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CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three segments: self-mining, hosting and miner sales. The Company is the supplier of graphics processing unit (GPU) and Australian securities and investments commission (ASIC) miners & hosting solutions worldwide. The Company also provides equipment hosting services to customers worldwide, for which services the Company receives hosting fees, as well as sells miners to customers. The Company operates data centers in the United States and Canada. Its wholly owned subsidiaries include CryptoStar Holdings Inc., CryptoStar USA, Inc., and Neuro Digital Inc.


TSXV:CSTR - Post by User

Bullboard Posts
Comment by Park1on Dec 07, 2015 2:31pm
107 Views
Post# 24362364

RE:RE:News Release licenses software to Panasonic

RE:RE:News Release licenses software to Panasonic Isn't the sea of read with EXO. As at September 30, 2015, the Company had not yet achieved profitable operations nor positive cash flows from operating activities and has accumulated losses of $25,131,188 since inception, including the net loss of $3,359,414 for the six-month period ended as at the same date. The Company used $2,912,636 of cash from its operating activities for the six-month period ended September 30, 2015. The Company expects to continue to incur further operating losses and negative cash flows from operating activities in the development of its business, and these material uncertainties cast significant doubt upon the Companys ability to continue as a going concern.
Bullboard Posts