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Ann: FFG invests in Cryptocurrency Mining Startup, page-171

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  1. 7,139 Posts.
    lightbulb Created with Sketch. 849
    Hooray, somebody who actually reads the announcements and does some basic math.

    Kin is just like Jack with his cow. Raised $4-$5m in December then took it to market and like a little kid swapped it for magic beans. It's all just about gone! Not sure if this story ends the same way.

    And of the $624K that went into Altarian flagship fund, how much of that fund is invested directly into crypto which has halved in value since? What is that investment worth?

    How do the financials on the crypto mining look right now? They are meant to launch next week and Kin is yet to deliver on a single business objective so will that even happen?

    How is that Kryptos X exchange update looking? Oh wait we never got it.

    How is that ICI deal coming along and reinstatement to tading Kin? Oh wait still hasn't happened, but hey it's only been in suspension for 2+ months and off to high court.

    Can anyone tell me what the legal costs are at the high court? Chicken feed for ICI I'm sure.

    Anyone not at least a little concerned about old mate Kin And his capacity to run an ASX listed company?
    Last edited by SuperWealthy: 17/01/18
 
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