Ann: 2021 AGM presentation, page-8

It pays to be patient. Qfe is a technology business, and there are signals that the cap ex is tapering and the next phase is to expand the salesforce in the states and expand the volume of transactions & build revenues. With a small team, growth in US ACH payment processing volumes is very encouraging. it has more than doubled every year for 3 consecutive years. And charges for PayNow payment processing in the US are not regulated like EFT VISA/MC payment fees are regulated in Australia.

I’m underwater like most people in this stock but considering averaging down as I think the future is extremely bright.