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Digihost Technology Inc V.DGHI

Alternate Symbol(s):  DGHI

Digihost Technology Inc. is a Canada-based blockchain technology and computer infrastructure company. The Company is engaged in cryptocurrency mining. The operations of the Company are located in two geographic locations: Canada and the United States. The Company focuses on its network development, hosting, and mining operations supported by renewable and sustainable energy. The 90% of the energy consumed by the Company is from sources that create zero-carbon emissions, while 50% of the energy consumed is being generated from renewable energy sources. The Company operate its own power generation facilities, which focuses on using bridge power sources where available for low-carbon or renewable sources of energy by creating applications for existing power supplies and transforming the way power is used and the way blockchain is applied. The Company operates approximately 60-megawatt (MW) power plant in North Tonawanda, New York State. It operates from three sites in the United States.


TSXV:DGHI - Post by User

Bullboard Posts
Comment by npilgeron Jun 12, 2018 12:02pm
91 Views
Post# 28159917

RE:RE:RE:The Company has almost got no debt, 10k rigs + cash flow

RE:RE:RE:The Company has almost got no debt, 10k rigs + cash flowIt was at $3.75 when I bought in the first time. Then they did a stock split, then made a bunch of deals (based on stock) that further dilluted the share value (increaed number of shares by a factor of 10), and repeated such actions everytime the lower priced shares were gobbled up. Effectively this means that a single share back in late 2017 was valued at half that (but shareholders volume doubled - no problem there). Problem is the mass dillution of shares by using shareholder money to purchase equipment (normally a non issue there as well), but to cover their asses, they have to issue more and more shares - why this equity stock is not a penny stock. Current actions are driving the share value even lower. I agree, though do not want to, that KASH will go below 10 cents before it improves. Much more likely that the Directors are setting it up for takeover, us lowly shareholders will be lucky to get out at 25 cents once that happens. Same thing happening with several of the middle-player pot stocks.
Bullboard Posts