ATLEF- Atlas Cloud Enterprises Inc
The year is now 2019 and crypto stocks have cooled down a little but does that just mean the company were a scam or the phase is over or do companies like ATLEF have a real future? In are opinion Crypto and cloud computing is still going to play a huge role in our future. The question is are publicly traded companies planning to be apart of that future or are they just trying to sell shares and make money by fooling investors? Make sure you check out our weekly watchlist for the best penny stocks to buy every month.
A little about the company
Atlas Cloud Enterprises Inc. has the ticker symbol as ATELF. The company has its headquarters in Vancouver and aims at becoming a technical giant with supreme cryptocurrency mining in Northern America.
The company provides colocation, cloud computing, telecom equipment, back-up IT services to small to mid-sized businesses in Canada. The concept is majorly for the small startup companies (or a bit higher in range) to offer a dedicated space to begin a business. It could be the provision of high- speed internet services, relevant workshops, office infrastructure, chairs, desks and other utilities of new companies to grow in their technological field.
Frederick W. Stearman is the President, CEO & Director of Atlas Cloud Enterprises Inc. since the year 2014. He has already performed excellently in his career (from 1983) and is considered as the major promoter for the investors to trust the management of this company. One more reason for the strengthened position of the company is that it owns its properties and facilities. The asset value is on the higher side which gives an upper edge to the organization.
52-week range of ATLEF is $0.08 – 1.49. Atlas Cloud works with the innovative concepts and valued partnerships to earn the required revenues. The technological hub brings every useful concept for the prospective clients to get the most used models. The success formula is to give the cheapest deals to the world with the best facilities with excellence in operations. The company is aiming to become the prime crypto-currency mining and technological hubs. The strategies followed by the higher management are quite realistic and ideal for the appropriate growth level.
The technology is complicated with the idealistic approach making it as simple. Atlas Cloud takes initiatives to become the best blockchain (it enables users to pay money directly and securely from one place to the other, without the assistance of any bank or other sources.
4 Factors making the company a strong choice:
- Cheapest power: Atlas has an access to electricity at 0.03/kWh which is one of the cheapest power values at the global level. It has the futuristic approach of becoming one of the most profitable mining operations in NA region.
- Growth Platform: Atlas has projections of excelling organically with low power sources in the data centers.
- Proprietary facility: Atlas has the major strength of owning many assets in their inventory. The company owns many prime locations for its data centers and inventories.
- Jurisdiction: There are many giant companies having jurisdiction over Washington State due to economic, political and social stability. This is a major sector for the people who require technology and value it to the greatest level.
It is anticipated that Atlas Cloud Enterprise Inc. will gain stability in the times to come with its associated companies and organic re-investment strategies. Atlas has the positive edge with the low-cost scalability and excellent infrastructure of the properties makes it an appropriate choice for the investors looking for the business solutions with flexibility and stability.