Hi @gimmegimmeDue to your disdain towards IOU and holders on...

Hi @gimmegimme

Due to your disdain towards IOU and holders on here, i feel most have skipped over your comments. However point 2 requires discussion, as the investor presentation is confusing/misleading and will require clarification from IOU management. No reference to points 1 and 3 here, as these are your opinions.

The snippet from the IOU-Pay CEO presentation (March) is somewhat similar to the March 2021 presentation (pg 13), however includes the added line of "(margins can vary from 0.5% - 1% per week) (fig 1.)

I assume that someone has made an error and thought that dividing the monthly % by 4 will provide a weekly % (or vice versa). If that was the case and there was an aggregate on the above assumption, the yearly % would be in the realms of 26%. This is not correct and states in the March 2021 investor presentation (fig 2.) that the monthly margin is between 2-4%.
I believe other members have completed base figures at 3% which is the middle of the road.
Based on the lower end (2%) at 4 mil per month, we'd be looking at 960k gross profit. (this is not what is stated in the video - 240k gp)

These two percentages are markedly different and will mess with forward financial assumptions.

We will all need to look closely at the 4c once it's available and sought clarification on the digital payments margins.


fig 1.



fig 2.


IMHO DYOR