I’m beginning to think there is a bigger force at play here than we realise. The big four and the likes stand to suffer if this distracting technology takes hold. Not just CRO, but any other tech company that offers something different to the traditional banking models they have held dear for years. Its the big traders in these organisations who can take a hit on a share in order to demoralise a stock and scare off potential investors.
There is no way CRO should be retreating after that announcement.
Ann: Cirralto to Provide Funding Services to eBev, page-79
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