|Bid||0.1300 x 0|
|Ask||0.1350 x 0|
|Day's Range||0.1300 - 0.1300|
|52 Week Range||0.1000 - 0.2050|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Fortress Technologies Inc. (“Fortress” or the “Company”) (FORT.V), a well-capitalized company currently evaluating emerging opportunities in technology sectors, reports its results of operations for the second quarter and six month period ended June 30, 2019 (“Q2 2019”). The Company reported total revenue of $439,836 for the three months ended June 30, 2019 ($262,980 for the three months period ended March 31, 2019) from the Sublease Amendment with WeHash, and a total of $702,816 for the six months ended June 30, 2019. For the three months ended June 30, 2019, WeHash Technology LLP (“WeHash”), on behalf of Fortress, has mined 31.43 Bitcoin over 45 days (from the May 17, 2019 Sublease Amendment commencement until June 30, 2019).
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Fortress Technologies Inc. (“Fortress” or the “Company”) (FORT.V), a well-capitalized company currently evaluating emerging opportunities in technology sectors, reports its results of operations for the first quarter and three month period ended March 31, 2019 (“Q1 2019”). During Q1 2019, Fortress mined 53.7 Bitcoin over 64 days from January 1, 2019 to March 5, 2019 (on March 5, 2019, the Company temporarily deactivated its Flagship Facility and then entered into a sub-lease at the Flagship Facility on March 27, 2019). The average Bitcoin mined per day (“Average Mining Yield”) during Q1 2019 was 0.84 Bitcoin equivalent, representing a 17% increase over the Q4 2018 Average Mining Yield of 0.72 Bitcoin equivalent (with 64.8 Bitcoin and 16.4 Bitcoin Cash produced in Q4 2018 over a total of 92 days)1.
Fortress Technologies Inc. (“Fortress” or the “Company”) (FORT.V) announces that it has revised the terms of the sub-lease arrangement for its Bitcoin mining facility (the “Mining Facility”) in Washington State. “We are delighted to see the resurgence of the Bitcoin market and mining economics while we have retained ownership of our high-efficiency Bitcoin mining facility in Washington State,” said CEO and Co-Founder Aydin Kilic. The Company is pleased to have renegotiated the sub-lease of its Mining Facility, allowing the Company to participate in the upside of rising Bitcoin prices.
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VANCOUVER, British Columbia, April 30, 2019 -- Fortress Technologies Inc. (“Fortress” or the “Company”) (TSXV: FORT), reports its results of operations for the fourth quarter.
VANCOUVER, British Columbia, April 10, 2019 (GLOBE NEWSWIRE) -- (FORT.V) -- Fortress Blockchain Corp. (the “Company”) is pleased to announce the name change to Fortress Technologies Inc. which will more accurately reflect the direction of the Company. The TSX Venture Exchange has confirmed that the shares will commence trading effective Friday, April 12, 2019 under the new name. There will be no change to the Company’s ticker symbol in connection with the name change.
VANCOUVER, British Columbia, March 12, 2019 (GLOBE NEWSWIRE) -- (FORT.V) -- Fortress Blockchain Corp. (“Fortress Blockchain” or the “Company”) today announces that it intends to proceed with a name change to “Fortress Technologies Inc.” (the “Name Change”). “Fortress Technologies Inc. is a name that better reflects our company’s focus on growth within the technology sector. This name will be our brand and symbol as we move forward,” reports Company CEO Aydin Kilic.
VANCOUVER, British Columbia, March 06, 2019 (GLOBE NEWSWIRE) -- (FORT.V) -- Fortress Blockchain Corp. (“Fortress Blockchain” or the “Company”) today announces it has exited the crypto-currency mining business. Effective March 5, 2019, the Company deactivated all crypto-currency mining hardware located at the Company’s Grant County facility. The Company is currently assessing the need for asset impairment recognition, and the optimal strategy to realize value from the crypto-mining operations by divestiture as a going concern or asset sale.
Fortress Blockchain Corp. (“Fortress” or the “Company”) (FORT.V), a blockchain mining company operating in a low cost North American green-energy region, announces that it has granted to directors of the Company an aggregate of 3,500,000 incentive stock options to purchase common shares (a “Stock Option”) under the Company’s stock option plan (the “Plan”). In this grant, 500,000 Stock Options are exercisable at a price of C$0.12 and 3,000,000 Stock Options are exercisable at a price of C$0.15.
Fortress Blockchain Corp. (“Fortress” or the “Company”) (FORT.V) announces it has changed auditors from MNP LLP (“MNP”) to DMCL LLP (“DMCL”), effective January 23, 2019. In accordance with the National Instrument 51-102 (“NI-51-102”), the Company has filed a Change of Auditor Notice (“Notice”) on SEDAR together with letters from both DMCL and MNP, with each letter confirming agreement with the statements contained in the Notice, as applicable. Fortress Blockchain Corp. is a technology-oriented blockchain mining company committed to operating in low cost North American green-energy regions.
Fortress Blockchain Corp. (“Fortress” or the “Corporation”) (FORT.V), a blockchain mining company operating in a low cost North American green-energy region, reports its results of operations for the three months ended September 30, 2018 For the full condensed consolidated interim financial statements and management discussion & analysis for the third quarter ended September 30, 2018, please visit the Corporation’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com.
Fortress Blockchain Corp. (FORT.V) ("Fortress Blockchain" or the “Company”) today announced the appointment of Mr. Sean Ty to the position of Chief Financial Officer (“CFO”) of the Company, effective immediately. Mr. Ty replaces David Pais who has resigned as CFO. Most recently, Mr. Ty served as the Company’s Controller, acted as interim CFO for a publicly-listed company, BlissCo Cannabis Corp. (CSE:BLIS) and, prior to that, worked as an accountant for public and private Canada companies with a particular focus on growth industries. Mr. Ty is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia.