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Looks like somebody wants in. Should have bought today.
And they continue to dilute. Look at todays volume. DIGAF has potential but the CEO is drowning it with dilution.
WOW nice find. This stock is gonna moon with cryptos
Rs merger requires shareholder vote unless they merge into a subsidiary of the shell. They llikely issued perferred shares to private owners which will equal a majority. Only my opinion.
Also, One of the regular posters here, I forget who, mentioned that he verified the name change with Etrade and a coming symbol change.
Hopefully the symbol and associated name change gets out there soon. Bitcoin is starting to bubble.
I'm in DIGAF and here also. I've been shifting more of my DIGAF holdings to SRDP. DIGAF is a trading play that could do well with crypto rising, but SRDP is the real deal if everything comes together. The DD by some of the posters here is eye opening. Look at the news RiskyRewards dropped today, along with everything else.
Holy crap, this company is the real deal. Thanks for always sharing your DD RiskyRewards. The way things are lining up here is insane.
10k is out. These guys are hopeless. Look how much they paid themselves.
As long as they use money to buy new mining machines it could work out. At worse it could be 300 million OS which isn't too bad on the otcbb. I doubt they'll sell all the preferred stock though.
Yeah There's a lot of cost involved with mining companies, although because there are so few in the stock market, I think there is potential when the hype train fires up. As for DIGAF, I don't care if it succeeds in the long run either, I just feel bitcoin mooning will be enough to drive the PPS up 30x. And if DIGAF can navigate the through the chaos, who knows what the PPS could be if bitcoin hits 50,000$.
Bitcoin feels like it could explode at any moment. And there's only one crypto penny stock that boasts an actual business/business plan along with a healthy balance sheet, decent float, and a marketcap with lots of room to grow. DIGAF.
Totally agree. We got the ultimate hype for when crypto takes off: Bitcoin plus Fintech. DIGAF will rise exponentially with bitcoin. I see .10 cents at 8000 BTC, .20 at 10000, and just under a dollar at 15000.
Just read through the offering from yesterday. The filing says the company may terminate the offering at any time. It means if bitcoin and the PPS keeps mooning they might put a halt to get a better financing deal. I like that they have control over their own destiny.
Pretty good look how much growth we had. Plus one time charge for node. This stock is in a real good position considering its only at a dime a share and OS about 180 million. Low market cap compared to others in the space that don't have much of a plan. And they must be near 10,000 rigs by now.
Still very cheap IMO. Whats the market cap? Somewhere around 18 mill or so? There are companies with not even half of what we have with way higher market caps.
This is by far the best stock in crypto mining considering its price, position, and diversification. No one knows about it... yet.
9000 miners up and running soon. Two dash masternodes at work and Dash masternode agreements. Not to mention the software. This thing is gonna explode... the stock no one will see coming.
They weren't partnered with Bitmain, they were a customer of Bitmain. This is new on the MGTI site.
MGTI is now partnered with BITMAIN. HUGE!
https://mgtci.com/content/vision/partners/bm.html
So apparently 3500 mining machines are coming online this quarter. And no further funding needed. Better get your cheap shares now.
How do you know this information?
https://mgtci.com/newsroom/news/mgt-capital-provides-bitcoin-mining-update-300505995.html
Says they recently passed 1000 bitcoins
MGTI is doing fine. They had to do a distribution agreement--they are not gonna hire their own marketing and sales staff unless they had a line of products ready to go. The company they reached the agreement with are worldwide. Bitcoin is still going up. I am guessing by the end of the year they will have mined about 2000 bitcoins (they were at 1000 in July, before the increase in mining rigs.) Let's say MGTI is at 1500 bitcoins right now, we're talking over 10 million dollars in sheer value. With the management agreement, they are guaranteed income with or without bitcoin going up. And what I think gets lost in all of this is Mcafee pursuing blockchain business. Patience, nothing worth while is built over night.
Cocaine is a hell of a drug...
Let's hope Mcafee stayed sober long enough to build a transcending security device. And let's pray it's not just an empty plastic box with a wire coming out of it.
Maybe he'll tweet out a pic of him with a cigar, a machine gun and a bottle of whisky, with the caption, "Getting to work!" I can't believe I bought a stock being led by a drunkard.
Yeah not a great look sharing drink recipes while the stock burns.
in July or so, the amount of bitcoins MGTI had mined was 1000. With the increase in mining rigs, I'd guess they are at 1500 by now. Total value for MGTI = $9,000,000+
Quote from MGTI in July 2016 regarding the use of a reverse split:
"We expect to utilize a reverse split only if required to meet initial listing requirements of the New York Stock Exchange (NYSE) or NASDAQ. The NYSE (not the NYSE MKT, where MGT is currently traded) has a minimum share price standard of $5.00 for a new listing. (Already listed stocks need to maintain a per share value $1.00 to avoid de-listing)."
The 1.1 mill is from the company's rigs. The 50% profit and management fee is from the investors that bought their own rigs and wants MGTI to run them. Might be closer to 1.5 mill Ebitda when all is said and done. And as bitcoin goes up, so does the profits. HUGE...
They do this every year. CEO specifically said it was a tool he kept for uplisting.
FYI they have done a similar filing in 2016:
https://www.sec.gov/Archives/edgar/data/1001601/000149315216012094/prer14a.htm
For the newbies here, the CEO stated then that the only reason for increasing AS was for acquiring new tech or companies.
As for the reverse split, he specifically stated it was a tool for uplisting. At the time, they were trading on NYSE MKT (AMEX) and wanted to uplist to NYSE or NASDAQ. You can find the entire history of it online.
All I can say is... Things are looking up!!!
every chat room? Who uses chat rooms anymore? What dimension are you stuck in? The market cap for this is under 7 mil. In contrast, BTSC, with no real business, is at 38 mil. You should be warning that message board.
Then why are you here?
"As of 10/9/17 10:31am, GAHC shows an OS of 533,809,894."
UPDATE: OS is steady at 533,809,894 per transfer agent. No Dilution for a month.
BTC is a private company. If you read through the posts you will see they have been contracted to do an ICO. I'm pretty sure they aren't doing the ICO for free; I assume they are being paid. Hence my desire for GAHC to buy more of BTC. Also, BTC is not just patents, it's mainly Nick Spanos. As for the blockchain patents, you do know that big companies are crawling over each other trying to get theirs, right? And that the government is being real stingy with blockchain patents now.
Hey Cho, you notice how Spanos has kept the Blockchain Tech Corp name out of the Synapse ICO? He seems to want to make sure it's totally separate, which leads me to believe he's doing something for BTC. What do you think? Check out the Synapse site and check under Team. Interesting.