Sunday, April 28, 2024 5:55:52 PM
The questions listed will more than likely answer some of the questions that weren't. Also, I have reworded some of the questions for clarity. Thank you for taking the time to articulate these very reasonable questions.
1. There are still plenty of Authorized shares not issued. What is the reason for the R/S and will the Authorized & Outstanding shares be reduced proportionally? (Kevin-Tennessee)
2. When will the new machines be purchased, how will they be funded and what is the total amount of miners you expect to purchase? (Ihub Shareholder)
3. Are there any plans to expand A.R.T. Digital beyond being solely a BTC mining operation. (Don-Mifflinburg, PA).
4. Has there been any discussion with other companies about the possibility of a merger or buy-out? (Eli-Orlando, Fl.)
5. What is the target share price once the R/S is done and projected timeframe to up-list?
(Dwayne-Saskatoon, Canada)
6. Have you considered cancelling the R/S and raising the share price by other means such as a share buy-back? (Jeff-Pittsburgh, Pa)
7. A couple months ago, you said that you hired a PR firm. As of yet, we have not heard from them. Will you commit to a monthly Shareholder’s Update Letter to keep shareholder’s and potential shareholders informed? (Stinger-U.S.A.)
8. Were the miners purchased new and what is the life expectancy for them? (Iron Hammer)
9. Do you have employees? If not, who maintain the miners and retrieve the completed Bitcoins?
10. Probably 99% of R/S doesn't work out for the shareholder. Why are you confident the r/s will be different and bring shareholder value? (Brock-Kissimmee, Fl)
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