They already have cornerstone investors, the SI that tipped in...

They already have cornerstone investors, the SI that tipped in $18m at 9c

Reducing the huge wages would enable further lending

After all the capital raises they have only tipped in $1.2m as first loss position, they put as much into some Agri chump which we all know will never come back and another $1m in buying a wix website that no one's seen since

If the Spenda software is so great then sign the market up, and if you use up the $50m in loans in 90 days believe me there's plenty of lenders to get on board once you "prove" the model

So far it's pitta patter along after being told 100m month in transactions & 150m in transactions yet never eventuates, and even if it does, no one knows the breakdown of the fees paid to SPX, nor the % of transactions that are getting the full fee or an EFT fee?

Users won't pay 1.5% on a transaction they can do themselves via EFT for zilch or 20 or 30c been saying that for the past 4 years