Company Quick10K Filing
Vortex Blockchain Technologies
10-Q 2019-12-31 Filed 2020-03-11
10-Q 2019-09-30 Filed 2020-03-11
10-Q 2019-06-30 Filed 2020-03-11
10-K 2019-03-31 Filed 2020-03-10
10-Q 2018-12-31 Filed 2020-03-10
10-Q 2018-09-30 Filed 2019-02-06
10-Q 2018-06-30 Filed 2018-08-14
10-K 2018-03-31 Filed 2018-07-16
10-Q 2017-12-31 Filed 2018-02-21
10-Q 2017-09-30 Filed 2018-02-21
10-Q 2017-06-30 Filed 2017-08-21
10-K 2017-03-31 Filed 2017-07-13
10-Q 2016-12-31 Filed 2017-02-15
10-Q 2016-09-30 Filed 2016-10-20
10-Q 2016-06-30 Filed 2016-08-29
10-K 2016-03-31 Filed 2016-07-22
10-Q 2015-12-31 Filed 2016-02-22
10-Q 2015-09-30 Filed 2015-11-16
10-Q 2015-06-30 Filed 2015-08-19
10-K 2015-03-31 Filed 2015-07-14
10-Q 2014-12-31 Filed 2015-02-12
10-Q 2014-09-30 Filed 2014-11-13
10-Q 2014-06-30 Filed 2014-07-25
10-K 2014-03-31 Filed 2014-06-27
10-Q 2013-12-31 Filed 2014-02-12
10-Q 2013-09-30 Filed 2013-11-14
8-K 2018-10-17 Enter Agreement, M&A, Sale of Shares, Control, Officers, Shell Status, Exhibits
8-K 2018-05-31 Other Events
8-K 2018-04-27 Amend Bylaw, Other Events, Exhibits
8-K 2018-03-27 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-03-07 Enter Agreement, Sale of Shares, Control, Exhibits
8-K 2018-02-08 Officers

Vortex Blockchain Technologies Financials

VXBT Metrics, Comps, Filings

Quarterly | Annual

Business

The Company was incorporated in the State of Nevada under the name "UA Granite Corporation" on February 14, 2013. Our Articles of Incorporation initially authorized us to issue up to 75,000,000 shares of common stock, par value $0.00001 per share. Subsequent to our fiscal year ended March 31, 2018, on April 30, 2018, upon approval by our Board of Directors and majority stockholders on April 27, 2018, we filed Amended and Restated Articles of Incorporation with the Nevada Secretary of State, with a delayed effective date of May 15, 2018, increasing the number of authorized shares of common stock from 75,000,000 shares to 200,000,000 shares. In connection with the amendment and restatement of our Articles of Incorporation, our Board of Directors and majority stockholders also approved and adopted the Amended and Restated Bylaws of the Company on April 27, 2018. Effective May 31, 2018, pursuant to our Amended and Restated Articles of Incorporation and upon completion of processing by the Financial Industry Regulatory Authority ("FINRA"), we changed the name of our Company from "UA Granite Corporation" to "Vortex Blockchain Technologies Inc." in anticipation of a change of our business plan and direction. Also effective May 31, 2018, upon approval by our Board of Directors and majority stockholders and upon completion of processing by FINRA, we effected a 15-for-1 forward stock split of all our issued and outstanding common stock, which increased the number of issued and outstanding shares of common stock from 1,400,000 to 21,000,000. Since inception, the Company has not been involved in any bankruptcy, receivership or similar proceedings, and there have been no material reclassifications, mergers, consolidations, or purchases or sales of a significant amount of assets outside the ordinary course of business by the Company.

We are a development-stage company with no revenues and no assets. As a result, we have incurred losses since inception. Our limited start-up operations have consisted of the formation of our Company, development of our business plan, and efforts to raise capital. We originally intended to operate in the business of marketing and distributing finished granite products, but have since discontinued our efforts related to granite products due to economic and political difficulties. We are now in the process of seeking out other business opportunities and pursuing additional financing in order to maintain operations while we evaluate potential business opportunities.

To date, we have been unable to raise sufficient funds to implement our business plan and operations, and we do not believe that we currently have sufficient resources to do so without additional funding. As a result of the current difficult economic environment and our lack of funding to implement our business plan, our Board of Directors has begun analyzing strategic alternatives available to our Company to continue as a going concern. Such strategic alternatives include raising additional debt or equity financing, or consummating a merger or acquisition transaction with a partner that may involve a change in our business plan, such as a merger, acquisition, share exchange, asset purchase, or similar transaction in which our present management will no longer be in control of our Company and our business operations will be replaced by that of our transaction partner. We believe we would be an attractive candidate for such a business combination due to the perceived benefits of being a publicly registered company, thereby providing a transaction partner access to the public marketplace to raise capital.


Valuation ($)

Market Cap, Enterprise Value

Balance Sheet ($)

Assets, Equity

Income Statement ($ Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($ Quarterly)

Ops, Inv, Fin

Comps ($ TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Stemcell Holdings (STMM) 113% -1.0 26% 12,032,848,000 6,023,444,000 7,313,554,000 8,234,525,000 3,099,084,000 4,927,199,000 -5,115,749,000
FCCC (FCCC) 1.5 -61% 92,000,000 3,000,000 0 0 -56,000,000 -56,000,000 -82,002,000
Tapinator (TAPM) 0% 0.1 -99% 1,783,274,000 951,832,000 4,322,948,000 0 -1,761,567,000 -1,761,567,000 -260,211,000
Nogales Resources (NLRT) 0% 517,000 187,974,000 0 0 0 0 -519,000
Golden Growers Cooperative (GGRO) -0% 0% 26,919,000,000 2,171,000,000 42,425,000,000 -45,000,000 0 0 -3,508,002,000
Northern Power Systems (NPS) 22% 0.4 -27% 8,927,000,000 13,901,000,000 18,317,000,000 4,050,000,000 -2,379,000,000 -1,701,000,000 -670,002,000
Twin River Worldwide (TRWH) 0% 4.0 4% 1,070,918,000,000 808,153,000,000 393,158,000,000 0 41,775,000,000 112,100,000,000 449,559,999,000
Bio-En (BENH) 0.1 -643% 10,396,000 149,279,000 0 0 -66,818,000 -66,818,000 -4,687,000
Southwest Iowa Renewable Energy (SIRE) -1% -47.3 -1% 140,863,000,000 51,558,000,000 216,993,000,000 -1,931,000,000 -1,169,518,000 -536,518,000 25,395,999,000
Texas Republic Capital (TRCC) 0% 8.9 -5% 26,314,961,000 14,988,148,000 930,677,000 0 -1,274,149,000 -1,274,149,000 -11,327,584,000
Fannie Mae (FNM) 28.1 0% 3,494,436,000,000,000 3,484,094,000,000,000 0 0 13,025,000,000,000 119,732,000,000,000 3,361,547,999,999,000
CBA Florida (CBAI) 43.6 -1% 14,544,469,000 597,854,000 0 0 -210,911,000 -260,844,000 -11,367,563,000
Pacific Gold & Royalty (PCFG) -7.1 0 3,799,496,000 0 -2,545,000 -238,328,000 -45,194,000 319,839,000
BoxScore Brands (BOXS) 33% -8.3 -540% 312,912,000 7,564,280,000 338,295,000 110,302,000 -1,690,277,000 -701,925,000 5,793,309,000
Quest Management (QUEST) 27% -0.3 129% 12,526,000 6,028,000 45,177,000 12,318,000 16,132,000 16,164,000 -5,306,000
Zhen Ding Resources (RBTK) 0.1 48,309,900% 0 0 -483,099,000 -68,261,000 -6,097,000
Hines Global REIT (HGRI) 0% 1.7 19% 2,010,946,000,000 999,520,000,000 205,149,000,000 0 388,366,000,000 421,651,000,000 715,766,999,000
Wadena (WDN) 0% 0.0 -2,344% 11,999,000 696,137,000 87,000,000 0 -281,214,000 -278,021,000 -5,132,000
Galera Therapeutics (GRTX) 1.3 -17% 79,758,000,000 52,298,000,000 0 0 -13,351,000,000 -12,433,000,000 -15,719,002,000
Chase General (CSGN) 26% -0.5 -2% 1,563,342,000 1,016,098,000 2,493,194,000 657,636,000 -32,054,000 13,371,000 -6,929,000

Balance Sheet ($)2013-09-302013-12-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-30
Cash3,266,00023,244,0005,221,0004,221,0001,755,0003,118,000602,00095,000210,000662,00000000
Accounts Receivable
Inventory
PP&E
Assets3,266,00023,244,0005,221,0004,221,0001,755,0003,118,000602,00095,000210,000662,00000001,387,0000
Accounts Payable4,949,0009,502,00016,676,0006,487,0001,460,0001,086,0002,317,00037,970,000592,000
Long-Term Debt
Liabilities7,123,0007,123,0007,123,0007,123,00010,933,00016,832,00022,885,00030,357,00035,168,00036,663,00042,358,00050,905,00052,518,00053,485,00058,143,000100,477,000102,288,000198,221,000362,288,000
Stockholders' Equity-3,857,00016,121,000-1,902,000-2,902,000-9,178,000-58,143,000-100,477,000-102,288,000-196,834,000-362,288,000
Income Statement ($)2013-09-302013-12-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A022,000004,806,0001,353,0001,500,000120,000200,0001,526,0003,768,0002,102,000500,0001,531,0003,000,0001,200,0000192,914,0002,895,000
Tax0000000
Net Income-1,102,000-6,124,000-2,351,0002,671,000-6,407,000-4,732,000-8,803,000-8,311,000-5,081,000-2,202,000-6,347,000-8,866,000-3,223,000-1,974,000-5,701,000-43,494,000-2,970,000-283,149,000-167,703,000
Cash Flow ($)2013-09-302013-12-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-30
Cash Operating-6,022,000-14,750,000-1,000,000-6,276,000-1,587,000-4,016,000-822,0000-5,000-3,385,000-9,433,000-3,647,000-1,320,000-1,750,000-3,500,000-51,000,000-4,870,000
Cash Investing
Cash Financing20,827,000003,810,0002,950,0001,500,000220,0000100,0003,500,0009,885,0002,985,0001,320,0001,750,0003,500,00051,000,0004,870,000