is on cruise control.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
American Battery Technology Company
@abt_company
Prepping for more concrete to come! Work this week includes wall forms, followed by rebar, to prep for pouring the tilt-up walls that will create the external structure for our Phase 1 Production Building.
PIctures
Prepping for more concrete to come! Work this week includes wall forms, followed by rebar, to prep for pouring the tilt-up walls that will create the external structure for our Phase 1 Production Building.#abtc_plantupdates $ABML pic.twitter.com/8sbwdvlVpo
— American Battery Technology Company (@abt_company) January 12, 2022
Still untradeable through TDA due to CE.
Worth noting if you own shares in a bitcoin miner
https://www.benzinga.com/markets/cryptocurrency/22/01/24962830/bitcoin-ethereum-dogecoin-have-a-terrible-start-to-2022-why-this-analyst-thinks-short-term
Generally favorable. Seems to have a good idea of where he's going with this.
A couple links worth reading:
https://seekingalpha.com/article/4475256-cleanspark-inc-s-clsk-ceo-zach-bradford-on-q4-2021-results-earnings-call-transcript
https://wallmine.com/people/112967/zachary-bradford
You do know that the website describes it as "batteryless". right? So I don't know what is being charged.
https://www.apogeedynamics.com/
Odd... any relation? Probably not, but still odd.
https://twitter.com/hpilhold
give or take a penny??
NSAV Holdings
@NSAVTech
5 million Vagabond (VGO) tokens have been allocated for the public sale at $0.50 each. NSAV shareholders will have the exclusive opportunity to purchase the VGO token for $0.40 (a 20% discount) beginning Monday morning at 9:00 AM EST.
Throwing in the towel?
HPIL Holding (Stock Symbol: HPIL)
@HPILHolding1
NEED TO CANCEL TWITTER AS HPIL CANNOT WIN AND WE ARE 100% COMMITED TO SUCCESS AND THE FILINGS TO BE CURRENT AND MORE! THE COMPANY CANT WIN EITHER WAY
The Company added 500 PH/s in December, a 38% increase to its hashrate.
1 PH/s (one peta hash) is 1,000,000,000,000,000 (one quadrillion) hashes per second.
Hash rate is the speed at which a cryptocurrency mining device operates.
From Dec 29
CleanSpark: Stock Dips On Flat Energy Revenues
From the article: "Still, CLSK insists on growing its capital using non-dilution tactics such as selling BTC to fund operations and growth."
https://seekingalpha.com/article/4477252-cleanspark-stock-dips-on-flat-energy-revenues
Why Crypto Miners Cleanspark, Hut 8, and Bit Mining Plunged This Week
https://www.fool.com/investing/2022/01/07/why-these-3-crypto-miners-plunged-this-week/
Reno-based lithium company acquires more mining claims near Tonopah
https://www.nnbw.com/news/2022/jan/06/reno-based-lithium-company-acquires-more-mining-cl/
Yup. After the market crash of 2008, F was around $4. It's a slow mover though, but does pay a dividend.
Possibly.... probably? But with the current downtrend in share price, it makes sense to know the parameters for it.
That really has been the case for the last 10 or more years with the advent of hybrid vehicles which many manufacturers offer. Straight electric was the next logical step and the majors made announcements about them a couple years ago. I tend to think that's already built into current prices. However, I did take a flyer on some Ford shares.
Interesting thinking.
If the bid price drops below $1 for 30 consecutive days, it will be delisted.
Go beyond the headline for once.
It was this phrase that was a response to 2HaveKnowledge's post.
HPIL Holding (the "Company") entered into a Plan of Reorganization (the "Plan") In accordance with the Plan, Stephen Brown an experienced CEO in the public market has taken over the helm as President/CEO.
Fed Minutes Suggest More Stock-Market Turmoil Could Lie Ahead
By Randall W. Forsyth
Updated Jan. 6, 2022 7:58 am ET / Original Jan. 5, 2022 6:49 pm ET
Sometimes you need to read something in black and white to believe it. That may explain why the stock market sold off sharply on Wednesday afternoon in reaction to the minutes of December’s Federal Open Market Committee meeting. They suggested the Federal Reserve could begin to let its balance sheet shrink sooner than market participants apparently had anticipated.
I shorted Rivian this morning and bought back in at $76. Hope the dip was just a blip.
nope
EVs getting killed today. what's going on?
Reporting Stock Purchases and Sales
Nonprofits must file tax returns each year. Those that have 501(c)(3) status file a form 990 that is available to the public for inspection. Nonprofit organizations list their income, expenses and assets on their annual returns.
This includes stock purchases and the performance of funds, pensions or stock purchases. A form 990 contains detailed information the public can use to determine if a nonprofit is one that acts in a manner a potential donor, member or partner feels comfortable with. There are also nonprofit organization lists that can help potential donors decide where to donate their money.
Ironically, my best performer today is a penny stock. It's up 22% from my cost basis. lol
How low can this go?
COIN is taking a dump today as well, probably because of the drop in bitcoin and, honestly, that makes less sense because their revenue is based on trading activity. Probably just overall market sentiment as the Nas is down over 400 points. I have lightened my position in CLSK somewhat.
Plus, as I suspect we are going to go into recession this year - just a hunch on my part - then we'll see dramatic shifts all across the markets. I have most of my holdings in cash right now.
Cleanspark has been quiet with regards to energy technology and microgrid management outside of their bitcoin mining. My guess, as I haven't seen anything to refute it, is that with the pandemic and lockdowns and general chaos of the last two years, their energy tech business dropped off and they started mining bitcoin using their own technology to create sustainability. When they pegged to bitcoin like that, then their price generally tends to follow the coin's price. Here is info from their last filing: There's good and bad in it.
CleanSpark Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Twelve-month revenue increased nearly 400% to $49.4 million from one year ago period
LAS VEGAS, Dec. 14, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the “Company”), a sustainable bitcoin mining and energy technology company today reported financial results for its fourth quarter and 2021 fiscal year.
The Company’s Annual Report on Form 10-K and accompanying financial statements are available at www.sec.gov and the Company website at https://www.cleanspark.com/investor-relations/sec-filings/
As previously announced, the Company is holding its annual earnings call today at 2 p.m. PT/5 p.m. ET. A recording and transcript of the call will be available shortly thereafter on the company’s website. A live version of the call is available at: https://services.choruscall.com/mediaframe/webcast.html?webcastid=OxACvcYn
Financial Highlights
Year ended September 30, 2021
Revenues for the year ended September 30, 2021 were $49.4 million, an increase of $39.4 million, or 400%, from $10.0 million for the same prior year period.
Net loss for the 12 months ended September 30, 2021 was ($21.8) million, or ($0.75) loss per share, compared to a loss of ($23.3) million, or ($2.44) loss per share, for the same prior year period, an improvement of $1.70 per share.
Adjusted EBITDA, a non-GAAP term, for the year ended September 30, 2021 was $9.0 million, or $0.31 gain per share, compared to ($10.2) million, or ($1.07) loss per share, for the same prior year period.
Three months ended September 30, 2021
Revenues for the three months ended September 30, 2021, were $27.1 million, an increase of $25.15 million, or nearly 1300%, from $1.95 million for the same prior year period.
Balance Sheet Highlights as of September 30, 2021
Assets
Cash: $18.0 Million
Book Value of Digital Currency: $23.6 million, or 627 bitcoins (fair market value $27.5 million)
Total Current assets: $57.7 million
Total Mining equipment: $123.2 million
Total deposits for future mining equipment: $88.0 million
Total Assets: $317.5 Million
Liabilities and Stockholders’ equity
Current Liabilities: $10.1 million
Total Liabilities: $11.8 million
Total Stockholders’ Equity: $305.7 million
Working capital
Working capital of $47.7 million as of September 30, 2021, compared to $2.9 million as of September 30, 2020, for an increase of $44.8 million.
Operational Highlights – Year ended September 30, 2021
Substantial real estate and energy acquisitions, including Norcross, GA, data center (20MW) and College Park, GA, data center (45MW+).
Quarter-over-quarter increase in revenue of nearly 1300%.
Exponential hashrate increase of zero to 1.3 EH/s in under a year.
About CleanSpark
CleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. For more information about the Company, please visit the Company's website at https://www.cleanspark.com/investor-relations .
[Please see attached PDF for financial tables.]
Non-GAAP Measures
Adjusted EBITDA and Adjusted EPS is not a measurement of financial performance under generally accepted accounting principles in the United States (“GAAP”). Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company's non-cash operating expenses, CleanSpark management believes that providing a non-GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between the Company's core business operating results and those of other companies, as well as providing the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time.
The Company's adjusted EBITDA measure may not provide information that is directly comparable to that provided by other companies in its industry, as other companies in its industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. The Company's adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. Our management does not consider adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.
We are providing supplemental financial measures for (i) non-GAAP adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”) that excludes the impact of interest, taxes, depreciation, amortization, our share-based compensation expense, and impairment of assets, unrealized gains/losses on securities, certain financing costs, other non-cash items, certain non-recurring expenses, and impacts related to discontinued operations; and (ii) non-GAAP adjusted EBITDA and non-GAAP earnings per share that excludes the impact of interest, taxes, depreciation, amortization, our share-based compensation expense, and impairment of assets, unrealized gains/losses on securities, certain financing costs, other non-cash items, and impacts related to discontinued operations. These supplemental financial measures are not measurements of financial performance under GAAP and, as a result, these supplemental financial measures may not be comparable to similarly titled measures of other companies. Management uses these non-GAAP financial measures internally to help understand, manage, and evaluate our business performance and to help make operating decisions.
We believe that these non-GAAP financial measures are also useful to investors and analysts in comparing our performance across reporting periods on a consistent basis. The first supplemental financial measure excludes (i) impacts of interest, taxes, and depreciation; (ii) significant non-cash expenses such as our share-based compensation expense, unrealized gains/losses on securities, certain financing costs, other non-cash items that we believe are not reflective of our general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) significant impairment losses related to long-lived and digital assets, which include our bitcoin for which the accounting requires significant estimates and judgment, and the resulting expenses could vary significantly in comparison to other companies; and (iv) and impacts related to discontinued operations that would not be applicable to our future business activities.
Non-GAAP financial measures are subject to material limitations as they are not in accordance with, or a substitute for, measurements prepared in accordance with GAAP. For example, we expect that share-based compensation expense, which is excluded from the first two non-GAAP financial measures, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors.
We have also excluded impairment losses on assets, including impairments of our digital currency our non-GAAP financial measures, which may continue to occur in future periods as a result of our continued holdings of significant amounts of bitcoin. Our non-GAAP financial measures are not meant to be considered in isolation and should be read only in conjunction with our Consolidated Financial Statements, which have been prepared in accordance with GAAP. We rely primarily on such Consolidated Financial Statements to understand, manage, and evaluate our business performance and use the non-GAAP financial measures only supplementally.
The following is a reconciliation of our non-GAAP adjusted EBITDA to the most directly comparable financial measure stated in accordance with GAAP, which excludes the impact of (i) interest, taxes, depreciation, amortization; (ii) our share-based compensation expense; (iii) impairment expense; (iv) unrealized gains/losses on securities; (v) and (vi) impacts related to discontinued operations, to its most directly comparable GAAP measures for the periods indicated.
[Please see attached PDF for financial tables.]
The following is a reconciliation of our non-GAAP adjusted EBITDA earnings per share, in each case excluding the impact of (i) interest, taxes, depreciation, amortization; (ii) our share-based compensation expense; (iii) impairment expense; (iv) unrealized gains/losses on securities; (v) certain financing costs and other non-cash items; (vi) certain non-recurring expenses; and (vii) impacts related to discontinued operations:
[Please see attached PDF for financial tables.]
The following is a reconciliation of fair market value of our digital currency holdings to the current carrying value at September 30, 2021. We did not hold any digital currency as of September 30, 2020:
[Please see attached PDF for financial tables.]
Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's plans and expectations for expansion of its energy initiatives, operating results, business strategy, deployment of miners, digital currency mining activities, the growth of its facilities and other statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as "expect," "target," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation: the successful deployment of energy solutions for residential and commercial applications; the fitness of the Company's energy hardware, software and other solutions for this particular application or market; the success of its digital currency mining activities; the expectations of future revenue growth may not be realized; ongoing demand for the Company's software products and related services; the impact of global pandemics (including COVID-19) on logistics and shipping and the demand for our products and services; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release (including any forward-looking statements contained herein) to reflect events or circumstances after the date hereof.
Investor Relations Contact:
Matt Schultz
ir@cleanspark.com
Media Contacts:
Isaac Holyoak
pr@cleanspark.com
BlocksBridge Consulting
Nishant Sharma
cleanspark@blocksbridge.com
And BTC is leading the way.
HPIL Holding (Stock Symbol: HPIL)
@HPILHolding1
It is expected by mid next week DONE PROPERLY! The audit is also in full motion; I TRULY APOLOGIZE AS AGIN OUR TEAM ARE HARD AT WORK THANK YOU HPIL
HPIL Holding (Stock Symbol: HPIL)
@HPILHolding1
However that has been accomplished with 2 experienced OTC who have filed over 200 times and they are aggressively getting it done as they say it must be done right from the beginning as they are in contact with the Transfer Agent as the OTC had issues with the share calculations.
HPIL Holding (Stock Symbol: HPIL)
@HPILHolding1
It is with the utmost apologies as the filings were still not at the OTC level due to the continued requests of info that was not correct when the company was passed on. The difficulty believe it or not to find a OTC experienced person in Vancouver was impossible.
I've been nibbling in the 9s.
Have had too many other things going on to spend much time here.
Re: Bedini SSG
Journal of Physics: Conference Series
PAPER • OPEN ACCESS
Design and analysis of a radiant charger using 5 coils and 5 poles of neodymium magnet as a rotor drive
https://iopscience.iop.org/article/10.1088/1742-6596/1402/3/033100/pdf
9. Conclusion
As a conclusion, this project concludes that the higher the rotating speed of the rotor is the higher the voltage generated will be and vice versa if the rotor rotation is lowered then the resulting voltage will also decrease The results of the design and testing of the device a rotor rotation of 1020 rpm at 346 volts. The higher the rotating speed of the rotor is, the higher the voltage produced will be.