posted
Look at the spread on this thing .0003x.0006
So this means as soon as you buy into this you already lost half your money. At this rate the stock would have to double for you to even get your money back w/o a profit...
posted
No fill at .0003. Now it's to rich for my blood on a 10b float if that is correct.
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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posted
not sure why the spread has been so huge - it wasn't the other day when i bought at .0004 Anyway i'm holding until next PR at least
Posts: 20 | From: St. Louis, MO | Registered: Aug 2005
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Paypro, Inc. Announces Product and Business Development Agreement with Major Payment Systems Tuesday August 23, 7:00 am ET
FORT WORTH, Texas--(BUSINESS WIRE)--Aug. 23, 2005--Paypro, Inc. (Pink Sheets: "PYPR") announced a product and business development agreement with Major Payment Systems, a leading provider of global financial transaction processing based in Dallas, Texas. Through Paypro's wholly owned subsidiary ChexCard Corporation, Major Payment Systems and Paypro will develop and implement various programs including, Payroll, Money Transfer and multi Wallet Card products.
ADVERTISEMENT "Paypro and its affiliate companies have a deep understanding of the prepaid debit card market. We are confident that their expertise will afford us the opportunity to develop innovative and relevant products and services," said Randy San Nicolas, VP of business development for Major Payment Systems.
Mike Terrell, President of Paypro adds, "With Major Payment Systems' global processing facilities, we are able to pursue untapped card based opportunities. Additionally, their processor owned bank allows us to develop new and innovative products. We are especially excited about the Multi Wallet Card products that will give retailers the ability to provide product incentives to their customers that use our cards for purchases."
About Paypro, Inc.
Paypro has debit card operations in six countries including its domestic operations. The Company's stored value debit cards are sold under the brand names CHEXCARD® and MYBANKCARD to businesses, governmental agencies and individuals. The MyBankCard and CHEXCARD® products are revolutionary new ways to handle your financial independence. It is not a credit card - no interest to pay, no payments to make and no approval requirements. They are VISA and Mastercard Bankcard products with no bank account necessary, and no credit checks required.
About Major Payment Systems, LLC
Major Payment Systems, LLC. is a privately held subsidiary of Dallas based software engineering and communications firm Major Financial Services, Inc. We deliver real-time transaction processing solutions into a wide variety of custom business applications. The MAJOR Platform is a compilation of next generation technology and proven solutions that have been successfully implemented for the past fifteen years in the applications of banking and finance, and government accounting systems.
Major Payment Systems, LLC is committed to bringing the MAJOR processing platform to market through aggressive sales and marketing efforts and strategic relationships. For more information visit www.majorpayments.com
This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in Paypro Inc. reports that will be on file with the US Securities and Exchange Commission. Contact:
Paypro, Inc. Mike Terrell, 214-774-4870 or 817-569-8920 info@mybankcard.com or NY OTC Financial Network Investor Relations: Fred Lande, 516-487-0841 info@nyotcfn.com http://www.nyotcfn.com or Major Payment Systems, LLC Media Contact: Randy San Nicolas, 800-715-2398 randysn@majorpayments.com
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