Member Info for krautyankee

folks really grasping for straws here. a sobering slice from occam's razor needed.

Pw: argo Street cred is unmatched! We know how to get through a bear market..... No doubt..

as far as I am concerned, you chaps go right ahead and keeping talking about the other players in this space. Maybe your insight & exchanges will convince the few rampers left on here that argo is no longer relevant and that those companies being run by qualified ceo's will be the survivors.

PW is a bull-****ter. he is no where near "ceo-material". he rode the hype train, and pulled many of us along with him, with his funky hair and bali-beachboy quick-speak. "F**K that guy".

"Peter wall isnt on the list so looks like he must have recused himself, CORZ showed up."

PW was actually spotted there, near the entrance, w/ beard and dark glasses, asking folks for their spare change....

I will be there throwing tomatoes at pw

Arb made a 5 mio. Down-payment to epic for the Intel rigs.

Good luck to those still holding. I just sold my last tranche at 0,075. I was lucky to get into this stock back in early 2020, 200k shares with a 4p average. I sold 20k shares at 3,09 back in late Feb. 2021. I put the proceeds into Riot, when riot was in the low 20s / high teens, so I have a long way to go on that one. Like many here, I should have sold everything at 3 quid, but I hesitated. PW then sold me on the Nasdaq listing and Helios, and I felt that that was a good reason to hold. I learned a valuable lesson here. To the several posters here, who have always seemed to be the "adults" in this room, thanks for all of the detailed analysis. Good luck to all. the yank in Germany.

" feel Argo will survive. They are a UK blockchain company. >>> so what? Their entire business is in N. America. They just need to stop hiring mates and hire properly qualified people. >>> good point: when /if a white knight appears, let's hope the first order of business is to pull an "Elon" and have all of the execs. escorted out of the building. Did they every get Blonity on as a consultant? Or maybe Mike? No, they knew better. Peter needs to start acting like a CEO and stop trying to be the journalist that he is." >>> his tenure at argo is rapidly coming to a close. His "leadership" led to this shambles!! I doubt whether he has the gumption to do another "update video". good riddance!!

dyre: I am pretty sure the LOI / funding details had to be released to the market on 07 October; otherwise, as you say, it makes no sense. Any investor would react negatively (as was the case) to this type of news, and Argo certainly knew this and knew the SP would get hammered, possibly endangering the deal.....which has now played out / is being played out....

whatever happens, all of the execs. have to go. PW and his finance "guru" need to face the music.

seems to me that the key takes from today's RNS -

1. it has been cancelled.
2. no longer expect to close the equity subscription on the terms disclosed.

IMO, there are still financing options available (but at what price..?). I think it is certainly possible that the SI is negotiating better terms (25% of the company ??), which would require a shareholder vote. Argo is in a serious pickle, but the fat lady has sang her song...yet.

"and by that time BTC will be recovering." - ya think.....?

Wolfie has been taken by drink, it seems. He will pass out in a few hours, me thinks.

The SI was not involved in the pump and dump to 20p. Now, though, since the deal collapse has been communicated to markets, the SI can certainly jump in, although there might be a 48-hour rule in the states.

"things out with their control has ruined this company" - are you mad, mate? most of the things that lead to their demise were completely within their control. PW is a dreamer. a fraud. A huckster.

as I predicted - the SI wants better terms. Let's see what happens, although things are not looking good.

"he was on the “inside” so is culpable as much as the Wall- ok maybe not as much but he knew they’d paid too much, gone too big and had no money to keep the lights on!!! - the problem is there is / was never a credible BoD / Chairman to keep PW in check. That will change big-time, if the SI deal comes to fruition.

https://twitter.com/mikk2k2/status/1584193742528950272

anyone know if argo qualifies? ("miners in Texas being paid to mine")? I thought it depended on if/what type of agreement ercot has with each company. I do not recall there being a "blanket" policy that entitles all industrial customers to this....? another bogus tweet by wainright, I guess.

"What do they own KY that isnt loaned or borrowed ?" - good point. I guess I am still dreaming of 02. cent power, etc, etc.