Dakshidin Corporation (DKSC)

[HokieHead]

Interesting news...

Anyone know the share structure here? Not front loaded or a lot of volume. Any see this possible tie:

Multiple parties have already expressed interest in using the transfer service. Chris Haigh, who was involved in the development of the bank card platform and has nearly 20 years experience in the prepaid card industry will be Condor's CEO. Various parties with significant followings have expressed interest and additional information will follow soon on the industries, countries and contacts Condor plans to focus on initially.

Interesting about Scoot:

Scoot is a mobile application that allows ANY cell phone to be used for making direct money transfers through SMS text messaging without having to use a bank account. The Scoot platform is compatible with any stored-value or debit card network (MasterCard/Visa). Debit Cards are currently accepted at over 23 million merchants and ATMs in 210 countries. Users can simply purchase a reloadable stored-value debit card from Scoot.com which will link their cell phone number to that card. Scoot users can manage their card accounts and send money from one stored-value debit card to another using text messaging with their cell phone numbers as the unique identifier. Transferred funds can immediately be used by the recipient in the same way as any other debit card.

The platform also provides a potential solution to a recognized problem facing the legal medical marijuana industry as it allows customers to pay for their prescriptions using a closed loop card issued and managed by Dakshidin thereby alleviating the current situation whereby dispensary owners, due to their inability to accept credit cards, are forced to keeping large amounts of cash on their premises.

My guess is this will be a formidable MJ play in the near future.

The company plans to share updates as they become available to keep DKSC shareholders abreast of the progress. DKSC plans to complete the previously announced name change to Fontus in the near future and additionally intends to update its filings so as to bring the company current.