You are NOT going to get unbiased information from the GREE Reddit Sub. You will only get F.U.N. This information is for potential New GREE investors and delusional GREE Redditors who still drink the delusional Kool-Aid. Enjoy.
Attention GREE Redditors:
1) You believe in this company even though they have 10:1 voting power over you.
2) GREE has NOT put a single penny into its own stock. The current Stock Price is being established and supported by Retail and only Retail.
3) You admit that GREE had no duty to SPRT shareholders, what about duty to GREE shareholders? Doesn’t look like it to me..
4) Average down boys and post pictures of your buy orders. Otherwise, GREE Redditors are nothing more than delusional pumpers.
5) BTW.. the DEC has to go over 4,000 written comments thoroughly. The air permits will NOT be resolved anytime soon. But wait, the water permits expire in Sept 2022. Do you think it will be easier or harder to renew the water permits? Hmmm….
6) Go on and continue your creative writing exercises about what GREE should do to be awesome. I’m sure GREE consults Reddit boards for advice. For new people, these creative writing exercises on the GREE Reddit Sub are ways to pump you up to buy GREE stock.
7) Also, some say it’s awesome to create debt instead of dilution. For retail that is part true. From a business point of view, you always want stock offerings first. If you are desperate, then you assume debt. GREE is in trouble when they know they can’t go through a stock offering to raise money. Remember, they hold 10:1 voting power so it doesn’t matter to them if they dilute. GREE is in trouble.
8) Nobody caught on that they will replace the CFO in January 2022. You only do that if the CFO fucked up… The CFO handles the financing and Stock Offering issues…
9) Next, GREE owns a Peaker Powerplant that provides its 10,000 miners at the Dresden, NY facility with power. That is why they are “Behind The Meter” and have elements of Vertical Integration that make the filed GREE Presentation factual. This means expansion of NEW miners over 10,000, will NOT have this benefit. If GREE loses out on the Air Permit renewal, they lose the “Behind The Meter” Strategic Advantage. Remember, GREE rushed the SPRT merger to get SPRT’s $30M to purchase new miners for their South Carolina facility. They purchased the new miners in the very day the merger closed on Sept 15, 2021. GREE new the air permit renewal was a problem and thus rushed the merger to get funds for a relocation to South Carolina. As such, GREE is a scam because once they lose the air permit renewal, their marketing material will all be a misrepresentation. The merger was a scam because people who bought GREE or were holding SPRT through the merger, thought that GREE had the Powerplant strategic advantage. This was the ONLY selling point of GREE. So now, GREE is going to lose the very strategic advantage that made them recognizable. This is FRAUD.
10) Will GREE fix its problems before the 2024 Bitcoin halving? Hell the fuck No! Who know when the air permit renewal will be settled. Who knows when the pending water permit renewal will be settled. With all these “expansion” plans in South Carolina and Texas, GREE won’t likely be fully operational when this phenomenon occurs (GREE states that South Carolina will be operational in Q4 2022, but who believes them since they are now selling debt to raise money since their stock is shit).
11) The 2024 Bitcoin halving event will make it difficult to achieve a block reward as well as consume more energy costs (the strategic advantage only applies to the 10,000 Dresden miners). There is NO exit strategy here and GREE is just going to spend money on expansion when it may no longer be profitable. The longer it takes to be fully operational, there may not be anymore Bitcoin left to mine. It’s your fault for buying GREE stock, NOT Bitcoin.
12) Also, there are only about 2 Million Bitcoins left to mine. After that, no more Bitcoin. When more companies enter the market and mining capacity is increased, the last Bitcoin will be mined sooner than later. There is a timeline to GREE and that time is getting shorter. It’s your fault for buying GREE stock, NOT Bitcoin.
13) This ongoing drop in stock price isn’t caused by Short Sellers.. It is caused by Retail.. Mainly GREE Redditors pumping up the stock for day/swing trades and to convince you to buy options. Please learn your lesson and don’t buy this stock. Let GREE fix their problems first. GREE owes it to you as shareholders, to fix their problems first before you put more money into this piece of shit stock. GREE insiders CANNOT sell their shares till March 14, 2022. So they will NOT let the stock goto $0. Do you all understand this?!! This is time to put pressure on GREE and make them fix their problems.
Atlas holds the majority of Class B shares that have 10:1 voting power over Retail Common Class A shares. Basically, Atlas will take care of themselves before you. Having a small float only hurts Retail as GREE could never generate enough buying pressure to create any Short Squeeze. It’s your fault for buying GREE stock, NOT GREE.
14) Lastly, those December 2021 options look awesome (sarcasm). It’s gonna squeeze!!!😂🤩🤣😝
“It’s your fault for buying GREE stock.” Quoted from actual GREE Redditors.
XooxoxoxoxoX
