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Bullboard - Stock Discussion Forum HyperBlock Inc HYBOF

HyperBlock Inc is a diversified crypto leader. The company helps individuals and businesses to create, safeguard, manage and grow crypto assets. It mines Bitcoin, Bitcoin Cash, Dash, Zcash, Litecoin, and Ethereum. The company generates its revenue through Mining-as-Service hash rate sales, hosted mining and server sales.

GREY:HYBOF - Post Discussion

HyperBlock Inc > Financials
View:
Post by stock2008 on Jul 12, 2019 12:00pm

Financials

Why is it taking so long to produce the financials?  They should be done by July 31st which is only 2 weeks away.
Comment by KingBill on Jul 12, 2019 12:56pm
That means red lights to me.  Now the management has a big loan to company.  It has happened on some other companies:  If something goes wrong with the company, debt holders get paid first before share holders.  They secure their debts by company assets such as mining machines and left nothing for us shareholders.  Then they can use those assets to start a new company ...more  
Comment by Alj1616 on Jul 18, 2019 6:17pm
Unfortunately I think you nailed it on head KingBill... this scam of a company will miss the July 31st deadline, probably delist, liquidate, and crooked Sean will take all the equipment at fire sale prices and open a private firm.  Investors left with nothing.   not even a peep out of these guys.. I know it’s the TSX-V, but there should be some business ethics...  Sell if they are ...more  
Comment by GoldBug666 on Jul 19, 2019 2:29pm
How do you kow that they will miss the July 31st deadline? The $2M dollar loan to buy equipment was from Sean Walsh himself.  He's investing in his own company with his own money.
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