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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Comment by LoganKMon Nov 18, 2017 10:57pm
69 Views
Post# 26991163

RE:RE:RE:RE:RE:RE:Due Dilligence Results

RE:RE:RE:RE:RE:RE:Due Dilligence ResultsI'm not harping on the debt...I asked a few questions in my original post. I did see they used some pp money to address the debt but they also pulled money from the reserve fund (2.2MM March month end down to 33k June month end) To pay off the demand loan. And I don't know where your 3.6MM figure comes from because after paying down the demand loan, according to the June quarterly financials, they still have 7.8MM in accounts payable and accrued liabilities.
Bullboard Posts