Robert Petrovitz

[Robert Petrovitz @MainePilot]

@EricTrump @mikehomkh has there been a sea change at @ABTC? On 5/18 you posted the reserve was 7500. Yesterday you posted the same reserve total. What’s changed? Are you no longer mining? Are the machines being used for other purposes/revenue? Explain please.

[Robert Petrovitz @MainePilot]

@femalebodybuil6 Really? A heart attack seems to be the only reasonable answer. LOL

[Robert Petrovitz @MainePilot]

@femalebodybuil6 Wow! Many of the answers here reflect what have to be some very twisted up relationships. Yikes!

[Robert Petrovitz @MainePilot]

@EliseStefanik @elonmusk @DNC you get what you focus on and the Dems have only been about being poor and keeping everyone dependent on government handouts. There is no hope, joy, or prosperity down their path. Moral decay and darkness is what Dems offer.

[Robert Petrovitz @MainePilot]

@EricTrump @mikehomkh @ashergenoot - wonder why ABTC blocked me? I am asking the questions that everyone needs answers to. What’s the ratio for the RS; how many shares are there: what is the reserve total? It can’t still be 7,500 unless you stopped mining.

[Robert Petrovitz @MainePilot]

@ABTC @EricTrump @ashergenoot @mikehomkh I must be over the target now that ABTC has blocked my posts. There is no path forward for class A shares until management changes course.

[Robert Petrovitz @MainePilot]

@WMTWTV I want you to picture a blue haired, septum ring wearing NGO worker offering your child a fresh needle to inject heroin or fentanyl. Now go do a story on how proud you are about what the cities of Portland and Bangor do about drug addiction and the associated homelessness

[Robert Petrovitz @MainePilot]

@EdgeIncremental @cryptofergani I believe he is either a savant that is slightly early or the village idiot with a stopped watch that might be right at some point. Can’t make my mind up. Regardless, I do think BTC will be much higher by year end largely due to higher adoption through mainstream financials.

[Robert Petrovitz @MainePilot]

@WMTWTV wondering if you would do a story that congrats the uplifting messages from President Trump to the realities in Portland? Empty storefronts, used needles on the ground, and addicted zombies at bus stops. The Communists running the City have brought the expected darkness.

[Robert Petrovitz @MainePilot]

@ABTC @EricTrump please make it make sense. Your post on 5/18 declared the reserve was 7500. How is it still 7500 today?

I have the same questions-RS ratio, total reserve count, how many class A shares, and what is being done to improve the pps?

[Robert Petrovitz @MainePilot]

@cryptofergani I owned many thousands at $0.25. And yes, I did buy pizza with it.

[Robert Petrovitz @MainePilot]

@cryptofergani I have seen this play out before. Puts sold at various lower prices and then short to below that position to end up with enough of the security to close the short and possibly start a new position without having to buy in the market. Quietly taking a large position.

[Robert Petrovitz @MainePilot]

@cryptofergani Dude. You said it wasn’t ever going below $70k ever again. Sigh

Puts going all the way out to $380k are going to make bank this week. We can only hope they turn that money around and buy BTC.

[Robert Petrovitz @MainePilot]

@ABTC Wait. What? Are you saying ABTC’s reserve total hasn’t change since 5/18?

[Robert Petrovitz @MainePilot]

@Patriot_350 @ABTC @EricTrump @mikehomkh @ashergenoot All good points. Let’s make the assumption they have been busy swapping shares for BTC. Maybe 1.2 billion total shares outstanding adding a possible 1400 BTC. Roughly 9,300 BTC reserve. The IPO price was 6.90. At today’s BTC price and 1.3x pps gets back to roughly $1.

[Robert Petrovitz @MainePilot]

@ABTC @EricTrump @mikehomkh @ashergenoot No matter what scenario I run, ABTC is trading at book. The market isn’t applying any multiple likely because you guys haven’t provided any real guidance on the company’s future. Fingers crossed BTC goes up isn’t a business strategy.

[Robert Petrovitz @MainePilot]

@Patriot_350 @ABTC @EricTrump @mikehomkh @ashergenoot The only way that happens is through mining and they are doing a great job there. The trade of new shares for BTC is somewhat benign. However, each new share dilutes the mining value and increases how high BTC price needs to go before there is any substantive change in pps.

[Robert Petrovitz @MainePilot]

@Lea_Moreau77 Very true. There is roughly $9 billion imbalance though, which is more than a third of the current trade volume. I would expect the dealers to try and change that up. Should be an interesting end of the week.

[Robert Petrovitz @MainePilot]

With BTC max pain for this Friday sitting at $74k, a lot of puts are in the money. Wonder how that will battlefield will change over the next couple of days? Will market makers push the price up from here?

[Robert Petrovitz @MainePilot]

@Lea_Moreau77 Max pain is an interesting measure. Price seldom lands there, but will be interesting this week because of the imbalance. Dealers don’t like to lose money and have the ability to move price.

[Robert Petrovitz @MainePilot]

@ABTC Speaking of the present, what is the RS going to be? How many class A shares are there? What is the reserve total? What is the plan to add shareholder value and convince investors ABTC is worth something?