Remember AF saying he only needed to sign up one block in one...

Remember AF saying he only needed to sign up one block in one suburb and that would be more than enough to turn a profit

Seems he now has to go OS as the businesses in AUS simply aren't taking the option to sign

it's a business model that has the good intention to alleviate an invoicing and reconciliation issue but necks the business user with high fees, much higher than normal ie EFT is more or less free

Capricorn clearly haven't signed up in numbers - the whole suite of products seems like it's struggling and usually it comes back to cost/ price/ value

The reliance now to become a lender overrides anything else as it's the only thing left that might generate income

May as well just pack the $60m plus software away in the back shed and lend money against business invoices

It's called factoring

Cant wait to see the millions in write offs coming for the purchase of APPStab in the next year financials