Sunday, May 05, 2024 9:43:04 AM
There were several things from the Q&A that stood out to me.
1) The time frame for uplisting being 18 to 24 months. I was expecting 6 to 12 months.
2) Short term goal of 10,000 miners in 12 to 24 months. That would put Logan halfway to his goal of 20,000 miners prior to uplisting.
3) A projected share price of .09 after the R/S. IMO that's low. A split at the current price of .0003 would translate to .048 post-split. Better than halfway to .09. Maybe my math is wrong. (4,288,470,972 O/S converts to 26,802943 shares after 1:160 split).
4) While it looks like the R/S is inevitable, IMO it is not imminent.
Meanwhile we have Q1 results in 10 +/- days to look forward to.
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