Actually I will be disappointed if 4th quarters numbers aren't greater then the third (even substancially). UNLESS you have different info, the sales in the 3rd quarter were all sales. As I stated before. The biggest influx came from the payday loan area where $$IFSL's product is attached to an unknown amount of payday loan companies loans. Thru the grapevine I heard that $$IFSL had to in August / September spend money as a startup for this program THEN put six weeks of sales (unreportable) into reserve then there was like only one week that was shown for the 3rd quarter.
Supposedly 10,000 are being signed up each day at $8 (?) each. even if only for 5 days a week x 13 week quarter = 65 days x 10,000 (supposeded sigh ups per day) x $8 (received (from payday loan company) for each loan taken out)= $5.2 million not including sales from other projects. Be conservative, cat that in half?
Not in the mood to hear 4th quarter will be less than 3rd. As someone just said, next quarter, next quarter....etc.
We're stuck with no trading going on.
Yup, I understand that the future for being an acyual part of the payday loan industry will be huge however, $$IFSL will be doing it all online. I assume $$IFSL will not be lending the money out theirselves but directing it to a loaning institution. If their doing it theirselves their fools. IMO
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