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Wednesday, July 27, 2022 7:30:18 PM
And they sold $50K in unspecified equipment.
I noticed that, too. And it is a HUGE red flag, because their only equipment is related to the "mining operation". And selling that much equipment may be the confirmation that the operation is no more.
Also notice that the exact statement is "On June 23, 2022, the Company received cash proceeds of $50,000 for the sale of equipment". That is important, because it only details the cash proceeds, NOT the book value of said equipment (It should detail both, but I am sure PT is hiding most of the truth again). Chances are, the book value is much more than the cash proceeds. Which means....they might have sold off most, if not all, if their "mining equipment".
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