Monday, April 08, 2024 5:14:17 PM
"Cash at end of period $821,803"
That was for 2019.
"Back in September 2014, the Company purchased 513 Bitcoins, 2 websites and 1 year of website hosting and maintenance for 74,000,000 shares of Company common stock. The Company also received cash in the amount of $10,000 in this transaction.
Because of technical problems, 15,000,000 of the common shares were actually issued in September, 2014 and the remaining 59,000,000 shares were issued in July."
Pillsworth was forced to remove the false and misleading information about owning 513 Bitcoin.
But the damage was done as many people invested in CCTL because they believed Pillsworth stated the company owned 513 Bitcoin and. All of those investors lost everything.
It was shameful behavior by Pillsworth - it is easy to verify ownership. And it is securities fraud to list an asset you don't own.
Pillsworth certainly was smart enough to call the Bank and verify that CCTL had $821K in their account - yet you still defend him.
IG
The First Casualty of Emotion is Reason.
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