BlockchainK2 Corp V.BITK

Sounds like BITK has run/running out of funds.

[rixpix]

That's what this AIF sounds like to me.
No wonder the market cap has been cut in half in less than a month.

But noooooooo. The trades that happened cutting the cap in half were not real.

Ya,  I was the one that was complaining for nothing watching the SP slide every day!! SMH...

[Johnny6565]

Providence Gold Mines  Providence News out on monday PHD was at much higher prices before they discovered the stockpile! Someone has been constantly pounding on PHD after good news. Now PHD has the market maker ! The upside is and will really always be their drilling results! I am looking forward to Monday !

[rixpix]

Johnny, using PHD as an example to justify BITK's moves is doing more harm than good. All PHD has done, IMO, is raise funds for their existance. They have nothing and are going nowhere. If you think BITK is in the same position, then we're in trouble.

[woundedknee]

Don't mind raisng funds if they have a productive spot for the money. The drop in share price is definitely related to the silence of management the past  several months. Any type of positive news (even a low ball PP) would help our share price. Still waiting for Amplifier games and further out the impact of RealBlocks. On the other hand with regard to AIF, this could also mean something

[enlcan]

Take a look at the financials they have enough money at present burn rate for at least another year. It looks like they are going to make another investment. Let's see how the placement does and whether it is over subscribed. SMH

[enlcan]

Take a look at the financials they have enough money at present burn rate for at least another year. It looks like they are going to make another investment. Let;s see how the placement does and whether it is over subscribed. SMH

[MustangSalley]

Ripix, The financials were released earlier with the same info . You better sell your position and salvage something . Management owns over 20% of the company .... you don't see them selling?   Typical emotional bantering. Sky is falling . You should stick to stocks that will let you sleep at night . Nothing fundamental has changed with the company . Management is confident

[rixpix]

MS. Trust me when i say this; i sleep like a baby at night.  Owning 72 thousand shares BITK is nothing for me so don't worry about me not sleeping. When I see something I don't like I'll call it out, whether I have 2 thousand or 200 thousand shares of a stock. That doesn't mean the sky is falling. Doesn't mean I'm panicking either, Don't get your panties all tied

[MustangSalley]

Do you know how much it costs to do an AIF and file it on Sedar for all the jurisdictions ? Do me a favour figure that out. When yiu have a number, think why management is spending money on an AIF.