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Bullboard - Stock Discussion Forum Payfare Inc. T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig... see more

TSX:PAY - Post Discussion

Payfare Inc. > Unaudited Results
View:
Post by 1condor on Apr 25, 2024 7:22pm

Unaudited Results

Not sure why they would release unaudited results at this time...but at least if gives us holders of the stock a look at the numbers. Must say those numbers do look very good. Hard to say how the market will react tomorrow as again these results are "unaudited".
Comment by Hich1205 on Apr 26, 2024 9:05am
In a normal world and a real stock market, we should see a big jump in the stock price today. The numbers are great and the risk they will be different in the audited financials is very low: the management took a certain personal responsibility to go to the market with these numbers, the odds are high that its just a matter of administrative management of the audit matters.  Now, we are in ...more  
Comment by digital130 on Apr 26, 2024 12:52pm
numbers are great.  Low float. Market seems to be getting a little bit more to the negative side, where good news doesnt have the same effect, it did 3 to 6 months ago.   Who knows why financials were late, filing.  Maybe to collect more cheap shares. Looks like a good niche with bright future. Take care
Comment by 1condor on May 21, 2024 1:23pm
I believe they said this will be cleaned up by May 22. Okay...one more day. Not sure what the market will think if they again extend this date...or does it even matter anymore.
Comment by WillyGreen on May 21, 2024 5:09pm
I don't think it matters anymore as they have already come out with q1. I was a buyer today. 
Comment by Hich1205 on May 22, 2024 10:55am
that`s right, i don`t think it will matter. My concern is about management being able to trade again with the end of the MCTO, and the past 18 months have shown that this management will flood the market with thounsands if not millions of shares as sellers 
Comment by 1condor on May 22, 2024 11:55am
I just cant see the market letting this slide. Not saying the stock is going to crash but I would not be surprised to see a 3 to 5 percent dip if the results are not out later today. 
Comment by RawSienna on May 22, 2024 12:21pm
Either annual finacials or a two week status update are due today as last update was 2 weeks ago, according to the guidelines.  "until the Company files the Annual Filings, it will comply with the alternative information guidelines set out under National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults, including issuing bi-weekly default status reports by way of ...more  
Comment by WillyGreen on May 22, 2024 5:25pm
So May 31st appears the date for filing annual statements. Bargain hunting today below  $6.50.  Wiorth $7+ now. I think I added 35000 shares. 
Comment by profitprophet1 on May 22, 2024 6:09pm
I'd love to know which vendor is causing the problem.  I understand Payfare not naming them as they have to maintain great relationships with their clients,  but sheesh. This got ridiculous a long time ago. Not sure what the adjective is now. I wonder what the new date after May 31st will be.
Comment by 1condor on May 22, 2024 6:38pm
We all should not be surprised by this. Now lets see what the market says tomorrow. I will only add to PAY below 6 bucks. Possible we see that occur again over the next week or so. 
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