Further to my previous note about Purple in the USA, I believe they alone will help SPT exceed last year sales for this quarter. If you look at that case study released showing 15% of Purple sales were via Splitit after just one week ( and multiply by Purple’s total sales for last quarter for example) you already exceed the total quarter of last year in just one client. SPT have over a thousand merchants and quickly more. I am expecting a very big quarter and when released, expecting share price to jump.
It is very easy to get excited by the future of SPT, The extra 100mil will boost this company is the future as well.
Any thoughts are welcome?
SPT Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
