Payment Data Systems Inc (PYDS)

[asp42001]

PYDS, TSG, Preston Todd Advisors & M.R. Long

Eight years ago, PYDS engaged TSG with help from Mr. Long.

TSG circa 2007, like Preston Todd Advisors, was working from the bottom-up, trying to attract merchants & retailers of all sizes needing to connect to Payment Data Services (Systems) in the 21st. Century:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=22829891

The big hold-up was/is new rules and regulations, yet to be voted on, that govern FiCentive load & reloadable "Cards of Networking Opportunity" and what fees can or can't be charged.

Banks & investors can't figure-out a R.O.I. (return on investment,) until rules & regulation feet are taken off the throats of PCI (payment card industry) compliant 3rd parties.

Other countries w/o a bank on every corner are leaping ahead of PYDS Texas Hold'em Billserv/Payserv methods that began in 1998.

Mr. Long's shareholder's meeting in 2003. He announced billing presentment would go on the back-burner and payment services up-front. He was on-track and ahead of his time.

MasterPass (mastercards) & others, are now focused on working from the bottom-up, by catering to non-banked Hispanics & others. Mr. Long wasn't the only reason I invested and followed BLLS/PYDS endeavors, but he was the main reason I've stayed the course.

PYDS Billserv/Payserv 3rd party networking linchpin, or BUST!

asp (application service provider)42001.