Yeah, I also hope it is for a Paris Airshow contract

The world’s leading producer of bitcoin mining hardware, Bitmain, announced today a signed purchase order of 30,000 units of its latest-generation Antminer S19j Pro mining rigs from bitcoin mining company TeraWulf.

“This agreement with Bitmain is the next step in TeraWulf’s plan to rapidly and efficiently scale our operations, which is based on a proven model for success,” Paul Prager, the chairman and CEO of TeraWulf, said in the announcement. “With Bitmain’s miners in place, we expect to substantially increase our total mining hash rate, furthering our efforts to generate environmentally sustainable bitcoin at an industrial scale.”

After full delivery and deployment of the purchased machines by June 2022, which is planned to happen over monthly deliveries starting in January 2022, TeraWulf expects to increase its total mining hash rate capacity by 3 exahashes per second (EH/s).

TeraWulf’s expansion could bring the company close to being the tenth-largest bitcoin mining operation by hash rate capacity if actualized. Presently, the North American company would fall right behind SBI Crypto’s 3.22 EH/s mining capacity and become the world’s 11th-biggest bitcoin miner, per BTC.com data.

This order of 30,000 Antminers follows a previous announcement by TeraWulf, in which it shared its plans to become a publicly-traded company in the United States. The bitcoin miner expects to list on the Nasdaq exchange through a merger agreement with IKONICS Corporation (Nasdaq: IKNX), an imaging technology company from Minnesota.

Additionally, TeraWulf also shared that it plans to generate environmentally-sustainable BTC at an industrial scale in the U.S., using over 90% zero-carbon energy from nuclear and hydro power sources. Du Shisheng, Bitmain mining division vice president, commented on TeraWulf’s vision and their recent order.

“Partnering with TeraWulf represents a big step forward in the transition to a more resilient, stable, and sustainable mining platform,” Shisheng said in the announcement. “We are excited to provide our most advanced bitcoin miners as they build the largest, most environmentally friendly bitcoin mining facility in North America.”

Float just under 2 million.
TeraWulf's mission to generate environmentally sustainable bitcoin at an industrial scale in the United States using over 90% zero-carbon energy power sourced from nuclear, hydro and solar power facilities.

Consistent with its buildout plan and with 60,000 state-of-the-art miners on order, TeraWulf expects to have 50 megawatts of mining capacity online in the fourth quarter of 2021 and 800 megawatts of mining capacity deployed by 2025, enabling over 23 exahash per second of expected hashrate.

Terawulf investment in Bitcoin. Low floater

IKNX Chart

4 insiders have bought shares recently. They appear to be buying due to strong prospects for their AMS technology (new factory under construction to handle aerospace orders). New technical paper on their web site shows the Ikonics AMS process is superior for machining carbon fiber composites.

No Seeking Alpha articles on this company in quite some time. Think we are due for one.

5 new hires on their FB stream, good news.

$IKNX DULUTH, Minn., July 13, 2015 (GLOBE NEWSWIRE) -- IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced today that test results from an independent laboratory confirm its unique process for machining carbon fiber composites results in far less damage to the composite material than conventional drilling. The aerospace industry relies increasingly on the strong lightweight composites in aircraft construction to reduce weight without compromising strength.

In its report to IKONICS, the Mistras Group stated, “The tests were conclusive showing far less stress/internal damage to the panels where the IKONICS AMS Process was used to perforate the composites."

The Mistras test was made using a high resolution C-Scan with an SD-IPR 1210 ultrasonic board with a 20 MHz focal probe. Mistras’ test confirms results using Shearography and visual inspection by IKONICS.

Sue Boudrie, Operations Manager of IKONICS AMS division, said, “We believe that this report further confirms the unique value that the IKONICS Process brings to the machining of carbon fiber composites. In addition to being much less destructive, our technology is cost effective and permits the machining of perforations of any geometric cross section."

News Contact:
Bill Ulland
Chairman, President & CEO
(218) 628-2217
- See more at: http://globenewswire.com/news-release/2015/07/13/751658/0/en/IKONICS-Announces-Mistras-Group-Independent-Laboratory-Report.html#sthash.9PzSQnWs.4aa4bbTX.dpuf

5x volume today

Volume coming in since yesterday. way above av. today, 6/24 13.4K vs. 3K
I hope it is for a Paris Airshow contract. I liked this sentance in the PR:

IKONICS Awards Inaugural Scholarship to Denfeld Graduate
http://money.cnn.com/news/newsfeeds/articles/globenewswire/5774541.htm

And, they are hiring for 3 positions, production bottler, a robotics specialist and composites technician


http://www.ikonics.com/about_us.html

has anyone seen a PR about expansion plans? i haven't, but it was mentioned on another board.

5/19/15 Up 5.90% on unusual volume, 9,300. Could be just a blip, but could be the beginning of a rise.

Surprising rise today. Long this company and wish them success.

2/24/2015 IKONICS Featured in Twin Cities Business Article
This is an excellent summary for Ikonics.
http://tcbmag.com/Opinion/Columns/Northern-Exposure/A-New-Image-For-Ikonics

Expecting earnings soon. If they are doing biz with Bombadier, it might have an impact. Bombadier is struggling.

Error. The 3000 shares were given to his grandchildren as a gift.

Microelectromechanical systems : http://en.wikipedia.org/wiki/Microelectromechanical_systems

1/20/15 IKONICS Announces Continuing Program With Honeywell Aerospace $IKNX

http://www.globenewswire.com/news-release/2015/01/20/698608/10116147/en/IKONICS-Announces-Continuing-Program-With-Honeywell-Aerospace.html

1/15/15 Chairman and CEO Ulland Disposes of 3,000 shares 12/23/14.
These were held by minor grandchildren. Maybe they, like me, spent .50 silver dollars on gum. I'd think it were something like that, kids asked for money and he told them cash your shares. JAWAG
In other opinions, it feels like a base has been forming the past few days, despite rocky markets worldwide. $IKNX

11/12/14 $IKNX Ikonics sponsors Northern Aero Alliance meeting at the Duluth International Airport.

http://www.northernaeroalliance.com/pages/Default.aspx?id=119

10/29/14 IKONICS Designated for $508,000 in Job Creation Fund Benefits for Proposed Expansion of Its Aerospace Business.

http://finance.yahoo.com/news/ikonics-designated-508-000-job-135638230.html

$IKNX Just amazing how this trades. On Friday October 17, I was the bid for 100 shares. MM filled 1 share, I was no longer a round lot, so my bid no longer showed as best bid/best offer. The next customer in line was for 4 lots, 30 cents lower, and guess what? Those 4 filled immediately. I saw the MM do it twice like that, once to me, and 1 share lot break to someone else.

Today, Monday October 20, we had an opening trade of 100 shares, but it was broken into 2 pieces, so those 2 trades did not show as the open. 48 shares @16.29 and 52 shares @ 16.29. Instead the third trade, the first full lot (which just so happened to be for $15.30) goes on the record. So we now show as if we opened down.

What do you think? I suppose I will have to use an AON order.

$IKNX Waiting on earnings.

$IKNX #Ikonics I wonder if this is related to what Ikonics has been working on?
http://3dprintingindustry.com/2014/09/17/lamp-3d-printing-process-may-just-revolutionize-investment-casting/?utm_source=twitter&utm_medium=social&utm_campaign=3dpi%2Btwitter

Welcome! There are a lot of interesting developments with $IKNX.

"We just received an order for machining vents in the carbon fiber fuselage of a new generation helicopter," Ulland said. "To date our focus has been on sound deadening for aft liners and intake cowls, so fuselage machining represents an important new opportunity for our technology."

Read more: http://www.nasdaq.com/press-release/ikonics-reports-record-sales-and-discusses-possible-expansion-plans-20140731-01769#ixzz3ATpZK8r7

I'm in..

what are your tweets about ?

7/22/14 Just looking at patents...
http://patents.justia.com/search?q=IKONICS


http://patents.justia.com/search?q=Chromaline+Corporation

Last ikonics entry is for a different company

7/3/14 The last few days the data for $IKNX has been screwy. Yesterday the total volume was off by 30% almost the whole day and 25% at COB between Nasdaq.com/Bloomberg business .com and my brokerage house. Today IKNX gained .25 or .91% on only 100 shares. My P/L for the day on IKNX was negative. How could that be? At COB there was an enormous spread, something like 14 x 26 or something like that. I called customer service and this is what they told me: When a stock is thinly traded, the brokerage firm has an algorithm that weighs that B/A against a daily trade volume and on that, assigns you a market value pps. This is the number used to calculate the total market value of that contract in your account. Personally, I find it stunning that my broker can arbitrarily determine the value of any stock, of course this is at least as far as for internal records go. In the end, market will prevail. But....

And the part that really interests me is this: I also asked the broker yesterday why there was such a significant difference between the volume I saw in other places in the internet and that which was being shown to me on my platform (25-30% less). They told me that the volume feed I was receiving came from a consolidated electronic market, AND that it included all the trades from those exchanges BUT that it did not include the totalvolume of trades made at that point in the day and that it was tallied and reported at day's end. (Late reported trades? Combos?) So. My guess is that this stock is actually trading much more in the dark pools than we know? Did you know that "Volume" doesn't really mean the same thing everywhere in public market and that you can have your volume reported to you in different ways, what on what it includes or excludes, "Native volume" or "calculated volume". They can be very different numbers.

This has been an excellent education for me. Until this week, if I found a B/A on a site, like here, that was different than the one my broker was showing me, I thought that the highest volume one would be the most accurate. That's not correct. Timestamp, yes, but volume, no.

In addition, since this bizarre volume and the wild swings of pps only began July 01, I will also add a guess that Mr. Nerges is accumulating, since he has not bought since May that we know of AND that it might also be the inclusion of IKNX in the Russel, which needs to rebalance on the quarters, right?

I am writing this post because I have an interest in this company, and if some freaky numbers keep buyers away, or confuse people, I want them to know my experience

http://www.reddit.com/r/science/comments/27a8no/science_ama_series_im_paul_hodges_chairman_of/

???Anyone know what is happening here? Today had highly unusual trading, where the stock dropped sharply early morning, recovered but as a result a short sale restriction went into effect until COB tomorrow, June 4th. I believe it closed at $26.00, that's what I see as last trade on NASDAQ, no after hours trades, but here on ihub its showing AH trades and reported as 21.81 down a whopping 16%. Gotta go do my homework....

And now I don't even see the restriction anymore...

5/27/14
Ikonics Corp (NASDAQ:IKNX) Insider Joseph R. Nerges purchased 2,000 shares of the company’s stock in a transaction dated Thursday, May 22nd.

Thank you!

Happy Memorial Day Weekend! New artice out on IKONICS with updates from Digital Texturing Project Manager Jeremy Peterson!

http://seekingalpha.com/article/2236313-could-ikonics-seal-the-deal-with-3d-printing

5/2/14 5 Stocks ready To break out:

http://www.thestreet.com/story/12693789/4/5-stocks-ready-to-break-out.html

Wish I'd added at 25. Oh well. GLTA

Thank you.

IKNX - Ideas To Profit From General Electric’s Next Wonder Material - http://www.super-trades.com/profit-general-electrics-next-wonder-material/

Nerges buys 100k more of IKNX at $25 after earnings. This guy started buying on the open market in the $8's and last March they made him an insider so he gets all inside info. He owns 20% + of 2mm o/s shares. The fact he just bought 100k more at $25 = bullish.

http://secfilings.com/searchresultswide.aspx?link=2&filingid=9946221

I think earnings were solid, but priced in by the time they reported. Buy the rumor sell the news in effect I think

Thank you for the insights.

I enjoyed your s.a. article about iknx from 2013. I'm definitely not confident enough to trade this stock. The shares I've bought are tucked away.

I don't know if the price is down today because of manipulation or b/c of over-optimism, but if it dips low enough, maybe good to add.

I am long IKNX

Latest quarterlies out.

http://ih.advfn.com/p.php?pid=nmona&article=61951027

04/22/2014 From the Company's Facebook page:

Are you a Graphic Designer in the Duluth, MN area looking for a six-month, paid intern position? We’re hiring at IKONICS Corporation, attached is the job description. Message IKONICS Corporation for more details!

http://ikonicsimaging.com/wp/wp-content/uploads/2014/04/14_IKNX_GD_Intern_JobDescription.pdf

This is my favorite stock and one of the best opportunities I have seen in my 17+ years of trading. This is a thin stock with hardly any volume and can rise or fall dollars on little volume. In my opinion is not for newbies that have not traded low floats before or large positions as with any low float. Obviously management needs to execute and more communication on these technologies would be nice. However, this conservative management team has refused to hype anything until they are accepted in the market. But if they do execute the micro-machining and DTX businesses with only 2mm shares o/s seem like an unthinkable opportunity for revaluation. Compare the market caps of 3d printing companies with hardly any sales like VJET XONE etc. and divide by 2mm shares o/s. Lastly, they have 1.7mm in cash and a 1.3mm bank line they have not tapped in 2 years along with a current ratio of over 7 to 1. They said this quarter will be a record quarter. That combined with updates on the new tech progress could finally put this on the map again assuming management execution.

(This post is not investment advice - This is for information only. I am long IKNX stock)

This stock has only had high volume when price is jumping up. An impressive percentage of the holders are here for the long haul. If there is indeed an awesome earnings report this week, the few traders that remain will be able to ask for a lot more. Then what?

I can't imagine where the price will go once serious volume is traded. Only 150k/2 million(7.5%) outstanding shares traded in past 3 mos. despite an increase of 75% pps.

This is a growth-stage tech stock that is taking off during a time when short articles are encouraging investors to dump tech and switch from growth to value. There may be a reason so many investors didn't take gains when pps went to $30.

GLTA

This should be a nice earnings report is very firm, nice close range being established. IKNX

Link is broken, Superman

Read this about $GE new engine made of CMC http://www.pddnet.com/news/2014/04/next-generation-ge-jet-engines and look at how $IKNX has patent pending "breakthrough" tech on CMC being tested by the majors http://www.ikonicsaerospace.com


As a result, the CMCs are ceramics for superheroes. They are two thirds lighter than metals and tough enough to operate at temperatures 20 percent higher than their super alloy counterparts, at levels where most metals grow soft.

The materials and new designs will deliver big savings for airlines. The GEnx is 15 percent more fuel efficient than comparable GE engines and the LEAP could save airlines up to $1.6 million per airplane in fuel costs. They also generate fewer carbon and nitrogen emissions.

Making all these new engines, more than 8,000 in total, is a tall order. That’s why GE Aviation also started building seven new factories in the U.S. over the last seven years.

Here is another great article on the CMC process from June 2013 :

Read Article