SPT splitit payments ltd

$2 Mil in fees and share bonus, page-5

  1. 1,853 Posts.
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    "The rights were subject to the company achieving merchant transaction volumes of $150 million this calendar year. Splitit reported transaction volumes totalling $34.4 million for the first half."

    My view is if they are predicting $150m sales by the end of this year good luck to them - a fantastic target (they deserve $2m) and shows how confident they are in the product. If they turn around and reduce the $150m target it tells me they are just developing rules on the fly to make sure they get their commissions.

    To go from $34m to $150m is a huge leap but they think they can do it. Watch this space!!!




 
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