Press Release for Paypro Inc
PayPro, Inc. announces NOBO review results.
10/12/2006 11:10:30 AM
DALLAS, Oct 12, 2006 (BUSINESS WIRE) -- PayPro, Inc. (Pink Sheets:PYPR) CEO Mike Terrell stated, "After careful review of the NOBO and DTC lists we believe there is a major short position hurting our shareholders and the company. I have reported the Market Makers and brokers I believe to be illegally shorting our stock. The Board of Directors is considering a reduction of the authorized and outstanding shares and a possible share buyback at this time to protect our investors. In our opinion there are certain Market Makers and brokers deliberately hurting our stock, and our investors, and to that end I have filed complaints with the NASD."
About PayPro Incorporated:
PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:
Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward Looking Statements is not historical fact as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
SOURCE: PayPro Incorporated
PayPro Incorporated
Mike Terrell, 214-774-4870
