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Amatuer17

05/02/21 6:35 PM

#32736 RE: LEBRUS #32735

The presentation was good - it is interesting that he claims that they are pure play in PoS - in fact HIVE is much bigger pure play - they have some 20,000+ ETH and 320+ BTC. They also do PoS for Ethereum.

In any case, the co has 45 million o/s shares - to ensure that their SP remains above $4 for some time - they will have to do a r/s in the ration of 5:1 at least - that will make the o/s shares to less than 9 million.

If it goes on Nasdaq with those numbers - it can be fun - either up or down.
With such low floating stocks, shorts can dump it and Reddit crowd can pump it crazily.

It has blockchain, Bitcoin and Ethereum in the description - so put together the market cap can jump from $50 M to $ 300 M in no time.

A big speculative play