Paysign Inc (PAYS)

[ebrie014]

Looks like many of us picked up shares on Friday.

I also dipped my toes in. I see the current price as a great long-term entry point. Regardless of any future growth opportunities, their plasma business itself warrants a much greater premium than the current company's value (9M market Cap...) The company has traded higher than the current price years back when they had an even smaller plasma presence with no Paysign platform - so take that for what it is.

The lawsuit is in the past and I'm glad they opted to take one large hit rather than contaminate future earnings. Margins keep expanding due to full integration of their Paysign platform and direct sales strategy.

I personally am not expecting anything huge for Q4 but it will likely be reasonable.I have an understanding of how their earnings work and how they are recognized and it would not really phase me if it's lower in revenue than the last Q4 - what I look for is the "normalized" earnings over the long term. I do expect the company to start showing progress over the next year. We sha'll see... I'm a buyer under 0.20.

Best of luck.

E.