Ann: Spenda secures $50m debt warehouse facility, page-417

He is so full of gibberish crap, has NFI what he's on about
He said "I guess" at least 10 times and " I suppose" just as many this whole stock is a guess

Vending machines, 10% growth is solid, restructured, chopped out waste, return on capital, fortunate, getting it right, strategic deals, 500% growth, layers, key break even, income diversification, blending, flows, extremely pleased, very excited

Far out this muppet is grand delusional beyond comprehension

The DW lender has rocks in its head, he's worried about line fees but blows $3m quarter haha is he serious

This is not going anywhere he thinks it's all going well it's not even close to well it's embarrassing

Has zero lending experience to the highest risk clients in the world and will be in for a rude shock soon enough when the lending losses grow

I'm sure he means well but still waffling on about payment flows when the transaction volume shows it's FA and thinks it will compete with lending numbers

Disaster written all over it

I manage ten times the current loan book with 3 of us, these guys have 12-20 guys for $10m

40+ tech guys WTF for $20,000 month rev wow nuts absolute nuts

Bleed cash lifestyle business won't break even for years if ever, I'll give it under 12 months before it's all over and reincarnates ready for the next influx of investors