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    LNK   CA5357611006

LINK GLOBAL TECHNOLOGIES INC.

(LNK)
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Link Global Technologies Inc. Finalizes its Strategic Co-Mining Agreement with Mission World Group and its Subsidiary GSV Futures Inc

08/16/2021 | 12:42pm EDT

Link Global Technologies Inc. announced that the company has finalized its strategic co-mining agreement with Mission World Group and its subsidiary GSV Futures Inc. Pursuant to the terms of the agreement, the company will develop certain premises for GSV to operate approximately 3,000 Bitcoin mining units. The company will also provide maintenance of the premises for a term of three years. This is an arms-length transaction between GSV Futures and Link Global. Under the terms of the definitive agreement, Link will design, build and operate the infrastructure for the operation of the miners and will also provide management services necessary to maintain 98% uptime on the miners. In consideration of these services, Link will work with GSV to achieve competitive rates for power and receive a profit share of mined coins. It is expected that the miners will be delivered and installed during the third and fourth quarters of 2021. Estimated calendar miner delivery dates: third quarter of 2021: 3,000 miners and fourth quarter of 2021: optional 3,000 miners.


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Financials (USD)
Sales 2020 1,27 M - -
Net income 2020 -4,67 M - -
Net Debt 2020 2,32 M - -
P/E ratio 2020 -3,49x
Yield 2020 -
Capitalization 11,5 M 11,5 M -
EV / Sales 2019 -
EV / Sales 2020 13,0x
Nbr of Employees -
Free-Float 90,4%
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Managers and Directors
Stephen Jenkins President, Chief Executive Officer & Director
Emmery Wang Chief Financial Officer
Kevin Ma Director
Munaf Ali Director
Bijan Alizadeh Director
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