Big Tex 200..
Looks like this has began. [https://jobsearcher.com/j/construction-project-manager-at-apld-hosting-in-garden-city-tx-lo03Z5m][https://jobs.disabilitytalent.org/job/300310204/construction-project-manager/]

Industry/Region Outlook
https://finance.yahoo.com/news/middle-east-data-canter-market-133100082.html
https://www.reportlinker.com/p06221897/Middle-East-Data-Center-Market-Industry-Outlook-Forecast.html?utm_source=GNW
https://cryptoinsight.ae/uae-set-to-become-a-global-hub-for-nfts-and-crypto/
https://cryptoinsight.ae/uaes-phoenix-tech-orders-crypto-mining-rigs-for-650-million-the-largest-deal-on-record/

Springboard Up.?.
There's been a lot more volume here of late since the waterfall drop.
Quite notable since OTC volume has really dwindled, and APLD really
was never a big volume mover. Here 100k is heavy.
Looking to break over $2 hopefully.

~$1.6M in dollar volume beat this from $4 to $1.50.

Stick With It..
If you swapped TCRI for APLD back in Dec, you got a good barter ratio. I guess somewhere around 2-5 shares of TCRI for every share of APLD. A good swap, considering the state both are in currently.
I think APLD has a great future, a rocky present as a stock, but a great future as a company. You have to really admire the haste by which they have developed here. It certainly helps that BitMain/Antpool & all the rest of the Chinese behemoths are looking for new hosting/data centers all over the world & are playing rainmaker to so many data center infrastructure projects right now. The US is taking on a ton of these projects & APLD really did a fantastic job is getting their site/s up & running. This is a growing space, so many states are vying to get these projects.
I would certainly not advise selling TCRI at the moment there is too much upside potentially on the present market cap/share structure. Currently it's only a ~100M entity. APLD is sitting above ~500M. APLD ofcourse has had share issuance past above the initial shell structure & I suspect TCRI will as well. There's an interesting upside should the right parameters play out on TCRI. If they[Phoenix] bring their mining/hosting business into TCRI, the spike on the price could get that $100M cap to 10x+.
Here at APLD, while I would say it's good to have a position. I'm still a bit leery of a possible R/S for this NAS listing sometime upcoming.
https://www.nasdaq.com/articles/the-impact-of-reverse-splits-on-low-priced-stocks-2021-10-28

I guess to answer your question, while I would have an position in APLD, I would not trade the immediate prospects of TCRI to come back to APLD. I don't think APLD will return the same percentage gain as TCRI will over the next say 3 months. If/when APLD nears NAS listing then really it's a crapshoot as to how receptive NAS will be to them in terms of price move. Revisit the swap thought when TCRI makes it's true move upon 8K release. Your swap ratio then may again be that 2-5, this time the other way around!! JMHO
*for full disclosure, I am on both APLD/TCRI, and am the iBox manager for both boards*

1 Year Rewind...
Took a glimpse of how this looked about 1 year ago.
https://investorshub.advfn.com/Applied-Blockchain-Inc-APLD-28410/?NextStart=232
At that time this ticker was ~$1.M market cap shell, with $9.1M O/S
Stock was reinstated on 12/03/20, became a custodianship soon after, and was then picked up in 2/21 by Wes &Co.
A lot of the posters that were on here have fallen off or are in hiding. As a custodian play, this did really well. The of late rapid decline from $4 will be weighted down a bit with the 1:6 R/S overhang as a likelihood. Not sure I have seen stocks with possible R/S move strong to the upside into an R/S, add also that this no longer is tied to ETH as much, so this will be interesting to observe. GLTA

Another Rough Week Here.
3 out of 5 days were green, but it couldn't manage a green week.
Downward pressure bottomed at $1.35, volume has been above average.
I'm afraid that has hit a reset point. We shall see if anything comes in to break this trading channel.
Well below all retrace points. Weekly downtrend needs to break.

Someone Slip You a Pill??
There's a bit of disinformation in what you are presenting as open conversation. So yes, they attend a conference in Dubai where all the world miners attended on the sponsorship of BitMain the leader in mining equipment & it's a problem? Yes, this stock is not $5, primarily due to the announcement of a R/S on 1/24 via an S1 amendment. Zero volume?, it's never had volume, there's 7.7M shares in the trading float, what sort of volume do you expect?
Crypto is plummeting? Sure nuff, 50% chop off the top likely for total crypto cap.
5c a year ago, this was a shell with 9M O/S, and it was not acquired until later. If anyone is on the bag hold here, I feel for them but it has more to do with the R/S than anything. I suggest you check out their website. You seem to think this is some sham entity. I suggest you look at the reports in a prior post about the growth in data infrastructure spending.
As for liquidity, the OTC liquidity has been weak. But here it's problematic due to there just not being a large float. Anyway, I don't really know what else to say to you. But GL if you're on here or not. While I'm not a fan of the R/S here, what as a business is being built will have value, and a NAS listing will assist that liquidity. JMHO

Black Eye Pill..
I'm not sure what exactly you were referencing, and this post of yours I am going to pull as off topic. APLD, is for the most part a data center hosting business- crypto associated. But really not sure the angle of your post. I will leave the quote here, but am removing your post.

Spot On Mark..
Not sure why the SEC doesn't have it up on their site. [https://sec.report/Ticker/tcri]
It's on fintel, https://fintel.io/sf/us/tcri
Quite Odd..Would expect the sec site to be the lead on it. Thanks for the info.

Hey Mark..
Aside from the 8K, aren't they due/overdue on the SEC side for the latest 10-Q? This was the last reported 10-Q For the Quarterly Period ended June 30, 2021[https://sec.report/Document/0001683168-21-003704/]
https://sec.report/Ticker/TCRI

Just wondering if they will have an issue staying pink current on OTC.

It's Been Hinted At Prior.
As early as the Dubai BitMain Conference the "hosting only" word were echoed by Wes. Haven't ran through the many prior S1s to see when they first indicated. But it would appear there's likely more stable revenues in hosting/data center business & buildouts- especially since the China ban. Their mining maybe sticks around until it gets phased out/sold. Guess they could always change as well. But the "pure play" ETH mining might be a wrap here as there will be no scale out.These data centers are the new rage worldwide.
https://www.prnewswire.com/news-releases/global-blockchain-technology-market-to-2028-public-cloud-segment-is-expected-to-retain-its-dominance-over-the-forecast-period-301438040.html
https://usdc.vn/blockchain-technology-and-its-potentials-to-the-future-of-data-center/
https://www.idc.com/getdoc.jsp?containerId=prUS47617821

Another S1/A, v.6 Filed.
Nice to see the uptick to start the month, less volume green tick.
https://fintel.io/sf/us/apld?
https://fintel.io/doc/sec-applied-blockchain-inc-1144879-s1a-2022-february-01-19024-9018

"Mining Cryptoassets: the company currently self-mines Ethereum. Operations will not expand."
"Accordingly, we have determined not to use further resources to expand our cryptomining business at this time."
"We do intend to hold digital assets we mine for investment or conversion into fiat currency for working capital purposes.
We expect that we will exit our mining operations in the future."
R/S language still looks to be intact, with some language change.

Let's see if a green week comes about, can it get back over $1.90!?!

Impressive Month on TCRI
177% Uptick. Impressive Dollar Volume/order flow. Onto February.

Quite A Month,,
64% Haircut!

Whole Week Could be Scorch Trials.
The B/A spread is actually pretty tight on the trades going off. With the low float, you would expect it to be a bit wider but it's in free fall and that B/A has not opened up to where you see it move big on a trade. In the past, the wide B/A helped the swings. $1.35 is the new bottom, may breach that tomorrow. We shall see how it goes. The velocity of this decline is remarkable.

$_pike$..
A lot of money is flowing through since this S1a dropped. Looks like it could be an orchestrated share grab as well. Perhaps all available retail share are getting captured by large/r entities. Shenanigans are part of investing life. Volume precedes Price! LOL, GL!

Making Sense Of This Post..
In Case people didn't get it! Took to bit to figure out what you were referencing.

Monday Afternoon Views

Troubled Waters Here Keep.
This one has been cratering [-60%] due to the release of the latest S1 amendment. Will it rebound? that will depend on management of this company, who essentially shot themselves in the foot by the mention of an Reverse Split of 1:6. It was uncalled for, unnecessary at that time (price was at or above $4) Now the stock will struggle to achieve any resemblance of stability. Retail investors are going to bleed here until they take action [new S1a, news, partnership etc]
There is no floor & in reality, $1 may be next. They essentially now NEED an R/S to make the price to uplist. Maybe this was their inside way of killing off all the legacy shareholders here. Everyone that bought now above $1.50 is holding a loss. Hard to believe. Those with any profits will bleed until they say enough and bail out. This can go as low as .66c and would hit the $4 Nas minimum on the stated 1:6 R/S.

Trash Pile is Here.
All You Can Eat!!
https://www.otcmarkets.com/stock/SLJB/disclosure

Hey Hock..
Could you remove your sticky on the 1/21/21 post you assigned. It's irrelevant. Seems some are thinking it's new.

*oes, Different Area Codes..
All are just plays, you engage the setup & can't control the rest. Sometimes they deliver, many times the falter. Of The 3, ARAT/APLD/TCRI...only TCRI has the capacity based on the setup to orchestrate a 50-100x. APLD has had it's best move already(15x in '21). ARAT may swing wildly, but it will likely not be able to maintain it with the liquidity issue. TCRI is a bonafide gamma burst explosion if it plays right. But again, the setup engaged, can't control the rest.

A Rat Came & Went. I was APaL'd
LOL. I had A RAT on a watch list as a custo/low float play way back when it was $1. With that price, I didn't throw anything at it. The liquidity concern there is real. Sure you can build a position but they barely move a few Gs a day. They have to get the liquidity & interest up. You look at TCRI & that I preferred as it was a RM play at a sub $7M market cap when I loaded. APLD was a sub $10M. These plays can be lucrative. But things have to line up. Luck sometimes have to be on your side. I have quite a few RM plays that right now on the OTC there just is no volume. No volume no runs. Last year was a anomaly, OTC is pretty dead right now. A few winners here & there but the lights got turned off after the last Stimmy!

Tiger's Money Honey.
I have to say that the S1a really has presented much for thought. I can only go with what I have seen. There have been 10 revisions since the onset of the first S1. Likely, there will be more as there are some material errors in the latest document re share count & date of etc.

*Uplists are not going through easily, the time duration on an uplist seems to be enormous at this time. I know tickers that are nearing a year, some that took a year to get the listing finalized. I do not think APLD is nearing an exit immediately off the OTC.

**B. Riley has become/will become by party a 10% owner in APLD. They have the capacity to enact bid support on this ticker. And, with the limited current float Say it's 7.7M based on the S1a stating that after the split 1,283,978 shares of common stock outstanding are unrestricted, so 6* that and you get the current 7.7M float.

***We have seen that it took $1.3M in dollar volume to move this lower from $4 to $1.90 current. $1.0M dollars is nothing to most institutional investors. Should they enact a decree to stabilize the price, it may only take a few million to reset this to the S1a pricing levels.

****Now the S1a, is setting up the capital share structure that they would like to be at on NAS. For this they wish for 54,763,534 O/S at the then $3.75($22.50 adjusted), equating to a market cap of ~$1.2B. Peers, like say MARA/RIOT are over 100M O/S. So I suspect there is room for flexibility on this structure. Much of all these share actions will not be dilutive as in truth the concern for liquidity is going to be there if in truth as stated the total unrestricted shares after the possible split is only 1,283,978.

*****This is just my opinion on R/S, yes I understand they are needed on the OTC at times for exiting onto better exchange. But, there's to me at least & I believe historical studies have been done on this, most R/S are poor mechanisms. For Big Money holders/Institutional, they can withstand an R/S as for them they have the luxury of time, large share class/lots & can withstand the shortfalls that occur with R/S. Personally, I would much rather have the larger lot of shares, than be reduced on an R/S. In the case here, if you had 100k shares here, upon split you have 16.6k. Before, when it would move up $1, you went +$100k, now that same post split position on a $1 gain makes you $16.6k.... It would take a $6 move to make the same amount of money. And the real question is what will be the propensity for an $1 move vs a $6 move. Most investors will say the $1 move is of better benefit, risk to reward. The $1 & $6 move might be equal on percent move, but I much rather have the smaller goal of a $1 move here current vs hoping for $6 later.

******The other thing is R/S often are traps, most brokerages do not convert post R/S split in time for them to be actionable on debut. So it splits, you're trapped, can't exit, if if should tank before your broker converts it's the ole no vaseline. So this is a Risk factor for the retail investor

I can't at this time see this going to your 50c target. And I suspect they are a long ways [months] from an actual uplisting. Plus, in the current market environment, it may be better business to hold off, so they could sit on it for a bit. I expect more S1a to hit the SEC site. They may release another s1 that removes the R/S entirely. The overhang of the R/S will keep some away. And some are going to exit. I do believe APLD, is setting up a phenomenal business and this in truth has been the first challenge since the reverse merger into this ticker. A lot has been accomplished, and this is not an ordinary OTC entity. Next weeks trading should be interesting, the volume here this past week was a lot for this ticker. Got to see what occurs on the follow up. It doesn't take much to move it. You look at the charts & see that it's buckled a few times & rebounded. But this new challenge will be with that R/S overhang out there. The unfortunate thing is their desire for an R/S is more hinged on setting the right share capital structure for NAS, and in that I think it will be inevitable that an R/S occurs. Just my long winded take on this, I know nothing and am rolling dice like many others LOL. Next week is important here!!

Big Chips..
B. Riley might have to pull out the price support card as well.
They are not rookies for sure, but they surely want the share structure to align a certain way. A PR/News doesn't do that, it may get the price to $4. But, if this is going to NAS, they don't want the present Share Structure there. next week's trading should be interesting. The volume here off the S1 was more than it's seen in a bit. JMHO.

Broken Trading Channel...
This stock was steadily trading over $4 for a bit & in the $3-4 range since October. In that time they've released 10 S1 filings, and the reaction was fine up until this last one. If they are seeking a particular share structure [~50M O/S] to uplist at, then really there's nothing to do but watch them R/S. They wish to list at ~50M O/S, not at the current share structure. To achieve that they've laid out their plan. They DON'T want to list at ~$4,they're hoping for ~$24. JMHO

Fancy Bags For Some.
Tough to think anyone that got in since October here now is either a bag holder, have exited or are maybe riding it out. The S1/RS notice really killed it- 50% shave off this week. It has increased volume 10 fold. Got to question why management chose to do that on that S1. Just a poor decision at the time when the stock was steadily at $4 & could have achieved the NAS minimum levels. They went an monkey wrenched this play up. Now that R/S overhang will for sure cause this to linger lower. Now some penny holder can dump their lots & sink it even lower. This stock has become a bit dangerous. $1.55 lows. Sept 1, 21 was the last time it was touching prices like that. This is in waterfall drop mode. JMHO fellas.

Yeah It's strange,
I have seen some R/S that created that illiquid scenario you presented. But most times the company go ahead and run right into it without regard. For ex GAME/TOMZ those two did 1:15, 1:8 respectively for their uplists. They brought their O/S down to 15M & 19M, got their uplists done & both are in dire straights after getting uplisted. I suspect at a certain point the "float" just becomes hedgies/funds/etc playing circle jerk with one another. The whole "float is locked" is the ole loch ness of the markets LOL.
If their aim here is to get to a 50M O/S company, then they will do what it takes to get that, and at the moment that will require an R/S. WE shall see..

Hey. Dub B's
Curious why you're using an "IF" when they have filed that there will be one upon getting NAS listing. I sense the folks here are not moving on the impression that the R/S is occurring when they in fact have priced the offering at then $22.50 or 6* then price of $3.75.
If an implied $22.50 is what they offering at, then the split ratio COULD infact be higher than 1:6. At $2 current it could be 1:11 to hit the offer price. It's all a mystery but I'm just wondering why some seem to be not taking the R/S filed more significantly. Ofcourse they could fail to get NAS listing too as well LOL

Impending Overhang of R/S won't help Price.
It took $927K of dollar volume after the S1, R/S notice on 1/24 to rock this 50% down. Can't see that kind of $volume re entering with that R/S looming as an overhang. Safer for buy side investors to wait to see if/when an uplist occurs & where the price is then. Why buy into an R/S??

New Local Competitor..
https://missoulian.com/news/local/missoula-businessmen-building-1-9b-crypto-mining-center-in-north-dakota/article_75e3ae2e-b6fe-5e4e-9a53-77c5a4536664.html
https://www.kxnet.com/news/state-news/massive-data-center-to-be-built-near-williston/

It'll Be Interesting.
Have seen too many R/S stories for my lifetime. The amount of times R/S are a recipe for success is limited. Anyone know any that an R/S occurred and the stock rose?????In my experience most R/S get shaved to 50%+ of debut [1st day] price.

I know only one & it really shouldn't count. TCRIF/ Score Media did a 1:10, for uplist then subsequently tanked 65% on NAS and then were bought out 6 months later by PENN at debut price.

Common Argument..
Yeah but let's be honest, do you EXPECT a $6 move?
This is where the flawed R/S thinking starts. THIS will NOT move $6.
Even at that S1 stated pricing of $22.50, a $6 move would be huge. I'm just not feeling it LOL.
Guess if the goal is to make money on a play, R/S tend to be a hinderance to it in some capacity.
Have any R/S worked is the other grand question LOL

Yeah, Unfortunate Really..
It's interesting that they have had two S1 amendments in January the one on the 6th and another on the 24th. The one on the 24th has been reactionary in the price cratering. With a looming/possible R/S who willingly will buy in now knowing the craziness that occurs with R/S on the OTC?? You buy 600 now & get 100 later, the trained lie that markets/fin media tell people is that R/S changes nothing. But R/S are highly detrimental actions to shareholders. Your dollar gain potential gets absolutely decimated!! Every tick move after a R/S means a whole lot less money than prior. The gain you would make on a $1 move now will require a $6 rise after. R/S are truly horrible.

Bad Timing Too I Guess.
Them disclosing a possible R/S the same week that cryptos/equities are battling for air can't be helping. Anyone sitting on a profit has to make that critical decision as to what may or may not happen. I have seen two uplists totally devour stocks [TOMZ/GAME] both R/S'd into the uplist & never ever saw success. While I like this story here, there's some negative factors sneaking in at the moment. Primarily the R/S which would not make this a money making position at that ratio. Got to ask the question of when the share structure is at your advantage & when it is not. Once they start to talk R/S it's going to be chaos.

Shall See About That Good Day..
I am thinking this likely sells off more to close out the week. I hope perhaps I am wrong. But, there's a bit of indication with the volume/dollar volume flow through in the last two days after the S1 released amendment & R/S mention. Got to measure the possibility of those with large share holdings contemplating if/when they get an uplist notification there will/may be no opportunity for exit for a while as shares are "trapped" on a R/S and many times you don't have the ability to trade out. Seen this occur many times, the stock does an R/S but most brokers don't convert shares immediately & you're left watching it go either up or down from the sidelines.

Not Liking It Much..
50% wiped out this week. And this is trending lower on heavier volume. Not a fan of R/S, and here it's no different. Tradeable float means very little if the other dynamics are failing. While I was worried prior about the "high" market cap at $1.3B, it's now $600M & I can see it going to $300M before it goes to $900M. Low volume can drop this to $1 in a blink. There's nothing to support an uptick right now. And the looming R/S is not going to help, nor an uplist.

Interesting..
They effectually priced the offering at "$22.50" which was $3.75 November priced*6 the reverse ratio. At this point we're looking at $2, or a "$12" offering at best. That ratio might screw us all if it has to shift even more. Reverse Splits are death nails to holders who have a nice size share holding, your dollar gains drop so dramatically on price moves. For ex. if you held 6000 shares here, for every $1 move you would be up $6k. On a 1:6 R/S you now have 1000 shares & $1 move only makes you $1k. I can see why some bailed. Wonder if Beener still on board, moves like this hurt guys like him

gHunt..
It's got me a bit confused, as it states the current O/S as of 1/19 is that 54M. And then they PLAN to make effective a 1:6. Or am I reading it wrong?

O/S Confusion...328M, 54M???
This is an interesting nugget on this S1. The O/S that has been up on OTC markets is 328M, of which it seems updated by the T/A. However this S1 states 54M O/S. Which would barely have this ticker at $100M Market Cap now. I was of the thought that the O/S was 328M.
SO in the case of an 1:6 R/S the O/S will be 9M?? Any thoughts, seems like many have left here. Been quiet.

What's The Feel On This Fellas??
Could this be the main culprit for all the bailing here??