GREY:CCTXF - Post by User
Comment by
ctblizzardon Jan 07, 2018 8:53am
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Post# 27299946
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Keep an Eye on MZI
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Keep an Eye on MZII think this is a fair comment. But first, as far as we know it is not a brand new company. We have an advisor (means consultant pretty much) we have been trying to close a PP since November. I think when that finally closes and the new path is revealed (and possibly new management) that will make a big difference.
BTL was 70 cents when I first saw it, but it was also the first blockchain play on the Canadian exchanges. Bitcoin was the first known crypto but now there are 1500 or so. Everything has its time and in this tech world things change fast. So many companies are rushing to be "blockchain".
In a prior release Mezzi was trying to sell its purse line to Atlas Cloud for 2 million in stock. Stock was 5 cents. Last I checked it was 1.20.
Mekenix did nothing, the Cap eyewear relaunch never happened and two weeks ago we thought we were closing a tranche of the PP and the rest by the end of the year now we have no clue when it will close.
I called this one pretty much dead on over the last year. I held knowing there would be another run, sold 1/2 at 42 cents to take care of some taxes I had to pay and held half. Got out of half a bit better than even due to averaging down at 15 cents (1.5 when it hit that low before the consolidation).
I do think this will move but like with other the cost of having money tied up in this dead play has been brutal over the last few years.