Sino Global Shipping America Ltd (SINO) News

wow how 1 year flew by

sheesh, this LIFE is going fast

SHIP TOPS SINO

Sino-Global Enters Bitcoin Mining Machine Joint-Venture with Highsharp; Will Make Investment to Drive Product Development and Expansion

Source: PR Newswire (US)
ROSLYN, N.Y., Oct. 4, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global" or the "Company") today announced it plans to enter a bitcoin mining machine joint-venture ("JV") with Highsharp, a company focused on block-chain technology, hardware, software and technology management, and cloud computing. The JV's scope will encompass collaborative engineering, technical development and commercialization of a proprietary bitcoin mining machine under the name Thor, with exclusive rights covering design production, intellectual property, branding, marketing and sales. In connection with entry into the JV, Sino-Global will make a $10 million investment in the next month to fund the JV's operations.

The JV will develop, and be exclusively licensed to manufacture, market and sell the Thor Bitcoin Mining Machine worldwide. The JV will own all intellectual property rights related to the Thor Bitcoin Mining Machine, including without limitation any modifications and improvements thereof. The JV plans to file a utility patent application with the United States Patent and Trademark Office pursuant to United States' patent laws and the Patent Cooperation Treaty ("PCT") for its planned Thor Bitcoin Mining Machine.

Sino-Global has agreed to invest an estimated $50 million over the next few years to support work performed in the U.S., including but not limited to design, testing and integration. Sino-Global expects to use existing assets as well as future capital raises to fund such investment. Highsharp will be the exclusive designated supplier of high-performance computing chips for the JV. A separate purchase agreement shall be signed between the JV and Highsharp. The quantity and all other details of the purchasing shall be determined based on actual business volume of the JV.

Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, "This is a major strategic development for Sino-Global with the potential for significant long-term financial benefit. The name we chose underscores our JV's considerable combined resources, market knowledge and capacity to address unmet demand for high-quality, reliable digital mining machines. Recent crypto policy changes combined with ongoing global component shortages have served to remove valuable digital mining production capacity. We intend to fill that vacuum and plan to move aggressively as we build greater value for Sino-Global and all shareholders."

About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the cryptocurrency market, while continuing to support and grow its shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO's operations, the demand for SINO's products and services, global supply chains and economic activity in general. Moreover, the value of cryptocurrencies may fluctuate significantly over time, and the success of the JV and its products are not assured. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2020. SINO's SEC filings are available publicly on the SEC's website at www.sec.gov. SINO disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Cision View original content:https://www.prnewswire.com/news-releases/sino-global-enters-bitcoin-mining-machine-joint-venture-with-highsharp-will-make-investment-to-drive-product-development-and-expansion-301391727.html

SOURCE Sino-Global Shipping America, Ltd.


Copyright 2021 PR Newswire

GM ZINO & SINO lol http://ih.advfn.com/stock-market/NASDAQ/sino-global-shipping-ame-SINO/stock-news/86203771/sino-global-enters-bitcoin-mining-machine-joint-ve

$SINO: Going bitcoing mining with HighSharp JV .... now at 2.40 !!!!!!!!


Allllllll eyes on this badboy with this MAJOR NEWS







GO $SINO

$$$ SINO $$$

Been out of SINO for a while. Took a very small loss... close to break-even. Looks like it is trending upwards again.

Bought back into SINO last week and saw the price jump on the 18th with news.

https://gcaptain.com/sino-global-shipping-joins-nft-craze/

I was told in casual conversation about the digital artwork collage that sold this month for 69 million dollars. I briefly glanced at the image from their smartphone. My verbal response was "that's dumb"... I decided to do a little more research to see what I could learn. Let me begin by noting that I am a fine artist(traditional with some digital pieces) and collector who has worked as an art consultant representing local artists and craftsman in my community. I've followed the sale of great works of art by numerous prestigious auction houses for several decades, since my early teen years in fact.

So, I discovered the digital artwork was sold by Christie's (a reputable institution) as a NFT by a living artist....

https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million

I then read this article about William Shatner selling his NFT collectibles

https://cointelegraph.com/news/william-shatners-nft-collectibles-sell-out-at-warp-speed

learned a bit more about this here

https://www.google.com/amp/s/www.theverge.com/platform/amp/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

My conclusion is... this already has proven value and potential. I can see future NFT sales being done by numerous museums, artists and celebrities. Imagine owning the only NFT of the Mona Lisa, what would something like that be worth? SINO is teaming up with CyberMiles to provide a platform for these transactions to occur. Traders want to trade digitally, and having a collection of artwork/collectibles in one's crypto wallet is a new and innovative idea.

Still though, if I had 69 million dollars to spend on art, I'd be trying to buy an original Van Gogh....

* * $SINO Video Chart 03-18-2021 * *

Link to Video - click here to watch the technical chart video

* * $SINO Video Chart 03-17-2021 * *

Link to Video - click here to watch the technical chart video

What is T/s in terms of hash rate?

Cashed out of SINO today and took a little profit. Will be back when market settles.

SINO hit a new yearly high yesterday. SINO goes up fast when transportation, shipping, or bitcoin/ethereum sectors go positive. Sadly, SINO can go down just as fast when one or more of those sectors go negative. Interesting news though today about SINO and on Feb 16th with the LOI. They are definitely thinking outside the box on how to increase revenue and shareholder value.

In Sino with 250 shares purchased between offerings. A shipping company starting up Bitcoin Mining. Super Low Float with Lightning Fast Movement. HAPPY Chinese New Year!

* * $SINO Video Chart 02-08-2021 * *

Link to Video - click here to watch the technical chart video

And they just did it. That is the only thing this company is good at.

Now when do they drop the PO hammer

Did one 2 months ago so maybe they’ll let this run

Glad your here SM

Short Squeeze?

WOW hit 16.50 https://ih.advfn.com/stock-market/NASDAQ/sino-global-shipping-ame-SINO/stock-news/84238230/sino-global-announces-new-executive-leadership-to

This is Sino's year. Big money investors invested in this for a reason.

I picked up more at $1.99 and $2.09. Just a hunch. I already have too many shares, but time to announce deals.

Back to $2. Dilution.

* * $SINO Video Chart 11-12-2020 * *

Link to Video - click here to watch the technical chart video

Do I just sell to myself

4.75 to 3.32 that fast, I dont see news soooo


this shouldnt be up this high or stay up this high


right?

Sell now

oy vey

SINO Sails set north

Whats this POS have to offer

What happened to the reverse split? Deadline is Monday, but Monday is a holiday and the market is closed.

Do a search on this new company we signed with. You'll get nothing!

Why would anyone sign with this stupid pos worthless chinese trash so called company

Is the Hong Kong exchange an option? We have an office there.

Walking it down for rs. Losers. Le cao is scum

They diluted it to shit then rs. They are piece of shit. Check the post history I BEEN SAYING THIS. That is why Lei Caoksucker bitch raised his salary. F!!lk sino, the os isnt even that bad yet this pos couldnt at least hold a dollar. Trashy chinese stock doesnt belong on nasdaq

On the positive side: It is trading for less than half of book value and insiders own 1/3 of shares (so do they really want to decrease their share value?)

Incompetent chinese business people. Lets dilute and rs this nasdaq stock like it is otc trash. Abusive animal torturing killing the world bastards

Lmao same. Screw them. I know we will lose though because shits rigged

I voted today. No to directors and no to r/s and no to compensation plan.

Well appears china trade is coming to terms so maybe we see some artificial suppy demand based spike. Or not. I only hold this pos thinking trade deal progress can lift it.

With insider percentage so high, our vote won't count much. But I am with you. They are doing everything a shareholder doesn't like: losing money, dilution, reverse split, overpaying employees (relative to revenue/bottom-line).

So now they rs. Pos loser chinese cant run a business for shit. Vote no, this loser stock belongs in otc. Dont let cao and co rs to dilute all over again the bastards

Wallstreet wont alllow it the haters

Book value is over a dollar.

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Revenue was down, but only because they used a different method of reporting. They need help in learning how to make a profit..

Breaking $.80 will be significant to chart watchers.

I saw .87

What the AH tease show?

Nice uptick