Fintech Select Ltd. V.FTEC

Alternate Symbol(s): SLXXF

Blockchain

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.

TSXV:FTEC - Post by User

Fintech Select Ltd.

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Comment by rocshangon May 02, 2017 12:52pm

158 Views

Post# 26193083

RE:RE:RE:SelectCore records a Net Profit of $971,365

sugenaimo wrote:

rocshang wrote: Why the SP is down?

...The shareprice had already increased with the news of the debt settlement. I think knowledgeable investors understand that the "profits" came soley from the debt settlement and that this had been factored into the share price. In my opinion the next major change in the share price will have everything to do with the status of the joint venture. If another month slips by I think the share price will slip. If we can get a positive announcement we should see a bit of a spike and then a pull back. Just my opinion and at some point this company has to generate profits from operations to sustain its share price. In the long run the words fintech mean nothing if the company can't generate operating profits.

It's puzzling FGD is down too while its PP has been approved. JV news is what we're expecting and hopefully it will materilize soon ...

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