NEWSFLOW

Argo Blockchain (#ARB) – for now regained compliance with Nasdaq minimum bid price requirement

views

Argo Blockchain woeful December update & things can only get worse!

Oddly, Argo Blockchain (ARB) has only now disclosed that its Helios bitcoin mining facility in Texas (now sold) was shut down by bad weather for most of December. Normal companies might have mentioned it at the time but since when did disgraced CEO Peter Wall give a FF about the rules?

NEWSFLOW

Argo Blockchain (#ARB) – December “Operational Update”, more losses (natch!)

NEWSFLOW

Argo Blockchain (#ARB) – closes bailout (for now) deal with Galaxy Digital (TSX - GLXY)

NEWSFLOW

Argo Blockchain (#ARB) – to sell Helios facility for $65m and get $35m loan from Galaxy Digital (TSX - GLXY)

NEWSFLOW

Argo Blockchain (#ARB) – not in compliance with Nasdaq “minimum bid price requirement”, deadline set to regain compliance

views

Argo Blockchain back from suspension, shares crash, statement is dire

So the rapidly deleted web pages from the Argo Blockchain (ARB) website, which you can see HERE, were real – it ‘fessed last night, Chapter 11 is a very real possibility. The statement will bring no comfort to the bulls bit at least it means the shares can trade again and they have duly slumped by 48% to 3.5p. That is 3.5p too high.

views

When you bank is trouble you are really screwed – yes its Argo Blockchain again

We still have no statement from Argo Blockchain (ARB) regarding its share suspension on Friday and a possible Chapter 11 filing. But if you think Argo has problems ( it does it is bust) have a look at its main bank, NYDIG, the company’s primary secured lender.

NEWSFLOW

Argo Blockchain (#ARB) – November further loss, “continues to engage in financing discussions”. Good luck!

views

Argo Blockchain – precisely just how little cash is left

On 7 October Argo Blockchain (ARB) announced a series of measures to raise $39.5 million and claimed that this would be enough to last 12 months. Now I have doubts about that claim but unfortunately a proposed $27 million placing fell through so where is the company now?