Compared FY17 Annual to FY16
This company makes no sense. They have 15 Antminer S7 for a total of 71THs capacity (which means you can mine a whopping 2 BTC per year). 35K in fixed assets (down YoY, mostly rigs), which means nothing was added capacity wise in FY17. How does 15 Antminers S7 (garbage) justify the BTSC market cap.
They must be using investor money, and some how converting that to revenue(profit from buying and selling crypto), while increasing coins in their crypto wallets. Current cash and crypto wallets add up to approx 1.5M. Which is what... about 1/15th of the current market cap.
I could have just bought BTC in FY16 on my own, and would have made a 1377% profit.
