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 Dash Announces Change of Name to Neptune Digital Assets Corp.

Neptune Dash Announces Change of Name to Neptune Digital Assets Corp.

VANCOUVER, British Columbia, Dec. 17, 2020 — Neptune Dash Technologies Corp. (TSX-V:DASH) (OTC:NPPTF) (FSE:1NW) (the “Company“) is pleased to announce that, further to its news release dated December 8, 2020, the Company has changed its name to “Neptune Digital Assets Corp.” Effective at the opening of trading on ‎Monday, ‎December 21, 2020, the common shares of the Company will trade on the TSX-V under the new name. The Company’s trading symbol “DASH” will remain unchanged. There is no consolidation of capital associated with the name change.

“Our new name now accurately reflects our overall strategy of being a well-diversified and low operational cost crypto currency company, with our largest holdings in some of the best performing assets of 2020 such as BTC and ATOM”, stated Cale Moodie, Neptune CEO.

No action is required from shareholders in connection with the proposed name change. Issued ‎certificates representing commons shares of the Company will not be affected by the change of name ‎and will not need to be exchanged. The Company encourages shareholders to contact their broker or ‎agents with any questions regarding the proposed name change. ‎

About Neptune Digital Assets Corp.

The Company has a diversified cryptocurrency portfolio with investments made in top market cap tokens, proof-of-stake cryptocurrencies, decentralized finance and associated blockchain technologies.

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Dash Technologies Corp.
www.neptunedash.com
Phone: (604) 319-6955
Email: 

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 include, but are not limited to, the future success of the Company’s overall strategy of being a well-diversified and low cost of operations crypto currency company‎. 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 inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to ‎successfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; 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 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.


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