Payment Data Systems Inc (PYDS)

[StockTrader1965]

Lebed.biz Alert May 14th 2008 Part I

Payment Data Systems, Inc. (PYDS)'s 1Q results will be released tomorrow after the close at the latest!

We already know that PYDS's credit card processing dollar volume for the first quarter of 2008 increased 47% from the comparable quarter one year ago!

Visa (V)'s payment volume last quarter was only up 19%!

We also know that PYDS received $750,000 in cash during the quarter for the sale of a patent!

If results are strong I believe we could potentially see PYDS take off big!
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Jonathan Lebed
Lebed.biz
Staff