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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 Jun 09, 2021 11:30am
72 Views
Post# 33355090

RE:Just not our time yet

RE:Just not our time yetYes, it is. No reason the company should show anything less than $10 million in revenue this year. Here is why. We are talking about 100's of millions in contracts but there needs to be a deposit by people who are looking to have the company's involvement. It will be horrible business for the company not to secure a 10% deposit on those things that it will supply to those who they have said they will supply to because that will ensure that the contracts will be honored. If I am advocating strongly for individuals to pay a non refundable deposit on their charging walls or whatever the case may be of $1,000 out of $5500 plus which is actually above 10 percent why should it be any different different for those who the company has entered into an agreement with?

It is likely there are contracts in the 100 million range or close not small amounts so I do strongly believe this should add up very quickly and the reason I am saying no less than $10 million. If the anticipated projects are small/er I would say less. I strongly believe we will know soon enough but this company should be showing revenue this year as products will be in Vancouver BC and there looks to be companies that are in BC as well as other places. 

That said this is my best assessment as to what I see and maybe swyint you are absolutely correct. Regardless, things are shaping up extremely well and the share value here can indeed be quite good especially when buying at around a quarter. This on way less was near a buck. I don't believe this should be trading at a .25 at all more closer to .75 is a fair price but again this is my opinion based on what I can see this can do on potential.

At one point someone posted a fair market value of .72 or so well yeah that is actually more realistic to what we are seeing more and more of today. Maybe then should have been .50 ish but one things for sure .25 around this base or a bit above is actually quite cheap for what we are seeing here but true we have to see revenue flow through to validate that it is coming in the way that it is being projected without which people will constantly have their doubts and the "bashers" will have their field day doing it as the news is gone and no revenue is shown. Even so you can't ignore what is in place so it will give lots of time to chew up shares and hold them for a buck plus at some point.

Really good stock to buy in terms of future upside and simply to hold otherwise not worth selling this cheap in my opinion.
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