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Bullboard - Stock Discussion Forum CryptoGlobal Corp - Ordinary Shares CYXTF

"CryptoGlobal Corp is a Canadian based company engages in the provision of cryptocurrency and blockchain technology services. It solves complex computational problems to validate transactions on the blockchain using a specialized equipment. It mines a portfolio of cryptocurrencies, including Bitcoin, Dash, Ethereum, and Litecoin. The company operates in one industry and geographic segment; the... see more

GREY:CYXTF - Post Discussion

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Post by starman1975 on Jun 12, 2018 10:37pm

free shares?

CryptoGlobal shareholders will receive 0.4229 of a common share of HyperBlock for each CryptoGlobal common share, valuing each CryptoGlobal common share at $0.74
Read more at https://www.stockhouse.com/news/press-releases/2018/06/07/-r-e-p-e-a-t-hyperblock-and-cryptoglobal-provide-market-update#lPiBo5uFytyxgZQx.99


wow are we really getting free shares of hyperblock on top of cryptoglobal shares?   what a great deal. 
Comment by Gump888 on Jun 13, 2018 10:47am
I don't think you understand what is going to happen.  CPTO will no longer trade or exist once HyperBlock begins trading.  You will have zero CPTO shares.  Each share you hold will be traded in for.4229 of a HyperBlock share.   If you have 10,000 CPTO shares today you will have 4,229 shares of HyperBlock when the buyout happens.  As of today's price (with CPTO ...more  
Comment by starman1975 on Jun 13, 2018 10:54am
thanks. I didn't understand the deal.  so they're going out of business soon by the way things are going. they'll be under water before hyperblock takes control. bad decision on my part. 
Comment by starman1975 on Jun 13, 2018 11:26am
After seeing the hyperblock website its hard to believe something this good and has so much investment to become the number one crypto miner in north america is going to ashes. 
Comment by Gump888 on Jun 13, 2018 12:26pm
If Bitcoin keeps on dropping like a rock it'll soon be unprofitable to mine anymore making this company worthless.  Sad reality of the crypto space unfortunately.
Comment by starman1975 on Jun 13, 2018 12:36pm
but then if all thhe crypto mners go bankrupt the value of cryptos should go higher. 
Comment by starman1975 on Jun 13, 2018 12:47pm
I bought back the shares.  just hang on. bitcoin is down 7% today at 6300. it will bounce back from $5999 to $8000 in two weeks.   cpto has been over punished.  down from .50 in a few days.  common.  way oversold.  be a bargain hunter, not a chaser.   buy buy buy. 
Comment by starman1975 on Jun 13, 2018 1:01pm
just a different share price.  does not mean cpto will loose any value.  only down because of cryptos today.  bottom is three hundred points away on bitcoin.  sell now and buy lower at .20 or hold until we get .50
Comment by starman1975 on Jun 13, 2018 1:07pm
will double down on bitcoin 5999.  blood on the streets today. fckn going crazy
Comment by starman1975 on Jun 13, 2018 1:17pm
bitcoin down $400 today and down $400 overnight then its over by morning.  yep.  I shouldve listened to crypto kirby on youtube.  fk me.  never sworn on sh before but today is the shts. bitcoin $8000 in two weeks.  not dreaming of 20000.  
Comment by starman1975 on Jun 13, 2018 1:33pm
the spoofing works.  from .225 .22 .215 now .21.   poor retails are giving in.  going back to A dollar by year end.  
Comment by starman1975 on Jun 13, 2018 1:41pm
that's just how cryptos trade. it corrects 70% then goes up 1000%
Comment by starman1975 on Jun 13, 2018 1:49pm
there was something wrong with the acquisition.  I get that.  I was actually laughing when I saw this falling knife.  Then I looked at the hyperblock website.  never seen such a professional website.  they are brushed.   they are the number one crypto.  when this sector turns around they will get noticed. over sold.   buy buy buy. shorts you fkn cover now. & ...more  
Comment by starman1975 on Jun 13, 2018 2:07pm
there might be a chance that somebody is defending their $10000 bet on crpto week n newyork.  we may not see 5999 bitcoin afterall. 
Comment by starman1975 on Jun 13, 2018 2:46pm
lol. shorts are feeling the heat.  they know bitcoin is going to $8000.  not dreaming of $35000 or $1000000 bitcoin.  just being real. 
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