Post by
mrmomo on Nov 02, 2021 9:59am
Though i like DigiHost..........
As a Crypto miner & a proxy for exposure to Bitcoin, one thing i don't understand COMPLETETLY is some of the logic behind some decisions they've made recently. Specifically their intentions to list on the main board of NASDAQ. I understand WHY they're doing it and the reasoning & motives behind that BUT just don't quite get HOW they will be able to do so. From my understanding, to be able to list on the NASDAQ main board, there are quite a few obligations & requirements to do so. A few of them being the strict financial reporting AND absolute minimums required, specifically in terms of Revneue & market Capitalization.
Not quite sure HOW they will be able to achieve those minimums solely based on the current status of the company and be cleared to list on NASDAQ. From my understanding, they require a substantial & constant Revenue stream AND a market cap of at least $500M US. Don't know about you guys, but i just don't see how they can possibly get there without some drastic material events in the company. I'm not a current s/h but have been following it for quite some time with deep interest and maybe the possibility of becoming a holder. Just wanted to clarify this little problem before we moved on to other subjects of matter in the company.
Good luck & God speed
Comment by
Topper00 on Nov 02, 2021 10:12am
Mrmomo your 100 right. I've been long invested since hashchain became this and the splits that only fell after losing my long investment. I think I use to have like 7000 shares at the start and now I have 57 shares worth 400$ and if it falls future my 3 grand invested like 4 years back is $400 and falling now.
Comment by
Rotaris on Nov 02, 2021 5:51pm
So no chance any time soon?