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.
Nice news for impactppa. If this company was already under wsti and they PRd this we would take off just on this news alone lol. Once Bates connects the dots in some filings we are all set. This will make it easy to pay off LG and settle things which I’m sure they will have no problems doing anyhow.
https://www.nasdaq.com/press-release/millennium-blockchain-closes-previously-announced-3-million-strategic-transaction-with-impactppa-20180614-00339
Decentralized renewable energy platform is disrupting traditional energy finance model to improve lives around the world
LAS VEGAS and MANHATTAN BEACH, Calif., June 14, 2018 /PRNewswire/ -- Millennium BlockChain Inc. (OTC:MBLC) (the "Company"), a company focused on blockchain technologies and crypto-assets, today announced the closing of its previously announced $3 million transaction with ImpactPPA, a blockchain platform built to disrupt renewable energy finance and accelerate global energy production.
ImpactPPA, which was recently selected from more than 100 companies as one of the top three most promising Token Sales at the 2018 North American Bitcoin Conference, has created a model of deploying renewable energy systems in developing nations using blockchain technology. The team at ImpactPPA has created a model for tokenizing energy generation and distribution that will allow consumers all over the world to access clean energy through a mobile device. Its 'pay-as-you-go' model allows consumers in emerging economies and underserved populations to improve their quality of life. Along with its strategic partners, ImpactPPA has a pipeline of projects totaling approximately 183 megawatts, and when fully realized, is projected to generate an estimated $1.7 billion in revenue over the life of the SmartPPAs.
"We have now successfully completed our second transaction with another established and growing blockchain company," commented Brandon Romanek, CEO of Millennium BlockChain. "ImpactPPA is a pioneer and leader in the application of blockchain technology, and we are excited to partner with them as they apply their innovative platform to the energy sector for the betterment of consumers around the world. Through their solution, they are disrupting traditional energy service models to bring power to third world countries and those that otherwise would not have viable access to energy services."
"Brandon and the team at Millennium Blockchain share our vision for changing lives through the deployment of blockchain technology," said Dan Bates, CEO of ImpactPPA. "By bringing clean, renewable power to parts of the world that are currently going without reliable energy sources or are bogged down by layers of bureaucracy that inhibit the delivery of energy, we are truly making a difference in the world. We are thrilled to partner with Millennium to further deploy our platform and connect with underserved markets to reach beyond traditional power grids, mitigate climate change and transform the traditional energy services model to improve the quality of life for so many."
"This $3 million transaction with ImpactPPA combined with our $5 million transaction with BurstIQ™ is a fantastic and quick start towards achieving our vision of building a powerful portfolio of blockchain technology assets," added Romanek. "With Impact's focus on energy and BurstIQ's focus on healthcare, we are actively participating in two of the most dynamic industry sectors that are in the early stages of applying blockchain technology."
As part of the deal, Millennium Blockchain issued 60,000 shares of the Company's Series A Preferred Stock, with each share convertible into 100 shares of the Company's common stock (OTC:MBLC) valued at $0.50 per share for total consideration of $3 million. In exchange, the Company received the right to 4.5 million ImpactPPA tokens and the right to purchase a 3% equity stake in ImpactPPA within four months of the closing date of this transaction.
For more information about the Company's $5 million strategic transaction with BurstIQ, please visit. https://www.nasdaq.com/press-release/millennium-blockchain-closes-5-million-strategic-investment-in-burstiq-20180425-00639
Shady business but let’s hope this is their last day of this crap. Let’s hope Monday starts the turn around.
I think you are right. Blizz mentioned earlier that this should be locked up until case settles and reopen at an appropriate price.
You know I have told a lot of my friends about this stock and they don’t believe me lol. Even when I show them the DD, I guess if you haven’t been hear the whole time you can easily just scan right over it and just ride the charts. But they are missing the fact that this company is already successful in a huge way, they just haven’t put it on paper yet because of legal issues. Once they do we all know what happens next. I’m glad to be around for this and not too blind and scared from day to day action to forget what a gem we have. Don’t think I will ever see a set up like this and be at the ground floor.
I agrees. Everyone here is pretty awesome with their DD and efforts to get concrete info.
Many thanks to everyone on this board. I’m sure we will get paid well very soon.
How long have they been reviewing it now? I wonder what the avg time length is.
Once the judge rules, either way wsti can wash their hands of it and get the ball rolling with PRs.
Assuming this is the case, how does that effect the estimated valuations you have?
Wow that’s amazing. So wsti is even cleaner than expected. They can satisfy that amount and be off to the races.
Thanks Blizz appreciate the DD I just signed up for PACER so I’m glad you have them already. Looking forward to your input.
Check out Golden matrix group. They just settled with LG capital funding.
http://www.globenewswire.com/news-release/2018/06/04/1516294/0/en/Golden-Matrix-Group-Settles-on-Convertible-Promissory-Note-with-LG-Capital-Funding.html
Any lawyers on this board Davy at looking up court filings and dates or can shed light on how long a process like this might take etc?
Pretty much any thoughts on when the judge may make a ruling based on standards.
Any way to find out when they have their court date for the judge to make his decision?
About 60 mill traded last 20 min at these levels
Damn the volume spiked with these low levels. Guess this is was the bottom they are looking for to load up. Probably to cover them themselves before it takes off. Pressure is high to get to these levels, they are desperate lol.
The volume is so low as compared to recent days, seems like not too many people selling. investors are probably holding onto all their shares.
Any idea on turn around time for judges decision? I figure they have PRs lined up when they hear.
They can’t say much until the judge settles the lawsuit and makes his decision. They do have pictures and advertise it all over their social media. No PRs for wsti until they are in the clear. I am sure PRs are lined up and ready once given the go.
Every interview Dan Bates looks amped up like he can’t wait to get this going. He answers telegram messages within a day even hours. Right now he is living and breathing this every day.
Yes even with worst case scenarios with like having 4B OS we are still in the pennies in regards to SP valuation without any multiples. Most stocks trade a few times their value.
The news will be great or amazingly great. No down side at these prices, and no cap on its potential. Wouldn’t sell for anything.
And consider whatever their current revenue is, it will only go up every Q.
Also consider that they have already been completing jobs. So what they made is in the millions most likely, and what they just made is about 100Mill representing that .25% if the total 1.7B India project. And what they will be getting is steady confirmed and lined up for 2018-2019. What they are now working on is scalability to they can complete projects faster.
So they are making bank, just got paid bank, have a lot more bank lined up for next two years, and are figuring out ways to make more bank faster. Plus they have a lot of very well educated heavy hitters working for them. One worked for Obama, another was at the for front of ETH.
I think we are in great hands short term long term every term there is.
This is a mess lol. I have never seen something like this. I believe there will be some magic out of this mess. What else could cause trading like this besides shares being held up and MMs playing with scraps. They will get burned very soon hopefully.
Yes that’s what is seems to be. I agree. Seems MMs are playing with themselves because not enough inventory out there.
What type of restructuring would allow this to take off once we get news?
This thing will pop any second. I know Bates will update us as soon as he is legally able to. Once we get an update these numbers this stock will launch out of these sub pennies.
Now that’s the word on the street :)
I like how they keep mentioning this company under wsti versus impactppa. I know we threw around the possibility of a merger with wsti being the parent company. Since they are lawyers that worked this out, I like that they call it wsti. Hoping that means they acknowledge it’s the parent company.
They displayed this a while back. It is amazing and really a wow moment that captures a lot of attention.
This is great news that you are pumping this now. Whomever you work for is done shorting and knows it will run so he starts pulling your strings in a different direction. Guess it’s undeniable what tomorrow will bring.
Thanks brother, glad to have you on board.
For those curious about this convo, look back at his post from yesterday lol. Please ignore this guy no matter what garbage he throws at you.
I am hoping for news AH or pre market tomorrow before UN and investor presentation. If we get news of a merger then that share price will become reality overnight. Can’t wait. Just sitting and waiting and keeping my self together lol.
See you all in the am. This will be a huge week. Looking forward to it.
From Blizz
Re: QTRADERQ Post# 8765
Well think about this for a minute..
Add WSTI and Impact together
Those revenue figures are just from the electricity end and then you are splitting it.
There is the equipment end which comes up front.
Think about the numbers then...
To explain better those revenues are sale of electricity after projects are done (or power purchase agreements) . The other side of this is the equipment that needs to be installed before that happens (WSTI)
You are essentially talking about 300 million plus within a short time frame of projects already in the pipeline, many of which take only 60-90 days to get in place. Then you are talking the PPAs.
The smart move is to combine all of this in one entity. You would have Equipment sales in Alt energy, huge revenues of PPA contracts and can still do the ICO project to fund anything wants to fund but in that case the PPAs would pay back to the investors (Coin holders) while WSTI could do the equipment end.
Valuation would be huge.
BLockOne just raised 4 billion with none of that.
(CPA here too by the way)
This alone is amazing and now add it to everything else we know and it gets even better. I love how transparent they are being. We have been slowly putting together all the info and picture becomes clearer and then they make statements here and there that solidify what we are thinking.
Good call fellas on that merger concept. Seems like the company agrees. With Bates addressing investors Tuesday how can he not include this merger in his presentation. Wouldn’t make any sense. If merger is around the corner and you are meeting with huge investors they need to know this. So he had to have it in mind to make it public info at or right before that time so it’s not illegal to share at that time.
I already thought we would have news before Tuesday and this just makes me believe it even more. I almost can’t believe what we are seeing. So far everything that has happened seems to be the best case scenario. So I believe a merger would be best case scenario as well, and let’s hope it goes that way.
I think Blizz and rsh has a dialogue about merger scenario and how it might play out. I will find it and repost so it’s fresh in case that happens.
Seriously everyone this is the best board ok iHub. A lot of good people working together and sharing ideas. Nice when these platforms actually do what they are meant to do which is allow us to work together so we can all make some $$$
It’s on Tuesday in NYC time, I think 11:15-11:45 something like that. He mentioned his colleague will address UN and he will address shareholders. On the website for this event e is mentioned as ceo of WSTI which makes me think we will get news on Monday or latest Tuesday pre market. How else could he address shareholders public ally if he hasn’t first filed something and have news to speak about.
From Dan Bates...
Hi Armia, let’s try and connect soon and discuss how we can be working together. My colleague Jeff will be presenting to the UN on Tuesday as I will be presenting to investors at the WBF. things are really heating up for ImpactPPA.
Never say never. Always make the right decision and if you have done your proper DD you would not only marry this stock you would have babies with it. This is the beginning of a multi million eventually billion dollar company. And it’s in infancy right now and we are in. So jump in if you want. If not that’s your choice. But we are good with what we know.
Love it all. Any way you dice it, it’s hard to see this going badly. Everything seems to either be great or amazing. Never seen something like this on OTC.
I saw that. Very encouraging however they say they don’t see it’s purpose if they don’t want to get out of OTC. So if they do a RS it’s because they want to trade on the big boards which they should be going for. But that also means we need to have a RS that would take us into at least a couple dollar range. To get there we need to be at much higher levels. So either way to me looks promising.
All the DD is summarized very wel by Blizz at the top but I just saw your message and saw your current post lol. You pretty much laid out the plan and there is plenty of solid DD that supports everything you said. And company is not shy about it.
I know, thankfully stuck around to you and Blizz. I always wanted to wait and see since they were doing business and we were aware of it but seemed wsti was dead. Guess this workout was in the making for about 3 years. Too see this now, it really does make a lot of sense in hindsight. All I can say is God bless Dan Bates for turning this around while simultaneously obtaining projects worth Billions. And we are trippin about. 0015s. Not to invalidate anyone but from my perspective I am looking at the whole picture and it wasn’t pretty until these last few pieces have been added. Just waiting for the final touch. This company will be talked about forever. All I know is if this takes off my first order will be to buy those impactppa tokens.
I like how he said things are really heating up. Whatever it going down is close, and it’s been a long time coming.
I know people here all have agendas but for me. This company is amazing and what they are doing is revolutionary. And all I can think is how huge this is going to be and I’m not sure if anyone really knows. But I’m glad I’m here and not going anywhere.
Got this from Bates a few min ago...
Hi Armia, let’s try and connect soon and discuss how we can be working together. My colleague Jeff will be presenting to the UN on Tuesday as I will be presenting to investors at the WBF. things are really heating up for ImpactPPA.
WBF June 11-13. So we should be hearing something specific to investors. Even if he is referring to new big money investors and not current shareholders of wsti he will still have to have answer the same questions we have. What’s future of wsti and impactppa, how much money do we have and how much are we guaranteed to make. Right now impactppa has or will have 100mill and potential is 1.7B not counting other things in the pipeline and those that have been completed.
http://www.cryptoproto.com/category/wbf/