fred1963
6 years ago
HOLY FOOK NO WONDER PEOPLE ARE SELLING
Director stock compensation expense $12,500,000
https://ih.advfn.com/p.php?pid=nmona&article=77819874
Net Loss
We recorded a net loss of $12,566,929 for the three months ended March 31, 2018, as compared to $14,509 for the three months ended March 31, 2017. The increase to our net loss is due to the $12,500,000 non-cash expense for the issuance of common stock.
fred1963
6 years ago
US Federal Reserve Bank Recognizes Cryptocurrency
Four cryptocurrencies have been added to the Federal Reserve Bank of St Louis, one of twelve regional banks in the US central banking system. The four cryptocurrencies are Bitcoin, Litecoin, Bitcoin Cash and Ethereum. The fact that a US Federal reserve bank recognizes cryptocurrency is highly significant.
A Significant Addition
Daily prices are now available on these four cryptocurrencies from the Federal Reserve Economic Database (FRED). FRED is maintained by the Federal Reserve Bank of St. Louis. This is one of the most highly regarded sources for economic data available, and it is significant that a reserve bank has added cryptocurrency. FRED is also seen as an essential indicator of legitimacy. The data for the prices are taken from Coinbase, the biggest and most closely watched exchange in the USA.
From a utility perspective, the addition to the FRED database is more than welcome. There has been little integration between cryptocurrency products and prices with other trade analysis tools. FRED is known for being very flexible and user-friendly and has a large user base within the financial community. Much of the cryptocurrency data is currently pulled from Coinmarketcap.com, which surprised users in January with a change in its algorithm. FRED will assist analysts in their trades and bring some cohesion to the scrutiny of cryptocurrency products.
Wall Street traders have been able to access bitcoin prices since 2014 via Bloomberg terminals, and Goldman Sachs has opened a Bitcoin derivatives trading desk. However, the cryptocurrency trading infrastructure is woefully underdeveloped due to a previous lack of legitimacy.
Another Central Bank Recognizes Cryptocurrency
Many are saying that cryptocurrency is now officially legitimate. While cryptocurrencies are frequently used by civilians as a medium of exchange, they have not been given the seal of approval from central banks. But it is also worth noting that two days after the Federal Reserve Bank of St Louis legitimized the four cryptocurrencies, Mark Carney would give a speech on the benefits of distributed leger technology and indicate it would be used for England’s payment infrastructure. Carney would go on to state that “No longer will access to central bank money be the exclusive preserve of banks” in his speech.
Mark Carney is the governor of the Central Bank of England, and before his speech, he was known for his hostility towards cryptocurrencies. The speech denoted a sharp turn from previous statements. It appears that the Central Bank of England and the central banking system in the USA have both given a surprising green light to cryptocurrencies, within two days of one another.
https://cryptodisrupt.com/us-federal-reserve-bank-recognizes-cryptocurrency/?cn-reloaded=1
fred1963
6 years ago
07/02/2018 EU Report Warns To Take Cryptocurrency Seriously
July 2, 2018 -- ADVFN Crypto NewsWire -- New research analysis on cryptocurrencies for the Economic and Monetary Affairs Committee of the EU parliament cautions lawmakers to refrain from an “attempt to ban” virtual currencies. The researchers consider both extreme approaches to be “incorrect” and believe that VCs should be treated by regulators just like any other financial instrument.
The authors admit that given the “global, trans-border character” of VCs, any attempts to ban them would result in certain failure. Instead, they recommend taxation on VCs similar to other financial assets and “harmonize” regulations across jurisdictions — a topic that was debated at the recent G20 summit.
Marek Dabrowski and Lukasz Janikowski from the Center for Social and Economic Research consider cryptocurrencies or virtual currencies (VCs) as a “contemporary form of private money.”
“The economists who attempt to dismiss the justifications for and importance of VCs, considering them as the inventions of ‘quacks and cranks’, a new incarnation of monetary utopia or mania, fraud, or simply as a convenient instrument for money laundering, are mistaken.”
The researchers acknowledge that the technological properties of VCs like Bitcoin make it “relatively safe, transparent, and fast.” However, their “anonymous” and “trans-border” properties create major challenges for financial regulators.
Last week, the European Union adopted a new anti-money laundering (AML) directive specifically targeting cryptocurrencies in an effort to track cryptocurrency services and de-anonymize users.
“Will remain with us for a while”
VCs are not expected to go away anytime soon, particularly because of their decentralized nature - giving them the ability to operate with or without governments.
The document presents VCs in refreshingly positive light when it comes to smaller governments that are plagued by political and economic instability such as Venezuela, where Bitcoin has gained a foothold as a security to maintain an individual’s wealth outside of any government or bank.
ih.advfn.com/p.php?pid=nmona&article=77786631
fred1963
6 years ago
Nodechain, Inc. (the "Registrant") hereby withdraws its Request to terminate the registration of its common shares
https://ih.advfn.com/p.php?pid=nmona&article=77777291&symbol=NODC
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15/A
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER
SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF
DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.
Commission File Number 000-54994
NODECHAIN, INC .
(Exact name of registrant as specified in its charter)
5445 Oceanus Drive, Suite # 102, Huntington Beach, CA. 92649
(Address, including zip code, and telephone number, including area code, of registrant's
principal executive offices)
Common Stock par value $0.0001
(Title of each class of securities covered by this Form)
none
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1) [x]
Rule 12g-4(a)(2) [ ]
Rule 12h-3(b)(1)(i) [ ]
Rule 12h-3(b)(1)(ii) [ ]
Rule 15d-6 [ ]
Approximate number of holders of record as of the certification or notice date: 46
Nodechain, Inc. (the "Registrant") hereby withdraws its Request to terminate the registration of its common shares ($0.0001 par value) under Section 12(g) of the Exchange Act, which was filed with the Securities and Exchange Commission (the "Commission") on May 1 st , 2018 (the "Form 15").
The Registrants believes that withdrawal of the Form 15 is consistent with the public interest and the protection of investors and is within 90 days of filing. Please note that the Form 15 was a voluntary filing under Section 12(g) of the Securities Exchange Act of 1934, as amended.
Pursuant to the requirements of the Securities Exchange Act of 1934 Nodechain, Inc., has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: June 29 th , 2018 By: /s/ Andy Ibrahim
Andy Ibrahim, CEO
Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the General Rules and Regulations under the Securities Exchange Act of 1934. The registrant shall file with the Commission three copies of Form 15, one of which shall be manually signed. It may be signed by an officer of the registrant, by counsel or by any other duly authorized person. The name and title of the person signing the form shall be typed or printed under the signature.
zxtoolshed
6 years ago
Renewal for void filed via delaware sos 3/16/2018.
Voluntary delisting on 5/1/18 ... guess they'll be no longer reporting to the SEC... not sure what to make of this
Authorized Shares
100,000,000
05/21/2018
Outstanding Shares
2,845,000
05/21/2018
Restricted
235,000
05/21/2018
Unrestricted
2,610,000
05/21/2018
https://www.otcmarkets.com/stock/NODC/security
Like the current S/S... authorized to dump a lot though...
Annual report filed 6/2/2018, 81,200 in taxes due, via delaware sos so they did file there it appears... can show you a screenshot of it if you want, save you the $$
To average down more or to not average down more, that is the question... in the meantime, will keep watching but yes it has been very quiet.
PBGoodwill
6 years ago
Well I cannot say what the future holds. I am not an oracle and I am not from Omaha.
These crypto companies seem to be going well or not so well depending on the crypto prices. But quickly if you look at the market cap of BTSC it's 98M$, BTCS at 32M$ and NODC is 11M$.
So depending on the trends, on the PR and filings of the company, on the crypto prices and all that, I think we can expect profits but to what extent?
They seem to have good equipment where they could have an advantage against their competitors.
They are just starting out, the market cap is small, the price fell since the new owners arrived and remained stable. And last Friday the bids were getting higher and no one dumped.
It is an otc pink sheet so I would not invest my retirement savings in there. But I like to invest in new projects who seem to have a very good chance at being profitable. Is it a gamble? I don't think so, but as I said I would not put my retirement funds in there but I did invest some money and I do think the price will not go lower... but I don't feel very comfortable writing my predictions on a public forum. :P
I don't gamble casino style. I think I will make profits but will it be 20% or 2000%? No idea. But when/if the ticker becomes "alive" things could get very interesting.
JMHO
PBGoodwill
6 years ago
From the 10k:
Under the terms of the agreement, Mr. Chiang our former President and CEO sold 7,200,000 shares of Nodechain, Inc., formerly known as ALPINE 2 Inc. to Mr. Benyameen and Mr. Ibrahim
https://backend.otcmarkets.com/otcapi/company/sec-filings/12671437/content/html
Perhaps I wrote the word merger too "easily". But I didn't witness any dumping.
fred1963
6 years ago
Also new Website coming soon!
https://www.sec.gov/Archives/edgar/data/1580485/000159991618000070/nodechain_10k2017.htm
Item 1. Business.
Nodechain, Inc.’s current business operations are comprised of activities revolving around the blockchain, with a particular emphasis on digital cryptocurrency mining and transaction validation.
The Company utilizes, at present, forty-five mining computers (rigs) that include 1070, 1070Ti and AMD 570 and 580 GPUs per unit. Our mining rigs are capable of efficiently mining approximately $400-$500 per month in Ethereum cryptocurrency and $500-600 per month in Bitcoin cryptocurrency per mining rig. It must be noted that the projected revenue estimates are directly linked to the highly volatile currency market conditions and daily Bitcoin (BTC) and Ethereum (ETH) pricing.
Cryptocurrency mining is the underlying system that allows Bitcoin, Ethereum, and other cryptocurrencies, to be traded in a decentralized manner. It revolves around a ledger, or database, that is continuously updated and accessible to the public. Nodes have a copy of the ledger and verify the transactions by completing difficult mathematical problems by utilizing the GPU of the mining rigs. The validators are called “miners”. They authenticate and group transactions into cryptographically protected “blocks” which are then added to the public “chain”. Cryptocurrency miners are slowly rewarded with Bitcoin or Ethereum for carrying out this work, which involves substantial computing power.
In addition to our five current mining rigs we may, in the future, create additional mining rigs to increase our operations. The majority of mining companies purchase ASIC based mining rigs from China, which requires a long waiting period. In contrast, we believe all of our mining rigs will be created in-house with hardware from US based suppliers. It is the belief of the Company that building rigs from the ground up will allow us to scale our mining operations significantly faster than many competitors.
At present we will focus on mining Bitcoin and Ethereum, which have seen substantial and very public growth since their introduction. Our mining rigs are capable of mining alternative cryptocurrencies and we may evaluate, in the future, mining additional cryptocurrencies such as Zcash, Ethereum Classic, Bitcoin Gold and Monero. Such plans have not been fully developed at this point in time. We store our mined Bitcoin and Ethereum in a high-security, state-of-the-art cold storage wallets using the advanced cold storage wallet system provided by Coinbase.
In order to market and increase awareness of our Company we have hired a third party graphic artist and website developer to create and build a new website for our Company. This website is currently under development, although we anticipate it will be fully completed within several months.
In the future, the Company intends to, through as of yet unidentified means, expand its operations into different sectors related to the blockchain including, but not strictly limited to, dynamic cryptocurrency mining applications, blockchain applications, solidity smart contract development, cryptocurrency hashpower leasing, sales, service and B2B cryptocurrency consultation.
PBGoodwill
6 years ago
from 10k
As of April 3, 2018, we had 85,140,000 shares of our common stock issued and outstanding
The large majority of the shares held are owned by insiders and restricted. Thereby, the shares available on the public float are much less than the total issued and outstanding shares. This could create a higher level of volatility for share prices. This may benefit the Company in the near-term, but could have the opposite affect or could be a short term detriment to the Company, with the shares rapidly increasing at a later date. However, overall there is a volatility risk inherent in the share pricing.
100,000,000 shares authorized; 79,940,000 and 77,520,000 shares issued and outstanding, respectively
All Directors and Officers as a Group (2 persons) 68,200,000 -> 80.10 %
Loss from continuing operations 2017: (73,745) 2016: (535,662)
from 8k
On January 17, 2018 we sold 5 GPU mining rigs to an unrelated third party for a total of $40,000.00 which includes a 2 year service
contract whereas we will provide general maintenance of the mining rigs and electricity to operate them for the duration of the service
contract.
From the FAQs on their website:
How do we obtain our mining rigs?
Most mining companies purchase ASIC based mining rigs from China which require a long waiting period, our business model is different, we build all our mining rigs in-house and purchase our hardware from US based suppliers, this allows us to scale our mining operations significantly within our industry.
Based on the current environment thus far, how much will each machine expect to produce in Bitcoin or Ethereum?
Our mining rigs are capable of efficiently mining approximately $400-$500 per day in Ethereum cryptocurrency and $500-600 per month in Bitcoin cryptocurrency per rig.
Which cryptocurrency assets will Nodechain, Inc. ultimately mine? We mine Ethereum and Bitcoin, but may consider other cryptocurrencies like Zcash, Ethereum Classic, Bitcoin Gold and Monero.
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chico hombre2
6 years ago
Whale Gunna
6 years ago
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