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Versapay Corp - Ordinary Shares VPYYF

VersaPay Corp is a financial technology company that provides cloud-based accounts receivable automation software and payment solutions for businesses. The company's only segments are VersaPay Solutions Through its VersaPay Solutions segment, the company focuses on electronic invoice presentment with its ARC software (ARC) and develops value-added payment technologies, such as its PayPort and VersaPay Gateway. It sells its products to customers in Canada and the United State.


OTCPK:VPYYF - Post by User

Comment by TigerMomInveston Aug 18, 2017 6:19pm
107 Views
Post# 26598395

RE:RE:RE:Earnings out.

RE:RE:RE:Earnings out.Just listening to their conference call.  60% of their revenues not related to ARC, but to payport, their non-invoicing sw business?  Is that what their guy said?  And over 50% of the ARC customers are ARC Lite customers?  Wow, this sounds strange.  All the money is being invested into ARC?  Return doesn't seem that good.  Well, at least they have a mountain of cash to burn through.
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