Tuesday, February 25, 2020 12:19:22 PM
PNNX, through its wholly owned subsidiary Your Social Offers (YSO), has indicated another revenue stream from the company through P2P (person-to-person) transactions of providing Payroll/Money Transfer services within the Financial Technology (Fintech) Industry.
I suggest one to "compare and contrast" similar billion dollar companies within the P2P (person-to-person) arena of growth such as PayPal and Zelle and others to YSO to get an idea of what this could do to bring substantial amounts of revenues to PNNX.
Keep in mind too that YSO currently have eleven revenue streams as indicated within the link below of which YSO is still in its infant stages of growth with more room to grow in my opinion compared to those that have already achieved significant growth:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153979535
Compare and Contrast
From the chart below from the Forbes website is the 2018 P2P Transaction Volume by Provider ($ in billions)...
PayPal = $141.8 Billion
Zelle = $122 Billion
Venmo $64.2 Billion
Square Cash = $30.8 Billion
Google Wallet = $27.8 Billion
Pop Money = $8.4 Billion
Snap Cash = $6.3 Billion
YSO is not needed to generated billions of dollars through their same Payroll/Money Transfer services in order for PNNX to trade at significant levels in the dollars because of how low their Outstanding Shares (OS) is (46,957,322 shares). Given that they have 11 different avenues for generating revenues to attract customers, this positions PNNX to grow to levels equal or greater than some of those companies that only have one revenue stream.
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.
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