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Re: midas716 post# 2014

Sunday, 08/27/2006 10:31:16 PM

Sunday, August 27, 2006 10:31:16 PM

Post# of 75789
Update SFPS

Pinksheet Stock

well, what we have is the big run that couldn't, we got the news, but no run

SafePay Gross Processing Transactions Have Now Exceeded 20 Million Dollars

PRNewswire
09:40 a.m. 08/22/2006

Processing Transactions Continue to Increase for Eighth Consecutive Month
NEW YORK, Aug 22, 2006 /PRNewswire-FirstCall via COMTEX/ -- SafePay Solutions, Inc. (OTC Pink Sheets: SFPS) announced today that for the month of July, SafePay Solutions, Inc. took in $7,088,066 in gross processing transactions compared to $5,841,672 in June and $4,144,441.57 for the month of May.

SafePay is proud to announce that its total gross transactions processed in the last 8 months have exceeded 20 million dollars.

SafePay Solutions, Inc. expects gross processing transactions to continue to grow. The company now has over 50,000 members able to purchase through SafePay, a number that continues to grow every month. Also, as stated previously, the company continues to add new product suppliers.

what i'm guessing is investors are tired of hearing gross processing transaction revenue as oppposed to real revenue, that's not to say it still won't run but chances have been greatly reduced, the patterns stated in previous releases have most likely been broken, follow the thread back for the previous posts and charts, it may be that the bump before the spike, like the bump before last spike, is just larger and therefore taking longer to form but that is purely speculation at this point, i'm now slightly nervous about the pps starting a ride down the bottom bollinger, on the bright side you'll notice stochs were in a down slope as they are now right before the last spike and stochs are now approaching the same level as the previous spikes start, also M/F dropped off before first spike as it is now doing, not really liking ADX setup either, something better happen soon or a complete retrace down to .05 is a very real possibility

i'm really surprised that this did not take off on that news, it certainly looked to be setting up for it as per previously posted charts, but as we all know in pinkland nothing is gauranteed, so now it's a waiting game, if your a holder(i am) be careful of the ride down the bottom bollinger, if the pps doesn't cross back over the SMA within the next few days say hello to .05 or possibly .0275 which is the support below that, wish i had more positive to say but it needs to be told as it is seen, nothing more, nothing less

Midas

6 month



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