Waiting for Court DocumentsWould like to know why the partner decided to drop these ATMs so suddenly. Around 100 machines went poof.
(page 6 of MD&A Filed November 14-2023) Subsequent to September 30, 2023, Rapid Cash ATM Ltd. (“Rapid Cash”) suddenly uninstalled and removed the Company’s software from Rapid Cash’s ATMs that were operating in the partner program. As a result, the Company terminated its agreement with Rapid Cash who previously operated approximately 100 ATM machines under the Company’s partner program. The Company intends to vigorously pursue its rights under the contract and has commenced an action against Rapid Cash before the Alberta Court of King’s Bench.