100,000 small micro-loans worth approximately $30m in 36 months, page-240

Yep, well the plan is there. All thoughtfully and very logically conceived and instigated ...and many of the pieces are now in place.

As you say, the Kains have carefully analysed the success of WeChat, Alipay, Gojec and Grab, and they're not shooting low. It's that sort of success - the non-bank platform 'super apps' - they're striving to emulate with the bizmoto ecosystem.

Will they pull it off?

Dunno. But the regulators over there seem to like the cut of Peppermint's jib.

And the build-out has been systematic and pretty much on target - the prize spectacular ...and scalable!

The question investors should be asking is how the risk/reward equation looks at current prices. Which is why peer comparison is useful.


I think it looks great. But there are no guarantees.Years in the speculative arena have taught me extreme risk tolerance. And patience.

All the usual caveats apply.