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NetNinja

01/02/18 3:47 PM

#29154 RE: dlo_co #29153

Ugg, another me too crypto story. I bet all their buddies were tipped off about this announcement.

Here are some real details.

Chanticleer expects to roll out the technology across all of its restaurant brands before the end of 2018.

An important bit of context here is that Chanticleer is not a particularly valuable company—even after the recent jump. On Friday, the company's market capitalization was around $8 million. The blockchain announcement pushed it up to $12 million. In a world where all dogecoins in circulation are worth around $1 billion, Chanticleer Holdings is a small fish. So it doesn't take much to make its stock soar.