posted
PayPro, Inc. Makes Correction of Facts Regarding MyBankCard Oct 20, 2006 10:43:00 AM Copyright Business Wire 2006 DALLAS--(BUSINESS WIRE)--
PayPro, Inc CEO Mike Terrell stated, "We have looked at and are making a correction of a misprint on our financial notes. The note should have read:
"'On April 1, 2006, the Company sold ChexCard Corporation, a provider of debit banking cards. As part of the transaction, certain notes payable and other liabilities were also retired. As compensation, the Company received 2,000,000,000 shares of the Company's previously issued stock, and the stock is being held by the Company.'"
PayPro CEO Mike Terrell stated, "Many news sources, Market Makers, and shorts continue to report that we sold MyBankCard, we have not. We sold Chexcard Corporation basically for what we paid for it. The move was made because of a duplication of products and a differing vision of where PayPro, Inc should be heading and how it should get there."
PayPro Facts
PayPro, Inc headquarters is located in Dallas, TX at 100 Crescent Court
Our Phone number is 214-774-4870 Fax 214-594-2233
New Website: will be announced next week
Announcements: There will be no reverse splits.
Latest Financials: will post on or before November 15
Short term goal: become a fully reporting BB company
About PayPro Incorporated:
PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
Source: PayPro, Inc
---------------------------------------------- PayPro Inc Mike Terrell 214-774-4870
Posts: 4071 | Registered: Dec 2005
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posted
I apologize for creating another thread, but since there's only about 2 weeks till nov. 15th i thought it would be good to give everyone heads up, so they can atleast put this one on radar
Posts: 4071 | Registered: Dec 2005
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posted
this is heating up, FINANCIALS due by Wednesday, this will be Next weeks play imo...accumulate the cheapies here
Posts: 375 | From: New Jersey | Registered: Apr 2005
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posted
yep - this one hit my radar when it was trading at .001 and I've been accumulating ever since. This one has the potential to run all the way to .01 very soon. Once it breaks the penny mark, the sky is the limit.
Posts: 42 | From: Providence | Registered: Aug 2005
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PayPro, Inc Net Profit up 2582% over 2nd Quarter 2006
DALLAS, Nov 15, 2006 (BUSINESS WIRE) -- PayPro Incorporated Posts Third Quarter Net profit of $3,642,556 up 2582% over 2nd Quarter 2006. The Company posted its financial results today for the year-to-date ending September 30, 2006. The total revenues for the nine months were $22,656,344. The results showed a 213% gain in quarterly revenue over the 2nd Quarter of 2006, with 3rd Quarter revenues of $11,163,226 compared with $5,250,460 in revenues for the 2nd Quarter of 2006. The Net profit for the nine months totaled $3,962,975. The results showed a 2582% gain in net profit over the 2nd Quarter of 2006, with 3rd Quarter Net profit of $3,642,556 compared with 2nd Quarter Net profit of $141,064.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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