PSYC Corporation (PSYC)

[FreddyJ_30]

I'm not too concerned. I think this will compliment the GreenBox POS system in a way that will differentiate us from other partners of GreenBox using their platform. What I mean by this is if you watch Cultivate's video, one thing really sticks out to me...

Deliveries

While Cultivate could be seen as a replacement to the GreenBox POS in merchant stores, I think of it another way. This will give smaller merchants access to MTrac's platform if integrated corrected. Not only that, but for dispensaries specifically, this integration could enable them to take their POS on the road and allow their customer's to swipe their debit/credit cards at their doorstep! So I see this move as an enhancement that will make our brand more attractive to a broader audience in the industry.

And before you say, why can't a driver just use the MTrac wallet, I don't think its possible. If you've actually experimented with it, you'd know that they've made changes to their wallet specifically and that they eliminated wallet to wallet transactions. I believe the MTrac wallet now needs a POS. So the Cultivate move was a good one...