A theory for everyone to repudiate, LOL)
I think what happened to get us to this opportunity to make a lot of money in HIVE was this.
As a strategic corporate move for fiscal year 2017, I think Genesis privately decided that they needed to vertically integrate so that they controlled their hardware. So they bought out (or bought controlling interest into) some party that allowed them to control their own machine manufacturing. You can hear that in the youtube video I posted a link to yesterday, where it is clearly stated that Genesis controls their hardware.
Sometime shortly after that, Genesis got hacked. Do a web search in July. I think it was July 27. My guess is that the hack cost them their cash reserves bigtime & they were, by no means, going to tell the world how much damage was actually done.
Subsequent to that, the guys behind Genesis hit youtube with a bunch of video to reassure their market that they were going to make restitution & that they had remedied the security issues. Again, go to youtube & do a search.
So, behind the scenes I am guessing the principals with HIVE stepped in to supply money that was needed and that Genesis was not ever going to publicly announce they were in need of. In essence, what I THINK happened was that HIVE's people saw that there was an opportunity to buy in because of the unexpected cash issues that the hack caused. They stepped in like the Lone Ranger, and we now see this newly investable company show up in September.
These things are guesswork & could be wrong, but thats what I'm reading between the lines. Could be wrong, & I'm ready to admit that, but thats my take.
So, if the present stock we call HIVE is the outcome of an opportunistic business decision, and if their investment move is a wise one and if it is as well timed as regards the general momo in this disruptive crypto niche, it is all a very well positioned opportunity, as far as I can tell.
I think the Sweden thing is the cherry on top.
The nearness of this mining opportunity launching (December!!!) is cause for a lot of optimism, IMHO.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
