It's just the beginning for Spenda!, page-2396

People have apparently been calling this company for ages and they always say the same thing, "busy signing up customers". I thought they weren't taking on new customers at the moment anyway?

Their definition of a customer must be someone who's contact details are saved in the company database, not someone paying for services. The financials don't lie, they haven't budged an inch off a very low base.

The company needs to start publishing customer numbers and actual transaction value processed (not expected). Come to think of it, they should also publish their SAAS figures as well. How else are investors supposed to trust but verify what the company is telling them?

Everything published by the company apart from financial/regulatory statements has an element of marketing spin to it, Spenda is not unique in this respect. If the numbers were any good you'd think they would jump at the opportunity to capitalise on it and put together a glossy page or two.