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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 UglyTruth78on Jul 23, 2016 12:40pm
159 Views
Post# 25078477

show me the money

show me the moneyThey are still losing so much money with VesraPay Solutions and the point of sale business has no growth. Even with the growth in the clients they are still going to be losing close to 1M every 3 months at this level which is twice the revenue they are bringing in with Versapay. They will not be profitable until there are hundreds of people using the software. You got a long way to go.
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