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XTM Inc C.PAID

Alternate Symbol(s):  XTMIF

XTM Inc. is a fintech creator of payment innovations including fully certified Earned Wage Access through its AnyDay product. AnyDay is an automated earned wage access and instant payments platform that helps employers recruit, retain and improve operational productivity. It supports businesses to encourage their workforce in the hospitality, personal care and service staffing industries. It is the originator of the Today Solution, a software solution originally designed for restaurateurs, personal care service providers, food delivery operators, and other businesses with a similar need to provide staff with funds in near real-time. It provides on-demand pay for many brands, including Earls, Maple Leaf Sports & Entertainment, Cactus Club, Marriott Hotels and Live Nation. Its wholly owned subsidiary, QRails, Inc., enables payroll providers, financial institutions and other fintech companies to keep up with the on-demand economy by delivering digital payment solutions to their employees.


CSE:PAID - Post by User

Comment by jclipiloton Jun 14, 2021 1:03pm
167 Views
Post# 33382187

RE:Sold

RE:SoldThese facts you mention, they haven't changed in the last six months. Why did you buy in the first place? In fact, they have been executing quite nicely on their plans I would say. They are a microcap startup, nothing unexpected here. They can't control Covid, but they have financing and have shown that there is a market for the product and the business model works with their success in Canada. In fact, the next few weeks should see some US announcements now that they have a US team and are fully operational there. If you lost patience with them after only six months, maybe you were never really investing, but only hoping for a pop. Personally, if I were trying to time this one, I believe that now is the worst time to get out. Maybe I'm wrong, but the assymetry on this one could be huge. Good luck to you as well, hopefully you won't be kicking yourself later!

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