8 Banking Giants Embrace Bitcoin, page-3

Heres a US listed (on OTC) company trying to do same as what we are doing

http://cointelegraph.com/news/11497...ed-company-targets-western-union-with-bitcoin

Market Cap of this company US$40M = AUS$55M (compared to our current AUS$15M)

Doesnt have DigitalXDirect or bitcoin experience in mining etc. In the story they note they think it can succeed as "is a public listed company" therefore more likely to get through regulatory issues

"One of the challenges for cryptocurrencies in the remittance market however, has been the differing international regulations and costs for compliance. MJMI believe that, as a fully reporting, publicly traded company, both regulators and users will be more confident with their participation in regulated markets."

Heres an artilce by our South American JV partner, Jorge Nicolau, writing about the regulatory issues in South American banking in 2011. Mmmmmmm

http://www.connect-world.com/index....ng-and-winding-road-to-mobile-money-in-panama