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iMining Blockchain and Cryptocurrency

OTCPK:IBKK.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IBKK.F
OTCPK
CA$2M
Market Cap
  1. Home
  2. US
  3. Software
Company description

iMining Blockchain and Cryptocurrency Inc. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • iMining Blockchain and Cryptocurrency has significant price volatility in the past 3 months.
IBKK.F Share Price and Events
7 Day Returns
-8.9%
OTCPK:IBKK.F
2.4%
US Software
1.2%
US Market
1 Year Returns
-
OTCPK:IBKK.F
25.6%
US Software
3%
US Market
IBKK.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iMining Blockchain and Cryptocurrency (IBKK.F) -8.9% 0.4% 44.8% - - -
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • No trading data on IBKK.F.
  • No trading data on IBKK.F.
Price Volatility
IBKK.F
Industry
5yr Volatility vs Market

IBKK.F Value

 Is iMining Blockchain and Cryptocurrency undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for iMining Blockchain and Cryptocurrency. This is due to cash flow or dividend data being unavailable. The share price is $0.0501.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iMining Blockchain and Cryptocurrency's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iMining Blockchain and Cryptocurrency's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:IBKK.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.10
TSXV:IMIN Share Price ** TSXV (2019-03-19) in CAD CA$0.07
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iMining Blockchain and Cryptocurrency.

OTCPK:IBKK.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:IMIN Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.10

-0.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iMining Blockchain and Cryptocurrency is loss making, we can't compare its value to the US Software industry average.
  • iMining Blockchain and Cryptocurrency is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does iMining Blockchain and Cryptocurrency's expected growth come at a high price?
Raw Data
OTCPK:IBKK.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for iMining Blockchain and Cryptocurrency, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iMining Blockchain and Cryptocurrency's assets?
Raw Data
OTCPK:IBKK.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.09
TSXV:IMIN Share Price * TSXV (2019-03-19) in CAD CA$0.07
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:IBKK.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:IMIN Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.09

0.76x

* Primary Listing of iMining Blockchain and Cryptocurrency.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iMining Blockchain and Cryptocurrency is good value based on assets compared to the US Software industry average.
X
Value checks
We assess iMining Blockchain and Cryptocurrency's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. iMining Blockchain and Cryptocurrency has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IBKK.F Future Performance

 How is iMining Blockchain and Cryptocurrency expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iMining Blockchain and Cryptocurrency has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iMining Blockchain and Cryptocurrency expected to grow at an attractive rate?
  • Unable to compare iMining Blockchain and Cryptocurrency's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare iMining Blockchain and Cryptocurrency's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare iMining Blockchain and Cryptocurrency's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:IBKK.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:IBKK.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:IBKK.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 0 -1 -2
2018-08-31 0 -1 -2
2018-05-31 0 -1 0
2018-02-28 -1 0
2017-11-30 0 0
2017-08-31 -1 0
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if iMining Blockchain and Cryptocurrency is high growth as no earnings estimate data is available.
  • Unable to determine if iMining Blockchain and Cryptocurrency is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:IBKK.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from iMining Blockchain and Cryptocurrency Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IBKK.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.10
2018-08-31 -0.08
2018-05-31 0.01
2018-02-28 0.02
2017-11-30 0.02
2017-08-31 0.02
2017-05-31 -0.03
2017-02-28 -0.02
2016-11-30 -0.02
2016-08-31 -0.02
2016-05-31 -0.02
2016-02-29 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iMining Blockchain and Cryptocurrency will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine iMining Blockchain and Cryptocurrency's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. iMining Blockchain and Cryptocurrency's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access iMining Blockchain and Cryptocurrency's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess iMining Blockchain and Cryptocurrency's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iMining Blockchain and Cryptocurrency has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IBKK.F Past Performance

  How has iMining Blockchain and Cryptocurrency performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iMining Blockchain and Cryptocurrency's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iMining Blockchain and Cryptocurrency does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare iMining Blockchain and Cryptocurrency's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare iMining Blockchain and Cryptocurrency's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
iMining Blockchain and Cryptocurrency's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iMining Blockchain and Cryptocurrency Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IBKK.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 0.33 -2.49 0.50
2018-08-31 0.28 -1.55 0.47
2018-05-31 0.03 0.19 0.47
2018-02-28 0.36 0.41
2017-11-30 0.36 0.34
2017-08-31 0.33 0.32
2017-05-31 -0.35 0.24
2017-02-28 -0.28 0.11
2016-11-30 -0.25 0.08
2016-08-31 -0.19 0.07
2016-05-31 -0.18 0.08
2016-02-29 -0.18 0.11
2015-11-30 -0.21 0.14
2015-08-31 -0.24 0.16
2015-05-31 -0.31 0.17
2015-02-28 -0.37 0.17
2014-11-30 -0.38 0.19
2014-08-31 -0.43 0.24
2014-05-31 -0.44 0.26
2014-02-28 -0.39 0.29
2013-11-30 -0.45 0.35
2013-08-31 -0.49 0.37
2013-05-31 -0.47 0.38
2013-02-28 -0.76 0.65
2012-11-30 -0.93 0.57
2012-08-31 -0.86 0.51
2012-05-31 -0.90 0.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if iMining Blockchain and Cryptocurrency has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if iMining Blockchain and Cryptocurrency has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if iMining Blockchain and Cryptocurrency improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess iMining Blockchain and Cryptocurrency's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iMining Blockchain and Cryptocurrency has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IBKK.F Health

 How is iMining Blockchain and Cryptocurrency's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iMining Blockchain and Cryptocurrency's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iMining Blockchain and Cryptocurrency is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iMining Blockchain and Cryptocurrency has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iMining Blockchain and Cryptocurrency's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • iMining Blockchain and Cryptocurrency has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iMining Blockchain and Cryptocurrency Company Filings, last reported 3 months ago.

OTCPK:IBKK.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 2.49 0.00 0.05
2018-08-31 3.49 0.00 0.03
2018-05-31 4.59 0.00 0.12
2018-02-28 3.19 0.00 3.11
2017-11-30 2.50 0.00 2.48
2017-08-31 2.56 0.00 2.53
2017-05-31 1.93 0.00 0.45
2017-02-28 2.01 0.09 0.49
2016-11-30 2.02 0.09 0.49
2016-08-31 1.66 0.08 0.22
2016-05-31 1.49 0.08 0.09
2016-02-29 1.50 0.00 0.01
2015-11-30 1.52 0.00 0.02
2015-08-31 1.53 0.00 0.03
2015-05-31 1.39 0.00 0.04
2015-02-28 1.48 0.00 0.07
2014-11-30 1.54 0.00 0.08
2014-08-31 1.60 0.00 0.13
2014-05-31 1.71 0.00 0.22
2014-02-28 1.86 0.00 0.34
2013-11-30 1.69 0.00 0.10
2013-08-31 1.59 0.00 0.02
2013-05-31 1.69 0.00 0.01
2013-02-28 1.79 0.00 0.01
2012-11-30 1.83 0.00 0.29
2012-08-31 1.72 0.00 0.73
2012-05-31 1.82 0.00 0.98
  • iMining Blockchain and Cryptocurrency has no debt.
  • iMining Blockchain and Cryptocurrency had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • iMining Blockchain and Cryptocurrency has less than a year of cash runway based on current free cash flow.
  • iMining Blockchain and Cryptocurrency has less than a year of cash runway if free cash flow continues to grow at historical rates of 113.5% each year.
X
Financial health checks
We assess iMining Blockchain and Cryptocurrency's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iMining Blockchain and Cryptocurrency has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IBKK.F Dividends

 What is iMining Blockchain and Cryptocurrency's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from iMining Blockchain and Cryptocurrency dividends.
If you bought $2,000 of iMining Blockchain and Cryptocurrency shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate iMining Blockchain and Cryptocurrency's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iMining Blockchain and Cryptocurrency's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:IBKK.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as iMining Blockchain and Cryptocurrency has not reported any payouts.
  • Unable to verify if iMining Blockchain and Cryptocurrency's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iMining Blockchain and Cryptocurrency's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iMining Blockchain and Cryptocurrency has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess iMining Blockchain and Cryptocurrency's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iMining Blockchain and Cryptocurrency afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iMining Blockchain and Cryptocurrency has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IBKK.F Management

 What is the CEO of iMining Blockchain and Cryptocurrency's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Eadie
COMPENSATION CA$30,000
AGE 53
CEO Bio

Mr. Robert Eadie has been President of Bond Resources Inc. since December, 2010 and has been its Chief Executive Officer since March 2018. Mr. Eadie was Chairman of the Board at Providence Gold Mines Inc. until October2018. He serves as the Chief Executive Officer, President and Director of Parlane Resource Corp. Mr. Eadie has been the Chief Executive Officer and President of Starcore International Mines Ltd., since October 2003. He has been Self-employed businessperson since 1991. He served as the President and Chief Executive Officer of Lebon Gold Mines Limited since November 17, 2006. Mr. Eadie has been the President of Cortez Gold Corp. since March 2007. He has been Consultant of Highland Resources Inc. (AKA Highland Copper Company Inc.) since October 11, 2012, served as its President from August 2011 to October 11, 2012, and served as its Chief Executive Officer until October 11, 2012. He served as the Chief Executive Officer of Golden Oasis Exploration Corp., since November 2, 2004 and served as its President. He served as the Chief Executive Officer and President of Monster Mining Corp. until October 2014. Mr. Eadie served as the Chief Executive Officer and President at Red Hut Metals Inc. until July 12, 2017. He served as Chief Executive Officer of Silver Predator Corp. He served as President of Till Capital Ltd. He served as the Chief Executive Officer of American Consolidated Minerals Corp. until May 2012. Mr. Eadie served as the Chief Executive Officer of Cortez Gold Corp. from March 2007 to January 2013. He served as Director of Capitalization Report and Secretary of Highland Resources Inc. and served as its Chief Executive Officer and President since September 1, 2009. He served as Secretary of Highland Resources Inc. since June 2006. He served as the Chief Executive Officer of Starcore International Mines Ltd from June 23, 2004 to December 2009 and served as its President from January 25, 2006 to October 2010. He served as the Chief Executive Officer and President of Highland Resources Inc. until September 1, 2009. He served as the Chief Financial Officer of Golden Oasis Exploration Corp. until May 2006. He served as the Chief Executive Officer of American Consolidated Minerals Corp. from January 2006 to May 2009 and as served as is President until May 2009. He serves as the Chairman of Red Hut Metals Inc. and has been its Director since February 16, 2010. He served as the Chairman of the Board and Chief Executive Officer of Platoro West Holdings, Inc. Mr. Eadie served as the President of Mishbishu Gold Corp., ALR Technologies Inc., and Messina Minerals, Inc. from July 26, 2002 to September 17, 2003 and Mobetta Corp. from November 1998 to May 1999. He serves as an Executive Chairman of Starcore International Mines Ltd and has been its Non-Independent Director since October 24, 2003. He served as the Chairman of Starcore International Mines Ltd. since June 23, 2004 and President from October 24, 2003 to June 24, 2004. He served as an Executive Vice President of Klondex Mines Ltd. from November 19, 2004 to January 2007, where he was responsible for the day-to-day corporate operations and its principal gold exploration target, the Fire Creek property located on the Northern Nevada Rift in the Battle Mountain-Eureka Trend in Nevada. Mr. Eadie has been a Non-Independent Director of Parlane Resource Corp. since June 1, 2007. He has been a Director of Lebon Gold Mines Limited since November 17, 2006. He has been Director of Bond Resources Inc. since December 8, 2010. He has been a Non-Independent Director of Cortez Gold Corp. since March 29, 2007. He served as a Director of Highland Copper Company Inc. (formerly Highland Resources Inc.) since June 7, 2006 until December 09, 2014. He served as a Non-Independent Director of Golden Oasis Exploration Corp. since November 2, 2004. He served as a Non-Independent Director of Monster Mining Corp. from June 23, 2010 to October 2014. He served as a Director of International All-North Resources from March 1996 to September 1997, Mobetta Corp. from November 1998 to May 1999, Freemont Gold Corp. from September 1998 to April 2000 and Remington Creek Resources from September 1995 to December 1995. Mr. Eadie served as a Director of Silver Predator Corp. until March 2009, Platoro West Holdings, Inc. since May 16, 2006; Messina Minerals, Inc.; Till Capital Ltd.; EMC Metals Corp. until December 11, 2009 and ALR Technologies Inc. He served as a Director of American Consolidated Minerals Corp. from January 31, 2009 to July 29, 2014.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year.
  • Robert's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Robert Eadie

TITLE
President
COMPENSATION
CA$30K
AGE
53

Gary Arca

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$30K
AGE
57
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the iMining Blockchain and Cryptocurrency board of directors in years:

6.4
Average Tenure
53
Average Age
  • The tenure for the iMining Blockchain and Cryptocurrency board of directors is about average.
Board of Directors

Robert Eadie

TITLE
President
COMPENSATION
CA$30K
AGE
53
TENURE
11.8 yrs

Gary Arca

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$30K
AGE
57
TENURE
11.8 yrs

Anders Nilsson

TITLE
Additional Independent Director
TENURE
0.9 yrs

Tanya Lutzke

TITLE
Independent Director
AGE
50
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Dec 18 Buy Gary Arca Individual 17. Dec 18 17. Dec 18 100,000 $0.03 $2,989
11. Sep 18 Buy Robert Eadie Individual 11. Sep 18 11. Sep 18 1,800,000 $0.13 $226,062
11. May 18 Buy Gary Arca Individual 09. May 18 09. May 18 2,000 $0.12 $233
10. May 18 Buy Robert Eadie Individual 09. May 18 09. May 18 500 $0.13 $66
09. May 18 Buy Gary Arca Individual 09. May 18 09. May 18 4,000 $0.14 $545
09. May 18 Buy Robert Eadie Individual 08. May 18 08. May 18 3,500 $0.14 $470
03. May 18 Buy Robert Eadie Individual 27. Apr 18 27. Apr 18 2,000 $0.16 $311
X
Management checks
We assess iMining Blockchain and Cryptocurrency's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iMining Blockchain and Cryptocurrency has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IBKK.F News

Simply Wall St News

IBKK.F Company Info

Description

iMining Blockchain and Cryptocurrency Inc. engages in the mining for cryptocurrencies. The company was formerly known as Parlane Resource Corp. and changed its name to iMining Blockchain and Cryptocurrency Inc. in April 2018. iMining Blockchain and Cryptocurrency Inc. was incorporated in 2007 and is based in Vancouver, Canada.

Details
Name: iMining Blockchain and Cryptocurrency Inc.
IBKK.F
Exchange: OTCPK
Founded: 2007
CA$1,418,235
29,086,265
Website: http://www.imining.com
Address: iMining Blockchain and Cryptocurrency Inc.
580 Hornby Street,
Suite 750,
Vancouver,
British Columbia, V6C 3B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IMIN Common Shares TSX Venture Exchange CA CAD 20. Dec 2007
OTCPK IBKK.F Common Shares Pink Sheets LLC US USD 20. Dec 2007
DB P1A Common Shares Deutsche Boerse AG DE EUR 20. Dec 2007
Number of employees
Current staff
Staff numbers
0
iMining Blockchain and Cryptocurrency employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:14
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/01/25
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/05/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.