Correct Mondy. They could have tie ups with big platforms - but the market knows IOU is low on cash as demonstrated by the $2mil TTV for half a quarter.
That is why market does not care about these deals until IOU addresses the funding issue - CR or some sort of funding warehouse?
In this climate - CR more likely imo
For a CR to work - it looks like the investor would want a steep discount to part with the cash - so CR at what price?
Ann: IOUpay Goes Live with Shopify e-Commerce Platform, page-13
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 813411 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6948738 | 15 |
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