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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 Pachukoon Mar 30, 2021 5:36pm
45 Views
Post# 32909849

RE:RE:RE:RE:Daymak numbers and ACDC

RE:RE:RE:RE:Daymak numbers and ACDC30 percent of production cost. if production cost is 30 percent of retail cost( which would be low) it is 9% of retail cost that is in the battery. total orders are deposits only. these kind of orders end up with only a small percentage being guaranteed sales in the end. still need to pass all the hurdles involved in gaining safety approvals and government licences so anyone counting their money already is a fool.

20 million in gross sales results in 1.8 million gross revenue to ACDC using the above percentages. if ACDC is getting 30 points margin that ends up as 540 grand on 20 million gross sales. that would be 100 percent fulfillment of orders. at a generous percentage of 50 percent follow through that brings it to 270 grand. Not chump change but also not much bang for the buck for shareholders.

As is the norm with the posts heree a lot of hype for not much in the way of actual bankable factual revenue.
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