Payment Data Systems Inc (PYDS)

[StockTrader1965]

Lebed.biz Alert May 12th 2008 Part II

Read PYDS's March 14th press release where they announced 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%... http://biz.yahoo.com/bw/080314/20080314005048.html

Read PYDS's January 17th 8-K filing where they announced that they received $750,000 in cash for the sale of a patent... http://biz.yahoo.com/e/080117/pyds.ob8-k.html

All of this leads me to believe that PYDS could report HUGE 1Q results this week! They are expected out either Wednesday after the close or Thursday after the close!

PYDS just became only the fourth company certified by Visa as a Compliant Service Provider with the ability to produce private label debit cards and prepaid gift cards. You can verify this for yourself by going here: http://usa.visa.com/download/merchants/cisp_list_of_cisp_compliant_service_providers.pdf

PYDS previously obtained a similar certification with MasterCard and has already launched celebrity branded MasterCard debit cards featuring Natalie Gulbis and Carmen Electra.

PYDS even has their own 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 is already starting to break out and I believe it could be getting ready to TAKE OFF BIG!

Please do your own research and make your own investment decisions. 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