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DMG Blockchain Solutions Inc. V.DMGI

Alternate Symbol(s):  DMGGF

DMG Blockchain Solutions Inc. is a Canada-based vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. Its business lines consist of Core, which includes data center operations, and Core+, which provides software and services. The Company operates its transaction verification services business, commonly known as Bitcoin mining, in Western Canada. The Company owns and operates its data center in Christina Lake, BC. Its regulatory and compliance platforms include Terra Pool, Blockseer Walletscore, Mine Manager and Blockseer Petra. Its crypto safety and security platforms include Blockseer Intelligence, Blockseer Exchange and Blockseer Breeze. Its Blockseer Walletscore platform is focused on anti-money laundering (AML) compliance obligations with a custom DMG application programming interface (API) for crypto exchanges to payment platforms to interconnect and utilize this platform.


TSXV:DMGI - Post by User

Post by Howard46on Jan 27, 2022 11:07am
263 Views
Post# 34366622

Question Auditors' Review-August 30-2021-More Closely?

Question Auditors' Review-August 30-2021-More Closely?https://dmgblockchain.com/wp-content/uploads/2021/11/Q3-financials-.pdf

The August 30 Manning Elliott -CPA review should perhaps have been questioned much more closely by all of us.

The apparent Ratio : Assets vs Liabilities are reported at June 30,2021 as:

Total Assets=      $ 108,558,929  Inclusive of Cash - $47,461, 615
Total Liabilities = $    4,659,494

Clealry an extremely healthy position to share with and influence investors.

Was this mis-stated?
Surely a standardly organized company with the noted financial condition would be able to meet their ordinary filing/reporting requirements in the months since the last filing-Quarter ended June 30, 2021 
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