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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

Post by mrmomoon Dec 29, 2020 9:14am
203 Views
Post# 32190236

This is how it's DONE!!!!

This is how it's DONE!!!!What COULD have been IF this clown crew in charge at Cryptocrap actually had any brains or intent to move the company forward. Had they followed the Marathon template, which BTW were more or less at the SAME stage and same financial troubles as them, it could have been a much different story here for Cryptocrap holders. I STRONGLY urge investors to take some time and read up on how Marathon transformed itself.....successfully.... before actually making an investment here and OVERPAYING for Cryptocrap shares.

People gotta remember that these clowns ARE NOT mining anymore and have NO assets to speak of. Basically a shell company at the moment with no active business, at least until they announce some solid update on the company to change that. For comparables, the worst or bottom of the barrel miner is MGT Capital at 80 Phash. It currently has a market cap of ~30M Cdn. Cryptocrap on the other hand, has NO mining ops & a cap of ~35M Cdn!!! So becarefull here folks, this will ONLY be driven up by FOMO and crazy investors buying up ANYTHING related to Bitcoin, not by actual value. So make sure if you invest here, you are aware of the risks involved, have the money to lose and could be possibly incurr an opportunity cost as well. There is a BIG difference for what investors like me have paid for these shares and what most of the new folks coming will be paying. I won't be taking ANY high risk here or risk getting stuck with a dud at high prices if things don't pan out, but most of you guys will take on all of the above.

Again i strongly urge investors, to visit the Mararthon story and witness a true & transparent transformation. The Hive story is a must see as well. Link below.

https://ca.finance.yahoo.com/news/marathon-patent-group-purchases-70-131500635.html

Good luck & god speed
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