Hi Guys
Well the market is well and truly sound asleep, as to isx explosive ramp up in revenue that's about to take place. Must be a winter hibernation thing.
Here you have iSignthis telling investors, announcement after announcement that were on the point of serious revenue and nobody gives it a second thought. The sp action and trading volumn's is like a company on life support. Not one that's ready to take on the world and deliver proven solutions to serious problems. The contracts are in place, the scale there, and with each day that goes by the business is derisked a little more.
JK has just about waved a flag, and screamed, isx is about to experience rapid growth . No one is listening! There loss.
Here's JK's last hint:- iSignthis CEO John Karantzis said “We are excited to be launching ISXPay services as a fully commercial and viable alternative to the Big 4 banks in Australia, with ISXPay Europe to follow late September. We anticipate that our transaction processing volumes will start to grow rapidly, and deliver revenues against the infrastructure investment made by the Company in developing ISXPay”.
For all the current holders of isx, you have absolutely nothing to worry about. You do have one issue though, what to do with the huge profits that are heading your way.
Just think about it. In the last couple of weeks, isx through isxpay have gained contracts worth 40 million dollars in transactions to be process, cleared and settled. That will gross around 300K in annual profit.
ISX's overhead's to run the business is 1.5 million dollars each quarter, lets call it 2 million per quarter for good measure which factors in a bit of expansion. OK 8 million per year to run the show.... lets divided for an example 300K, the amount of contracts just announced into the 8 million.... That's 26.6 times by the way.
Who here on this group doesn't think isx can duplicate what they have already acheived in Australia these past 2 weeks another 26.6 times in the next year? And to make it even easier come the end of September ISXPay has the whole of Europe to target to acheive this simple goal. Of course they'll do that plus some.
OK, that puts ISX into a profitable position right there. Now what about all the contracts already signed, Xm etc that more revenue. It's very easy to see that isx will be swimming in revenue over the coming year.
A fantastic sp rerate is just around the corner. No if's but or maybe's. The sp carn't be held back once the dollars start flowing.
I'm buying lots more and hold long. Because it's a sure thing as far as I'm concerned.
GLTAH
Tradealot
Expand
