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Ok, certain now AS will increase very soon. However the amount is unknown. When announced, it will be a clear indication as to the extent of what AITX will dilute over the next two years.
Say SR feels worse case is another billion shares over two years… new AS = 5 billion.
My guess… to be close to cover the next two years of dilution it would need to be AT LEAST 100 Billion, probably even 400 Billion… as such if its possible he will set to UNLIMITED..
It also dosnt solve the other issue. Without an RS the SP will get to 0.0001 pretty quickly as the OS increases. At this point it becomes pretty much untradeable. It will be interesting to watch how that pans out.
An RS would result in an 90% + sell off within a week of the RS ( like the last 3 times )
An AS increase would take a few months assuming continued dilution
So I guess in that sense an AS increase is better.
I have a bridge to sell.. please PM me !
Add TerraNode Q1/Q2
Things to watch for TAAL early 2022
CryptoFights 2.0 and its impact on transactions ( mid Jan )
The Tether Ponzi buying BTC vs heavy selling from old accounts.. CW ?
The New Brunswick rollout ( Q1 / Q2 )
New Miners.. $35 mil re-paid.
The Robin Hood Wallet ( will allow proper BSV trading in the US ) Q1
NFT adoption.. seems to be accelerating.
The BSV transaction share. Currently over 50%.. could be 90% plus by Q2
Increased Q1 Revs fed by increased transactions. ( Q4 should be good too )
BSV Hub in Florida
Could happen…
Satoshi moving coins…. ( unlikely if it is CW selling off the NON Satoshi Stash ).
CW cases. There may be some small developments, but the main ones are later in the year.
Tether / BTC implosion.
El Salvador disruption / collapse of Crypto project. ( Missing coins )
Great video on CryptoFights and the upcoming 2.0 release. Big reveal in a couple of weeks.
Happy New Year !
To both Long and Short, I wish you a prosperous 2022
Happy New Year !
Happy New Year to All !
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
3rd RS expected 2021
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Since Dilution was claimed to have stopped in December, another 2 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
Just look at the 1 yr chart on this stock. The initial pump, ( which to be fair was really well done ), then the selling with some smaller mini pumps along the way.
The result. Yearly lows and the OS over double what is was.
This is a SCAM
Those sort of trades are between MMs and have no bearing on the stock. MMs often find themselves either long or short after the days trading. They attempt to equal out, but it’s rarely exact. If an MM is long or short on a stock after a set amount of days, it has to be declared. Those trades are simply equalling the book with another MM to save the paperwork.
There are some that believe certain volumes are signals to either step a stock up / down. Personally I don’t buy it, but could be wrong.
Another 400 million to be diluted, this will break the AS making the RS inevitable
https://ih.advfn.com/stock-market/USOTC/artificial-intelligence-pk-AITX/stock-news/86911338/current-report-filing-8-k
Quite clear now the selling on BTC is relentless. Is this CW, or others front running… hard to tell, probably both…
I feel there is a trading opportunity to buy BTC anything under 46k and sell above $50k.. Tether is your friend buying like all good ponzy scams should. Bit like Russian Roulette tho. It will work until it doesn't.. would not recommend…
But but but. 0.02 was a buying opportunity the absolute bottom.
No RS required.
Please don’t tell me this is a scam and Steve is a scum bag.
Over 2.3 million transactions now on BSV.
Massive uptick in the NFT Market place which is especially good for TAAL transaction Fees.
At this level BSV is equal to all other POW blockchains combined.
Price pressure continues on the BTC chain as Tether struggles to keep it pumped up. I strongly suspect CW is selling Non Satoshi coins into the Tether buying.
All looking good.
Happy Holidays, and a prosperous New Year.
Happy Holidays All,
Looking forward to 2022
News Out
Toronto, Ontario; December 20, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, is pleased to announce that it has closed the previously announced share purchase transaction, acquiring 100% ownership of Chief Fuels Inc., and with it, indirect ownership of a 60,000 sq/ft facility in Grand Falls, New Brunswick.
With this transaction, TAAL gains access to 50 megawatts of clean energy, which the Company expects will ultimately allow it to power up to 2 Eh/s of Bitcoin mining in New Brunswick, Canada.
Once filled to capacity, the Grand Falls facility is expected to have 50 megawatts of power to mine Bitcoin at an industrial scale.
• 50-MW energy will power up to 2 Eh/s of mining capacity
• New Brunswick based facility will become TAAL's cornerstone Bitcoin mining asset
• New Brunswick Power Corporation supplies energy to industrial and residential customers in the Province of New Brunswick that is over 80% non-emitting, over 40% from renewables
Preliminary Q4 2021 Guidance
The Company is also announcing that it anticipates, based on information currently available to management, that the financial results for Q4 2021 will include the following highlights:
• Consolidated revenue expected to be in the range of $13.75 – $14.25 million
• Approximately 70,000 BSV held in treasury at the end of the quarter
• $35 million in prepaid deposits on mining equipment, power deposits, and infrastructure for future growth.
Interesting that CryptoFights transactions dropped to 200k yesterday ( probably some issue ), back up today… the total transactions around 900k, other applications are driving volume now.
Looking good for utility
Interesting that CryptoFights transactions dropped to 200k yesterday ( probably some issue ), back up today… the total transactions around 900k, other applications are driving volume now.
Looking good for utility
0.02 broken. 0.002 next stop
Even then it would be 10x overvaluued.
Duro Dogs Launched today, will also create a few transactions on the BSV Blockchain
Check out https://www.durodogs.com/
News out too…..
Toronto, Ontario; December 6, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, is pleased to announce that it has entered into a term loan agreement (the “Loan”) with a private lender (the “Lender”) providing for debt financing in an aggregate principal amount of US$10,000,000.
The Lender has made immediately available the full financing under the Loan in an amount equal to US$10,000,000. Borrowings under the Loan are secured by a general security agreement over all the assets of the Company. The security will rank pari passu with any future debt of the Company, from other lenders, up to a maximum US$100,000,000. The Loan matures on December 31, 2024 and bears interest of 8% annually which is payable quarterly at the end of March, June, September, and December of each year. The Loan may be prepaid at any time by the Company, together with all outstanding interest, after December 2, 2022.
TAAL expects to use a portion of the Loan for financing the build out of a world-class industrial scale Bitcoin mining operation at the 60,000 sq/ft facility it has committed to acquire in New Brunswick, Canada. More information can be found within the Corporate Presentation on TAAL.com [URL https://www.taal.com/investors/].
Victory for Craig…
Once the coins move, which they now should, this space is going to get interesting..
Interesting how the BTC media like Coindesk report this.
Great upswing on the Crypto Fights transactions. Really starting to take off now.
https://trends.cash/result/?search=YXBwOmNyeXB0b2ZpZ2h0cw==&period=7&date=0&step=86400
BSV showing real utility.
Thursday the Jury sent a note.
"Unfortunately we cannot come to a conclusion and we cannot all agree on a verdict on any of the questions."
It looks like one Jury member want to find for the plaintiffs, the other 9 are for Craig.
The Judge gave an Allen Order, which essentially tells them to make their mind up, Civic duty etc…
If they cant decide soon, it wll be a mistrial effectively a win for Craig….
Update: No decision Friday, asked back for Monday..,
Lol stick the 5yr time frame up. Split adjusted it shows the SP used to be around $10 million.
The rest is a down hill ski slope..
Taking longer than thought, starting to look like a hung Jury / Mistrial ( actually a good result ).
Hopefully get conclusion by end of week
Comparing TAAL to Riot ( which has an MC of 4.2 Billion).
TAALs new premises will house the hashing power that is the total of what Riot has today
TAALs actual hashing power based of current announcements ( by end of Q1 2022) will be just over half that of RIOT. So room to grow in the new facility.
If TAAL had an MC of 2 billion ( which is a fair comparison) SP should be around $30
Loads of value here. Rise in BSV price following Satoshi trial will increase it further and faster.
99% sure jury back tomorrow, probably early.
TAAL reported Q3 financial results:
Gross revenues of approximately $12.4 million for the quarter, which exceeded the Company's previously issued guidance of $11.5 to $12 million
Revenues increased by over 80% over the previous quarter
Adjusted EBITDA for the quarter was $3.9 million, representing an increase of 500% over previous quarter
TAAL processed over 52 million transactions on BSV in the quarter, earning $411,000 from transaction processing fees, or 3% of total quarterly revenues
As of September 30, 2021, TAAL held approximately 69,000 BitcoinSV ("BSV") in treasury, compared to the 75,000 in the issued guidance; this decrease was due to funding additional deposits related to operations
Future growth secured as deposits for plant and equipment increased to $22.1 million compared to $9.3 million in the previous quarter as the company purchases mining equipment and infrastructure.
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
3rd RS expected 2021
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Since Dilution was claimed to have stopped in December, another 2 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
Don’t believe it..
“Just a healthy correction”
“Buy the dip bro, please”
“$0.05 still programmed”
“They’re trying to shake you out”
“Just a tiny dip before rally”
A good independent writeup on the final part of the case.
https://worldfinancialreview.com/kleiman-v-wright-day-14-plaintiff-strategy-of-painting-craig-wright-as-serial-forger-backfires/
Jury still out
From Patrick
“If it doesn’t make sense, you vote for the defense!” - Andrés Rivero (Closing statement)
After the water incident, Rivero hit his stride. Brilliantly quoted from Luke 11:45 to a jury of elderly Cuban women about the truth being the key to knowledge - earning some needed points.
Go Craig…
You need to look at Profit and increase in debt as well
Well the closing statements are in and the Jury is deliberating. As they didn’t decide on Tuesday, I think they are back on Monday after the hols.
The plaintiffs closing arguments where very well done. Perfectly delivered. Very engaging. I still don’t feel they have made their case, but the professionalism of the lawyers cannot be denied.
The Defense started with knocking his water over and destroying his own notes. This took him off his stride for a few mins, but soon got back on track. Closed well in the end.
Happy Thanksgiving.