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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. 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... see more

CSE:BLOX - Post Discussion

Cryptoblox Technologies Inc > Do the math ???
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Post by goldenrule on Jun 15, 2021 5:29pm

Do the math ???

the pp was .50 cents a share and 1.00 for warrants and if you gambled your money and the company did good and went up to 1.50 you would be forced to excersize these warrants.So lets say you purchased one million shares at .50 thats 500,000 and then excersised my warrants at 1.00 1,000,0000 i wouls pay 1.5 million dolars for 2 million shares.If I purchesed 2 million shares at the market price at that time .24  I would pay 480,000 for 2 million shares.Again there is know way any one would do that if there is please I have some ocean front property for sale in arizona
Comment by Deluney23 on Jun 15, 2021 5:52pm
so they buy warrants at .50 cents and they exercise them at $1 that's 50 % higher then they bought them and once that starts they will sell the shares they have been buying at .30 cents and less and will beable to sell them for $1 also so that's 70% up on the shares they been buying and 50% up with warrants once excircised and the sp will be over a buck for everyone just wait and see
Comment by goldenrule on Jun 15, 2021 6:09pm
I am not saying the price wont get there and I dont know where you are getting these .30 cent shares as they were selling for .50 so again I could have bought 2mil shares 480.000 or 2 mil for 1.5 mil taking part of the pp there is no way this happened some one is so full of cr#%#p.Or you have someone with lots of money that cannot count.
Comment by JJF777 on Jun 15, 2021 6:23pm
Why don't you phone the company and ask them about it. The company website is on the Stackhouse page. They have over $400 million in pre-orders sof you never know what is mentioned behind closed doors.
Comment by Yacuny on Jun 15, 2021 6:44pm
Did you guys see dated at Apr.6  it means pp were done when SP was high at that time over.40 !! So They have no choice to retract PP imo. But see the good side, price will go up sometime near future. Considering daymak pre order 450mil? (Thats huge)Even though .50  they also got warrants so not too bad deal imo!:)
Comment by goldenrule on Jun 15, 2021 7:35pm
so are you saying they just shut it down they did not fill the pp?
Comment by Moemoney42 on Jun 15, 2021 9:48pm
Whats with all the silly talk about the PP.. read the press release boys & girls... its spelt out plain and simple... You pay 50 cents for the PP share, and $1/warrant to excercise each warrant.. capish..? So for 1000 shares in the PP it costs you $500.. to excercise 1000 warrents, its gonna cost you $1000..QUOTE: "Further to the news release dated April 6, 2021, the Company has ...more  
Comment by Yacuny on Jun 15, 2021 9:58pm
Lol :)
Comment by Joseisok on Jun 16, 2021 8:26am
     There's 201m warrarts at .01 to be exercised first.       
Comment by Northboy44 on Jun 16, 2021 8:37am
Just saying,,,I was  warned but didnt listen .these are same  pp announcements they had with ATT..same guy involved.  Google gangsterism out...and  take notice...he cost me lot of money..
Comment by goldenrule on Jun 16, 2021 12:06pm
where do you see 201 mil warrants to be excercised at .01. when it says total shares 373 mil are those not included
Comment by Joseisok on Jun 16, 2021 12:37pm
                                                                               January 31, 2021                              ...more  
Comment by goldenrule on Jun 16, 2021 1:49pm
that is crazy did the insiders give them selves a bunch of warrants? this should have  show up in the outstanding shares as it is very deceptive when they say 373mil out standing shares it should really read 600 mil sahres talk about watering down. I am not sure how these guys have pulled some of the stuff off.If Bryson can sell shares for twice what there wourth maybe he can sell these ...more  
Comment by Joseisok on Jun 16, 2021 2:01pm
      They'll show up when their exercised.
Comment by goldenrule on Jun 16, 2021 2:43pm
where do you pull the charts that show the outstanding warrants ?
Comment by Joseisok on Jun 16, 2021 2:51pm
     Go to the financials note 8 
Comment by Deluney23 on Jun 15, 2021 6:34pm
the sale price right now is .27 cents so they bought .50 warrants when it was still up around .50 cents a share now it has dropped yes to .27 so the ones that have been buying shares also bought warrants at .50 cents so buy 1 million in warrants that's $500000 and now say they have been loading up since price has dropped so say they buy another 2 million for .27 that's $540000 more so ...more  
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