🧠 At a Glance
UPAY Inc (OTC: UPYY) just filed its FY2024 10-K, and the results are so tragic, they should’ve premiered on Netflix as a limited docuseries: “How Not to Run a Fintech.”
- 💸 Revenue: $75,084
- 🔥 Net Loss: $3.85 million
- 🧃 Cash Left: ~$50K
- 📉 Stock: Trading near evaporation point
- ⚠️ Auditors: “Going concern? That ship’s already halfway sunk.”
The only thing growing at UPAY is the red ink on their P&L.
🪙 What Does UPAY Do Again?
- Merchant payment processing? ✅
- CBD e-commerce? ✅
- Digital marketing? ✅
- Fintech? ✅
- Blockchain? AI? Buzzword salad? ✅✅✅
UPAY’s business model is like ordering everything off Zomato and hoping one dish turns out okay.
They’ve tried more verticals
