MOS StoryThe MOS story just gets better and better the more I review and conduct DD. The Institutional Investors presentations in the US were conducted in DEC to communicate the VISA deal in advance of the US OTC go live date. (Any day now) Institutional Investor presentations will continue in Toronto next week and roll out through the first quarter to the major business centers in Canada including Calgary and Vancouver.
The due diligence conducted by VISA surpasses any that we could possibly achieve. It took 16 months or so to pen this deal. Just consider for a moment the amount of dd and regulatory requirements there are related to electronic payment systems.
The VISA deal is an umbrella deal and once it goes live can be rolled out in 28 countries very quickly which is the company plan.
Some heavy weight help is joining the team. The vetting process with the regulatory bodies in Quebec and the CSE is arduous however once those processes complete we can anticipate a material update from the company regarding those persons and in what capacity they will be working. SEDI filings suggest who at least one of those management members will be.
We can anticipate that with the VISA deal and the other Blue Sky deal alluded to in the institutional investors presentation will substantially change the 36 month company revenue projection (50 million annually) upwards.
The company will be revising the presentation to reflect the new projections in light of penning the VISA deal.
This quarter will be a pivotal timeframe in the companies history. Blue Sky (IMO).
GLTA & DYODD