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3Pea International Inc. PAYSIGN (PAYS)

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About Paysign Inc.

Paysign Inc. (PAYS) is an experienced and trusted prepaid debit card payment solutions provider as well as an integrated payment processor that has over 2 million of prepaid debit cards in its portfolio. PaySign designs and develops payment solutions, prepaid card programs, and customized payment services. The Company manages programs for many of the world’s largest pharmaceutical manufacturers with copay assistance products designed to maximize new patient acquisition, retention and adherence. Its corporate incentive prepaid cards are changing the way corporations reward, motivate and engage their current and potential customers, employees and agents. Paysign’s customizable prepaid solutions offer significant cost savings while improving brand recognition and customer loyalty. Customers include healthcare companies, major pharmaceutical companies and source plasma providers, large multinationals, prestigious universities and social media companies.
Company at a Glance

Recent Milestones

Financial Highlights


2018FYE Highlights:

- Revenue for the year ending December 31, 2018 was $23.4 million, an increase of 54% compared to $15.2 million the prior year.
- Gross profit increased 70% to $11.4 million or 49% of revenues, compared to $6.7 million or 44% of revenues in 2017.period last year.
- Non-GAAP Adjusted EBITDA was $4.9 million, an increase of 65% compared to $3.0 million in 2017. Non-GAAP Fully Diluted EPS was $.09 as compared to $.06 the prior year.
- The company reiterates its previously released revenue guidance for 2019 of $38.0 to $40.0 million, representing a 62% to 71% increase compared to $23.4 million for full year 2018  
  as well as an adjusted EBITDA guidance at $10.0 to $12.0 million, representing a 104% to 145% increase compared to $4.9 million for full year 2018.

e of the Art Payment Processing Platform - PaySign

The PaySign platform represents a revolutionary payment processing solution that took years of development. It is a reflection of the Company's commitement to providing innovative, cost effective, customizable payment solutions to a variety of industries for multiple purposes. The platform was designed to easily incorporate new payment technologies and applications as they evolve, keeping Paysign at the forefront of payment innovation.

PaySign's Key Features


PaySign Solutions/Applications 

The PaySign Platform is extremely flexible and can be used in the following industry-specific applications.

--> Corporate Incentives: In a market that is expected to grow to $26.5 billion by 2016, PaySign® corporate incentive cards are the perfect vehicle for
     corporations looking to engage and motivate their customers, employees, and trade partners. PaySign cards are perfect for customer rebates, employee
     bonuses and trade partner commissions. Examples of corporate incentive cards include prepaid cards used as incentives to purchase big ticket items such
     as automobiles, smartphones and major appliances.


--> Payroll: PaySign payroll cards reduce administration costs and streamline operations for companies looking to provide an efficient payment method for
     unbanked employees. The overall market for prepaid debit cards for payroll is expected to reach $66.4 billion by 2016.

--> Public Sector: Federal and local governments, educational institutions, and other public sector organizations are constantly looking to improve efficiency
     and reduce costs. The PaySign card for the public sector provides an effective way to reduce costs and inefficiencies, whether related to disbursements of
     public benefits or internal payments. The total prepaid card market for government payments is projected to reach $119.4 billion by 2016.

--> Pharmaceutical Co-Pay Assistance: Paysign's Allegiance Rx card is now available under the PaySign brand. Co-pay assistance cards have been
     utilized by major pharmaceutical companies for brands such as Viagra®, Vyvance® and Restasis® to name a few.

--> Source Plasma Donors: Plasma collection companies nationwide can turn to the PaySign brand of cards for a customized payment solution for plasma
     donors. The PaySign solution offers either a customized Plasma Web portal solution or direct integration into donor management software.


Management Team

Mark R. Newcomer, President / Chief Executive Officer / Vice Chairman of the Board

- Co-founded the Company in 2001; and driving force behind the Company's significant growth and strategic direction
- Shaping the future of the business as a premier prepaid card services leader, delivering a strong value proposition for clients and over 2 million cardholders; oversees all financial, operational, technological and strategic decisions for the company, including: technology investments, the evaluation of strategic acquisitions,new product development and the formation and cultivation of third-party relationships 
- Served on the X-9 committee which developed standards for the electronic payments industry alongside IBM, Diebold, First Data, KPMG, MasterCard, Melon Bank, Visa, Wells Fargo, the Federal Reserve and others 
- Attended Cal-Poly San Luis Obispo where he majored in Bio-Science 

Daniel H. Spence, Chief Information Officer / CTO

- Co-founded the Company in 2001 
- 30+ years of senior IT experience 
- Prior experience includes Director of Technology Planning at the Associated Press, Project Manager of implementation of Medicare Easyclaim for ANZ Bank in Australia, Coca-Cola Business Operations & Business analyst for Australia Post 

Mark Attinger, Chief Financial Officer

- 30+ years of experience in Financial Services and BPO industries with concentration in Finance,  Operations and executive leadership 
- Prior experience includes CEO and CFO of Zxerex, CEO of Affina, and Vice President at American Express and Vice President at NextCard 
- Bachelor of Science in Finance, minor in Accounting; and Masters in Business Administration (MBA) from Brigham Young University

Joan Herman, Chief Operating Officer / Director 

- 30+ years of industry experience
- Previously at Sunrise Banks as Senior Vice President, Payments Division where she led the new prepaid business
- Prior experience includes various management positions in operations, product development, and sales and marketing at UMB Bank, Heartland Bank, and Boatmen’s Bank
- Board member of the Network Branded Prepaid Card Association and serves as Treasurer 

Robert Strobo, General Counsel, Chief Legal Officer / Secretary

- 13+ years of legal experience in non-traditional banking
- Previously at Republic Bank & Trust Company (Louisville, KY) as Deputy General Counsel and Vice President where he managed all legal affairs for Republic’s non-traditional bank programs, including payments, small-dollar consumer lending, commercial lending and tax related products
- B.A. in Psychology and Philosophy from the University of Kentucky and J.D. from DePaul University College of Law in Chicago, Illinois

Eric Trudeau, Chief Compliance Officer 

- 20 years of experience working in the card industry, focusing on prepaid and credit products
- Previously with Global Cash Card, Inc., Sunrise Banks and Meta Payment Systems (a division of Meta Bank)
- Certified member (CAMS) of the Association of Certified Anti-Money Laundering Specialists.
- Bachelor of Science Degree from South Dakota University 

Egon Kardum, Chief Information Officer  

- 30+ years experience in various technical roles providing enterprise IT services at several global companies
- Former Associate Director, Hosting Solutions  Bristol-Myers Squibb
- Former Manager of Server Technology, The Associated Press

Dana Barciz, Chief Marketing Officer

- 25+ years experience  in various marketing roles  within the Fintech industry
- Former Senior Product Marketing Manager at Fiserv
- Former  Vice President, Marketing, NYSE Governance Services

                                                                                              Board of Directors

Dan Henry, Chairman of the Board

- Former CEO of NetSpend (2008-2013). Grew annual revenue from $129M to $351M, with over 2.4 million cardholder accounts.  NetSpend acquired by Total System Services: (NYSE: TSS) for $1.4B
- Co-founder, Former President and  Chief Operations Officer and Director at Euronet Worldwide (NASDAQ: EEFT). A leader in secure electronic financial transaction processing.  Current market cap: 5.4B
- Sits on Board of The Brinks Company. (NYSE: BCO), CARD Corporation (Card.com), RxSavings Solutions, Balance Innovations and Align Income Share Fund
- Received a B.S. in Business Administration with majors in Finance, Economics and Real Estate from the University of Missouri,Columbia

Dennis Triplett, Director

- 35+ years in the banking industry including serving as the President and CEO of two banks in the Midwest
- Former CEO of  Healthcare Services at UMB Bank, N.A  a leading provider of healthcare payment solutions including health savings account (HSAs), health care spending accounts and payments technology

Quinn Williams, Director

- 30+ years of legal experience focusing on mergers and acquisitions, public and private securities offerings, and venture capital transaction
- Serves as corporate counsel for numerous public/private companies and was formerly general counsel and board member of Swensen’sInc.
- Mr. Williams is a shareholder with Greenberg Traurig LLP and admitted to the Bar in New York and Arizona

Bruce A. Mina, Director

- 30+ years of experience as a Certified Public accountant
- Founder and Managing member of Mina Llano Higgins Group, LLP
- Former CFO of Coal Brick Oven Pizzeria, Inc.
- Currently CFO for Academy of Aviation in Long Island, NY

Contact Information:

3PEA International:
Jim McCroy
Investor Relations
Tel: 702.749.7269


Click Here For the Company's Investor Presentation

Articles About 3PEA International

Seeking Alpha (SC Capital Group) - 3Pea Is A Payment Processor With >40% Organic Growth Selling For Half Of Peer Multiples - 2018-05-22
Seeking Alpha (Inefficient Market) - 3Pea: Strong Guidance, Uplisting, Should Propel Shares Higher - 2018-04-03
Seeking Alpha (BW Investment Visibility) - 3Pea International: Undervalued And Undercovered Turnaround Story - 2017-11-20

Analyst Coverage
Cannacord Genuity: Buy 17$ Target
Ladenburg Thalmann: Buy 14.50$ Target
Maxim Group: Buy 10.00$ Target

*This document contains projections and other forward-looking statements regarding future events. Such statements are predictions, which may involve known and unknown risks, uncertainties and other factors, which could cause the actual events or results and objections to differ materially from those expressed.                                                                                                              

Current Price
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PAYS News: Securities Registration Statement (simplified Form) (s-3) 07/19/2019 05:31:25 PM
PAYS News: Statement of Changes in Beneficial Ownership (4) 07/03/2019 08:46:33 AM
PAYS News: Statement of Changes in Beneficial Ownership (4) 07/03/2019 08:45:42 AM
PAYS News: Paysign, Inc. Names Matt Lanford Chief Product Officer 06/27/2019 08:31:00 AM
PAYS News: Current Report Filing (8-k) 05/24/2019 05:29:57 PM
#5118   TEX, here it is: " funding future chilar4567 07/20/19 12:40:28 PM
#5117   Shelf-Shares PAYS When They Stymie Hostile Takeovers asp42001 07/20/19 12:21:51 PM
#5116   ABOUT THIS PROSPECTUS rigdowntex 07/20/19 10:23:54 AM
#5115   Here's summary of it: rigdowntex 07/20/19 10:19:09 AM
#5114   WOW, didn't see it, but they have indicated chilar4567 07/20/19 10:09:31 AM
#5113   Chil, did you see the s-3 filing? WOW23P 07/20/19 10:03:57 AM
#5112   WOW, I expect it eventually, but seems too chilar4567 07/20/19 09:55:03 AM
#5111   Setting things up for an acquisition perhaps!! WOW23P 07/20/19 09:41:26 AM
#5110   Link not working WOW23P 07/20/19 09:00:36 AM
#5109   Wild day: $1.65 price swing (looks like lower chilar4567 07/19/19 10:13:53 PM
#5108   Prospectus - https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing. rigdowntex 07/19/19 10:11:26 PM
#5107   some are just keepers----------i have no exit point. mrdecember123 07/19/19 11:26:04 AM
#5106   Absolutely agreed Mr. D. I just wonder, when MtraderPV 07/19/19 10:36:23 AM
#5105   and it's been like that- steady for so mrdecember123 07/19/19 08:02:23 AM
#5104   ALMOST 2 MILLION TODAY. chilar4567 07/18/19 11:36:37 PM
#5103   steady accumulation/consolidation remains--------this looks directed into the 20 mrdecember123 07/18/19 02:15:15 PM
#5102   ANOTHER NEW HIGH! chilar4567 07/18/19 01:16:44 PM
#5101   ? It hasn’t been a good year for small-capitalization WOW23P 07/18/19 12:22:33 PM
#5100   Healthcare Real-Time Blockchain & AI Data Feedback ASAP! asp42001 07/18/19 09:24:55 AM
#5098   https://www.nasdaq.com/symbol/pays/institutional-holdings Steady accumulation mrdecember123 07/17/19 06:34:01 AM
#5097   STEPON, Need to make easy $, sell a chilar4567 07/16/19 11:54:05 PM
#5096   Well I sure guessed wrong. Up up up Steponit 07/16/19 12:13:39 PM
#5095   looks dedicated to go past the 20's in mrdecember123 07/16/19 11:26:51 AM
#5094   New all time highs today...I added some more MtraderPV 07/16/19 10:59:13 AM
#5093   This kind of leveled out at $16. Steponit 07/16/19 09:27:09 AM
#5092   21st Century Healthcare & Payments On Hold asp42001 07/15/19 10:50:23 PM
#5091   1.5 million trade @ around 16.00 pps at mrdecember123 07/15/19 08:31:05 AM
#5090   go asp!-----------------------I now apologize for so thoroughly misjudging mrdecember123 07/14/19 04:38:01 PM
#5089   Digital Blockchain & Artificial Intelligent fUSIOn "PAYS!" asp42001 07/13/19 12:57:11 PM
#5088   NF, re earnings, same growth %'s as prior chilar4567 07/12/19 09:52:43 PM
#5087   Wish I had spotted this one a couple nfrequent 07/12/19 04:28:01 PM
#5086   That might be a good idea. Those who nfrequent 07/12/19 04:17:10 PM
#5085   MR D. sorry you bailed on VHC. Held chilar4567 07/12/19 03:55:41 PM
#5084   NF, FYI, I stopped fooling around with stock chilar4567 07/12/19 03:52:40 PM
#5083   Looks like buyers are finally taking a breather nfrequent 07/12/19 01:52:52 PM
#5082   Meanwhile, accumulation/consolidation continues CONSISTENTLY here in PAYS. This mrdecember123 07/12/19 09:18:53 AM
#5081   ouch for Mr Cramer!! janeyH 07/12/19 08:37:57 AM
#5080   Crammer steps on his dick plenty of times. chilar4567 07/11/19 10:47:45 PM
#5079   I hear you. Even Crammer says no buy... nfrequent 07/11/19 09:56:54 PM
#5078   That's what the shorts have been thinking all chilar4567 07/11/19 06:38:11 PM
#5077   I added some more at $15.00 on that Steponit 07/11/19 04:51:56 PM
#5076   Real-Time Hospital Bill & PAY-Money-Trails & Cost? asp42001 07/11/19 03:47:02 PM
#5075   Ridiculously overpriced! nfrequent 07/11/19 03:08:31 PM
#5074   Short Interest chilar4567 07/09/19 10:41:11 PM
#5073   Bill & Pay fUSIOn Less Healthcare Payment Confusion asp42001 07/07/19 06:44:20 PM
#5072   The price won’t keep me from buying; ramblinman73 07/07/19 02:58:53 PM
#5071   ramblinman, if pps keeps you out of the chilar4567 07/07/19 02:16:15 PM
#5070   Healthcare Bill-Sync, Pay-Sync FUSION "PAYS." asp42001 07/07/19 12:33:16 PM
#5069   I’m pissed. I need it to take ramblinman73 07/05/19 05:04:26 PM
#5068   Wow, this is sure looking good. I'm Steponit 07/05/19 04:09:47 PM