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lesgetrich

07/10/21 11:33 AM

#482 RE: lesgetrich #481

There was a typo on point 3 of my last post. It should read...

...Note that they owned $1,305,000 worth of Hex on that day. This means that unless they sold or traded some of their Hex during the quarter, their Hex investment grew by at least roughly $101,000 ($1,305,000 - $1,081,000 - $123,000) from the time they received the invoice payment.

Perfectson

07/19/21 8:58 AM

#487 RE: lesgetrich #481

The income statement show $1m because they are recognizing the hex revenue from a previous payment that has appreciated.


The 10q specifically said that the revenue for consulting would be earned over the life of the project (assume 9 months ).

Readers everything I said is in the statements , no reason to misconstrue …read the statements, it’s laid out right there. The posts I’m responding to is guessing and every post is different , while mine have been consistent and is backed by the financial statements , 10qs , and PRs.

However we can wait to see the multi-million hex project is