Paysign Inc (PAYS)

[ebrie014]

Steve - I refer you to p.7 of PAYS investor Deck:

https://www.paysign.com/wp-content/uploads/2019/12/Paysign-Inc-Investor-Presentation-December-2019.pdf

I'm really not sure where that short got his info (likely from 2015 like I said in an old post) but the company does not depend at all on "break fees" - the majority of the Company's revenues are from plasma centers (break fees don't apply for this type of revenue). Break fees only applied for old incentive programs where revenues where reported as a bulk amount at the end of the program. For plasma (which represents over 70% of revenue) - revenue comes from client set up/software/consulting fees (when they initially set up a new center/client) than on an ongoing basis they receive: management/admin fees, transaction fees and interchange fees. This model is similar for other non-plasma revenue though at times can be slightly bulkier as these "programs" do not continue indefinitely like plasma centers, occasionally certain incentive programs only last a year.

The shorts will be forced to cover upon any good news update there will be a drastic short covering rally given the low float and high short ratio.

Hope this helps.

E.