Versapay Corp - Ordinary Shares VPYYF

Technology

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.

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Versapay Corp - Ordinary Shares > Downward Spiral

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Comment by Tweedledeon Sep 18, 2018 8:49am

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Post# 28638052

RE:Downward Spiral

We'll if you look at the 1 year chart, you will see were sitting just above a long term support line. If you pull the chart back 3 years, you will se were still on the upward trend line. So technically I would say this is a buying price, not a selling price. Personally I don't believe the quarter was a bad one at all. Certainly not deserving of this selloff. I think some money decided pickup a move for reasons of their own. This stock is so thinly traded, it will take a good hit when people do. Good luck on your decision. I know I'm willing to hang on. I really feel the US expansion will reap large rewards very soon.

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