Versapay Corp - Ordinary Shares VPYYF

show me the money

[UglyTruth78]

They are still losing so much money with VesraPay Solutions and the point of sale business has no growth. Even with the growth in the clients they are still going to be losing close to 1M every 3 months at this level which is twice the revenue they are bringing in with Versapay. They will not be profitable until there are hundreds of people using the software. You got a long way to go.

[Razerrator]

How do you know they are still losing 1M every three months? Read the latest News release and stop your speculative bashing! They added 27 more suppliers using the ARC platform than 3 monhs ago, this will help increase revenue. Customers, transactions and usage of the software in general is growing fast. Payments using the platform have doubled in 3 months! At this rate it is 16 times per year

[TigerMomInvest]

100% right.  Its difficult to isolate how much revenue actually coming from the so called ARC customers.  Its mixed with the solutions numbers, but all the $ is being sunken into it.  VPY is a strange play.  Almost all its business comes from reselling other providers services, not much from proprietary services.  But every few weeks the price gets bid up only to get cut

[Trelawny]

TigerMomInvest, First - Cortex (CBX) and Versapay (VPY) are in completely different businesses. VPY is A/R Automation. CBX is in A/P. They solve VERY different issues. I think Joel, the CEO of Cortex, is a great person and good CEO. That said it took 10 years to get to 8800 end-payers. It took VPY six months to get to that metric. The problem that VPY solves is much bigger, and more readily

[willyk3]

Terrific review ....thankyou....i was beginning to wonder why  i bot my shares....looking forward to some phenomenal growth. cheers