Company Puissant Industries, Inc.

Equities

PSSS

US74535W1080

Oil & Gas Exploration and Production

Market Closed - OTC Markets 15:22:13 2024-06-06 EDT 5-day change 1st Jan Change
0.04 USD -28.57% Intraday chart for Puissant Industries, Inc. -45.95% -41.18%

Business Summary

Puissant Industries, Inc. is engaged in the business of natural gas development and cryptocurrency mining. The Company has oil and gas exploration and development activities in fractured shale formations located in Eastern Kentucky on the onshore United States. The Company holds approximately 39 wells covering an area of over 4685 , 440 developed acres, and 2740 undeveloped acres located in Clay and Laurel Counties. It also holds oil and gas interest to Raccoon Mountain Field in Clay and Laurel Countries, Kentucky, and owns 100% working interest to 21 wells and 17.79 miles of natural gas pipeline, including one compressor station and sales connection. The Company's wholly owned subsidiary, American Crypto Mining, Inc., is engaged in the business of mining of Bitcoin, Litecoin and other cryptocurrencies using blockchain and crypto technologies, via its cryptocurrency farms.

Number of employees: 3

Sales per Business

USD in Million2022Weight2023Weight Delta
Crypto Mining
100.0 %
0 25.4 % 0 100.0 % +285.73%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
0 100.0 % 0 100.0 % -1.86%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 26,935,047 5,839,509 ( 21.68 %) 0 21.68 %

Company contact information

Puissant Industries, Inc.

480 Lexington Road Suite 12

40741-2625, Versailles

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http://www.psss.co
address Puissant Industries, Inc.(PSSS)
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