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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Post by Saturn4on Mar 14, 2011 5:46pm
242 Views
Post# 18283653

THIS IS A LONG TERM HOLD!!

THIS IS A LONG TERM HOLD!!At least for me!!  Obviously, in the initial stages the s/p will be played with.  It will go up and down --- Give it a couple of quarters.  If you believe in the prepaid credit card market (Recash / Iridium) then its a buy.  If you don't, then sell, play the stock or whatever -- its your money!!.  SCG has given the example of Greendot and the stats to suggest that prepaid cards are high margin, good profit.  They have the infrastructure in place to roll out the cards quickly and the infrastructure in place for the prepaid technology ... iridium test locations were successful and now its time for a massive roll out ---

This is a spec play, folks -- its a business.  Some businesses are successful and others are not!  Their plan is simple - (READ the NRs to get what it is!!)  and they have the infrastructure in place .... My bet is on SCG being successful and HUGELY so --- Greendot is not an exception IMO ...  I think the bashers know this and want to get in cheap or are playing the stock ... shorting or whatever bashers do ....

The above is just my opinion and mostly based on speculation.  Do your own DD, consult a financial advisor and play with money you can afford to lose --- nothing is a 100% guarantee in this world!! 

Bullboard Posts