The promising PINT venture aside ...the prize remains those 340+ cooperatives with circa 3.4 million individual members within MASS SPECC's purview.
You can believe significant numbers will be onboarded, or not ...but the potential - with PIL earning 10c/transaction within the total ecosystem - of getting that membership happily embedded within the Pinoy Coop App, is hard to deny.
During the March quarter, Peppermint Bizmoto continued to work closely with MASS-SPECC's Pinoy Coop App delivery team to plan for the full-scale roll-out of the App,
So, yes, from the Quarterly, it's all still yet to happen.
To say nothing of adding "Phase 2 features" (including remittances, so favoured by the Filipino diaspora) aimed at further enhancing the user experience and functionality of the Pinoy Coop mobile app.
I think it was ForgetTheRest who elsewhere pointed out the risk/reward here.
I too am content to see this play out a while longer - even as I rejoice to see a bit of share price recovery last week in the wake of our new substantial holder.
PIL Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
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