I don't agree with discounting it all together but as was stated for over a year ago and various times - lending revenue is not what is going to get Spenda on an upward trajectory. Cash receipts are the key (whether they be from SaaS or a clip of payments revenues). Cash receipts need to move considerably, the lending revenues are the cream not the other way around. This is supposed to be a tech company with a service offering in my opinion that is what the market is looking for, a tech company that can generate revenue to support itself not a 4th party lender that has a system you can use.
This announcement starts moving Spenda out of where it was and back to where it should be.
Ann: Carpet Court Successful Rollout & Lending Agreement, page-162
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