The Next Chapter, page-1605

Barking at the moon again old chap, I'm afraid. Perhaps when there's enough activity it might be worth doing calculations re: profitable / unprofitable merchants and models. Until then all you can do is get the revenue in the door. To date it has been 2.65 & 2.47 as percentage of MSV, resulting in $10.5 mil & $10.6 mil in the 2021 & 2022 years respectively, so MSV needs to increase at least 4 fold this year to approach break even.

For the observer, the size, make up and take up of the capital raise will offer some clarity into investors' view of the company's prospects. It won't be a retail offer, so will most likely be pitched to existing sophisticated investors. It will give a picture of how well Mr Sheth's market pitches are received.