“Earthport (EPO), the leading payment network for cross-border payments, is pleased to announce its final results for the year ended 30 June 2016”. The shares are currently down 4%, to sub 16p, in response. Hmmm…
A leading burner of cash (Oops, sorry, “leading payment network for cross-border payments”), Earthport (EPO) “is pleased to provide an unaudited trading update for the fiscal year ended 30 June 2016”. Hmmm…
Having in February seen its shares slump further on potential foreign exchange business fraud and in March announced an increased net cash outflow, pioneering cash-burning machine (sorry, “pioneering technology success story… revolutionising global payments”) Earthport (EPO) has announced… “nil-cost share awards under 2016 Long Term Incentive and Retention Plan to the members of the executive management team”!?! …
Post a share slump on a potential foreign exchange business fraud, Earthport (EPO) has announced results for the six months ended 31st December 2015. The results statement modestly describes the company as “a pioneering technology success story”. Er…
Joining shares in Solid State plc (see HERE) in being trashed today are those in provider of cross-border payments services to banks and other financial companies, Earthport (EPO). This follows an announcement that the company is exposed to a potential loss of £5 million as a result of a customer of its foreign exchange business, Baydonhill, failing to honour pre-confirmed bank payment instructions, on the basis of which payments were made on the client's behalf. Hmmm…









