ANTI-BAGHOLDER
3月前
EDGM -EdgeMode focuses on rapid growth and deploying its initial 45 MW of data center sites, providing high-performance compute solutions. "With the fast pace and demand in the industry, I anticipate raising capital for future growth and moving toward a full uplisting to NASDAQ," stated Charlie Faulkner, CEO of EdgeMode Inc.
Post-acquisition, Charlie Faulkner and Simon Wajcenberg will remain with the company as CEO and CFO, respectively. Dr. Niclas Adler will join the board and serve as CTO.
https://www.otcmarkets.com/stock/EDGM/news/story?e&id=3014194
Laster
2年前
Check out this news from LUXX.
Hey Charlie what’s your great plan here.
I hope not bitcoin because that ain’t going to happen.
I see bankruptcy in the future here.
Hahahahahahahahaha.
Luxxfolio Holdings Inc. has provided an update regarding its business environment and operations.
The bitcoin mining industry faces intense pressure. The market price for bitcoin has plummeted, while hash rate reached new highs. The result is lower revenues for each coin mined. At the same time, electricity prices are increasing, further eroding profitability. To date, Luxxfolio has reduced its debt and moved to lower-cost immersive mining, but remains unprofitable.
Following a detailed review of the current operations and market conditions, the company has decided to seek strategic alternatives for its 15-megawatt bitcoin mining facility in New Mexico. In the absence of finding a partner or purchaser for the mining operation, the company will consider all options, including idling or a permanent shutdown of operations.
Kelly Klatik and David Gens resigned from Luxxfolio's board on Nov. 1, 2022. The company thanks them for their service. As a result, Luxxfolio's board presently consists of two directors. While reviewing strategic alternatives, the company intends to seek qualified candidates to appoint as additional board members.
Laster
2年前
Don’t get your hopes up yet.
That $1 financing will never occur. They might ask for $1 but get $0.10.
That is if they are very lucky.
They are giving out shares likes it’s candy.
Per prospective, “On February 8, 2022, the Board approve the issuance of 2,975,000 shares of common stock at $0.0001 to a private group of investors. Based on the $0.15 per share estimated fair value using the cash selling price at the time of issuance, the Company recognized an expense of $445,953 related to the issuance of shares.”