Read this again and again and again until it sinks in. So the only way the company wont be able to operate the WLL is if they don't submit the SAR within six months. They might do it next month for all we know. Oh, and I will offer odds of 3 to 1 that the SP hits $4.00 before $1.50 moving forward. Want to take the bet?
Granting of the White Label ATM licence to its subsidiary, Transaction Solutions International (India) Private Limited (TSI), is only subject to TSI submitting System Audit Report (SAR) within six months to obtain final authorisation for roll-out of WLA. The Systems Audit is an annual regulatory compliance requirement for all WLA holders and relatesto cyber, data and systems security.
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