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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
Post by bridgenut107on Dec 26, 2017 9:30pm
239 Views
Post# 27228140

can we agree on this much at least

can we agree on this much at leastdespite  the harmful feeling posted on this board , I think we can agree on this much

1.   to this point there is one  terminal  available only 
2.  any other terminals  have been kept secret for now....God only knows why
3.  the terminals do not allow  crypto's  to be sold   so the only revenue stream  at this point is for purchasers

4. with bitcoin dropping 25%   in one week   we really have no idea what a fair   price for bitcoin is   PLUS you add the cost of the premium  for buying  bitcoin and I think anyone can see the problem here

5.  what is the revenur stream anticipated and  on what basis are they made 

6.  if the  premium charged customers  is  5%   that will not cover  expenses ...........if the cyrpto's are turned over a multiple of times  say  3 times   that would mean profit of
15%...which still is not enough to cover expenses


7. therefore   they will need to buy some inventory   of crypto's ...how were    they going to fund these purchases

8. will they need to do another.  stock issuance   and at what price 


9   where is marketing in all this love affair

eom

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Bullboard Posts