Banxa Holdings Inc V.BNXA

End of day push for green !!

[Vancity1]

Can we work together and make a run for Green !! Small asks up and up and market buys !! 

good luck and have a good weekend.

[Urbani]

Ha... our resident short is back again... workign it... too funny... Van... just bought another 200 shares at market to try and help out your cause. BNXA ... way undervalued...

[Vancity1]

Yea I muted him. 

[Urbani]

Ha, don't do that... you need your kicks every once in a while... Just goes to show people do not know how to really read Sedar and how to project revenues... VYGR is a good short for sure.... BNXA a real company ready to move NORTH FAST... Enjoy the weekend ...

[Vancity1]

He should buy some as a hedge against being wrong... I'm expecting 100M TTV for March, putting total revenue for the Q around 220M$ And up more than 1300% YOY records set on all metrics.  CEO reported they are growing beyond expectations and scaling up to meet demand. Also planning new products for additional revenue streams.  The Webinar March 31st gives people a chance to ask

[Vancity1]

I meant 220M$ TTV for the Q not revenue, yet. 

[Averagewhiteguy]

Dominic said in the March 25th investor summit that it's likely that they'll have a TTV in March between 160m-170m.   

[Vancity1]

AWG that would be real nice, if that happens we could realistically see TTV growing in the future to 200M per month or even a Billion per Q once we scale up enough. Is there somewhere I can find a recording of that webinar ? 

[Order66]

I thought what he was saying with that 160mm ttv statement was that was the ttv they reported to date for the quarter with March results to come. Looks like there's a replay of the webinar here, may have to register to watch it. It was a good one. https://zoom.us/rec/play/TtHpSLum_E4eZtjJTe-wLnAm0rQbuzvk6n5WEJgCtpFRF5WyVQwqrccXVQ6jVOP6eM7ch-4P3TlhfHA0.TBYnt8X0x5YUMxlD?continueMode=true&_x

[Averagewhiteguy]

Ya possibly, I didn't rewatch  to confirm that's just a chunk of it I remembered. I'm not a recording just some goober on stock house.  Goes to show to fact check everything you read.  Especially this lost voyager supporter your on the wrong board buddy going to have to start reporting you    "Voyager and Banxa are not competitors" 

[Order66]

I've listened to it a few times and the way he states it isn't overly clear. 160mm to 170mm ttv he says at one point, at another he says above160mm ttv. It seems like he's talking about the quarter, but 160mm ttv would likely only represent a very conservative estimate of 35mm for March which would seem impossible after 55mm in Jan and 70mm ttv for Feb. So either they plan to do 160mm

[Order66]

Also, not to mention his desire to be listed on Nasdaq. I read on another board that the fast track is about a year after being listed, but I haven't looked into this enough to be knowledgable.

[JamesWilloughby]

The way I understood it, he was saying 160 M ttv for the quarter, which would put March ttv at 35 million. I was expecting in the 100 M ttv for the month of March. Do we think he is being ultra conservative? He also talks about slowing down the growth in March so they can work on their business and scale it properly moving forward. So maybe March will be less TTV than we all expected.... as they

[Urbani]

So James... That is what I just posted before you... except that he said $160 plus ... March is not over of course  it is not.... yet.... That is why I used $170 Million for the quarter and a probably to low, but conservative $7 Million for the quarter in revenues... The CEO is usually conservative at best... However, the quarter numbers are like a $28 Million annual revenue as BNXA gears

[Order66]

Yes, he also said they currently work with about 50 exchanges. They've targeted 500 exchanges to work with out of a few thousand available. Also, acquiring more licenses in more countries. Exchanges considering using their domains to advertise and acquire business. Cash they brought in from pp is obviously to scale in my opinion. Putting themselves into the position of being able to serve a

[Vancity1]

Banxa will 10X from here within a couple years!! 

[Urbani]

Van... more than likely BNXA will be 10x from here in 10 Months .... not two Years...

[Vancity1]

I would love that but I tend to be conservative. I'm holding 16k shares now so would really love that. 

[Tuco110]

Once the kinks of the new format are worked out and the new partnerships start kicking in they should be ramping up to a minimum of $150mil TTV per month very soon and I can see BNXA at $1bil market cap by the end of summer.

[Vancity1]

Urbani: if Banxa partners with voyager and coin base this year our growth is going to be insane. We are an asset and a helping hand to these companies for there expansion and growth plans. Banxa could do a hiring blitz and hire the people they need quite easily.