Thought I'd check out the latest financial reports from BCF to see if they're doing any better - they're not.
Company deficit has risen to
$12,667,881 from $12,315,218 which is up by ~$350,000 from three months ago, while company losses have risen to
$1,154,541 from $801,878 - again another ~$350,000 increase - coincidence?
Again the auditor expresses his concern about the future of BCF:
The Company’s condensed consolidated interim financial statements at March 31, 2019 indicate an accumulated deficit of $12,667,881 and a comprehensive loss of $1,154,541 during the six-month period. The Company currently does not have any significant continuing sources of revenues and the Company will be reliant on its ability to monetize the Company’s sales pipeline to continue operations. The uncertainty regarding the future sources of revenue or cash flow indicate the existence of material uncertainties that cast significant doubt about the Company’s ability to continue as a going concern.
Interestingly, the very last paragraph of the report states that Daniel Wasyluk resigned as President of the Company on May 30, 2019 - seems to be some seat swapping going on at BCF for some reason.....
Source: https://webfiles.thecse.com/sedar_filings/00031166/1905301959275471.pdf
Syscoin market continues to crumble & is now approaching the half sat value with no sign of stopping.
The end is nigh?