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Bluesky Digital Assets Corp C.BTC

Alternate Symbol(s):  C.BTC.PR.A | BTCWF

Bluesky Digital Assets Corp. is a Canada-based digital currency company. The Company operates through digital asset mining. The Company utilizes specialized equipment to solve computational problems to validate transactions on the bitcoin blockchain. The Company mines digital currencies, such as Bitcoin and Ether. The Company is also developing technology services for the digital currency market, such as digital mining software and applications. The Company uses a combination of graphics processing unit (GPU) and application-specific integrated circuit (ASIC) miners.


CSE:BTC - Post by User

Comment by KozmoTon Nov 25, 2020 7:32pm
94 Views
Post# 31975493

RE:RE:and down near the bottom of the NR ...

RE:RE:and down near the bottom of the NR ...Well, think about it - they applied for shareprice protection AT 9 CENTS !! but the shares are trading at 17 cents. That tells me they are comically overvalued at 17 cents and once people clue in they'll try desperately to sell and get out but won't be able to cause there'll be nobody wanting to buy this garbage stock.

As for their whole bitcoin scheme - look at the financial statements. They made roughly only $182K in revenue but it cost them $172 so they made a profit of ... only $10K  But for the same period they paid themselves $121K in "Management Fees" (just for three months!!)

See how that works?

"Due to the lack of demand for the Corporation’s Rights Offering, the Corporation applied for, and received, a price protection of $0.09 CDN from the CSE on November 16th, 2020 which the price protection has been applied to the Corporation’s current private placement offering"
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