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Bullboard - Stock Discussion Forum Netcents Technology Inc NTTCF

NetCents Technology Inc. is a Canada-based company, which offers merchants, partners, and users an entire cryptocurrency ecosystem by providing full payment integration, instant settlements, and security. It provides eCommerce Payments, In-Store Payments and Instant Settlements. The eCommerce Payments, which includes shopping cart plugins, hosted payment page, API integrations or via email with... see more

GREY:NTTCF - Post Discussion

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Post by Rob0012 on Mar 23, 2021 7:36am

Skeptical

I went through all documents on Sedar since June 2020.  As much as all NRs were full of promises of all kind, no wonder the SP didn't go anywhere.  The last posted numbers on Sedar are from Sept 29th 2020 and are for the 9 months ebnded July 30th.  At the time, the Co had $8.3M in assets and 7.3M in debts.  Since then, well, we have no clue what the financial position of the Co is.  Even received a non filing compliance from the Regulator on March 1st.  If a "formality" for NC management, how am I supposed to build trust into their business if I have no access to the books?  Everything else is fluffy stuff and promotion fireworks.
Where's the so long time  promised Visa card?  Delays after delays after promises and comitments.
Enough said.  I'm not bashing.  Even dsapointed not being able to buy into this promising story.  Will remain on my radar screen for a while.
GL
Rob
Comment by Noscams on Mar 23, 2021 9:57pm
All good points . I think we have all seen this type of stuff before . Mean while the managment of these companies still manage to get rewarded......
Comment by Arbutus22 on Mar 24, 2021 2:23pm
Non-filiing notice is a formality; not a big deal. I spoke with IR this morning. Latest Q expected to be released by next week at latest. Visa card: company last reported as follows: The final steps that the Company is now completing are:  Integrating the BIN into the Visa network via i2c Integrating into the Apple Pay and Google Pay networks to allow card holders to add the ...more  
Comment by Arbutus22 on Mar 25, 2021 1:56pm
NC tripling size of sales and account management team. Transaction volume exceeding all expectations. How could corporate build out move any faster? Yet, sp languishes. Makes no sense other than people not recognizing company value. My guess: in minds of many, sp tied to price of BTC, which has been dropping. This too is irrational as NC grows based on crypto adoption, not BTC or other crypto ...more  
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