Lebed.biz Alert May 11th 2008 Part I
After processing over $100 million worth of credit card transactions in 2007, which was up 65% over 2006... Payment Data Systems, Inc. (PYDS) announced in March that their January processing dollar-volume increased 61% over a year ago and February continued this trend with credit card processing dollar-volume up 53%!
This unbelievable growth... combined with the $750,000 in cash PYDS recently received for the sale of a patent... leads me to believe that PYDS's 1Q results could potentially be HUGE!
They are due out this week and if results are strong... I believe PYDS could potentially EXPLODE just like how Visa (V) and MasterCard (MA) have been TAKING OFF during the recent weeks!
PYDS is one of only a couple hundred companies that is both a Visa Compliant Service Provider and a Mastercard Compliant Service Provider.
PYDS is one of only a few companies certified by both Visa and Mastercard to produce private label debit cards and prepaid gift cards.
The debit card industry is about to EXPLODE!
We are about to see massive amounts of credit card defaults and the market for credit card debt will dry up quickly. It will soon be very difficult to obtain a credit card. Those with credit cards will have much lower limits than they do today.
Everybody will be switching to debit cards!
PYDS makes it possible for "unbanked" consumers to receive their payroll on their own stored value debit card and use the debit card to pay bills and withdraw cash from ATM's.
PYDS also has the ability to create their own "branded" debit cards and recently introduced the Natalie Gulbis Mastercard. Natalie Gulbis was recently named one of the top five most marketable young athletes by Advertising Age!
PYDS has their own online bill payment portal Billx.com which allows you to pay all of your bills online in one convenient place. PYDS will soon be introducing their own branded Billx Prepaid MasterCard for both adults and teens which will be integrated with the Billx bill payment processing system. Consumers will be able to load and unload in real-time their Billx Prepaid MasterCards for both their personal use and their children’s use.
PYDS's current market cap of $3.7MM is just about as low as it gets for a revenue producing fully reporting company with NO DEBT!
Considering that PYDS is growing RAPIDLY and in one of the HOTTEST industries right now... I believe PYDS's upside potential at $0.046 is ASTRONOMICAL!
In my opinion, money will soon come out of V and MA and go into undervalued small-cap companies in the industry! I don't think there is a bigger opportunity in this industry right now with greater upside potential than PYDS!
Please remember to do your own research and never make investment decisions based on anything I say.
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My firm Lebed Biz LLC has been compensated by PYDS $20,000 cash for a one-month investor relations contract. We were previously compensated by PYDS a total of $50,000 cash for past investor relations contracts which have since expired. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
Lebed.biz
Staff
