Ann: Appendix 4C - quarterly commentary, page-2

They should rap up the 1PG business model ASAP as this quarterly clearly shows it's not working with revenue going backwards. The same spiel given as with every other quarterly about onboarding time, cash lag, etc. I'm glad I pulled my buy orders last week. This is one sick puppy. I don't see why Merchant pulled the plug on their board spill. They would have succeeded resoundingly in light of this result. I think everyone can now agree once and for all that the product is a complete and utter dud