emit, I've read your numerous posts this morning, and with all due respect, you've made so many incorrect statements, assumptions and comparisons that it's hard to keep up with attempting to respond to all of them.
First off, I encourage you to re-listen to the (October 2020) interview with Christopher Galvin, as you've misrepresented what he said numerous times.
Do you understand that it's legal to bank cannabis products in the US. The issue is that many financial institutions won't accept cannabis payments, because the regulatory compliance guidelines are so stringent - many of the regional and small banks (credit unions) are afraid that were they to be charged for non-compliance, they could potentially be hit with hefty fines or literally shut down. (this is EXACTLY where HYPUR comes in, as they provide a compliant bridge between the consumer and the financial institution)
You see...nothing will change regardless whether or not the SAFE Act passes, as States are already setting internal guidelines for the industry - the regulatory compliance guidelines will remain to be stringent, as the concern of any regulator will always be money laundering. Now that HYPUR does it's own in-house account verification, this negates any concern of a potential money laundering scheme running through their financial technology platform - this too adds to their regulatory compliance, and exactly why they're growing at a rapid rate!
Bottom line: HYPUR is now a dominant player in a heavy regulated industry, and has the infrastructure now to cross over into all the heavy regulated industries - they're ahead of most, as they already have the key vendor and institutional relationships that are necessary to grow the business exponentially on a national level. This is the game plan that Galvin discusses, which includes (6) dominant financial institutions basically underwriting HYPUR's ability to grow its footprint across the country - this is also why I believe that merging with BLPG makes VERY good business sense, as it not only will give HYPUR access to liquidity, but, it will also rapidly grow the valuation of the company. (I strongly believe the latter is very much part of the long term game plan for Galvin)
If you haven't done so, look into PLAID and their relationship to VISA - IMO, this is VERY TELLING!
Based on one of your posts, it appears that you've already sold your shares - if so, good luck with all of your future investments!
