Kodak Looking For A New Saviour - CryptoCurrency
As Kodak the once massive global industrial giant gently fades away, being left behind by new technology, it has found something to give itself a new lease of life.
The KodakCoin can it save Kodak's Ass.
Filing for Bankruptcy Protection way back in 2012 after failing to keep up with Digital Images, Kodak are now hoping that Crypto can give them a new lease of life.
The Kodak Coin will be offered at ICO, and is described as a coin to help photographers sell their work.
The stock market responded favourably to the news and Kodak's Stock Price doubled, but still their profits and sales continue to plod along into abyss.
Analysts are failing to see how the Kodak Coin will save Kodak, they are still $845 million in debt and don't have much to sell to pay off the debts.
To read more about the Kodak Coin ICO follow this link https://www.kodak.com/kodakone/default.htm
or search on google for Kodak ICO.
Thanks for info!
You are welcome.
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See how Kodak stock skyrocketed after the announcement:
This is a screenshot taken from Google showing price action of the last 365 days.
Amazing!
Daily Learn some new from your post. Love to read it.