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Re: 77Port post# 1806

Sunday, 06/30/2019 5:19:50 AM

Sunday, June 30, 2019 5:19:50 AM

Post# of 6252
Let's hope they all play nice and focus on the business at hand. There's no telling how long tis run will last or how high it will go. Make hay while the sun shines?

The agreement settles outstanding issues associated with the Sweden Data Center and both parties agreed to mutually release each other from all claims arising from the master service and related agreements, and discontinue any legal proceedings and withdraw any demands made. Furthermore, HIVE will assume responsibility for the operation of the Sweden and Iceland data centers from Genesis to itself or a third party, and Genesis will provide transitional services to HIVE to ensure an orderly transition. Additionally, the board of directors will undergo a restructuring which will see Marco Streng and Björn Arzt resign as directors of HIVE and its subsidiaries. As part of the agreement, for a period of three years, Genesis will be entitled to nominate one director to the HIVE board of directors provided it continues to hold no less than 10% of the Company's shares.

Since inception, HIVE has pursued and innovated as a public company in regulatory compliance and innovation. The transition to HIVE 2.0 sees HIVE pursuing a strategic agreement with Argo Mining on virgin coin off-take and its Mining-as-a-Service ("MaaS") platform geared towards institutions, which sees continued demand as a result of new FAFT regulation passed this week. HIVE has also partnered with Amber AI, a crypto trader providing state-of-the-art machine learning to optimize mining margins for HIVE's operations.


Pulling their heads out of each other's ass might have a "very positive impact on HIVE's gross mining margin."


Is that a quote from the article!!!!!!! LOL Appropriate.

Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!

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