RE:The numbers work and make sense. PERIOD!Jaytee12 wrote: If Cubans only make $25.00 per month, but they get on average hundreds if not thousands of dollars of remittances per year from family abroad.
Would they not want to go to a WiFi location and spend $1.50 to save $100?
If Cuban person gets $2000 transferrred from US to Cuba thats $400.00 fees for Western Union.
With Revolupay, its $200.00 (or less)
So the bozos who say they wouldnt use this???? REALLY????
A person making $25.00 a month wouldn't take 20 mins out of his/her day to go to a coffee shop and login with WiFi in order to save $200 ?
Note: I am a reasonable person. Reasonable people should conclude that Western Union gouges people because they are the monopoly. This is a life changing way for Cubans to save money. and not only Cubans but everyone in the Carribean and beyond!
NO BRAINER!
I believe also to the plan. If revoluplay can deliver the biggest challenge will be to implement culture of change. As humans, we resist changes and its normal. So before the guy whos been using western union for 5-10 years decide to switch to revolupay its going to take some time and/or incentives (e.g. promo first transfer at 5%). Its better to be conservative with our valuation but as you mention with a low market cap like this in this enormous cesse pool of $$ even if we get a minimal part of the market at first the share price is going to much much higher than what is available now.