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This is nuts. I'm buying more at opening. Hopefully I can get them ahead of the rush, but I doubt it. We will probably gap up and run.
$AXCG
Fake run on low volume and fluff news. It's even falling on low volume. If the volume of the selling picks up at all this will really plummet.
Bid collapsing. Time for the pullback. The question is, how far back does it go? 4's or 5's maybe?
People are regretting their 2 and 3 purchases right about now. I wonder how long until this is diluted into no bid?
I'm sure Eddie can declare a R/S in the name of a pretend currency once it does.
It's funny. They pretended to mine gold before Aruda and now they will pretend to mine fake internet funny money.
Someone had said news everyday this week. At first I thought that was ridiculous, but now....
Should be a very interesting week.
$AXCG
HUGE NEWS, I SMELL A GAP UP
This is going to be a huge week!
$AXCG
I hope most people here realize that everyone talking about hitting .001 or 1000% gains are intending to sell ASAP. Probably bought 1s and selling at 2 or bought 2 and selling at 3.
If you stick around waiting for 4's or higher you will be a bagholder in this dilution scam.
Hits on the 12! Get in now!
$AXCG
Bid support moving up from 10 to 11. This is definitely going to run soon. Hopefully we can get some nice news to help/sustain the run.
$AXCG
There will be nothing to chase. This POS is a scam. They dumped on the shareholders without a care and obliterated the PPS. Now they claim to be getting into Bitcoin, but their PR shows that they know nothing about it. It's a gimmick. You can't just buy some servers. You need expensive and highly specialized equipment to be competitive in Bitcoin mining nowadays. Anything bought from someone who was already using it will be outdated and useless.
It's more profitable to cater to bitcoin users and miners than to actually try to min them. But why should SRGL care? They just want a small rise is PPS so they can dump some more.
That's an impressive wall at 12. Any chance some of it is fake?
$AXCG
Why is the PPS so low here? I was thinking about jumping in, but I feel like I am missing something. Has there been dilution lately or something?
The OS is not 500K. It was ~600 million as of march, but probably closer to 1 billion since then if you factor in dilution.
How bad has the dilution been here lately? I notice the PPS has fallen hard the last few weeks. OTC lists the OS as 600M. What are more realistic estimates now post dilution?
Didn't you post an "email" in July claiming that there would be a PR? Either the CEO is a fraud or you are. Regardless, this POS is going nowhere.
From July 12
It was obvious that this was dead when the loser CEO issued himself a bunch of shares as payment, raised the AS, then got his product kicked out of the only store it was still allowed into.
Their migraine medicine is crap, no one can afford it and the MJ products are bogus, announced only to increase the price the CEO gets to sell his shares at.
And honestly, if you can't get high from it, who really cares about a MJ product?
I feel bad for anyone still here when the RS hits, because this will be reduced right back down to these levels through dilution. Where else would the company get money to stay open from?
Anyone know the share structure here? OTCMarkets info is old and I saw a post mentioning an AS increase. Is that true? When and from what amount to what amount? TIA
Looking for .001+ easily once website is finished. Just gotta hold out until then.
$INAR
I noticed that the OS is near to reaching the AS according to OTCMarkets.com. Has there been either an increase in the AS or any mention of a reverse split recently?
This PPS is ridiculously low!
We have Mr. Aruda at the helm and are heading into a very lucrative and popular sector with Bitcoin! There is no way the market cap can stay this low for long. See you all in the pennies!
$SRGL
$SLNX is overdue for news. I would be afraid not to be in right now. With the PPS so low, I see no reason not to be.
$SRGL SET TO ENTER BITCOIN ARENA!
Source Gold Corp. (SRGL) Enters into negotiations for the acquisition of Bitcoin and Alt coin mining technology
Jul 21, 2014 (eTeligis.com via COMTEX) -- RENO, NV, United States, via eTeligis Inc., 07/21/2014 - - Source Gold Corp: (OTC PINK: SRGL) (the Company") is pleased to announce it has entered into negotiations to acquire Bitcoin and Alternative digital currency mining technology which will allow the company to enter into the digital currency mining arena.
The Company is in the planning stages of developing a digital mine for the application of the technology currently subject to acquisition. The company has secured a source of servers available subject to the company receiving financing. The company anticipates the completion of negotiations, by August 1, 2014 with a due diligence period to be initiated upon completion.
The company is in discussions for financing for the server acquisition and expects to have a commitment prior to completion of negotiations or August 1, 2014.
The acquisition of the technology and financing commitment is subject to formal documentation which is being prepared subject to the completion of the final diligence process.
Source Gold intends to release more details on the location and the terms of the acquisition once the due diligence process has been completed.
ON BEHALF OF THE BOARD OF DIRECTORS,
$2,160,000 worth of Bitcoins are mined per day!!
That's $15,120,000 per week!
And $786,240,000 per year!
These figures are reached using 25 BC per 10 mins, valued at ~$600 per coin.
The value goes way up if the value of BC increases. It has hit $1300 in the past! Let's get our chunk with $SRGL !
Good intro to Bitcoin Mining!
Big building and ask falling!
$SRGL
Thin to win @ 11
@AXCG
$SRGL recently announced an intent to buy servers for bitcoin mining. Low float, rock bottom PPS.
WOW! Nice buy then immediate bidwhack down. WTF is going on here?
$XGEN
GOOD NEWS GUYS!!!
We sell shears now! Finally a real product! Thanks for the update linkvest!
$TLNUF
Or what they mean by servers? I assume they would be using ASIC technology? How many GH/s are we talking? TH/s would probably make more sense for a company.
Or are they intending to offer cloud mining? That would make the term servers more appropriate. But until they clarify, we just don't know.
$SRGL
I started mining bitcoins because of my research for this POS. Maybe I will recoup my losses from this turd. LOL.
Bitcoin Math
I did some research on Bitcoins and Bitcoin mining for obvious reasons. Here is what I found.
Current rate: 1 BTC = $600
~Every 10 minutes 25 new bitcoins are awarded.
-That's 150 per hour, 3600 a day, or 1,314,000 per year.
-That means ~ $657,000,000 worth of BC are awarded in a year. This is no counting transaction fees that are awarded on top of the 25 BC's.
-Transaction fee rewards are expected to grow as BC becomes more popular.
$SRGL
SLNX CANNOT BE STOPPED!
Up she goes. Where she stops.. nobody knows!
$SLNX
It's a conspiracy. Clearly the company is run by an evil clone with split personalities. It's just a front for the Haliburton weather control machine. But you can't look into it too much or the aliens will get you from their secret moon base.
Dell becomes largest company to accept bitcoin
Computer giant Dell announced that it will begin accepting bitcoin as payment, making the Texas-based company the largest business to accept the virtual currency.
Dell, which reported $56.9 billion in revenue for 2013 and employs more than 100,000 people, announced the decision to begin accepting bitcoin via a tweet by company founder, Michael Dell.
NEXGEN HOLDINGS' Paddock Pool Subsidiary Adds to Its Extensive Product Offerings Through a Joint Venture With SpaMan Spas
Paddock's Acrylic Spas Line-Up Includes the Top Brands Including: Bull Frog, Cal Spas, SpaMan, Viking and La-Z-Boy
MESA, AZ, Jul 22, 2014 (Marketwired via COMTEX) -- NexGen Holdings, Inc. (pinksheets:XGEN) announced today that it has entered into a joint venture agreement with SpaMan Spas of Arizona the state's oldest and largest Acrylic spa dealer and one of the top dealers in the country.
Under the terms of the agreement Paddock will become a SpaMan dealer and will carry the following top brands at the very best prices: Bull Frog, Cap Spas, SpaMan, Viking and La-Z-Boy. Paddock gains the 35 year experience and buying power of SpaMan. The deal does not prevent Paddock from carrying other brands and will enable Paddock to sell more Spas, at lower prices, with greater margins than before.
John Myers, CEO of both NexGen Holdings and NexGen Pools and Spas, stated, "This is a 'win-win' deal for both companies. SpaMan was looking for a north Scottsdale location and we wanted to team up with someone with the experience and buying and selling power of SpaMan."
Roger Abdin, CEO of SpaMan Spas, said, "Paddock is an iconic swimming pool brand and we are the State's leader is Acrylic Spas, it's a perfect fit to further develops both brands."
Steven Vollaro, Director of Sales for both of NexGen's swimming pool companies, said, "I am thrilled to be able to offer over 15 of the best selling Spas on the market. By combining with SpaMan we can continue to offer our customers the quality that Paddock has built its brand with while being able to do it at even better prices.
Steven continued, "Paddock has not had a spa line for quite a few years but as a SpaMan dealer Paddock hopes to regain its leadership role in this market and again sell over 130 Spas per year, or more from its Scottsdale location and generate at least another $1.2 million in annual sales."
Even if they just tone it down a bit, we should see a good spike today. Should be interesting to see.
$SRGL
Maybe after this fails they will announce an intent to grow MJ. Contingent upon getting a license, contingent upon acquiring funding that is contingent upon being contingent.
If it was going public, why would he need a gaudy website to entice private investors?