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Bullboard - Stock Discussion Forum Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s):  CRYBF

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 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... see more

CSE:BLOX - Post Discussion

Cryptoblox Technologies Inc > My Suggestions For Market
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Post by ScarletSpider on Feb 10, 2021 1:22pm

My Suggestions For Market

first off I am not a huge fan of shorting because it goes against the philosophy of public market which is to raise capital so that companies can either take an idea and make it into reality or to take something and grow it. For those ideas that are still at the conceptional phases they should all be required to go on a market like the nex the cnsx which is really meant for these types of companies. 

Every tier should have the same degree of responsibility to report things whether dealings are pre rev or not it doesn't matter. The restrictions should not be loosened for start ups and that they feel that they can do any and everything other than what they need to responsibily.

I would be in favor of breaking the exchange tiers according to small medium and mid caps and accordig to proper revenue reporting not based on what the trading values are as they can be heavily manipulated--based on real assets on balance sheets etc so there is a more accurate and reflective value of these companies

now as to shorting. Brokerages can not and should not be able to rent out shares that they do not own and I am not talking about what they have in their possession that are clients shares, nope. I can't stand the practice but I will concede to it only on the basis that brokers need to use their own shares and noone elses without which it is just shameful that people who don't want their shares leveraged against happen and the worst is that it goes against the overall share value not to say retailers don't get compensated.

When it comes to financing I would make mandatory price increases for where brokerages can sell those shares or at the companies request. too many times brokers get 20 or more percentage off the retail trading value and when the equities go up to whatever they do be it 20 40 percent people dump shares take their profits and move onto the next rinse and repeat they don't care about any company. And because everyone is overly result driven and want to see monies right away companies are trying to do what they can but are under the gun every quarter to produce something even when it is not possible. I have said that companies should try to select brokers who will look longer term to help them grow but the reality is when money is needed it is needed and I know brokerages take advantage of this give in low ball offers put very little risk and then cut bait. Not cool. This is what is super wrong with businesses in Canada i will not speak to the US they are selfish looking to get flush and don't give a damn about the companies' interest as long as they line their pockets. Many also promote companies it is the best thing since slice bread tell people to keep their shares while selling the ones that are held by the houses their own. All of this is the type of rot I am talking about.

It is very hard for busniesses to run properly and survive under these circumstances the weaker ones will never make it but the travisty is that they may have done phenomenal things however for the ones that do you see the result of it--over 100 million shares which becomes overdiluted and bloated and which then ends up inevitably in consolidation and so the patterns continue. Now if the brokers are forced into an agreement where they can not cut bait until higher share values where companies can do raises at so as not to overbloat and be able to better finance themselves and be more successful that is what I would recommend but these guys don't want their hands tied. 99 percent of brokers are aweful this way they want the quick buck very much like the rest of us but are not willing to really help companies grow it is all lip service before moving on to the many others they do the same to. There are some houses that are notoriously bad in Vancouver BC and i don't need to mention some of the names I am sure people know which is the worst in this regard they are the epitome of everything that is wrong. The other option like I said is when the companies call in the warrants to have monies to work with

A lot of frustrations stem from the inequities created in the market when you address some of them at the roots it may bring more fairer play but it is really difficult to control what people will buy and sell at and unfortunately if people don't do things properly they will find themselves in a world of hurt that is something they will have to work on to finally get the knack so that they don't find themselves in that position or simply skip the market. You can not or should not blame anyone but yourself regardless of manipulations, market conditions etc. It is up to each of us to figure things out and make things bend in our favor but that is not to say that I am condoning bad practices inequities and all the down side to gambling call it what you like in stocks.

By interest I am an arts person and dabbled in it. Rubbed elbows with people who are in indie film, comics etc. There are indie film actors and production people who say what I am saying that whenever they look for backing everyone wants money from it fast--this isn't how you grow a damn business support your talent or anything you nurture give it time to let it grow and reap the benefits later but everyone wants everything right now and there is no way businesses will do very much in this way and if they do and struggle through it all they have well earned their prestiege especially in Canada where everything is stacked against them but again this does not excuse wrongful acts by management.

At the end of the day as i have said and will maintain no matter what we have to protect ourselves the regulators will go after those whose interests they serve which are the brokers and they are among the worst violators they know and the regulators know it. Let's call a spade a spade. Now given my hands is involved in all this like I said they will always be bloodied with all the ills that goes with the market but one day I hope to let something good come of it. I aspire to give money away to people not expecting anything in return. As is said in scripture go forth and multiply that is my payment to see pepole succeed and nothing more. Whatever one freely from their heart offers I will accept but I am someone who believes in seed monies to people who can use it no loan no strings attached and I would love to see more of this continue to go on. It would be great if our public markets can move towards this as well albeit those who finance should make monies I am not saying they shouldn't but they should not be cutting blocks and just turning a buck and moving on as they are that is not good there has to be something in between so that everyone wins and businesses can emerge for those who are moving from concept to concrete offering and grow as well as thrive all of them.

I speak and look in the ideal and I always will--just my two cents.
Comment by Joseisok on Feb 10, 2021 1:31pm
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Comment by Goldy63 on Feb 10, 2021 1:38pm
Well hell Josie . You got something right . Yes we do D@D . Yes we buy Hope (Shares ) and expect the company to Execute on there promises and products . Might be hope for you yet but doupt it . Long ACDC . 
Comment by Joseisok on Feb 10, 2021 1:43pm
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Comment by ScarletSpider on Feb 10, 2021 2:14pm
no easy answer here. and that is why the only thing that i can say is for people to decide when do you buy what price? Let's say you bought at .95 you thought this is going to a $1.50 but you see it going down. Well did you determine what is the maximum amount of loss you will take? If not what the hell????!!!  Now let's say this goes from .95 to $1.75 will you take some profit all ...more  
Comment by Joseisok on Feb 10, 2021 2:27pm
This post has been removed in accordance with Community Policy
Comment by ScarletSpider on Feb 10, 2021 2:34pm
In addition to my strongly suggesting for people to know their loss trigger--I will say this do not put into the market anything other than what you have already put in. I don't care if you started with $10,000 and you are down to $500 porftolio worth just don't!!! Do you think if you can't manage what you have you expect that you will manage what you put in any better????? I gave an ...more  
Comment by Joseisok on Feb 10, 2021 2:54pm
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Comment by Goldy63 on Feb 10, 2021 3:10pm
Gezz Josie . Many know that . Sell enough to protect principle and a bit of profit and hold long . Win some lose some . Stock I mentioned here  few days ago up 33% today . Huge news coming and leaked . Yup win some lose some . Long ACDC . 
Comment by LionWhisperer on Feb 10, 2021 3:24pm
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Comment by LionWhisperer on Feb 10, 2021 3:26pm
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Comment by Goldy63 on Feb 10, 2021 3:41pm
More lies . Eve made people  plenty of money even before the RS . As for the other one its over my buyin by 1,5 cents . Gezz . Later clownpic . Another waste of space post . Long ACDC 
Comment by Goldy63 on Feb 10, 2021 3:38pm
Hey was not me that  posted that . Was another poster  that  spoke to CEO  and posted so guess we see but yup the stock is up 33% . Anything on this  stock Lyingcub ? Nope . Long ACDC