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spk_0: hello ladies and gentlemen and welcome to was really easy major groups first class whites for the water or itself at school at the time i would like to inform you that this will be recorded a all participants are was will road join us where was your words your tongue a gm groups toshio was huge leave the company's close you feel was just leaving server companies jupiter it's officer first was your tongue or was legal review of the companies to highlight the workers was you sold your children's father's results before we begin our to remind you that the fuck what's wrong with his statements with it would really love a private securities litigation or for back to apply to follow also even southern states of historical fact that it's of else will are forward looking statements for looking statements are based on the estimates of assumptions by the shop the the terms of this experience and his perception of the store or church contributions and sort or go of it as well as other factors the company will he is irrelevant before looking statements about known about the rest are able to to use the mood for me every factors for towards the company's actual results or performance to go over to really sell those expressed or implied by the forward staples for information regarding this and other factors or including a couple filings with the as you see the company undertakes no obligation to operate formal his statements from for first quarter or other words or circumstances would you changes and such location a surprise will be required by law i would now like to recall with research on was you told to go ahead
spk_1: thank you operator and good morning everyone thanks for johnny and all upwards of twenty twenty one on each conference call today before i thought i would like to welcome to new members of our executive leadership team though he'll need to gingerly and the cs own is that what you post about their experiences and the industry resources should get nice and a block chain applications also our newly join the apple mr stevenson who has to the many leadership candidates on it and financial manager for the path to be pin years including including some you at the did accomplish we took we are look forward to leveraging all the airport lot expertise and insights in guiding the long term development have a gm go to college so for the first half of twenty twenty one as we watch deal in their business transformation our revenues were derived from detail of party software products technical support plan software customization service and a bundle sales of color up of debates on the judges due to the next fifteen in part from the global carbon nitrogen pandemic we cannot generate the fuel revenue during the six motors and it
spk_0: choose the king twenty twenty one
spk_1: our partnership with a australia life instead of financial field it's provider for social trading and educational what so this was delayed due to are frequently original locked down in australia and the child caused by the cold at night in pandemic we haven't we're doomed accommodation development with the the this australia boca and that expected to enter into that definitely an agreement your did during the fourth quarter of twenty twenty one however we are pleased of the strategic direction iraqis that was initiated recently in the past few mantis we have conducted significant transformation and upgrade our been is driven by our refresher a board of directors code and expanded management team we now have unify the leadership fully focused on too long term goals i'm satisfied customers and delivery launcher values was stockholders i was buying d companies infrastructure and technology to become one of the t suppliers gonna contribute contributors in the global blotchy he caught it than and with that our turn to call over to our coach your me to trudging the to provide them more details on our new a strategic initiatives don't get that are today week
spk_2: gay doing here groaning under one and the thank you for joining us today i am very excited to join a gm group to capture the great opportunity in the block chain and the crypto currency market
spk_3: i was fortunate to have entered the three totally feel deceived to lead their king and have pretty indicated in gamer and can be a real breakthrough within the industry
spk_1: while my specialty pays is to pledge has the ability for the world wide the crypto currency miners which is more critical than ever given the global cheap shot shortage doctor bored to tears thirty years an indepth understanding of the to the knowledge applications as well as a well known reputation and ten feet network with the in the industry due to their he can he the time spending the high performance computing research in the past the years
spk_3: doctor what do and i will be jointly responsible for the a a cheap are in the d and the privy to my name creeping manufacturing and sales expanding our products to read the overs being cheating apply them than that worse and the providing the in the we he opted my leash a solutions for the kinds
spk_1: our plan is to perdition a gm do as enter integrated technology company with blogger had already he did these stick shift dubai buy device the critical minor production and the think had up to we're series our actions including adding taken and early to a little sandy's is the leaders to the organization and a luncheon our first house brandy the elite group crypto minor coin minor feet fifteen with the best a of meters in this world we also continued to expand our beloved chair and have been factor publication to actively seek opportunities to introduce the blockchain based m f t and a defined acknowledges into eat the products
spk_3: as part of our choosing our recent dragic partnership with high shop is aimed to accelerate growth for both companies been done but the growing global crypto currency market by leveraging are a unique jones and the assets for software development
spk_1: technical services capabilities and the next generation high performance eighty shipped divine in order to expand beloved chant orientated a picture research and development as well as to extend the food service of truth to mining equipment manufacturing and feels in addition we didn't have reached wholly owned subsidiaries is singapore and hong kong for providing software development and because out service for asian with landed to establish office and the research illiteracy hong kong and singapore at both the region had clear records her read real work towards crypto assets and the blockchain chanting the knowledge as well as available to the near professionals looking ahead we are up to nitpick about the development of our new business in to be to mining equipment as the command for a high and the bitcoin miners in the united states and canada continues to rise legal pad that our thief legal team miners to capture a can see honorable amount of otters in this favorable trend as we launch sales the in the united states canada and europe now i will turn to pull over to our see apple mr stevens been or we'll review and a common our results thank you in june and thank everyone for being on the call i'm very honored to be part of the team here at each year actually had been exciting constantly time i will summarize compete by nature result of a couple who need than one read my comments on the other we resolve only for to the top twenty one of the six month and then on june thirtieth anything one oh competitive them to the party you up and the june thirtieth or anything team are like other one during for doing that the powerful plenty plenty one year earlier they did you do not generate material revenues you to the negative impact on called the night
spk_4: a total revenues were
spk_1: a thousand and four him on the line follow your wife amal we software products had a good support line and software like of my vision for the two seconds
spk_4: although we are shifting our caucus to block in business
spk_3: it ain't the language or experiences and resulted in occurrence of like services witness why did not pop and opportunities as hundred indicate that earlier we are fucking to expand our current tax software services the blocking believe that ailments
spk_4: what limited revenue generation we were very vigilant on cop control of have an expensive
spk_1: decline compared to the same period if resulted in a narrower that lot of
spk_4: five hundred and seven thousand
spk_1: compared to six hundred and fifty nine of them are the public anything now let's look at a balance sheet and liquidity i've got june thirtieth plenty plenty one and with them democratic better than anything that that because anything we had working capital one three million and three point six six million respectively including cash and cash equivalent of one hundred and fifty one thousand and six hundred sixty five thousand respectively as a result we believe that our current i think has to be generated from operation will be published in the middle looking cut with on games or anything like sharpness we are not dependent upon acceptable along with plan to expand our business the incremental go strategies by blotting also the them strengthening up with this and in the marketplace net cash you'd been operating activities were three hundred and forty thousand developed any thirty one as compatible hundred and seventy seven thousand and on same period last year no cash stand in investing if to be for the top of anybody one compared the next have you met being a it be of seven haven't got one hundred ninety five dollars for the thing period of last year like has provided by financing of each one hundred and forty two or three thousand or the good novel and we've been one compared the no cash spent in financing at be but it's same period of year
spk_4: it concludes our of commitment one by nature results with you make our shirts on long term perspective depending on new business initiated
spk_1: nothing but then how could anybody one we expect generate majority of our revenue from you could go mining equipment so she's long shot off but i am decline minus he's sixteen we have been actually been communicating with with the institutional clients
spk_4: in creeping recognition of crypto currencies go potential by over the actually fusions and a substantial increase in a number of institutional player in the criticality money business provides that they were about market friend boss
spk_1: we continue you will continue to strengthen our the capacity to stabilize or production capabilities and for the upgrade out and know you
spk_5: in addition we were at gallery on that money many me for the development of in a way to eat and high performance products
spk_1: if you have any questions please contact us to email and i are at each the and pie dot com operator is complete stop it hadn't been and we are now open the questions please go at it
spk_0: i hear if we would like to ask the question for star the one on your couch telephone if you're using the speakerphone we ask for help her hands up before crossing the keys to try to question please press them to once again loses don't star than one if you have a quest and as a reminder of the work of course for his first started and one i would have an artist i will resume harsher answer session for hubert humphrey major worms or introverts control this goes on holiday
spk_6: you all thousand her
spk_0: i have a wonderful very good one
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