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Re: Bo_Donkey post# 5837

Wednesday, 11/12/2014 4:47:37 PM

Wednesday, November 12, 2014 4:47:37 PM

Post# of 20053
Good point about the cost of conventional cards and whether SMME can sell cards at $50 is debatable... but the banks are masters at recouping costs. They can just apply a marginally higher rate to their existing excessive interest rate charges.
I suspect the LT issue will be getting the cost of production down from $25 a card
BUT it is all academic until they secure the FUNDING

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