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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
Post by Haze028on Feb 21, 2017 5:46am
193 Views
Post# 25870979

Question

Question
I am new to investing, not quite 1 Year in yet, so bare with me... Why would the CEO and president step down? If you were the CEO/Pres of a company you truly believed was dead in the water, why would you stop getting your salary from them? If it was me in that position I'd be getting what money I could while the company was afloat. To me, and please correct me, this would seem like they think that saving the company from paying their salary could help to save the company.... I'm probably thinking too optimisticly as this is my first potential loss since I've started.
Bullboard Posts