Metaverse Capital Corp (GBCHF)

[timez1000]

This doesn't make much sense.

During the year ended April 30, 2019, the Company entered into a settlement agreement with a vendor whereby the
Company transferred cryptocurrency mining machines with a net book value of $26,096,075 to the vendor in exchange for
settlement of an aggregate amount of $1,013,659 accounts payable due to the vendor. This settlement resulted in a loss of
$25,082,416, which is included in the results of discontinued operations (Note 10)

So they forfeited $26 million worth of mining equipment to pay off a $1 million dollar debt?? Could this be part of the settlement agreement?