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There is no current competitor or opposition that passes the EU...

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Caveat Venditor

278 Posts.

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08/11/16

11:46

Post #: 20446499
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Originally posted by tradealot ↑

Hi Green Hornet,

I won't focus on the opposition too much, as obviously there's quiet a few business already operating that can achieve the same end result as isx. That being - KYC / AML etc.

Also the financial markets are huge, there's more than enough market share for isx to become a very big company. Especially when your got the best product / technology in your field.

So, I look on isx as running it's own race at it's own pace, and really it's the other business that will be looking at us taking business from them. Were growing, and were the company with the best technology. Yes we pose no threat to others now, but the status quo won't always stay that way.

As all long term holders know, our number one and unique selling point which other businesses carn't match is the speed and ease at which isx can identity a customer. Isx is 5 minutes, the others are days or weeks. Isx's service is like when electricity superseded candle light, both products lit up a room, but which one does it the best, with the least hassle and is easiest for the end user. And were is candle power now!

With all new systems / inventions, the better, and more convienent system always replaces the older technology over time. That's just the way it is. Isx's system will be no different.

So how will isx's superior technology become the industry standard? Isx will be licencing their technology to companies worldwide. It's a natural progression and how a superior technology becomes an industry standard. The global licencing system has already started. The Kogan.com licencing agreement was the start of implementing that business model.

Acceptance of isx technology as the superior technology has started. Were doing just fine now, were progressing well and were on the road to success. And most importantly we have the vehicle / technology to take us to our destination.

So as the saying goes. Stay tuned and don't touch that dial.

GLTAH

Cheers
Tradealot

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There is no current competitor or opposition that passes the EU 4th Directive that is online and seamless.

Veda and other static databases are not valid under EU4D as KYC/AML must be a) face to face b) certified copies or c) involve a dynamic element, such as ISX's "secret" / payment splitting which is patented.

The competition is face to face, or snail mail and KYC warehouses. Both expensive and inefficient. EU4D makes ISX the most efficient player.

ISX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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There is no current competitor or opposition that passes the EU...

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