LNK -- Cheap "green" Bitcoin miner on the verge of breakout!
Bullish MACD cross is a technical buy signal. Recent insider buys and financing at .80. Current sp offers a huge discount with Bitcoin close to breaking through $40k resistance.
Link Global Technologies Signs A Letter of Intent to Acquire Clean Carbon Equity
VANCOUVER, BC / ACCESSWIRE / July 30, 2021 / LINK GLOBAL TECHNOLOGIES INC. (CSE: LNK; FRA: LGT; OTC: LGLOF) ('LINK' or the 'Company'), an innovative power and infrastructure solutions provider for Bitcoin mining, and data hosting operations, is pleased to announce the signing of a letter of intent ('LOI') to acquire Clean Carbon Equity ('CCE').
Clean Carbon Equity is a private company that provides certified and verified carbon credits to the marketplace. CCE began with a focus on the transportation industry and has expanded into providing carbon credits to many other industries. The applicability to crypto mining is obvious, and the potential for expansion into other industries is endless.
This transaction is valued at approximately CAD $1.4 million, payable in shares of the Company at a deemed value of CAD $0.80 per share, and subject to an escrow period between 15-19 months. The final terms and conditions of the transaction are subject to definitive documentation.
Stephen Jenkins, Chief Executive Officer of Link, comments, 'The acquisition of Clean Carbon Equity is a perfect complement to our business, showing Link's commitment to carbon neutrality. CCE is not only a Carbon offset/credit company but also a technology company specializing in plug-and-play systems, making the process effortless for clients. As well as sharing an environmental likemindedness, one of the biggest caveats is that CCE is an operating, successful business, instantly contributing to Link's top and bottom line. As a fellow member of the Crypto Climate Accord, CCE is leading the way in bringing the crypto mining industry closer to its goal of carbon neutrality by 2030.'
Jenkins goes on to say, 'Chad Clovis, the CEO and founder of CCE, is a practical yet visionary individual. Having spent a good part of his career as an entrepreneur in the trucking industry, Chad has a high level of experience providing solutions for those in multiple industries requiring or desiring to offset emissions. It is clearly evident that there are synergetic connections between Link and CCE. We share a common goal - to reduce emissions wherever possible and offset where necessary.'