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Dynamite Blockchain Corp C.KAS

Alternate Symbol(s):  CRYBF

Dynamite Blockchain Corp., formerly CryptoBlox Technologies Inc., is a Canada-based blockchain technology infrastructure company. The Company is focused on building out its diversified blockchain ecosystem strategy that consists of Kaspa, 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.


CSE:KAS - Post by User

Comment by Nnwwzzon Nov 26, 2021 5:56pm
119 Views
Post# 34171011

RE:People Need to Use Logic Here

RE:People Need to Use Logic HereThis is nonsense. People's trading habits are immaterial to the company's operations and communications. Don't victim blame. You can't just use supply chain issues as a sort of hand-waving gesture to signify that patience is the only way forward. Supply chain issues is one of the specific things mentioned in the financials regarding material risk to the company's prospects. So advocating waiting actually stops people from continuing their fundamental analysis on how likely the company is to succeed. If they don't bring deliverables to the market in time to pay the bills, that's more dilution. The company is already valued at 10s of millions of dollars. What do you think is going to happen if they need to raise again because of set backs due to supply chain issues? Investors have to acknowledge what their risk profile is and make moves accordingly. For me, this stock was just within my limit of risk tolerance. The moment they decided to take on cryptocurrency mining, that pushed it over the threshold for me, so I'm out now. Don't advocate for anyone to stop doing the necessary analysis on their stock picks.
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