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FAVO Blockchain, Inc., a Wholly Owned Subsidiary of FAVO Realty, Inc. is Pleased to Announce it has Signed a Definitive Agreement to Exchange Their ASIC Inventory for an Equivalent Hash Rate Service Contract with Hydro66 Holdings Corp.
GARDEN CITY, NY / ACCESSWIRE / August 8, 2019 / FAVO Blockchain, Inc. will sell its entire inventory of ASICS and associated equipment to Hydro66 in exchange for a hash rate equivalent cloud services contract delivered from Hydro66’s award winning colocation data center in Boden, Sweden. This data center is powered by 100% green locally generated hydropower, is world-class efficient using 90% less energy than the average EU data center and is an ISO27001 accredited facility. FAVO Blockchain expects the new contract to be in production before the end of the month.
Vincent Napolitano, CEO of FAVO stated, “In extremely volatile markets and rapidly increasing difficulty, the time to deploy is critical and who to partner with is just as important. We believe with the recent rise in the price of bitcoin, the time is now and Hydro66’s management team, data center in the Nordic’s cool climate with low cost 100% renewable energy. Hydro66 was the best solution for us!”
Paul Morrison, Chief Commercial Officer, Hydro66 commented, “Innovative blockchain use cases such as FAVO are great news for the wider crypto economy. The need for a reliable hosting partner in a stable jurisdiction brought FAVO to us. We are delighted with the new business relationship and we look forward to adding our expertise and value to FAVO.”
Shaun Quin, President of FAVO Group added, “When you have invested significant capital in cryptocurrency infrastructure every second counts. We believe Hydro66 will help us maximize our ROI.” He also added, “While the price of bitcoin is very volatile, we expect this to be a profitable venture and at full capacity we anticipate being able to produce approximately 4 petahash of blockchain security.”
More About FAVO Blockchain, Inc:
FAVO Blockchain, Inc. is a wholly owned subsidiary of FAVO Realty, Inc. and is driven by the boundless opportunities of blockchain related assets and a decentralized system. The Company specializes in blockchain related investments in commercial real estate (CRE), tokenization and has approximately 500 servers providing in excess of 4 petahash of blockchain security.
More About FAVO Realty, Inc:
FAVO REALTY, INC (OTC PINK:FAVO) is a real estate investment company which intends to invest in a diversified portfolio of quality commercial real estate properties and other real estate investments located throughout the United States and Puerto Rico. “FAVO” is “Honeycomb” in Latin - The Honeycomb (Hexagon) is the most efficient shape in the universe. FAVO Realty Inc. intends to be Efficient, Flexible & Durable. www.favogrp.com
More About FAVO Group, LLC:
FAVO GROUP, LLC is the External Manager of FAVO Realty, Inc. (OTC PINK:FAVO). They were founded by a Group of Real Estate and Capital Market professionals with over 100 years of collective experience and have transacted in over $6 billion of Real Estate related transactions. www.favogrp.com
More About Hydro66:
Hydro66 Holdings Corp. (SIX) (HYHDF) owns and operates an award-winning colocation data center in Sweden specializing in High Performance Computing ("HPC") hosting. The Company hosts third party IT infrastructure, utilizing 100% green power, at amongst the EU's lowest power prices and within an ISO27001 accredited facility. Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional Enterprise colocation data center market. The Company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/7 physical security in their facility in Boden, Sweden. www.hydro66.com
Contact us: email: info@favogrp.com or tel: 833.favogrp
SOURCE: FAVO Realty, Inc and FAVO Group, LLC
FAVO will be if they bring a Divy on board!
FAVO i may grab some at .45
FAVO will be trading in dollars soon
Good to see you here!
FAVO~~nope ,waiting for updates and BOOMAGEEEEE
FAVO think you sold to cheap
float 435K
FAVO~~435K float, hurry and buy all under $1.00,I see an easy $20.00 PPS ++++,
FAVO~~MULTI DOLLARS COMING<agreed bud,EXECUTIVE TEAM crazyy hugeeee http://favogrp.com/our-teams/
Pretty stupid I wish I picked that 1000 up. This stock is going to be really big. They are going to create a big company here. They are taking there time and we have a seasoned professional team.
who the hell sold 1000 shares at .256?
FAVO just give it a little slap & we are off to the races!
FAVO~~bid .2538 8k shares,nice try NO FREAKING SHARES,you have to hit the ask,last call at .52
FAVO~~bid .234 40k shares,nice try NO FREAKING SHARES,you have to hit the ask,last call at .52
when the news coming will be to late,always happens,FAVO going into multi dollars
FAVO Still Preaching to the choir on this Board!
FAVO~~8k++ left on ask to .95 cents grab fast people,no more cheapest here
FAVO~~we got a L2 here http://favogrp.com/favo-realty/
FAVO huge MERGER NEWS coming
FAVO with the first news,ask will jump crazy and the chase will be fan to watch
FAVO~~MMs know something crazy is coming,they need shares,they will drive FAVO into multi dollars run,load up
FAVO~~.53 now,EXECUTIVE TEAM is CRAZYYY HUGEEE,OTCQB coming,NASDAQ after,read the news http://favogrp.com/our-teams/
FAVO~~building pressure here,load up fast,read the NEWS,dollars in no time
FAVO~~EXECUTIVE TEAM is CRAZYYY HUGEEE,OTCQB coming,NASDAQ after,read the news http://favogrp.com/our-teams/
FAVO don't worry bid will move up here,no shares on the bid for sale,FAVO will be in dollars in no time,volume coming,people watching
FAVO~~NO SHARES ON THE BID,if you want you have to hit .53,soon you'll hit dollars on the ask
That’s what I’m saying if you truly believe $5 then why aren’t you buying more? If spread tightens I would consider
FAVO~~with the next news update will be hard to get shares,FAVO moves on air people
FAVO~~easy $5.00,435k float ,volume will pour crazy,buy before the crowd look at the EXECUTIVE TEAM http://favogrp.com/our-teams/
Watching-you need to slap that ask to get it going if you feel $5
FAVO~.53 ,only 4,500 to .65,MULTI DOLLARS,you'll miss big time fellas,read the the news,CRAZYYYYY MOVE COMING,load up now
Watching-you need to slap that ask to get it going if you feel $5
FAVO~.53 ask now,435k float ,HUGE COMPANY moving to NASDAQ,1,000 %% upside in a week
FAVO~~.232 bid 57k,people look at the EXECUTIVE TEAM crazy run to $5.00+++ here on the way http://favogrp.com/our-teams/
FAVO~~new WEBSITE IS UP
FAVO~~'georgie18' better grab some,set to break huge,coming from the bottom
http://www.stockta.com/cgi-bin/analysis.pl?symb=FAVO&cobrand=&mode=stock
FAVO~~Robert M. Aldrich
Executive VP Of Acquisitions
833-328-6477
raldrich@favogrp.com
Mr. Robert M. Aldrich Has 20+ Years Of Experience In Commercial Office And Retail Property, And Asset And Fund Management In The US And Canada, With Operational Experience From The Ground Up. He Has Acquisition And Disposition Experience In Most Major North American Markets, As Well As Portfolio Management Expertise Including Investor/Equity Entity Level Management, Strategic Tax Planning, Cash ?ow Optimization, Debt ?nance, And Insurance Risk Management. He Has 13+ Years Experience Working With Foreign Investors Including German/European Banking And Investment ?rms. Mr. Aldrich Has A Broad Range Of Experience And Interests Which Primarily Focus On Commercial Real Estate With Additional Concentrations In Renewable Energy, Infrastructure And Other Private Equity Opportunities. He Has Experience In Cross Border Investment Into North America And Has A Broad Base Of European Connections Available For Bilateral Co-Investment.
FAVO if the float stay the same 435k,and what they have into pipeline do deliver we can see next SESI $50.00+++ PPS people,what I'm saying get your shares now,this the freaking crazy monsat stock that will see NASDAQ very shortly
FAVO~~HUGE people,EXECUTIVE TEAM , http://favogrp.com/our-teams/
FAVO~~Richard A. Dubi Chief Strategy Officer (CSO)
http://favogrp.com/ourteam/richard-a-dubi/
FAVO~~huge,,Richard A. Dubi Chief Strategy Officer (CSO) From 2010 To 2017 Mr. Dubi Was The CEO Of ParksByNature Network.
the CEO Of ParksByNature Network
http://parksbynature.com/
FAVO~~the monsta run ahead here GARDEN CITY, NY /ACCESSWIRE / June 17, 2019 / FAVO REALTY, INC (OTC PINK: "FAVO"), a real estate investment company, is pleased to announce today that the acquisition/merger with RLT Atwood International Limited ("RLT" - Incorporated in the Republic of Seychelles on 12 April 2018; ISIN: SC2767HDIH83) has closed. RLT Atwood International Limited was acquired for $3.6 million in a stock swap transaction with FAVO Realty Inc. FAVO will issue 8,200,761 new shares based on the 30 day Volume Weighted Average Price (VWAP) of .43954662. These shares will be restricted for 12 months from the filling of a Super 8K audit.
FAVO~~all buys here,volume an ready above $1.00
https://ih.advfn.com/stock-market/USOTC/favo-realty-inc-FAVO/trades
FAVO~~we got a runner .53 now and look at EMA resistance below .35 cents,nice base for a dollar run http://www.stockta.com/cgi-bin/analysis.pl?symb=FAVO&mode=table&table=ema&num1=1
yes is coming,love the float and easy move
FAVO need to give it a Wake up Slap!
with volume moves very easy,scanners will pick up here
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