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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 guildwood1on Dec 07, 2016 10:51am
51 Views
Post# 25565596

RE:RE:RE:RE:RE:RE:RE:RE:I almost like the silence

RE:RE:RE:RE:RE:RE:RE:RE:I almost like the silence

New product, new partners, new company, new age. Time will tell. 

There is undoubtedly a massive market for EduTech we just have yet to see if EXO will be among the champs.  Samsung aligning themselves along side Ormiboard is at the very least a vote of confidence. Now can they implement and hit the road running is the question. At 5cts risk vs reward potential should be quite clear however id imagine this stock is very much in a current state of wait and see.

I assume today is just some impatient hands which is to be expected with over expectations and illusions of grandeur not being met.  I would not be surprised if this was on many peoples radar looking for even a shred of indication.  With the credit facility confirmation not far off at least we will soon know if theyve secured the money to potentially pull it all off.  Im in.

 

Zhantao wrote:

Guibson wrote: They change the board since this event. I hope the new board will be better to bring their technologies successfully on time and stable.


I hope so as well.  Unfortunately, this stock is all based on "hope" and no real positive track record here.    This stock was trading in the dollars, and that was BEFORE many of the current partnerships (Panasonic, Samsung among other ones), and BEFORE these lukewarm financials that were just released.  

Now, with partnerships with giants such as Panasonic, Samsung, and smaller partnerships, the stock is trading at its worst level.  From the dollars, down to 5.5 cents.  This is AFTER the partnerships, AFTER the financials.  What does that say?

It's definitely a poor performing stock.     Hopefully management can bring their technologies successfully as you say.  If they do, I wouldn't count on this trading in the dollars ever again, but perhaps 15-30 cent range?  Just a guess of course.


Bullboard Posts