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This company is the new formation of a US based subsidary for Selectcore (SCG.VN) via reverse takeover which provides POS Processing, Prepaid Wireless Services and the Iridium Mastercard product.
Expect the Paymobile company to provide corporate branded cards, loyalty program cards, mobile phone payment top up and transfer systems plus a few other services.
http://www.paymobile.com
http://www.selectcore.com
http://www.iridiumcard.com
It looks like it... Expertelligence (EXTL)$ 0.51 0.41 (410.00%) Volume: 1,000
Anyone know is this a Reverese Merger Company ?
Intersting 8-k out a few weeks ago
On May 4, 2010, the Company agreed to issue 44,859,300 shares of its common stock in reliance upon exemption from registration found in Section 3(a)(10) of the Securities Act in exchange for $448,593 of convertible debt and accrued interest outstanding at December 31, 2009.
Following a fairness hearing, with timely prior notice given to, and the opportunity to be heard thereat by, the creditor, the Circuit Court of the 18 th Judicial Circuit, in and for Seminole County, Florida, determined that it had jurisdiction, and found, as a matter of fact, and declared, as a matter of law, that the terms of the exchange of that the terms of the exchange of that debt for those shares of the Company were “fair” to the creditor. Thereupon, the creditor assigned its right to receive those shares to other persons. Absent such a finding from the Court approving the exchange and declaring it to be fair to the creditor, there would have been no basis for the Company to have relied upon the exemption set forth in Section 3(a)(10) for the issuance of those securities.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7264426
EXGP L2 looks very thin could be a huge one imo.
hehe. yea they are all pos's regardless if they are good or not. :>) gl
lol but it's a good pos, got it on radar now gl
pos!~!~ shes a clean, newly otcbb, with a tiny float and nice OS bootiful shell. Hardly a POS ... ;>) true....
but not sure. Might be accumulation in front of some knowledge or nothing. On a merger IMO this sob could be .50+ at the drop of a dime.
what's up with this pos
without ms reflecting yet might be abel to sneak in a lowball bid IMO
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