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Originally Posted by MSheldar22
What does the company do? Are they like Paypal or something?
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It's a notch lower than PayPal, more like the old eConnect (ECNC, etc., etc.) business plan of do-it-yourself-securely debit cards for low rent, bankless Bozos. That is a real convenience and advantage for the less fortunate strata of the social hieracrhy, however. It also beats carrying cash in risky places.
Some yayhoos have just paid Jonathan Lebed 8MM shares to pump it for a month, so it's probably good for a quick pop. Would have been a lot better to get in at 0.0004, of course, about a month ago.
Having grown up in the Canal Zone, I don't see this punky outfit having a big involvement in the Canal widening project, which they intimate. And, there is a very wealthy and controlling hierarchy in Panama that won't be real ready to give up their development profits in the Boquete or El Volcan area to some Stinkie Pinkie outfit from the USA.
We'll see......................
John :-)
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