Sunday, October 25, 2020 6:25:26 PM
In another place in the financials it states that CCTL owns 576 Bitcoin.
Look in the 2019 Annual Report - on the Balance Sheet the Total Assets listed = $146,767 and that includes property and equipment = $105,024.
But Pillsworth claims to own 1000 S9 miners but in the Assets it is listed as: Miners = $36,000.
And the biggest problem is the Cost of Electricity = $12,750.
I did an analysis of the cost of operating 1000 S9 miners and the Cost of Electricity per quarter would be $400,000.
So Pillsworth isn't any better than Schaefer.
IG
Get ready scammers. Hell is coming to breakfast.
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