CryptoStar Corp V.CSTR

Alternate Symbol(s): CSTXF

Technology Information Technology Services

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.

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CryptoStar Corp

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Comment by MadmanXon Nov 30, 2016 2:12pm

101 Views

Post# 25535435

RE:RE:RE:RE:RE:NO REAL VALUE

IMO, people bought into the Samsung hype anticipating that we would get some sort of follow-up NR with details on the partnership...which never came.
What I find interesting here and it was mentioned a few times is the 4M financing with ACG. You don't just get a company to want to loan you $$$ if they don't see a benefit in the end.
Also, they showed 39K revenues I believe with 88K that was billed but which hasn't yet to be received. So wouldn't that make approx. 130K in revenues?
ALl said and done, this won't budge until we get some sort of NR in regards to the Panasonic and Samsung partnership and some type of forecasting on securing sales and so on.
Cheers,

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