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Bitcoin looking strong this morning. Need to get those 1000 new units mining.
Good to see Bitcoin holding a higher price. Hoping fins show CGAC is a true miner making revs.
Eager for Q3 fins with as LWR stated, "with a comprehensive lay out of production YTD". They've been in business for 7 months. Q3 will be shareholders first true look at CGAC's accomplishments since Q2 included only one month of mining. Meanwhile, watching Bitcoin price doing well.
Speculation is that a Bitcoin ETF that invests directly in Bitcoin will be approved by end of 2023.
While Bitcoin price is rising CGAC seems to be taking care of business. Company audit in progress, 500 plus miners hashing, potential of another 1000 units beginning to go online in December into early 2024, and OS remaining reasonable. Looking forward to the next fins release.
CGAC is recording revenue, paying bills, and making profits. They are literally printing money every day. Thats with their mining operation of 500 +or- units. Add another thousand by the end of December means more printing and more revenue. Bitcoin will eventually break through its current moving average to a higher valuation. Those with the most at stake will see this happens. It's just the way it works. Fortunate to be with CGAC when that happens.
I would hope they only sell enough to pay bills and hold the remaining for a higher price.
Interesting, has me curious.
You have no relevance.
Thanks for sharing, Stinger. IMO the latest news is revealing. CGAC has partnered with Compass Mining and Just For Krypto because they are moving at a faster pace than BFCH can provide. No negative toward BFCH, just saying CGAC is moving forward with their business plan with whomever can help achieve it when they need it.
Hey I like that, you're hired. Name change is needed. Also, some type of share reduction, or at least a lowering of the authorized shares.
Interesting news. I like it but it does raise some questions regarding the CGAC and BFCH relationship. Just For Crypto seems legit with a good vision and strong board of directors.
I've been thinking the same for a while. BFCH seem to like subsidiaries. Those being Liquid Immersion Worldwide Inc., ASIC Miners US, and Telesis I.T. BFCH also mine but haven't established a subsidiary for their mining operation. Merging with CGAC would fill that void.
Bitcoin holding ground. CGAC holding ground. BFCH up and down. People are not getting what's going on here. Jump in now or regret later.
BFCH up 48% today on hardly any volume. Maybe similar action coming CGAC's way.
Sure would be nice to get word the remaining 59 units are up and hashing before the end of Q2 on Friday. The batch of 353 units where hashing in under a month. June 2nd is too long a wait between updates.
Q2 ends in 12 days. Hopefully we get word prior to then that all 412 units are up and hashing making $$$. IMO there is more going on here than we currently know. That's neither pro nor con, just a comment. Becoming more curious about the relationship with BFCH.
New Tweet
CGAC may stay at the current price per share until there is verification of number of units hashing and revenue achieved via Q2 ending June 30th, to be filed around August 15th. I have no issues waiting. IMO it's just a matter of time until the potential here is realized and no longer speculated. Patience will prevail.
New tweet.
Fantastic update. Maybe over the next 7 to 10 days the remaining units will also be up and hashing. If that's the case, then CGAC has gone from shell to having 412 miners hashing in just a little over 90 days. Unreal that CGAC can still be had in the trips! Time to start dropping some 0's.
New tweet.
New tweet this morning.
Another new tweet this morning.
Makes sense to me.
I don't do twitter either, but you should find it at www.twitter.com/on4company. If you can get to it it reads: May 17, I'm going to Staten Island tomorrow to look at a Dairy Queen store. We are progressing very fast with this.
A new tweet was posted yesterday.
Stinger said it well with one word "Interesting". Termination of an interim CFO while the Q1 is due is interesting to say the least. I read the letter of termination more as "your fired" than thank you for your services but we got it from here. Right or wrong just an opinion. There is a reason CGAC had to file a notification of late filing for Q1. I'm glad the separation of CC from CGAC has been made. IMO it makes Code Green more legit, new management in full control. I have no concerns. Very glad to be on this ride of the "New CGAC" from its inception.
Notification of late filing with OTC Markets submitted.
Same here, I'm looking for information; not so much the revs.
On watch for Q1 filing this week.
Q1 should be out sometime next week. That will answer some of your questions and offer a bit of clarity.
Thanks for the info. Regardless, CGAC is still one of the best plays in sub-penny land.
That's encouraging considering an additional 412 Bitcoin miners will be on-line by mid-May as well as the Q1 filing around the 15th. Good to know CC is still on board and a possible share buy back and audited fins still in the works.
Just want to thank you for the effort and dedication you've put into keeping investors informed. There is a good group here that gets what is going on and willing to be patient. I am definitely BULLISH on CGAC.
Back to Pink!
Maybe lack of Attorney Letter for annual report.
IMO we don't have the complete picture yet. This is just the beginning with more to follow. The annual was unaudited so I'm still expecting audited financials in the near future. Share buyback may still be on the table. CC is now CFO so she'll handle those matters. A PR to clarify issues would be helpful.
Good for you and all that can buy/add. IMO, just a matter of time.
Absolutely! If you believe and trust, then load.
Regardless of how long it takes for the audit I don't expect to see the results until their Q1 filing around April 1st. I'm not certain about this but I believe they have to audit previous years as well. I'm good with waiting because the audit can only be a positive for shareholders.