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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 AuntiePenny2on Feb 05, 2021 3:55am
129 Views
Post# 32481439

RE:CSTR ANNONCES CLOSING OF NON BROKERED PVT PLACEMENT

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.
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