HyperBlock Inc HYBOF

Q3 Financials Posted

[realitycheck00]

Hopefully we are trading again within a few weeks.  Market conditions are beyond shi!ty so lets hope things can either slowly start recovering or at least stop imploding.

[KingBill]

Not look good. With Bitcoin at $9k average, company still not making profit

[realitycheck00]

Keep in mind nearly US$7M has gone into much more effecient miners that should be reflected in Q4 financials and beyond.

[CNDguy]

New machines or not I was not expecting a operating loss in Q3. Hyperblock was supposed to be proffable at the Q3 crypto prices. Here's to the new machines saving the day.

[KingBill]

Whatever, we have missed the upward train.  HIVE moved from $0.08 to $0.50+ while we are on a halt.  Wrong horse though.

[CNDguy]

In truth I would expect a bit of a buying frenzy when/if hyper starts trading again. Both hyper and hive are in about the same shape so the difference should be made up at that point. My concern is that I'm not seeing a low enough cost structure yet for me to be positive on the company long term.

[realitycheck00]

Technically the reason it closed at 0.025 is because someone blasted out a bunch of stock and took out the bids or else it would of been in the 0.035 to 0.045 range.  It could gap up towards 0.10+ but we will have to wait and see. With Bitcoin at this current level I would not expect much more than a small gap up.   

[Moneyhungry11]

I disagree...HIVE has a market cap of $100M CAD, so we should be easily trading aroind 0.4 - 0.50.

[realitycheck00]

We are one of the last few standing public crypto companies so this will be interesting.

[KingBill]

Hope you guys are right.  If it is up to $0.50, I can move out of my mom's basement.... LOL

[JCsaturn]

If is over $0.50 I will be very happy, seems that will be a solid company with a bright future