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In 2019 Fortress Blockchain stopped mining Bitcoin and changed their name to Fortress Technologies to focus on well, technology I guess.
Their latest Quarterly claims they they've created a "strategic venture" with Great American Mining. They're purchased 3 container things and are buying some miners but it seems Mr. Kilic may be a bit rusty regarding Cryptomining
Crypto has been around for a good ten years+ and there are many better qualified candidates that have been in the field while Mr. Kilic has been off doing other things.
BTW: There was no mention if the new COO will be stepping down from Fortress or is he going to the spread so thin can't run either company thing like his mentor? Good question for the earnings call, if we ever get one.
I was born in Brooklyn, grew up with The Mick and one of the best teams to ever take the baseball filed. When Steinbrenner took over I couldn't take it any more. No doubt he bought a great team on the field and it was one of the most entertaining cast of characters in one place at one time.
If I had the money I lost betting with/or against the Giants I would not be investing today, I'd be comfortably retired on a nice beach somewhere, like you!!! They ruined many a lovely Sunday afternoon. Thank you Scott Norwood and wide right or I would have been a loser on that one too!!!!
Sorry if I misunderstood Chucky.
I don't know if you're a sports fan but the most direct analogy I can make is when your favorite team hires a manager/coach that you don't agree with. Do you voice your opinion if you don't think he/she is qualified?
Yeah, let's see what the guy can do but his CV does not indicate a strong Crypto/Blockchain/Mining background.
He's a Electrical Engineer/Finance guy, OK, install him as CFO and let him work on getting SEC filings out on time.
I'm more concerned with the HIVE CEO pimpin' another Bitcoin investment as the best "Go-To" Bitcoin investment. C'mon.
Holmes has got to step down, he can't run two companies especially if he is going to throw one of them under the bus.
That's what you get when you have a distracted CEO.
The Webcast was to focus on Bitcoin and Gold so Frankie F***up has to go and play nice with the Bitcoin man so the Bitcoin man will play nice with the Gold man and pimp each others' asset.
Problem is Frankie Boy is also CEO of a Bitcoin Miner so what does he do?
He throws HIVE "under the bus" doesn't defend altcoins at all and pimps MicroStrategy as the "Go-To" Bitcoin Investment.
Doesn't anyone see a problem here? A direct conflict of interest? Forsaking one of his companies for the benefit of his "Favorite Child" which was/is/and always will be Gold.
Man, it is so much easier to dupe someone than it is to convince them they've been/are currently being duped.
Where's the outrage of our CEO pumping MicroStrategy as the "Go-To" Bitcoin investment?
Crickets.
OK so the Webcast was to focus on Gold/Bitcoin but when Saylor totally trashed anything that was not Bitcoin, he would not even say the name of any other Cryptocurrency (by design?) Where was Frank's defense of his own company. "I'd just like to say something with regards to Michael's comments" Nothing, he behaved like a good little puppy, he sat down and shut up and only spoke when spoken to. No Balls to defend HIVE's investment in Ethereum. Too busy licking his Master's boots.
I guess no one bothered to watch? ROTFLMFAO, what involved investors. Just keep bashing the lone dissenting voice trying to shine a light on an incompetent, lying, scam artist that is holding HIVE back.
Never got into the "trading" or "options" things either. Too time consuming.
Sounds more like the CV of a CFO!!! Guy's a Electrical Engineer/Real Estate Developer
Mizaru, Kikazaru, Iwazaru, & Shizaru
$HVBT's biggest shareholders
Difficult to "flip" a ticker that only goes in one direction.
What an absolutely embarrassing performance by incompetent, hero worshipping "CEO" and an insult to HIVE investors.
Obviously no one here watched, or did and was equally disappointed to hear our CEO "Frank Holmes" pump MicroStrategy enough so not to feel the need to comment.
What a clownish arse kissing buffoon. If "Frank Holmes" had been wearing lipstick, Saylor's arse would have been coated in red, top to bottom, side to side.
Saylor looked like he would rather have been in, oh, a million other places than doing that pointless chat.
All Saylor wanted to do was talk about Bitcoin, Bitcoin, and only Bitcoin. He is not at all interested in any other form of Cryptocurrencies and said so, in fact he does not consider Bitcoin a Cryptocurrency, rather a Crypto Asset.
Saylor appeared bored out of his gourd and never even acknowledged the presence of The Lying "Frank Holmes."
But Lying "Frank Holmes" all decked out with rah-rah shirt and wearing a baseball cap and that stupid shite-eating grin plastered on his face went out of his way to kiss the ring, hand, arse, of Saylor trying over and over to somehow get Saylor to say something nice, or simply mention the names HIVE and/Ethereum.
When Dickweed was asked about Crypto Miners he talked about HIVE but cautioned that it is a very volatile investment then went on to pump MicroStrategy as the place to invest in Bitcoin because of the strong leadership of its CEO. It was hard to watch. Later during a segment on gold as an asset Frankie Boy says, ". . . and I'd like to ask Mike a question, blah, blah, blah," then cut to Michael Saylor, whoops, he wasn't even listening and had to be asked the question again by the HIVE employed moderator.
Frankie Boy tried and tried to get Saylor to say something nice about HIVE, Ethereum, Miners but Saylor was having none of it.
At one point 39:30 of the chat, "Frank Holmes" actually said that HIVE is the most profitable crypto miner. Say what? Tell me more Frankie Boy.
No charts, graphs, numbers, nothing to back up the statement, well then let's go to the Annual Report for some data . . . oh yeah, there is no Annual Report.
Overall it was an embarrassing cringe worthy event not worth the hour I spent, rather wasted, listening to.
In the end the take away? Gold and Bitcoin are good assets and investors should look to GOAU and MicroStrategy for Gold and Bitcoin respectively.
Saylor, surely be design, never once mentioned any other form of Cryptocurrency because he doesn't believe in anything other than Bitcoin.
Frankie "The Fool" Holmes was left with egg all over his face being totally outclassed by someone far more intelligent than he.
Even the HIVE Sock Puppet Moderator could not get Saylor to acknowledge HIVE, Ethereum, and shockingly not even to acknowledge the "other" guy in any way shape or form.
It is customary during these affairs for oe CEO to tout the efforts of the other or at the very least to say the "other guy's" name. Saylor probably doesn't even know who the idiot with the cap and shite-eating grin was.
So MicroStrategy got a nice endorsement from OUR CEO. Isn't that great.
You think I'm telling stories here? Yeah, go have a listen and tell me where I am not relaying what went on.
Not a very impressive CV in the Crypto space.
For a Chief Operating Officer of a Crypto Miner he makes a great Electrical Engineer.
Doesn't say if he will be stepping down from his CEO position at Fortress Technologies or will continue with duel roles.
He seems great are borrowing money.
At least Fortress files their Quarterly Reports on time.
Let's see what impact he has on HIVE and how much control he actually will have in running HIVE. Strange how HIVE and Fortress have similar corporate logos and color schemes.
Amen twister. It's natural to sometimes become jaded. When you've seen the movie, or one very similar to it, 163 times you kinda get to know how it's going to turn out. Let's hope it's different here. I mean they had a pretty good Q2 so based on that, there should be no reason to think they're on the wrong track.
GLTY
This is from the 2nd quarter 10Q
Contrary to your handle you appear to be a level-headed individual and I value your civility.
Please don't take this the wrong way and I in no way intend to offend, BUT, (there's always a "but" and here it comes!!!!) I abhor that argument, "Well one can always sell and move on." Of course that is always an option but move on to what? The failure rate of public companies is far larger than the success rate.
There's no reason why Bitfarms and Hut and others should not become part of the "success" group. However, the methods they are pursuing are typical and not innovative and common practice in the OTC. You include a lot of hypotheticals in your argument. Yes, anything is possible. They just arrived on NASDAQ and waste no time going into dilution not allowing shareholders the opportunity to make some well deserved profits. Not allowing potential institutional investors to do some research I am not an institutional investor so I really don't know how they view this move, not very well according to the PPS movement.
These young companies have these visions of grandeur and what to see their companies listed on the Fortune 500 before their first annual report on the new trading platform.
When your favorite sports team makes a management decision, or new ownership comes in, or the coach/manager makes an on-field decision do you say that's it, I'm going to root for another team? Do you question and/or criticize the move?
So they don't want to sell and Bitcoin because they "believe" it's going to $100k? Why not take some profits, like a good investor does? What if the Bitcoin price instead goes to $10k? What's wrong with maintaining a little "cash" on hand?
As a young company you want to take risks, then stay private until you've proven yourself then go IPO and cash in. This let's go pubic and soak the shareholders is a bunch of BS. They don't say let's go public so we can enhance the value of our shareholders. They see shareholders as a resource and at times a liability, not as recipients of their benevolence.
If they paid a dividend that's a different story. But that happens less and less these days.
GLTY
I prefer companies that resort to dilution as a last measure. Not as a tool to be used for buying groceries and making acquisitions. Just as a good consumer knows, you stay within your limits. Steady and incremental growth will work every time,
This Mixed Shelf is a red flag not to be scoffed at.
Now I see how "investors" become misguided.
Yeah, let's see how often "Frank Holmes" gets HIVE into the discussion shall we?
Weeeeeeeeeell, WHOOOOOOOOOOPIEEEEEEEEEEE a 5% stake you say?
Snapshot:HVBT
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.69 Down -0.26 (-8.8136 %) AS OF 4:00:00PM ET 08/17/2021
Captain, we've struck an iceberg and we're taking on water in the forward compartments.
Captain? Captain? CAPTAIN??? CAPTAIN!!!!!!!!!
Oh, Michael Saylor came by and picked him up in his yacht awhile ago, Said he'll be back in a few days, maybe. Yeah, he said to just leave the ship on cruise control and everything will be fine.
What are the percentages of Bitcoin to Ethereum mined?
Why doesn't the Lying POS focus on HIVE-centric issues rather than Gold and Bitcoin. Of course because he's also CEO of US Global Investors. WOW, you'd think that someone who touts "Global" investments would understand the complexities of doing multi-national business? So why does the Lying POS have so much difficulty filing HIVE's Annual Reports?
What is HIVE? A side project, a hobby? Obviously "Frank Holmes" is not only not up to the task of running two multi-nationals and clearly US Global Investments take precedence.
He is a huge liability to HIVE's progress and should be recognized as such on the, hopefully, upcoming Balance Sheet contained within the Annual Report.
What is he trying to prove? He sucks at running HIVE, then get the F*** out of the way and put someone in charge whose only focus is to make HIVE a major player and Cheeses man get their financials in order and up to date.
I seriously doubt HIVE will get much of a mention during this Bitcoin/Gold marketing scam.
Where are the HIVE Investor Relation Conferences? He just wants to be seen with Saylor.
No, I refuse to follow the ass in front of me over the cliff.
I've been sending "Frank Holmes" messages calling out his Bullshite and demanding he face up to his responsibilities and get the HIVE house in order financial reporting wise.
I want to see this purchase order for 1,800 machines or else it's pure Bullshite.
He went on Blonity's interview knowing damn well he was not going to make the July 30 annual report date and lied saying it would be out in a couple of weeks with that big shite eating grin on his face. That was July 3 BTW when he told that bold faced lie.
I believe "Frank Holmes" is standing in the way of HIVE making any progress with Institutional investors. They are not going to invest in a CEO that hasn't met the reporting date for 3 straight years running. Especially with the lame ass excuse of "Oh, it's so hard doing business internationally." OH, then get someone in there that can do it because there are thousands of companies that operate internationally and get their reports filed on time.
I believe with "Frank Holmes" out of the way and a competent CEO in place meeting fiduciary responsibilities HIVE will flourish.
I post here trying to alert potential investors of what the situation is and to stay away until "Frank Holmes" is kicked out on his ass.
That's what I'm doing, what about you?
How many messages have you sent "Frank Holmes?"
Submit some questions for the hopefully upcoming earnings call and make the CEO "Frank Holmes" accountable
fholmes@usfunds.com
This OK with you? Bitcoin @ $46k, ETH @ $3.1k?
Snapshot:HVBT
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.95 Down -0.09 (-2.9605 %) AS OF 4:00:00PM ET 08/16/2021
I'm down 22% here and I'm sick of "Frank Holmes" incompetent "leadership(?)" Where exactly is he leading HIVE? Over the e3dge of the cliff, that's where. Where are the Institutional Investors he talked about in the Blonity interview that were telling him that when HIVE uplisted they would be buyers? More "Frank Holmes" bullshite. Enough!!
Glass half full guy, just what I need!!! Yeah, you're right. Maybe a few days of pain for some longer term gain?
Fact is Retailers need a break to take some profits of their own once in a while.
I was hoping to see $10 maybe this week or next. Doesn't look like that's gonna happen this month. Well, unless like you said, BTC crosses $50k
Shelf offerings also have this effect
Snapshot:BITF
BITFARMS LTD
6.47 Down -0.31 (-4.5723 %) AS OF 3:04:29PM ET 08/16/2021
And this is just the filing and before the actual dilution commences
WHOOPIE, a two fer
Investors pay now and they pay later.
Aren't we the lucky ones
And what's the hurry anyway? Why not let the PPS run for awhile?
Only been on NASDAQ a couple of months and already sticking it to shareholders.
Just proves once again companies do not give one teeny tiny little crap about shareholders. We're just the bottomless pit of $ resources.
If corp believes in the future of the company let the the PPS sell new shares and not through dilution.
They just suck, all of them. Every time the retail investor see a little sunshine somebody says, Whoa thar cowboy, not so fast, we got some dilutin' to do. They just suck.
Couldn't agree more Hobo, I don't know what sounds lemmings make, but how about some docile Sheeple? Baaahaaaaa, Baaahaaaaa
I sent "Frank Holmes" an email regarding his incompetence regarding timely reporting. He replied saying how hard it is doing business in more than one country.
When I called him out on his Bullshite, he stopped responding,
What a guy huh? I mean does this guy go above and beyond for his shareholders or what?
$BITF and $HUT aren't doing so badly since uplisting, in case no one has noticed.
"Frank Holmes" has got to go. He is ruining HIVE's opportunities to attract Institutional investors. Three years in a row, annual report filed 6 months after the close of the fiscal year. If he was head of accounting he would be fired. But the CEO? He'll probably take a nice big bonus.
I got out at $0.75 taking a 85% loss. At least I salvaged something. This thing is only going lower and lower.
There is no strategy here to save and restore the value in the company.
They are only interested in squeezing out every last diluted penny possible for themselves before trip/no bid
Could we see $8 to $10 this week despite this news?
"Frank Holmes" is a Charlatan and a Used Car Salesman.
1,800 new miners? Really? Where's the purchase order you Lying Slime Bag?
It's a diversionary tactic, "watch what's in my hand" to keep folks from realizing how incompetent he is.
How smart can he be if he can't figure out, or at least hire people that can figure out, how to do cross international border business? Is this the guy investors want in charge of their investments.
The guy is a failure, and has been unable to produce an annual report on time for 3 years running, using a different excuse each year. Last two annual reports came out in late September, 6 months after the close of the last quarter and 2 months after the report was due.
He needs to go. He is holding HIVE back. No Institution is going to invest millions into a company that can't produce its annual report for 3 years running. Too many other legit companies around to worry about a loser like "Frank Holmes."
But, as long as lemming investors don't give a shite, are not bothered by their investment languishing at $3, and allowing the CEO to live the high life while they suck the gas pipe, why should he change?
Submit some questions for the hopefully upcoming earnings call and make the CEO "Frank Holmes" accountable
fholmes@usfunds.com
HIVE Blockchain Technologies and its investors deserve better!!! Demand accountability and don't settle for Bullshite excuses!!!
WOW, what happened here?
Snapshot:HVBT
HIVE BLOCKCHAIN TECHNOLOGIES LTD
3.04 Down -0.07 (-2.2508 %) AS OF 4:00:00PM ET 08/13/2021
Bitcoin Crash? No, still $46.5k
OH, Ethereum Crash? No, still $3.2k
Oh, "Frank Holmes" opened his pie hole which means he was lying again.
REPEAT - HIVE Blockchain Orders 1,800 High Performance Miners From Bitmain
Why 1,800? Why not 18,000? 180,000? It doesn't matter what that lying POS says, lemmings are going to eat it up!!!!
fholmes@usfunds.com Why not ask the lying POS himself? No? Right, go after the iHub poster instead. Free $HVBT Kool-Aid during Happy Hour?
FUBAR'ed
I mean really, c'mon, let's be honest.
BTC $46.5k
ETH $3k
$HVBT
Snapshot:HVBT
HIVE BLOCKCHAIN TECHNOLOGIES LTD
3.12 Up 0.01 (0.3215 %) AS OF 1:25:12PM ET 08/13/2021
Really? I'm invested here, but I think I bought a lemon from that slick used car salesman, "Frank Holmes."
Big deal, HIVE "ordered" some miners. Wake me up when they are delivered and up and running.
I don't believe a word he says. Where's the proof of the order?
OH YEAH. Investors, especially Institutions are eating up the Bullshite from "Frank Holmes."
Snapshot:HVBT
HIVE BLOCKCHAIN TECHNOLOGIES LTD
3.1419 Up 0.0319 (1.0257 %) AS OF 10:35:47AM ET 08/13/2021
WOW, could that PR have possibly generated all that 1%
Perhaps if investors read the PR twice? 2%?
This is the real world. NAZDAQ. Legitimate investors with real money and they can see through that charlatan masquerading as a CEO and duping gullible lemming investors. Oh yes "Frank" whatever you say "Frank" may I have another cup of the $HVBT flavored Kool Aide? Sure my little lemmings, gather round, there's more where that came from, drink, drink!! 10k is coming, drink drink
ROTFLMFAO.
Excerpt from July 29, 2021 "Dog Ate My 10k" PR
Whoops, looks like a 20 ton Gap-Down Locomotive heading this way.
I suspect it should be pulling into the station in about 4 minutes or so.
I continue to be absolutely amazed at the number of multi-national public companies that are able to produce their required financial filings on time. I mean like everyday, hundreds of them. Shocking!!!
Don't these multi-nationals even realize how difficult that is? On Time? No excuses, no begging for more time, because it's sob, sob, so hard to be timely.
Really these multi-nationals need to learn a thing or two from the master of lies, deceit, double-talk, and deception, the one and only "Frank Holmes" currently, and hopefully not much longer" CEO of Hive Blockchain Technologies & Bullshite Spewer LLC.
Come on "Frank Holmes" come out, come out, wherever you are!!!
There's a bunch of $HVBT shareholders wondering WTF is going on?
Enjoying your summer vacation "Frank Holmes?" Try not to spill the sun block on the initial draft of the 2020 10K
Absolutely ridiculous. Back to the OTC with the rest of the incompetent so-called CEOs. HIVE is not ready for Prime Time under the gag, gag, "leadership(?)" of "Frank Holmes."
. . . there's a sign post up ahead
52-Week High 10.00
12/28/2020
that reads, $10.00, $3.00 ahead. Maybe we get there by the end of the month?
Everything is proceeding exactly as planned, thankfully without any funding from me.
Some Rube is standing by the dilution faucet waiting for the command to open the dilution floodgates.