Hi, if you can provide more insights on below questions, I would appreciate it.

Workforce

How many employees does Peak Fintech (“Peak” or the “Company”) have?

Does the Company have enough employees to keep up with the recently announced business developments that would raise the number of transactions from "thousands...to millions" per the monthly progress report filed on CSE? Does the Company require or have a plan to hire more people?

Cubeler Technology

What’s the relationship between the Company and Cubeler? The corporate addresses are the same.

If Peak is licensing Cubeler technology, why is there a continuation of acquisition of Cubeler interface on the financial statements? Note 9 of the Q3 2020 financial statements has $820,723 of acquisition for Cubeler interface ($606,834 for fiscal year 2019). Can you kindly further explain these acquisitions – eg. what is the Company acquiring if the Company already licensed the technology, what they are about, how long/how much will this continue...etc.?

Gold River Technology

a)     JJ, CEO, said Gold River will be now used to significantly decrease the outsourcing cost going forward.

b)     However, Note 9 of the Q3 2020 FS states that Peak did not reverse the impairment previously recorded on Gold River because “There is no evidence of predictable cash-flow from the platform at September 30, 2020”.

a) and b) are contradicting each other. Would be able to bridge between the two statements?

AR

In Note 7 of Q3 2020 shows that the Company had accounts receivable of $18.5M as at Sep 30, 2020. Would you be able to provide how much of this $18.5M have been collected to date? If you can’t provide such detail, would you be able to provide over what period of time the Company expects to collect the full amount?

Nasdaq Listing

One of the requirements to be listed on Nasdaq is to have the share price of at least $2 USD. Recently, the shares of Peak has been trading at around $1.4 USD (OTCQX: PKKFF). How will the Company ensure that the share price increases above $2 USD before Jan 31, 2021 to meet the Nasdaq listing requirement?