SPT 0.00% 7.5¢ splitit payments ltd

I think you and I are on the same page.The good thing with...

  1. 272 Posts.
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    The market is absolutely big enough - my comment was that the market is declining, and is limited to those who have credit cards.

    I think you and I are on the same page.

    The good thing with actually having revenue is that if you curb the spending, the profits will flow (zip). Zip was fiercely expanding, burning cash like no tomorrow, but look at the growth its had. Larry Diamond has acknowledged that the market wants to see profit sooner than later, and they can do this fairly quickly by curbing their expansion. If they do this, they could possibly turn a profit next year by my calcs. And if they implement their savings account they were talking about, they'll need to rely less on debt and profit will grow faster.

    When you have negligible revenue, there's only so much you can do and will need to spend money to make money, thus increase debts (spt).
    Capital raise for spt in 5 months @ 0.10.
 
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