statements from the chairman of the board.
This is the first letter to our Shareholders that I am writing after being appointed as the Chairman of the Board on May 6th, 2022. My name is Martin Fraser.
I was appointed to represent the Shareholders and to assist and lead Kvanto towards creating Shareholder value for all.
Current and future prospects
I am very excited about the current and future prospects for Kvanto which will directly relate to a future positive dividend for our shareholders. In the short time, I have been with the company reviewing the past and present to bring myself up to speed to be able to see/envision a bright future ahead of us.
Kvanto has had some disappointments and challenges not unlike many companies over the last three years and Shareholder’s expectations have not been met.
The pandemic has hit every payment structure on the planet and has crippled many companies because of a lack of supply and movement of goods and services.
Things can look bleak and there is still a shadow over all businesses and a possible looming recession?
However, I am very excited about our future and I am here to state that we will keep moving forward to help build our Shareholder value! When the going gets tough the tough get going and the opportunities are now!
Experienced know-how in the industry
Kvanto has a very experienced management team and technical team in the payment processing industry. These people have extensive knowledge and know-how in this industry.
They know what it takes to be a leader as well as be part of this unique aspect of an industry that moves financial payment transactions around the Globe.
Global Gateway payments
Kvanto has developed its Global Gateway which offers a myriad of solutions for the payment processing industry. This Gateway is a very complex necessary tool that sits in the background and interfaces with the major players and with Government requirements and needs.
Kvanto has many clients which were very cooperative and useful in stress testing the systems and prove out the use cases. Many of those clients were in the hospitality industry which is in an upward swing which means that lost revenue will come back over the long haul.
However, the Gateway analysis through this testing and implementation has given Kvanto the experience and provided additional opportunities for a greater array of emerging clients.
Synergies in cooperation
Kvanto did focus a great deal of time focusing on the market in India and was able to integrate Kvanto’s system interfacing with a company called MWT or MobileWare Technologies.
India is a vast but challenging country and our goal is to build that business and expand it across the country. Kvanto has an association with three of India’s banks and expects to close off with seven more.
Our obligation to MWT and their obligation to Kvanto are continuing and we look to a bright future. Their financial projections are staggeringly high and Kvanto has the official Government regulation for trading/moving Rupees on a Global basis.
India will always be a work in process because it has 1.5 billion people and is the largest and fastest-growing emerging market. That process will be to continue to negotiate our activities to our corporate advantage.
Realistically we are looking at an additional 9 to 18 months and close to a 5 million dollar further investment but a return that could reach between 20 to 30 million annually within 3 years. I am purposely underestimating the value.
major expansion worldwide
Kvanto is working on a number of major fronts to move faster and further forward into major international payment processing markets. Besides Canada and the USA, we will be establishing a foothold in the Far East and expanding our European business.
We are currently in advanced stages with major firms in USA and Canada that require our technology/Gateway that want to partner/JV using their customer base asap. The revenues from this alone could surpass that of India until India surpasses everyone.
Kvanto needs to go Public to make the dominos fall and when they do it will create a cascade of additional opportunities.
Kvanto has engaged companies to raise the needed new capital of approximately 10 million. Our plans are to use these funds to strengthen our financial position in the marketplace, allow us to move forward with all our current initiatives, and support the rollout of our Gateway Globally!
I know Shareholders are anxious to see this company listed. Years of development have gone into it and the major shareholders are totally committed to making Kvanto a success. Successful companies just do not happen. It takes good ideas, positive committed management, and valued time to finish what has been started.
My closing statement is simple, given the necessary capital there is no doubt that Kvanto Global business is a fascinating and exciting marketplace and Kvanto will be a prime leader with the continued support of our current and new investors.
I will send out a letter at the end of each month as an update on our website with the new exciting advances that the company has made.
The Public arena is a challenging one but Kvanto and the team are up to the challenge and our future with the support of our shareholders will look to create a cascade that will push our stock value way beyond expectations.
With this said holding on to Kvanto stock would be very prudent because Kvanto will become a target purchase to multi-national financial institutions and we are already an interesting target because we have what everyone needs.
Chairman of the Board of Directors