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snakess

08/02/17 3:31 PM

#25749 RE: hearmeout #25748

hearme that for the reply without calling me names. the day is early.
Actually the biggest turnoff concerning this company is management. Not very seasoned and almost sounds high school. Now you can say that it is only a .01 stock ( that is the excuse. NO that is the PC mentality)
I heard one of his conference calls- he did not take questions -instead he took questions hand picked. He put numbers out and spins and spins and then spins some more. The name change never happened because there were issues, instead he made a lie about other directions.
Concerning this additional direction-Where is the money going to come from? Is he going to sell more stock @.01 and then reverse split the stock.
The pot craze and now the bitcoin gigo.
Look at all the volume today and after the initial run we will be down for the day because the smart money is leaving this childish show by management and moving to hopefully greener pastures.
The price movement on the hype, the shear volume and where it closes will
tell the whole story. 400,000,000 shares that we know about

Technicalogist

08/02/17 3:43 PM

#25750 RE: hearmeout #25748

Hearmeout it looks like what they are going to do with the new endeavor is create an online brokerage for cryptocurrencies. If they can pull it off in the right way... The profits could be substantial.

For instance in 2016 Etrade profited around 500 million from online trading. So if CryptoBuy.com could pull off even 1 percent of that with a similar business model. That'd be 5 mill in extra profits, 10 percent would be 50 mill etc etc... That's net not gross.

Let's hope they are smart enough to build a good platform that can draw traders in with top of the line charting, have attractive pricing and commisions, and can generate those kinds of numbers.

https://en.m.wikipedia.org/wiki/E-Trade