Monday, March 04, 2024 12:13:02 PM
I disagree, I see $$$ as they appear (lol) I hit ignore on companies like CGAC.
New management, very simple organization, they mine, sell BTC, add more miners, and report results, very straightforward, nothing to bash, so they will try to create things, its bla, bla, bla over and over.
Think! We only have roughly 2m in debt, peanuts in the scope of things, and compared to other companies, IMO.
It seems to me, that the CEO and family self-funded his new company over a few years at a very fair interest rate, this is his choice, right it's his company. IMO. There was some older residual debut but this is even more insignificant than the amount mentioned above, we will see on the next filing if it is gone.
If BTC continues on its current path, I feel the money he invested to start the company will be paid back before the 2-year term, again in my opinion.
Have a great day,
TAZ
New management, very simple organization, they mine, sell BTC, add more miners, and report results, very straightforward, nothing to bash, so they will try to create things, its bla, bla, bla over and over.
Think! We only have roughly 2m in debt, peanuts in the scope of things, and compared to other companies, IMO.
It seems to me, that the CEO and family self-funded his new company over a few years at a very fair interest rate, this is his choice, right it's his company. IMO. There was some older residual debut but this is even more insignificant than the amount mentioned above, we will see on the next filing if it is gone.
If BTC continues on its current path, I feel the money he invested to start the company will be paid back before the 2-year term, again in my opinion.
Have a great day,
TAZ
Bullish
Recent CGAC News
- ePIC Blockchain Signs LOI with A.R.T. Digital to Redefine Bitcoin Miner Design with Breakthrough Air-Cooling Technology • InvestorsHub NewsWire • 06/18/2025 04:41:06 PM
- A.R.T. Digital Holdings (OTC: CGAC) Secures Non-Dilutive Financing for George West Site Supporting NASDAQ: BTBT • InvestorsHub NewsWire • 06/17/2025 09:07:36 AM
