GreenBox POS (GBOX)

[huka]

Fools sold me a ton of 5.60s

[lone-wolf]

Lester & B-Dawg
It’s good hearing from you both. I’m sure you both are super anxious for Ben to start checking items off on his promised list! You both were here before I jumped in. We have all waited far too long. Ben needs to finalize everything he has been telling us for the past 8+ months!
I’m attaching two links to review. The first from last summer, referencing the Transact Europe acquisition.

https://finance.yahoo.com/news/greenbox-announces-acquisition-transact-europe-123100588.html


When I first read the press release last summer, I just saw TE’s Visa & M/C involvement. I thought great! GBOX will process massive European payments. Then last week rolled around. I followed a link to a YouTube video sekert posted explaining the third vertical TE is a Principal Member of, China “UnionPay”. Here is link explaining the history of UP. You should rewind video to the beginning. A slow beginning, but as you listen further, overall, everything is well presented. By the end of the video, you have a good understanding of UP’s full history & where it’s headed.
Pretty exciting.

I sure hope finalization of TE purchase happens soon!
GO $GBOX!!!

[Photog]

I would!
This stock is a turd. It’s amazing how y’all can be so calm as it keeps dropping like a rock.. of course the pumpers will jump in and bash the naysayers and try to talk crap about we don’t know how great this is… it’s all a pump and dump. We got hosed by this company. April it was $16 a share.. this April we will be lucky if it’s at $2! Pathetic. Ben’s getting paid. What does he care? Should have seen it in the name.. POS!

[LutherTiggs]

The guy with the pay site on Stocktwits who seems to have some connections said something significant/good in the offing. FWIW. I am hanging on to all my shares...lots of risk obviously, but would not be surprised to see something significant happen.

[lone-wolf]

I missed reading about him leaving. Low price is tough to stomach! I still have not sold any shares. Last summer I really loaded up so I'm way under water. It seems like we are back where we were 1 to 1.5 yrs ago. I hope transact Europe closes soon.
Too much to speculate about coyni. Did he go to a competitor, was he really a co-founder?
Large institutional ownership gives me optimism in the direction we are heading though. I keep reminding myself.
Thx.

[vein]

Beat down

[vein]

The best down here is staggering

[B-Dawg]

Other than they have parted ways…. No. Sub $2 coming fast

[lone-wolf]

Have you heard anything about Paul and coyni updates etc??

[bb72mo]

More like .46

[B-Dawg]

Back to .60 levels pre split…. Unbelievable.

[lone-wolf]

I wonder how sanctions to "SWIFT" money flow will effect Bulgaria & Transact Europe?

[lone-wolf]

I found article this morning. One of our directors does M & A with Bank of OZK

This Small Arkansas Bank Is Fueling America’s Skyscraper Boom” (WSJ)
“The most prolific lender to Manhattan property developers isn’t Wells Fargo & Co. or Citigroup Inc. or any of the other big global banks. It is Bank OZK, which not that long ago was an obscure lender from Little Rock, Ark.”

Bear Cave statement. Wonder what they will report?

GO $GBOX

[B-Dawg]

Great find and what a great interview. Maybe the best explanation and comparisons yet. Love how he spoke in comparison about gas fees w ethereum as opposed to no gas fees with Coyni. Great metrics discussed as well.

[vein]

I have been adding down here

[LutherTiggs]

Good stuff from Ben in this podcast/interview...

https://accelerateshares.com/podcasts/absolute-return-podcast-198-leadership-chat-greenbox-pos-co-founder-ben-errez/

[Muntey]

Jacqueline Rogers says that credit cards and banks are basically obsolete?
What a moronic thing to say. The equivalent would be saying oil and gas are basically obsolete.

[oxnous]

GreenBox POS Update
(NASDAQ: GBOX)

GreenBox POS (NASDAQ: GBOX) is an emerging financial technology company leveraging proprietary security and token technology to build customized payment solutions for business. The company’s mission is to build compliant, cutting-edge blockchain ledger tokenized solutions for the diverse, evolving and dynamic global market.

GreenBox applications enable an end-to-end suite of turnkey financial products which offer improved fraud detection and better handling efficiency of large-scale commercial payment processing volumes for its merchant clients globally. The company’s proprietary blockchain and smart contract token technologies create seamless payment processing using digital encryption keys.

GreenBox is a unified platform providing scalability for businesses to accept payments, transact, send, settle and convert in a single versatile ecosystem. GreenBox operates a private and proprietary blockchain-based payment platform that offers distinct advantages when compared to traditional payment technologies, including greater security and data privacy, as well as enhanced identity theft protection and quick settlement.

As the settlement engine for financial transactions, GreenBox’s blockchain technology is a distributed ledger that uses digitally encrypted keys to verify, secure and record details of each transaction conducted within GreenBox’s private ecosystem. The speed and security of the platform allows GreenBox to log immense volumes of immutable transactional records in real time for Tier-1 partners around the world.

In November 2021, GreenBox announced the closing of a previously announced $100 million convertible note financing. The company plans to use proceeds for acquisitions, a planned stablecoin spin-off, and additional working capital toward the company’s future growth. The initial conversion price equals a more than 80 percent premium to the market price of the company’s common stock on October 29, 2021, and values the enterprise at more than $700 million upon conversion.

[M8Seven]

[M8Seven]

click here

Thanks to GBOX technology, Bitcoin is being used to buy toilet paper.

[B-Dawg]

To my understanding, no, Bitcoin is not a factor in our stable coin. Bitcoin is volatile whereas a stablecoin should not fluctuate in value as it is backed dollar per coin. We aren’t developing a cryptocurrency in the sense of say Cardano or Ethereum. Those are infrastructure platforms for smart contracts. Layer 1 protocols Those crypto’s and stablecoins do not compare

To the question of demand… 2 points, fraud prevention and transaction reversibility. Look at those from the eyes of Fiserv and Visa. Any idea how much money they lose to unrecoverable fraud every year…. Imagine if a solution was presented that materially reduced those numbers…. That’s what we have w our proprietary blockchain tech coupled w stablecoin development. I believe we are in the probationary nary proving stage. When we can prove to those guys what this does….. we’ll that’s why we are all here.

[M8Seven]

GBOX News

Can't get the link to work. Jacqueline Reynolds did an interview on a money show on youtube. Search her name to get the interview.

[JBH87]

Well, I agree bitcoin wasn't created to buy paper towels. Most people buy bitcoin to keep it longer term. But isn't bitcoin one of the currencies used to pay in payment processing? I do understand blockchain and why its superior. And to that extent GBOX is superior for sure.

My question is really around demand. To really generate revenue there has to be widespread adoption of the payment solutions GBOX has created. Is the average consumer going to use their crypto currency to make retail purchases? If not, why would retail oriented businesses adopt payment solutions for this? Are there other users that will generate bigger dollars than the average consumer?

[Baerg]

As an aside - MZ Group confirmed via email that EF Hutton waived the restriction in the terms of the $100M note regarding no stock buy backs - which is why GBOX was able to announce the accelerated plan. Not sure this changes any outcomes here one way or another but perhaps gives some context to the relationship with EF Hutton. Wasn’t sure if this hit the Stocktwits board or anywhere else so thought I would share. Should be an interesting week or so ahead

[Baerg]

Totally agree!

[B-Dawg]

Bitcoin was not developed to buy paper towels. You need to educate and research more into crypto. Start with reading the bitcoin white paper.

[ceobillionaireboys]

And growing and other verticals come from it. It not going to only be 3 million annual it will and is becoming much much more

[Baerg]

An email a friend sent to Mark at MZ Group. Just FYI.

Hello Mark,

Question for you on the January 18, 2022 announcement of the bulk ACH Channel.

I am looking at the following paragraph:

Since the new program's commencement, GreenBox clients have already committed to over $50,000,000 in monthly ACH processing and the number is climbing. Generally, the average ACH ticket is approximately $150.00, with margins ranging from 20-30 cents per transaction. What's more is that these new ACH processing abilities also allow the Company to capture the business of, and support clients in higher risk categories, earning an additional 20-30 basis points per transaction.

My question is as follows: Does this mean that for the customers that are considered high risk, on a transaction size of $150, GBOX would have revenue of $0.50 ($0.20 + $150*0.2%) – $0.75 ($0.30 + $150*0.3%)?

Thanks,

Yes, your math below is correct – should come out to around $2-3m annually based on the $50m and avg trans size of $150. Also, as pointed out in the press release, they expect monthly volume to increase.

Thanks,
Mark

[ceobillionaireboys]

First the transactions are on the blockchain and have special tech to eliminate or greatly prevent fraud. Being on the blockchain the transactions settle instantly unlike most legacy and traditional payment systems so think small businesses where getting paid is important that’s money for goods much faster. Now to be able to convert crypto to fiat is a benefit because think how many people have large sums of value in crypto they can now easily change from fiat to crypto with much less time and fees making use of all currencies which eliminates inability to pay for those who want to make purchases but only have crypto

[JBH87]

You are probably right. That's why I asked the question. I'd like to understand it better or find a place I can understand it better.

[ceobillionaireboys]

You obviously don’t understand blockchain and legacy payment systems or you would know why Gbox is far superior.

[JBH87]

I have been invested in GBOX since pre NASDAQ. I have bought on dips and sold on peaks so have done well but always maintained a good sized core long position.

I am struggling with a fundamental question on GBOX is this: Why does anyone need GBOX? Are they trying to replace cash registers or online purchasing? And are people really going to use their bitcoin to buy paper towels and toilet paper? It seems to me the vast majority of Bitcoin investors (Thread LTD excluded) are buy and hold investors.

So where is the demand for GBOX POS services going to come from? It may be that buying cars, houses, or other appreciating assets might become a good use for this technology, but everyday retail users? What am I missing?

[TheNightCat]

Day*

[TheNightCat]

Times like these hurt… just gotta stay strong and not look at the market every

[ceobillionaireboys]

The market has given a gift to everyone here. If you’re looking for exponential growth don’t be on the sidelines watching $GBOX soar. From <200 million in processing 2020 to approx 2 billion in processing 2021 and projected 5 billion 2022.

When the Fiserv news (CBD/cannabis) eventually drops, anywhere from 10-30 billion/year in processing = 160-480 mil/year revenue (conservatively, not factoring higher margins for this high risk merchant) will be added to the books.

Oh and don’t forget Coyni when released Q1/2 ‘22 expected initial 500 mil/month processing = another minimum 48mil/year revenue for GBOX (as 50% owner) plus a complimentary shareholder dividend in Coyni itself at a possible 2bil valuation!

On top of that watch out for more organic growth from the Charge Savvy line, a 500 mil/year processor who just had 166% y/y growth & from Transact Europe now finalized and providing GBOX/Coyni access to huge void in European market left from Wirecard insolvency.

Expect more growth in ACH vertical which just launched & is already in one month within the top 40 financial institutions and projected at this rate over the year to be within top 10. Also add fully scaleable markets in NFT’s, P2P, B2B, white label, cross border transactions.

The list goes on & on because blockchain is the future of the payment industry in finance &GBOX provides a fully regulated custodial/transactional ecosystem (who BTW is the only blockchain authorized by Office of the Comptroller of Currency & who is also PCI level 1 compliant)

through their patented tech which is an unhackable distributed ledger, with real time attestation, 100% fiat backed, providing instantaneous settlement which also happens to be the only stable coin with a REVERSIBILITY feature.

[ceobillionaireboys]

Pos transactions always have a cost per transaction and a percentage and add in high risk transactions their is an additional cost per transaction as well typically but knowing Gbox who knows what deals they worked just to win over the business accounts initially

[LutherTiggs]

You think 1.5% transaction fees are IN ADDITION to what they already said is 20-30 cents in average margin per transaction? Why would they not also consider that part of their margin by definition?

[ceobillionaireboys]

Transaction fees and around 1.5% average transaction like all processing. 50 million committed now and growing

[Baerg]

I believe you are correct. I had originally done the math wrong but when I went through it again I got to the same place. It does seem like there is much larger potential in that vertical however - which is great.

[Baerg]

https://globalintelhub.com/the-bit-short-inside-cryptos-doomsday-machine/

Interesting link posted on Stocktwits. Just in case anyone missed it.

[LutherTiggs]

As I look at this...I would calculate GBOX monthly revenue from ACH as very roughly:

$50,000,000 divided by $150 = $333,333. $333,333 x .25 = $83,333. Of course, as stated in the PR, the ACH volume also provides GBOX the opportunity to process additional higher margin, higher risk transactions.

I find this particularly relevant in terms of GBOX meeting provisions of loan agreement hurdles required for Q1.

Also, FWIW, GBOX states in the PR "committed" volume of $50M in ACH...that may be different from what they are actually processing.

[LutherTiggs]

CEO, you said...

"The new ach platform alone currently is bringing in over 750,000 revenue a month and growing and growing up to billions monthly."

The GBOX PR of January 18 states...

"Since the new program's commencement, GreenBox clients have already committed to over $50,000,000 in monthly ACH processing and the
number is climbing. Generally, the average ACH ticket is approximately $150.00, with margins ranging from 20-30 cents per transaction. What's
more is that these new ACH processing abilities also allow the Company to capture the business of, and support clients in higher risk categories,
earning an additional 20-30 basis points per transaction."

I am trying to reconcile your statement vs. PR. Can you please assist/explain?

Thanks.

[tobin989]

Fantastic! Sorry to have worried publicly.

[ceobillionaireboys]

That’s a foolish statement why would there be a reverse split? We have less than 45 million shares outstanding and the authorized is 450 million shares and it’s not going to happen but worse case scenario ef Hutton get 59 million shares for the 100 million cash we received that still leaves us under 100 million or so outstanding.

The company is growing so well and doing amazing the doom and gloom isn’t needed here

The new ach platform alone currently is bringing in over 750,000 revenue a month and growing and growing up to billions monthly.

Gbox is way way undervalued when looking big picture and the growth trajectory they are on.

[tobin989]

Seriously hoping there is NO reverse split!

[LutherTiggs]

Thanks M8Seven! eom

[Baerg]

Great news! Thanks for sharing. Hopefully some more material news next week.

[M8Seven]

GreenBox News

[LutherTiggs]

Ha!...nice try. I suspect very few long term holders are selling a single share down here. Yes, there will likely be some dilution via conversion (assuming it is more than likely that $5.50 target will not be reached by February hurdle date)....but they will meet the bigger hurdle IMO for end of Q1 which would prevent more damaging dilution. In the end, their business will grow monumentally this year regardless.

[huka]

Beat down hard. I like it