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Re: None

Tuesday, 04/24/2018 6:07:01 PM

Tuesday, April 24, 2018 6:07:01 PM

Post# of 333
from 10k

As of April 3, 2018, we had 85,140,000 shares of our common stock issued and outstanding


The large majority of the shares held are owned by insiders and restricted. Thereby, the shares available on the public float are much less than the total issued and outstanding shares. This could create a higher level of volatility for share prices. This may benefit the Company in the near-term, but could have the opposite affect or could be a short term detriment to the Company, with the shares rapidly increasing at a later date. However, overall there is a volatility risk inherent in the share pricing.


100,000,000 shares authorized; 79,940,000 and 77,520,000 shares issued and outstanding, respectively


All Directors and Officers as a Group (2 persons) 68,200,000 -> 80.10 %


Loss from continuing operations 2017: (73,745) 2016: (535,662)



from 8k

On January 17, 2018 we sold 5 GPU mining rigs to an unrelated third party for a total of $40,000.00 which includes a 2 year service
contract whereas we will provide general maintenance of the mining rigs and electricity to operate them for the duration of the service
contract.



From the FAQs on their website:

How do we obtain our mining rigs?
Most mining companies purchase ASIC based mining rigs from China which require a long waiting period, our business model is different, we build all our mining rigs in-house and purchase our hardware from US based suppliers, this allows us to scale our mining operations significantly within our industry.


Based on the current environment thus far, how much will each machine expect to produce in Bitcoin or Ethereum?
Our mining rigs are capable of efficiently mining approximately $400-$500 per day in Ethereum cryptocurrency and $500-600 per month in Bitcoin cryptocurrency per rig.


Which cryptocurrency assets will Nodechain, Inc. ultimately mine? We mine Ethereum and Bitcoin, but may consider other cryptocurrencies like Zcash, Ethereum Classic, Bitcoin Gold and Monero.