Payfare Inc T.PAY

takeout from the conference call

[Hich1205]

Very boring conference call, no info or indicator on how material is the doordash contract or on the # of users of doordash
But 
it seems like the  lyft + uber contracts are doing better than we taught with increasing users + there's some large geek operator in the loop + the promising ADP-EWA contract, so definitely the company is worth more than just the cash on hands with 0 value for its remainning business.
PS: if you read bettwen the lines, as for strategic initiatives, the management is more considering investment, acquisition or some sort of business alliance , definitely not a whole company sale 

seing this thing at 3.5 to 4 $ early 2025 once we receive enough info to give a value for the lyft / uber / adp business

[yogi33]

Market cap = cash. This tells you alot about the markets belief in the company, technology, and perhaps limited markets/customers. Next 3 months are pivotal 

[WillyGreen]

Yogi - market is stupid. Don't give it that much credit. I didn't own a lick at $8.50. Now over 5% down here. I'm comfortable with owning it at cash. The conference call, for me, was positive. Just like the stock going down 75% when DoorDash non-renewal was announced on September 26th, you won't have time to buy it back at these levels. I hear condor but disagree that this is a

[WillyGreen]

And the gamble was at  $8.50 on September 26th with no update on DoorDash renewal. Not here. 

[WillyGreen]

Final comment for a while on this thread. This  discussion is what makes a market. Some investors view payfare risky at $2.10 without clarity on a new contract. I viewed it as untouchable at $8 without clarity on a DoorDash renewal. At $2.10 per share; $100m on balance sheet, 30% revenue coming from other contracts; and late innings ion 1 to 3 new contracts that will replace DoorDash assuming

[psmith]

logic seems reasonable...not sure I agree with upside of $8.50, but agree odds are in favour of upside...good luck