Everything Blockchain Inc (EBZT)

[Perfectson]

Unfortunately the quote below is being used to mislead readers

I simply ask that anyone interested click the link provided for the 10Q and go to page 4 , which is the balance sheet. Balance sheet accounts are arranged in order of liquidity. Under the assets, you will see cash, interest receivable, and current cryptocurrency net. The current cryptocurrency net is $2m

There is no other material movement in the assets, meaning the revenue is based on the increase in liquid cryptocurrency and due to the consulting recognition this revenue is related to a project that as undertaken months ago. So the revenue is inclusive of any appreciated amounts between contract date and payment date. There are no material gains elsewhere and no other balances.

There is another line called cryptocurrency net (it does not include current)

Current accounts mean they are fairly easily converted to cash and is not considered an intangible asset.

It’s right there on the balance sheet clear as day . Don’t be mislead by the quote and original post that is misconstruing simple accounting