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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

Comment by MAZZMEXon Dec 21, 2020 11:30am
85 Views
Post# 32152736

RE:RE:This is what HAPPENS.........

RE:RE:This is what HAPPENS.........Here my reply to your "bumb up"
MAZZMEX wrote: Man, wont you just shut up!  Do you really think people want to read your krap... You should just buy in, we are just about to explode toward the moon here... give you head a shake@mrmomonologue@mrmoron
mrmomo wrote: Between a company like Marathon or Hive and one like Cyrptocrap, when you have COMPETENT & TRANSPARENT mgmt in charge. You have it in full spades in the former but SEVERELY lacking in the latter. I CANT say i didn't WARN folks this would happen! And i'll say it again, this company called Cryptocrap.....should NOT be your SOLE and/or PRIMARY expsore into the Bitcoin wave. If folks here listened to from the start......you're golden & laughing all the way to the bank, if you did not. i guess "crying" & "cursing" would be a more appropriate discription here like poor ole Otto is probably doing. BTW talking about "Where in the world is Carmen San Diego" or in this case the GREAT Otto " Von Bismark" ....he or she.....seems to have pulled a "great escape" or vanishing act and has gone MIA. Figues. But knowing people like Otto....he's probably posting under a new alias....wouldn't surpise me one bit if him & this Mazzmutt taking over the reigns as Cryptocrap PUMPER & cheerleader continuously spaming this board are one in the same.

I'll be honest with you guys though, even i called it a little off. You would have though that i gigantic euphoric wave like one being created by Bitcoin bursting past its all time high of $20K WOULD have lifted ALL boats. Even a rock bottom dweller garbage like Cryptocrap! But alas even the fantastik Mrmomo 8).....had called it totally wrong. But in my defense, at least i KNEW what was going on and also tried to warn folks before hand........But i guess NOBODY could have predicted the level of incompetency nor the devious underhanded tactics this mgmt used to further their own agenda.

So for the new folks just recently coming in here, looking for a play on Bitcoin or those thst still don't know what transpired.....i'll give a little refresher course. So why didn't the stock move like all the others? Simple reason.....massive massive stock dump for days...weeks....AND months! THAT'S WHY. Like i've said many times here, there way a massive overhang of unwanted stock of upwards of 30M+ since this summer.......just waiting on the sidelines ready to be unloaded. Since the demand wasn't there to liquidate the entire position, they has to wait until an appropriate opportune moment came. And this came when Bitcoin started it's move up from 10K. Since that point, those responsible....ie insiders in the company or close to it have dumping stock on a daily basis. Turst me folks.....there's no way ANYTHING moves when you have such a large surplus just waiting to be dumped on the open market and the company has gone dark. And this is exactly what happend!

But wait.....there's more! You thought that was it right? Wrong! I told you these guys at Cryptocrap were underhanded...didn't i? To top things off, in order to keep the stock at this level, the major s/h who is also the primary dumper who in turn is also the OWNER of the company who is also MGMT....decided to be VERY underhanded, greedy and competely NOT transparent with s/h and gave themsleves a tremondous Xmas gift at the cost of their s/h! What was this gift? Well, they dumped 20M shares to surpess the stock at rock bottom prices in order to give themselves a private placement of another 20M shares to replace the ones they JUST DUMPED! But wait....it gets better! This private placement was done in a way so corrupt that they GAVE THEMSELVES not only shares but units that enable them to purchase an ADDITIONAL 20M!!! at very cheap prices. Infact what they did was dump 20M to surpess so they can get 2X (or 40M in all) the number that was dumped! Now listen folks, you could understand if a company has been doing well in terms of operations, profit & share price where even the s/h are participating...but goddam man a company in a situation like Cryptcrap should have NOT even attempted something lijke that. Just pure greed & stupidity!

Where does this company go from here? Well, if i had the power within me, the first order of business would be to remove this mgmt team asap. Since i personally can't and there's no dissdent s/h here to forceably remove them, because the major s/h are unfortuately them, there's not much to be done from that perspective. Another possibility would be for thme ot sellout to someone bigger.....but unfortuately you need to have ASSETS for that to happen and most of the stuff in this company is either gone, ceased or in limbo. Which bring me to the final option. You guys gotta remember, this company is now a borderline shell company with really NO ACTIVE business. so much so that even the FOMO crowd didn't want to touch it too much. The last option? Or mosre or less the only option. These fruitcakes actually release a solid upate of WTF is going on and their intentions......and STOP dumping shares on the open market.

In closing, it's too late for this current run in Bitcoin for the stock to actually benefit from it. The insiders in the company & mgmt have totally sidetracked this run for the company & their s/h by being underahnded. Also, i keep seeing folks post misinformation of the company sSTILL mining or having an activce business. This is wrong & flase and i CHALLENGE anyone here to provide solid proof that they are. So folks, beware of the info what some unscupulous post on this board.  As the company's share price did not rise nor benefit from Bitcoin;s crashing of 20k....it will most certainly & unfortunately participate on the way down when Bitcoin pulls back this week. so i assume we are done for the year UNLESS the company releases some "unexpected" news item before then. Which i serioulsy doubt they do! So don't hold your breath here folks and make sure you have invested in OTHER positions for exposure to Bitcoin. Like the motto goes invest in winners & trade the losers.

Good luck to all


 




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