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Bullboard - Stock Discussion Forum TRANSEASTERN POWER TRUST 7.5 PCT DEBS V.TEP.DB

TSXV:TEP.DB - Post Discussion

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Post by thorgb1 on Dec 12, 2017 9:37am

Blockchain....

Interesting move, taking advantage if their renewable energy supply to move into bitcoin mining, and well funded as well. Should move the stock up. GLTA.

https://www.stockhouse.com/news/press-releases/2017/12/12/transeastern-power-trust-announces-40-million-private-placement-offering-debt
Comment by Teatimenow on Dec 12, 2017 9:59am
quote from the NR: "The Mining Equipment is expected to have an installed capacity of 10.05 MW base load and 90.7 PH/s processing power." https://www.marketwired.com/press-release/transeastern-power-trust-announces-40-million-private-placement-offering-debt-recapitalization-tsx-venture-tep.un-2243091.htm If i am not totlally misstaken this makes them larger than HIVE one finsihed and ...more  
Comment by thorgb1 on Dec 12, 2017 10:29am
Great comparison. Going to try to find some verification of that.
Comment by Teatimenow on Dec 12, 2017 10:52am
Read SEDAR fillings quickly. So HIVE has 265million shares Basic + 25.3 million Options = Fully diluted: 290.3 million * current SP of lets say 3,6CAN$= 1,044 Billion Can$ Marketcap acc. to MD&A Hive has:  "HIVE has a pathway to significant growth to maintain its position as a market leader in the blockchain infrastructure industry. Since the Company’s initial acquisition in ...more  
Comment by Teatimenow on Dec 12, 2017 11:12am
small correction: The financing is only half-a-warrant per unit. - so just about 41.7 million wts