News Focus
News Focus
icon url

Buffit

05/23/22 12:07 AM

#72006 RE: I-Glow #71998

That shows how little you know about how to run a business for a public company.

Pillsworth stated that "hashing rates are estimates only and the actual outputs of the mine are subject to changes based in part on the difficulty rates associated with the Bitcoin network, as well as other conditions that impact our mining output."

A caveat emptor designation put on a public company can cause substantial adjustments regarding it's operations, as it relates to obtaining funds, allocation of resources to meet priorities.

Pillsworth is giving priority to removing the CE, before he moves forward with plans to grow the company.
All the things needed to be done to remove the CE, probably costs tens of thousands of dollars.

It doesn't make sense to fully install the new equipment, which will then cause payments to begin as per contract, thus taking away money needed to remove the CE.

And that will happen very soon, after a MM files a Form 211 for Finra to clear, followed by CCTL submitting an application to the OTCM, requesting a review to remove the CE.

Then it's on to build a successful company and increase stock share value.

AIMO, which I am 99.99999% sure of :)