news - The SiLLC Assembly

X4A Networks, a project of The SiLLC Assembly, expands its support for Bitcoin with multiple Full Nodes

[Sarasota, Florida, May 19, 2023] — X4A Networks, a project of The SiLLC Assembly, recognizes the importance of Bitcoin Full Nodes in maintaining the stability and security of the Bitcoin blockchain. As the number of transactions on the Bitcoin network continues to grow, the need for Full Nodes becomes increasingly critical.

Recently, the Bitcoin blockchain experienced a rare chainsplit, which caused FUD and ridicule in the crypto market. Critics blamed the congestion of the Bitcoin network, partly due to the explosion of BRC-20 tokens, for the mishap.

Bitcoin Full Nodes like https://btc.x4a.net are essential for the survival of the blockchain, and financial support through donations has become crucial for Full Node operators. They play a crucial role in validating transactions and upholding the consensus rules of the network, making sure everyone is on the same page and no one is trying any funny business.

X4A Networks is committed to supporting the Bitcoin network and has set up several Full Nodes to ensure its stability and security. It is time for the crypto community to recognize the importance of Full Nodes and support them financially. With more Full Nodes, the Bitcoin network becomes stronger and more decentralized, protecting it from any hackers or bad actors.

Join X4A Networks in supporting Bitcoin Full Nodes and ensuring the future of the Bitcoin blockchain. Visit https://btc.x4a.net to learn more and donate to keep the Bitcoin network safe and secure for all.

In a recent interview, Rubinho Gonzales, Technical Advisor for X4A Networks, stated that as the number of transactions on the Bitcoin network continues to grow rapidly, it is crucial to consider the future importance of having more Bitcoin Full Nodes in operation.

For those who are familiar with blockchain technology, it is known that every transaction is added to a block, and once the block is full, it is appended to the chain. With an exponential increase in transactions expected as more individuals join the world of cryptocurrency, there will be a need for more Full Nodes to maintain the efficiency of the network.

Furthermore, Bitcoin Full Nodes are not just for storing and validating transactions. They also play a vital role in upholding the consensus rules of the network, ensuring that all participants adhere to the same guidelines and preventing fraudulent activities. The more Full Nodes available, the stronger and more decentralized the blockchain becomes, safeguarding it from potential hackers or malicious actors.

Looking ahead, it is essential to support and encourage the growth of Bitcoin Full Nodes. As the cryptocurrency and blockchain sectors continue to expand, it is crucial to ensure that there are enough Full Nodes to maintain a smooth and stable network. This goal can be achieved with the combined efforts of the community.

The SiLLC Assembly is taking the initiative to establish a robust full node network around the world, and we are actively seeking supporters who share our vision. We believe that a strong and decentralized network of full nodes is critical to maintaining the stability and security of the blockchain.

As a leader in the blockchain industry, we are committed to ensuring that the Bitcoin network remains secure, reliable, and accessible to all. We are proactively searching for sponsors who are willing to support our mission by becoming full node sponsors. By donating to our cause, you can help us establish a giant full node network that will provide unparalleled support to the blockchain.

We invite you to join us in this critical mission to protect and strengthen the Bitcoin network. Your support will help us create a more secure and decentralized blockchain that will benefit everyone in the crypto community. If you would like to become a full node sponsor, please contact us at [insert contact information]. Together, we can build a better future for the blockchain.

For more information about X4A Networks and our support for the Bitcoin Network, please visit our website at https://x4a.net.

Technical Information:
X4A Networks Full Nodes are running the latest version of the Bitcoin Core software and are hosted on dedicated servers with high-speed internet connections. Each Full Node has been configured to support the network by verifying transactions, maintaining a copy of the blockchain, and broadcasting new transactions and blocks to the network. Our Full Nodes are regularly monitored and maintained to ensure optimal performance and security.

About The SiLLC Assembly (TSA)
SiLLC is in the business of creating and managing a large and diverse network of companies in AR, blockchain, digital assets, eCommerce, internet, metaverse, Retrotech, technology, and VR worldwide. SiLLC continues to capitalize on the numerous opportunities presented by emerging new mediums. SiLLC focuses on constructing a network of companies in advertising/marketing, AR, blockchain, content and community, eCommerce, energy, metaverse, Retrotech, robotics, technology, VR, and enabling technologies. With deep and broad management expertise, a tightly targeted strategic focus, an unparalleled track record, and a unique and successful investment model that demands and drives growth, SiLLC can truly claim to be creating .net value.

For more information, please visit https://www.sillc.net .

Contacts

Press, Investor Relations:
tleitner@sillc.net

Mirrors:
https://www.openpr.com/news/3059027/x4a-networks-a-project-of-the-sillc-assembly-expands-its

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Disclaimer
All transactions are carried out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relate to The SiLLC Assembly International.

Deutsche Rohstoff Group Starts 2023 with Strong Q1 Earnings and Increased Production

May 11, 2023 [crocon media – msch] – Deutsche Rohstoff Group has reported a strong start to 2023, with increased earnings and growth in oil and gas production. In Q1 2023, the company generated earnings of EUR 14.6 million, corresponding to EUR 2.86 per share, which is an improvement from the previous year’s EUR 12.8 million and EUR 2.36 per share. Key highlights include:

Revenue of EUR 42.7 million, a 50% increase from the previous year’s EUR 28.1 million
EBITDA at EUR 32.3 million, significantly higher than the previous year’s EUR 25.2 million
Operating cash flow of EUR 42.9 million, compared to EUR 6.8 million in the previous year
Oil and gas production growth of over 38%, amounting to 976,832 barrels of oil equivalent (BOE) and 477,191 barrels of oil (BO)
Net income from hedging transactions balanced, compared to EUR -10.5 million losses in the previous year
Equity ratio surpassing 40% for the first time since 2015

In the first quarter, the average realized oil price after hedges was USD 74.62/bbl, with WTI trading at an average of USD 75.93/bbl. The consolidated balance sheet reflects the positive results, with consolidated equity increasing to EUR 144.8 million at the end of Q1 2023 and the equity ratio reaching 40.2%.

Cash flow from operating activities amounted to EUR 42.9 million, while cash flow from investing activities reached EUR 37.6 million. The company expects a significant increase in production volumes in the second half of the year, particularly with the start of production from ten wells in a joint venture with Oxy and three of 1876 Resources’ own wells.

For 2023, the company’s guidance projects revenues between EUR 150 and 170 million, EBITDA between EUR 115 and 130 million, and a clearly positive Group result.

Read the original press release for more details : https://rohstoff.de/en/eur-42-7-million-revenue-in-q1-2023/

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Disclaimer
All transactions are carried out by The SiLLC Assembly, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relate to The SiLLC Assembly International.

Broadwind, Inc. Showcases Strong Q1 2023 Performance, Exceeding Expectations and Making Strides Towards Future Growth

May 11, 2023 [crocon media – msch] – Broadwind, Inc. (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions for global markets, has released its financial results for Q1 2023, revealing substantial improvements over the same period last year.

In terms of positive aspects, Broadwind’s total revenue rose by 17% year-over-year (y/y) to $48.9 million, while its total gross profit reached $7.0 million, marking a significant increase of $5.0 million y/y. Broadwind’s GAAP net income stood at $0.8 million, up $3.2 million y/y, and the company’s non-GAAP adjusted EBITDA was $4.1 million, a notable increase of $4.1 million y/y. The company’s total backlog also rose dramatically by $170.7 million y/y to a robust $287.8 million, indicating a healthy pipeline of future business.

Furthermore, Broadwind provided updated full-year 2023 financial guidance, projecting total revenue between $205 million to $220 million, positive GAAP net income, and total non-GAAP adjusted EBITDA between $16 million to $18 million. This suggests a strong outlook for the rest of the year.

However, there are aspects of the report that are just okay. While Broadwind reported strong revenue and profit growth, the company’s total cash on hand and availability under its credit facility was $12.3 million, down from $40.1 million at the end of Q4 2022. This decrease was due to heavy investments in working capital to support incremental wind tower demand, resulting in a sequential decline in total liquidity, although this was expected.

Broadwind has also pursued aggressive strategies to increase its share of wallet with existing customers and expand into complementary adjacent markets. For instance, the company recently announced an $8 million order for its proprietary Mobile Pressure Reducing Systems (PRS) and related accessories, which are critical components in “virtual pipelines” supplying compressed natural gas to regions without established pipeline infrastructure.

The company’s robust growth strategy, focused on organic growth, revenue mix diversification, improved asset optimization, and disciplined capital management, positions it for continued success in the coming years. However, the company will need to carefully manage its liquidity and continue its strong operational performance to maintain its current momentum.

In summary, Broadwind’s Q1 2023 financial results reflect a company that is executing well on its growth strategies, improving its financial performance, and showing promise for the remainder of the year.

Read the original press release for more details : https://www.globenewswire.com/news-release/2023/05/11/2666528/13041/en/Broadwind-Announces-First-Quarter-2023-Results.html

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