Slojab
3週前
Is there a difference between a scam and just a plain stupid, pathetic, ridiculous business plan?
All Jacobson is doing is collecting a bunch of sad little coins that keep losing value.
C2 Blockchain has established the premier institutional treasury position in DOG, a Bitcoin-native Runes asset. Our strategic accumulation has surpassed 1 billion coins, with an ambitious goal of reaching 1.5 billion DOG
That's it. Nothing more. What's the point? This says it all..........
Avg Buy $0.001941
Cost Basis $2.11M
P&L $-1,465,232.65 (-69.3%)
Slojab
1月前
Borrowing money to average down on a position that's been losing money ever since he started buying a losing asset. That's not a business plan. OTC traders do it all the time. It's called gambling. This business description should be pulled as it's completely false and misleading.
C2 Blockchain Inc. is a next-generation cryptocurrency mining and technology company focused on harnessing the power of blockchain and artificial intelligence to drive digital infrastructure forward. Through secure and energy-efficient mining operations, the Company remains at the forefront of the global cryptocurrency ecosystem, with a strong emphasis on sustainability and cutting-edge hardware deployment. In addition to its mining operations, C2 Blockchain is actively expanding into the integration of artificial intelligence to optimize data processing, automate mining analytics, and explore new frontiers in decentralized AI applications. The Company also maintains a strategic digital asset treasury program, selectively acquiring high-conviction tokens and supporting next-generation blockchain ecosystems such as Cardano. By combining proven mining expertise with emerging AI capabilities and blockchain investment strategies, C2 Blockchain Inc. is building a future-ready platform designed to unlock long-term value in the evolving digital economy.
Name one thing Jacobson has done in this description aside from buying DOG Coin.
"selectively acquiring high-conviction tokens" I love it! 🤣
Slojab
1月前
What is Jacobson thinking!? He's now set 1.5B as the new goal for acquiring DOG Coin. And to point out the lunacy of this plan, he posts this on his website.
Live Treasury Value $672,387.15
1,072,387,792 DOG @ $0.000627
Avg Buy $0.001961
Cost Basis $2.10M
P&L $-1,430,565.31 (-68.0%)
Slojab
2月前
How is this even possible?!
General and administrative expenses $19,316,202
Net loss $(21,735,929)
And what were "sales" from?
Sales $17,523
Ah, read on and discover it all! Who knew?!
For the three months ended March 31, 2026, the Company generated total revenue of $17,523 compared to $13 for the three months ended March 31, 2025. Revenue during the three months ended March 31, 2026, consisted entirely of sales of collectible silver medallions.
These are tough times. LOL
In October 2025, the Company purchased a corporate vehicle for use in Company operations. This asset was being depreciated for five years using the straight-line method. However, on March 1, 2026, the Company sold the vehicle. The associated vehicle loan was paid in full and the Company posted a $1,551 loss on the sale of the asset. As of March 1, 2026, depreciation expense totaled $4,039.
Pay particular attention to Note 8!
Damn, this is a long and dreary document. Good luck getting through it all. I give up. My condolences to shareholders.
https://investorshub.advfn.com/stock-market/USOTC/c2-blockchain-pk-CBLO/stock-news/98580051/form-10-q-quarterly-report-sections-13-or-15d
Slojab
2月前
So, Jacobson makes it a point on his website to let shareholders know that his 1M plus DOG Coin holdings has a value of $794,014 at $000795.
What he doesn't point out is how much it cost him in debt to acquire those shares. And that his average cost is above $.000795. So, his investment is deeply underwater.
Now, consider that the market value of CBLO is $13,484,154 at $.06.
Slojab
3月前
Those shares shouldn't have been issued in the first place. The market cap is still absurdly high.
Market Cap Market Cap 13,256,154
Authorized Shares 1,500,000,000
Outstanding Shares 220,935,905
Restricted 167,310,080
MIAMI BEACH, FL / ACCESS Newswire / April 16, 2026 / C2 Blockchain, Inc. (OTCID:CBLO), a blockchain infrastructure and digital asset treasury company, today announced the completion of the rescission and cancellation of 245,000,000 shares of its common stock, which have been returned to the Company's treasury.
The cancellation was completed pursuant to resolutions approved by the Company's Board of Directors and processed through the Company's transfer agent.
Significant Reduction in Outstanding Shares
As a result of this completed action, the Company's issued and outstanding common shares have been reduced from 465,935,905 shares to 220,935,905 shares, representing a 52.6% reduction in the Company's outstanding common shares.
Management believes this reduction strengthens the Company's capital structure and reflects ongoing efforts to maintain disciplined equity management practices and align long-term shareholder interests.
Following the cancellation, the Company confirms that its governance structure remains unchanged, and voting control continues to be maintained through the Company's outstanding preferred stock, which carries enhanced voting rights.
Management Commentary
"The completion of this share cancellation represents a significant step in strengthening our capital structure and reflects our ongoing commitment to responsible equity management. We believe this reduction meaningfully enhances the Company's long-term positioning and supports our objective of maintaining a disciplined and transparent capital structure." Levi Jacobson, Chief Executive Officer of C2 Blockchain, Inc.
Unrestricted 53,625,825
Slojab
4月前
Jacobson must think his shareholders are naive idiots.
C2 Blockchain Announces Plan to Reduce Outstanding Shares by 245 Million to Strengthen Capital Structure
MIAMI BEACH, FL / ACCESS Newswire / March 16, 2026 / C2 Blockchain Inc. (OTCID:CBLO), a blockchain infrastructure and digital asset treasury company, today announced that its Board of Directors has approved a plan to reduce the Company's outstanding common shares by approximately 245,000,000 shares, subject to applicable regulatory procedures and corporate actions.
The share reduction initiative reflects the Company's ongoing commitment to maintaining a disciplined capital structure and enhancing long-term value for shareholders as it continues executing on its broader digital asset strategy.
The reduction is expected to occur through the retirement and cancellation of previously issued shares, which may include shares returned to the Company and subsequently retired in accordance with corporate approvals and transfer agent procedures.
"As we continue to execute on our strategy of building a leading digital asset treasury and expanding our blockchain initiatives, maintaining an efficient capital structure is a key priority for the Company," said Levi Jacobson, Chief Executive Officer of C2 Blockchain Inc. "This planned reduction in outstanding shares reflects our commitment to strengthening shareholder alignment while positioning C2 Blockchain for sustainable long-term growth."
The Company expects the reduction in shares to result in a material decrease in the total number of outstanding common shares, while the Company's authorized share count will remain unchanged. The process will be completed in coordination with the Company's transfer agent and in accordance with applicable corporate and regulatory procedures.
C2 Blockchain expects to provide additional updates as the share reduction progresses and once the final outstanding share count has been confirmed.
Slojab
4月前
At $.0008, the total value of DOG Coin now held by CBLO is $720,631. As I posted before the two latest acquisitions, the value from the last quarterly showed a cost of acquisition to be $1,661,044. That's a substantial loss.
Jacobson was accumulating DOG Coin heavily last Summer when it was trading above $.004. Now, it's below $.001!!!!
And the sp of CBLO has broken below support at $.10.
I wonder what Jacobson's exit strategy is. So far, his entry strategy sucks.
EpicSage
4月前
BREAKING $CBLO TREASURY UPDATE!
C2 Blockchain Inc. has increased its corporate holdings to 900,789,168 $DOG, adding +26,886,237 $DOG since the last update. $CBLO Treasury Update:
C2 Blockchain Inc. has increased its corporate holdings to 900,789,168 $DOG, adding +26,886,237 $DOG since the last update.
The Company continues executing its strategy of building a significant $BTC-native $DOG treasury.
Track the treasury:…— C2 Blockchain Inc (@C2Blockchain) March 16, 2026
Slojab
4月前
Current O/S is 465,935,905. The conversion of shares Jacobson just issued himself, nearly doubles that figure. No wonder he increased the A/S from 500M to 1.5B. Yes, it's good to be king. Or the CEO of an OTC company.
On March 11, 2026, the Board of Directors of the Company approved the issuance of 4,500,000 shares of the Company’s Series A Preferred Stock to Levi Jacobson, the Company’s sole officer and director.
Each share of Series A Preferred Stock carries one hundred (100) votes per share on all matters submitted to a vote of the Company’s stockholders and is convertible into one hundred (100) shares of the Company’s common stock, subject to the terms set forth in the Company’s Amended and Restated Articles of Incorporation filed as Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 5, 2026
EpicSage
4月前
$CBLO Treasury Update 🚨
$CBLO Treasury Update 🚨
C2 Blockchain Inc. has increased its corporate treasury to 841,265,672 $DOG, acquiring +21,878,389.4 $DOG since the last update.
The Company continues executing its strategy of building a significant $DOG treasury on the $BTC network.
Track holdings at…— C2 Blockchain Inc (@C2Blockchain) March 10, 2026
Slojab
4月前
There's no reason to think it won't dip below $.10 soon. Borrowed money going towards accumulating an asset that can't readily be sold even if it were for a profit, which it can't be at this time, isn't an investment anyone would want to make. I don't know what Jacobson is thinking. But then, I've said it many times, when you're using other people's money, you can do foolish things and not pay the price for it.
EpicSage
4月前
🚨 $CBLO TREASURY JUST EXPANDED AGAIN – 819M+ $DOG HOLDINGS AFTER FRESH 16M+ ACQUISITION! 🔥
C2 Blockchain ($CBLO) KEEPING THE PRESSURE ON: Corporate holdings now at 819,387,282 $DOG (Bitcoin Runes native) after adding +16,197,321.9 $DOG today! Largest public holder stacking HARD—>0.8% of total supply, disciplined Bitcoin-native strategy in full effect amid Runes protocol growth post-halving.
Custodied at Kraken, fully verifiable on-chain (C2DOG.com)—public proxy for $DOG upside + broader Bitcoin digital asset infra! OTC micro-cap (~$0.167 hold after recent momentum swings, mkt cap ~$76M) teasing volume explosion on accumulation FOMO. Chart support strong at these levels after prior rips!
Undervalued treasury beast—non-stop buys signaling conviction!
Who's loading more $CBLO on this relentless accumulation play? Drop your entry or target below 👇💰
$0.25+ rebound incoming? Or $0.50+ as $DOG pumps + treasury hits 1B?
Track live: https://c2dog.com
Latest update: @C2Blockchain announcement!
#CBLO #DOG #BitcoinRunes #Blockchain #PennyStocks #OTC #Altseason
Slojab
4月前
I wonder if Jacobson reads the board. I asked people here if they knew how much the company was in the hole with their DOG Coin purchases and even told them how much last year, so now he's added this to his 8-K.
Financial Reporting Considerations
Digital assets, including DOG (Bitcoin), are accounted for in accordance with applicable U.S. generally accepted accounting principles (GAAP). Under current accounting standards, digital assets may be subject to fair value measurement or other remeasurement requirements. As a result, fluctuations in the market value of DOG (Bitcoin) may impact the Company's reported financial results in future reporting periods.
The Company will provide appropriate disclosures regarding digital asset valuation and accounting treatment in its periodic filings.
Slojab
4月前
There it is. I pointed out numerous times how Jacobson was maxing out the 500,000,000 A/S in order to chase DOG Coin as it descended ever lower. Now, he's tripled it (!) in order to hit his target of 1 billion coins. Is there any rhyme or reason for that figure, 1 billion? No, it's just to impress.
The Amended and Restated Articles, among other things, increase the Company’s authorized capital stock to an aggregate of 1,520,000,000 shares, consisting of 1,500,000,000 shares of common stock, par value $0.001 per share, and 20,000,000 shares of preferred stock, par value $0.001 per share.
People can be very reckless when they're playing with other people's money. What makes it more egregious is that while he fritters away shareholder's money, he's paying himself very well.
The Company entered into an Employment Agreement with Levi Jacobson, effective February 1, 2025, for him to serve as the Chief Executive Officer (CEO). Under the agreement, Mr. Jacobson will receive a base salary of $20,000 per month ($240,000 annually), along with eligibility for a performance-based bonus of up to $250,000 annually. The bonus is contingent upon achieving specific operational milestones set by the Board of Directors, such as uplisting the company, securing financing, achieving revenue growth, or completing key acquisitions. The Board may also grant equity-based awards, such as stock options or restricted stock units, in accordance with the company’s equity incentive plan.
In addition to salary and bonuses, Mr. Jacobson will be entitled to participate in company-sponsored benefits available to senior executives, including health insurance and retirement plans. He will also be reimbursed for reasonable business expenses. The employment is at-will, meaning either party can terminate the relationship at any time, with or without cause. However, if terminated without cause, Mr. Jacobson is entitled to severance pay equal to three months of his base salary, subject to the execution of a separation agreement.
"It's good to be King" And an OTC CEO, as well. Same difference.
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