OTCPK:VPYYF - Post by User
Comment by
Godgers12on Sep 28, 2016 2:48pm
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Post# 25287071
RE:RE:Big Contract Coming?
RE:RE:Big Contract Coming? Funny enough, a note from their IR guys came out today on this. Here's the relevant part:
Over the coming quarters, as VersaPay continues to sign and bring live new suppliers as well as grow the number of end users on the platform, the value proposition will continue to grow. One major catalyst that would skyrocket the value of the company would be a partnership with a major bank. As confirmed by the Q2 Earnings Call, VersaPay is currently in deep talks with a tier-one Canadian retail bank to partner and distribute the ARC Solution to the banks clients. While it is difficult to predict what those numbers could look like, it is far from unreasonable to expect that this would fast track the company at an incredible rate.
A second catalyst that has the potential to skyrocket the number of end users would be taking advantage of strategic partners that are already in place. In essence, companies like NewsCycle and Intuit have access to several other businesses and channels that are in need of a solution like ARC. If VPY could take advantage of a network like this, it would create a vast opportunity to explode the number of live suppliers and end users.