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I may have misspoke. Most LTBR patents, if I'm not mistaken, involve taking existing nuclear plants and refurbishing them into a HALEU version so they can get up and running in a relatively short time compared to building a new plant. This puts LTBR at the forefront of the field of refitting the thousands of existing, but unusable, nuclear facilities around the world.
Good find. This is LTBRs first wheelhouse.
I didn't make up the $250 annual revenue number. It was in the PR announcement regarding the purchase of QXTEL.
It all makes sense if they can walk the tightrope and not fall.
If they do this for 6-8 quarters, the story will fall into place on its own.
"Where Are They Finding The Funds?"
From us, of course. Either that or else T-Mobile, V or T pays to get him cheap in terms of top talent. The shenninigans get worse the more successful a company gets. It's not exactly gambling, but it is betting the farm again and again on the opportunity of great riches.
I've said this before. I don't know if IQSTEL can break into the Tmobile, V and T tri-opoly but they may reach a level where they get bought by one of them. At the current 175 mil shares, $25 per share is just over $4 billion. Maybe a year or two of $250 mil annual rev can earn them this golden ring.
Thoughts?
Is this real or a crime family moving one companies bankrupt assets to another family company to do it again?
Despite all the flowery language meant to drug you into thinking the metaverse is anything other than a 3D TV set for your eyeballs and ears, and despite the denial of any transparently written financial plan, this article is still a big deal.
Anytime a minnow like ISQTEL gets an invite to swim in the Meta pool it should be noticed.
The little engine DMG that could did it again.
As the halving separates the wheat from the chaff, the time will come when this little engine of good sense may get bought because it's a diamond. When the froth gets exciting, DMG will, hopefully, be seen as one of the few strong companies, even though it's small compared to other mining groups. Small but mighty because they understand real accounting as opposed to phoney baloney accounting. I'd suggest $10 per share to be reasonable. Possibly double that.
Feb 15, 2024
DMG Relationship with Sygnum Bank to Provide Credit Facility
DMG Blockchain Solutions announces that it has established a relationship with Sygnum Bank, a Swiss bank specialized in servicing crypto-native companies, as a strategic banking partner providing US$9 million (equivalent) in a credit facility to increase its operational capacity ahead of the upcoming Bitcoin halvening expected in April 2024. The primary use of proceeds is for the purchase of 4,550 T21 190 TH/s bitcoin miners from Bitmain Technologies for US$12,103,000 (US$14/TH/s), which was previously announced in December 2023.
With a first financing tranche of US$5.6 million already disbursed, DMG has been able to fulfill part of its payment obligation to Bitmain without the need to liquidate its bitcoin holding. DMG believes that modest amounts of debt enable it to better optimize its balance sheet, especially as it can help maintain its healthy bitcoin holding as well as lower its weighted average cost of capital, both of which should be positive for shareholders.
About DMG
DMG’s mission is to lead the crypto industry monetizing bitcoin transactions that meet the most stringent compliance and ESG requirements.
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Blockseer blockchain software products help enable crypto adoption and growth.
Terra Pool
Terra Pool, enabled by Blockseer software, is the world's first Bitcoin mining pool focused on carbon neutral energy and clean block mining.
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Any insight to this abrupt decision?
MIAMI, February 7, 2024 (GLOBE NEWSWIRE) – Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) today announced that Asher Genoot, President and a member of the Hut 8 Board of Directors, has been appointed Chief Executive Officer, effective immediately. Mr. Genoot succeeds Jaime Leverton, who departs from Hut 8 as Chief Executive Officer, effective immediately.
The Hut 8 Board of Directors (the “Board”) has determined, following the completion of the Company’s merger of equals, the time was right to set a new strategic direction for the Company and that a transition of leadership was appropriate.
Lightbridge has patents across Eurasia, Russia and China.
What the f is going on? It's like LTBR doesn't even exist?
Posted this last Dec 2023 about HALEU manufacturing slated for Ohio in 2024.
https://www.world-nuclear-news.org/Articles/Pilot-plant-for-Lightbridge-fuel-mooted-for-Ohio
I've decided HALEU fuel and Cannabis are treated in the same manipulative way, both representing and managed by the keystone cops who bump and trip into and over each other, a never-ending run of bait and switch combinations. What a sad state of affairs.
I agree. The unintelligible language used in all the crap we were mailed was the worst of legalese. And neither Stretto nor Atrade/Schwab could be helpful.
The cost of warrants seemed to be more than current share price. How is that possible or sensical?
I agree with Kenfresno who wrote"... the subtle nuances."
Confusion exists in language itself. Like the cliche, the devil is in the details.
Welcome to the details.
The language of "legalese" is capable of writing something which sounds true but may not mean what the plain words say. There's lying by using untrue words but there's also lying by omission, leaving out key details in order to not blatently lie.
Companies do this because it's allowed by our regulators who don't fine companies which write garbage as opposed to crystal clear meanings. These are the same regulators, by the way, who allow politicians to make decisions about companies and then buy and sell those same company stocks on the open market. But our regulators don't call this insider trading.
Our free market has shit for rules and everybody pretends it all smells sweet. It doesn't smell sweet.
IQSTEL is a tadpole trying to make it to adulthood and there's bigger fish all around who want to eat it or kill it. They're wiggling to survive. Right now it's not clear they will make it. But they might. So let them wiggle. That's capitalism, better than the alternatives. Learn to enjoy it.
That's it. If $160,000 is profit then, over time, it proves the old adage is true: show me the money.
Then and only then can the hockey stick be inserted into the correct wazoo.
And I do believe IQSTEL is legit. I don't think it's a scam. I'm just worried the IQSTEL team can't swim in shark invested waters without getting their faces chewed off.
Yes, as is happening with other miners, the game is on. While I'm not really an opera fan, this is opera at it's best, full drama showing the worst humans behaving badly to get what they want.
The powers that be want the best stocks at the cheapest price and are willing to slice a few throats to get what they want.
The only problem with this awful model called capitalism is that communism, and its lesser cousin, socialism, simply finds other ways of using power to slit throats.
Either way throats get slit. But with capitalism we, supposedly, get washing machines and other luxurious gadgets which have a better chance of working.
Today's statement by HUT seems as libelous as was the short report a few days ago. If true, and if HUT can prove it in court, perhaps they can sue for damages. No doubt, that's an uphill battle.
But if, as alleged, this was lying for the short company's own benefit then, perhaps, it's illegal like insider trading.
From statement:
HUT8 "... believes that the report is filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The report appears to represent a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives. .... The Company believes that the report was designed for the sole purpose of negatively impacting Hut 8’s share price for the short seller's own benefit, at the expense of Hut 8’s shareholders, partners, and employees."
That's a strong statement.
Revenue of "... approximately $700,000 per day," isn't the point if a company spends $800,000 per day to make it.
Boiler wrote the two magic words: "... profit provides."
And FWIW, any influencer, or company for that matter, which writes with a straight face the phrase "hockey-stick growth," when referring to a stock' price future, seems to me to be proving, instead, the only place that hockey stick is going is right up the wazoo.
The only question is whose wazoo?
Yes, you're right. It's a total shitshow. Thanks for clarifying it's not the miners themselves.
You're describing the mass hypnotic manipulation the MMs play on all of us. Not just the MMs, either. Most of the adult children who make their fortunes as members of the financial media, too. Masses of words are written by people who, in reality, don't know their financial right hand from their left and who just follow the bouncing balls in their head. Or worse, the bouncing balls others order them to write about.
In the long run, we're supposed to trust the age-old Mr Market who says, in the end, at the end of all the noise, the best company wins.
At times, we've all been crushed under this crazy, sick game.
And yet, here we still are, waiting and hoping. Good luck to us all.
Lokotomy wrote regarding miners: "... now I'm worried halving will destroy them all..."
Yes, the roller coaster market hates stockholders who get tossed around like sacks of potatoes.
But Bitcoin requires miners to work. Without miners a bitcoin is worth less than a potato because you can't eat a bitcoin. It's the miners which make the "dumb" bitcoin valuable.
People are worried that quantum computing could replace current mining because they might be able to crack the codes more easily than any of the current miners. But quantum computing is always decades into the future.
Why are you worried miners could be destroyed?
J capital research is a real shorting company. They're not a joke. But sometimes the short scare turns out to be a known thing and today's release shows up as old news making it a fear event and buying opportunity.
Hard for me to accept HUTs' DD was so weak to have not known everything about this company.
As of now,, I trust HUT more than this report.
Where's info regarding if Hut knew this and saw an opportunity?
Hard to imagine HUT was taken advantage of here. They're too smart for that. And if they were lied to during process and sale, then the lawsuits will begin and HUT ends up with all of it.
Perhaps in a day or two, HUT looks like they knew this all along.
Many will end up with 1 share because the last 100 to1 RS and this new 400 to 1 RS will take most of us into a fractional share from which we will get rounded up to 1 share.
From press release:
"No fractional shares will be issued in connection with the reverse stock split. Any fractional shares of common stock resulting from the reverse stock split will be rounded up to the nearest whole post-split share and no shareholders will receive cash in lieu of fractional shares."
If somebody owned 10,000 shares a couple of years ago, today they own 100 because of the last 100 to 1 reverse split.
On Dec 22, 2023, after this new 400 to 1 RS occurs, will today's 100 shares become .25 shares.
After Dec 22's latest 400 to 1 RS, will they actually end up with .25 shares? Or 1 share? Or 0 shares?
Will the original 10,000 shares simply vanish?
So what's the deal with the option to buy warrants at $8.7-, something like that. How does any of this make rational sense given current price?
First time I've ever felt stupid holding this stock.
The first paragraph of this PR report below is the dumbest shit I've ever read. IQSTEL is a technology company. Not one woke word of this idiotic sentence is relevant to the work IQST says it does.
Do the tech. Let people buy it. IQST mucked up this simple truth and have wasted all of our time and money.
Making it worse is that embedded in the POS paragraph is a plagiarized lifting of 1950s psychologist Abraham Maslow's famous recipe for "self-actualization," called the "Hierarchy of Needs."
Maslow's work was ground-breaking. IQST's "Mission statement" just took a dump on it.
https://www.iqstel.com/
"iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational public company preparing for a Nasdaq up-listing .... iQSTEL’s mission is to serve basic human needs in today’s modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today’s modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, affordable mobility and access to information."
Dude, this was published:
NEW YORK, Oct. 19, 2023 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) today announced year-to-date (YTD) revenue through Q3 of $100 million based on preliminary accounting. The 2023 YTD revenue exceeds the revenue of $65 million for the same period last year, in 2022, by 54%. Management expects the company to surpass the previously announced $120 million revenue forecast for year-end 2023."
Notice this came from PR newswire, not exactly the best business media. But if the $100 million is a lie, then we're all toast. But lying in public is stupid and those who do it publicly always get exposed.
If a company wants to be saved, then they need to make themselves look tasty to hungrier companies. That's all I'm saying. Pretty simple to understand.
I'm not hyping. They must keep cash flow in view. It's the carrot to keep cash-hungry companies interested.
$100 million cash flow is showing a little leg just to keep the big companies interested in buying. The big companies always need more cash flow.
HIVE Digital is Now a NVIDIA CSP Partner and Announces GPU Grants for Open-Source AI Developers
https://mailchi.mp/hivedigitaltech.com/hive-digital-is-now-a-nvidia-csp-partner-and-announces-gpu-grants-for-open-source-ai-developers
CANDU.
It's not HALEU, it's Canadian fuel, involving Canadian reactors across Europe. I suppose it makes some sense, letting the Europeans test it out prior to opening plants here.
https://www.ltbridge.com/investors/news-events/press-releases/detail/399/lightbridge-launches-engineering-study-to-assess
October 17, 2023
Engages Institutul de Cercetari Nucleare Pite?ti, a subsidiary of Regia Autonoma Tehnologii Pentru Energia Nucleara (RATEN ICN) in Romania
@PITE?TI, Romania and RESTON, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, is pleased to announce it has engaged Institutul de Cercetari Nucleare Pite?ti, a subsidiary of Regia Autonoma Tehnologii pentru Energia Nucleara (RATEN ICN) to perform an engineering study to assess the compatibility and suitability of Lightbridge Fuel™ for use in CANDU reactors. This assessment will cover key areas including mechanical design, neutronics analysis, and thermal and thermal-hydraulic evaluations. The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.
What are CANDU Reactors?
Canada Deuterium Uranium (CANDU) reactors, initially designed in Canada during the 1960s, use natural-uranium fuel and heavy water as both a moderator and coolant. Unique in their design, they can be refueled while operating at full power. This contrasts with US reactors that require shutdown during refueling. CANDU is the standard for Canadian nuclear power and is also used in Argentina, China, Indi Korea."
'bout time. Wonder what took so long?
Quote: "It’s ok though as long as they don’t reverse split and or dilute like crazy we are in good hands !! Just don’t know how they can realistic fund operations without the dilution !!"
Agreed. Cash flow matters. Once steady cash flow is dependable, though, then, perhaps a hint, rumor, or even offer becomes reasonable. If that happens, let the games begin. Until then, seems to me, it's back to living on quicksand. More brutal testing may still be yet to come.
But dependable cash flow could--somewhere/sometime--be seen as a tasty snack to VZ or T, or even a smaller player like IDT, which built a successful, multi-dimensional business not totally dissimilar to IQST. All three of these tel companies may want a south-of-the-border partner. IDT may, in fact, have the most experience in Spanish speaking countries.
Successful companies lose boatloads of money which can be a positive, as long as they make boatloads more than they lose on R & D and risky possibilities.
Losing money for the right risks allows write-offs to be seen as investments in the future. If IQST brings in enough cash flow, a company placing big bets may want the flow so they can continue making their big bets.
We've been kicking around the acronym HALEU on this Board for at least the past 2 years, maybe more. It all feels fuzzy as time doesn't seem to hold together the way it used to.
But after years of mentioning HALEU, this is the first time I've ever heard this: "The Putin government's control over a special nuclear fuel has rattled the West's atomic industry.
New deals show the U.S. is finally trying to catch up."
LTBR has a desk drawer full of patents from countries around the world regarding HALEU fuel. LTBR has been at the heart of HALEU, it seems, from the beginning.
Never a word about Putin, Russia, or a race which is being run.
For this article to say "... the U.S. is finally trying to catch up "
What? Dept or Energy has been sitting on its thumb for a long time. Only recently was LTBR/HALEU even let in the room. The first research grant to them was recent history.
If Russia had been speeding ahead all this time, it seems odd we're hearing it for the first time now.
Perhaps there is evidence for such a statement, but I've never heard of it.
Still, it's all intriguing. And if it helps get HALEU at all the tables which means LTBR and it's drawer full of patents, let the games begin.
Awesome article.
Vivek Ramaswamy is the gastroenterolgist of political specialists.
He's he only one to accurately diagnose the U.S. as having digestive diseases not dissimilar to IBS, Crohns and a host of other modern ailments.
In crude terms, the U.S. is constipated from decades of bad habits and now we're bloated, obese and paralyzed.
And he's brave enough to say this aloud.
Source: GlobeNewswire Inc.
Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced that it received a Notice of Allowance for a crucial divisional patent from the United States Patent and Trademark Office related to a method of manufacturing Lighbridge’s multi-lobe helically twisted metallic fuel rods via the casting route, which is the Company’s preferred method of forming a fuel core billet prior to co-extrusing an entire billet assembly (i.e., fuel core billet together with a central displacer wire and a zirconium alloy cladding canister) into a complete fuel rod.
ChuckBits, I laughed when I read your comment, pointing out my bone-headed inaccuracy regarding HIVEs ath.
While I didn't like the reverse split, I was in favor of it at the time due to the ugly market circumstances. HIVE needed to keep their head above water and a dollar.
Now, getting SP to $28.75 will take some time. If they succeed, perhaps it will someday make sense to reverse the reverse split.
HIVE entered the US market from Canada with too many shares, at least compared to some newer miners which had 40 to 80 million. HIVE had way more, over 400 million, if memory serves. This might have allowed them to be one of the most liquid and active trading stocks on the Toronto exchange, but it was poison to the OTC, then Nasdaq. I think Frank Holmes made a mistake, thinking, or assuming, that HIVE would maintain such activity when they reached the US market. When this didn't happen, it left HIVE fat and unappetizing to the institutional gorillas. That honor went to MARA and RIOT, with HIVE left to reinvent itself in the brave new world.
Having so many shares made HIVE a difficult and/or confusing company. In my opinion, they misread the American market and should have done the reverse split before they reached the US shores and Nasdaq. Had they gotten here with 60 million, instead of 400 million, things might have unfolded differently.
But that's all assumption vapor. A waste of typing with my thumbs.
Almost to all time high.
Where in the doc does it say this?
"CORZQ equity reinstated"
Hey ChuckBits, great hearing from you. Glad we're both alive and kicking. Although, still kicking also means still being kicked. Haha. That part's not as much fun.
Who knew tiny HIVE Bitcoin miner with their messy beginnings would have actually carved out a seat at the table in the future of, well, everything.