Versapay Corp - Ordinary Shares VPYYF

Volume Exploding this Week Something is going on???

[93Darkhorse93]

Finally bit the bullet and pulled the trigger and got back into the name.  The stock is under massive accumulation by someone knocking off large blocks day after day moving up the OBV indicator to new year multi year highs.

I think Colin Fisher is on to something here with 2017 being their breakout year now the Point of Sale business has been sold, channel partners lined up and the continued progress towards some form of relationship with a large Tier 1 Canadian bank would be huge.

The previous post was a great fundamental view and I would just stress the channel partner in Ricoh and the singular focus of management on driving growth through Versapay now that the Point of Sale business is sold and the balance sheet is fully fueled and should easily take them to cashflow positive without any additional equity offerings.

This company as a pure play SAAS payments company is just way too valuable not to be scooped up once it scales its business.

LONG

[Wallstreetjack]

I think you really nailed it on the head especially with that last point. If a bank signs on, it would create more distribution than VPY could get on their own in probably 5 years. The bank essentially would be a channel partner.