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This looks very impressive with more to come. This one is way oversold and ready to bounce imo.
PSPP Holdings, Inc. Begins Multiple Continents Banking Strategy Sep 18, 2007 8:00:00 AM LAS VEGAS, NV -- (MARKET WIRE) -- 09/18/07 -- PSPP Holdings, Inc. (OTCBB: PSPJ) has met with the government officials in West Africa, and plans the official kick off for the Africard, on the 28th of September with the senior management of the BIB Banks and the government dignitaries of Burkina Faso. The Africard has in place a six to seven figure marketing budget that will be used for TV, Print and radio in the French speaking countries. This week, PSPP staff in Western Africa tested the Africard at various ATMs throughout the region with success. Today the staff of PSPP Holdings, Inc. flew in the technical experts from the United States to review one more time the technical interface with the Banks and their associations prior to the Chairman, Mr. Larry Wilcox's arrival and kick off for this gala event. This emerging market endeavor in Africa represents multiple trips with staff to Africa, intensive interpretative training, and planning meetings with the highest level government officials/ministries. Each of our strategic partners has helped to define this product.
Mr. Wilcox confirms this process has taken two long years, and now the budget is in place for a marketing and branded approach for this significant emerging continent and the respective adjacent markets. "My goal is to empower the customer with banking capabilities and efficiencies and build a substantial international company for the shareholders. The fact that we were able to accomplish this with so little assistance from other parties is impressive. Phase two and three of these programs will soon be announced and will highly differentiate the patented financial offerings in the world. The future of deposits into a banking relationship that we have is also a significant glimpse or insightful perspective to the future of virtual banking, the future of Forex, and the future of our companies and our relationships. It is important to remember the simplicity of this model whereby one million people put $100 on their card and the result is a $100 Million deposit that minute into a Bank. The compounding intricacies of business building partners, the benefits to shareholders, and the benefits with respect to margin and multiple in the financial services sector is noteworthy. Once the removal of parasitic obstacles takes place in any business model, the company will be time honored by choices of management who understand the responsibility to reason from principle. The company believes that international currencies, customer empowerment, and taking the high road in this volatile OTC environment will allow time to honor the word of management and the success for legitimate shareholders. Our focus is to implement Africa, Mexico, Europe and the United States as a multi-currency approach. We welcome the second continent, Africa, to our vision. We look forward to announcing the third continent or country. The evolution of emerging currencies, virtual banking tied to specific mass distribution tools has begun
FrankNitti
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Africard huh......interesting.
lukin4winners
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Take a look at the chart on this one the stock has been trading in the .40-.60 area consistently until a seller came along recently. It won't take much to get it back there with news releases like this. Also there is a stock dividend coming up for holders of 9/28 which coincides with the Africard kick off campaign. Good luck
kilikili
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Short squeeze possible?
Posted by: SIIX In reply to: EvilTweety who wrote msg# 197029 Date:9/18/2007 11:49:35 AM Post #of 197034
Spoke with TA just now.. OS has increased exactly 7 mil shares... i think we have a nice squeeze play coming here
From 8-k
Item 8.01 Other Events
(a) The Registrant intends to cancel a total of seven million shares of its common stock that were issued by the Registrant on July 12, 2007. One million of these shares were issued to Kyle Gotshalk, one million were issued to Cherish Adams and the remaining five million were issued to Larry Wilcox. The Registrant intends to cancel these shares because the board meeting at which their issuance was authorized was not properly convened and therefore the shares were not duly authorized or validly issued.
(b) The Registrant has reason to believe that certain affiliates or former affiliates of the Registrant may have sold shares of the Registrant’s common stock in a manner that did not comply with the registration requirements of the Securities Act of 1933 and failed to file with the Securities and Exchange Commission all reports relating to such stock sales, as required by the Securities Exchange Act of 1934. The Registrant has therefore hired a consultant to review all previous transactions in the Registrant’s common stock and has retained new securities counsel to assist in this investigation.
lukin4winners
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Nice dd kilikili seems like this one is ready to turn. It's hovering around the .09-.10 consolidation , hopefully the squeeze will commence soon.
richnj221
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As next friday approaches it would be nice to see this one run a little.
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