Banxa Holdings Inc V.BNXA

Prediction

[Vancity1]

IMO, I don't see this company making it past this cycle. Every time this comapny has said they are raising capital to use for transaction liquidity they end up burning it all on salaries, interest expenses, foreign exchange loses and everything else they lose money on. I think the party is over this is left over garbage from last cycle and the only reason it's here still is because the insiders who have money have leant the company money at 25% apr in order to keep there jobs, essentially funneling the money right back to there bank accounts via paycheques and internet earned at predatory rates. There is zero liquidity in the shares trading on the OTC and tsxV combined. Even if miraculously sow volume appears to pump and dump this, it will disappear as fast as it appeared.

[BigBangOrigins]

You sound like a broken record with the negativity. What are you trying to achieve? Did Banxa hurt you in some way that you seem to be lurking only on its forum? Banxa has become profitable, something they have not done in the past. It took less than 24 hours to debunk your prediction. The new Board member has been a breath of fresh air for Banxa.

[Vancity1]

Keep your comments company specific, personal attacks are out of line. Your comment is false positive adjusted EBITDA is NOT profitability rookie. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net profit before tax excluding depreciation and amortization expense, share based compensation expense, unrealized loss on inventory, finance expense, realized/unrealized gain on