LINK management thanks shareholders for their support and patience as the Company works with the AUC to ensure regulatory compliance on all Alberta sites.
While going through the AUC process, LINK has also been actively meeting with senior Government of Alberta heads, elected officials and agencies, introducing the Company and its vision and presenting the opportunity of the digital currency mining markets for communities in the province.
However, noise measurement and modelling for Westlock, for example, have shown that sound levels are under the maximum acceptable level and all dispersion modelling for emissions were positive.
Throughout this period, LINK has been working with existing and potential clients and partners to come back stronger and better than ever on the two sites.
Management believes this know-how will allow for accelerated growth while other new entrants are only starting to understand such issues as emissions standards, noise standards, and expectations of the AUC and AEP.
CCE management is building its inventory of offset tools and plans to have a software version of an NFT ready for the market shortly.
Management notes that the Company has sufficient cash to tie over the Company while regulatory issues are settled.
LINK is engaged in providing infrastructure and operating expertise for digital mining and data hosting operations.
Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “forecast”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations on its Westlock and Kirkwall facilities; that LINK is working with GSV to be ready for implementing the strategic co-mining agreement; that the TAAL Group announced that it has purchased a facility in eastern Canada, which will free up LINK’s capacity for new clients in the future; that management believes this know-how will allow for accelerated growth; that CCE management is building its inventory of offset tools and plans to have a software version of an NFT ready for the market shortly, which is anticipated to generate revenue for CCE, allowing both rapid growth for the Company and a simple way for both retailers and wholesalers to buy, trade and retire carbon credits in a transparent and immutable manner; that early in 2022, the Company expects to be operational in both Kirkwall and Westlock; that the Company has sufficient cash to tie over the Company while regulatory issues are settled; that the Company will update shareholders as soon as practical on the progress and rulings; and other business plans of the Company.
In the case of the Company, these risks, uncertainties, assumptions and other factors include, without limitation: potential adverse rulings or determinations by the AUC and AEP; that commercial relationships will not produce the anticipated results; those set out in the Company’s most recent MD&A, fluctuations in the price of electricity, fluctuations in the price of digital currencies/Bitcoin, the future potential halving of Bitcoin, increases in the network difficulty rate and price of digital currencies/Bitcoin, negative changes in the level of digital currency/Bitcoin rewards per block, the securing of economic rates for the purchase of power, the opportunities for acquiring digital currency mining hardware, unanticipated changes in laws, regulations or other industry standards affecting the business of the Company, reliance on key management personnel, the Company’s ability to implement its business plan, litigation risk, stock price volatility, the effects of general economic and other factors beyond the control of the Company, and other matters that may occur in the future.