That is true and I'm not overly impressed with LevelUP at this point. They are NOT as PSP like Spindle is.
I think they should have had gotten more traction by now. They requires physical hardware at the POS. Also competing with NCR and others. Spindle partnered with NCR. Mobile enablement of payments is place to be and that's where Stripe and Spindle are.
I've long said it is only a matter of time and at what price. Being just a PSP alone makes the company highly attractive to so many. Think about it, if you were a larger player and wanted in on this exploding and multi-billion dollar plus space, who would you look to acquire? Stripe, Level Up, Clinkle or one of the others, almost none of them even PSP's another almost all of them being valued at insane billion dollar valuations? The value of Spindle at current levels is so incredibly inexpensive relative to both comps and what it would cost to build what they already have. Ironically, Spindle offers more in functionality than almost all of them, plus they are an actual PSP, and they own patents that none of the others have yet they need.
Only a matter of time. I'm virtually certain of it.
What is funny about the false comment is the company has never had more cash on hand than now currently and has been in operation for 3 years. Lots want a piece of this company and rightfully so. Like I said, anyone who who wants the truth, just call the company.
That is totally 100% false. If I were to just guess, you are associated with one of the many company's who are actively pursuing the company to invest in them. Anyone is able to call the company themselves and ask any questions you like pertaining to their cash on hand and.capital needs. While I would like to see them put a big chunk of change on the balance sheet, they currently
have no less than 6 months of cash in the bank and handful of very sizable shareholders more than willing to fund them on an as needed basis thus.mitigating any unnecessary dilution. I said a long time ago, cash will never be scarce for this company, most especially now. Frankly, I don't expect them to.last past year end before acquired. I expect cash flow break even in Q3/4 and currently their burn is relatively small. No offense, if you want to.attempt to manipulate, their are better real things to leverage than having to willfully create and post false information. Call the company if anyone wants to verify.
shareholders who would gladly and willingly continue to fund them on an as needed basis.
U.S. mobile payments are expected to grow to $90 billion by 2017 from about $13 billion in 2012, according to Forrester’s most recently published forecast, which is from 2013.
His comments remind me of a previous poster here who was very bullish at one time but seemed rather unpredictable in his commentary, almost manic to some degree. He appeared to have missed the opportunity to get back in when he took a profit. Neither here nor there, his comments are nonsensical and illustrate a complete lack of fundamental understanding of what the company does. I offered to help along with yourself, however it appears that education is not one of his interests. I'd place him on ignore, you can't argue with an idiot, they generally drag you down to their level and beat you with experience.
In fact, had Target been using Spindle, it never would have had the recent problem they had.
I don't know the answer to that question, but will see if I can't look into it. As company's like both those mentioned, amongst literally hundreds of others like them, try to leverage mPOS solutions, it becomes increasing likely that anyone of them simply buys a company and PSP like Spindle. Again, what Jim Cramer described the other day, was literally Spindle to a T.
"Imagine a company with an offering that allows you to do mobile payments in advance of entry into the store while offering you all sorts of loyalty deals and comforts -- a turnkey system that can be integrated on pretty much every platform that's secure and steadfast. If that company were to come public right now, I bet it would have an instant valuation of at least $10 billion -- if it could go public.
I just don't think it would be given that opportunity. It would more than likely be acquired by another company, such as Facebook (FB) or Google (GOOG), and it would be integrated into a handheld strategy as, of course, everything is in your phone. It would be the holy grail operating system that could be used for everything from restaurants and retailers to purchases online. It could, if you designed it right, eliminate the anti-competitive middlemen that are Visa (V) and MasterCard (MA). It could be a boon, therefore, to the consumer and the retailer.
I could see a bidding war between Google and Facebook and perhaps even a newly aggressive Microsoft (MSFT) (which is not an oxymoron -- give me a break). Then we'd see a hand-and-glove transition that would be adopted by all those who want to do business with people who are in a position to take a consumer's cash. Who knows? Maybe the company would be so compelling that even Apple (AAPL) would buy it, perhaps, instead of its own stock, because it would be able to augment growth. "
I believe it will auto-update on Android. It should also auto-update for iOS users if they have that option enabled on their device.
Wait till you see the forward thinking technology Spindle has previously alluded to. It will change the POS landscape forever likely eliminating the need for a traditional POS terminal. Remember NCR is the largest POS technology provider, they are a already a partner of Spindle's.
What Jim Cramer describes...
"Imagine a company with an offering that allows you to do mobile payments in advance of entry into the store while offering you all sorts of loyalty deals and comforts -- a turnkey system that can be integrated on pretty much every platform that's secure and steadfast. If that company were to come public right now, I bet it would have an instant valuation of at least $10 billion -- if it could go public. I just don't think it would be given that opportunity. It would more than likely be acquired by another company, such as Facebook (FB) or Google (GOOG), and it would be integrated into a handheld strategy as, of course, everything is in your phone. It would be the holy grail operating system that could be used for everything from restaurants and retailers to purchases online"
...is literally Spindle to a T. Jim is 100% correct "Holy Grail".
Better, what if the same company also owned a patent portfolio with a priority date of 96 that had already been litigated and licensed and withstood re-exam already, but was also open for continuation patents still. What if their patent had been cited by about 140 others which included PayPal and many others. Just another valuable asset that will be a checking of the box when someone goes to acquire this company in my opinion. I continue to believe it inevitable. When they launch the new Yowzaa! platform which can be white labeled, just as Cramer says, we may see suitors quickly come calling.
I have talked about where Spindle falls in the mobile payment ad nauseam here over the last year or better. Never once have I suggested Spindle would attempt to compete with a PayPal, nor have they. In fact, there are numerous previous posts which discuss PayPal and how the companies differ. You may want to take a few moments and go back and read some of those older posts. I think you will find them of great benefit to bettering your general understanding of this company.
Unlike others, I have no problem whatsoever with you asking questions and trying to learn more. Skepticism is a healthy thing because it allows the exchange of educated information about the company, much of which has long been posted, but newer readers would be inclined to have missed. I've never believed unbridled irrational exuberance helped anyone in these forums. A rational exchange of opinions is always a healthy thing.
I said a long time ago, as it pertains to both the space and Spindle, the better educated investors are, the more compelling the value proposition of investing in this company ultimately becomes. This company's best friend is a properly educated investor.
Lastly, I would read some of the recent articles on the company and watch some of the recent interviews with their CEO Bill Clark. Management really is one of the company's strongest assets and the primary reason why they've accomplished so much in such short order and with a disparate amount of resources when compared to the likes of others in the space.
If you have any specific questions, I'm happy to answer them. I look forward to some constructive discourse with you should you care to have any.
It may be on more radars than you currently know. The cat is definitely coming out of the bag so to speak.
I'm not a Cramer fan, but he is spot on with regard to those comments. Very similar to my own that I've been making for quite some time now.
I tend to agree with you. I find it interesting the feedback that Silicon Valley is giving on Carl Icahn. Clearly something is up there. Also, Stripe did another round at a valuation of $2B! I’m not suggesting that Spindle has all the pieces of Stripe, but they are not that far off (other than the significant amount of cash that Stripe has raised). Spindle is a cheap alternative in comparison to Stripe and others in the marketplace.
Google’s Chief Executive, Larry Page, has long been open to big deals that would benefit the company. Their major purchase of YouTube several years ago has been extremely beneficial for both companies, and a eBay/PayPal acquisition could be even bigger.
Google and eBay are both in a position where they need to do something in order to ensure they don’t get pushed aside by other major players like Amazon and Apple, both of which have stronger e-commerce marketplaces and huge customer bases.
"It is no secret that Google has long been trying (and largely failing) at building a stronger e-commerce and online payments platform. With unpopular options like the Google Wallet in their past, they are undoubtedly still itching to get a strong footing in this incredibly profitable industry. Rather than make another attempt at creating a digital marketplace and payment platform, many people believe Google will put some of their Billions in cash to work, and purchase their way to the top."
A financial analyst, Colin Sebastian, has recently commented that if Google were to acquire eBay, they could immediately find themselves moved from the bottom of the pack in this area to the top. eBay owns PayPal as well, so this would really give Google two incredible properties for one purchase.
The question, of course, would be how much this would cost Google. There has been some talk of eBay operating PayPal as an entirely separate company, as well as other corporate changes, to they may be more open to a buyout than some people would expect. While eBay and PayPal are certainly ‘household names,’ that doesn’t mean that they are out of reach for the deep pockets of Google.
Sebastian commented that, “With Carl Icahn recasting public debate around the ownership of PayPal, and the integration of commerce and payments more broadly, we believe on potential ‘home run’ opportunity missing from the discourse is a combination of Google with eBay/PayPal.” This, of course, is what has sparked a lot of rumors and other discussions about this being a possibility.
Alan Sultan is one of the most talented guys in the mobile space. I've known him for years, great guy. You're already seeing his efforts in the way the company is better communicating and positioning itself.
Another glaring testimonial to what should be the real value of Spindle.
I continue to believe it really just a matter of when and how much someone ultimately pays for this company. Longer they can stay independent, the more that ultimate price will be. I still will be surprised if they are around come Jan 2015.
Today COUP came public with a $2B valuation and absolutely NO MOBILE solution.
Not my style to ever predict prices and there's no need to, but I can comfortably say the value of this company today based on it's current share price appears cheaper and cheaper by the day. Again, COUP only has a single piece of the puzzle, while Spindle has every piece.
Being given because they are well deserved. David is well regarded in the space and has a distinguished track record of performance. He could be working anywhere he wanted to right now but he is at Hipcricket. Same goes for many, they have a very quality group of people there these days and everyone is very fired up from what I hear. Just since his original hiring, David has completely transformed the company's platform from good to industry leading. At some point the market will begin to price the company for its data, analytics and targeting capabilities and not as just an ad play. It's really so much more and should be valued as such. TCPA was a one time issue. As posted here a week ago, I was a large buyer of 100k at .29, 100k at .30 and another 100k at .32. The stock never deserved to be this cheap. In my opinion had it not been for the irresponsible actions of Paul Arena who ran the company out of money and placed all the companies eggs in just the patent business, it never would have reached a price representing just 1X sales. It's a better company than those recently acquired at better than 4/5X revs and even those deals were cheap. Canaccord Genuity will put the company in play which should result in either a sale or strategic investment justifying a more equitable valuation far in excess of current. I could go on and one but my purchase of over 300k shares last week should tell more than enough. If I had the available money, I'd bought far more than that. I also like that finally they are starting to communicate in a manner that better represents them and their shareholders.