Envoy Group Corp (OTCMKTS:ENVV) was a big winner for us during July, with the company running from less than three cents a share to just below a dollar apiece across a three week period. Subsequent to these highs, however, and on the back of a Caveat Emptor warning from OTC Markets, Envoy gave back a large portion of its strength and currently trades in around $0.24. Over the coming few weeks, a number of events could pull together to get this stock running back towards highs and potentially beyond, meaning current prices could be a great opportunity to buy the dip and pick up an exposure to any near-term appreciation ahead of it taking place. ENVVFor those not familiar with this company, Envoy is a bitcoin company that is working to develop operations across a pretty wide spectrum of blockchain related systems. That's the blurb, at least. Right now, the primary operational activity is rooted in a bitcoin mining facility in British Columbia. As per our most recent coverage, there are around 500 mining systems set up at this facility, which the company purchased using the proceeds of a short term loan midyear.One of the most recent announcements, and one that we are looking at as potentially serving as one of the above-mentioned drivers, relates to this facility. Specifically, the company has implemented a new operating system that allows for the remote (or at least, central) control of its mining devices. Not only this, but it also allows the devices to switch from one currency to another depending on profitability.For those not familiar with the cryptocurrency space, this mining of currencies is rooted in the processing of transactions associated with currency in question. If people buy things with bitcoin, the transaction needs processing and it is the miners that do the processing. As a reward for doing so, they receive a predetermined amount of bitcoin. The same applies for other crypto currencies like Ethereum and Dash. The profitability (i.e. the amount of cryptocurrency received as a reward) varies from currency to currency and from time to time.What Envoy told markets with its latest press release is that the operating system that is now in place at its British Columbia facility is able to detect varying degrees of profitability between cryptocurrencies and switch to focus the processing power of all or a portion of its miner devices towards the processing of the most profitable currency. Not only this, but a central processing system allows for a dramatic reduction in the workforce associated with these sorts of facilities. That's a strong cost-saving effort for a company – that right now – needs to save as much money as possible.So what are the catalysts that we alluded to above?The first is an earnings release set to hit press tomorrow. The company delayed release a bit because of its new operating system implementation and the impact that this had on earnings, and management has reported that August 15 is the target date for rectification of the delay.The second is a review of the caveat emptor listing, which is scheduled for the week of the 21st of August, which is next week. The lifting of an exchange issued warning will automatically attract a degree of speculative volume and, if the company can put out some decent numbers tomorrow, the impact of said volume should be compounded into a fairly substantial run.Finally, we're looking for any news on what the company describes as a new operational effort to provide turnkey cryptocurrency mining facilities to buyers. With the operating system described above, any turnkey facilities would have a relatively large competitive advantage over peer facilities of the same type and we think this is a decent avenue for growth for Envoy going forward.Keep in mind that there is always the potential for dilution at this end of the market. We are going to be watching earnings closely (and specifically, cash balance) tomorrow to gauge just how much of a risk this is right now.Check out our previous coverage of this one here. We will be updating our subscribers as soon as we know more. For the latest updates on ENVV, sign up below!Image courtesy of BTC Keychain via FlickrDisclosure: We have no position in ENVV and have not been compensated for this article.