Obitx Inc. Just Filed Its Annual Report: The Company follows ...

The Company follows ASC Topic 260 – Earnings Per Share, and FASB 2015-06, Earnings Per Share to account for earnings per share. Basic earnings per share (“EPS”) calculations are determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS calculations are determined by dividing net income (loss) by the weighted average number of common shares outstanding plus the dilutive effect, calculated using (i) the “treasury stock” method for warrants and (ii) the “if converted” method for the preferred stock if their inclusion would not have been anti-dilutive.

The above information was disclosed in a fi ling to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Departure of Directors or Certain - Aug. 1, 2022
Obitx Inc.'s Chief Executive Officer just declared owning 42,246 shares of Obitx Inc. - July 22, 2022
Obitx Inc. director just declared owning 18,784 shares of Obitx Inc. - July 21, 2022

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