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Monday, May 12, 2008 4:50:32 PM
When Payment Data Systems (PYDS)'s 1Q results are released later this week... it wouldn't surprise me if many Visa (V) shareholders begin to discover the company!
V has been trading an average of 22.6MM shares per day since it's IPO and with a share price of about $80 we are talking dollar volume each day of $1.8 BILLION!
PYDS's whole entire market cap right now is only around $6 MILLION. This means it would take only around $6 MILLION to buy the entire company at it's current share price.
With all of the BIG MONEY trading in and out of V, I believe PYDS could potentially TAKE OFF BIG if only a microscopic amount of V's investors discover PYDS!
If you go to: http://usa.visa.com/download/merchants/cisp_list_of_cisp_compliant_service_providers.pdf
You will see that PYDS is one of only four companies listed as being certified by Visa to produce private label cards!
PYDS previously obtained a similar certification with MasterCard and has already launched celebrity branded MasterCard debit cards featuring Natalie Gulbis and Carmen Electra!
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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
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