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Versapay Corp - Ordinary Shares VPYYF

VersaPay Corp is a financial technology company that provides cloud-based accounts receivable automation software and payment solutions for businesses. The company's only segments are VersaPay Solutions Through its VersaPay Solutions segment, the company focuses on electronic invoice presentment with its ARC software (ARC) and develops value-added payment technologies, such as its PayPort and VersaPay Gateway. It sells its products to customers in Canada and the United State.


OTCPK:VPYYF - Post by User

Post by Barbazanon Aug 09, 2011 7:39pm
375 Views
Post# 18924081

outlook

outlookfrom the June 22nd MD&A...quiet board - anybody liking the story here... certainly have to like the space and the share structure - and also have hired some folks in the sales department....

OUTLOOK

Operations

Despite the intense competition in the payment processing industry, VersaPay continues to build new customer relationships and generate revenue growth. The Company's current sales pipeline includes a number of opportunities that management believes will result in continued growth in customers and revenues over the year. The Company should also benefit if the Canadian economy continues to improve and the economic activity within the Company's merchant base increases.

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