ies. ItBit's Board of Directors includes Shelia Baer, the former Chairman of the FDIC, Senator Bill Bradley, and Robert Herz, the former Chairman of the Federal Accounting Standards Board. LedgerX, another Blockchain Capital company, is an institutional trading and clearing platform that just received temporary regulatory approval fr

ies. ItBit's Board of Directors includes Shelia Baer, the former Chairman of the FDIC, Senator Bill Bradley, and Robert Herz, the former Chairman of the Federal Accounting Standards Board. LedgerX, another Blockchain Capital company, is an institutional trading and clearing platform that just received temporary regulatory approval fr

epared n accordance with IAS 34 Interim Financial Reporting, an accourtrg standard of the Irtematonal Firencel Repalrg Standards (IFRS) as issued by the International Accounting Standards Board The Company's ntenm condensed financial statements as of Manes 31, 2015 were approved fa issuarce by the Company's Chief Executive Officer and Creel

e ;re pa-a t on and fair presegraocro el trese co—toned financial statements m accordance with intematonar Finance! Reporting Standards as issued by the Irternat oral Accounting Standards Board. Ms inolixes the devgn implementation. and rna rtenance of internal control relevant to the preparabon and fair presentation of tie combined franc o

r 31. 2014 and 2013. The combined financial statements have teen prepared in accordance with U S generally accepted sob:ochre principles (11 S GAAP) The Francial Accounting Standards Board (TASB1 Accounting Standards Codification ('ASC') a the source of atithaltatwe U S GAAP lobe applied by nongovernmental entrees These combined financ

r Ire precerabon and fair presentation of these financial statements in conformly with Intematorel Financial Reporting Standards - IFRS as issued by the International Accounting Standards Board. Ors ncludes the design. inviemerdatiCil and maintenance of eternal control relevant to the preparation and fair presentation of financial statemert

the preparation and fair presentation of Mese finarcial statements in conformly with International Financial Reporting Standards - IFRS as issued by the Irternational Accounting Standards Board. the ncludes the desgn. implementabon and maintenance of eternal control relevant to the preparation and fair presentation of financial *teacarts th

ncial Accounting Standards Board Accounting Standards Codification Topic 815, Derivatives and Hedging (formerly known as Statement No. 133); or (2) Governmental Accounting Standards Board Statement 53, Accounting and Financial Reporting for Derivative Instruments; and (ii) such swap is: (A) not used for a purpose that is in the na

ncial Accounting Standards Board Accounting Standards Codification Topic 815, Derivatives and Hedging (formerly known as Statement No. 133); or (2) Governmental Accounting Standards Board Statement 53, Accounting and Financial Reporting for Derivative Instruments; w.4 (ii) such swap is: (A) not used for a purpose that is in the na

of the Inter- national Financial Reporting Standards (IFRS) and comply with these standards. The IFRS comprise the standards (IFRS, IAS) issued by the International Accounting Standards Board (IASB), London (UK) and the interpretations (IFRIC, SIC) of the IFRS Interpretations Committee (IFRS IC), as adopted by the European Union. 3.2 P