Let me ask you something… If someone came to you and said, their biggest investment to date was this…. 
How would you feel? Would you believe this innocuous trailer was actually a powerful crypto mining facility? Neither would I. Yet, that's the big draw from this promoter's push of Cryoptoblox Technologies (OTC: CRYBF), a Candian-based crypto company that I can't tell exactly what they do. Their website is a hot mess, while the promotion is riddled with grammatical errors. Nothing screams "set my cash on fire" like keeps writing "cryp-to" with an unnecessary hyphen. The good news is it doesn't get much worse. But it does get worse… Cryoptoblox Technologies (OTC: CRYBF) - 1-month trading range: $2.20 - $5.15
- Typical average daily volume: 630,000
- Float: ~ 532 million
Cryoptoblox Technologies Let's start with the promoter's description of the company: "Cryp-toBlox Technologies Inc. is a block-chain technology company with a diversified portfolio of fintech block-chain services, block-chain battery technologies and applications, and cryp-to mining facilities under development." Ignoring terrible writing, I found nothing on the company's website to back any of this up. The website has three pages: Home, Portfolio, and Subscribe. Clicking on the subscribe button does nothing. You can look at their 'investments' which includes exactly one…asset? 
Source: Cryptoblox Website My favorite part has to be their sales pitch for the site below in wonderful 1995 Windows graphics: 
Source: Cryptoblox Website Yes, the facility is equipped with modern inventions such as cameras, A/C, and smoke detectors. How shipping containers fit in, I have no idea. The Sedar link on the website doesn't work either. Setting aside the ridicule for a moment, the latest news by the company highlights a partnership between the Redwater Acquisition Corp and Lavrium LLC to: "Integrate Lavrium's machines and implement AI algorithms at Redwater's Alberta Project with the overarching goal of scaling and optimizing the site's Bit-coin mining operations to drive increased pro-fit-ability." Again…what's with the hyphens? So the company hopes to leverage AI to make its mining operations more efficient. Great. How? Don't ask silly questions like that. The promotion goes on to talk about the low energy costs secured by the Redwater site because it sits on an existing natural gas mine. Not a real shock there. So, can this blackbox inside a trailer actually turn a profit? Financials Source: Seeking Alpha Alright so let's start with the obvious. The company doesn't generate any revenues—usually a bad sign. It also burns through hundreds of thousands of dollars annually…to not generate any revenues—also not a good sign. 2022 was a stunner of a year when the company burned through $9 million in cash from operations doing god knows what. They have no cash onhand, but no debt either. While someone might try to convince you this company is a winner, in business school, this is what's known as a hot load of garbage. Promoter Activity Despite not generating any revenues, the company managed to pay a promoter several times to send out misspelled emails: 2021 - 3/3/2021 - 3/4/2021: $27,000
- 3/26/2021 - 3/29/2021: $90,000
- 4/1/2021: $5,000
- 4/8/2021: $5,000
- 9/24/2021 - 9/27/2021: $27,000
- 12/9/2021 - 12/10/2021: 27,000
- 12/28/2021 - 12/29/2021: $27,500
2023 - 7/5/2023 - 7/26/2023: $27,000
- 7/24/2023 - 8/4/2023: $80,000
So, we can expect a few more days of difficult-to-read promoter emails. I do appreciate them trying to spin the natural gas usage as being 'environmentally conscious.' That's some serious mental gymnastics right there. Straight to the Facts Obviously, this company isn't investable. Is it tradeable? There's been a massive uptick in volume lately since the promotion started, expanding the range. So, yes. Always at your service, Baron Von Stocks | 
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