Everything Blockchain Inc (EBZT)

[lesgetrich]

The income statement show $1m because they are recognizing the hex revenue from a previous payment that has appreciated...Anyone who understands how to read financial statements can see that this claim is patently false by following the money in my post # 481.

My posts are different because you made two different claims.

1.) That $1 million in revenue came from appreciation of crypto assets
2.) That the appreciation wasn't shown on the financial statements so it must be in the revenue number.

Anyone who understands how to read financial statements can see that your claims are patently false by following the money in my post # 481 and the accuounting rules cited in #474, #475 and #478

1.)

Post #481


2.)

Post #474

Post #475

Post #478

The revenue came from their consulting contract, was paid in the invoiced $ value of HEX on the date of payment. The appreciation was recorded as an intangible asset as described in the above posts.