Everything Blockchain Inc (EBZT)

[lesgetrich]

As I pointed out, all of your quotes talk about a transaction. The crypto growth is not recognized until it is sold. The actual numbers in the financials bear this out. If your company bills $10,000 in services, when that invoice is paid, it's recorded as a receipt of $10,000 even if it was paid in HEX. It doesn't matter if on the same day you're paid the value of the HEX reached $11,000. You only received $10,000 for your services. Your HEX is recorded as an asset at a cost of 10,000. At the end of the quarter, it may be worth $12,000 or $8,000. If you sell it on the last day of the quarter you either record a profit/revenue of $2,000 or a loss of $2,000. If you haven't sold, you record the value of your crypto asset as $12,000 (or $8,000) with a cost of $10,000. There's nothing mysterious about that other than how you've come to a different conclusion than what you actually see in the financial numbers.