Pillsworth update! *repost*
I literally just got off the phone with Tom Pillsworth. I took the liberty of calling him on lunch break to see if things are what I thought. Here's the gist:
1. Phone number listed on otc markets is 100% legit. Reached the man himself. Seemed nice and openly answered questions.
2. The bitcoin listed on the previous sheets are factual. They are located on the sheets in the exact place I said they were due to IRS wanting them listed under company property instead of digital asset.
3. Asked him about the slander. he said he had no idea why a CEO would take so much time to slander another company, but he's been ignoring it. He's just running his operation and ignoring any false hype or negativity and focusing on the company instead. Taking the high road which is probably why he's been so quiet. Once the financials comes out it'll speak for itself.
4. He is in the process of setting up the new mining equipment and will be done around the end of March. The new equipment will be primarily responsible for mining other crypto such as litecoin, ETH, etc.
5. It's taken him almost 3 years to pick the company back up since previous management ran it to the ground but he's finally tying loose ends and the company's coming along well.
6. He does also believe a number of other crypto mining companies on the market are overvalued at the moment and running on the bitcoin hype. Doesn't know if they'll see a correction or when that may happen, which is also why he's not hyping or pumping his own stock based on potentially flawed valuation. However, every single update he's given about the company is truthful and he will continue to update as things progress.
7. The new earnings reports have/will be done soon. Most of it will be waiting on the otc market to complete the filing. Could show up as early as next week. The timeline for when things will be completed or show up on the otc site is not within their control.
8. Mining has been going on since 2018 either through Zafra or through his own operations.
That's just what I was able to ask in the limited time I was able to talk to him, but he's been able to assure me that the company is not only legit, but will do very well in the future.
