Jade Power Trust V.JPWR.H

Bitcoin....

[thorgb1]

At all time highs, $23K USD. We sold all ours at ~$4K. Now imagine how great a position we would be in if we had of stuck with that much heralded pivot into Crypto mining?? We mined for 1 month after spending a ton of money and effort, put everything on hold, then 6 months later, all our equipment was apparently obsolete. Freaking joke company really.

[thorgb1]

Now $29K USD. May 2021 bring us a change of management and maybe a new team who can finally unlock some value for us here. Best wishes to all.

[thorgb1]

Now $33K USD. FML.

[GJMcDoob]

We need to unite the shareholders to vote Ravi and his bumbuddy Colter out!

[thorgb1]

Bitcoin now just a hair under $39K USD. Brilliant management decision to spend a ton of money to pivot into Bitcoin mining for a month, then shutdown mining in a turbulent environment, then never restart. These guys are bozos, and it's questionable if the BOD is fulfilling their fiduciary responsibilities to shareholders at this point.

[thorgb1]

Bitcoin $41K USD this morning. Bravo management, you perfectly timed your pivots into and out of crypto mining. FYI, see Renesola, SOL, for an example of a well managed renewables play. 0.86 t 23 bucks in the last 6 months.

[smoking81]

Renesola was smart enough to sell some of its assets at a killing and use the money to grow. These guys should sell and get out. Large salary increases and no action is killing the shareholders.

[GJMcDoob]

The managerial salaries are too high for people that are doing nothing to add accretive value for the shareholders! Ravi and Colter have had plenty of opportunities to right the ship, go back to Bitcoin mining, or to otherwise cut costs, but they refuse to do anything to fix it!

[thorgb1]

Stuck at 13 cents with seemingly nothing going on, while Bitcoin sits at $43,500 USD. 

[smoking81]

More than 1500 comapanies and 130 countries have committed to net zero emmisions. This means the demand and price for green power plants is at an all time high. Lets get some real value out of this company and stop paying large salaries for nothing.

[thorgb1]

And there's BTC at just under $54K US......is the history of business, has there ever been a worse executed pivot into, and out of a line of business?? Maybe the worst management team ever running the show here.

[GJMcDoob]

We need to vote out the management No more excuses.

[GJMcDoob]

https://finance.yahoo.com/news/bitcoin-miners-saw-record-1-222856927.html Bitcoin miners broke a more-than-three-year-old record in February, generating $1.36 billion in revenue, up 21% from January, according to on-chain data from Coin Metrics analyzed by CoinDesk. The previous revenue record of $1.25 billion was set in December 2017 during the peak of the cryptocurrencys previous bull market

[thorgb1]

Whatever happened to the millions of $$ worth of crypto mining equipment that we purchased? The vaunted hashtank that was months late being commissioned and shutdown after a month in service, then apparently obsolete a few months after that? Did it make sense to anybody that the story was when BTC dipped to $4K it was not profitable due to power costs? We are a power producer for God's sake