You gotta give the guy a little credit. It's a unique idea. I am not aware of any other companies in the same space. It is SUPER risky, and stock swaps with Blockchain companies are totally unproven and likely hit or miss. Then, even if one of them becomes huge, there's the risk of that Blockchain being hacked and the company loses everything overnight. But if one of MBLC's partners becomes the next Bitcoin, it's arguably not a bad gamble...IF the appropriate steps are taken to protect the given blockchain from hackers.
He's basically playing Roulette with each company his partners with, and not spending any money to do it. Each one is a coin flip. He's taking advantage of the decent share structure of the shell he bought. At least he is actually doing something novel and potentially profitable. That's a BIG "potentially," but at least he's not simply diluting and dumping shares like most garbage pink sheet CEOs. Let's see what happens. I'm definitely following this with dry powder.
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