SEC halts Kodak branded cryto miner

Discussion in 'Industry News' started by Dmosher, Jul 16, 2018.

  1. Dmosher

    Dmosher Member
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  2. faberryman

    faberryman Subscriber

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  3. RattyMouse

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    Agreed. If this device was not using the Kodak name under license, then why didn't Kodak stop it? A company has to take action to protect its trademark. Declining to do so is grounds to losing control of the trademark.

    I dont know if it's related, but EK shares are down -5.5% as of now, now down a full -25% for the trailing month.
     
  4. faberryman

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    Back under $4.00 where they were before the Kodakcoin run up.
     
  5. RattyMouse

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    The Kash Miner was part of Kodak's cryptocurrency blitz earlier this year. Previous to that announcement the stock was languishing down near $3/share. After the announcement it blasted up to $12/share. Since then it has been on a continuous drop and is now just under $4/share. None of the cryptocurrency ideas have panned out and so the idea that somehow these corporate moves would represent something of a revival of EK's fortunes has evaporated.
     
  6. BradS

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    sheesh....it's all software (and computers) these days!
     
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