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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 RaymondJ007on Jul 07, 2011 8:17am
144 Views
Post# 18804968

Now I am confused

Now I am confusedWhy would the company expand into the Middle East before they get their North American house in order?  I looked at their recent financials and don't see where they would get the cash to fund an expansion, but I now see what Ancientone was referring to in the management shakeout.

How big a role did this Mohammad fellow have at Selectcore?  Will he be missed when he moves to the middle east?  I think the company is already thin from an operational and financial view.  Hopefully the company will find an experienced CFO to lead them.  I met their old CFO a number of years ago when the company was going public.  I had heard he was squeezed out by Mohammad who thought he could do the financial role in addition to operations.
Bullboard Posts