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Neptune Digital Assets Corp V.NDA

Alternate Symbol(s):  NPPTF

Neptune Digital Assets Corp. is a Canada-based blockchain company, engaged in the business that builds, owns, and operates digital currency infrastructure assets. It provides cryptocurrency and blockchain infrastructure with operations across the digital asset ecosystem, including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies. Green Bitcoin mining is focused on using renewable energy, such as solar, hydro, and wind to power its Bitcoin mining operations. Staking Cryptocurrency is the process of validating transactions, and involves running software nodes or validators, responsible for storing data, processing transactions, and adding new blocks to the blockchain. DeFi removes central controllers and brokers, which facilitates faster and cheaper transactions with no minimum transaction amounts, no paperwork, full transparency, and auditability. Neptune Digital USA Corp is a subsidiary of the Company.


TSXV:NDA - Post by User

Comment by CriticalMind55on Mar 14, 2023 1:43pm
154 Views
Post# 35337826

RE:RE:NDA Investor Relations Response

RE:RE:NDA Investor Relations ResponseYes, I agree with you Kensin1953, I also called the company and I have some numbers to share, NDA has $13,000,000 cash in the bank earning 5-5.5% interest, their monthly operating expenses are $120,000 per month, their Crypto mining operations is ongoing,

The delay is due to the fact that both the Crypto industry and the regulators are evolving/learning and there are not enough Crypto auditors to go around, so regulators have a lot of catching up to do with all Crypto Industry submissions and on top of that we have situations like FTX demanding even more regulations and audit requirements,

I am hopeful that NDA will reopen with a big bang if BTC and other Crytpo currencies continue rising in price, SVB like situations is creating even more demand for Crypto when traditional banks are getting hit,


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