ajor, I found the site. Thanx! Like I said, now own 250k shares of TNSX, avg .128. By the way, BDGR took off at the close! SWEET!
Now, here is all the info I know of TNSX, all is verified by me with David Sasso.
The float is 7 - 7.5 million, with much of it held by friends and family of the CEO. CEO as well as many in the company own many, many shares. The word is in the early phase of being brought to potential investors.
The new IR firm, ROI, was paid in cash as well as stock. The shares will be locked up for one year, as well as the company, ROI, says they are not going to sell any shares.
Did a partnership with Microsoft last year in developing there web solutions. They have complete web functionality from anywhere throughout the word.
Have large contracts with the biggest bank in Brazil, the biggest Insurer, as well as the third largest insurer.
They are negotiating Phase 2 with the largest bank in Brazil which could do 500k transactions per month which they tend to roll out the remainder of 2006.
They recieve .55 per transaction.
Possible 2 more Brazil contracts, as well as a potential major medical group in California. Plus todays release of the Pilot program in New York City. The US is so far behind in this area, only a matter of time b4 they really embrace Transax. It is comming!
They are expanding in S. America as well as Asia. These are countries which companies are comming to Transax for business, not Transax going to them. Speaks volumes IMO.
Over the next month or two, Real time payment beginning with a major bank in S. America.
Transax believes they will be doing more than 1 million transactions per month by the end of 2006. Though, with the recent news releases, this WILL be NO PROBLEM IMHO.
The company will have a better idea of a timeframe on getting off the otcbb later in the year, as they believe it is very feasible.
Well, that is what I know, will add more as soon as possible.
GLTA! L8ER
