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Sino Global Shipping America Ltd

Sino Global Shipping America Ltd (SINO)

4.19
0.00
(0.00%)
Closed March 27 04:00PM
4.19
0.00
( 0.00% )
Pre Market: 08:00PM

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SINO News

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SINO Discussion

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TheFinalCD TheFinalCD 1 year ago
wow how 1 year flew by

sheesh, this LIFE is going fast

SHIP TOPS SINO
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tw0122 tw0122 2 years ago
Sino-Global Enters Bitcoin Mining Machine Joint-Venture with Highsharp; Will Make Investment to Drive Product Development and Expansion

Source: PR Newswire (US)
ROSLYN, N.Y., Oct. 4, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global" or the "Company") today announced it plans to enter a bitcoin mining machine joint-venture ("JV") with Highsharp, a company focused on block-chain technology, hardware, software and technology management, and cloud computing. The JV's scope will encompass collaborative engineering, technical development and commercialization of a proprietary bitcoin mining machine under the name Thor, with exclusive rights covering design production, intellectual property, branding, marketing and sales. In connection with entry into the JV, Sino-Global will make a $10 million investment in the next month to fund the JV's operations.

The JV will develop, and be exclusively licensed to manufacture, market and sell the Thor Bitcoin Mining Machine worldwide. The JV will own all intellectual property rights related to the Thor Bitcoin Mining Machine, including without limitation any modifications and improvements thereof. The JV plans to file a utility patent application with the United States Patent and Trademark Office pursuant to United States' patent laws and the Patent Cooperation Treaty ("PCT") for its planned Thor Bitcoin Mining Machine.

Sino-Global has agreed to invest an estimated $50 million over the next few years to support work performed in the U.S., including but not limited to design, testing and integration. Sino-Global expects to use existing assets as well as future capital raises to fund such investment. Highsharp will be the exclusive designated supplier of high-performance computing chips for the JV. A separate purchase agreement shall be signed between the JV and Highsharp. The quantity and all other details of the purchasing shall be determined based on actual business volume of the JV.

Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, "This is a major strategic development for Sino-Global with the potential for significant long-term financial benefit. The name we chose underscores our JV's considerable combined resources, market knowledge and capacity to address unmet demand for high-quality, reliable digital mining machines. Recent crypto policy changes combined with ongoing global component shortages have served to remove valuable digital mining production capacity. We intend to fill that vacuum and plan to move aggressively as we build greater value for Sino-Global and all shareholders."

About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the cryptocurrency market, while continuing to support and grow its shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO's operations, the demand for SINO's products and services, global supply chains and economic activity in general. Moreover, the value of cryptocurrencies may fluctuate significantly over time, and the success of the JV and its products are not assured. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2020. SINO's SEC filings are available publicly on the SEC's website at www.sec.gov. SINO disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Cision View original content:https://www.prnewswire.com/news-releases/sino-global-enters-bitcoin-mining-machine-joint-venture-with-highsharp-will-make-investment-to-drive-product-development-and-expansion-301391727.html

SOURCE Sino-Global Shipping America, Ltd.


Copyright 2021 PR Newswire
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TheFinalCD TheFinalCD 2 years ago
GM ZINO & SINO lol http://ih.advfn.com/stock-market/NASDAQ/sino-global-shipping-ame-SINO/stock-news/86203771/sino-global-enters-bitcoin-mining-machine-joint-ve

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makinezmoney makinezmoney 2 years ago
$SINO: Going bitcoing mining with HighSharp JV .... now at 2.40 !!!!!!!!


Allllllll eyes on this badboy with this MAJOR NEWS







GO $SINO
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zino zino 3 years ago
$$$ SINO $$$
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Alice-N-Wonderland Alice-N-Wonderland 3 years ago
Been out of SINO for a while. Took a very small loss... close to break-even. Looks like it is trending upwards again.
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Alice-N-Wonderland Alice-N-Wonderland 3 years ago
Bought back into SINO last week and saw the price jump on the 18th with news.

https://gcaptain.com/sino-global-shipping-joins-nft-craze/

I was told in casual conversation about the digital artwork collage that sold this month for 69 million dollars. I briefly glanced at the image from their smartphone. My verbal response was "that's dumb"... I decided to do a little more research to see what I could learn. Let me begin by noting that I am a fine artist(traditional with some digital pieces) and collector who has worked as an art consultant representing local artists and craftsman in my community. I've followed the sale of great works of art by numerous prestigious auction houses for several decades, since my early teen years in fact.

So, I discovered the digital artwork was sold by Christie's (a reputable institution) as a NFT by a living artist....

https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million

I then read this article about William Shatner selling his NFT collectibles

https://cointelegraph.com/news/william-shatners-nft-collectibles-sell-out-at-warp-speed

learned a bit more about this here

https://www.google.com/amp/s/www.theverge.com/platform/amp/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

My conclusion is... this already has proven value and potential. I can see future NFT sales being done by numerous museums, artists and celebrities. Imagine owning the only NFT of the Mona Lisa, what would something like that be worth? SINO is teaming up with CyberMiles to provide a platform for these transactions to occur. Traders want to trade digitally, and having a collection of artwork/collectibles in one's crypto wallet is a new and innovative idea.

Still though, if I had 69 million dollars to spend on art, I'd be trying to buy an original Van Gogh....




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ClayTrader ClayTrader 3 years ago
* * $SINO Video Chart 03-18-2021 * *

Link to Video - click here to watch the technical chart video

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ClayTrader ClayTrader 3 years ago
* * $SINO Video Chart 03-17-2021 * *

Link to Video - click here to watch the technical chart video

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Marvy Marvy 3 years ago
What is T/s in terms of hash rate?
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Alice-N-Wonderland Alice-N-Wonderland 3 years ago
Cashed out of SINO today and took a little profit. Will be back when market settles.
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Alice-N-Wonderland Alice-N-Wonderland 3 years ago
SINO hit a new yearly high yesterday. SINO goes up fast when transportation, shipping, or bitcoin/ethereum sectors go positive. Sadly, SINO can go down just as fast when one or more of those sectors go negative. Interesting news though today about SINO and on Feb 16th with the LOI. They are definitely thinking outside the box on how to increase revenue and shareholder value.

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Alice-N-Wonderland Alice-N-Wonderland 3 years ago
In Sino with 250 shares purchased between offerings. A shipping company starting up Bitcoin Mining. Super Low Float with Lightning Fast Movement. HAPPY Chinese New Year!
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ClayTrader ClayTrader 3 years ago
* * $SINO Video Chart 02-08-2021 * *

Link to Video - click here to watch the technical chart video

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SayIt SayIt 3 years ago
And they just did it. That is the only thing this company is good at.
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Awl416 Awl416 3 years ago
Now when do they drop the PO hammer

Did one 2 months ago so maybe they’ll let this run
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beginneer beginneer 3 years ago
Glad your here SM
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beginneer beginneer 3 years ago
Short Squeeze?
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TheFinalCD TheFinalCD 3 years ago
WOW hit 16.50 https://ih.advfn.com/stock-market/NASDAQ/sino-global-shipping-ame-SINO/stock-news/84238230/sino-global-announces-new-executive-leadership-to
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SayIt SayIt 3 years ago
This is Sino's year. Big money investors invested in this for a reason.
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SayIt SayIt 3 years ago
I picked up more at $1.99 and $2.09. Just a hunch. I already have too many shares, but time to announce deals.
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willlbone willlbone 3 years ago
Back to $2. Dilution.
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ClayTrader ClayTrader 3 years ago
* * $SINO Video Chart 11-12-2020 * *

Link to Video - click here to watch the technical chart video

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JackAskSlap JackAskSlap 3 years ago
Do I just sell to myself
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TheFinalCD TheFinalCD 3 years ago
4.75 to 3.32 that fast, I dont see news soooo


this shouldnt be up this high or stay up this high


right?


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tiger3 tiger3 3 years ago
Sell now
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Giovanni Giovanni 4 years ago
oy vey
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JackAskSlap JackAskSlap 4 years ago
SINO Sails set north
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JackAskSlap JackAskSlap 4 years ago
Whats this POS have to offer
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Personalizit Personalizit 4 years ago
What happened to the reverse split? Deadline is Monday, but Monday is a holiday and the market is closed.
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Personalizit Personalizit 4 years ago
Do a search on this new company we signed with. You'll get nothing!
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nicoausto nicoausto 4 years ago
Why would anyone sign with this stupid pos worthless chinese trash so called company
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Personalizit Personalizit 4 years ago
Is the Hong Kong exchange an option? We have an office there.
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nicoausto nicoausto 4 years ago
Walking it down for rs. Losers. Le cao is scum
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nicoausto nicoausto 4 years ago
They diluted it to shit then rs. They are piece of shit. Check the post history I BEEN SAYING THIS. That is why Lei Caoksucker bitch raised his salary. F!!lk sino, the os isnt even that bad yet this pos couldnt at least hold a dollar. Trashy chinese stock doesnt belong on nasdaq
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Personalizit Personalizit 4 years ago
On the positive side: It is trading for less than half of book value and insiders own 1/3 of shares (so do they really want to decrease their share value?)
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nicoausto nicoausto 4 years ago
Incompetent chinese business people. Lets dilute and rs this nasdaq stock like it is otc trash. Abusive animal torturing killing the world bastards
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nicoausto nicoausto 4 years ago
Lmao same. Screw them. I know we will lose though because shits rigged
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Personalizit Personalizit 4 years ago
I voted today. No to directors and no to r/s and no to compensation plan.
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nicoausto nicoausto 4 years ago
Well appears china trade is coming to terms so maybe we see some artificial suppy demand based spike. Or not. I only hold this pos thinking trade deal progress can lift it.
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Personalizit Personalizit 4 years ago
With insider percentage so high, our vote won't count much. But I am with you. They are doing everything a shareholder doesn't like: losing money, dilution, reverse split, overpaying employees (relative to revenue/bottom-line).
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nicoausto nicoausto 4 years ago
So now they rs. Pos loser chinese cant run a business for shit. Vote no, this loser stock belongs in otc. Dont let cao and co rs to dilute all over again the bastards
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nicoausto nicoausto 4 years ago
Wallstreet wont alllow it the haters
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Personalizit Personalizit 4 years ago
Book value is over a dollar.
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420man 420man 4 years ago
Loading
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Personalizit Personalizit 4 years ago
Revenue was down, but only because they used a different method of reporting. They need help in learning how to make a profit..
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Personalizit Personalizit 4 years ago
Breaking $.80 will be significant to chart watchers.
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Personalizit Personalizit 4 years ago
I saw .87
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nicoausto nicoausto 4 years ago
What the AH tease show?
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f7455dm f7455dm 4 years ago
Nice uptick
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