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Seems like the CEO's are the ones who keep holding this company back, which means the board is not doing their job! Get it right this week so this company can do what it should be doing ... driving growth and profit! Fix what needs to be fixed and be transparent about it!
Looks like my prediction was wrong for the end of May. There's a lot of upside so will continue waiting for that spark and upward trend!
MIGI.........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
anyone hear rumors of some institutional investors getting ready to buy some significant shares? I'm going to stick with my prediction for MIGI by the end of May ($1.80+)
by the end of May expect MIGI to be trading 3x what it is today! Good things coming!
pre-market trading is trending up again! Looking like MIGI is heading north of $1 soon and then on to $2-$3. I keep buying..
Keeep climbing next week!! 30% up on Friday!
trading volume is up today and price is climbing! hopefully some more good news right around the corner!
Mawson meeting with potential investors over the next couple weeks! Expect to see upward movement soon! Time to increase our holdings
Based on year end financials, MIGI is a $60m+ a year company with new customers coming on board. The share price and trading volume doesn't come close to reflecting this. Need to get the word out about them!
consistently acquiring new colocation customers and increasing revenue but debtload continues to hold them back from really taking off. Need to find an investor to help with that!
Great year end fins,z b now,52week low today,watching for freely move up(if it’s let go)
MIGI.................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
$MIGI: That was a fast spike to $0.77
Now down to $0.57.
Some interesting PreMarket action.... tryig to make sense of what this is.
Anyone got insight ??
GO $MIGI
$MIGI: That was a fast spike to $0.77
Now down to $0.57.
Some interesting PreMarket action.... tryig to make sense of what this is.
Anyone got insight ??
GO $MIGI
Double bottom and oversold.
Expecting some news or a block buy that would check the resistances around 1.40-1.50
MIGI...................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI.............................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
Yes, but 78% up from the bottom yesterday is much less than the 60+% drop yesterday from where it had been trading. MIGI was trading up above $2 on Tuesday. It will get sorted out, but there has been the appearance of something very wrong here for some time given that MIGI has been a pure bitcoin play, yet it floundered down at these depths while Bitcoin went up by 200 and 300%.
tomorrow rebound
Looks like a good bounce play here.
MIGI...........................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI: I dumped my @TARA for big profit, & then grabbed this puppy as fast as I could!!!
MIGI: Makes one wonder if this whole, CLOSED-DOWN-64%-&-THEN-UP-78%, in one day was an INSIDE job set-up by the MIGI firm itself!!!
Mawson Infrastructure Group Inc. Responds to Recent Report
MIDLAND, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, notes that a media outlet earlier today falsely reported that the Company has filed a voluntary Chapter 11 petition.
Rather, entities in Australia, including W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and Marshall Investments MIG Pty Ltd as trustee for the Marshall Investments MIG Trust, have filed an involuntary Chapter 11 petition against the Company. The Company has not yet been formally served with an involuntary petition; however, if served, the Company’s Board of Directors intend to vigorously defend the Company against such a filing to the full extent of the law. Mawson expects to continue to operate as usual and execute its business plan accordingly.
The Company has previously corresponded with W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and its representatives, and the Company has expressed significant concerns about W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and James Manning, a former board director and executive of the Company, being related parties. Neither W Capital nor James Manning have responded to the Company’s concerns in a manner satisfactory to the Company.
James Manning is also the subject of an investigation by the Company’s Audit Committee related to his dealings with W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund – among several other matters – including current litigation with an entity related to Manning, Vertua Property Inc. (“Vertua”), regarding alleged self-dealing, breach of contract, and tortious interference with a business relationship.
Notably, Vertua is a company not only related to James Manning, but also affiliated with Darron Wolter of W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund.
The Company filed a complaint in The Court of Common Pleas of Mercer County, Pennsylvania (file number 2024-2332) on October 17, 2024 against Vertua as landlord for the Company’s Sharon, PA property for breach of the lease agreement and wrongful termination of the lease, as well as for tortious interference with a business relationship. The Company is seeking reinstatement of the lease, compensatory damages, disgorgement of revenue, and exemplary and punitive damages, as well as reimbursement for its costs and litigation expenses.
As per the Company’s most recent 10-Q filing on November 14, 2024, W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and Marshall Investments MIG Pty Ltd as trustee for the Marshall Investments MIG Trust had filed proceedings in Australia, and the Company believes that these entities are using such proceedings in an improper attempt to gain leverage in ongoing legal disputes between the parties. The Company believes that the filing of the involuntary Chapter 11 petition is a continuation of this pattern.
The Company has previously reported through an 8-K filing on March 29, 2024 that the Company may seek to exit certain or all of its entities and holdings in Australia. The Company currently operates facilities in the United States of America and does not have any operating sites or assets in Australia.
About Mawson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets. The Company’s digital infrastructure platforms can be used to operate computing resources for a number of applications, and are offered across digital assets, artificial intelligence (AI), high-performance computing (HPC) and other computing applications. Our innovation, technology, and operational expertise enables us to operate and optimize digital infrastructure to accelerate the digital economy. The Company has a strategy to prioritize the usage of carbon-free energy sources, including nuclear energy, to power its digital infrastructure platforms and computational machines. For more information, please visit: https://www.mawsoninc.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
The Company cautions that statements in this report that are not a description of historical fact are forward-looking statements
MIGI's creditors filed a bankruptcy petition against Mawson Infrastructure Group (MIGI) this am.
https://news.bloomberglaw.com/crypto/creditors-file-bankruptcy-case-against-mawson-infrastructure
MIGI.......................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
migi......................https://stockcharts.com/h-sc/ui?s=&p=MIGI&b=5&g=0&id=p86431144783
MIGI.................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI...............................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI..............https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI Looking Primed for move imo
MIGI.........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI.................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI...............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI...............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI......................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI.............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
MIGI..........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783
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