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Thursday, 05/31/2018 8:21:17 AM

Thursday, May 31, 2018 8:21:17 AM

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DMG Blockchain Solutions Inc. Announces Second Quarter 2018 Financial Results

https://globenewswire.com/news-release/2018/05/30/1513666/0/en/DMG-Blockchain-Solutions-Inc-Announces-Second-Quarter-2018-Financial-Results.html

Looks pretty good. Key Second Quarter 2018 Highlights:

Completed listing on the TSX Venture Exchange

Revenue of $3,344,699 (552% quarter-over-quarter revenue growth)

Purchased 2,650 new mining rigs utilizing an additional 4 megawatts of power for DMG’s MaaS customers

Completed acquisition of Blockseer, a Silicon Valley-based software development company, for approx. $2.6 million and 7,673,076 DMG shares

Constructing flagship data center with up to 85 megawatts (“MW”) of mining capacity, 40 MW of which are expected to be available in Q3.

Appointed Charlie Lee, creator of Litecoin, and Lou Kerner, known as the “Crypto Oracle” to DMG’s advisory board

Added two expert cryptocurrency and blockchain legal advisors, Varun Gupta and Samuel Osei

JMHO. DYODD. "An investment in knowledge pays the best interest." - Benjamin Franklin