From the Management Q & A report issued on 6/14 covering the 1st qtr:
"The Company reported working capital of $3,354,767 at March 31, 2018 compared to working capital of $1,677,296 at December 31, 2017, representing an increase in working capital of $1,677,471"
Issued – common shares: 56,471,844 (includes 13,236,450 in escrow shares)
Stock Options – 620,000 options
Warrants – 2,184,299 warrants
Cryptanite.com is an app which can be found on both Apple and Android stores.
Product:
Cryptanite’s platform currently offers six innovative products designed to leverage blockchain technologies:
Cryptanite Mobile App
The Cryptanite mobile app is a mega-app ecosystem featuring apps within an app and allowing users buy, store, invest and spend cryptocurrencies as well as access experts and chat with the Cryptanite blockchain community — all through one simple app. The app is available in the Apple and Google Play stores. The apps within the Cryptanite mega-app include the follow applications:
App.1: Cryptanite Wallet
The Cryptanite Wallet is one of several apps within the Cryptanite mega-app ecosystem. The Wallet makes it easy for users to invest in diversified baskets of top performing cryptocurrencies. Benefits include low transaction fees, cool UX and easy account set up. The Cryptanite Wallet includes a variety of pre-configured baskets for cryptocurrency buyers and investors such as HODL, HOOD and BASE, as well as the option to create customized baskets of up to five cryptocurrencies. The Wallet is designed to provide a secure, easy to-use and frictionless process to buy, invest and store a diversified collection of more than 20 of the top cryptocurrencies,
including bitcoin, ethereum, ripple, stellar and dash.
App.2: Cryptanite Expert Network (CryptaKings)
As part of the Company’s strategy to build a cryptocurrency and blockchain ecosystem, the Company has developed a beta version of its expert network called CryptaKings, which ranks the top performing cryptocurrency traders, allows other investors to track their trades and benefit from their expertise. The product will go live in Q2 2018.
App.3: Cryptanite Decentralized Exchange (CryptaBank)
Cryptanite is developing another app within the mega-app ecosystem, a type of decentralized exchange platform that allows users to store and transfer cryptocurrency from one user to another anywhere in the world. The MVP will be ready in Q2 2018.
App.4: Cryptanite Payments (CryptaPay)
Cryptanite has developed a payments app that makes it easy for users to spend their cryptocurrencies at retail locations. The app is currently in beta.
I'm not trying to be critical but you might want to fine tune your Due Diligence Skill Set.
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