Ann: Business Update Continuing to Execute on the Plan, page-258

I have read the earnings and not the smoke and mirror statement from the BOD.

They are in the business of lending money and as a non deposit taking institution they have to pay interest on the borrowed funds accordingly interest is a significant portion of their costs.

They have burnt through almost a billion dollars in capital raising and have nothing to show but nett tangible assets of 2 cents a share down from 12 cents in the PCP.

They have never made a profit in any territory and never will, as theur customer base is substantially the dregs of society and despite being given a huge leg up by pandemic induced on line shopping and huge fiscal stimulus, low interest rates, and limited competition they still managed to lose hundreds of millions.

All of those tailwinds have now turned into headwinds what on earth convinces you they can turn this ship around as they have demonstrated gross incompetence in the past.