Cathedra Bitcoin Inc V.CBIT

Understand the facts...

[gblons]

I don't think people realize the value of what is in this financial statement...
Firstly they neted 7 cents a share, from what i see no miner that i can find turns anykind of profit, dont matter if its Hive or Whoever!
Second, There buying their shares back... Everyone else is deliuding their value issuing more shares and their doing the oppisite and purchased back 1.4 mill shares!
Probably also explains the reason you never hear anythnig about them cause they dont want the share price to climb up so they can buy them back as cheap as possible and profit for themselfs in the end! 
This company is building into a gem and the owners know it!

My 2 cents...
GLTA

[Rob0012]

gblonds... Sorry to pee on your parade but talking about understanding facts, you're so lost in left field my friend! : )  1- "netted 7 cents".  Just try to explain simply the accounting practices used to get to that number and you'll realize it's fabricated, so the SP doesn't reflect normal 15-20X EPS. 2- "not diluting, rather buying back...". 

[forrest6748]

ROB don't cut me wrong with the statment regarding the cost of mining. I am still on board, but I will look closely at the next finance review as they should increse mining instead of decreasing the number of BTC they mine.  Regarding your statement for the cost, you are right and wrong at the same time: In a 2015 paper, Investopedia writer Adam Hayes estimated a cost