#CLEANSPARK INC STOCK PRICE SOFTWARE#

#CLEANSPARK INC STOCK PRICE SOFTWARE#

Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment.ĬleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. CleanSpark's software allows energy users to obtain resiliency and economic optimization. Our services consist of intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting services and turn-key microgrid implementation services. Bradford.ĬleanSpark provides advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. “In the months ahead, we look forward to reporting our operating results in this fast-growing industry and providing updates on our growth efforts,” stated Mr. We expect this enhancement to further allow us to not only compete on price but also on functionality. Release of new features and improvements to our mPulse Controls platform, which includes enhanced reporting and the release of a low costs ‘light-version’ for smaller systems.We believe these features further distinguish CleanSpark as a market leader in the space. Release of new features and improvements to our SaaS Microgrid Value Stream Optimizer (mVSO) platform, which includes the enhanced equipment library, the ability to run scenario comparisons and upload site plans.The intended Resiliency Zones would utilize Solar Energy, Storage and Back-up Generation controlled by our mPulse controls platform to meet the School District’s energy needs and provide back-up energy to the surrounding communities during emergencies. In accordance with the MOU, CleanSpark will evaluate two stages of grid resiliency for the District. CleanSpark announced the signing of a Memorandum of Understanding (“MOU”) with the Shoreline Unified School District to form a Strategic Alliance for Microgrid Assessment and Deployment.We are currently working with ILAL on two initial feasibilities studies and we anticipate that in 2020 we will recognize at least $200,000 in related revenue with a large increase expected in 2021 as ILAL’s development efforts begin to accelerate. The agreement calls for CleanSpark to provide its microgrid Value Stream Optimizer (mVSO) software services to support system design and engineering as well as integrating CleanSpark’s mPULSE software into the final systems on all future energy projects across the ILAL portfolio of properties. CleanSpark announced a 10-year exclusive agreement with International Land Alliance (ILAL).Quarter ending DecemNet loss per share improved by $0.23 per share to $(0.40) from $(0.63) in 2018.Quarter ending DecemGross profit increased 238% to $94,103, up from $39,581 in 2018.Six consecutive quarters of year-over-year quarterly growth.expected to add $2 Mil in annual revenue with margins that exceed 50% January 2020 acquisition of p2kLabs Inc.Completed Nasdaq uplisting in January 2020.Over the last few months, the Company has achieved numerous milestones. We continue to deliver solid financial results, and we remain very confident in our prospects.” Last but not least, the Company wishes to reassure CleanSpark’s shareholders that we remain on track with our current and prospective projects, and that all contracted projects are being worked on, and such activity will be reflected in the Company’s future quarterly results.ĬleanSpark CEO Zach Bradford remarked, “While we don’t normally comment on our stock price or performance, it is important to stress that nothing has fundamentally changed in our business. CleanSpark further confirms that none of the business developments disclosed previously are at risk. The Company does not usually opine on stock price and trading activity, however, given the recent decline, and inquiries from investors, the Company confirms the following:Įverything material has been disclosed by the Company in either its press releases or quarterly reports. (Nasdaq: CLSK), a diversified software development and intelligent energy services company, issues this press release in response to recent trading activity in its shares, and stock price decline. 20, 2020 (GLOBE NEWSWIRE) - CleanSpark, Inc.

Cleanspark inc stock price