Question is what do you think the SP would be if Capricorn wanted to purchase 10% stake in SPX? 400M heads would certainly drive the SP past 1.75.
The transaction fees will only eventuate from POS. (hence the licensing fee, no B2B transaction fees with Capricorn) That will take a lot of time and investment in switching a potential 26,000 members & 2000 supplies over to Spenda POS to enable full integration. That’s the sole reason I invested more when the SP has been below 1.0. Even if they capture 10% of this market within the next 5 yrs it’s a company maker.
SPX Price at posting:
1.5¢ Sentiment: None Disclosure: Held
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