Ann: ZIP CEMENTS ITSELF AS A TRUE GLOBAL BNPL LEADER, page-499

The one difference between Zezzle and APT and Zip is the number of shares in issue as another commentator pointed out

Good announcements, but I fear more shares coming.I notice that folk seem to miss how terribly diluted Z1P shares are. Z1P directors are using the ASX as a money printing machine. Keep track of cleansing notices, and you’ll see family and friends are incessantly being issued shares. The wife’s retirement fund pops up a fair bit (that thing must be HUGE), some other family members (buried under performance rights rules), and some strange names, among who is probably the accountant. This should be a HUGE red flag to shareholders, as it chokes growth with insiders dumping shares (who technically aren’t listed as insiders, so it goes under the radar). Printing money (issuing shares from thin air) is fine when it funds expansion, but when it’s to the level of Z1P, you have to admit the shareholder is being taken for a ride. APT Shares Issued : 285.16 million SZL Shares Issued : 102.04 million (hence the stellar growth lately) Z1P Shares Issued : 541.6 million. Compare to APT!