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XTM Inc. (PAID.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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0.2050-0.0050 (-2.38%)
As of 12:58PM EDT. Market open.
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  • M
    Mark
    SLow rise beginning. Wait until quarter numbers come in
  • O
    O
    So guys - What do you think of the WSR call yesterday?
  • M
    Mark
    People using their system love it. Recognition is getting higher in USA and price is so low.
    This will get better and better over the year. They only release news when the expansion is a big group of restaurants but slowly adding all the time.
  • M
    Mark
    Hopefully we get a few more news releases on other hospitality uses for the card. I am sure next quarter numbers will be great
  • D
    Darkhrse
    No news? …. MRA went MIA. I think during these turbulent and desperate times XTM should be informing us on every new signing and closed deal made recently. US and CDN. JMHO
  • J
    Joe
    I'd love to see an update on how US expansion is going. Got some pretty good NRs and tidbits of info on the big push there. Id suspect by the end of this quarter they'd have a really decent footprint in several states by then.
  • T
    TurboJesus
    Currently this is trading at less than 5 times sales. And sales are growing at more than 200% annually. Wow.
  • a
    al
    NEWS

    XTM Launches Three Large U.S. Restaurant Chains to Its Today(TM) Program for Digital Staff Payout

    2022-06-14 08:15 ET - News Release

    Payment Initiated for Hospitality Staff Working Across 50+ U.S Rooftops

    Company Website: https://xtminc.com
    MIAMI & TORONTO -- (Business Wire)

    XTM, Inc. ("XTM" or the "Company") (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that it has signed agreements with three new large U.S. restaurant chains to roll out their 50+ rooftops to its Today solution for same-day staff payouts.

    The Today solution consists of a mobile app, digital account and debit card giving operators and servers the benefits associated with immediate earned gratuity access. With same day payout, servers have the advantage of same-day access to their funds to make point of sale transactions, pay their bills, make peer-to-peer transfers and take advantage of XTM's upcoming local cash back rewards. Restaurant operators benefit from incentivized employees and improved time and attendance.

    The restaurant groups signing onto the Today program are located across the USA and growing. Both XTM and its restaurant clients will roll-out in phases over the next 60 days for smooth transition and to create momentum with staff and zero friction for operations. The restaurants will be named upon completion of the full roll-out.

    "XTM has been working hard to create a viable, equally attractive solution in the US as it has in Canada," said Marilyn Schaffer, XTM CEO. "We are excited to see the traction. With our solution to digitize staff payments, we support the restaurant operators with a free, fluid, seamless platform that reduces the need for non-revenue generating activities enabling the focus to be on delighting the customer."
  • S
    Stonkks
    Event Highlights | Tipstoday x RC Show 2022
    www.youtube.com
  • D
    Darkhrse
    I’m gonna stop watching this ticker…. I’m hoping it will be above $2 in 2 years. Good luck to all. 👊💪
  • 8
    808
    What a bargain.
    60,000 shares now.
    Let’s goooo!!
  • T
    TurboJesus
    Great quarter. The one negative is the cash burn. XTM is down to 6m in cash reserves. They burned 2m in a year. Hopefully they can manage costs a little better and avoid dilution for at least another year when the market is better. Great growth potential.
  • T
    TurboJesus
    Good price action and confident bounce off 0.18 cents. I doubled my position again at 0.19. This needs to get above 0.30 cents to re-establish that support level.
  • 8
    808
    This is tough to watch
  • O
    O
    To be honest. I am massively disappointed. What about you, guys?
  • a
    al
    NEWS

    XTM Appoints Chief Operating Officer and General Counsel

    2022-05-17 11:00 ET - News Release

    MIAMI & TORONTO -- (Business Wire)

    XTM, Inc. ("XTM" or the "Company") (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce the appointment of Mr. Veer Siddiqui as Chief Operating Officer and General Counsel.

    Mr. Siddiqui has more than 12 years of experience providing legal advice, starting his career at Blakes, Cassels & Graydon LLP. He has provided companies with legal guidance on a broad range of technology issues, including licensing, partnerships, litigation and the development of privacy and other compliance programs. He clerked with the Supreme Court of British Columbia and has appeared before all levels of the BC courts and various regulatory bodies. He most recently led the legal team at Tasktop Technologies Inc. supporting the company's rapid growth. Additionally, his career includes a breadth of strategic consulting, and operational and product launch experience, such as serving as the Director of Business Services & Corporate Counsel at Terramera Inc. an award-winning biotech company.

    "Our success in attracting an executive resource with the pedigree of Veer speaks to XTM's success and growing maturity," said Marilyn Schaffer, CEO, XTM. "We are poised to scale for the significant growth ahead and are building an internal team to help us get there efficiently."

    Grant of RSUs and Options

    The Company also announces that its board of directors has approved a new equity incentive policy (the "Incentive Policy") which will allow the employees of the Company to receive options and RSUs on an ongoing basis as part of their total compensation package, in line with XTM's belief in providing positive incentives for its executives and employees. The options and RSUs issued pursuant to the Incentive Policy will be issued under the Company's existing option and RSU plans, up to a maximum of 1,000,000 RSUs and 2,500,000 options during the period ending April 1, 2023. The Incentive Policy is intended to address a highly competitive labour market by attracting new talent, retaining existing employees and encouraging the Company's employees and executives to work together to increase value for all of the Company's stakeholders.

    The Company has granted an aggregate of 780,500 restricted share units and 1,700,000 stock options to certain officers, contractors, and employees of the Company, of which 500,000 RSUs and 1,450,000 options were issued pursuant to the Incentive Policy. The options and RSUs have been issued in accordance with XTM's existing compensation policies and any applicable employment agreements or arrangements and will vest over 24 months in equal quarterly amounts, with the options exercisable at an exercise price of between $0.185 and $0.33 for a period of 3 years from their issue.
  • J
    Joe
    Excited to see how MA turns out here. Itll be the 2nd largest market XTM has entered to date

    https://www.youtube.com/watch?v=uEE3OeFLz3A
    XTM Inc Records Record Growth in 2021 and Enters The State of Massachusetts - (CSE:PAID/OTCQB:XTMIF)
    www.youtube.com
  • T
    TurboJesus
    Just looked at audited results for fiscal 2021. Here are two things 1. XTM has more than 8m in cash. So that would be able to continue funding operations for at least 2 years more. 2. There are nearly 15m warrants outstanding with strike prices of 0.30 expiring in Oct, Dec, and Feb 23.