RE:CSTR ANNONCES CLOSING OF NON BROKERED PVT PLACEMENTGee, another 10 million shares and 10 million warrants out at bargain basement prices. Can't these people convince anybody with a little cash that Cryptostar is a decent investment at 10 miserable cents a share?
Give you odds they double up to 20 million shares and 20 million warrants in a day or two.
Note that they don't identify who put up the money. Probably a motley horde of barflies each with a few hundred bucks in their kids' college accounts.
And to think - I just paid 10 cents yesterday for this 5-cent junk.
All that said the market is just crazy enough that the share price may rise anyway. The chart looks like the share price should appreciate significantly if it breaks through 11 cents on volume. Could turn out some slimy insider's granny took out a reverse mortgage to pick up a pile of almost-free stock. We mere shareholders are always last to find out the real news.