Ann: Private Placement raises $3.9m, page-767

so you expect them to not gain at least 25% of swift statement sign ups by sept = 9.5mill
you expect no revenue from Capricorn payments
despite being on track to at a minimum double revenue for this financial year, you obviously see this falling away,
despite limepay achieving better than expected results so far, you obviously see this falling away. And you obviously don’t think there’s any truth to the mystery lessn customer that’s going to increase payments for lessn by 550%.
clearly you don’t expect another jump in revenue like last quarter. I understand past performance is an indicator, but we can’t be blind to the future.

i am bullish because I think the last quarter is the beginning.
im not as harsh on historical efforts because I think they have needed to find their way and have had some false starts but moved to bigger things. For example I believe Agrichain was dropped to make way for limepay, so I have high hopes for that:

missed timelines is always a big one, but its been made clear that we can only operate at the customers pace, if they choose to take an additional 3 months or whatever then that’s the way it needs to be. The outcome is we achieve 100% of that market, services are piled on and fruits come later. Whola is a false start obviously.

i think we commenced with a product that Adrian thought would be accepted as is but it needed to be refined. I remember him thanking carpet court for working with them and admitting they have made some mistakes.

anyway, I think there’s a very good reason for delaying the quarterly webinar, I’m expecting an Announcement.so we’ll see and next quarter will be an indicator of things to come and how they are managing costs which have been flat over the past 6 months or so.
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