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Lol this guys parents were brother and sister. Hes the product of an incestual relationship so cut him some slack.
What time will the financials be released?
not quite sure you understand how mining works and the ramifications if bitcoin keeps on rising. Not even sure you understand the significance of owning a portion of coinsquare.io...in addition to other blockchain plays.
Conflicted on whether to just hold or sell some? I've done some of my own DD and I believe it is a legitimate company. They have ownership stakes in coinsquare.io which is the 2nd largest crypto exchange in Canada and a company called Tess which is working on an ownership verification process via blockchain. I like both. One or both of these investments was done through the issuance of stock (convertible preferred), but the conversion stipulations are favorable and limit the amount that can be converted at 1 time. They also invested in 1200 Bitmain mining machines which, if bitcoin can keep rising, can provide a source of/stable cash flow. Their cash position is also not bad and they just brought on an advisor that has experience in growing companies (was the CEO of Invesco Capital ~ $12b company) in addition to changing up overall management. The company just switched from being a biotech to a blockchain company which makes some feel like they just added the word "blockchain" to their name to get attention. They also gave the previous CEO an decent severance package and the new CEO was issued 344,000 shares via stock options exercisable at $10 (I think). Overall, I think they're making some good moves and the company has a low share float which can be contributing to this run. HOLD (or HODL)
This means nothing and carries 0 value.
buy back at .02
As of now, it's a pump. Company is in a bad financial situation and has been diluting shareholders. The price, however, is correlated with the rise in BTC and mainstream awreness. Trade on human psychology here. But if you're holding this for long term, you are in trouble. The company does own a 10 percent stake in bitcoin technology corp and has been trying to purchase an additional 20 percent as per their acquisition agreement. The company is cash starved though and issues shares as a means of payment. That's bad for you and I. The value would be in their stake of bitcoin technology corp...but it has yet to be seen. That could change, but this company may have to liquidate before any of those gains are realized. Penny stocks are penny stocks for a reason.
play smart here guys. Take profits and rebuy around .015-.02. This is not a long term hold...
took my 120% gain. Will buy back in later if makes sense.
You can ignore him if you click on his profile...I did it already
I asked them to replace this video.
Can't argue with that. As long as we know this we can profit short term always.
Im happy to see productive convos going on though. I'm no basher or hater or whatever you call it. I'm just trying to educate myself through research and discussions with people that believe.
I am heavily invested in crypto...this is different. I do agree that hype will fuel this BUT the dilution is killing us. BTC had a max supply of 21m...these guys keep issuing shares 100s of millions) to debtors like it's candy. This company has lights it needs to keep on and therefore needs money...bitcoin is not a company...
Why would I cry...I bought some shares. 10 cents is the most plausible number and likely the limit. theres hundreds of millions of warrants exercisable at 10 cents...probably should sell before then
Has anyone looked at their most recent financial report? Debt/convertible promissory notes have been issued inconceivably fast and these notes are being converted causing massive amounts of dilution (100s of millions of shares being dumped on the open market). Theres a real going concern here...only $19k in the bank and from what I read they only own 10% of Block Chain Technology. There revenues have fallen 90% and their operating at a massive loss. How is this company going to survive? I get the BTC hype but this company has some serious issues and is unproven. Who is leadership/management and why do you believe they can bring this company up from the depths?
Can you lead me to where it is please?
someone prove to me this company is actually real and not a sham...is there actual potential here or just manipulators at work. not saying it wont move up and down w/ crypto but is there real potential something can pan out for this holding company...
Dont know what to believe about this company. Im in 2.5mm shares at .0019. hoping for a nice move. Vakser looks like scum on his linkedin. That being said the company's strategy is sound and I would love to see some real steps forward.
Hoping for the best. My risk/reward is extremely favorable. Play with what you can lose. Hoping to hit this one big. lets have a good week!