Replies to post #1593 on Sterling Consolidated Corp (STCC)

[Jerm17]

I been watching this company a long time and like the business overall, but I’m still questioning the crypto side of things.

First of all they said that dividend was gonna be ready last fall. Then it got pushed back a year, which is ok if they underestimated what it takes to actually build a new crypto.

But coming from someone who plays stocks and cryptos, they are trying to build something that already exists. It would save them a ton of time and money just implementing a solution that is already available like VeChain. It is ideal for what they are looking to do.

I mean how do they even expect to pay this DiMO dividend to shareholders? They can’t just pay it into our regular stock accounts. They have to make sure every investor has the correct wallet set up to hold the crypto in. And then getting every shareholder’s wallet address is another hurdle on its own. Most people I talk to who invest in stocks have no idea what a crypto wallet even is or how to go about setting one up. Granted there are probably a few here who already have one, but I’d bet most STCC shareholders would be clueless on the subject.

If anyone from STCC is reading, look into VeChain Toolchain. You would be selling O rings on the blockchain in under an hour for a fraction of what you will spend reinventing the wheel.