Some background on
Securter Spin-Out:
1. After the Spin-out DIGAF increases its equity position of
Securter from approximately 2% to over 25% - this is very good.
2. The previous Definitive Agreement
US$3m to buy up to 33% of Securter.
approved but abandoned it probably because the market didn’t
like the structure, dilution and/or the valuation. After
the Spin-out
reduces dilution,
at 1/10th the original cost.
3.
(FS’s Q’s &K’s) cut expenses and kept a low burn
rate during the Covid19 disaster pending Securter launch.
4. Securter can now independently fund their own business
development @ CAD$0.07, they will be able to raise what they
need to launch and get their own skin in the game.
5.
South America.
6. New opportunity, new market with massive growth potential
and Securter has a buy-back clause to pay
as determined by independent valuator.
7.
in each country or joint venture with the largest PSP’s in
the area. For
relationships perhaps Columbia or Chile or Brazil,
definitely interesting.
8. Buy-back clause where Securter will pay Digatrade fair
market value by an independent evaluator. This could
trigger as soon as Securter gets acquired by Apple or other
major when they roll up the territories and licensing
agreements.
9. Provides great growth opportunity and will generate news and
Press Releases for the next year.
10. Valuation & price target: A comparable was the Mobeewave
acquisition by Apple for US$100m. Securter is better than
Mobeewave and could easily push up Securter valuation to
$200m. At this price,
equivalent and receive cash dividends to redistribute to
stock buy- back and then cancel the shares reduce the issued
and outstanding. Current market-cap US$1m share price
$0.001 * 50 = US$0.05 per share. Usually these growth tech
stocks generating net positive cash flow trade minimum 10X
so share price would be $0.50+
11. If Securter launch is successful
the share price will soar on massive volume providing
liquidity and trading profits for anyone who wants to sell.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.