Remynt

“We are currently looking to close our one million dollar round at the end of this month, so that we can spend up to 250,000 dollars on buying about ten million dollars of debt value, and we anticipate recovering about 30% of that, so that would be a 10 X retur…”

“Where I stand and where we stand as a fund is it would go a long way for us if you were past that first milestone because that's the furthest you can get on your own to prove that this business will work. And now you're at the obstacle where you need the money…”

“And Gwyneth, the Pitch Fund would also like to invest. If you can hold 50 K for us, that'd be awesome.”

“I'm really interested. I can't get over that hump just yet.”

“So, this is going to take a lot of capital. The margins are going to be thin, and I think for us and our small fund, it's probably not the best fit, but I really am rooting for you and hope that you knock this out of the park.”

“No, so you opt in immediately. So you choose up front. So we make it really easy for someone who really does want to start handling this obligation. And what we do is we don't offer any preset repayment plans. We leverage marketing automation tactics, no call …”

“And I am hundred percent confident That we are going to crush it and be a billion dollar company and be the third publicly traded debt buyer collector. I have no doubt in my mind.”

“I'm in for 50 K, personally.”

“Our payment processor dropping us because it turns out debt collection is treated like cannabis and gambling and those kinds of controversial industries, and so there are a lot of payment processors that won't work with us”

“And so I can imagine if I'm working with a program that helps me build my credit, there's gonna be some brand loyalties.”

“Yes, we actually are about to buy our first 1.2 million dollars of debt at the big whopping price of two cents on the dollar.”