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And the leasing entity has expressed interest in selling the property to us in ten years when the lease expires.
It has already been approved for industrial operations, which should facilitate easy access to building and operating permits,
It is large enough to accommodate four of our mining facilities,
The average temperature is approximately 53°F, which is more than optimal for operating mining equipment. We will not be required to run costly air-conditioning equipment for the miners, and instead will have an evaporative cooling system, which will cut the electrical costs for cooling the miners significantly compared to traditional air-conditioning,
The average cost of industrial electricity in the area is 6.53c/kWh. With industrial rates in in the U.S. ranging from 4.13c/kWh to 30.82c/kWh, we are well under the national average cost of industrial electricity in the U.S. providing greater profit margins for our mining operations,
This building site was selected over other potential locations for several key factors:
We have opted to lease the industrial land needed to begin construction on our Cryptocurrency mining facilities instead of purchasing the land to lower the capital requirements to get up and mining as soon as possible. The money we would have used to purchase the land can now be used to immediately begin construction of our first facility.
Fredericksburg, VA, June 29, 2018 (GLOBE NEWSWIRE) -- BitFrontier Capital Holdings, Inc. (OTC PINK: BFCH) is pleased to announce it has signed a ground lease on approximately 1.3 acres of industrial land, with 1 acre being fenced in and secured.
BitFrontier Capital Holdings has two wholly owned operating subsidiaries, BitFrontier Capital Investments, Inc. and BitFrontier Technologies, Inc. Through the Company's wholly owned subsidiary, BitFrontier Technologies, Inc., the Company plans to build a warehouse specifically designed for hosting cryptocurrency mining equipment. Cryptocurrency mining (e.g. bitcoin mining) entails running ASIC (application-specific integrated circuit) servers or other specialized servers which solve a set of prescribed complex mathematical calculations in order to add a block to a blockchain and thereby confirm digital asset transactions. A party which is successful in adding a block to the blockchain is awarded a fixed number of digital assets in return.
BitFrontier Capital Holdings’ business plan is to concentrate on cryptocurrency related investments and development opportunities through cryptocurrency mining, investments in private and/or public entities, joint ventures and acquisitions of blockchain related companies.
Multi Pennies around the corner ...
Additional information about BitFrontier Capital Holdings will be available soon on the Company's website at https://bitfrontiercapitalholdings.com and current updates are posted regularly on Twitter at https://twitter.com/BitFrontierInc.
Additionally, we will be filing a formal court order in the near future to finalize the cancellation process of over 12 Billion shares of the Company’s Common Stock to be retired. We will provide an update once we file with the courts, so shareholders are able to track the status of the cancellation of these shares.
We have already been working to secure the industrial land needed to build the first cryptocurrency facility in anticipation of this qualification and expect to provide an update on the land by next week.
BitFrontier CEO, Spencer Payne, commented, “On behalf of the entire dedicated team here at BitFrontier, I wish to thank our tremendously committed shareholder base for staying with us throughout this complex process. It’s been quite an adventure, but the payoff is finally on the way.”
BitFrontier Capital Holdings, Inc. (OTC PINK: BFCH) recently announced that its Regulation A Offering has been qualified with the SEC. With the qualification of the Company’s Offering Statement, we will now begin to execute on our business plan of becoming a leader in the Cryptocurrency mining industry.
low float, very thin one ...
doubt it
“In addition to no longer having to ship the product over the Pacific, our new supplier is producing LALPINA in metal cans, which will increase the shelf life of the product by 100%. (90 to 180 days). This will greatly expand the pool of retailers who can now carry our product, expanding our potential reach, maximizing our ability to capture market share and drive revenue growth. The supplier can also produce CBD infused hydrogen and other hydrogen infused products that we are excited about and will be announcing as they become available,” added Mr. Fishoff.
Ryan Fishoff, CEO American Premium Water Corporation, commented: “This supply agreement is a pinnacle step in establishing LALPINA as the market leader in hydrogen energy products. This agreement not only provides us with a stable supply, but it also allows us to manufacture LALPINA Hydrogen domestically, which will significantly reduce shipping costs. It will also significantly reduce lead times, which will allow us to better utilize capital and not have it tied up with in-transit inventory.”
This agreement gives the Company a manufacturing partner that has the capability to scale. The first order for LALPINA Hydrogen has already been placed and the product will be available for sale across all channels in the next few weeks.
The company recently announced that they have entered into a long-term supply agreement with a US-based hydrogen beverage supplier enabling the company to increase and streamline production while reducing cost.
yes few ticks away from 0.02
The Company submitted a 1/A filing to the Securities and Exchange Commission for review on March 26th. The Company is awaiting feedback and comments before the offering is effective, which at that point will determine the offering price and number of shares to be issued. The Company feels this structure will allow it to raise non-toxic capital and giving it the means to start the uplist process, which is a goal of the Company’s to be completed by the end of 2018.
Men’s grooming is another that I see lots of potential for. I’ve also had exploratory discussions with CBD producers about incorporating CBD into topical skin creams. From my research in the market, I have not seen any products like this in the men’s luxury marketplace, and this could be a real niche category for us.
Gents provides tremendous growth potential for the Company. It’s a great brand that has broad appeal. The Company is in a position to invest in the brand, and diversifying the product offerings is a key part of this strategy. There are 35 registered trademarks for Gents. I want to start leveraging them. Apparel is one area that we are going to aggressively pursue.
“The Gents acquisition has already been successful for the Company. In addition to the revenue it has brought in, the Gents team has brought expertise in marketing and branding, as well as logistical & distribution support that will be utilized going forward as we ramp up the sales and distribution of LALPINA beverages. The intellectual capital acquired from Gents will be critical to for the Company to achieve its goals in the near and long term,” added Mr. Fishoff
Gents subsidiary posted revenue of $169,313 in the fourth quarter of 2017
“The Company is quite pleased with the market interest in our LALPINA Hydrogen CBD product. The demand is present across different retail channels and wholesale verticals. As more and more studies are released about CBD, there is greater demand in the marketplace for products. There is a lot more customer education out there as people are learning the difference between CBD Hemp and cannabis. CBD Hemp that has non-detectable THC is legal almost anywhere. The Company has a first to market advantage, and we look forward to capitalizing on our head start.” commented HIPH CEO Ryan Fishoff
$HIPH (0.016) MUST READ: Based on overwhelming interest, the Company has started exploratory conversations about forming a JV to create a THC-infused hydrogen beverage to be sold in states where cannabis is legal.
$HIPH (0.016) MUST READ: Based on overwhelming interest, the Company has started exploratory conversations about forming a JV to create a THC-infused hydrogen beverage to be sold in states where cannabis is legal.
$HIPH received in excess of a couple hundred thousand dollars in wholesale pre-orders for its LALPINA Hydrogen CBD product.
“Jack (Brewer) and the Brewer Group helped the Company in securing this transaction. The Company will be working with Jack and his team to promote this brand through various channels and leverage the celebrity following it has with Jack’s presence with athletes and entertainers. The Company will be following the Kith and Supreme model of leveraging existing retail to further build and develop the brand. I am really excited about the growth potential; this deal has the potential to bring in excess of $1million of revenue during the term of the license for the Company. This transaction will expand the price point’s offered by the Company and opens up many new distribution channels” concluded Mr. Fishoff.
Worthy (www.worthylux.com) is a New York based streetwear brand and sneaker store. The terms of the deal allow the Company the worldwide exclusive distribution of apparel and accessories outside of Worthy’s existing stores. In addition, the deal allows the Company to open it’s own stores under the Worthy brand. Worthy has become a go-to destination for Cardi B, Adrien Broner, Hennessy Carolina, and others celebrities, athletes, entertainers, and musicians to find the latest trends in streetwear and fashion. The Company worked very closely with The Brewer Group CEO, Jack Brewer, on this acquisition. The Brewer Group team will be working closely on marketing, social media, and athlete engagement for the Company to further develop the brand.
This brand (Worthy) allows the Company to tap into the every growing streetwear marketplace, and the team is really excited to start designing product for the brand” commented Ryan Fishoff, CEO of American Premium.
“The Company is very excited about the acquisition of Worthy and adding it to the American Premium family of brands. This brand has tremendous opportunity to grow and diversify the Company’s apparel revenue streams. It is very complimentary to Gents as it will have a price point that will allow for placement in channels that doesn’t service the Gents price point.
With Worthy’s celebrity involvement, including Cardi B, the brand fits into the Company’s guidelines of finding acquisition’s that fit within
The Company will place the Worthy brand under its’ Gents subsidiary operation and management, including its distribution channels.
$HIPH also announced that it has entered into agreement to acquire the worldwide license for apparel and accessories for Worthy, a New York based sneaker and streetwear brand.
NEXT 10 BAGGERS - SeeThruEquity - We initiate coverage on American Premium Water Corp. (OTC PINK: HIPH, $0.020) with a price target of $0.15. HIPH is a diversified company focused on premium consumer brands and products.