Ann: Trading Halt Request, page-5

Sold at a loss before. The presentation doesn’t print a promising picture and there is no solid plan how to achieve the projected number. Also there is no actual merchant growth as you might noticed they mention 8000 merchants are ‘ life time acquired number’.

personally I am very pessimistic about their business model and the outlook. They spent more than 7 years since IPO without any substantial achievement of tangible return with consistent loss each year, mainly surviving though director loan and Government rebate.

the ship has gone.