Saturday, July 13, 2019 11:30:02 PM
DC comics went after them over the "cryptanite" name so instead of trying to fight it, they will be rebranding... They released the app at a very bad time for the sector so i see it as a benefit to relaunch it now, likely with improvements, etc. The news should help the stock now that money is starting to come into the sector, looking for the better cryptos to enter. Most are nasty looking, so CRBTF will benefit just by being proactive.
Also, it appears that they have been in a quiet period because of the DC issue, but now that the plan to rebrand has been agreed upon by both parties, they are ready to start releasing news again... They had to be careful because every time they used the "cryptanite" name they could've been forced to pay DC... but they have agreed to terms, so its cool now.
This mess hurt the share price, but its to the current buyers benefit. Its way oversold.
App for iphone: https://apps.apple.com/us/app/cryptanite/id1373703622
For android: https://play.google.com/store/apps/details?id=com.cryptanite.customer&hl=en_US
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