Ann: $264m Damages claim against ASX for misleading conduct, page-161

I was at VGW’s AGM last year in Sydney. A big issue that needed to be addressed was AML. Obviously due to the nature of their company. ISX was brought up as a potential solution to solve this problem and the management board were ambivalent due to negative press as reputation is extremely important to them. VGW are highly respected in the industry and are seen as a poster child of a extremely well managed and successful growth company.

VGW as a client for ISX would be what AWS is to Amazon and the App Store for Apple. Constant revenue coming in each month that can be used to pay dividends and maintain R&D to grow further. A partnership with VGW would provide instant credibility in the gaming industry as multiple gambling companies need to address AML to protect their business. ISX could potentially become the “go to company” and the gold standard for gambling/gaming companies to secure their transactions and manage external risks.

10 gaming contracts with similar fee structures as VGW can easily be achieved if ISX can lock in a partnership with VGW.