BITCOIN / BLOCKCHAIN/ CRYPTO CURRENCIES

[mattstone]

LMRMF (Lomiko Metals Inc.) Recent News

Lomiko Investment Promethieus Cryptocurrency Mining Outlines Plan To Go Public Press Release | 04/06/2018

https://www.otcmarkets.com/stock/LMRMF/news/Lomiko-Investment-Promethieus-Cryptocurrency-Mining-Outlines-Plan-To-Go-Public?id=188370


LOMIKO METALS INC. (TSXV:LMR) (OTC: LMRMF) (FSE: DH8C) (ISIN: CA54163Q1028) (WKN: A0Q9W7) (LEI: 529900GJP51V4HR9MN94) ("Lomiko" or "the Company”) has engaged Isatis Capital Partners ("Isatis") to plan the organization and the inception of a UK public cash shell, done in parallel with a European financing through a licensed broker/dealer for Promethieus Cryptocurrency Mining Corp (Promethieus). Following this, the company plans to select a European Exchange. Lomiko has an option to increase its position in Promethieus Cryptocurrency Mining Corp. previous to the Reverse Tale Over (RTO) with the UK shell if funds are required for operational reasons. Lomiko currently owns a 25% equity stake in Promethieus as well as a 25% equity interest in SHD Smart Home Devices, which also owns 25% of Promethieus.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180406005184/en/

Golden Goose Cryptocurrency Mining Rig
The scope of the Isatis mandate involves two activities, namely: (1) the organization, implementation, clearing with securities regulator and the floating on a Multilateral Trading Facility (MTF) of a Public Limited Company (PLC) organized under the Companies Act, 2006 of the United Kingdom and (2) canvassing and introducing through a licensed broker/dealer to European sophisticated and institutional investors the proposed venture to be amalgamated in the cash shell with the aim to carry out a private placement concurrently with the floating of the ordinary shares of the PLC on a MTF regulated under the Markets and Financial Instruments Directive (MiFID).

Promethieus has assembled a proof of concept demonstrator called the Golden Goose Crypto Rig for market validation and testing customer interest. The concept was well received at a recent Vancouver economic summit. The overwhelming response has set the stage for both consumer and enterprise sales such as centralized Mining Farm operations. Configuration of a lower power home and/or office cryptocurrency mining rig called the Golden Goose II for individual consumers seeking to participate in cryptocurrency mining has been added to the product roadmap to support the increased market interest. Both rigs are fully operational and have been actively mining since December 2017. The enterprise and consumer Golden Goose Crypto Rigs will be further optimized for production to benefit from volume buying cost reduction post funding.

The current Promethieus team has expertise in power management hardware and is developing power management systems to reduce power consumption, increase longevity and maximize hardware operating efficiency for high cost, power hungry electronics hardware associated cryptocurrency mining. Further, the client has established relationships with owners of several facilities and has a rollout plan to rapidly increase mining capabilities based on available capital.

For more information, please contact 604-729-5312 or Email: [e-mail] Website: lomiko.com.

LMRMF (Lomiko Metals Inc.) *OTCQB*
$0.0622 as of 03/24/2018


https://www.otcmarkets.com/stock/LMRMF/profile

Description

Lomiko Metals is focused on the exploration and development of minerals for the new green economy and also has a 100% interest in Lomiko Technologies Inc., an investor in Smart Home Devices, Cryptocurrency Mining and graphene technology. The Company is a reporting issuer and an exchange issuer under the Securities Act of British Columbia and Alberta and, as such, is required to make a filing on a continuous basis there under. Such material is available for inspection at www.sedar.com. The common shares are listed and posted for trading on the TSX-Venture Exchange. Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration, and development of resource properties that contain minerals for the new green economy. Its mineral properties include the La Loutre, Lac Des Iles, Quatre Milles Graphite Properties and the Vines Lake property which all have had major mineral discoveries. It's wholly owned subsidiary Lomiko Technologies Inc. owns 25% of Promethieus Cryptocurrency Mining, 25.13% of SHD Smart Home Devices, 40% of Graphene ESD Corp.

LMRMF Security Details - Share Structure

Market Cap
2,377,195
03/23/2018
Authorized Shares
100,000,000
07/31/2017
Outstanding Shares
38,218,572
01/31/2018
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
10,580,000
03/02/2017

Par Value
No Par Value

Promethieus Launch is Tied to SHD Smart Home’s Use of Blockchain Security for Internet of Things Products

https://www.otcmarkets.com/stock/LMRMF/news/story?e&id=983379

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) announces details of the strategy for 25% owned Promethieus Cryptocurrency Mining Corporation (“Promethieus” or “the Company”) www.promethieus.com, a cutting-edge cryptocurrency mining company and 25% owned subsidiary SHD Smart Home Devices Corporation (“SHD Devices”) www.shddevices.com, an Internet of Things (“IoT”) Company. Promethieus has posted a downloadable PowerPoint that describes key aspects of the company under Quicklinks.
“We are focused on our objectives despite volatile markets,” stated A. Paul Gill, CEO.
In a December 13, 2017 article on Yahoo Finance, Royal Bank of Canada (RBC) Capital Markets analysts Mitch Steves and Amit Daryanani estimated the total valuation of cryptocurrencies could reach $10 trillion from its current levels around half a trillion. However, there was no timeline for this ultimate valuation.
Lomiko’s investment in SHD Devices, an Internet of Things (“IoT”) company, has been a partner in the development of Promethieus and will be using Blockchain for security protocols. There is synergy between the two companies in the IoT industry.
Blockchain or Distributed Ledger Technology may have a similar impact upon homes and offices as the internet. Blockchain's big advantage is that it's public and secure. Everyone participating can see the blocks and the transactions stored in them but the content is protected by a private key. A blockchain is decentralized, so no single authority can approve transactions or set specific rules to have transactions accepted. All the participants in the network must reach a consensus to accept transactions.
The possibility of interaction between blockchain and IoT would increase the security of remote access provided by IoT applications alone. The convergence of blockchain and IoT is on the agenda for many companies and there are existing implementations, solutions and initiatives in several areas, outside of IoT and financial services. As IoT adds more and more devices to the digital fold every day, organizations of all sizes are recognizing IoT's potential to improve business processes and, ultimately, accelerate growth. Meanwhile, the number and variety of IoT solutions has expanded exponentially, creating real security challenges. Primarily, there is a need for secure common tasks such as sensing, processing, storing information, and communicating.
For more information on Lomiko Metals, review the website at www.lomiko.com.

Promethieus Introduces the Golden Goose Cryptocurrency Mining Rig

https://www.otcmarkets.com/stock/LMRMF/news/story?e&id=995672

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Lomiko Metals Inc. (“Lomiko”) 25% investee Promethieus Cryptocurrency (“Promethieus”), a cutting-edge cryptocurrency mining company, has introduced the Golden Goose for Cryptocurrency Farm Mining operations. Configuration of a lower power home and/or office cryptocurrency mining rig called the Golden Goose II for individual consumers seeking to participate in cryptocurrency mining is also underway.


The Promethieus Cryptocurrency Mining Rig - Golden Goose demonstration model

A fully functional power limited Golden Goose demonstration model debuted February 2 and 3, 2018 and was actively mining Ethereum during the World Outlook Conference held in Vancouver, B.C. hosted by Moneytalks.net Radio Show Host Michael Campbell. Two seminars at the conference for Promethieus were filled to overflow capacity.
The Golden Goose Industrial Rig for Farms was developed by the engineering team at SHD Smart Home Devices (25% Promethieus equity owners) to address concerns regarding heat and power management to make the device suitable for mining farm use. Promethieus is a customer service oriented company that will focus on providing quality devices with optimal longevity, optimal cost of operation, the latest in software support and technical support services.
Contact [e-mail] to express an interest in pre-ordering the Golden Goose I or II and receive a contract detailing service and obligations. The target cost is approximately $ 7500 USD each. Priority lists will be established for Lomiko shareholders of record as of February 29, 2018 with 100,000 shares or more. After February 29, 2018, each buyer will receive wire instructions and will have 10 days to confirm their order through a payment deposit of 50% per machine ordered. Delivery time is anticipated to be within 120 days for receipt of the machines depending upon their priority and availability status.

https://investorshub.advfn.com/Lomiko-Metals-Inc-LMRMF-28964/

http://www.ddninja.com/index.php?ticker=lmrmf