It's just the beginning for Spenda!, page-406

Just realised I've been a bit negative in my last few posts. I'm still a big believer in the companies direction.

When the $50m agri business DW is established it won't take long with loan sizes of $1-$5m to get it up to capacity and at 19% yield that's annualised revenue of $9.5m. It won't happen over night but that's the opportunity in front of us. I'm sure once that proof of concept is proven we will set up larger DWs and continue to grow.

I think what people are missing from the quarterly and commentary is when the company says they are focusing on existing customers and opportunities they are referring to trade finance clients that Fresh Supply and Mastercard have referred to them that they can't currently lend money to because we don't have the ability to do it off of our current balance sheet.

On top of that there is still a focus on growing SaaS and payments revenue thorugh the Spenda AR & AP modules. This is how they then sell BNPL side of the business with the Whola agreement a proof of concept on how that will work. This will also grow when the secondary DW is set up.

We will get there I just hope my oppies are in the money when we do.