CHINA BASED FINTECH DELIVERING MASSIVE SMALL BUSINESS LENDING USING AI

Tenet First Quarter 2023 Financial Results: Revenue of $9.49M

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Message: Re: China Regulation

ZC
Dec 23, 2020 09:33PM

The CEO said in an interview  "  The data would be worth more than all the revenue that Peak collects and this will be monetized between two to five years from now "  This could be earlier than thought, i think.

All this new release does is confirm to astute Peak Shareholders, that the calculations eventually in trying to evaluate the value of PKK shares will be at least double the revenue eventually.

So in summary , just the idea that the Chinese Government wants to tax the digital data , confirms that the data is extremely valuable , plus it confirms that since they would like to tax it , it is perfectly legal to sell data inside China and many institutions will pay for it to service companies in various ways.

I am not concerned about the size of Peak in number of banks involved. Peak's shares would have to be worth many hundred's of dollars more , before this would be ever enter the equation .

 

Molymoney

 

 

 

 

 

 


Dec 26, 2020 06:45PM

Dec 27, 2020 11:56AM
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