So Capricorn coming onboard is a CR, well FK me what a CR hey, when they buy on market is that still a CR ? asking for a friend.
So Capricorn want to solidify their position by buying up to 19.9%, which off the top of my head would equate to roughly 200M shares to be bought on market, would this be better for them to buy now at these prices or later?
Now 27000 members are not only members of Capricorn but in fact Shareholders, now would it be in their best interest to complete the full roll out of all services, including POS Systems.( when each store is out of their current contracts).
Also if current stores have already FISERV/INGENICO pos machines its a simple reset and plug back in.
Self on-boarding is rather quick and simple, CC said it was dummy proof
Now at the end of the day we are a software company that facilitates payment through our software, therefore when we purpose build SOE, we get paid for that as well, Cap was $1.6m spread over 4 Quarters.
Now also with Cap do you also think its in their best interests now they are pretty much partners, to incentavise their 2000 Suppliers to use SPENDA ???
Now that's only Capricorn, we also have EBEV and other groups like agrichain.
The deal with AirPlus is very interesting and a major deal, as we now have the ability to create virtual CC's for one time purchases( set value), thus creating an extremely safe trading and buying environment.Which is complient with AML/KYC in the banking and financial sector.
Has the revenues been there for the last few years NO, but the question you have to ask yourself is this, Is SPENDA in a stronger position now given
given they have a strong fundamentals with EBEV, Carpet Court, AgriChain and now with a strong partner in Capricorn, that will bring their 27000 members ( major companies ) and quite Possibly their 2000 suppliers ( major companies again ) on board.
If you like the company so be it, if you hate the company so be it.
One thing is for sure, the people that hate the company will not change the minds of the people that like the company, and vice versa.
Any way just a few thoughts.
Enjoy your Sunday
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