Payment Data Systems Inc (PYDS)

[asp42001]

Shareholder's Meet 6-11-18 Should Be Interesting!

Payment partnerships mentioned by the CEO of PayPal, when he was interviewed by Cramer today, stated payment partnerships will expand, so PayPal and others can compete with Amazon.

Speculators tend to buy on rumor and sell on news. The PYDS sell-off by speculators, after PYDS news was released was a big mistake, imo.

Patent 7,021,530 awarded to Louis A. Hoch circa 2006, protects paying bills with plastic. If said patent payment protection holds water, PYDS would turn into a patent-play. CFPB rules and regulations governing the payment industry, once settled and understood by banks, merchants, the healthcare industry, non-profit organizations, banked and non-banked consumers, will create a huge demand for payment partnerships, mergers, acquisitions and EBPP&H consolidation.

FWIW - The CEO of Paypal mentioned there's 2 Billion non-banked people living on E&M Commerce Planet Earth. Where are load & re-loadable prepaid Akimbo/FiCentive smart cards when you need them?

I bought more stock. I'm waiting on CFPB R&R guidelines; Meanwhile, China leap-frogs ahead in the payment industry and eats America's business lunch.

877-PDS-PAYS big time, when more banks adopt iRemotePay-Pass plastic; Heretofore, available "only" to consumers with bank accounts.

DEAL!