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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 May 05, 2021 2:19pm
103 Views
Post# 33133385

RE:RE:Why are they still here

RE:RE:Why are they still hereLarge capital investors would look for revenue to invest heavily in a company. The name change history, stock split questions and 3 pp in a year would make them nervous but revenue numbers would let them get past that. This one doesn't get large capital investment until it can prove the products sell. They certainly won't spend big money when there are not even products available. This doesn't see major upward moves without proving out they can actually sell the products in high volume and that their distribution agreement has actual significant return for investors. Right now they have a distribution agreement that does not spell out what percentages they earn and a supply chain that is currently not open. 
Current investors are playing this as 100 percent speculation right now and all opinions on future value here are without any basis of actual data. I don't see Large cap companies playing that game.
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