You must have a memory like a gold fish.
We just spent the last month discussing that W2V is working on more product development, has strong revenue growth & a growing customer base. 10 new clients per week going off last year figures. W2V would have signed up another 10 customers by this Friday & another 10 by next Friday. Perhaps more, who knows.
Don't you get it?
The business is growing!!
Even multi billion dollar blue chip stocks do CRs, this is the stock market mate.
I hate dilution & consolidations just as much as everyone else, but a $1.5 million raise is peanuts compared to what $5,000 debit cards could do for revenue. Remember W2V is looking to charge $10 a month per card, plus admin licence, commission on any VAT refund & Amos said customers are happy to pay!! The card will expand to US & Australia next year as well.
All this is on top of current revenue!!
I await the next Ann from Amos.
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