Pre Paid Holdings (fka PrepaYd, Inc.)

[Ruellit]

Interesting Form 3 filed on 3-12-09 which includes the following statement, "Mr. Christiansen may purchase up to 21,250,000 shares once the Company has 70,000 issued cards and the Company's revenues exceed $500,000 per month, which expires August 1, 2011; and an additional 42,500,000 shares once the company has 120,000 issued cards and the Company's revenues exceed $825,000 per month, which expires August 1, 2012."

Considering he bought 63750000 shares I guess we can assume that this company is making $825,000.00 per month now!

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