$1 Club, page-9649

A lot of chatter about competition and also $$ spend in SEA not being as large as other areas.

Firstly, competition is good. It means more awareness of BNPL for the market and consumers. Even if there is a bigger player in the market already - so what?? Just means they are doing the leg work and advertising for us. As long as IOU product offering is good and the platform is stable, there is no reason they can't become one of the major forces in the area. We already know they have solid connections for this first part to grow. Like BNPL companies in other areas, if you get the reputation, then people will start coming to you - and I feel that is what IOU will have - especially with all the additional instant credit worthiness checks and the data mining that they are doing. This in itself could become invaluable. Plenty of pie to go around. Just depends who are the best bakers as to what share of the market they get and I believe IOU is a very good baker!

As to $$$ spend, yes it is not as big as a combination of USA/UK/AUS, but it is still big and growing. SEA doesn't need to reach those levels of western countries for it to still be a huge market. When you are already talking billions, there is great opportunity. Plus they are a more tech savvy and younger population, which means as this becomes more popular, the uptake will be greater and faster.

Whether we get a pullback from here or another surge next week, one thing in undeniable. IOU is now in the mainstream and will remain a hot topic. Whether it is positive or negative, it really doesn't matter. Chatter is good and as long as IOU keeps delivering on the roadmap, the positive will greatly outweigh the negative.

I'm not looking to jump in and out. Friday showed us where this can go in a day. I don't want the headache of trying to figure out when a pull back is coming or panic about trying to get back in. I did that previously and failed. As long as goals keep getting made, I'm committed to this stock for the long run.