Puissant Industries Inc. (PSSS)

[wholelotamoney]

$PSSS - Serious big crypto added to company!

Everything is coming together here!

[wholelotamoney]

$PSSS - I'm guessing February brings much more news and volume!!!

[wholelotamoney]

$PSSS - Crypto will MAGA!!!

[Zerocool00]

21-25 now

[wholelotamoney]

$PSSS - The South Sucks!!!

[JEvans1]

Heading north!

[Zerocool00]

Very good news! I like the direction this is going!

[wholelotamoney]

$PSSS - In with a starter here!

[JEvans1]

Cool! Thanks for sharing

[arbytrader]

I checked Kentucky's SOS and it looks like Mark E Holbrook submitted the Articles of Incorporation for American Crypto Mining Inc on Dec 1, 2017...should be interesting to see how this plays out

[JEvans1]

I’m in too!

[adijas]

All I know is most buys today were at .2, so it looks like a good buy. But I can't predict the future, so you have to decide yourself.

[JEvans1]

Interesting, you think .15 is a good buy here?

[arbytrader]

I'm in

[adijas]

.2 falling

[adijas]

Cryptonews out

Puissant Industries Inc. Announces Cryptocurrency Mining Farm Operations

LONDON, KY / ACCESSWIRE / January 10, 2018 / Puissant Industries, Inc. (OTC PINK: "PSSS") ("Puissant") (Corporate Website: psss.co), a publicly traded energy rich company that uses its resources to develop or acquire high growth companies in industries where maximum profitability can be generated, announces that it will begin Cryptocurrency Mining Operations through its wholly-owned subsidiary, American Crypto Mining, Inc. ("American Crypto").

American Crypto's first Cryptocurrency Mining Farm (the "Farm"), estimated to be 50% and 100% operational by the first and second quarters of 2018, respectively, will be equipped with SHA 256 double round hash verification processes and scrypt to validate Bitcoin transactions and provide security for the public ledger of the Bitcoin/Lite coin network. The Bitcoin/Litecoin networks compensate miners for their computational power by releasing newly issued Bitcoin and Litecoin, in addition to transaction fees from validation processes -- the more computing power a Farm contributes to the networks, the greater share of its compensation.

With Bitcoin mining measured in hashes per second, American Crypto's first Farm will have an initial hashing scrypt capability at 56,448 Mh/s and Sha-256 at 1,512,000 Gh/s hashing ability, permitting it to mine across a broad spectrum of cryptocurrencies and conduct Bitcoin/Litecoin mining at competitive levels. Puissant's excess electrical capacity of $0.03 per kilowatt hour will provide American Crypto with comparatively low operational/breakeven costs, which Puissant plans to use, in addition to at least 50% of American Crypto's revenues, to construct multiple Crypto Mining Farms.

Mark Holbrook commented, "We are pleased to expand our operations with Cryptocurrency Mining. Based on the current market for hashing ability as of January 8, 2018, scrypt in Litecoin at 10000 Mh/s pays $10,000 month and Sha-256 in Bitcoin at 100,000 Gh/s pays $5,600 month. You can see our first Farm's capability will have a hashing rate of 5.6448 times theses scrypt rates and 15.12 times the sha-256 rates. Puissant's excess electrical capacity alone could enable American Crypto to construct up to 5 more Crypto Mining Farms."

About Puissant Industries, Inc.

Puissant Industries is a multifaceted energy company that utilizes energy produced from a variety of energy sources to generate the maximum profitability of its assets. The Company seeks to expand into selective fast growing industries where the benefits of is multiple energy resources can make a significant impact on short and long term growth. This includes American Crypto and other industries under evaluation.

About American Crypto Mining, Inc.

American Crypto Mining, Inc. (a Kentucky corporation ) is Puissant Industries' wholly owned subsidiary. Currently constructing and equipping its first Cryptocurrency Mining Farm, American Crypto plans to pursue the construction and operation of multiple farms through revenue reinvestment and excess electrical capacity.

[JEvans1]

It’s odd, the need doesn’t show in my E*TRADE or Fidelity account?

[Zerocool00]

New! Wonder how much income they have total if this is one contract.. anyone know?

[JEvans1]

Hard to believe with positive news, not one share traded?

[JEvans1]

News

[JEvans1]

Nice! Thanks

[adijas]

news out

Puissant Industries, Inc. Announces a $1.1 Million Agreement for Natural Gas Deliveries

Puissant Continues Its Growth and Expansion

LONDON, KY / ACCESSWIRE / November 9, 2017 / Puissant Industries, Inc. (OTC PINK: PSSS) (the "Company"), an independent energy company currently focused on the natural gas and liquids-rich portion of the Devonian shale play in Eastern Kentucky, announced today that it has completed an agreement to deliver $1.1 million of natural gas. The term of the agreement is 2 years.

Mark Holbrook, the Company's Chief Executive Officer, commented, "We are pleased that we have locked in our natural gas delivery price. This is one of multiple natural gas delivery contracts we are developing in a diverse market. We will continue our strategy of obtaining additional reserves through acquisitions and further supporting our expansion by investing our oil and gas production into drilling activities and new wells, pipelines, and facilities."

About Puissant Industries, Inc.

Puissant Industries, Inc. is engaged in oil and gas exploration and development activities in fractured shale formations located in Eastern Kentucky. The key elements of the Company's business strategy include:

- Developing and exploiting Puissant's existing properties with a multi-year drilling program in the Appalachian Basin Devonian Shale;

- Maintain long-life reserve base by focusing on acreage acquisition and development activities on resources that target long-life gas and oil reserves;

- Use a disciplined financial approach to be financially strong, yet flexible, through the prudent management of our balance sheet and active management of commodity price volatility.

[JEvans1]

Let’s hope so! Was that you who bought 5k?

[Zerocool00]

Psss Lots of potential but no news ever. Looks to be a valued public company not a shell they have income. Last big move was a few weeks ago with no news maybe we will get news next week explaining the move and buying a few weeks ago

[JEvans1]

Bid creeped up to .14

[JEvans1]

Quiet today?!

[JEvans1]

Guess that bid got pulled?

[adijas]

Buy! And it's at .26 now. With such a big bid and pricemovement suddenly you might expect it's going a lot higher.

[JEvans1]

That means someone is trying to buy 90k shares at .25 or sell?

[adijas]

90k bid at .25

[JEvans1]

Bid back up to .20, this really moves quick

[adijas]

No idea, can´t find anything yet

[JEvans1]

Maybe an acquisition?

[adijas]

yup

[Traderfan]

Something is up it seems.

[adijas]

Was in this before, but sold. Just bought back. Looks like it will run.

[JEvans1]

No clue?!

[Traderfan]

Looking good, any reason for the move you can see?

[JEvans1]

Moving

[JEvans1]

Creeping

[HopScotch2]

Another Frederick M. Lehrer debacle. First Patrick Rodgers then Terry Johnson, both favored auditors of Lehrer. Reminds me of another company that got bad advice from Lehrer- FSPM Anyone?

[mrpickem]

PSSS.....on watch

[Renee]

PSSS referenced in SEC Litigation:

http://www.sec.gov/litigation/admin/2015/33-9915.pdf

[Section10]

this means they can go dark and not report crap to shareholders. dumping on the horizon.

[Renee]

PSSS: Form 15 - Terminated Registration under the 34 Act.

http://otce.finra.org/DailyList

[zerocool35]

http://www.psss.co

[JLPTNG]

LOL ya, pathetic too - love this quote from their email

PSSS is now up over 130% from previous day close! If you haven't taken a look at this stock yet, this is your chance!

of course it opened up over 120% LOL, that's why they can't say 120% gains because no one (other than the promoter frontloaders) are up (they are actually in the red now!!!!) DOH

[HokieHead]

I think it's getting it's deserved attention now. Should continue to move on air imo!

[HokieHead]

Popped up on my volume breakout setting. I just scanned the share structure, recent filings and the last quarterly. All I can say is incredible.

$0.25 x 14 million outstanding = $3.5 million market cap and only a 2.8 million float?

Nice revenue and net income increases and this:

Our proved natural gas reserves were 15.949 billion cubic feet (Bcf), or 2.6583 million barrels of oil equivalent (BOE) (1Bbl = 6 Mcf basis). The proved oil reserves were .197 million barrels. The proved natural gas liquids (NGL) reserves were .327 million barrels, for a total of 3.182 million barrels of oil equivalent (BOE). The Net Present Value, discounted at 10%, of the estimated future net cash flow before income taxes (PV-10) of our total proved reserves at December 31, 2013 was $29.227 million.

Why is this not trading at 1x reserves ($2 PPS) or at least half?

For the six months ended June 30, 2014, we generated total revenues of $363,451 consisting of $342,056 in oil and gas production revenues and $21,395 in royalty income. We reported $233,007 of total revenues for the six-months ended June 30, 2013, consisting of 213,007 in oil and gas production and $20,229 in royalty income. The $130,444 increase in our revenues for the six months ended June 30, 2014 compared to the six months ended June 30, 2013 is primarily attributable to an increase of $129,049 in oil and gas produdction compared to the six months ended June 30, 2013.

[DITRLI]

10 promoters pushing this today, but all unpaid: http://ditrli.com/know-the-market-these-are-the-confirmed-promoted-stocks-for-tuesday-1028/