Tenet Fintech Group Inc. C.PKK

CEO interview Jan 21/2021

[lscfa]

[lscfa]

He clarified something in Monday's NR that was not clear. It's not a fee earned from clients. It's interest income earned from the bank where Peak aggregates the inflow and outflow of funds from its many clients. There is a time delay (say 2 days) between transactions which creates a balance in the account and Peak will earn daily interest on that balance. CEO said that eventually the

[LasVegasNetwork]

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[bmo1212]

Difficult decision, sell a winner that has made me over $100K because you said so, or keep and try to squeeze another $100K out when it hits $4.00. Decisions, decisions, decisions..... Think I will have a glass of wine.....

[lscfa]

Another noteworthy clarification was that transactions on the lending hub will not just be between borrowers and lenders. All participants in the supply chain will have virtual accounts with Peak so now SMEs, distributors, factories, material suppliers, etc can transact amongst themselves with Peak processing the payments for a fee.