Payment Data Systems Inc (PYDS)

[paymentsrule]

In his conference call, Louis Hoch said the new bank would be online and operational in 60 days, so they expect the 4th quarter of this year (seasonally their best quarter) to have improving revenues, especially from their ACH business. He also said they were ramping up their sales efforts, technology and trade shows. I don't think we'll have to wait a year for improving revenues!