Payment Data Systems Inc (PYDS)

[sopelote]

A prediction: I am waiting to hear how PYDS could possible join Nasdaq with so few shares in their float after a necessary reverse split. My guess is that Mgmt. at their shareholders meeting will either announce that they are postponing application for listing because of the price logistics or they will tell us that they've made a private placement of umpteen million shares at approx. .20 cents a share...with no restrictions on the shares and with the buyers being annon. as a stipulation of the placement... then, they could do the reverse split...but I would bet that they simply say that they investigated the possibility of listing and decided not to because a private placement before a reverse split is difficult to sell.