Wednesday, March 09, 2022 5:46:36 PM
"The company is focused on execution of its long-term strategic expansion plans as demonstrated by the partnership with Cross River which massively expands their customer universe and services it can off, and recent launch of their bulk ACH channel adding $50 million in processing a month. While other initiatives have taken longer than expected to close or launch, management remains committed to seeing these through and has proven it can successfully scale its technology and processing volume significantly and expects to continue to do so.
In terms of insider sales, we don’t comment on why a management member sold, it’s their personal decision and given they are compensated in stock in lieu of higher cash salaries, sales should be expected from to time".
This stock is heavily shorted, but that can't last forever, especially once they start delivering results. I have been holding through this, but I guess for the first time since I bought in, I can start averaging down.
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