C2 Blockchain Inc (CBLO)

[Patrick Bateman]

Right. Didn't that have a huge run? He also ran Hemp Naturals. 
My guess is the company may still have a good run but will end up in the trash heap 

[Slojab]

It's ELEK you're maybe thinking of. If you put "Jacobson" into the search bucket for 2021, you'll see what was posted about him when he first came on board.

[Patrick Bateman]

That's definitely not his complete history. 

[Slojab]

No.

https://www.linkedin.com/in/levi-jacobson-7082252a0/

[Patrick Bateman]

Didn't Jacobson run another ridiculous company that nevertheless, had a great run?

[splintered sunlight]

Yup

Thanks for the advice!!!!!!!

[Slojab]

You missed the top at $.18. You have to be a little more patient. 😉

[splintered sunlight]

Dude I sold at 0.15.

Unreal.

Wish I had sold all of it.

[splintered sunlight]

Maybe they have to release the 8K....

I agree.

[Slojab]

I don't know why that would be. All it did was reiterate what the company already released by way of the pr they put out a few days ago. Frankly, I didn't see the point in putting out the 8-K at all.

[splintered sunlight]

They didn't seem to like today's filing...........

[splintered sunlight]

Same

They don't seem to have legs anymore......

[Patrick Bateman]

That was fun while it lasted. 
Wish I sold more on the spike 

[splintered sunlight]

So do I!!!!!

[Slojab]

Apparently, the market likes the news.

[Patrick Bateman]

Looking good!

[splintered sunlight]

Gotcha

Hopefully they can move this up a tad and make it worthwhile for all of us.

Thanks

[Slojab]

The typical holding period for restricted stock is one year. But this being the OTC, you can't count on that 100%. Sometimes, it's just 6 months.

[splintered sunlight]

Thanks

Any idea what the holding period is?

Thanks again

[Slojab]

That satisfies the 8-K from last week.

On February 20, 2025, Avrohom David Friesel, with an address of 1 Roosevelt Ave, Spring Valley, NY 10977, was issued 1,000,000 restricted common shares at a price of $0.04 per share. The securities were sold in a private placement to the foregoing accredited investor, as defined in Rule 501 of Regulation D. No commissions were payable in connection with this transaction. The proceeds from this offering will be used for general corporate purposes and working capital.

[splintered sunlight]

Form D - Notice of an Exempt Offering of Securities.....

[Patrick Bateman]

They're doing a lousy job 

[Slojab]

I haven't come across a paid promotion for an OTC ticker in a long time. I was almost thinking the SEC had done away with them.

AllPennyStocks.com has been compensated twenty five thousand dollars by the company for its efforts in presenting the CBLO profile on its web site and distributing it to its database of subscribers as well as other services.

[Slojab]

There's not much to follow here as a company. Mainly, it's been nothing but a ticker for quite some time. I first started warning people here back in 2008 when it was AEMC, which was run by a real pos, Shayne Heffernan. Google him. He's infamous.

In 2022 he finally left and there have been a lot of changes of control here but not one penny of revenue was ever realized, as there has never been a real company behind the ticker. Hopefully, that changes with the new management. Good luck.

[barnyarddog]

1.5 k shares here. Just watching for green. Not really following company.

GLTA..

Be HUMBLE with these pinkies.

[Slojab]

Is Coinedge currently operational?
-
CoinEdge is not operational yet, but we’re actively building a secure and seamless Bitcoin lending platform. Our goal is to provide a trusted solution for Bitcoin holders to access cash while keeping their assets safe. We plan to go live in the second half of 2026.

That's more than a year away. And that's if they can meet that proposed schedule.

[barnyarddog]

C2 Blockchain and CoinEdge Partner to Launch Next-Generation Crypto Lending Platform

MIAMI BEACH, FL / ACCESS Newswire / March 12, 2025 / C2 Blockchain, Inc. (OTC PINK:CBLO) a leader in blockchain innovation, has partnered with CoinEdge (CoinEdge.io), a fast-growing cryptocurrency financial services provider, to launch a next-generation crypto lending platform. This joint venture aims to redefine digital asset-backed lending, offering users a seamless way to access liquidity without selling their crypto.

https://www.otcmarkets.com/stock/CBLO/news/story?e&id=3172504

[Slojab]

Yeah, there's no rush to enter because they haven't as yet put out anything to get anyone excited enough to buy. Their financial reports certainly don't contain anything of interest.

[Patrick Bateman]

No rush to enter but someone is, and has been, trying to buy. 

[Slojab]

You left out the second sentence in that pr.

The company is planning to purchase over 100,000 ADA coins starting next week as part of this initiative, with a long-term goal of accumulating 1 million ADA coins.

And how do they expect to buy those coins with the cash they have on hand?

Cash and cash equivalents $20

[trader_ron]

$CBLO - C2 Blockchain Inc. Announces Strategic Investment in Cardano (ADA) C2 Blockchain Launches Cardano Investment with an Initial Purchase of 100,000 ADA Coins https://www.otcmarkets.com/stock/CBLO/news/story?e&id=3146064

[trader_ron]

$CBLO C2 Blockchain Inc. Adopts MicroStrategy-Style Investment Strategy with Ethereum, Reinvesting Mining Profits to Expand Reserves #blockchain #mining #AI #Bitcoin #investment
https://www.otcmarkets.com/stock/CBLO/news/story?e&id=3127425

[Slojab]

There's one very obvious flaw in this statement.

C2 Blockchain is taking a pioneering approach by focusing on Ethereum and reinvesting profits from its cryptocurrency mining operations to systematically grow its ETH reserves.

It has no profits to "reinvest". In fact, it has no revenue in order to create profits because they don't have any mining operations.

Also, gaining approval to raise money through a public offering is just that. Attracting investor's attention to participate in the offering is something else entirely.

[rstar]

https://feeds.issuerdirect.com/news-release.html?newsid=5136957431862687
February 5, 2025 8:00 AM
C2 Blockchain Inc. Adopts MicroStrategy-Style Investment Strategy with Ethereum, Reinvesting Mining Profits to Expand Reserves
MIAMI BEACH, FL / ACCESS Newswire / February 5, 2025 / C2 Blockchain Inc. (OTC PINK:CBLO), a forward thinking leader in the blockchain and cryptocurrency sector, has announced a long-term investment strategy to acquire and hold Ethereum (ETH) as a core corporate asset. Inspired by MicroStrategy's Bitcoin accumulation model, C2 Blockchain is taking a pioneering approach by focusing on Ethereum and reinvesting profits from its cryptocurrency mining operations to systematically grow its ETH reserves.

A Strategic Bet on Ethereum

Ethereum, the world's second-largest cryptocurrency by market capitalization, is widely regarded as the backbone of the decentralized economy. Its ecosystem powers smart contracts, decentralized finance (DeFi), non-fungible tokens (NFTs), and enterprise blockchain solutions.

"Ethereum represents more than just a digital asset-it is the foundation of Web3 and the next wave of technological innovation," said Levi Jacobson, CEO of C2 Blockchain Inc. "By accumulating ETH, we are not only diversifying our corporate treasury but also actively investing in the infrastructure of the decentralized future."

Unlike Bitcoin, which is largely seen as a store of value, Ethereum offers unique utility through its programmability, smart contract capabilities, and transition to a more energy-efficient proof-of-stake (PoS) consensus mechanism.

Reinvesting Mining Profits for Long-Term Growth

A key element of C2 Blockchain's strategy is the reinvestment of its cryptocurrency mining profits to purchase additional Ethereum. Rather than liquidating mined assets into fiat currency, the company will allocate a substantial portion of its mining proceeds to steadily expand its ETH holdings.

This reinvestment model ensures a self-sustaining treasury strategy, allowing the company to increase its Ethereum reserves without relying solely on corporate cash reserves or external financing.

"We believe in Ethereum's long-term value, and by reinvesting our mining revenue, we are building a compounding asset base that strengthens our financial position over time," Jacobson added.

Positioning Ethereum as a Corporate Treasury Asset

C2 Blockchain's move reflects the growing institutional interest in Ethereum. Leading financial firms, including Fidelity, JPMorgan, and BlackRock, have shown increasing confidence in Ethereum-based products, and the potential approval of spot Ethereum ETFs could further legitimize ETH as a corporate investment asset.

By adopting this long-term accumulation strategy, C2 Blockchain Inc. aims to set a precedent for other corporations looking to integrate Ethereum into their treasury management.

Looking Ahead

C2 Blockchain's strategy signals a significant shift in how businesses approach cryptocurrency investments. While Bitcoin has dominated corporate adoption in recent years, Ethereum's evolving ecosystem offers compelling reasons for companies to consider it as a strategic reserve asset.

"Our commitment is not just to hold Ethereum but to actively participate in its ecosystem. We see ETH as a cornerstone of the future economy and are excited to play a role in its growth," Jacobson concluded.

As C2 Blockchain Inc. continues to execute its Ethereum-first investment approach, the company is positioning itself at the forefront of corporate cryptocurrency adoption, potentially setting a new industry standard for blockchain-focused treasury management.

About C2 Blockchain Inc.

C2 Blockchain Inc. is a blockchain and cryptocurrency investment company focused on strategic digital asset accumulation, mining operations, and Web3 adoption. By leveraging innovative investment models, C2 Blockchain aims to drive institutional cryptocurrency adoption and build long-term value in the decentralized economy.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:
C2 Blockchain Inc.
IR and Media Inquiries
Email: [e-mail]

SOURCE: C2 Blockchain Inc



View the original press release on ACCESS Newswire

[Patrick Bateman]

I saw somewhere that he's gonna employ for Microstrategy strategy here but with ETH. 

Still someone is trying to buy. Very illiquid tho 

[Slojab]

Q is out. More of the same. Nothing.

I don't know how Jacobson can say this.

"The results for the three months ended December 31, 2024 are not necessarily indicative of the results of operations for the full year."

[trader_ron]

OTC MARKETS: $CBLO -Merging Power with Possibilities, Fueling Success and Rapid Growth in Bitcoin Mining Operations
https://c2blockchain.com/

[splintered sunlight]

The only hope...

[Slojab]

Either way, it won't take long to find out.

[Patrick Bateman]

I'm guessing it's either someone trying to make it seem like there's interest or someone speculating about their news about bitcoin mining (the OTC is all about dreaming of a winning lotto ticket)

[Slojab]

Why anyone would buy this ticker is beyond my understanding. The filings that have been reported are certainly no reason for anyone to have interest here. Less than $600 is what propelled the stock above $.036 which itself, would have been a very small increase from yesterday's close of $.034.

.

[Patrick Bateman]

Not arguing with you but someone buying. Maybe just to appear interest?

[Slojab]

It's hard to fathom that this trades where it does. It's clearly a shell with no recorded revenue in it's 3 1/2 year history and as of last report, has no cash, instead relying on the CEO to provide the cash to keep it SEC reporting and to pay OTC Market its fees.

And Jacobson believes accredited investors are going to give him millions to see his plan through?

C2 Blockchain, Inc. has no material operations at this time but has a definitive business plan to become a bitcoin mining company. We plan to buy real estate in the state of Georgia and construct a warehouse for hosting a data center to include an undetermined certain number of application specific integrated circuit miners (“ASICs”). The number of ASIC’s we may purchase in the future will depend upon our future financial condition

At best, this should be trading around $.002 which would give it a MC of $500,000. The only good thing about this ticker is that it's already SEC reporting. Someone could take over the ticker at the current sp and maybe with a good management group and a good plan keep the sp where it is or even cause it to run. That's the only hope I see for shareholders here.

[splintered sunlight]

Thanks for the reply.

$.15, LMAO.

A penny won't even work.

Cancel the offering and sell the shell......

[Slojab]

No, it can't. But then, CBLO has never been a good thing. Even at $.01, it's way overpriced, with what would be a MC of $2.5M. It's a shell looking for someone to give them millions of dollars to enter an already saturated market with a CEO that has no experience in it.

Remember the 1/A of 2023? And the 5 subsequent amendments to it?

https://www.otcmarkets.com/filing/html?id=18058566&guid=VV0-kKqdzRHgh3h

No one bit on that offering. At $.15, why would anyone?

[splintered sunlight]

https://ih.advfn.com/stock-market/USOTC/c2-blockchain-pk-CBLO/stock-news/95331677/form-253g2

This can't be a good thing....

A penny?

[Slojab]

I doubt there is one. Look at the one-year chart. Today's spike isn't unusual. Take away the 10,000 share trade at .028, which is only $280 and it would go unnoticed.

[Patrick Bateman]

What's the good word here?

[Slojab]

It's no wonder. Have you read the latest Q filing?

https://www.otcmarkets.com/filing/html?id=17945233&guid=uRY-kqtMGqikdth

[ctsk8r]

No interest here with BTC hitting record highs...