Ann: 10-year service agreement & investment terms with Capricorn, page-65

I think this is just the beginning!

I stand by CF+ incoming this quarterly!

Still a lot of unknown around the Cap full potential, this is only liceincg fees lol.

Hopefully more to come AROND THE SOFTWARE =

Also Agriculture is only a small percentage of the 10,000 customers to begin with.

So that 1.5, I'd assume it's maybe 5-10 customers to weed out any issues if any and then open up to the 10,000 in total.

If this is the scenario, like with CC an CAP, start really small then go all out, I'd say this hypothesis is close.

So possibly the 10 times 1.5m, is much higher.

Also those 2.2B will grow in time and seasons I'd imagine.

I believe they have learnt it is better to understate, than overstate and then deliver something no one expects.

That's my feeling on these latest announcements.

We are only still talking about a few customers here to begin with.

Remember they had 8-10 other large companies on pilot mode and needed to sort funding to service the Agriculture and Capricorn.

I think these parts from the Agriculture are critical and must be research more to understand the significance here from the latest Agriculture announcement.

Spenda, through its funder, will provide extended terms of trade to AgriChain customers through the provision of preapproved virtualMastercards (card-blended trade finance).

Card-blended trade finance is an alternative to the Company’s current debt warehouse structure and constitutes a new lending service delivered through Spenda’s Payment Widget and embedded on the AgriChain platform.

Under the Agreement, Spenda will provide an early payment program (“EPP”) to AgriChain’s customers through the provision of a card blended finance solution delivered through Spenda’s Payment Widget product and integrated into the AgriChain solution.

The card-blended finance model will be used in parallel to Spenda's current debt warehouse structure but doesn’t require first loss capital or credit enhancement.

The EPP will focus on farm storage and third-party stored grain for direct trading, farm input supplies for direct trading to farmers and manufacturers of various raw commodity and finished products.

In FY23, AgriChain’s customers recorded $2.2b in grain sales within its open ledger supply chain platform.

So I'd like to know who this funder is and they just taking on whatever amounts we can grab?

Doesn't seem to be a figure, as if we get the first trial, which I believe we will, then they are going to need a DW into the billions IMO.

Anyway food for thought.

Then throw in all the spokes and nodes with the few customers we have as well and you can see how the snow ball effect will be massive.