RE: Serious 'splaining to do...
so Darbygirl, let's talk about inventory. We know that inventory is not a huge issue for Vendtek...the advantage of VSI's technology is that it makes inventory redundant. Except in the case of actual cards, correct?
And what was the headache we heard about on a few teleconference calls over the past year or so...it was about the inventories related to the company they bought, Go Prepay, a mostly hard card operator. Remember people asked a lot of questions..no one liked the fact that the COGS was so much higher?
So I wonder if the discrepancy happened during the takeover process? When was Go Prepay incorporated into VSI, oh walking encyclopedia of knowledge?