OTCPK:BLQC - Post Discussion
Post by
AveragePenny on Aug 23, 2021 11:18am
ISWH Reports Financial Data & Corporate Updates
https://www.globenewswire.com/news-release/2021/08/23/2284779/0/en/ISW-Holdings-Reports-Financial-Data-on-3-Months-Ended-June-30-Provides-Corporate-Update.html Financial Highlights for Three Months Ended June 30, 2021
- Net Cash increased by over 2,600% on a 6-month basis to over $2.3 million
- Total Assets increased 2,657% on a 6-month basis to over $4.9 million
- Total liabilities decreased 58%, and total derivative liabilities decreased 96% to under $750k
- Booked initial cryptocurrency mining revenues beginning during final weeks of quarter
Operational Highlights for Three Months Ended June 30, 2021
- Received, installed and switched on initial equipment to begin active cryptocurrency mining operations
- Entering Q3 with new partnerships, including partnership with Bitmain Technologies
- Minerset now confirmed as new shareholder, with incentives built in for more mining equipment as shares gain value
- Reached nearly $5 million in total assets
- Reduced liabilities from derivatives by over 96% and implemented new initiatives to prevent future dilution
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