Member Info for John21

If you bought in on that big spike then yes. If still invested from April 2014 you will notice that turnover and profits have rocketed and also the share price is recovering from a low of 11.75p last year. Profits will come. Not any Tom Dick or Bank gets into bed with Bank of America.

The share price is showing about 27p for April. If it was now down 60% that would give us a share price of around 14p? Aunboy how did you work out the 60% drop?

Tuesday night our owned hotels of Croydon Birmingham Manchester and Glasgow are sold out.

Aunboy - We had a trading update in August last year and the year before that it was in July. Hank Uberoi has not failed. In the RNS 26th Oct 2016 Final Results for the year up to June 2016 We did 6.6 MILLION transactions FOR THE YEAR a 64% increase in the year before. In the RNS 31st Jan 2017 Trading Statement for the 6 MONTH PERIOD ending Dec 2016 We did 5 MILLION transactions IN 6 MONTHS an 80% increase from the year before. It was only in December 2016 that we ramped up our transactions with Bank of America. These figures are huge if every year you get increases of +80% If you or others have sold then so be it. These figures are amazing. Try doing a graph for the last 5 years on profit and revenue and carry the line forward to another 5 years It's amazing. As for Hank he has certainly not failed.

Over the last 12 months the SP is up over 90%. We were at 11.75p. When we were at 30p this figure was up nearly 300% in less than 12 months. As for new customers we have been scaling back on the smaller customers (hence no new news) and focusing quite rightly on the big boys i.e Bank of America. The ramping up of one customer could blow our current market cap out the water and make us one one the biggest payments companies. Hank has said this on YouTube interviews. We upped our relationship with Bank of America back in December via RNS and our last update also said that we hit our best ever month for December. We won a prestigious award in March / April 2017 and this was reported that it was due to our working relationship with Bank of America. Reports suggest 2017 is the big year of Fintech growth. Just because the SP has dropped doesn't mean Earthport isn't cutting the mustard. I believe this company will blow £1 a share out the water, but not in a straight line.

We dont need new customers. We have enough customers now to make us the biggest payments company. No bad news, no fund raising. No news is good news. Soon we will know about profits and dividends.

This has been shorted due to the quick rise to 30p and no update expected in June. Once the good news comes the shorters will have to buy the shares back in order to end the short. Lets hope they get caught out.

Should be getting an update soon of record transactions since December. The lack of news has seen volume and sp fall off a bit. We may have hopefully bottomed out and have a gradual rise on expectation of a good update. .

Liverpool is taking bookings in September.

180 room hotel planned in Oxford.

£10 million a year income just from franchises? Wow that will do me on its own.

Yes iI have seen one of them. Thats what go me to invest. How much do we get per franchise hotel is it about £50k year?

First time I've bought in. The new Birmingham and Manchester hotels look very good and to have over £1m a year coming in from franchises is easy money. Also they are already paying a dividend from 50% of any profit they make is very exciting.

Only one room left for tonight at £86.

Just bought £8k not showing yet.

Earthport has predicted £125m turnover in about 4 years. That would be about 50 million transactions a year. Upto December 2016 we were doing about 8 million transactions. Bank of America went live in Feb. So i expect that to increase month on month. Our gross profit is at 70% per transaction. A fag packet calculation would be £100m profit and a profit of 20p per share. They could payout half that making a 10p divi a year.

This was bought down by the mm's to fill a large £1.5m order. Going back up now.

The opportunity remains and the business model is fit for purpose. ""Mega projects remain in the pipeline for core customers such as BoA"" (which we assess in some detail in a report we are publishing today) http://www.earthport.com/wp-content/uploads/2015/08/market_research_Panmure_Gordon_25_January_2016.pdf

""The global head of payments at Bank of America said Earthport is going to change corespondent banking world wide and he moves half a trillion dollars a day."" Watch between 3.00 and 3.56 minutes. https://www.youtube.com/watch?v=zYpaBKRvxXc We currently move $10 billion. Scalability is huge. We currently move about $10 billion a year.

Earthport only do B2B transactions and not consumer. The B2B market is 100 times bigger than the consumer market. We are scaling up our transactions on a monthly basis. We had our biggest month on record in December 2016. I think we will break records as each month goes by.