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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

Post by traderguy5000on Dec 09, 2022 11:32am
314 Views
Post# 35161785

Disappointing

DisappointingNot too long ago, the CEO predicted $5 stock. 5 cents is looking more probable. We were going to be profitable this year. Now it's next year. We were going to see $60M revenue this year, then $10M, and even that was far too high. There has been revenue growth over the last two quarters, but it's going to take a lot more than $1.5M a quarter to move this stock. It will take about 5 times that amount to get this stock up off the mat. This had been a high conviction stock for me, but I'm skeptical now. We need to see much higher revenue. If prospects are anywhere near what has been suggested, we will be seeing that revenue next year. If we don't, add PAID to the long list of microcaps that had a promising business idea that didn't work out. I'm sure we're getting tax loss selling here, and we may go below a dime. I'm not selling, and may pick up a few at a dime, but this is not $5 stock.  
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