The report says the bitcoin was converted. no btc was saved as it needed to be turned to fiat to be useful.
we are not sitting on several thousand btc lol
The report does not say the avalon refund or IPO Bitcoins were converted, just the sales were converted.
I am sure a Bitcoin account can be held and still be useful, Ken can convert Bitcoin into fiat as needed. I really thought ActiveMining had a store of Bitcoin.
So all we really have is a grand total of $150,000? Thats not going to be enough for even one batch...
I thought the IPO funds were enough to cover the first batch expenses.