I'm not suggesting the additional revenue is a bad thing... What I'm saying is that there is margin uncertainty which is why Z1P can announce 10 million new customers next month, but if we don't know if they are providing 4% margins, or 0.7% it makes investors difficult to value this company and invest in it. This whole announcement this morning means nothing without understanding what this means to the bottom line. Don't take my word for it, take the market's.
"Let me break it down for you, nice and simple. More revenue streams = good"
I fear you've gone a little too simple (surprise, surprise). Zero consideration given to the fact that the 0.7% margin + $1 has to cover the funding costs of the 0.7% as well as provisions, bad debt charges and operational expenses associated. For all you and I know, this could be a break even, or slight profitable product. As I said... margin uncertainty...
Z1P Price at posting:
$5.97 Sentiment: Hold Disclosure: Held
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