Microgrid Tech Could
Breakthrough
May 3, 2019 -- InvestorsHub NewsWire -- Microcap Speculators --
The global microgrids market is estimated to be valued at US$30
billion in 2022, growing at a compound annual growth rate (CAGR) of
15% between 2018 and 2022, according to GlobalData’s
report “Microgrids, Update 2018 Global Market Size,
Competitive Landscape, and Key Country Analysis to 2022”.
One company that could be a big part of this growth,
CleanSpark, Inc. (USOTC:
CLSK), just released a production version of its
Microgrid Value Stream Optimizer (mVSO). Rather than relying
on a black box algorithm coupled with a spreadsheet of projected
savings, CLSK’s mVSO displays in great detail how real savings can
be achieved, down to 15-minute intervals. Customers only need to
provide CleanSpark with a year's worth of utility interval data for
their mVSO to begin its calculations. In some cases, an
overall cost reduction of up to 90% can be
achieved.
Today we are highlighting: CleanSpark, Inc. (USOTC:
CLSK), Advanced Energy Industries (NASDAQ:
AEIS), Arrow Electronics, Inc. (NYSE:
ARW), ESCO Technologies In. (NYSE:
ESE), and Digi International (DGII).
CleanSpark, Inc. (USOTC:
CLSK) (Market Cap: $88.271M; Share Price:
$2.05) has had quite the year.
The company engaged a firm to navigate their up listing, announced
the near completion of a $900k contract to install a CLSK microgrid
at a U.S. Marine Corps Base and has been progressing on a $18.3
million deal with NYSE company, MAC. Now is the time to start
your research on CLSK.
CLSK has a microgrid energy solution for the cannabis industry that
dramatically decreases the cost of energy associated with producing
each pound of valuable cash crop. A cannabis business using
$90,000 per year in energy has the potential to reduce its
operating costs (flowering stage) from $270/lb. to $200/lb.,
producing a 15% ROI over 10 years.
CLSK currently has several revenue generating projects. It
also released an Edgar filing reporting $20 million in financing in
the form of Debenture, the Series B Preferred Stock, the Warrant
and the Common Stock. With the warrants being priced $3.50
per share with respect to 2,000,000 Warrant Shares, $4.00 with
respect to 100,000 Warrant Shares, $5.00 with respect to 100,000
Warrant Shares, $7.50 with respect to 50,000 Warrant Shares and
$10.00 with respect to 50,000 Warrant Shares, the parties are
surely anticipating growth. This committed financing will
help accelerate the development and deployment of CleanSpark's
Distributed Energy Resource (DER) Solutions to commercial
customers. This $20 million capital raise provides an avenue
to scale Microgrid projects into broad adoption.
CLSK has outlined several initiatives in their recent letter to
shareholders. CLSK is planning to initiate a marketing
campaign to start reaching indoor cannabis growers dealing with
inefficient energy usage in need of their services, push forward
their projects with recent acquisition of Intellectual Property of
Pioneer Critical Power Inc, and facilitate growth in their R&D
to find new industries their solution can improve. Start your
research now.
________
Advanced Energy Industries (NASDAQ:
AEIS) (Market Cap: $2.193B; Share Price:
$57.36) was awarded Platinum level
from ClimateWise, a voluntary climate change action program in
Fort Collins, Colo. that offers simple solutions to help businesses
reduce their environmental impact, save money and gain recognition
for their conservation achievements. Attaining the highest
award level for the second consecutive year, Advanced Energy
proudly accepted its award at Envirovation, a ClimateWise
recognition event that took place on April 25, 2019 at the Drake
Centre in Fort Collins.
________
Arrow Electronics, Inc. (NYSE:
ARW) (Market Cap: $6.405B; Share Price:
$75.19) reported first-quarter net income of $140.7
million. On a per-share basis, the Centennial, Colorado-based
company said it had net income of $1.63 per share on diluted
basis. Earnings, adjusted for restructuring costs and
amortization costs, came to $1.84 per share on a diluted
basis. The results did not meet Wall Street
expectations. The average estimate of five analysts surveyed
by Zacks Investment Research was for earnings of $1.90 per
share.
________
ESCO Technologies In. (NYSE:
ESE) (Market Cap: $1.94; Share Price:
$74.85)’s second quarter 2019 financial results will
be released on May 7 at approximately 3:15 p.m. Central Time,
followed by the conference call/webcast at 4 p.m. Central Time
where the financial results and related commentary will be
discussed.
________
Digi International (DGII) (Market Cap: $362.542M;
Share Price: $13.10) announced the availability of
the Digi AnywhereUSB® Plus products. Offered with two, eight,
or 24 USB 3.1 Gen 1 connectors to enable USB device connectivity
from local, remote or virtualized hosts, these network-attached
remote USB hubs connect USB peripheral devices to a PC over an IP
or, with a cellular module, LTE network. The AnywhereUSB
Plus modular approach to cellular support means devices are 5G
ready today.
________
Signed by
Priyanka Goel, CFA
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a three-month
term consulting agreement with CLSK dated 9/12/18. The
agreement calls for $10,000 in cash, and 30,000 restricted 144
shares of CLSK per month. Regal and CLSK have signed an
amendment to extend the contract for twelve months starting
10/10/18, and increased the cash component to $20,000 per month.
CLSK has paid an additional $12,000 for services provided in
November. CLSK has paid an additional $88,000 for services provided
in December. CLSK has paid an additional $100,000 for
services for January. CLSK has paid an additional $100,000
for services for February. Regal was paid an additional
$100,000 for March services. CLSK has paid an additional
$100,000 for services for March. CLSK has paid an additional
$80,000 for services for April. CLSK has paid All payments
were made directly by Clean Spark, Inc. to Regal Consulting, LLC.
to provide investor relations services, of which this article is a
part of. Regal Consulting also paid one thousand dollars cash
to microcapspeculators.com to distribute this article. Regal
Consulting may have a position in the securities mentioned in this
article at the time of publication, and may increase or decrease
its position without notice. This article is based on public
information and the opinions of Regal Consulting. CLSK was given an
opportunity to edit this article. This article contains
forward-looking statements that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from any results predicted herein. Regal Consulting is not
registered with any financial or securities regulatory authority,
and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full
legal disclaimer/
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SOURCE: Microcap Speculators
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