Break-out Alert: Payment Data Systems Opens Up 42.86%
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Payment Data Systems (OTCBB: PYDS)
Break-Out Alert: Payment Data Systems is up 42.86% at the Open
- Prior Close: $0.07
- Open: $0.10
- Latest Trade: $0.10
Special Note: StockGuru will be releasing an audio interview later today for PYDS – AFTER THE CLOSE.
StockGuru’s Profile for Payment Data Systems
This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/pyds/
Payment Data Systems (OTCBB: PYDS)
A Look at the History of Payment Data Systems:
Payment Data Systems was formed in 2003 as a payment processor with a focus to deliver payment services to large merchants that have recurring billing. Today, Payment Data Systems processes payments and delivers bill payments for some of the largest companies in the United States. Payment Data Systems is a network independent level one payment processor holding the highest level of certifications from the card associations.
Payment Data processes payments has over 1,000 corporate clients including many churches, insurance, utilities, charities, apartment complexes, senior living facilities and eCommerce companies.
Payment Data securely processes multi-million dollars of payment transactions each month. Payment Data has proprietary technology and systems that gives the company a competitive advantage in the marketplace.
Payment Data considers itself to be a company that can provide a seamless and comprehensive set of products and services for virtually any payment opportunity with multiple entry points for services.
PYDS: A Leader in Mobile Payments
Payment Data System expects to become a leader in mobile payments through its development of the iRemotepay application for the iPhone, iTouch and iPad.
Michael Long, CEO, said, “The fourth quarter was a tremendous quarter for us. Our ACH processing volumes more than doubled the dramatic growth we experienced in the third quarter and December’s credit card processing was the best month in the history of the company. This growth has led to a dramatic, positive increase in revenues, gross profit, operating income and net income both for the fourth quarter and the year. We look forward to reporting record earnings for 2011.”
This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/pyds/
Contact Payment Data Systems (OTCBB: PYDS)
Payment Data Systems (OTCBB: PYDS)
PYDS Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract with Payment Data Systems (OTCBB: PYDS). We hold not shares and will not be receiving any shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. We expect to be compensated up to seven thousand five hundred dollars for coverage. In general, given the emerging nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises LLC – 1601 Berwick Drive – McKinney, Texas 75070 – (469) 252-3031.
