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Re: None

Tuesday, 05/01/2018 5:37:41 PM

Tuesday, May 01, 2018 5:37:41 PM

Post# of 42940
After the earnings I hope we can all agree that this is not a scam. If you still feel that way please see yourself out. After reading through the earnings a few times we have paid down debt and spent some on advertising, these are very big in terms of our longevity. We have made a huge increase in our revenues, if this trend continues we may become cash flow positive by the end of year. We had a net operating loss of $782,107 a portion of this was due to all the moving parts needed to develop the app. We have $494,443 in the bank meaning that we may be able to avoid needing to raise any funds this year. If you go back and look at the BTC chart the end of the year was just a small amount of the crypto craze, a larger portion of that occurred during January- February as well as the volume of trading hasn't really let up since. These are all good things for us and leads me to my point of these earnings were very good. The only downside was how much we are spending, but keep in mind that we are a growing company and we are doing a good job IMO of balancing what we owe to what we are bringing in keeping us from needing to die much dilution or debt. If you take a closer look we have increased our assets up to almost $1m from around 400k worth which means we are doing meaningful purchases. We also have the ability to trim some fat off the balance sheet this year as we may not have to pay that 200k for consulting which I'm assuming was for app development as well. We are due another set of financials by the end of May and we are due an app by the end of June or another extension but I don't see it happening again. If the fianacials made you anything but optimistic please feel free to share your concerns. My estimates for our 2018 revenue based on what I saw is 750k of profits from our platform, but that will be adjusted as we start to see the interim financials roll in thought the year. The interest is going to continue to roll back into the cryptos as BTC breaks over 10k in the next few weeks, for me this is a long bullish play.