HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

While $HIVE is diluting Mushroom Investors out of $110,000,000.00 and 1:5 REVERSE SPLITIN' those same Mushrooms down 80% of the number of shares they "held" Selling coins to keep the lights on, some other Miners are proving to their shareholders that they are valued for their loyalty and are willing to demonstrate that there exists a partnership between Company & Shareholder

OLB Group Authorizes Share Repurchase Program
BY Business Wire
— 7:30 AM ET 07/13/2022
NEW YORK--(BUSINESS WIRE)-- The OLB Group, Inc. (OLB), , a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that its Board of Directors has authorized a share repurchase program of up to 1,000,000 million shares of its outstanding shares of common stock.

Ronny Yakov, CEO of OLB Group (OLB), said, “Our Board of Directors has authorized this stock buyback to exercise our financial flexibility to buy our common stock from time to time as market conditions warrant. With no outstanding corporate debt and a, historically low, market valuation of 0.4 times projected 2022 revenue of $35 million, the Company sees an opportunity to reduce its shares outstanding at very attractive valuations."

The Board authorized the Company to purchase its common stock periodically on a discretionary basis through open-market purchases utilizing existing cash balances. The amount and timing of purchases under the share buyback program is contingent upon cash on hand, cash flows from operations, general market conditions and other factors. The program is anticipated to commence following the release of OLB’s second quarter financial statements in August. The program does not require the Company to acquire a minimum amount of its common stock, has no set termination date and may be suspended or discontinued by the Board of Directors at any time.

They could have easily chosen the Lowlife Lyin' Scumbag POS route and done a reverse Split.