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“Installation and mining are expected by middle of

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peafunke   Saturday, 05/16/20 10:04:16 AM
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“Installation and mining are expected by middle of April 2020.

The RINK facility is in Manitoba, Canada. Canada's low-cost renewable hydropower and cool weather are ideally suited for bitcoin mining operations. The RINK facility is planning a 1.5MW electrical capacity upgrade that will take a year to complete. XTRA intends to acquire 70% of that capacity as part of XTRA's development pipeline.

XTRA has agreed to pay XCrypto $75,730.48 for the miners, installment and electrical distribution and to pay 70% of rent and NNN lease expenses and actual electrical usage. This $75,730.48 acquisition is financed by XCrypto at 12% over 2 years with a monthly payment of $3,564.90. The five-year RINK, phase 1 lease of $700 per month is with Protocall Technologies Inc - PCLI that has a master lease of the RINK property. Affiliated parties disclosure: The Rink property and XCrypto are owned by Paul Knudson and XTRA - CBTC and Protocall - PCLI are controlled by Paul Knudson.”

Paul is going to pay Paul.

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