Payment Data Systems Inc (PYDS)

[cordymn]

Earlier this month I got on a plane and paid a personal visit to Mr. Long and Mr. Hoch, who graciously sat in Mr. Long's office with me for two hours discussing the company and introducing me to the payments industry. They asked the technical/systems lead to walk me upstairs to have a look at the data facility, which while being kept under lock and key was far simpler than I would have imagined. They were very nice people and I appreciated their time.

Today it was announced that in the recent quarter operating income margins have increased to 19.6%, and sales vs. a year ago have increased 269%. The thousand bucks I dropped on a hotel and plane ticket to verify this gem in person, I submit, were well worth the money.