OK I will elaborate, Spenda by definition is a payment...

OK I will elaborate, Spenda by definition is a payment processing company, therefore the cash receipts need to be in 2_4% range of the TPV.
As you can see the TPV is growing, but also the operating costs percentage have come down.

Now as the TPV grow's and it will, so will the cash receipts % or it could still stay in the range of the standard 2-4%, therefore if the company can keep the operating costs percentages down then we will see the inflection point.

But as you and everyone has rightly pointed out the delays have been costly to SH'S.

I wanted to build the spreadsheet to show everyone the whole information in numbers, I also built a table pending on TPV growth % relevant to cash receipts as a guide for people to see and use.

We will see with each Q how it will grow or decrease, thus giving the investors relevant information, rather than the same old boring yelling at each other crap.

Im just trying to help nothing more