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Re: Perfectson post# 512

Monday, 07/26/2021 4:20:09 PM

Monday, July 26, 2021 4:20:09 PM

Post# of 645
I did show it to you. You're just not paying attention, although the pps today should be proof enough. Look at the yellow on the Statement of Cash Flows...




Note that the revenue number from the Income statement is already included in the net profit number $767,000 at the top of the page. The Cash Flows From Investing Activities shows they spent $1,953,000 for "Acquisition of cryptocurrencies, net". On the Balance Sheet, this is added to the $214,000 in assets from the previous quarter to show "Total Current Assets" of $2,218,000 as of April 30, 2021. Again, this is a picture of their accounts on that day.



You can see the source for that valuation later in the 10-Q...



Les