This is a solid company with solid revenues and businesses and GOVERNMENT CONTRACTS unlike 99% of the other BS crypto plays out there. $DPW is solid!
Expecting update/news on the Digital Power Lending, LLC which is going to be BLOCKBUSTER and set this stock on a major run.
Company already has the website up digitalpowerlending.com/ and has stated "Digital Power Lending, LLC believes approval of its California state lending license is imminent" The new CEO of Digital Power Lending, LLC, Bill Corbett, is a Wall Street shark -– a former Bear Stearns and Lehman Brothers kind of shark — with more than 30 years of experience in investment banking. Bill is going to crank this stock to well over $10 short term imo.
$DPW stated, "Digital Power Lending, LLC believes approval of its California state lending license is imminent;"
Zacks Small Cap Research •June 5, 2017 Today the Digital Power (DPW) finalized the purchase of 50.5% of Microphase, a 62 year old electronics company based in Shelton, Connecticut. Microphase designs, manufactures and sells microwave electronics components for radar, electronic warfare, and communication systems. Its customers are the U.S. military and allied militaries, and contractors to the U.S. military including prime contractors and sub-contractors.
DPW raised 2018 revenue guidance 50 percent from $25 million to between $36 million and $38 million.
The change is justified by a swell in orders at Digital Power’s defense and commercial units, including a major Microphase Corporation order from the U.S. Air Force.Management anticipates additional orders throughout 2018, compounded by synergies from Microphase, impending approval of Digital Power Lending’s California license, the development of a hospitality division and cryptocurrency exposure. https://www.benzinga.com/news/17/12/10884412/digital-power-rises-on-guidance-us-air-force-order
$DPW has been a leading-edge expert in advanced, customized computing systems from before the first PC was invented in the early ‘1970s. Do some DD here, this is a SOLID NYSE company and it ain't going anywhere but up in price per share. I feel SORRY for "those" that are SHORT $DPW.
FREMONT, Calif., Dec. 07, 2017 (GLOBE NEWSWIRE) -- Digital Power Corporation (NYSE AMERICAN:DPW) ("Digital Power" or the "Company"), a company seeking to increase revenue through acquisitions and organic growth, stated today that it anticipates that its gross revenue for the year 2018 may increase from roughly $25M to between $36-$38M, on a consolidated basis.
The Company affirms its guidance of $4.2-$4.9M (www.digitalpowercorp.com/digital-power-corp-announces-investor-update-for-third-quarter-2017/) for the quarter ending December 31, 2017.
In addition, for the quarter ending December 31, 2017, Digital Power expects to report growth in comprehensive income due to significant appreciation of its marketable securities held for resale on its balance sheet.
The Company is presently realizing improvement in all its divisions and is benefiting from synergies at Microphase Corporation and reported: The production for the MTIX $50M purchase order over 3 years is progressing as planned; Digital Power Lending, LLC believes approval of its California state lending license is imminent; The development of its Hospitality division is proceeding as scheduled. Cryptocurrency Product Suite
DPW is, through its subsidiary Coolisys Technologies, developing a suite of branded cryptocurrency products and services based on its world-class power solutions on both the ACIS and GPU platforms.
Balance Sheet
We expect a significant improvement to our balance sheet due to receipt of proceeds from the exercise of warrants and a reduction of liabilities from the conversion of a significant portion of our debt.
Digital Power’s attendance at 10th Annual LD Micro Conference and its presentation on December 7, 2017 was pre-empted by the wildfires in Southern California. Moreover, the investor presentation has been deferred and its release will be announced at a later date. The Company said it appreciated the acute focus on safety and caution was appreciated by all the attendees.
About Digital Power
Headquartered in Fremont, CA, Digital Power Corporation, through its subsidiaries, designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Our products are used in the most demanding communications, industrial, medical and military applications where customers demand high density, high efficiency and ruggedized power solutions. The Company’s wholly owned subsidiary, Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver for mission-critical applications and lifesaving services. Coolisys’ growth strategy targets core markets that are characterized by “high barriers to entry” and include specialized products and services not likely to be commoditized. Coolisys, a developer and manufacturer that services the defense, aerospace, medical and industrial sectors, has three subsidiaries: Digital Power Limited, a wholly owned manufacturer based in Salisbury, UK.; Microphase Corporation, a majority owned subsidiary, with its headquarters in Shelton, CT 1-203-866-8000; and Power-Plus Technical Distributors, a wholly owned wholesale distributor based in Sonora, CA 1-800-963-0066. Digital Power Lending, LLC, is a wholly owned subsidiary of the Company, is based in Fremont, CA, and is a California private lending company dedicated to strategically providing capital to small and middle size businesses for an equity interest in addition to loan fees and interest. Excelo, LLC is a national search firm specializing in fulfilling strategic executive, professional and hi-tech placements for businesses delivering world-class services. Digital Power Corporation's headquarters is located at 48430 Lakeview Blvd., Fremont, California, 94538; 1-877-634-0982.
For Investor Relations inquiries: IR@digipwr.com, www.digitalpowercorp.com or 1-888-753-2235.
The Best Crypto Mining Rig Power Supply on the Market!
Cryptocurrency Product Suite
DPW expects to leverage its 48 years of high-density, advanced power supply design, development and manufacturing experience to deliver superior systems to the burgeoning and exceptionally power-intensive cryptocurrency mining sector, as evidenced by the recent launch of Coolisys’ first crypto hardware product under the brand Super Crypto Power. DPW is, through its subsidiary Coolisys Technologies, developing a suite of branded cryptocurrency products and services based on its world-class power solutions on both the ACIS and GPU platforms.
DPW’s Subsidiary Coolisys Technologies Unveils Its First Cryptocurrency Hardware, December 4, 2017 www.digitalpowercorp.com/dpws-subsidiary-coolisys-technologies-unveils-its-first-cryptocurrency-hardware/
Targets Popular Antminer Model S9 to Launch Power Product Line for Digital Miners FREMONT, CA, December 4, 2017 – (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE.American: DPW) (“Digital Power” or the “Company“), a company seeking to increase revenues through acquisitions and organic growth, announced today that its wholly owned subsidiary, Coolisys Technologies, Inc. (”Coolisys”), anticipates launching a line of advanced technology power systems for digital mining of cryptocurrencies, including Bitcoin and the other top digital currencies worldwide. Both digital mining as an industry and cryptocurrency as an asset class have experienced exponential growth for the past 5 years. Leveraging the Company’s 48 years of designing, manufacturing and receiving worldwide adoption of its highly efficient and durable power solutions and systems, Coolisys believes it is well positioned to resolve challenges with the cost and use of power for today’s burgeoning digital mining community and adopt and implement other technological improvements.
Coolisys stated that the first miner AC-DC switching power supply being produced will be for use by the Antminer S9 model by Bitmain Masters and can now be pre-ordered. The very popular and highly regarded Antminer S9 was the world’s first dedicated bitcoin miner using an application-specific integrated circuit, (commonly known as an ’ASIC’), based on the sixteen nanometer (“16nm”) process on its system. Coolisys noted the new product line was a result of the agreement with PoW Digital Mining previously announced on August 10, 2017, which said ‘PoW Digital Mining is to lead its development of an equipment and services portfolio targeting Digital Mining and related research and development of cryptocurrency. The active digital mining markets led by Bitcoin, Ethereum and the other 900+ digital currencies have created a budding hardware demand driving the need for efficient low-cost power solutions.’ PoW Digital Mining affirmed that the top issue for most professionals and amateurs who actively mine Bitcoin, Litecoin and other cryptocurrencies is energy costs. Cryptocurrency mining of block-chain transactions is power-hungry. The most successful miners are those that get the highest hash rates out of their systems, at the lowest total cost. Since electricity is the biggest on-going cost of mining, it follows that maximizing the efficiency of the power supply is critical. Even with the smallest of efficiencies delivering notable savings, PoW Digital Mining reported that a new line of crypto-mining power solutions within a suite of products could be readily commercialized.
Amos Kohn, President and CEO of Coolisys Technologies and Digital Power Corporation stated, “We have a competitive advantage given our expertise in developing and providing advance power solutions for the tech, military, industrial and healthcare sectors. To power the AntMiner S9, we will utilize our field-proven platform, previously implemented to power cloud-based computing networks and servers, that employ highly-efficient power switching with fully synchronous rectification and advanced digital signal processing (DSP). Our power solutions are based on next-generation design and we believe are among the most technologically advanced power processing solutions available. We project our cryptocurrency initiatives and products could have a material effect on the Company’s revenues and net income for this component of its operations during 2018. We look forward to presenting what we are developing.”
“When we first met with the Digital Power in 2016 and were becoming familiar with its long history of manufacturing advanced power solutions, we recognized that the Company was underutilizing its technical knowledge base and product development capabilities. Our investment strategy included our looking forward to harnessing and leveraging these assets to provide a range of new product portfolios and expanding the Company’s revenue streams. We look forward over the coming months that the marketplace will continue to appreciate the abilities and potential of DPW, its management and staff and its strategies to bring added-value to our shareholders,” commented Milton “Todd” Ault, III, the Company’s Executive Chairman.
Units may be pre-ordered at www.SuperCryptoPower.com with units shipping some time during the first quarter of 2018.
The Company reminds its shareholders, investors and the public it will issue an investor update before the opening of the market on the morning of December 7, 2017. Topics will include an update on revenue guidance for the quarter and 2018, a progress report on the cryptocurrency initiatives by Coolisys Technologies, advances made on the MTIX $50M purchase order and the advanced technology platform and an update on Digital Power Lending.
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