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Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s):  CRYBF

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. It is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid/alternate energy powered digital asset mining, along with a diversified portfolio of sustainable mining and blockchain fintech products and services enabled by both the sustainable mining products and technology and structured blockchain products and services divisions. It is focused on providing alternate energy solutions to power digital asset mining operations throughout North America (Redwater, Alberta). Redwater is a modular air-cooled data center facility powered by flared gas and equipped with heat recapture capabilities. It also owns approximately five IceRiver KS3 Kaspa mining units.


CSE:BLOX - Post by User

Comment by ScarletSpideron Jan 28, 2021 8:32am
94 Views
Post# 32407483

RE:RE:Wow are people really that obtuse????

RE:RE:Wow are people really that obtuse????
it kind of is frustrating what people can post. Am I concerned about the dilution??? Of course i think i mentioned that the first time i bought in. I sold out at around .09 when inquiring about Ecoville and i even shared which i hardly ever do Mr. Goodwins response to me so that was to try to shut people up about being able to get in touch yes you can and as that response proved they do get back. Now i am not saying dont have a healthy dose of skepticism yes do but just dont look like someone who is being obtuse to sow doubt in peoples minds you look like a basher nothing worth taking seriously but if you are more balanced in your comments you come across sincere and really neutral. I do my best to come down the middle. I do take companies at face value what you say you are providing I say ok but yeah I have the right to actually see a physical product. The problem is many companies are not here, the manufacturing distribution etc is not here so how do you expect to see anything other than on what is on page? Well then either you accept what you are told and continue on or you dont and just trade shares taking your gains losses whatever for as long as the company still trades and if you are too skeptical do yourselves a favor dont invest but if you do go out see all the products that you know are selling and invest in those at least you know they are real. Look if you are not comfortable and dont trust where your monies involved and at risk best not to gamble it away. Now for these products if you accept them to be real then they will be seen soon enough if they are something that people see as really good value for their monies you will see at the trade shows things like cars and rv trade show home trade shows whatever. Eventually you will see news coverage etc if the company goes that route is part of the conventions and reporters get around to all the vendors whatever. But yeah the outstandings will have a drag on the share value until such time sales revenues start to offset it. If it is weak well no rocket science the price will be low if it is medium that strong whatever that will be in share value terms a dollar plus. For that I do lay this one way of doing it. If not EBITDA positive with 313 million shares outstanding than $313 million in revenue. I put a 2 to 4 times multiplier on EBITDA values which means earnings before interest taxes and depreciation. If after you obtain a dollar and all the expenses up to EBITDA are deducted I would calculate the value at $2 to $4. If it was all net profit beyond EBITDA where all the figure is reduced by all expenses and you have monies remaining the general multiplier is 20 to 30 times most often 25 times so in this case $25 this is simplicity for how I generally calculate to figure whether I believe companies are trading too high too low or around the right price range for myself it works I find it to be proving accurate but I am not qualified or have any financial or equities background I have just observed laid calculations out and in time over numerous companies they seem to hold but again that is how I do things and so far it works for me. I have been known to give off the wall prices targets but I have my reasons I thoroughly explain them and found in the near term most dont hit what I had said but they do even if a year later but I project out using exactly what I said in general terms and yes it does seem to inevitably reflect share values. Price really though is 98 percent driven by sentiment. When stocks start to get pounded back to reality is when there is continuous revenue and it is no longer in blue sky territory and those revenues are easier to calculate the bottom line factors in huge! Now here is something most stocks dont hit profitability in pennies even things like First Solar wasnt profitable for the longest time, Telsa is 100s of millions in the hole until they make way more sales to justify where they are actually trading that is all expected projected value. If it wasnt the shares would be negative value but the lowest I have seen .0000000005 Telsa is really worth that. So why does it trade high because Musk is able to raise ridiculous amounts of monies and he has sold it to all his backers that all that he has raised will be higher multiples of that. Kind of funny by that virtue alone it can trade on the main exchange and no this isnt apples and oranges. Pennies do it they are pennies diluting the shiate out of their shares but in both cases at the end of the day the price comes when revenue flows through but further as to what I will say is this companies never achieving profitability can still trade way more than their near 0 worth and that happens when they show a strengthening of their balance sheet quarter over quarter year over year or conversely loss and reflect that. People who invest gamble on these companies do you think it is the end all and be all to them? No because if it were you wont have any publicly traded companies so I personally dont get caught up in why is this trading this high it isnt even profitable well it is all relative...news flash 95 to 98 percent pennies never will be and many have been trading for 10 20 years eguanna I mentioned is one such company and so they have their price ranges all because of this and dont hardly get to their ipo prices without getting to EBITDA if not better or consolidating their massive share count because the revenue is not strong enough but when they are growing and stable. Eguanna formerly sustainable energies stg consolidated once to reach around $2.25 or better but has been a far cry seeing that share value it went as far down as a nickel maybe less and was moving to .50 was under .20 and more recently with Biden is around .40 and yet still not profitable to my knowledge and still lots of outstanding shares like this one...so yes you need offsetting revenue and lots of it to be worth anything. Quick calculation this is 1/5 300 million and if I am doing the math right about 60 million market cap. I will check after I post. In any case I dont overly get caught up in profitability to trade value all stocks in that regard are overvalued as they are if there isnt net profit but like everyone else I buy seeing if companies can keep strengthening their balance sheets quarter over year over year and get to net profit everything else I will call is hokey pokey driven by sentiment as 98 percent stocks are so are more justifiably valued more so then the majority. Anyways that's it for me for this post. Glta
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