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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 superstar1976on Jun 06, 2012 10:36am
148 Views
Post# 19984991

Time to Publish what was told to me...

Time to Publish what was told to me...

Ok, so others are also aware why people are selling perhaps, here is what I was told by Management.

Positives: SURPLUS of new contracts in the pipeline, significant progress to being high margin business,  Government contract is binding.

Negatives: Funding growth is still a concern, however this was discosed publically already, Gov't contract won't be launched for a few weeks as they work on the program implementation.

So there you have it.  So why are some selling, no one likes delays and with no launch for a "few weeks", then that is negative for the stock.

Just sit back, hold your shares as I am, and in the end things will be just fine.  If it drops low enough, double up, because you will profit in the end.

Bullboard Posts