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Payfare Inc T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based international Earned Wage Access company powering instant access to earnings through a digital banking platform for the workforce. It partners with e-commerce marketplaces, payroll platforms and employers to provide financial security and inclusion for all workers. It partners with platforms and marketplaces, such as Uber, Lyft and DoorDash. It provides services to gig workers and businesses. The Company operates in two geographical areas: Canada and USA. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. It offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces of all sizes, including trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance.


TSX:PAY - Post by User

Comment by WillyGreenon Dec 06, 2024 9:20am
26 Views
Post# 36348904

RE:recent spike

RE:recent spike

Selling mostly over. Tax loss selling mostly done. Shorts didn't anticipate somone stepping in soaking up millions of shares. Insiders can't buy due to strategic review. ..blackout. Weak hands out of the name.  You have 4 catalysts coming up in q1  you will know if payfare gets 1-3 new contracts .  $5 if 1  $5-$8 if 2  $10-12 if 3 new contracts   And the best news is if none materializes then you get $3.50 on breakup with $100m ($2 per share) on the balance sheet that I read   Not sure what Croc reads  

 

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