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Versapay Corp - Ordinary Shares VPYYF

Technology
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

Versapay Corp - Ordinary Shares > Thoughts on Timing and Amount of Bought Deal…
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Comment by 93Darkhorse93on Jun 06, 2016 9:09am
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Post# 24937000

RE:RE:Thoughts on Timing and Amount of Bought Deal…

RE:RE:Thoughts on Timing and Amount of Bought Deal…I will defer to an industry insider like yourself on market structure and institutional selling pressure.  


I like the company but the point I would make is why do I have to own the stock today as an individual investor when I don't need significant liquidity to get in and out.


Technically the stock is in a significant one year consolidation period between 1.00 - 1.20   It is going to take fundamental improvement from an earnings announcement to break the range.  


I would be more confident adding more on a breakout of 1.20 or on an incremental fundamental positive catalyst. 
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