Everything Blockchain Inc (EBZT)

[Perfectson]

It’s quite clear that the company has not described how they are consulting on behalf of hex and there has not been made known any hex applications that I’m aware of that’s currently live. HEX project is live and done, so we know it’s not anything code related . Since it’s basically a CD product the likelihood that they are building any apps that use HEX is slim as well. Therefore what likely has been happen in is that they have been and were paid (or bought previously) HEX amounts that were sitting in the balance sheet and these have been fully staked , which is where the interest has come from.

$72k in interest extrapolated for a year is about $300k . In order to generate $300k of interest at 40% apy , you would need roughly $750k in standing HEX. Hex has gone up 160x in the past couple of years, meaning a 4K investment would get you $750k. It’s more likely this company was an early investor or received “free” hex or hex as payment and have made a killing holding said hex , which where the revenue generation stems from (also they sold a suite of software).

Otherwise we would know what product /project they were working on.

Again the facts are right there , no need to make large speculative leaps