Tuesday, June 15, 2021 1:29:39 PM
OBTX 10-Q
$1.040 million of $1.153 million total revenue came from consulting and services. Only $72,000 came from sales of Crypto currencies and only $11,000 of that was interest.
The company announced a contract back in March...
OBITX Signs First Contract to Develop Blockchain for Green Technology and Engineering
Fleming Island, FL , March 18, 2021 (GLOBE NEWSWIRE) -- OBITX, Inc., (OTCMKTS: OBTX), an advanced software development and services company specializing in blockchain technologies and decentralized processing, announced today it was selected by Green Technology and Engineering, Inc., for the development of their proprietary, closed network, blockchain software. Under terms of the agreement OBITX received $240,000 as prepayment for the services, the contract minimum...
...The OBITX development and advisory team will begin immediately working with Green Technology & Engineering on identifying system requirements. OBITX expects to be working on this project over the course of the next 12 months.
It's likely that they received the balance of their $1.04 million 1FQ22 revenue from this source.
Les
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