Wewards, Inc. Reports Earnings Results for the Third Quarter Ended February 28, 2019
April 12, 2019 at 05:02 pm EDT
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Wewards, Inc. announced earnings results for the third quarter ended February 28, 2019. For the third quarter, the company announced net loss was USD 347,031 compared to USD 1.103 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.14 a year ago. For the nine months, net loss was USD 1.299 million compared to USD 3.836 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.47 a year ago.
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. 
