Post by
Barrhead on Dec 17, 2020 12:49pm
Can't Keep up with NR's....
Correction to disposal of shares etc...What?
It appears ANC disposed of 20 million shares at 0.051, participated in PP at 0.050 with purchase of 20 million and picked up 20 million warrants at 0.075. In essence they appear to have gained control of CSTR....The Early Warning System and Related Take-Over Bid ....Yup it appears all of this was an Early Warning of a Takeover.
Comment by
Barrhead on Dec 17, 2020 12:51pm
2020-12-17 12:02 C:CSTR 0.05 News Release Cryptostar investor A.C.N. disposes of 20 M shares 2020-12-17 11:57 C:CSTR 0.05 News Release Cryptostar arranges $1-million private placement
Comment by
avix112 on Dec 17, 2020 12:55pm
Take over ? Is this bad or good ?
Comment by
MAZZMEX on Dec 17, 2020 1:04pm
obviously you are new here... they've always had control since the birth of CSTR.. do your DD
Comment by
penwin66 on Dec 17, 2020 1:08pm
I was thinking the same thing. they've controlled this forever. I'm dissapointed given on other plays I'm up multiples in some cases and here we cant gain a penny. that being said I think it's set up for a run. once they're mining full tilt numbers should be good again plus the new aspect of hosting and selling.
Comment by
Barrhead on Dec 17, 2020 1:16pm
Then my read is that ANC made $19k on flipping the stock at 0.051 average and buying it back for 0.05, and writing up a 20 million warrant purchase at 0.075. What a merry goaround this has turned out to be..Oh well, all I am out is about $20 bucks commission on the buy/sell. Lesson learned...Thx for the clarification. GLTA
Comment by
MAZZMEX on Dec 17, 2020 1:16pm
never mind when they mine full tilt. SP was kept down for cheap PP.. we can complain about it or take the opportunity to load up. This is moving up as soon as the PP is completed, unless if Bitcoin crashes huge before...
Comment by
mickp3 on Dec 17, 2020 3:28pm
if they are willing to suppress the price down to scoop up PP for cheap, you can bet they will do the opposite and pump the stock when they choose to
Comment by
Kensin1954 on Dec 17, 2020 7:00pm
When do you believe the P.P. will be completed? The upside from there could be substantial. Most of their calculations were done at 50% of current BTC and ETH rates which are clearly trending upward. Just trying to see my way throught to a $0.30c CDn price JMHO
Comment by
MAZZMEX on Dec 18, 2020 7:47am
Should close quickly. I expect they will increase the PP based on yesterday's trading. I'd guess early next week.. Once the PP is close up we go and we have a lot of catch up to do. Most likely at least a double in SP short term if Bitcoin maintain current price..