I think most ppl are quite ignorant about online businesses.
Today's announcement is a bit like me signing up with Paypal merchant account to use their online payment system for my business.
And it is like me signing up with Paypal only a few weeks after I signed up with Paymate, another online payment system.
Yes I am referring to Ezybonds global online payment system and now IPSHK online payment system.
I could possibly put out many Ann next weeks for my proposed businesses when I sign up with eway, securepay, ccbill, esecpayments, bidpay, paymentonline, chinapaymentservice and many hundreds of online payment providers and their database of billions of users.
Except my proposed business has no revenue to use these payment system just yet. But I can tell you my business is valued at $3 billion dollars based on the amount of people who will potentially use my online business.
If only 10% of them pay me $1 a year, My revenue would easily be $300 m
A year. With a PE of 7, I will have a $2.7billion business. Trust me.
DYOR
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