BCFN is not in a deficit of any kind.
Well, after looking at the financial reports of Blockchain Foundry, which are signed by both Daniel Wasyluk (CEO & BCT post deleter) & Christopher Marsh (CFO), that doesn't appear to be the case:
https://webfiles.thecse.com/investorx/BCFN/1805301938226727.pdf?kY9yLTSm3Jn9nsI9HuLoE1nMoeU1.qlmThe documents clearly state:
The Company has an accumulated deficit of $2,505,196 as at March 31, 2018, and $2,157,124 as at
September 30, 2017. The Company's ability to continue its operations and to realize its assets at their
carrying values is dependent upon obtaining additional financing and generating revenues sufficient to
cover its operating costs, all of which indicates the existence of a material uncertainty that may cast
substantial doubt about the Companys ability to continue as a going concern.
I'm afraid that this really is quite a damning report on Blockchain Foundry. It also confirms the various (deleted) posts from Syscoin users that they are in desperate need for a cash injection, which can explain the dumping of Syscoin & dubious partnership with peermountain & their very, very shady ICO & a non-existent product. It looks like a typical cash-grab & nothing more.
This, together with the censorship & refusal of Daniel, Christopher or Sebastian to answer any question relating to Blockchain Foundry on the Syscoin thread only fuels Syscoin investors concerns. Deleting & censoring is not the way to deal with the situation - it actually makes it worse & creates even more suspicion.
Meanwhile, the dumping continues......
likely you can look at any startup and make similar claims because they start with no assets. That is pronably.the cost of r&d which is expected as it gives ru nway to prove ourself in market.
bcfn is starting to become profitable as the goal always was. We have an edge as early adopters who know their stuff that really helps people in developing solutions.