Exactly, it was mode and the way they signed up the affiliate to it. Furthermore, the three merchants named pulled the rug form under other crypto cashback affiliate program providers too, not just on Mode.
Clearly under pressure but wanted to be humble and clear about it. They do not want the affiliate program to fail so are proactively talking to them and seeing if they can offer their payment rail product directly. This will improve margins in the long run. He made a good point about being regulated which means that only registered crypto companies in the UK can get involved in payroll. Pressure never the less. Never addressed the funding issue clearly.
RE: Something Nasty In The Pipeline10 Jan 2022 22:34
The whole market is going down. Liquidity is generally poor because of crypto getting the money instead of stocks. Furthermore, Lithium and copper are in a short term bull run that still has legs and lets be honest, Wise it is expensive but a good product offering though!
RE: RNS: Reduction of Share Premium Account10 Jan 2022 17:42
I believe there are revenues are ahead or anticipated to be ahead because they make money from the volatility in leccy prices. Regardless, for now at least they are cash rich and the divi is covered from what i can see. No complaining here.
and we got a big boost today. When we get it officially, we could see quite a rise. No idea what too but news is due this month! I am emptying my piggy banks. :-)
Thought it was just in Q1 we will get an update but it seems they will push out the information this month on the latest survey and testing results. Continuing to build my position whilst it is sub 20p.
Not only an OTCQB listing but also an ASX listing on the cards in the next 18 months or so. They should ASX list first TBH. Interesting to listen to the valuation comparisons. Some dilution to take into account with the numbers but even so, it is a multi bag for sure over the next 9-12 months.