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Bullboard - Stock Discussion Forum Payfare Inc T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based international Earned Wage Access company powering instant access to earnings through a digital banking platform for the workforce. It partners with e-commerce marketplaces, payroll platforms and employers to provide financial security and inclusion for all workers. It partners with platforms and marketplaces, such as Uber, Lyft and DoorDash. It provides services... see more

TSX:PAY - Post Discussion

Payfare Inc > DoorDash transition - crickets.
View:
Post by WillyGreen on Dec 20, 2024 7:15am

DoorDash transition - crickets.

Interesting that we haven't heard anything on the terms of the transition. Is it possible that the contract needs to be extended? 

As for the other 3 potential contracts, we may have the final decision in late q4 or early q1. Stay tuned.

Comment by psmith on Dec 20, 2024 9:45am
WG....is that information, or speculation?  thxs
Comment by WillyGreen on Dec 20, 2024 10:47am
Psmith - Get a copy of the transcript of the conference call post q3 results. Specifically mentions that the terms of the transition has not been finalized. Getting closer to February and still no announcement from either Payfare or DoorDash with respect to the transition. Hard to shut down 60% users of this app.  The q4 or q1 for the potential of two new contracts also mentioned by the ceo ...more  
Comment by auburn2 on Dec 20, 2024 11:24am
He needs buyers for all the PAY shares he bought.
Comment by WillyGreen on Dec 20, 2024 11:35am
This post has been removed in accordance with Community Policy
Comment by WillyGreen on Dec 20, 2024 11:50am
Crocster - really starting to dislike you. No skin in the game so you are just an air bag. Chirp chirp chirp. Not a buyer and not a short seller. Really boring. At 100m market cap with 100m cash, I'm seriously thinking of buying it all. 
Comment by auburn2 on Dec 20, 2024 12:01pm
They have no viable business. The spare parts are worth substantially less than the market cap. Buyers of Veren yesterday are up 5.2% already. Veren is highly liquid and is at 52 week lows with investment grade credit.
Comment by WillyGreen on Dec 20, 2024 12:22pm
Should have bought paramount bro. A $15 special with 12 tax free and $3 eligible. 
Comment by WillyGreen on Dec 20, 2024 12:35pm
Nice chart on Veren too. Down 35% since July and you are touting a 4.5% pop in a day. lol. Nice work 
Comment by auburn2 on Dec 20, 2024 12:58pm
5% in a day on 75% of one's liquid net worth. Do the math. VRN is extremely liquid. If you weren't stuck in PAY you could have added 5% to most of your net worth like I did. In a single day.
Comment by WillyGreen on Dec 20, 2024 2:44pm
Bud - I added 75m with the special. Bid deal. 
Comment by WillyGreen on Dec 20, 2024 2:45pm
Enough to buy this junk pile and not skip a beat. 
Comment by WillyGreen on Dec 22, 2024 2:28pm
Where'd you go Crocster? Expecting a jab or two today. 
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