TruTrace Technologies Inc C.TTT

Swapan Kakumanu

[Wyckoff]

Linkedln profile: He is/was involved in many companies e.g. Red to Black, Pounce technologies, Intercept energy services, Vogogo, Oral4D systems, Decisive Farming and so on. Check out the companies for yourself. Vogogo, ICOX innovations, Kodakcoin probably most interesting in terms of Blockchain technology. Would like to know if anyone knows how successful these companies have been?

[LaserStock29]

I got to be honest..  Isn't it enough that blockstrain cut ties with the Jackson guy and vetted this cfo to start the month. Its a fresh start. Only thing that matters is the government contract that spier is supposed to negotiate. All about securing that revenue stream heading into the 17th. that's really the pull for me.. I believe for Spier to take Blockstrain on.. they wouldn&

[Crackers13]

I have looked through these companies and each have their own story.  I did find that Cameron Chell was the interim CEO @ Pounce in 15/16, possibly where he was introduced to Swapan Kakumanu.  

[LaserStock29]

14 nights till legalization......  a. Spier mou for Govt Contract b. Secured agreements 97Canadian LP's / 5000 Craft confirmation my assumption with the ladder is that like most software co's Blockstrain probably 'beta' sent out copies and got great feedback.   Time to reel it in before legalization.. People have to trust the supply-logistic chain'  I

[ConnectTheDot1]

In the Press release, DNAX granted 700k options at 0.30$ almost at actual price! 300k to the new CFO 300k to a cpa 100k to cultivation specialist For the CFO...why didn't he negotiate more than the 300k, did he see the potential that 300k is enough! Hope the best to come... Good luck to all...

[zoobadoobaaa]

This post has been removed in accordance with Community Policy

[BigmamaT]

Absolutely agree

[Crackers13]

I agree that we have been kept in the dark for a considerable amount of time and have been holding out hope that there is a method behind it. It's hard not to figure that there will be some sort of news this week... even if it just pertains to the "go live" launch. But who really knows. One interesting note is that their head office is located in the same building as an Aurora

[LaserStock29]

I think it's a winner take all scenario... kinda like telecomm's in Canada... we dont like over-competitive marketplace.. it's not like the USA in that respect. Im here cause Spier is backing it and Weed MD invested Also.. my DD is leading me to conclude BC Genetics and CannaMetrics app is absolutely in the fold here. (IMHO) Dr.Gina Conte and Tim Harvey...  you'd get a

[Crackers13]

Agree with Laser. Fundamentally Blockstain is assimilating all of the right pieces to put forward a complete platform. In this sense, they can keep development private without scrutiny. Another very important element is that they have openly stated that they do not need any more funding to complete the platform. So driving up stock price to use funds is not necessary. Having enough capital is

[ConnectTheDot1]

Simply to recall, that during financing, they were looking for 3.5M$ and they got 10.5M$ instead...3 times the 3.5$M... so they have enough funds to deploy... cheers

[crowbie]

They had about 5.5 million left as of 31 July. That was before the 750k to the genomics company. Total expenses in the three months up to 31 July of 9 million, including listing cost, stock compensation, and corporate development. Hopefully most of the big costs are out of the way and the 5.5 can sail through to when revenues start coming in.

[LaserStock29]

Honest question;  How is the revenue model structured? 1. winning a govt contract?  2. relationship with a genetics producer that when licencing to LP's Blockstrain gets a cut? 3. some form of subscription fee? I figure the big one for legalization date is no.1 and then after the others get revealed. thoughts? Thanks Software companies typically get 5-15x multiple something to