Blockchain - The SiLLC Assembly

Neptune Digital Assets Embarks on Strategic Expansion with Polkadot and Solana, Eyeing Long-Term Growth in PoS Operations

[West Dayton, Middx, United Kingdom, November 3, 2023 — msch — The SiLLC Assembly / crocon media] In a strategic move that underscores the growing importance of proof of stake (PoS) mechanisms in the cryptocurrency landscape, Neptune Digital Assets Corp. has announced the addition of Polkadot (DOT) and Solana (SOL) to its already robust collection of tokens. This expansion is not merely an addition to its portfolio but a calculated step towards solidifying its position in the PoS domain.

Neptune’s foray into PoS operations has been marked by a consistent yield of nearly 20 percent from its long-term holding of Cosmos (ATOM), a testament to the company’s strategic prowess in the blockchain space. The yields are not sitting idle; they are either enhancing Neptune’s Bitcoin balance or further bolstering its PoS operations, demonstrating a savvy reinvestment strategy that could be a harbinger of sustainable growth.

At the heart of Neptune’s strategy is its Ethereum (ETH) validator, which plays a pivotal role in transaction processing and block addition to the Ethereum blockchain. This is not just a technical endeavor but a strategic one, positioning Neptune at the nexus of blockchain transactions, which could translate into significant revenue streams.

The company’s CEO, Cale Moodie, has expressed confidence in this direction, citing the long-term sustainability and revenue opportunities that come with managing nodes, validators, and other blockchain software. Neptune’s growing expertise in this area is a clear signal to investors about the company’s potential value.

Moreover, Neptune’s active investment in artificial intelligence tokens like Graph (GRT) and Ocean further diversifies its portfolio. With plans to integrate GRT into its PoS revenue stream once it reaches its full potential, Neptune is not just staking tokens; it’s strategically positioning itself for the future.

However, the path forward is not without its challenges. The regulatory landscape, particularly in the United States, has been fraught with uncertainty. SEC Chair Gary Gensler’s stance on treating PoS tokens as securities has sparked a debate that has yet to be settled, contrasting with the more accommodating stance of Canadian regulators.

Despite the regulatory headwinds, Neptune’s proactive approach and diversified investments in the PoS space suggest a bullish outlook for the company. As the regulatory climate evolves, Neptune’s strategic positioning could well make it a promising crypto play with the potential for an excellent return on investment.

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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.

The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks involves risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.

Neptune Digital Assets: A Beacon of Profitability and Resilience in the Crypto Market

August 1, 2023 [crocon media – msch] – In the ever-evolving world of digital assets, Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) stands out as a beacon of profitability and resilience. The company recently announced a comprehensive net income of $2.5 million for the period ending May 31, 2023, a testament to its robust financial health and strategic operations.

Several aspects of Neptune’s performance are noteworthy. The company ended the quarter with $38.5 million in assets and zero debt, a strong indicator of financial stability. This is particularly impressive given the volatile nature of the crypto market.

Neptune’s revenue generation strategy is also commendable. The company earned total revenues and other income of $2.9 million through Bitcoin mining, staking, DeFi, and other income-generating activities during the nine-month period. This diversified approach to revenue generation is a smart move, reducing reliance on any single income stream and mitigating risk.

The company’s decision to retain all its Bitcoin in cold storage and not engage in active selling is a prudent one. This strategy allows Neptune to benefit from potential future appreciation of Bitcoin, while also providing a buffer against short-term market fluctuations.

However, the outcome of Neptune’s Chapter 11 claims with Genesis and Celsius is currently unknown, which introduces a degree of uncertainty. The company also holds a significant investment in SpaceX, valued at approximately $2.3 million USD, which, while potentially lucrative, is subject to the risks inherent in the space industry.

Looking ahead, Neptune’s CEO, Cale Moodie, expressed optimism about the company’s future. He stated that Neptune is positioning its monetary assets to gain additional exposure in the projected recovery over the coming years, while also taking measures to protect against substantial pullbacks or black swan type events.

In conclusion, Neptune Digital Assets presents a compelling case for investment. The company’s strong financial performance, strategic operations, and optimistic outlook position it well for future growth. As the crypto market continues to evolve, Neptune’s resilience and adaptability will likely continue to drive its success.

Check out the full details here: https://www.newsfilecorp.com/release/175557/Neptune-Digital-Assets-Announces-Comprehensive-Net-Income-of-2.5-Million-for-the-Period-Ending-May-31-2023

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Disclaimer
All transaction are carrying 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 represent 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 relates to SiLLC Assembly International.

Neptune Digital Assets Announces the Release of Q1 Financial Statements For the Period Ended November 30, 2022

Vancouver, British Columbia–(March 29, 2023) – Neptune Digital Assets Corp. (TSXV: NDA) (OTC Pink: NPPTF) (FSE: 1NW) (“Neptune” or the “Company“), one of the first publicly traded blockchain companies in Canada, is pleased to announce that it has released its November 30, 2022 quarterly consolidated financial statements and management, discussion and analysis for the three months ending November 30, 2022.

Below are a number of financial highlights pertaining to the first quarter ending November 30, 2022 and for the period subsequent to year end up to the date of this news release.

Neptune ended the quarter on November 30, 2022 with $35 million in assets and no debt.
Neptune earned total revenues and other income of $1.09 million through Bitcoin mining, staking, DeFi and other income-generating activities during the three-month period ended November 30, 2022.
Neptune mined $580,343 worth of Bitcoin up to November 30, 2022. As of the date of this release, Neptune had a total balance of 237 Bitcoin in cold storage and an additional 64 Bitcoin under chapter 11 claims with Genesis and Celsius, with the outcome of those claims currently unknown. Neptune currently does not sell its Bitcoin and all Bitcoin is now stored in cold storage.
Neptune’s two largest digital asset holdings as of the date of this release are 237 BTC and 175,000 ATOM. The Company also holds positions in ETH, FTM, wMemo, DASH, Lif3, Tomb and a number of other tokens, as well as an investment in SpaceX valued at approximately $2 million USD.
Current cash balance is $12 million CAD held with a tier 1 Canadian bank and another $4 million USD under Chapter 11 claim with Genesis Lending with the outcome currently unknown.
Neptune has now filed all financial reporting requirements in order to be compliant and will apply immediately for the cease trade order to be lifted and for trading to resume.

“Neptune has now filed our three months ended November 30, 2022 Q1 financials and expects regular trading to resume in the coming days. We will update our shareholders as that date approaches and we thank everyone for their patience through this challenging regulatory environment. Business operations continued as usual during the downtime and we look forward to positive growth ahead,” stated Cale Moodie, Neptune CEO.

Given the Company has now filed its unaudited interim financial statements, management discussion and analysis and certifications for the three months ended November 30, 2022 the Company expects the cease trade order issued by the British Columbia Securities Commission will be revoked shortly.

Operating and Financial Overview
($CAD)
	For the year ended	November 30, 2022	November 30, 2021

	Mining revenue	580,343	293,794
	DeFi revenue	10,977	416,890
	Direct Mining expenses (not incl depreciation)	(402,812)	–
	Other income*	510,705	996,362
	Total earnings	699,213	1,707,046

	Depreciation**	129,636	159,818
	Stock based compensation**	443,069	184,214
	General expenses	1,014,330	(150,724)

	Impairments *****	(183,168)	–
	Realized gain (loss) on settlements and sales	945,221	(67,005)
	Revaluation of digital currencies***	(693,503)	2,351,271
	Unrealized gain (loss) related to lending activities and investments	(232,718)	4,935,551
	Comprehensive income (loss) for the year	(1,051,990)	8,733,555
Financial Position
($CAD)

	As at	November 30, 2022	August 31, 2022
	Cash and receivables	19,066,908	22,591,137
	Total digital assets	8,155,654	4,196,888
	Total other assets	7,731,565	9,254,319
	Total liabilities	411,491	890,787
	Total shareholders equity	34,542,636	35,151,557
	Working capital****	22,128,799	25,746,557

	* All non-Bitcoin mining and non-DeFi revenue generating activities
	** Non-cash items, including depreciation of mining rigs
	*** Revaluation is calculated as the change in value (gain or loss) on the coin inventory. When coins are sold, the net difference between the proceeds and the carrying value of the digital currency (including the revaluation), is recorded as a gain (loss) on the sale of digital currencies
	**** Current assets less current liabilities

About Neptune Digital Assets Corp.

Neptune Digital Assets Corp. is one of the first publicly traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the auditors completing the remining auditing items with respect to the Annual Filings; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.

The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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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.