Buy Now Pay Later, page-75

1. I am a holder

2. The quarters of consecutive growth are a positive thing ....but remember thats coming off a very low base

3. The fact that there is no segmentation of earnings is frustrating as you cant really differentiate where the earnings are coming from

4. PIL made a big deal out their Bizmoto business - no one expects miracles ....but by definition the potential earnings will be made up of many many tiny transactions ....in fact it will need millions to be considered successful . No millions of transactions ....then no success .


The only way to monitor IF that is actually happening is to understand the following

4.a Actual number of users
4b Actual repeat rate of users
4.c actual number of transactions
4.d actual revenue per transaction

PIL have been totally obtuse in making any reference to this . Yet its such a critical dynamic .



They did in the last or second last quarterly point out the bugger all revenue came from Bizmoto .

The revenue they have reported ( I'm guessing ) is coming mainly from the wholesale bank clients they have .

Maybe thats where their revenue will come from ...who knows. ...at least until these customers work out that they could be using a better system ( I assume its the same basic IP as what Bizmoto is )

Meanwhile .....the fiasco about their placement etc etc .....