Paysign Inc (PAYS)

[ebrie014]

Was in Vegas for the week so did not have a chance to comment much on Q1 or the shareholder meeting.

I will also second the comments left by MountainDad and Chilar - It was nice finally meeting you both in person and will definitely be there again next year!

As for my comments about how it went - the actual meeting was short and sweet as expected with votes pretty much unanimous for the naming of directors and auditing firm. We did get the chance to catch up with both the CFO (Brian) and CEO (Mark) afterward and to MrD's inquiry on the more superficial aspects and thoughts about personalities... I came out of the meeting and chats with management with a strong confidence that 3Pea is guided by very competent individuals. Management recognizes the potential they have with this firm and have been very strategic about finding board members that have the abilities and the network to take this firm to the next level. I am especially proud that Mark opted to make Dan Henry the Chairman of the board. From my experience with other firms, the best CEO's are the one's that recognize they cannot do everything but have the ability to hire/find people they can leverage to help bolster the bench strength of the Company's management team.
This is not mandatory for NASDAQ uplisting but it is typically a good practice as firms grow to separate the role of CEO and Chairman. Dan's experience founding Euronet Worldwide and as ex-ceo of Netspend will surely be exceptionally additive to 3Pea and growing the Company going forward.

Hold on Tight - the future looks bright for 3Pea!

E.