new banking licences in india, page-34

I really like the enthusiasm frost. Countless times I have spoken to Gary and he has always given me a lot of confidence after every phone call. Everyone need to keep in mind that Gary Foster and Paul Boyatziz speak for about 20% of TSN issued equity in their direct names or immediate family. Another 5% or so is owned by their friends and other family. They have at least ~25% of this little sucker meaning that their interests 'are aligned with the remaining 75%.' TSN in my opinion has not been in a better position to capitalise on what I believe is a huge opportunity in India with an actual need to increase cash / electronic payments so the government can actually start taxing the other 99% of people that DON'T PAY TAX, in one of the biggest populations in the world. This is the China story all over again, probably on bigger scale IMO. The blue sky here is massive, but we need TSN to secure the first major ATM contract which will set the framework for every contract following. DYOR.