Thats even more to my point. Too many players with sales and they are not getting bought out..
Short of an acquistion this stock is stuck until they can produce earnings, revenue or income through sales. Call it what you want.
They have spent alot of resources to "extensive internal software development".
because Spindle has to its own admission, "and have not fully commenced planned principal operations".
Still lots of questions? Hoping for an acquisition(How many have looked under the hood?) is one thing but to focus on the rollout and revenues until that time is priority. Getting the monthly revenue burn down to neutral will drive the stock. I have sold a company to a fortune 500 company. This is about earnings, period.
Always buy earnings and always buy fundamentals
Those waiting for a buyout, oh well. This is a game about earnings. Spindle needs to get this train rolling quick. The odds of a buyout increase with the expansion of earnings. Spindle needs to focus on earnings.
Spindle accepts Apple Pay.
Mobile payments will see explosive growth. Mobile in-store payments will grow at a five-year compound annual growth rate (CAGR) of 154%, to $189 billion in 2018 from $1.8 billion in 2013, according to our forecast. While the growth will be explosive, in-store mobile payments will still account for less than 4% of brick-and-mortar transaction value by 2018.
A small percentage of people have used mobile payments. In late 2013, just 6% of US adults said they had made a payment in a store by scanning or tapping their smartphone at a payment terminal. That percentage will go up to 8% this year. Apple's introduction of the Apple Pay mobile wallet in the iPhone 6 line will be the key factor that will drive this percentage up.
Millennials are early adopters of mobile wallets. Fifty-five percent of people who say they use mobile wallets are millennials (ages 18 to 34). These mobile natives are likely to continue to drive mobile wallet adoption.
Of the two leading in-store mobile-payments technologies — NFC and QR codes — NFC will be the winner. Scanning a QR code or a barcode has been the top method for making a payment via smartphone in recent years because it can be done with Android phones and iPhones. But with Apple's adoption of NFC for the iPhone 6 line, many more people will begin using NFC-based mobile payments.
Apple Pay will succeed and bring mobile in-store payments into the mainstream. Apple has a devoted fan base and the unique ability to change consumer behavior on a large scale. A majority of US tech consumers said they would absolutely use Apple Pay, according to a survey of Business Insider readers. In addition, the company has included a number of features within Apple Pay to address consumer privacy and security concerns.
Twitter’s head of e-commerce, Nathan Hubbard, said earlier this month that the San Francisco-based company uses Stripe because it wants to make payments frictionless. With Stripe, when people enter credit-card information into Twitter, “it’s stored and trust and safety and security are paramount to us,” he said in an interview.
With Apple, Stripe spent the past two months working with the iPhone maker on Apple Pay, according to a company founder and investors. Apple Pay will let consumers buy items in brick-and-mortar stores by tapping phones on cash registers. It will also simplify buying online through mobile phones, said Chris Dixon, a partner at Andreessen Horowitz.
Absolutely correct. Buy Spindle and Goog would eat Apples lunch. Spindle is the next Paypal. Businesses will not do business with paypal because they compete with them. A Goog and spindle lockup would not. Businesses would flock to GOOGLE.
The Acceptance of mobil commerce both by businesses and consumers just recieved a big push from Apple. This is exactly what Spindle needed. The 3 revenue streams will pay off.
This is from the latest financial filings from Petty the clown.
There were no revenues to report for the quarter ending June 30, 2014.
To date, the Company’s operating expenses have been met by obtaining capital from management
and significant shareholders.
The Company has incurred recurring operating losses, and as of June 30, 2014 has an
accumulated deficit of $50,457,703.
"Put another way, if there was a standalone mobile e-commerce business already doing $4.6 billion in revenues per quarter and growing at 11% a year, people would be clamoring for an IPO. Its CEO would be hailed as a genius.
Rather, Apple appears to be quietly building out an infrastructure to expand this business further, and it could put Apple at the front of e-commerce and mobile payments."
"Likewise, so-called digital wallets and mobile transfers are efforts to improve payments and settlement in a retail financial sector that gets a lot less attention than its institutional peers.
The prospects for each of these democratizing developments vary significantly, as do the probable cost-benefit equations. Much will depend on whether the underlying technology is stable and secure, trust is established, transparency is convincing, consumer protection is effective, new content is coupled well with strong distribution channels, and broad-based validation and institutional verification boost credibility"
Project Syndicate, 2014
Propelling this localized share of the revenues forward over this channel is the rapid adoption of various tactics to appeal to smartphone users when they are within specific locations or seeking local businesses. These include such options as click to call, click to map, and geo-fencing. These are rapidly becoming more commonplace among national advertisers, who currently make up the majority of ad spending over this channel in the U.S. They are also those that are making the greatest effort to take advantage of the growing availability and yet currently greatly undervalued local advertising category.
Many smaller advertisers have yet to understand that the demand in searches is increasingly headed in a mobile direction as individuals bring their smartphones wherever they go and use them for a growing number of purposes. Therefore, this ad inventory is undervalued, providing an ideal opportunity to step into that mobile marketing space while it is the least expensive and most rewarding to do so.
Mobil commerce press
Local ads are now bringing in more money than they ever have before, and are continuing their rapid increase.
According to a new report that has been released by BIA/Kelsey, the mobile marketing sector’s local advertising revenues in the United States will be reaching $4.5 billion by the end of this year.
This will represent a massive increase over the $2.9 billion that was brought in during 2013.
These details have been published in the mobile marketing local ad revenues report from the firm, which also predicted that these figures will more than triple by the year 2018. At that point, the report predicts that the revenues will have risen to $15.7 billion. This helps to illustrate the importance of local when it comes to advertising online.
The report also showed that mobile marketing spending in the U.S. will rise to $11.4 billion, this year.
That will then continue to grow over the next five years until it reaches $30.3 billion. By the end of the forecast period of this report, mobile ads that are locally targeted will come to represent more than half (52 percent) of all of the mobile ad spending in the United States.