On April 5, 2018, Infrax, Inc. (the "Company"), su
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Posted On: 04/05/2018 7:44:06 PM
On April 5, 2018, Infrax, Inc. (the "Company"
, subsidiary of Cryptocurrency Corp, provides unaudited financial update and
highlights of the Company's key accomplishments for the first fiscal quarter ended March 31, 2018.
Unaudited Financial Highlights for the First Quarter 2018:
Consulting cash revenue totaled $658,000 as compared to $0 for the comparable quarter last year, an increase of $658,000 yearover-year.
Consulting token revenue as marketable tokens totaled 10M GETX coin and 50M SEA coin. The value of these tokens will be
assessed post exchange listing. But we estimate on an assumption that we have these tokens listed on exchanges without any
issues, the market value of the tokens will be as follows:
10M GETX = $8M
50M SEA = $5M
Ended the quarter with approximately $120,000 in cash as compared to $0 for the same period a year ago
, subsidiary of Cryptocurrency Corp, provides unaudited financial update and highlights of the Company's key accomplishments for the first fiscal quarter ended March 31, 2018.
Unaudited Financial Highlights for the First Quarter 2018:
Consulting cash revenue totaled $658,000 as compared to $0 for the comparable quarter last year, an increase of $658,000 yearover-year.
Consulting token revenue as marketable tokens totaled 10M GETX coin and 50M SEA coin. The value of these tokens will be
assessed post exchange listing. But we estimate on an assumption that we have these tokens listed on exchanges without any
issues, the market value of the tokens will be as follows:
10M GETX = $8M
50M SEA = $5M
Ended the quarter with approximately $120,000 in cash as compared to $0 for the same period a year ago
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