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Presumably from the language we have if things are going good the Poynt Corporations loan re-payment will be deffered and we wouldn't see that things are actually progressing. See paste :
" Payment of the above described additional contingent cash consideration and deferred repayment of the Poynt Asia Loan to Poynt are subject to the completion of all required due diligence and satisfaction of other customary conditions. The Company expects to complete this due diligence in the near term. "
So this sounds funny to say this now but the fact that we have not heard about the loan repayment could mean great things ahead. If the 7 MILLION DOLLAR loan is paid back revenues are sure to follow. In addition China is touted as the first Asian expansion, first as in there are more in the works.
LINK TO NR : https://www.marketwire.com/press-release/poynt-corporation-announces-asian-expansion-with-formation-joint-venture-with-peoples-tsx-venture-pyn-1618640.htm
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Industry Report with Poynt : https://www.extensia-ltd.com/reports/Mobile-Local-Search-Market-20112014.aspx
Comprehensive global report, where Poynt is interviewed, covered and used in a case study : https://www.juniperresearch.com/reports/mobile_search_discovery
Poynt is also named in this NR about global mobile search growth along with Qype and Yelp : https://juniperresearch.com/viewpressrelease.php?pr=326
https://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=www.cnpoynt.com
- Poynt's USA mobile search ownership along with Google, Yelp etc https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30949637&l=0&r=0&s=PYN&t=LIST
Juniper Research Report on Global Mobile Commerce promiently contains Poynt see link : https://www.juniperresearch.com/reports/mobile_commerce_markets
Another Global Research Report Containing Poynt : https://www.berginsight.com/ReportPDF/ProductSheet/bi-lba-ps.pdf
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