I agree, the high cost of sales showed it all - they're buying Bitcoin and selling them through Vault 51 at a premium. I think the recent dilution in combination with the increase in AS to 3 billion signifies more dilution to come.
I don't see much hope in a pivot back to the scam that was Bayside Petroleum, but hopefully we can at least get a big run out of it..
As suspected, the Bayside Bitcoin business ended up being a huge bust..