Mondy
Well said.
Ongoing development has not transferred into anything that generates enough revenue to cover cash burn. I know the kashcard might be a game changer, but, it's also stalled awaiting approval outcomes, and if those approvals continue to drag the clock, funds at hand will be the deciding factor as to financial health. IOU is a company with no plan B, iisentric, as good as it is won't be enough to sustain the costs of running the other business models. It really underlines the idsb component being a cost negative despite the small (neglible) but ongoing dividend.
I expect a change is coming soon, or it might go like others have recently.
Hope for approvals, but have they the cash to make it work?
IOU Price at posting:
5.7¢ Sentiment: None Disclosure: Held
