RE:RE:RE:Voted No 1.5million shares. gdown9 wrote: Bitcoinboombust wrote: And what next.....we have nothing but a dead shell...At least my vote cancels out your foolish desision...
If the RTO is rejected, I **guess** the as-is state is something similar to what was described in one of the SEDAR filings on Sept 17 @ https://www.sedar.com/GetFile.do?lang=EN&docClass=36&issuerNo=00043472&issuerType=03&projectNo=02966528&docId=4590793
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With the price of Bitcoin rising over 50% during the month of May 2019 and continued appreciation into June 2019, HashChain's machines would now be profitable against the electrical cost per the Colocation Facilities Agreements of US $0.10 per kwh. Due to this, HashChain proposes the following:
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In the event that the reverse take-over transaction with HashChain and Bit.Management, LLC is terminated for any reason, as at the commencement of the termination date: (i) the amounts owing under this arrangement shall be carried forward; (ii) this agreement shall no longer have any force or effect; and, (iii) all terms and conditions of the colocation agreements shall be in full force and effect including, for greater certainty, all of the obligations to make deposits under those agreements.
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Any thoughts ? Thanks.
My typo ... It should be Sept 11, not Sept 17.
If the RTO is rejected, I **guess** the as-is state is something similar to what was described in one of the SEDAR filings on Sept 11 @ https://www.sedar.com/GetFile.do?lang=EN&docClass=36&issuerNo=00043472&issuerType=03&projectNo=02966528&docId=4590793