Im putting my money on Splitit not touching the facility in the last quarter, instead using its own capital and writing it as a loss under operating expenses (untill its paid). With the expenses showing bankroll of 2 weeks of xmas sales, the heavy loss should be not carried on unless of course there are huge increases in sales.
disclaimer: i do not know if this is the case, but that is what im hoping. if so, we sitting on a goldmine, however will show a loss with every large quarter on quarter sales increase until it plateaus.
SPT Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
