Ann: Peppermint appoints Australian based global payments expert-PIL.AX, page-8

Hi Barney,
Thanks for posting.
One of the things that I like about PIL is that they aren't constantly spruiking the SP.
There was an interview with the CEO posted not so long ago in which he mentioned the cash burn rate and cash at bank.
Few CEOs are honest enough to mention the cash burn rate.
It was around $150k per month.
Cash at bank was 2.5M from memory, giving them over a year of funds at current rate.

Chris also mentioned that The Philippines currently has a growth rate higher than China.

Having travelled there on business repeatedly since 2000 I can say that growth seems to be strong to very strong there.
Having lagged behind the rest of Asia for a long time, it has plenty of room to catch up still.
The Peso is strong signalling confidence in the country.

Quarterly is due around end of Oct, so while it may be hard to wait it out, my feeling is that it will be worth it.
PIL are laying the groundwork for growing revenue streams in a growing market.

I'd say.. don't stress if you don't hear back from them...
Hang tight, and top up.
Cheers
Coco