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Vortex Brands (OTC: VTXB) Expands Its Bitcoin Mining Operation with 20% Increase in HashpowerPress Release | 01/25/2024
Vortex Brands (OTC: VTXB) Expands Its Bitcoin Mining Operation with 20% Increase in Hashpower
PR Newswire
DENVER, Jan. 25, 2024
DENVER, Jan. 25, 2024 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) has recently acquired additional Bitcoin mining units, resulting in an increase of approximately 20% in its overall hashpower. The newly acquired units are equipped with state-of-the-art technology and have been meticulously selected to ensure efficiency, sustainability, and profitability. Vortex Brands remains committed to utilizing the latest advancements in mining hardware and sustainable energy solutions to maximize the efficiency of its operations.
This expansion comes at a time when the cryptocurrency market continues to experience remarkable growth, with Bitcoin leading the way as the most valuable and widely recognized digital asset. Vortex Brands recognizes the importance of contributing to the security and decentralization of the Bitcoin network, and this acquisition is a significant step towards that goal.
"We are excited to announce the expansion of our Bitcoin mining operations, which will result in a 20% increase in our hashpower," said Todd Higley, CEO of Vortex Brands. "Our team has worked tirelessly to identify and acquire the most efficient and reliable mining units available in the market. This strategic move not only enhances our profitability but also strengthens our position in the rapidly evolving cryptocurrency landscape."
Vortex Brands remains focused on delivering long-term value to its shareholders and stakeholders while actively participating in the ongoing development of the global cryptocurrency ecosystem.
About Vortex Brands Co.: The Company operates as Technology Holdings Company that focuses on cryptocurrency sector, particularly Bitcoin Mining. Additional information is available by visiting company's website at www.vortexbrands.us or on twitter at https://twitter.com/Vortexbrands.
*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
View original content:https://www.prnewswire.com/news-releases/vortex-brands-otc-vtxb-expands-its-bitcoin-mining-operation-with-20-increase-in-hashpower-302044721.html
SOURCE Vortex Brands Co.
https://www.otcmarkets.com/stock/VTXB/news/Vortex-Brands-OTC-VTXB-Expands-Its-Bitcoin-Mining-Operation-with-20-Increase-in-Hashpower?id=428333
Vortex Brands Co. Continues Expansion with Bitcoin Mining Unit AcquisitionPress Release | 01/11/2024
Vortex Brands Co. Continues Expansion with Bitcoin Mining Unit Acquisition
PR Newswire
DENVER, Jan. 11, 2024
DENVER, Jan. 11, 2024 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), announces its ongoing efforts to strengthen and expand its Bitcoin mining operations through the acquisition of additional mining units. As part of its strategic growth plan, Vortex Brands Co. is actively working to increase its bitcoin mining hash power by acquiring additional machines.
Vortex Brands Co. is dedicated to staying at the forefront of the rapidly evolving cryptocurrency landscape. By expanding its Bitcoin mining operations, the company aims to capitalize on the growing demand for digital assets and strengthen its foothold in the cryptocurrency market.
The acquisition process is currently underway, and the company is diligently working to finalize the transaction. Vortex Brands Co. is committed to providing timely updates to its shareholders and the wider public regarding the progress of this strategic initiative.
Once the acquisition is complete, Vortex Brands Co. will share further details, including the exact number of additional mining units acquired and their expected impact on the company's Bitcoin mining capabilities.
This expansion is in line with Vortex Brands Co.'s vision of becoming a prominent player in the cryptocurrency industry, leveraging its expertise and resources to capitalize on the digital currency revolution.
About Vortex Brands Co.: The Company operates as Technology Holdings Company that focuses on cryptocurrency sector, particularly Bitcoin Mining. Additional information is available by visiting company's website at www.vortexbrands.us or on twitter at https://twitter.com/Vortexbrands.
For additional assistance, journalists and analysts may contact Vortex Brands Co.'s media contact at info@vortexbrands.us.
*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
View original content:https://www.prnewswire.com/news-releases/vortex-brands-co-continues-expansion-with-bitcoin-mining-unit-acquisition-302032826.html
SOURCE Vortex Brands Co.
https://www.otcmarkets.com/stock/VTXB/news/Vortex-Brands-Co-Continues-Expansion-with-Bitcoin-Mining-Unit-Acquisition?id=426882
Novus Group(Joseph Wade) dumped another 1,115,000 shares since the 8/31 filing.
9/6/2023 New
Issuance
575,000,000 Common $0.00 Yes Brian McLain Services
Rendered
R 4(a)(1)
9/25/2023 Cancelled -4,800
Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
9/29/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
10/5/2023 Cancelled -4,800 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
10/11/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
11/1/2023 Cancelled -8,000 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
11/20/2023 New
Issuance
200,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)
I have some dinner $$ here.....
If you sold short at .0008-.0012 of course you want to buy at .0002/3
That's why 294 million is on the bid
Their OS and AS is more than here and they still are doing better
The entire OTC has been held back as a whole though
I thought that was ABQQ?
Oh, misread. Disregard
A 2 B share decrease?
Here is how bad they diluted.
Outstanding Shares
The number of shares outstanding of our Common Stock was:
2,467,750,000 as of November 30, 2023
584,750,000 as of February 28, 2023
on watch for a move off possible bottom. GLTA.
At least they are active and there's a wallet you can monitor. Looking to expand so will see what that looks like when they announce. Got other OTC mine plays and they don't even have wallets. Lots of fluff plays with bloated market caps to.
You aren't wrong, but it's old news just as much as the dividend is old news.
BTC is under $40K. Crypto and related plays are down too. Claims to calling this is low hanging fruit. They were going to sell on the news.
Yep, holding firm to 4. Good spot to add.
Miners mining and transparent wallet. A lot of room for growth or synergies. Merger or alliance could also facilitate growth. Reasonable share structures, low debt load, and up to date filings. Trips play here favors reward to risks. News imminent.
Just the facts
What? Just reminding the minions that this is a Joseph Wade Mezey ATM. He has dumped over 2 billion shares since 12/19/2022.
https://www.otcmarkets.com/otcapi/company/financial-report/390892/content
Of note is that William Waldrop is a relative and Eli Safdieh just got nailed by the SEC. They were involved before Todd started the new scam.
https://casetext.com/case/sec-exch-commn-v-lg-capital-funding-llc
Bottom inflection and accumulation here. Typical sop off a bear raid. Looks like news soon IMO.
This might be heading to 0001 they are dumping everything
Compared to lot of the otc, we have a lot more going for us here than most. Real miner with a transparent wallet. Looking to expand. Up to date filings. Debt load reasonable and decent share structures. Bears are painting this as a sewer. Fear mongering 101.
counted 30 miners in the filings--- not as many as projected! Disappointing!
Quarterly Report Out:
https://www.otcmarkets.com/otcapi/company/financial-report/390892/content
The number that has been reported the last few months.
You told us to be surprised
Novus Group(Joseph Wade) dumped another 1,115,000 shares since the 8/31 filing.
Net Revenues $ 18.03
9/6/2023 New
Issuance
575,000,000 Common $0.00 Yes Brian McLain Services
Rendered
R 4(a)(1)
9/25/2023 Cancelled -4,800
Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
9/29/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
10/5/2023 Cancelled -4,800 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
10/11/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
11/1/2023 Cancelled -8,000 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
11/20/2023 New
Issuance
200,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)
Not bad for a start up. If they merge or expand, could be a stellar trips play with substantial returns. That's my take.
how old are you?..young man..
VTXB
might be.. but if you are not happy .. you can shoo from here old man..:)
VTXB
Get ready to laugh your ass off with tomorrow's filing.
Listen kiddo all the crypto pumps failed
They should but if they don't then the mafia MMS gets what they want to cover, by those weak and uninformed holders. One big fagazi shell game, run and dominated by Sheisters and charletons.
They will file.
oh well.. we have time .. lets think of how to whack surf's arse..for good..
VTXB
Have to agree with u upto a point.. but what shall we do with the shorts.. we gotta do something right..:)
VTXB
It was all a pump and short
pump..😂..ok buddy..
VTXB
Hopefully another pump comes some time in the near future to transfer the bags
Confidence in the OTC or the Nasdaq is very important.. Never give up ...coz.. There are glitches in what we see ..I have patience.. and a short temper .. hope surfkast understood..
VTXB
Idk how can you remain so confident and cheerful even when the titanic is about to rest in the abyss
Maybe we should r*pe the shorts till it reaches 00015s.. You would not like it.. but hey.. you have time.. because i hate flippers .. and loose hands..
VTXB
we are analyzing your new found confidence baby with AI.. what do you wanna say.. Do you want us to clean up those asks..Look buddy.. how you hit our bids.. Likewise.. Do not think that we cannot hit your asks.. .. but first i have to scratch my little itch here....and then..~..
VTXB
Did anyone with 1/2 of a brain think this scam would not be?
Many said the mining stocks would trade like Bitcoin. It has been sliding since the ETFs were made available ,damn near down $10K
M@R@, a major miner, was $31 just after Christmas and now it's $16. Even Gr@yscale has dipped.
Whales sold the news on every level and put some in the ETFs. It's easy to say told you so at this moment.
Q filing delayed until 23rd.
https://www.otcmarkets.com/otcapi/company/financial-report/390621/content
should be revealing!
Would be great
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