Monday, August 14, 2006 8:22:58 PM
Update SFPS
the breakouts on the sfps chart are looking incredibly alike, it really looks like it is all coming together for another major spike up, just look at the accumulation and positive M/F during the downtrend after the spike, huge, accumulation is now higher than spike peak, all coming during the downtrend, i'm giving a conservative guess of two more very slightly down days, one to sit right on the SMA(15), and one just slightly below as per the pre spike bump, and IMHO i think it will blow up thursday, here's another bit of information, the last spike started on may 18, a thursday, all this data coupled with the audited financials possibly coming out, and they will be posting july's processing data shortly, see *** below
Midas
SafePay Solutions Announces Estimated Gross Profit Margin
Tuesday August 8, 9:00 am ET
NEW YORK, Aug. 8 /PRNewswire-FirstCall/ -- SafePay Solutions, Inc. (OTC Pinksheets: SFPS) announced its estimated processing transactions for the five months ending June 30, 2006 were approximately $14,000,000, and its estimated gross profit was in excess of $425,000 based on an estimated gross profit margin of 3.0%.
***
In addition, processing transactions for July 2006 have increased over June 2006, and will be reported as soon as finalized.
The Company believes that its gross sales margin should increase as volume, new processing arrangements, and economies of scale work to lower the Company's cost of sales.
the breakouts on the sfps chart are looking incredibly alike, it really looks like it is all coming together for another major spike up, just look at the accumulation and positive M/F during the downtrend after the spike, huge, accumulation is now higher than spike peak, all coming during the downtrend, i'm giving a conservative guess of two more very slightly down days, one to sit right on the SMA(15), and one just slightly below as per the pre spike bump, and IMHO i think it will blow up thursday, here's another bit of information, the last spike started on may 18, a thursday, all this data coupled with the audited financials possibly coming out, and they will be posting july's processing data shortly, see *** below
Midas
SafePay Solutions Announces Estimated Gross Profit Margin
Tuesday August 8, 9:00 am ET
NEW YORK, Aug. 8 /PRNewswire-FirstCall/ -- SafePay Solutions, Inc. (OTC Pinksheets: SFPS) announced its estimated processing transactions for the five months ending June 30, 2006 were approximately $14,000,000, and its estimated gross profit was in excess of $425,000 based on an estimated gross profit margin of 3.0%.
***
In addition, processing transactions for July 2006 have increased over June 2006, and will be reported as soon as finalized.
The Company believes that its gross sales margin should increase as volume, new processing arrangements, and economies of scale work to lower the Company's cost of sales.
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