Ann: Jayride explores significant technology improvements, page-3

Just a curio - were you ever a holder of this stock? I understand your concerns and I am a newbie here, but you are referring to things that happened under the old BOD. So far, what I have seen from these new people are a cleanout of the old, clearing out the convertible notes, and paying some suppliers so they can be reinstated on their platforms. I don't see any negative in this

If you read the announcement it clearly says there is a lot of manual processing at the moment - which must be how they have always processed orders - and now they are looking to change that. Remove the manual processing and make it automated. to me that means reduced costs, but also it means they can scale up without huge investments in human resources.

They've also said they are looking to change the payment process to suppliers.
"Additionally, we acknowledge that delayed payments to transport suppliers make them less willing to work with us or offer us attractive rates. We are in the early stages of exploring future payment processing technologies that could significantly differentiate Jayride from other ground transportation aggregators"

So based on that it sounds like suppliers were not getting paid in a timely manner. Seems they want to fix that. If they do and suppliers get paid in time, then that would also be a great incentive for them to use Jayride more frequently. That can only mean they are looking at better ways for the payments to be made.

Also, you wrote the below
"their suppliers are writing angry reviews and not working with them any more."
I understand the angry review part with delayed payments, but in regards to them not working with them any more, whose to say the new BOD haven;t approached these suppliers and made a pitch about how things are going to change - for starters, the booking process.

I've dipped my toes in with this company. We'll see how it goes, but flush out of all the old management and dead wood, looking to add more technology driven processes and adjusting payment schedules to be more favourable to suppliers are all positive signs as far as I am concerned