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Fandom Sports Enables Esports Odds Wagering Across Entire Gaming Portfolio
Vancouver, British Columbia – June 17, 2021-- InvestorsHub NewsWire -- Fandom Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FRANKFURT: TQ43) ("Fandom Sports" or the "Company"), is pleased to announce that the Company has successfully enabled odds-line wagering across the entire Fandom Sports ecosystem. Game titles include: League of Legends, Dota 2, Counterstrike:GO, Valorant, FIFA, Overwatch, Call of Duty, Rocket League, Rainbow Six, StarCraft BroodWar, King of Glory, Warcraft 3, StarCraft 2, and World of War Craft across the entire Fandoms Sports ecosystem.
On June 3, the Company announced the deployment of eleven additional game titles for dynamic predictions on top of the original launch of League of Legends, Counterstrike:GO and Dota 2 from Q1 2021.These deployments were based on Fandom's machine learning enabled neural network's derived predictions and wagers for Peer-to-Peer (P2P) interactions. Odds line wagering will facilitate a more robust consumer offering as Esports wagerers will be able to place bets against odds lines to further interact with their favourite Esports team and streams regardless of P2P availability.
"The dynamic capabilities of the Fandom Sports UIA platform will be used to refine the Company's data analytics proficiencies to remain at the forefront of wagering technologies for popular game titles. Esports odds line wagering rounds out our Esports offering and provides Esports fans with a centralized, comprehensive wagering experience. The Company will now be able to develop multiple revenue streams by acting as the house on other sides of Esports wagers. Our development team will also be analyzing the incoming odds feeds and game outcomes to optimize the platform's predictive capabilities moving forward. Fandom Sports remains committed to applying industry leading data analytics and presentation capabilities as we round out our Esports offerings and look to expand beyond Esports," states David Vinokurov, CEO and President.
June 17, 2021
HIVE Announces Nasdaq Listing
Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE:HBF) (the “Company” or “HIVE”) is excited to announce today that it has received approval from the Nasdaq Stock Market LLC (“Nasdaq”) to list its common shares on the Nasdaq’s Capital Markets Exchange. HIVE will retain its listing on the TSX Venture Exchange (TSX.V).
https://hiveblockchain.com/news/hive-announces-nasdaq-listing/
HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. We are listed on the TSX.V exchange and our shares will soon trade on the Nasdaq’s Capital Markets Exchange.
Chinese miners on the move, perhaps adding a new twist on the globalization story.
By a long shot, China has always had the most hashrate. Trouble is the miners there mostly burn coal, making China look bad in terms of carbon/air pollution, a major Chinese problem. Like whack-a-mole, the State has been unable to stop the miners which--like military mash units--can be torn down, moved and set-up quickly if necessary. Now it looks like China might ban mining completely. Some miners have already bought property in Texas, adding speculation others might also be headed for the Lone Star State.
https://www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html
Seems clear bitcoin mining is turning into a race to be largest and cheapest which will make Hive's work harder to profitably compete. Hive's success will be based on nuance, not on size. Quality over quantity. I don't think we know yet what this will look like.
Better than a sharp stick in the eye:
This May 2021 youtube video popped up this morning. DMGs CEO goes deep into the details. The psychotic stock market is wildly out of sync with true value.
Exactly my questions. And it's true, there's not yet enough info to know the big picture. Hopefully, it becomes more clear as more info is released.
Unlike HIVE's share swap with Defi Technologies where, if I'm not mistaken, HIve swapped shares for a 10% piece of this financial company, this Alpha deal has been left vague.
I'm positive on it, though. I think it's quite clear the long term blockchain mining story will be one of size. In the US, both Riot and Mara are aiming toward being massive. And the new Texas facilities, of which there are already many, have barely begun to build out. In addition to Riot and Mara, there are other behemoths, too. As this scale continues to grow, what's HIVE's option? buy or be bought?
Like the other Canadian miners, Hut8 and DMG, high quality small companies seem somewhat destined to be ground into the dirt as the big boots start taking over.
Frank seems aware and pointing HIVE toward new growth. Blockchain is opening up a new world of financial management, perhaps even a new type of company which manages the interplay between energy management and wealth management. The concept of both wealth and energy are changing. Seems like Hive has its eyes on this new world which is still in its early process.
Maybe Hive builds a perch at the pinnacle of green excellence as the /wealth angle continues to unfold.
Frank Holmes's past was involved in gold and traditional mining. So, it makes sense he's moving toward what he knows best, the financial and global wealth market. Both Defi and now Alpha are both financial firms. Also, the small but quality player Hive bought entirely,, GPU.One, I think was already working with an elite crowd. Maybe Hive sees itself competing better in these areas than simply building out additional warehouses of miners.
Today: "Vancouver, British Columbia - May 20, 2021 -- InvestorsHub NewsWire -- FANDOM SPORTS Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FRANKFURT: TQ43) ("Fandom Sports" or the "Company"), is pleased to announce that it has entered into a definitive license agreement with Intellect Dynamics for Intellect Dynamics' DataBioniX™ platform (the "License"). The license agreement provides for the exclusive use by the Company of the DataBioniX™ platform for wagering and predictions and is a critical component of the Company's Unified Information Access ("UIA") platform and its application to Esports, Sports and Streamed content."
This news seems good. The platform allows Fandom to not become reliant on any other company's platform. Imagine using Amazon Services, only to have the Amazon decide you've done something wrong and they cancel your ability to use their platform. So Fandom smartly found a home where such a scenario is not an option. They want to control their own destiny. Good for them.
That said, read the news release which the above paragraph was taken from in its entirety and you find its not a purchase, or a partnership, but a license. No details other than the option to pay cash or in shares for rhe licensing, not the owning, ie dilution. Perhaps as shares are transfered to Intellect Dynamics, a real partnership or share swap will grow but no details were provided. Still, it looks like a good move to gain freedom from censorship or shutdown worries.
chestnut42, I also own some Hut8. My take is the traders sell all uncertainty regardless of whether a company is good or bad. It's not personal. If it's good, somebody will buy back once the uncertainty is over. The traders don't care about company quality. Besides, my experience trying to sell then buy back at the right time hasn't been so good, so I don't try.
I studied blockchain until I finally believed it was here for the long haul, or at least for 25 years. Hard to remember now, but the internet had a few slow years in the mid-1990s, then a few mad years between 1998-2001, and between then and now it has become an essential tool in the arsenal of daily life. The internet is deeply flawed. Will blockchain be better? Who knows, but it will be the next best thing for as long as it can hold the top spot.
Too many daily posts here to keep up. Have you all chewed on this article yet: Iqstel, 5G and an unknown tel-carrier? It was posted this morning on Yahoo and Seeking Alpha:
https://finance.yahoo.com/news/iqst-iqstel-previews-network-carrier-123600672.html
Good questions. Here is an added contradiction.
Hive is clean energy, clearly dedicated to the cause. My post #3990 shows Kevin O'Leary hyping the future importance of "high quality coins." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163577480
O'Leary specifies clean coins vs "blood" coins, those made from coal.
Bitfarms has partnered with Binance, the unscrupulous Chinese crypto company and Chinese miners are pure coal belchers. While Bitfarms advertises green energy, not sure how their partnership with Binance holds up to scrutiny. Certainly this wrestlemania miner slugfest is being set up for the world to watch.
I happen to think blockchain and crypto-mining will power green energy into the future. The best rewards will go toward the non-blood coins which is also likely to include the new nuclear fuel known as HALEU, which burns 1000+ degrees less than the old fuel, eliminating the dangers of the old nuclear plants. If you dig into it, the future of blockchain is wrapped around energy management and is going to be one of the big industrial uses.
I think Hive is maintaining itself on the right side of the future, not so sure about the rest of main miners. I think ARGO and DMG are also dedicated to the green side, which is likely why they're being beaten down to provide proper entry prices for the whales who want them. Again, just my way of understanding how to read the ups and downs. GLTA
Ethereum: DeFi & Dividends Leads To $10,000+ ETH
May 10, 2021 1:53 PM
Seeking Alpha: https://seekingalpha.com/article/4426894-ethereum-defi-and-dividends-leads-to-10000-plus-eth
All the mining stocks were way up, and now they're less way up. And so now the normal balancing must occur. Each time the pros say crypto is a risky new asset class, this is what they mean.
This bullish Seeking Alpha article from today shows the following:
https://seekingalpha.com/article/4426884-bitcoin-get-ready-for-another-wave-higher
RIOT: down 50% from high and still up 2100% from it's low last year.
MARA: down 45% from high and still up 5000% from it's low last year.
HVBTF: down 44% from high and still up 1300% from it's low last year.
Note: Blonity usually gives this number every weeknight.
Thanks for posting the 40-F. Look at this line from the Table: "DISCLOSURE OF CONTRACTUAL OBLIGATIONS."
Perhaps this line will be the race. Let's compare this 40-F line with all the other mining companies to see what their answers are. Perhaps, we don't yet know, but perhaps Hive--being one of the few profitable companies thanks to the stable and long term plan of the new management team--will continue showing actual profit as they have over the most recent earnings reports.
Again, perhaps, if such minds still manage wall street, profit will finally get its rightful attention. We will see. The other miners have great stories, great photos and good PR writers. They're good companies, but all are operating on fumes. One caveat is that, assuming the price of BTC continues rising, then the big time HODLers like Mara and Hut8 might also show good balance sheets as they hold 1000s of BTC, not just hundreds. But I'm not sure how such assets show up on balance sheets. BTC wealth is not exactly profit. A company can lose a boatload of cash due to inefficient management and, if they happen to have a shoebox full of BTC, they can still look smart. But Hive actually manages a profitable company. Let's see who is paying attention to that.
And what about the line in the 40-F: DISCLOSURE OF CONTRACTUAL OBLIGATIONS? Question to answer: "Other Long Term Liabilities Reflected on the Company’s Balance Sheet under the GAAP of the primary financial statements."
Hive's answer in each category: $NIL. Nada. No long-term debt, just active purchase debt, presumably due to upgrading mining equipment.
Breaking news: "Life seen attempting to escape death. Stay tuned."
Has it finally become clear the stink of scandal never goes away?
https://seekingalpha.com/news/3690126-emerald-health-therapeutics-named-ex-terrascend-executive-as-coo?utm_source=advfn.com&utm_medium=referral
Emerald Health Therapeutics named ex-TerrAscend executive as COO
May 04, 2021 8:57 AM ETEmerald Health Therapeutics, Inc. (EMHTF)By: Khyathi Dalal, SA News Editor
Emerald Health Therapeutics (OTCQX:EMHTF) appointed 20-years industry veteran Mr. Moe Jiwan as COO, effective May 10.
Prior to Emerald, he served in senior leadership positions, including chief information officer and chief customer officer, for established cannabis and health companies, including senior roles at TerrAscend and Shopper's Drug Mart.
Mr. Orville Bovenschen, SVP, Operations, and Mr. Maheep Dhillon, VP & GM Richmond, have left the company.
The company also appointed Mr. Francois St. Louis as Site Director of its St. Eustache facility in Quebec to provide operational leadership for this facility and team.
Thanks. Interesting the RS was posted today and then happens tomorrow. What's up with it being so fast?
This email came from Bragg today:
Mr. Wondferful, Kevin O'Leary of Shark Tank fame, may be Frank Holmes' best friend. Here he is talking about the importance of clean coins, not "blood coins." Blood coins are those mined using coal, mostly by Chinese miners.
The lines are being drawn and Mr. Holmes understood this a long time ago.
It's all interesting, but the important part starts around 5:00.
Impressive is right: "Earnings per share increased to $0.30 from ($0.10) during the same period year over year."
That's a big deal. The 4th quarter was tremendous:
"... three-month period ending December 31, 2020:
Net income increased to $8,462,951 from ($5,148,592) during the same period year over year
Earnings per share increased to $0.11 from ($0.07) during the same period year over year."
If they can put together quarter after quarter of real earnings like this then the price will grow into Nasdaq levels.
I got this from Bragg email today and the report is dated Apr 26, 2021.
https://clients.haywood.com/uploadfiles/secured_reports/BRAGApr262021.pdf?inf_contact_key=b36a3e4f3e0d7ccc3001341ed1e86bda680f8914173f9191b1c0223e68310bb1
Haywood, the group which made the report:
https://www.haywood.com/who-we-are
yes, I agree, Nasdaq would be best. And while I don't like RS, I get that it doesn't change anything as the value of the company remains the same. I recently read an analyst putting a $3 price target on BRGGF, with worry about EU regulations which might bite into profits. But if they make Nasdaq, and if the RS happens, it would hopefully get the price above $5, triggering American companies and small cap funds to buy in because some have the $5 rule to purchase.
RS doesn't always work, but with BRAGGF making money, it seems unlikely a RS would lead to a backslide to $1 again. The story still shows growth and a solid business model. If true, it seems to me they will either make it on their own or become a takeover target. While my preference is they make it and grow a powerhouse, the intense competition of the space may require the larger to eat the smaller as a way toward growth.
Why work when you're sitting on a boatload of cash?
Those of you who own HIVE got an email today with a press release about the recent trade swap partnering HIVE with DeFi Technologies Inc.
In this press release was mentioned Miner Extractable Value (MEV). MEVs set up shop in the space between Ethereum and the defi d'apps, platforms upon which Eth works. MEVs are trying to regulate the fees.
Interestingly, last night's Chico Crypto's episode spoke of MEVs and the battle over ETH fees. Obviously, this involves the miners and HIVE is, as always, in the middle of it all. This episode of CC gets a bit wonky, but it's worthwhile if you want to understand how Ethereum is developing.
Here's the episode on Youtube:
Nasdaq has changed and can be a bit of a moving target which might be why some companies stay on the OTC. Different circumstances get diff results, and in spring of 2020 covid got Nasdaq to lighten the rules:
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/
Nasdaq requires $1.00 price. If a company drops below $1, it's given a warning and a period of time to bring SP above $1. If they don't, they can be delisted. It's why OTC exists.
Hating the OTC market is silly becuse many great companies began there. OTC is actually an opportunity for creativity and entrepreneurship. OTC is the opportunity to "prove it."
Unfortunately, an RS is not a guarantee of success and so it's not unusual that after a RS, it drops back to less than $1 again, requiring a second RS, leading to a downhill spiral.
Splitting or reverse splitting changes nothing as value remains the same regardless the number of shares. The only way out is real earnings. Not having earnings is a house built on sand.
Sometimes, though, it works, as in Tesla. But eventually, the earnings must appear.
Eth touched $2500 today because the Berlin fork upgrade took place. While there are some reported integration problems, I've read that if Berlin holds up, some estimate the price going to $3000. That could be a pretty good Eth week: $2k to $3k.
Is the RS a done deal or will it be the result of the vote?
Grant Johnson of GMBL talks about the recent acquisition of ggCircuit. This is a remarkable idea, purchasing a company which takes gaming computers--which is similar to crypto mining equipment--and makes them work in both directions: gaming and Ethereum mining. It's an out-of-the-box idea, to take advantage when gaming equipment isn't being used and switched to Eth mining. ccCircuit, apparently, created a business model which allows equipment to not let an opportunity go to waste.
Go to 23:19 time for Grant Johnson, GMBL:
CNBC's Rashaun Williams gives a nice overall picture of the state of the field, with Coinbase being crowned the new boss. Big holders likely sold miners to buy COIN. This move, IMHO, caused the entire cryptoverse to shift, downward for now until the whole thing is figured out again.
We are still in crypto infancy and, today, COIN was officially born. Have a cigar.
With COIN highlighting profit, perhaps it will bring the cryptoverse back to more ordinary metrics. We all know that if "regular" metrics mattered, then Hive, being one of the few profitable miners, would have been rewarded but this never happened. Perhaps COIN will bring profit, not potential, back into the conversation.
Williams, apparently, is somebody involved in the COIN IPO and jokes about how well he did. 4:40 minutes:
https://www.cnbc.com/video/2021/04/14/early-coinbase-investor-on-companys-trading-debut.html?&qsearchterm=rashaun%20williams
When the beatings begin, the innocent get hit, too, along with the guilty. IMHO, GMBL has its ducks lined up. But one can't predict the wind and right now it blows. Personally, I would like GMBL to find a blockchain upon which to work. Eventually, the entire gambling enterprise will be on the chain and so I hope GMBL's avenue is being lined up now. I recently came across a new blockchain poker site, Virtual Poker, with some big name support. It's private, so not investable. But the insecure online world is eventually going to give way to the secure blockchain (assuming it doesn't shoot itself in the head which still seems like a possibility.) While we're waiting, though, the blockchain has a good chance of surviving to live up to its potential as an upgraded, more secure internet. On that platform, GMBL needs to make its presence known.
This is interesting. It's look a war between Ethereum and Binance, perhaps others, too. It's about fees, but it's also about centralization vs decentralization. If centralization wins, IMHO, blockchain will split into the real vs the delusion. Doesn't get more interesting than this, but I doubt it will be good for SP.
https://www.newsbtc.com/news/binance-coin/bnb-soars-above-600-is-an-ethereum-flippening-on-the-cards/
https://www.financemagnates.com/cryptocurrency/news/is-the-binance-smart-chain-centralized-messari-researchers-raise-concerns/
The YouTuber Chico Crypto has long criticized Binance for its shady deals and centralized, not decentralized platform. If you search his past videos about Binance, you can locate and listen to the many critiques he has done over the past years.
Hard to understand a couple of weeks ago when company undercut its own share price by selling $5 million worth of shares at .24USD. They did a big favor for somebody but threw shareholders under the bus to do it Not cool. SP lost all momentum and now is stuck at the .24 price. Company needs to rebuild trust after that bone-headed play.
Bill + nuclear power means we're getting closer.
How Bill Gates' company TerraPower is building next-generation nuclear power
https://www.cnbc.com/2021/04/08/bill-gates-terrapower-is-building-next-generation-nuclear-power.html?__source=androidappshare
Sorry, hobo. My bad if I answered the wrong post. Using thumbs to type on my phone in bad lighting is never a good idea. What did I say that was mean?
You obviously know this, but most Canadian companies have exactly the same situation as HIVE & HVBTF. Nearly all Canadian pot stocks, too. The OTC allows a lot of freedom for small companies; that's why it exists. It's as common as toast.
And as a reminder, it's only months ago when HVBTF was trading at less than a dollar, so Nasdaq was out of the question then. It's only been a few months. Geez.
Chico Crypto and his research team show us the deep side of Ethereum on his Youtube channel. Worth of watch if you have doubts.
The offering said this:
It would be great if BRGGF went Nasdaq which has, I think, a $1 low limit. And if price does go below, there is a time period to get it back. RS is a tool to bring SP back up. The SP at close today is $1.74.
Are they worried? That worries me. I, for one, would be unhappy if they did a RS. They took a large payday months ago. Doing a RS split now would feel, to me, like a big F-U from them to us.
Why would SP go under $1? Unless the market craters, which could happen. If covid spikes across country again; that would do it. But I hope management isn't worried about this. If they are, they should be speaking about it, not just speaking about how great everything is. A RS is is bad news, would mean they are not sharing openly.
This is from the 10-K, Part 1, looks like page 4. This is as far as I've read so far.
The term Lightbridge Fuel is new, I think. Don't remember seeing it before. Also, the patents now make more sense and this means the new reactor companies, the small modular reactors (SMRs), can make their own Lightbridge fuel and gear up to hit the ground running. The start date here is said to be 2029. But significant groundwork will require community discussions long before building starts. So, discussions, politics, and building would likely mean it starts in 2022-23 to be ready for 2029. The goal is exactly what happened to me. Never would I have imagined owning a nuclear stock. HALEU changed my mind.
To be ready for 2029 will take the entire process: teaching the value of HALEU to the wary public, identify land, began building the SMR. And during this time, LTBR fuel production would have to begin. It's a long process vision which is beginning make more sense.