I3 Verticals, Inc. (IIIV)

[YanksGhost]

Sure. I am a bigtime fancier of this payment processing space. My largest holding is in Square which, along with PayPal, ignited this fast-growing industry space. The simplest explanation I can give you is to compare THIS opportunity to what occurred when Visa, MasterCard, Discover and the bankcard phenomena did to expand consumer credit and spending flex... and what that transformation did to the old money enterprises like Amex, Diners and Carte Blanche. Don't remember most of them? That's because they got overrun by a stampede to new platforms with way lower transaction processing fees. In the day, Amex charged a retailer 6-7% and VISA charged 3%... in relative terms. Now fast forward to SQ, PYPL, IIIV and processing fees of < half the bankcard processors, PLUS a huge menu of added services that make the old affinity cards look stupid. That is today. And this is the future.

IIIV is a new venture from a Nashville credit processing guru named Greg Daily. Google him. Read the Nashville Business press articles on how he built the pre-IPO company via acquisitions and used the proceeds to pay off most all of his start-up debt. Then read the IPO offer on the Raymond James website and the latest 8-K with Q3 data and FY2019 estimates.

There are only 8.8 M shares outstanding in this company's float. Unheard of in a technology startup. It will be fully profitable in its first year as a public company in 2019. It's revenue is growing at 25% per quarter!

What else would you like to know?