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Bullboard - Stock Discussion Forum 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... see more

CSE:PAID - Post Discussion

XTM Inc > Response from the CEO .
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Post by divime1 on Sep 13, 2023 2:28pm

Response from the CEO .

The sequence of both the lending facility and convertible debenture is happening in tandem.  The only outstanding covenant for the lending facility is to close on the financing.  The financing was slowed down by holiday season in August and has now fully ramped up giving us partner choices and an opportunity to close with the right partner and get it behind us.  Both should be announced in a few weeks.
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