eXeBlock Technology Corp C.XBLK.X

Q3 Financial on SEDAR

[YoungInvestor89]

Company is still well-capitalized with almost 0.06 / share of cash as of the end of May. Assuming their cash usage rate stays constant, they have enough cash for almost 3 more fiscal quarters, which brings them to January/February 2019. They should have approximately $1m left by the end of November, at which point revenue generation will almost certainly be occurring. NFL betting on BookiePro should be live by end of October, which would be mid-way through the season. I expect that they will be expecting the share price to be high enough to justify raising equity by late Fall/early Winter. If they plan to buy back shares, it would be only if they anticipated meaningful revenue generation sooner than my guess above. The next News Release pertaining to DApps should be a substantial one. If the stock price were to move upwards, I'd expect it to do so around the end of August. All speculative.