BTC Financial statement tidbits...Are a concern. $1,170 in cash (not a typo); almost total wright off of their entire "investments/holdings' (shares in other companies); 18 related party transactions; LESS than $2000 worth of "digital currency";$750,000 current liabilities including $630k accounts payable & $110k of loans; $37,000,000 of accumulated deficit; ONE Etherium (not a typo; they have ONE); THIS comment; "As a result of the decline in the Bitcoin price during the year, the Company performed an evaluation of the recoverable amount of its miners as at December 31, 2022. During fiscal 2023, the Company decided to exit the bitcoin market due to the depressed Bitcoin prices at the time, and the Company preformed an evaluation of the recoverable amount of its miners as at December 31, 2023". Countless shares for debt transactions prior to the roll back of 7:1 in June; On July 12, 2024, the Company granted 3,250,000 bonus warrants to officers and consultants at an exercise price of $0.05 for a period of 3 years from the date of issuance; And all of these "subsequent events;
20. Subsequent event On October 28, 2024, the Corporation settled $210,000 CAD in debt owed to two creditors via the issuance of 3,500,000 Common Shares issued at a price of $0.06 CAD per Common Share. On November 5, 2024, the Corporation raised $200,000 CAD via the sale of 4,000,000 Units at a price of $0.05 CAD per Unit. The Units contained 1 Common Share and 1 Warrant entitling the holder of the Warrant to purchase 1 additional Common Share at a price of $0.065 CAD for 24 months. On November 7, 2024, the Corporation settled $150,000 CAD in debt owed to one creditor via the issuance of 3,000,000 Common Shares issued at a price of $0.05 CAD per Common Share. On November 7, 2024, the Corporation raised $35,000 CAD via the sale of 700,000 Units at a price of $0.05 CAD per Unit. The Units contained 1 Common Share and 1 Warrant entitling the holder of the Warrant to purchase 1 additional Common Share at a price of $0.065 CAD for 24 months. On November 13, 2024, the Corporation raised $55,250 CAD via an exercise of 850,000 Warrants. The Warrants were exercised at a price of $0.065 CAD per Warrant. On November 13, 2024, the Corporation raised $4,550 CAD via an exercise of 70,000 Broker Warrants. The Broker Warrants were exercised at a price of $0.065 CAD per Broker Warrant. On November 18, 2024, the Corporation raised $260,000 CAD via an exercise of 4,000,000 Warrants. The Warrants were exercised at a price of $0.065 CAD per Warrant. On November 25, 2024, the Corporation raised $100,000 CAD via an exercise of 2,000,000 Performance. The Performance Warrants were exercised at a price of $0.05 CAD per Performance Warrant. On November 26, 2024, the Corporation raised $5,200 CAD via an exercise of 11,428 Broker Warrants. The Broker Warrants were exercised at a price of $0.455 CAD per Broker Warrant. On November 26, 2024, the Corporation raised $383,174 CAD via an exercise of 842,142 Warrants. The Warrants were exercised at a price of $0.455 CAD per Warrant. On November 29, 2024, the Corporation raised $383,174 CAD via an exercise of 842,142 Warrants. The Warrants were exercised at a price of $0.455 CAD per Warrant. On November 29, 2024, the Corporation raised $62,500 CAD via an exercise of 1,250,000 Performance Warrants. The Performance Warrants were exercised at a price of $0.05 CAD per Performance Warrant.
Pretty much ZERO value here; and a track record of losing money; $37,000,000 to date, and counting...