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I believe AS size will show intent for dilution. Here again 250k a year and cash bonuses instead of stock options don't bode well for SH. Time will tell.
JMO
This how it works. The only business I know that can make profit on day one is a lady of the night! lol 😂
I guess in his defense, do you tell the world you went to work every day? Miners are working. That’s not news. An update to plan would be nice!!!!👍
I'm just saying it would take many years to return I profit,p!us interest on $25 million invested.
It appears he has nothing to report...
I once believed it was to keep price down for a sale. But Logan said no. So no I don’t.
That ROI. would take many many years..I read there are over one (1) million miners in the world..most with a few big operations that have 100's of thousand miners each...10k would be very small potatoes for an investment..
Yes more like 25mil. But most dilution is to stay afloat. This is investing, different animal.
Also folks that put up that money don’t want the PPS at .0003
Can anybody come up with any logical reasons for no PR's?
If my math is correct from the financials..he got like $3 million from investors for 753 miners...the amount he would need to get to 10k-20k miners is astronomical...
There's still is no R/S filed yet. We have to hope he PR's this thing when 10-q gets filed or this will not stay even at this price with the loyal shareholders that are still here hoping for some sense of value is here including me. If Logan's waiting for price to get better before filing after 15th the only catalyst we be name change
Dilution or investing? Spend $ to make $
……with a MC at 400K? zTry another number.
SMH.
Do we even know when the reverse split may occur? I haven’t been able to find that, but I haven’t had much time to read every post either. I appreciate any help.
He's gonna have to dilute this into oblivion to buy 10,000 miners.
Logan's IR skills so far are putting his reverse on track for .016 post reverse and then the selling will start. KInda funny as to I was under the opinion the Logan was a OTC trader
Must have got that wrong
So far in the OTC that happens to me all the time,
Only issue will be if Logan doesn't have the motivation to promote this stock this will amount to zero if not selling into 2's
JMO
“another wait- now its for fins”
Yes. But the good thing is, we know the date as opposed to waiting for something to happen that we have no idea when it will happen.
yes- few days away
When do we expect them? Middle of May?
another wait- now its for fins
Are long stockholders called “Logan’s hero’s”?
Ground hogs day. Been a while for FINRA!
Maybe seeing as how Logan hopes to get to .09 post RS he'll at least be smart enough to pump this thing to get to a pre R/S price that will get it there. But then it was well on its way and he let it go to hell so I wont hold my breath
GLTA
Only prayers will probably help this but then again it's "mammon" so that's probably out the window
Good morning miner overseers! Hash hash!!
Thank you - do we even know when the RS may take affect. Maybe he doesn’t plan on doing it for a while. i couldn’t perceive a clear cut time frame from his answers-I certainly can’t be critical since I didn’t submit any questions, but I wish somebody would’ve specifically asked when he planned on doing it now or down the road!!!! Thanks again
I concur.
Very good idea.
Same thinking as me. I have 5mill that will be around 30k we shall see ! Pure gamble here
I will sit back watching quietly to see where it goes. Let's see where BTC takes Logan's 10,000 future miners in the next year. I'll hold to see what 2025 will bring me $ wise, I feel like it will be more lucrative than dumping my shares cheap. Throw it in the bottom drawer for a year and hope Logan makes this run.
back then --bet you did not use a calculator- A for effort!
That’s when they gave out grades! Today you get: complete, you tried hard, and you’re still loved!!! 😂
.09 / 160 = 0005625
Good day Arm! Always appreciate your insite and DD. Your math looks good (if .0003 moves to .048 post split), and review honest. I’m still in the court that the RS is NOW priced in. We might see a few more JUMPERS this week, but IMO it’s a knee jerk reaction. Good for those buyers! The MC is too low for a OTC company making $$ and 753 miners on the payroll. But it’s all about BTC and timing. See you Monday my friend!
I used to get straight A's in Math,,,, over 50 years ago!
no worries- do the same thing-- mis-calculate
I crewed that up! 300 shares. Thank you
45k X .0003 = $13.50 try the calculator again
My calculations say that to get from .0003$ to .09$ will take a factor of 45k shares to 1 split.
I may be one of those that go silent until we have something to talk about. I appreciate the effort by Eli for arranging the Q&A with Logan and for Logan participating. Unfortunately, his answers left me with more questions than I had before the Q&A. I do hope Logan is being sincere in answering your question regarding PR's, "Working with counsel to format a shareholder letter". Long overdue.
There were several things from the Q&A that stood out to me.
1) The time frame for uplisting being 18 to 24 months. I was expecting 6 to 12 months.
2) Short term goal of 10,000 miners in 12 to 24 months. That would put Logan halfway to his goal of 20,000 miners prior to uplisting.
3) A projected share price of .09 after the R/S. IMO that's low. A split at the current price of .0003 would translate to .048 post-split. Better than halfway to .09. Maybe my math is wrong. (4,288,470,972 O/S converts to 26,802943 shares after 1:160 split).
4) While it looks like the R/S is inevitable, IMO it is not imminent.
Meanwhile we have Q1 results in 10 +/- days to look forward to.
Well Eli, no good deed……. BTC is either going to boom or bust. Got a coin? Lol
Well..we all had such high hopes for this..given Logan's sh*t show for answers... Gonna wipe my butt and move on...God my butt hurts.. From this stuff...lol..😂😂😂
Now...that's fu*king funny...lol.👌👌👌👌
wonder if he is in politics- lol
Agree..no confidence in Logan's response.. Doesn't take (5) days to reply a bunch of nothing..we should have known better given his brother..lol..
guess we wait for the next filing. will play it differently --for sure
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