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Bullboard - Stock Discussion Forum 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... see more

CSE:KAS - Post Discussion

Dynamite Blockchain Corp > Know What You Own
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Post by Leerykevin on Jan 18, 2021 12:21am

Know What You Own

This company just got re-instated after being suspended/halted for gratutious issuance of shares before changing it's name and mgmt.  5 minutes on last SEDAR MD&A told me they haven't learned their lesson.
   All this company has is questionable AI tech, little cash and a huge advertising budget.  They throw names around as if they are a significant player, but where are the sales?  I was intrigued by their claims but imo this is a scam cashing in on EV interest promoting a home system that Elon Musk probably does much better.
   Major dilution on it's way is an understatement of the year thus far, imo.  Look at the number of cheap warrants !!!!!!


On October 30, 2020, the Company issued 8,000,000 common shares at $0.0125 per share to Intelligent Battery Technologies Ltd. for part of the license acquisition fees.

As at October 31, 2020 and December 30, 2020 there are 313,652,540 common shares issued and outstanding.

Stock Options As at October 31, 2020 and December 30, 2020, there are 4,200,000 stock options outstanding.

Share Purchase Warrants As at October 31, 2020 and December 30, 2020, there are 200,100,000 warrants outstanding.
Comment by yoshka2000 on Jan 18, 2021 1:02am
IS ACDC TECH. BETTER THAN TESLAS AND CHEAPER ? ALL THOSE SHARES COULD DO A REVERSE SPLIT AT, 10/1 OR 15 /1 NEW SHARE? NOT A SHAREHOLDER YET BUT BEEN THINKING. WHAT ELSE CAN YOU TELL ME TO GET ME ALL CHARGED UP TO BUY? REALLY.
Comment by ScarletSpider on Jan 18, 2021 4:49am
I personally never like pennies with more than 100 to 150 million os that said why do people always assume consolidation when equities have this many shares? What is 100 million divided by 300 million? That is .33 correct. So with that amount of revenue is there a need to consolidate? Will not do a 15 to 1 or a 10 to 1 dont need to. The way things work I have found and it seems to be proving ...more  
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