The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.investegate.co.uk/xp-factory-plc/rns/conversion-of-clns-and-tvrs/202201110700069839X/
XP Factory announces that it has received a Noteholder Notice of Conversion in relation to all of its outstanding Convertible Loan Notes ("Notes") together with all accrued interest. £340,000 Notes were issued by the Company on 2 July 2020 as part of the £4.3 million fundraising completed at that time and accrue interest at 10 per cent. per annum. In accordance with the terms of the Notes, the conversion price is 9p per share and the conversion of the principal amount of the Notes, together with accrued interest, will result in the issue by the Company of 4,378,082 new XP Factory shares ("New Ordinary Shares") on 2 February 2022.
Application will be made for admission of the New Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Ordinary Shares will commence at 8.00 a.m. on 3 February 2022.
PW has allowed for a mix of owned and hosted machines, so not tied down to a big dilution in one go.
"Nov 5th 2021 ....Helios mining facility built in Texas based on “the type of mining machines to be installed in the facility, the mix of owned and hosted machines......"
The Federal government usually go easy on these sort of things, just a fine, but individual Americans love to sue on a no win/ no fee basis so this could cost a lot of money. Best to wait for the outcome, unless a massive drop for a punt.
Why did Marathon Digital Crash 27%?
https://www.nasdaq.com/articles/why-did-marathon-digital-crash-27-yesterday
There will a lot of punters who bought before the drop to $55 plus those who held can now blame them for the further drop to under $30.
ARBK was analyzed by 11 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about ARBK.
https://www.chartmill.com/stock/analyzer/stock/ARBK?view=analyst-ratings&utm_source=stocktwits&utm_medium=ANALYST&utm_content=ARBK&utm_campaign=social_tracking
In June ……..”As part of the Company's ongoing strategy to build physical and digital cryptocurrency infrastructure, Argo is also pleased to announce it has made an investment of £146,000 (CAD $250,000) in WonderFi Technologies Inc. (formerly DeFi Ventures Inc.), as part of the investment, Peter Wall has been appointed as an unpaid advisor to WonderFi.”
"Almost 10,000 Bitcoin (BTC) left major United States-based exchange Coinbase on Dec. 30 in a sign that investor appetite is returning to the sphere. "
https://cointelegraph.com/news/bitcoin-sees-non-stop-end-of-year-buying-as-10k-btc-leaves-coinbase-in-a-single-day
don't trust a word O'Leary says - 12mins 40 secs in.......
https://www.youtube.com/watch?v=v74Kz_FeMEE&ab_channel=EmpireBuilding