BPG 0.00% 0.9¢ byte power group limited

Ann: Update on Synstream Energy Corp. Heads of Agreement, page-54

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    In response to this, the deal with SoarLabs, gave SoarLabs 49% ownership of BPPL (subsidiary of BPG).

    I don't think this [49% ownership] would be reported as a liability or reported at all on a Balance Sheet?
    (But I'm not an accountant)!

    I understood/assumed that SoarLabs would just get 49% cut of the profits made by the Crypto Exchange once live.

    Cheers
    MSN
 
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