"in addition to running BNPL they are also spending an unspecified amount of money on development work for their other business goals, ie growing their transaction processing model.When they were running iSentric they just had iSentric and not enough money to do any kind of development. It's not a reasonable comparison."
Wrong and wrong again Dan.
We know Isentric more than you know yourself.
ICU was pulling in circa $1.5mil to $2mil a quarter just from their transaction processing business before BNPL was even a thing to IOU. Just go and look at ICU announcements back in 2018 , 2019
ICU's has just a fraction of the staff cost in ICU days compared to the $1mil per month staff cost now.
Ann: December Quarterly Activities Report, page-110
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