{"id":40799,"date":"2018-04-23T11:45:11","date_gmt":"2018-04-23T15:45:11","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=40799"},"modified":"2018-04-23T11:45:11","modified_gmt":"2018-04-23T15:45:11","slug":"atlas-cloud-inc-otcmktsatlef-beefs-management-adds-bitcoin-vet-charlie-kiser-to-ceo-slot","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/atlas-cloud-inc-otcmktsatlef-beefs-management-adds-bitcoin-vet-charlie-kiser-to-ceo-slot-40799","title":{"rendered":"Atlas Cloud Inc (OTCMKTS:ATLEF) Beefs Management, Adds Bitcoin Vet Charlie Kiser to CEO Slot"},"content":{"rendered":"<p><a href=\"http:\/\/www.atlascloud.ca\/\">Atlas Cloud Enterprises Inc<\/a>. <strong>(CSE: AKE) (XFRA:A49) (OTC:ATLEF)<\/strong> added to its management recently with the appointment of Charlie Kiser to the CEO slot, replacing founder Fred Stearman who was appointed COO.<\/p>\n<p>The shift in Officers that placed Kiser in the top role was due to his background as a pioneer and advocate of bitcoin and cryptocurrency.<\/p>\n<p>With <a href=\"https:\/\/atlascloud.ca\/atlas-cloud-appoints-blockchain-veteran-charlie-kiser-as-ceo\/\">Kiser\u2019s appointment<\/a> Atlas Cloud <strong>(CSE:AKE, OTC:ATLEF) <\/strong>now has three top blockchain entrepreneurs in key positions, which includes another blockchain\/bitcoin veteran, Mathew McKibbon, who holds the position of Chief Blockchain Officer, a newly created officers\u2019 role in a tech company.\u00a0\u00a0 McKibbon co-founded D10e, the world\u2019s leading conference on decentralized technologies, philosophies and social organization.\u00a0 He is a renowned and prolific blockchain evangelist since 2013.\u00a0 The third blockchain vet is Tim Lewis, CTO.\u00a0 Lewis has 20 years of corporate infrastructure\/security\/application design and development experience. Core competencies include blockchain\/trust-layer\/security application development, data center, network, system, security, communications design, development, and deployment. A committed bitcoin advocate since inception.<\/p>\n<p>The three Officers combined carry perhaps the strongest experience in blockchain development that may prove to be valuable to shareholders in the near-term.<\/p>\n<p>Kiser recognized and advocated for the disruptive potential of cryptocurrencies and blockchain in 2014 when he helped take the first pure-play bitcoin and blockchain company public in North America. As the earliest public crypto company, they leveraged both an operational and holding company strategy, investing in 4 crypto start-ups; GoCoin, covering payment processing; Coin Outlet, a bitcoin ATM and distribution network; Gem, a multi factor authentication wallet, and Expresscoin, a retail cryptocurrency outlet. The company built out one of the largest eCommerce platforms that accepted digital currencies, and ultimately moved into the emerging industrial cryptocurrency mining space.<\/p>\n<p>During his tenure at the company, Kiser developed a marketing strategy for eCommerce and Digital Currency products, as well as a framework to help acquire cryptocurrency mining equipment through a grassroots acquisition program. He supported two additional rounds of capital investment and led the marketing strategy for the initial launch of a dedicated cryptocurrency mining facility.<\/p>\n<p>Atlas Cloud <strong>(CSE: AKE, OTC: ATLEF)<\/strong> recently completed a <a href=\"https:\/\/atlascloud.ca\/atlas-cloud-closes-first-tranche-private-placement-units-grants-stock-options\/\">$14 million private placement<\/a>, acquiring a data center in Washington that utilizes an energy agreement from the nearby Bonneville Power Plant at a cost of $0.03 per Mwh \u2013 one of the lowest energy rates in the World.\u00a0\u00a0 The Datacenter will house 1700 Application Specific Integrated Circuit (ASIC) mining servers, or Antminer S9\u2019s.\u00a0 Antiminer S9 is considered to be the most powerful, power-efficient, and first-ever consumer grade bitcoin miner in the world.\u00a0 Atlas Cloud <a href=\"https:\/\/atlascloud.ca\/atlas-cloud-provides-details-1000-bitcoin-miner-acquisition\/\">bought 1,000 Antiminer S9s<\/a> out of its cash position and owns the datacenter outright.\u00a0 The second phase of development would bring the bitcoin miner count to 1700, which includes expanding its power capacity from 3MW to 5MW, slated for completion in 2019.<\/p>\n<p>The data center <a href=\"https:\/\/atlascloud.ca\/atlas-closes-acquisition-bitcoin-mining-facility\/\">was acquired<\/a> on March 15, 2018 for $300,000.\u00a0\u00a0 According to AKE\/ATLEF an additional $2,600,000 will be invested on infrastructure costs and related expenses aimed at completing the data center.<\/p>\n<p>Recently, Atlas Cloud released a <a href=\"https:\/\/atlascloud.ca\/atlas-cloud-provides-infrastructure-update-for-5-0-mw-bitcoin-mining-facility\/\">progress report<\/a> on the bitcoin mining facility that stated that electrical and mechanical contractors are onsite, and the project is proceeding as planned.\u00a0\u00a0 The bitcoin mining center is expected to commence operations utilizing 80% of the currently dedicated 3.0 MW of available power with a potential to host up to 1,700 ASIC S9 Antminer machines.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atlas Cloud Enterprises Inc. (CSE: AKE) (XFRA:A49) (OTC:ATLEF) added to its management recently with the appointment of Charlie Kiser to the CEO slot, replacing founder [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":40695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[13144,13146,13145],"stock_ticker":[],"class_list":["post-40799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-atlas-cloud-enterprises-inc-cseake","tag-cseake","tag-xfraa49-otcmktsatlef","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Atlas Cloud Inc (OTCMKTS:ATLEF) Beefs Management, Adds Bitcoin Vet Charlie Kiser to CEO Slot - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/atlas-cloud-inc-otcmktsatlef-beefs-management-adds-bitcoin-vet-charlie-kiser-to-ceo-slot-40799\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlas Cloud Inc (OTCMKTS:ATLEF) Beefs Management, Adds Bitcoin Vet Charlie Kiser to CEO Slot - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Atlas Cloud Enterprises Inc. 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