Monday, July 05, 2021 3:19:19 PM
1) I buy/investor in crypto and sale for a gain. Sits in other revenue
2). I am paid in hex upon receipt of hex the value has gone up 3x, I am now recognizing the 3x revenue gain as part of service revenue . This was not an investment this was a payment converted to USD which is the functional currency of the company.
I challenge anyone who disagree to read the links from the company and the financial statement they were pretty clear but also not very transparent in the financial statements . A Mike Hawkins special - make it seem like there’s a ton of revenues when they aren’t really there or there’s a ton of caveats(mcig special )
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