It was a good insight on how the company is running, my take is that the have to use FIAT cash AUD/USD to initially buy out the company or take it over but but when this occurs the revenue stream is then made in tokens or NFT etc and not back as cash so its easy to see that the company in old accounting terns is making a loss as the buy-outs they have made were paid in cash but there revenues they then earn are in Crypto and don't get converted back to cash unless necessary to pay staff, rent etc. This is why we have crypto/NFT/COIN assets of $22B.
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It was a good insight on how the company is running, my take is...
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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