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Wednesday, January 11, 2017 5:31:09 PM
AMAZING 300% increase.
The total asset 2015 is $14,013,270 and this isn't combine the new asset the acquired U.S OPERATION OF CALPIAN, INC.
The revenue in year of 2014 is $9,565,239!!! They double the size, revenue for the year of 2015 is $17,599,332
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11315818
THE REVENUE ABOVE IS NOT INCLUDE THE ACQUIRED U.S OPERATION OF CALPIAN, INC.
The purchase includes Calpian subsidiaries, Calpian Commerce Inc. and Calpian Residual Acquisitions LLP, as well as all of Calpian’s U.S. merchant residual portfolios, encompassing approximately 4,000 merchants. These assets were acquired by Excel’s newly created subsidiary, eVance Processing, Inc. (“eVance”).
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