40% reduction in operating expenditure is probably the key highlight of this quarterly.
Merchants can be acquired and with the help of the new VP of Enterprise Sales I'm sure there are some conversations happening. Keep in mind, these types of deals don't happen overnight.
What is more difficult, and what the other players are struggling to do, is reduce expenditure and find the pathway to profitability.
If Splitit can achieve this and with some new enterprise size merchants, the SP will look very different in the coming months.
It's a strong HOLD for Vamos subject to the success of the new VP of Enterprise Sales and Partner Growth. I like the direction the company is heading with white-labelling the software. Plenty of opportunity to turn this company into something very successful.
