RE:I don't think it was a JV - **please referance the PYD corporate presentation 15/23**
Integrity
-Number of revenue producing machines has grown from 600 to 1,600 in past 5 years (22% CAGR)
Rapid expansion has been funded through several joint ventures and partnerships
Significant opportunity to increase cash flow per machine from future deployments by retaining 100% ownership and financing with Poydras’ lower cost of funds