The company doesn’t expect to compete Eli. At this point- it seems like the operation has been consolidating, equipment is aging and mining difficulty is only going to get more difficult as time goes on.
In addition to this, the company seems like it no longer has any interest in competing or continuing expansion into the crypto sector.
The new plans are to sell a clean pubco that is cash flow positive. This needs to emphasized and plans thoroughly communicated.
Share price heading for the bottom of the barrel. Just not sure what the bottom looks like any more.
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