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Powder dry in case the five million dollar man strikes again.
It didn't pump so everyone dumped. Simple.
From PR, approximate net revenue/day = $17500 gross - $2816 electricity = $14684
Annual = $5,359,660
Sample bitcoin mining comp $RIOT:
Reported FY21 Q1 revenue = $24M, Annualized $96m
Mkt Cap = 2.8B
Multiple = 28
Valuation:
----------
$GYST, not including upcoming Fucoidan business:
Current Mkt Cap = $3.3M using 0.02 pps with 168M O/S
Using the comp multiple would yield a mkt cap of around $140M for GYST.
GLTA.
NEWS: Graystone Company Announces Subsidiary for Bitcoin Mining Operations and Objectives for 2021 GYST
FORT LAUDERDALE, Fla., May 10, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) announced today that it has formed a separate operating subsidiary. All of the company's Bitcoin Mining will be conducted through a wholly owned subsidiary, Graystone Mining, Inc.
Terahash are the units used to measure speed of the mining hardware for mining Bitcoin, with a TH/s equaling one trillion hash calculations computed per second. Due to the production and technical differences among the various BTC mining equipment available, from this point forward, the company will always discuss mining operations in terms of TH/s and will make its purchasing and acquisition decisions based on the following calculations:
1. Acquisition cost per TH/s 2. Power cost per TH/s.
Graystone Mining, Inc. plans to acquire 50,000 Terahash (TH/s) in calendar year 2021. Based on open-source calculators available through online resources such as NovaBlock, we currently expect the following results from 50,000 TH/s:
1. Daily Revenue: 0.30503539 BTC (or approximately $17,500 per day USD based on current Bitcoin price) 2. Daily Power Costs: $2,816 per day (based on $1.69 per month per TH/s)
*Calculated using: https://novablock.com/calculator
These calculations are subject to change based on increases in price for equipment, costs for power or fluctuation in price per BTC. Even with these variables, the company feels strongly that an aggressive approach to Bitcoin Mining will be very favorable toward creating shareholder value.
Looking good here.
NEWS 03/29/2021: "The Company has begun exploring the acquisition of Bitcoin (BTC) mining equipment in order to accumulate Bitcoin as a company asset on behalf of shareholders."
https://www.sec.gov/Archives/edgar/data/0001510524/000147793221001743/gyst_1u.htm
This paper is more up to date (2020) and explains how fucoidan functions as an immunotherapy against tumor cells:
https://cancerci.biomedcentral.com/articles/10.1186/s12935-020-01233-8
Link to anti-cancer properties of fucoidan paper (appears to be the one mentioned in the U-1):
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4584361/
News: Graystone Company Announces Initial Product, Fucoidan Longevity Booster
FORT LAUDERDALE, Fla., March 4, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) announced today its initial product to be launched, "Fucoidan Longevity Booster."
What is the "Fucoidan Longevity Booster": It is a powerful anti-inflammatory antioxidant blend with rejuvenating properties. The main ingredient of this proprietary blend is fucoidan, a complex polysaccharide found in many species of brown seaweed. We will use a nano Fucoidan Extract which increases absorption rates up to 5 times.
http://ih.advfn.com/stock-market/USOTC/graystone-pk-GYST/stock-news/84499995/graystone-company-announces-initial-product-fucoi
The Dudley Do-Rights have shown up to protect you from making money lol.
Highest close since 2015. .03+ here we come.
Let's go time to get this show on the road.
How are they going to collect anything from a foreign co?
Lol nice catch. But probably a registered agent thing...last one i used had 3 typos just in the address. Low wage workers smacking the keys as fast as they can to bill asap.
If it looks like toast and smells like toast...
This is showing on Etrade's Marketwatch feed this morning but not seeing it anywhere else. New news?
Sharing Services Global Corporation (SHRG) Announces Launch of New Beverage Product by Elevacity(R) U.S., LLC SHRG
Sharing Services Global Corporation (SHRG) Announces Launch of New Beverage Product by Elevacity(R) U.S., LLC PLANO, Texas, Oct. 19, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Sharing Services Global Corporation (OTCQB: SHRG) (the "Company"), formerly Sharing Services Inc., today announces its wholly owned subsidiary Elevacity(R) U.S., LLC, a leading producer and distributor of nootropic, functional beverage products with a focus on health and wellness, has launched a new product called Unwined(TM) , a relaxing, stress-relieving, sleep-promoting beverage that may help with immune support. The tasty, berry-flavored wellness beverage is a full-bodied, mood-enhancing drink made with a powerful blend of antioxidants, adaptogens, extracts and minerals. This proprietary blend of ingredients may help reduce excess cortisol and is designed to promote relaxation and sleep. "Our goal with Unwined(TM) was to give consumers something to help them relax after a long or busy day," said Keith Halls, CEO of Elevacity(R). "We are excited to launch this new product category, which addresses the current needs of our valued distributors and customers." A 30-day supply of Unwined(TM) retails for $65 and is available for purchase, along with Elevacity's full line of nutritional supplements, at elevacity.com and via the company's network of independent distributors.
When nasdaq listing bro?
The horn of the unicorn is only a flesh wound. May take some time but they'll find a way to pump these symbols 5-10x.
1x rev here. Finally buyable assuming Thatch Oblon Chan actually do something to earn their (generous) paychecks.
Fired up to see SHRG get pumped to a few bucks. The question is when.
Getting closer to 1-2 cent buy zone. Btw, any revenue yet?
Wow, pinkies-no-info now? Hadn't checked on this one in a while.
Lol epic.
Possible, far from oversold at this point. Started position at 11.6 here based on the blocks. Could still be many more to come.
Nasty red chunk pukage all over the walls in the 12s. May be dry heaves and pass out time around 200dma for the bounce. Watching.
GLTA.
All out, will revisit single digits.
Kudos, nicely run promo. But feels like they're getting close to shooting load, took 1/2 profit for now.
You're correct.
This one's acting like the no invitation to the big dance came in the mail.
Bathrobe on, sitting at home in front of her new Samsung QLED TV and crying into a large tub of Haagen Dazs.
Clown car lol.
Should have used a "facetious" tag ;) Consensus seems to be there's a therapeutic window open so the train's still on the tracks. And really hope these guys know how to hold a decent CC, Sievers should have the experience behind him.
Thoughts on next meaningful catalyst?
GLTA.
Sumting wong. Is it safe to say that the 0.2 data will not be pristine based on the fact they're holding a CC Monday morning? The price action seems to confirm that folks are convinced of this, right or wrong.
Certainly possible. Especially since there are lifetime barriers to overcome, and the huge capital and risk required to take QLED emissive all the way to the manufacturing stage (solution processing, etc).
Otoh, the failure angle is pure speculation.
It's pretty fairly valued at around $30m. QD Vision was way ahead and sold for $70m.
Once they get beyond samples with some actual invoiced dots out the door then a premium enters the picture.
GLTA.
Nice. Now get the reverse split out of the way and clean up the balance sheet. Actually getting close to being investable instead of just a random sloppy hookup every once in a while. Especially with the recent Samsung news.
GLTA.
That does not fit the common narrative around here, hence the crickets.
I will say though that the QD Vision news is pretty interesting and may lend wind to QTMM's sail. Given that news my target range of 2-3 cents appears to be on hold, possibly for quite a while. Picked up a bit yesterday for a trade as a matter of fact.
P.S. - Whatever happened to Danny? I miss him deeply.
Excellent. Will pick some up when it gets to the 2-3 cent range.