WISR Ltd V.WZR

Primary Symbol: WSRLF

Financial Services Credit Services

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.

OTCPK:WSRLF - Post by User

WISR Ltd

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Comment by algroveon Dec 29, 2011 12:23am

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Post# 19356054

RE: Tax loss selling?

"Does anyone have any idea how much we are actually receiving from the Sarqala oil sales? The KRG holds 20%, wzr holds 40% and 40% is not yet dedicated so how much are we getting? How is the unrepresented 40% interest being allocated?"

<p> My understanding is that they will be getting 100% until they recover their cost+. As and when the remaining 40% is allocated, they will receive from their new partner about $35 mil (if my memory serves me correct. It was mentioned in a recent interview) to cover past costs. At that point they will start getting 50% . Subsequently, when they recover their costs with adjustments, they will start getting 40%.

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