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News Flow for April and Beyond

  1. 13,331 Posts.
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    With so much going on at PIL.... and lots of news expected in the next few weeks, I thought it was worth making a new thread.

    What we know for sure is going to happen is the Quarterly by the end of April.
    Should be really interesting as we'll get the increased revenue fromMetro Bank Mobile App which was re launched recently. What I'll be interested to see is whether they decide to separate the Bank, and non bank revenues in the quarterly.

    We also know that the renegotiated $300K placement to Smidge will take place in April.... calculated at 25% Premium to the 30 VWAP... for April. My guess is that we can expect a few other juicy announcements in the next two weeks that will push that VWAP skywards.

    * Launch of new Myweps site
    * News of Sante Barley roll out of League Pay.
    * Launch of Bizmoto
    * Purchase of Remit Wisely, entrance into International Remittance Market and new cash flow positive revenue stream.
    * Launch of Micro lending via Bizmoto using Credolabs verifacation and approvals.

    Sure is a nice little pipeline there... and with a few others I haven't even mentioned too!

    What do we all expect the rest of April will bring... (apart from a SP of 5c)

    Exciting times!

    Coco
 
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