Wewards, Inc. Reports Earnings Results for the Third Quarter Ended February 28, 2021
April 14, 2021 at 04:57 pm
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Wewards, Inc. announced earnings results for the third quarter ended February 28, 2021. For the third quarter, the company announced sales was USD 27,500. Operating loss was USD 365,010. Net loss was USD 489,390. For the nine months, sales was USD 62,499. Operating loss was USD 488,888. Net loss was USD 862,301. Basic loss per share from continuing operations was USD 0.01.
Wewards, Inc. is a developer and owner of a Web-based platform accessible by mobile apps (the Platform). The Platform enables consumers to purchase goods from merchants and earn rebates payable in the form of Bitcoin. The Platform provides a Bitcoin rewards ecosystem. It is designed to transform traditional concepts of commerce into a cooperative society where both merchants and consumers are collaborating, utilizing Bitcoin to reward consumers. The ecosystem provides consumers with rewards each time they complete a challenge defined by a merchant. It also owns technology and related rights associated with the game Megopoly, a Massively Multiplayer Online Game (MMO). Megopoly is an MMO board game where players are able to earn fractions of Bitcoins (satoshi) through buying, selling, and managing virtual real estate properties using in-game currency (Megopoly Coins). The game allows players around the world to interact with each other online.
WEWARDS, INC. 