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Blockchain Foundry Inc. C.BCFN


Primary Symbol: BLFDF

Blockchain Foundry Inc develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses. The company operates in only one business segment, namely consulting services. Its Primary services include Project-based contracts and Proposals. Some of its solutions are Syscoin Spark Wallet, Syscoin Price Peg Server, and Blockmarket suite. The company's geographical segments are the Americas, Europe and the Caribbean.


OTCPK:BLFDF - Post by User

Comment by Blockyon Dec 29, 2020 8:47am
105 Views
Post# 32190094

RE:Q2 is up.

RE:Q2 is up.Q3 is up

Revenue: 1.12 Mio
Net Income: 0,14 Mio


Q3 2020 business highlights and subsequent events:

  • Entered into a blockchain development agreement with NIX platform: The agreement has a duration of approximately six months and a value of approximately $60,000. For more information, please see the company's press release dated Sept. 1, 2020.
  • Entered into a blockchain development agreement with a GDPR (General Data Protection Regulation) compliance solution provider: The initial phase of the agreement has a duration of approximately four weeks and a value of approximately $50,000. For more information, please see the company's press release dated Oct. 5, 2020.
  • Entered into an agreement for a drawdown equity financing facility of up to $4-million over a 24-month period with Alumina Partners (Ontario) Ltd., a subsidiary of Alumina Partners LLC, a New York-based private equity firm: Subsequently, the company has drawn down three tranches under this agreement for total gross proceeds of $450,000. For more information, please see the company's press releases dated Oct. 6, 2020, Nov. 10, 2020, and Nov. 30, 2020.

https://www.stockwatch.com/News/Item/?bid=Z-C:BCFN-2999724

 
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