RE: COMPANY LACKING PUZZLE PIECEAt 2.5 cents there are more buy orders than in recent weeks. Venture + Alpha this morning combined for about 1.6 million shares. Not much can be gleaned from this because of the low dollar amount, but some interest is there. Maybe only stock flippers getting in on the action looking for a penny gain. But then could also be smart buyers going in for the long-run.
I noted that Paradigm sold over 300K yesterday at 15:05. At the same time they added a sell order at 3.5 cents for 96,000 shares. Not much can be interpreted from these actions.
Futura in their Management Discussion last week (see SEDAR) are still trying to secure access to several leading US 3rd party loyalty currencies. This will help in replicating what they are doing here in Canada. It seems they require some strategic alliance with US loyalty firms, to get a loyalty program set up for the US auto market. Will see how that plays out. Could give a boost to the stock when the time comes.
From the recent financials, revenues are increasing. But need to wait for ther next two quarters, when the impact of the auto dealership deals begin to kick in. Until then, some patience will be required.