Most companies on the CXS are non trading companies such as debt...

Most companies on the CXS are non trading companies such as debt issuers, insurance bonds and investment trusts, and although they remain private, listing on the exchange gives sufficient kudos for public investors to invest. Splitit is an active company and does not fit the bill. IMO it is being dressed up and will be kept underground until its business credentials meet the standards for a public float on a big exchange