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 12/20/2023 04:48:48 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/01/2023 09:20:57 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/01/2023 09:01:05 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM