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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

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

Bullboard Posts
Comment by rockyfanon Nov 30, 2017 8:03am
228 Views
Post# 27061497

RE:RE:Financials are looking good

RE:RE:Financials are looking good Fintech Select Reports $6 Million Reduction in Working Capital Deficit During The Last 12 Months

Fintech Select Reports $6 Million Reduction in Working Capital Deficit During The Last 12 Months 

TORONTO, Nov. 30, 2017 (GLOBE NEWSWIRE) -- Fintech Select Ltd. ("Fintech Select" or the "Company") (TSX-V:FTEC) is pleased to announce that its working capital deficit has decreased significantly from $12.1 million on September 30, 2016 to $10.5 million on December 31, 2016 and further to $6.1 million on September 30, 2017 as stated in the Company's Q3 Financial Statements. 

The Q3 financial statements and MD&A have been filed on SEDAR. 

"We remain committed to continue making progress to reduce the Company's working capital deficiency and debt as we move forward with the development of our disruptive solutions," stated Mohammad Abuleil president and CEO.

Bullboard Posts