Followers | 86 |
Posts | 7974 |
Boards Moderated | 4 |
Alias Born | 01/24/2007 |
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Monday, March 30, 2020 7:58:13 PM
This was on many Crypto & Blockchain 'watch lists', but Price/Volume action never triggered any actual buying, which is one reason this board is dead. Imagine if they IPO's on the OTC for .001 - then there would be 10,000 posts by now (and a 100 bag-holderz - we all know who).
Anyway, the Ambulance Chasers are all over it
"$CAN Lawsuit on behalf of investors who purchased publicly traded securities of Canaan...in connection with the Company's November 20, 2019 initial public offering."
According to the filed complaint:
(1) the purported "strategic cooperation" was actually a transaction with a related party;
(2) the company's financial health was worse than what was actually reported;
(3) the company had recently removed numerous distributors from its website just prior to the initial public offering, many of which were small or suspicious businesses; and
(4) several of the Company's largest Chinese clients in prior years were clients who were not in the Bitcoin mining industry and, thus, would likely not be repeat customers.
Recent CAN News
- Canaan lance la troisième génération du mineur à refroidissement par immersion Avalon Miner A1566I lors de l'événement Mining Disrupt 2024 • PR Newswire (Canada) • 06/27/2024 04:06:00 PM
- Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 • PR Newswire (US) • 06/26/2024 03:21:00 PM
- Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 • PR Newswire (Canada) • 06/26/2024 03:21:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/06/2024 10:01:30 AM
- Canaan Inc. Secures Large Avalon Miner A1566 Purchase Order From Cipher Mining Technologies Inc. • PR Newswire (US) • 06/06/2024 09:30:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/30/2024 01:37:24 AM
- U.S. Index Futures Hold Steady After Dow Jones Touches Record 40,000-Point Milestone • IH Market News • 05/17/2024 11:26:44 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/17/2024 10:02:18 AM
- Canaan Inc. Reports Unaudited First Quarter 2024 Financial Results • PR Newswire (US) • 05/17/2024 09:15:00 AM
- Canaan Inc. to Report First Quarter 2024 Financial Results on May 17, 2024 • PR Newswire (US) • 05/10/2024 10:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 10:05:08 AM
- Canaan Unveils the New Avalon A1566 Mining Machines at Bitcoin Asia • PR Newswire (US) • 05/09/2024 10:00:00 AM
- Canaan debuts Avalon A15 New Product Series • PR Newswire (US) • 05/09/2024 05:44:00 AM
- Canaan debuts Avalon A15 New Product Series • PR Newswire (US) • 05/09/2024 05:08:00 AM
- AKT Token Skyrockets on Upbit Listing, IBIT Holds Strong in Top 10 ETFs, and More Crypto News • IH Market News • 04/23/2024 04:34:08 PM
- Canaan Announces Proposed Share Purchase by Management • PR Newswire (US) • 04/22/2024 10:00:00 AM
- Canaan Makes Statement Regarding Shelf Registration Submission • PR Newswire (US) • 04/19/2024 02:12:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 03:11:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 03:02:00 PM
- Canaan Shines at Blockchain Life 2024 in Dubai • PR Newswire (US) • 04/18/2024 02:53:00 PM
- Canaan Inc. Files 2023 Annual Report on Form 20-F • PR Newswire (US) • 04/17/2024 08:28:00 PM
- カナンのRISC-Vベース・エッジAIoT SoCが、ベリシリコンのISPとGPU IPを採用 • Business Wire • 03/14/2024 02:49:00 PM
- RISC-V-basiertes Edge-AIoT-SoC von Canaan setzt ISP und GPU IPs von VeriSilicon ein • Business Wire • 03/14/2024 12:08:00 PM
- Le SoC AIoT de Canaan basé sur RISC-V adopte les PI ISP et GPU de VeriSilicon • Business Wire • 03/14/2024 12:08:00 PM
- 嘉楠以RISC-V為基礎的端側AIoT SoC採用了芯原的ISP IP和GPU IP • Business Wire • 03/14/2024 11:10:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM