BLPFF- BLOK Technologies Inc.
Is BLPFF stock a scam or it is worth owning?
Awesome penny stocks is very vocal that we consider every stock a scam and we trade it accordingly. That doesn’t mean every company is an actual scam it just means that when it comes to trading stocks there are usually some manipulation involved.
Some general information about BLPFF
BLK is the ticker symbol for the company BLOK Technologies Inc. based in British Columbia province of North America. This company invests in the developing companies in the blockchain technology sector. The company offers managerial, financial and technological services provided to the blockchain-enabled ventures. The former name of the company was Aida Minerals Corp. and its name changed to BLOK Technologies very recently in January 2018.
BLOK Technologies is recently making progress and taking appropriate decisions to get the higher entrusted investors. This public company moves on to the prospective companies based on blockchain technology. It has also accomplished the target for its Greenstream Network Platform by completion of the Minimum Viable Product (MVP) and its Alpha release is ready for demonstration. GreenStream Network is basically meant for providing benefits to the Cannabis industry shareholders. It ensures that there will be legalized payment gateway drafted for making an easy blockchain-enabled platform for Cannabis industry.
Greenstream has participated actively in Collision 2018 (New Orleans), along with some of the other supreme events and conferences to showcase its blockchain technology. These events have given a growth for the investors to trust these blockchain concepts and reveal the opportunity to collaborate further with the developers and industry professionals. BLOCK Technologies Inc. has moved towards the next phases of development with the positive response from Greenstream. The major key is to commercialize the network and gain money from the market to assure fullest revenue growth to the investors.
The Board and Management have recently terminated the agency agreement with Gravitas Security Inc. and Canaccord Genuity Corp. for acting as co-lead agents. This decision will be more cost effective and ultimately prove out to be a boon for the existing stockholders and the newcomers for making the investment.
BLOK Tech focuses on the provision of the best investment opportunities and clubbing the funds for prospective revenue growth. This amendment will prove out to create balanced finance arrangement and hence, lead out a better position for the growth of the company. Now, BLOK Technology will move ahead with the Private Placement by offering 5 million Units of the company to raise the amount in the form of common share.
The market capitalization of BLOK Technologies is $7.8 million (approximate) and the 52-week range is $ 0.01 – 1.50. The disclosure of new events has built a trust in the mind of stockholders. The company is making the investment in strategies way to accumulate the general working capital. All the securities will have a hold period of 4 months and will require the approval of the CSE (Canadian Securities Exchange). The team of BLOK Technologies Inc. is highly knowledgeable, progressive and expert in their stream having an assembly to give the right performance. Blockchain investments by the company would be made in a traditional and transparent mode to make the investors clear about the actions. The company has an opportunity to grow in the respective streams with an aim at transforming various industries. The real needs on the blockchain platform will be recognized and fulfilled by the experts leading the company towards a better move.