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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
Comment by FmrAnalyston Sep 26, 2011 8:11am
153 Views
Post# 19082989

RE: RE: The Real Deal,Let's be Honest !

RE: RE: The Real Deal,Let's be Honest !Keeping it real makes a whole lot of sense. Revenues are tracking below $100,000,000 but management claims that Q3 will make up for the decline in revenues in Q2. My main concern is with respect to the iridium card. Wish we knew what percentage of CDN revenue came from Iridium. Probably less than 1% if you do the math. I'm also not convinced that they have an agreement with Visa or Mastercard in the USA. You would think they would have announced it, if they did. This is probably the real reason why the launch has been delayed almost half a year and the launch date is allegedly slipping into 2012. SCG just tell us the truth!!!
Bullboard Posts