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nlightn what is the implication with Leon DeJulius being on board of directors?
I know he is a high profile attourney, but what is he on board for? Is he a patent lawyer, a business development lawyer with connections, what else? Please let me know and thanks!
Now WHO IS Leon DeJulius and why should we care? Sorry I have been away for a while. Meantime I continue to HODL OWCP!
This site shows Leon as director of OWCP: https://www.marketwatch.com/investing/stock/OWCP/insiders?pid=78433539
Everyone who is anyone in cbd pharma wants to list tsx. But we don’t need to be listed for this to pick up. We will have patent acceptance soon and this will go to the moon! OWCP!!
Bitconnect comes crashing down...sorry to say but this boat is headed down...
Bitconnect was a US$1 billion+ Ponzi scheme that thrived on two things:
1. A rising Bitcoin price to gather attention
2. New investors to continue pumping in money
By creating their own coin (Bitconnect Coin or BCC) they created an artificial market by making people buy BCC with Bitcoin in order to lend BCC back to their "lending platform" to generate all the crazy returns that you've heard all about. Now the joke is on everyone who stayed in Bitconnect up to today because they have announced they are shutting down their exchange and lending platforms and "transferring all your lending wallet balance to your BitConnect wallet balance at 363.62 USD" - this is the "out" they always knew they had and hence why created an artificial market for their BCC coin which should have been called Ponzi Coin. Now everyone who was "lending" money through Bitconnect is stuck with BCC coins which are NOT Bitcoins, and in all likelihood BCCs are completely worthless now because there is no demand for them. Only supply. This is how a Ponzi scheme ends in the 2018 world
Visa is building an ethereum based payment platform: "We're seeking a strong developer experienced with #Ethereum and #blockchain architecture to be a part of
team tasked with building distributed application." Visa is working on Blockchain technology using ethereum for payment processing. Now just speculate the value of Ethereum if/when this is implemented.
Hire Link: https://www.smartrecruiters.com/Visa/743999653819658-blockchain-engineer
Project Link: https://usa.visa.com/visa-everywhere/innovation/visa-b2b-connect.html
Let’s hope for legislative action!
This is absolutely great news Candice!
Swedish News!!!! HIVE Blockchain Commences Ethereum Mining Operations in Sweden https://ceo.ca/hive?8588a540f24c
Letgo glad you clarified and got your shares! Sorry I was watching another ticker before close and missed your post! GLTA!! GO HIVE!!
You're welcome! New etf jan 17, last trading day to get in!
Blockchain ETF OPENING JANUARY 17! HIVE IN W/BIG-BOYS http://www.businessinsider.com/bitcoin-blockchain-etf-launching-on-nasdaq-2018-1 "An exchange-traded fund that bets on companies with blockchain technology is set to start trading on the Nasdaq Stock Market on Wednesday January 17, according to a person familiar with the matter.Exchange operator Nasdaq and Reality Shares, an ETF issuer and index provider, unveiled an index in November designed to capture the growth of blockchain technology. The Reality Shares Nasdaq Blockchain Economy ETF by Reality Shares will be based on that index and is anticipated to start trading Wednesday, a source told Business Insider."The Index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others," a preliminary filing with the Securities and Exchange Commission said.It appears the fund will be the first of its kind to trade on a US exchange. VanEck's Semiconductor ETF gives exposure to the blockchain ecosystem via semiconductor companies which make chips required for bitcoin mining. Blockchain is best known for being the technology underlying cryptocurrencies like bitcoin, but it also has multiple applications outside of cryptocurrencies."
If you zoom to 2 year chart notice accumulation increasing. Use accum/distribution indicator. Now why do you’all think that is?! Smart money is accumulating this stock, buy the lows...
$OWCP
News out for ETI and MWX
https://web.tmxmoney.com/article.php?newsid=5087215479575206&qm_symbol=ETI:CNX
Buy alert. PRELF ABOUT TO DOUBLE:
(prices in Canadian dollars)
https://ceo.ca/@Goldfinger/as-ethereum-continues-to-climb-this-companys-share-price-could-double
January 10, 2018
As Ethereum Continues To Climb This Company's Share Price Could Double
Ethereum mining profitability has soared in recent weeks in unison with the price of Ethereum:
In addition, Ethereum now holds a record high percentage of the total cryptocurrency market (~17.5%) while Bitcoin now holds a record low percentage of the total market (~33%).
A company which I have been following since it began trading on September 18th, HIVE Blockchain, has focused on mining Ethereum (it also mines to a lesser extent Z Cash and Ethereum Classic). HIVE has been aggressively building out scale at an unprecedented pace during the last 3 ½ months. With its recent C$115 million capital raise HIVE is expected to be able to fully fund the completion of the 20.0 MW Sweden Bitcoin Data Centre and the 6.8 MW Phase 3 Expansion at the Sweden GPU Data Centre.
Upon completion of all planned phases HIVE will have a total of 24.2 MW of GPU-based and 20.0 MW of ASIC-based mining capacity across Sweden and Iceland. One of the knocks on HIVE has been the company’s lack of transparency regarding hashing power which would allow analysts to more accurately forecast the company’s rate of mining and the size of its coin portfolio. However, it’s not difficult to develop a rough estimate of HIVE’s profitability as well as an estimate of the size of its current cryptocurrency coin portfolio.
I estimate US$25,000 in gross revenue for each 1 MW of mining capacity using a US$1,000 price for each Ethereum coin. Once the planned build-out is fully completed that would mean US$610,000 in daily GPU-based revenue – using a ~65% gross margin (derived from the margin seen in financials reported on November 29th) these estimates would translate to US$400,000 in daily EBITDA which would in turn translate to US$146 million in annual EBITDA from GPU-based mining.
If we add in the planned 20.0 MW of ASIC-based mining capacity (Bitcoin and Litecoin are mined using ASIC-based hardware) and use similar gross revenue estimations and gross margins we are able to derive an additional US$325,000 in daily EBITDA (~US$119 million in annual EBITDA). We now have US$265 million of annual EBITDA using conservative crypto prices (below current market levels), but now it’s time to factor in depreciation (very important for tax purposes). HIVE is able to depreciate its mining equipment and data centers at a rapid rate which reduces taxable income. Once all planned phases are built-out HIVE could easily depreciate up to US$25 million in the first year. If we then subtract US$50 million of G&A expenses (general and administrative) we get US$190 million of pre-tax net income. Given the favorable tax status that cryptocurrencies have in Switzerland, where HIVE’s trading operations are located, US$190 million of pre-tax net income likely translates into at least US$160 million of after tax net income.
What is US$265 million of free cash flow and US$160 of after tax net income worth in the market these days? Putting a 10x multiple on the net income number gives us US$1.6 billion which equates to roughly C$6.75/share for HIVE shares (using a $1.25 USD/CAD exchange rate and a 300 million share count for HIVE). At HIVE’s current share price of C$3.40 we could say the market is giving HIVE a 5x earnings multiple for these future earnings and quite likely not even factoring in growth, more likely the market is expecting cryptocurrency mining margins to decline towards zero over time. If you believe like I do that cryptocurrencies could eventually grow to a multi-trillion dollar market and that Ethereum will grow to be the largest cryptocurrency by market cap then HIVE is a great way to position yourself.
To be clear, this is a rough analysis and I am going on the best available information I can find until we receive the next quarterly financials at the end of February. I feel like I was probably conservative in some of my analysis including G&A (too high), tax rate, and crypto prices.
There are a few catalysts which I anticipate can help move HIVE’s valuation back towards the upper end of its historical price range:
Announcement of completion of Phase 1 in Sweden.
HIVE shares added to more ETFs as they begin trading, such as Reality Shares Nasdaq Blockchain Economy Index.
An announcement regarding institutional block sales of newly mined “virgin” coins – this is another area of the cryptocurrency market in which HIVE is a pioneer.
Quarterly earnings report (end of February).
HIVE also has another advantage by being located in extremely safe jurisdictions with low temperatures and low energy costs (Iceland and Sweden). The importance of jurisdiction was recently highlighted by China’s government announcing that it will be unwinding its cryptocurrency industry. HIVE shares look cheap to me and a double from current levels over the next 12 months seems like a reasonable, and actually potentially conservative, forecast.
From a technical chart standpoint HIVE looks like it’s getting ready to make a big move soon (low volume and narrow range consolidations often precede high energy, high volume breakouts) – a breakout above C$4.15 would target a move up to C$5.25 and send HIVE shares well on their way back towards the all-time high and my fundamental fair value target of C$6.75:
$JPOTF @$.05 Buying Miners in Romania/Canada: I would like to share:
1) First the NR:
Jackpot Enters Into an LOI for the Creation of a Cryptocurrency Affiliate Jan 4, 2018:
https://ceo.ca/@fscwire/jackpot-enters-into-an-loi-for-the-creation-of-a-cryptocurrency
- The Assets include existing cryptocurrency Electrium mining operations located in a former NATO storage facility in Budapest, Hungary which have grown over the last year to over 180 cryptocurrency mining rigs.
- the Seller Group’s management and operating team will assume the direction of Electrium
- plans to significantly scale-up and expand into new facilities in Quebec, Canada.
2) I found Electrium Mining website (And info on CEO: Andrew Szabo): http://www.valhalla-mining.com/
"Andrew G. Szabo, CEO, launched his first internet company in 1996. He co-founded Date.com. Andrew co-founded Valhalla Mining in 2017 and is overseeing the development of artificial intelligence components of Electrium.”
3) I found an old url using way back machine internet archiver from June 2017: https://web.archive.org/web/20170625103531/http://www.valhalla-mining.com:80/results/
They have 180 rigs, therefore:
From the old url page, which was used as a sales page to sell their mining services:
1) they mine bitcoin.
2) in June 2017, one machine was able to mine 0.47425 Bitcoin
3) So at today's bitcoin value ($15,000) it would equal approximately $7100 USD.
4) 180 machines then would amount to $1.28million per month, yearly $15.36Million
5) Total Net Mining Results are calculated with the deduction of management fee
6) $JP market cap is $19Million at the moment.
4) Saw the following forward looking statements on Electrium site also: "The Future of Electrium is Beyond Mining"
Starting 2018:
1) Rigs ordered. Quebec, Canada data center to open Q1/2018
2) 4631 rigs operational Q2/2018
3) First bitcoin ATM placed Q2/2018
4) Trading platform launched / B2B/B2C Q3/ 2018
5) 15,000 rigs operational Q4 / 2018
6) 32,000 Rigs operational Q4 / 2019
7) launch lending business Q4 / 2019
8) launch crypto investment banking, acquire blockchain technologies, lead mining consolidation, target 80K rigs Q4 2020.
Here is a snapshot: http://cdn.ceo.ca/1d59hsr-future-of-electrium-is-beyond-mining.jpg
This is an interesting find! It certainly is an aggressive plan. 80K rigs is a lot!
Hope it all works according to plan!
$JPOTF Jackpot Digital @$.05 Buying Big Miners in Romania/Canada: I would like to share:
1) First the NR:
Jackpot Enters Into an LOI for the Creation of a Cryptocurrency Affiliate Jan 4, 2018:
https://ceo.ca/@fscwire/jackpot-enters-into-an-loi-for-the-creation-of-a-cryptocurrency
- The Assets include existing cryptocurrency Electrium mining operations located in a former NATO storage facility in Budapest, Hungary which have grown over the last year to over 180 cryptocurrency mining rigs.
- the Seller Group’s management and operating team will assume the direction of Electrium
- plans to significantly scale-up and expand into new facilities in Quebec, Canada.
2) I found Electrium Mining website (And info on CEO: Andrew Szabo): http://www.valhalla-mining.com/
"Andrew G. Szabo, CEO, launched his first internet company in 1996. He co-founded Date.com. Andrew co-founded Valhalla Mining in 2017 and is overseeing the development of artificial intelligence components of Electrium.”
3) I found an old url using way back machine internet archiver from June 2017: https://web.archive.org/web/20170625103531/http://www.valhalla-mining.com:80/results/
They have 180 rigs, therefore:
From the old url page, which was used as a sales page to sell their mining services:
1) they mine bitcoin.
2) in June 2017, one machine was able to mine 0.47425 Bitcoin
3) So at today's bitcoin value ($15,000) it would equal approximately $7100 USD.
4) 180 machines then would amount to $1.28million per month, yearly $15.36Million
5) Total Net Mining Results are calculated with the deduction of management fee
6) $JP market cap is $19Million at the moment.
4) Saw the following forward looking statements on Electrium site also: "The Future of Electrium is Beyond Mining"
Starting 2018:
1) Rigs ordered. Quebec, Canada data center to open Q1/2018
2) 4631 rigs operational Q2/2018
3) First bitcoin ATM placed Q2/2018
4) Trading platform launched / B2B/B2C Q3/ 2018
5) 15,000 rigs operational Q4 / 2018
6) 32,000 Rigs operational Q4 / 2019
7) launch lending business Q4 / 2019
8) launch crypto investment banking, acquire blockchain technologies, lead mining consolidation, target 80K rigs Q4 2020.
Here is a snapshot: http://cdn.ceo.ca/1d59hsr-future-of-electrium-is-beyond-mining.jpg
This is an interesting find! It certainly is an aggressive plan. 80K rigs is a lot!
Hope it all works according to plan!
Bitfury take a look at new DD on Jackpot Digital I just posted
It’s back!
DD fundamentals on Jackpot and I would like to share:
1) First the NR:
Jackpot Enters Into an LOI for the Creation of a Cryptocurrency Affiliate Jan 4, 2018:
https://ceo.ca/@fscwire/jackpot-enters-into-an-loi-for-the-creation-of-a-cryptocurrency
- The Assets include existing cryptocurrency Electrium mining operations located in a former NATO storage facility in Budapest, Hungary which have grown over the last year to over 180 cryptocurrency mining rigs.
- the Seller Group’s management and operating team will assume the direction of Electrium
- plans to significantly scale-up and expand into new facilities in Quebec, Canada.
2) I found Electrium Mining website (And info on CEO: Andrew Szabo): http://www.valhalla-mining.com/
"Andrew G. Szabo, CEO, launched his first internet company in 1996. He co-founded Date.com. Andrew co-founded Valhalla Mining in 2017 and is overseeing the development of artificial intelligence components of Electrium.”
3) I found an old url using way back machine internet archiver from June 2017: https://web.archive.org/web/20170625103531/http://www.valhalla-mining.com:80/results/
They have 180 rigs, therefore:
From the old url page, which was used as a sales page to sell their mining services:
1) they mine bitcoin.
2) in June 2017, one machine was able to mine 0.47425 Bitcoin
3) So at today's bitcoin value ($15,000) it would equal approximately $7100 USD.
4) 180 machines then would amount to $1.28million per month, yearly $15.36Million
5) Total Net Mining Results are calculated with the deduction of management fee
6) $JP market cap is $19Million at the moment.
4) Saw the following forward looking statements on Electrium site also: "The Future of Electrium is Beyond Mining"
Starting 2018:
1) Rigs ordered. Quebec, Canada data center to open Q1/2018
2) 4631 rigs operational Q2/2018
3) First bitcoin ATM placed Q2/2018
4) Trading platform launched / B2B/B2C Q3/ 2018
5) 15,000 rigs operational Q4 / 2018
6) 32,000 Rigs operational Q4 / 2019
7) launch lending business Q4 / 2019
8) launch crypto investment banking, acquire blockchain technologies, lead mining consolidation, target 80K rigs Q4 2020.
Here is a snapshot: http://cdn.ceo.ca/1d59hsr-future-of-electrium-is-beyond-mining.jpg
This is an interesting find! It certainly is an aggressive plan. 80K rigs is a lot!
Hope it all works according to plan!
Datametrex Graph Blockchain Announces Collaboration Agreement With Revive Therapeutics to Develop a Patient Data Blockchain Platform
TORONTO, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that its subsidiary company Graph Blockchain Limited has signed a Collaboration Agreement with Revive Therapeutics Ltd. ("Revive") (TSXV:RVV) (OTCQB:RVVTF) to develop the blockchain component in Revive’s proprietary patient-focused program enabled by artificial intelligence (“AI”) dedicated to the medical cannabis industry.
This agreement is in addition to the previously announced contract between Nexalogy and Revive on November 27, where Nexalogy will use its proprietary social data discovery solution, NexaIntelligence, to unlock the value of data related to medical cannabis collected from social media networks and internet environments such as discussion forums, blogs and news sites.
“The collaboration with Graph Blockchain complements our current relationship with Datametrex’s AI subsidiary, Nexalogy, and is an important piece of our plan in building our concept of a patient-focused platform enabled by AI for the medical cannabis industry,” said Fabio Chianelli, President of Revive.
Andrew Ryu, Chairman and CEO of Datametrex AI stated, “We are thrilled to sign a second contract with Revive and look forward to developing a complete package of Blockchain and Artificial Intelligence solutions for them. This is an explosive area and our solutions will assist Revive in delivering vital data for patients. We are in talks with a number of Marijuana Licensed Producers and see an opportunity for Datametrex AI and Graph Blockchain solutions to become the leader in providing these solutions for the Cannabis sector.”
About Revive Therapeutics Ltd.
Revive Therapeutics Ltd. is focused on the research, development and commercialization of novel therapies and technologies for the medical cannabis and pharmaceutical sectors.
Clay: “Clear as day, chart going I upwards direction.” Higher Lows and building up!
Clay: “clear as day, chart going upward direction”
Today was a beautiful consolidation from a massive run yesterday. Congratulations to all longs!
$OWCP$ long and strong, dollar land coming!! 50/200 golden cross on its way!
Wow! Well Well, what a jewel we have found here!
What was mentioned in the 8K about Pfzer? Can you please post a link? Thank you kindly.
OWCP NOT included in ETF, But when we get TSX and/or sales, we will make it in there!
50/200 GOLDEN CROSS IS COMING...
no gap to fill, rsi not even overbought, still got juice my precious!!!
Blow off top. I sold
Whoever wonders why this is moving read this:
“To date, our intellectual property portfolio comprises 7 patent families and includes 21 filings in selected domains at various stages from PCT filings, National Phase filings and Continuations in Part (CIP). Two of the patent families are in the field of Multiple Myeloma and the other families are in the fields of pharmaceutical emulsions, Fibromyalgia, Migraine, Sexual Function and Skin Disorders. These filings encompass pharmaceutical compositions and devices in these fields.”
See page 16 of the 10-Q if anyone has any doubts about the existence of patents.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12381637
Mods can you sticky this condom patent application from USPTO? thanks
I think this news is not new. I can’t find it anywhere else. Can you find another source?
BBC Study: VAPE more popular than smoking marijuana amongst teens: http://www.bbc.com/news/world-us-canada-42358149
Yup buy the dips! Higher Income and higher lows! We are making our way up!
OWCP should go for inclusion of First US Marijuana ETF just started trading 2 days ago with 30+ holdings: https://mjbizdaily.com/marijuana-etf-begins-trading-us-exchange/ $MJX on NYSE.
First US Marijuana ETF just started trading 2 days ago with 30+ holdings: https://mjbizdaily.com/marijuana-etf-begins-trading-us-exchange/ $MJX on NYSE
Let’s do it! $4-5 possible here - $6 not unlikely