MoneyOnMobile Inc (MOMT)

[HornsOfTheBull]

CLPI mainly serves the unbanked through a sms mobile payment platform. They currently have the largest footprint of kirana stores in India and have continued double digit revenue growth consistently. I believe they are a take out target as well. The unbanked is the majority of the population and they are in an excellent position to take advantage of the amazing growth in that country. Now that they dissolved the American credit card business they are 100% Indian focused. Just added ex Square exec to the board as well. Undervalued at .90c. Should be $1.50 based on footprint and growth prospects, revenue growth projections. Getting close to profitability with each qtr. Should happen by 4th qtr.