CryptoGlobal Corp - Ordinary Shares CYXTF

"CryptoGlobal Corp is a Canadian based company engages in the provision of cryptocurrency and blockchain technology services. It solves complex computational problems to validate transactions on the blockchain using a specialized equipment. It mines a portfolio of cryptocurrencies, including Bitcoin, Dash, Ethereum, and Litecoin. The company operates in one industry and geographic segment; the Digital Currency mining industry with all current mining activities conducted in Canada."

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CryptoGlobal Corp - Ordinary Shares > like to see $.50

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Comment by Baller23on Feb 28, 2018 1:24am

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Post# 27633972

RE:RE:RE:like to see $.50

I actually interpreted their PR differently. The Fair Market Value Is $1.80, hence the issuance of shares to CrpytoGlobal is based on $1.80 or BETTER on date of closing date.

Ie. $9 million at $1.80/shr = 5,000,000 shares

I have nothing in this stock, but I believe the market is reading this PR wrong. Then again, it was terribly written.

$9 million of CryptoGlobal shares on the closing date of the acquisition at a price of $1.80 per CryptoGlobal Share (the "Current FMV");