Verify Smart Corp. (VSMR)

[RandyKCMO]

Did some checking and the guy promoting the stock is Jonathon Lebed....

In his email blast this morning he wrote....

Verify Smart Corp (VSMR)'s technology could have the potential to reduce credit card fraud to zero and eliminate the identity theft crisis for good!

In 2008, over $10 trillion was exchanged around the world in various different forms of electronic transactions. While the credit card technology introduced over a decade ago has allowed consumers to easily purchase goods and services online, nothing has been done to increase credit card security. Credit card fraud and identity theft is now a $56 billion per year problem!

Present day solutions to reduce credit card fraud and identity theft simply haven't been effective. VSMR has shown in early production pilots that it can reduce credit card fraud to zero.

VSMR has spent four years and millions of dollars to develop and is now marketing a solution to combat the problem that technology created. VSMR's patent pending (PCT Approved) technology has been filed in 29 countries based on strategic importance and wireless penetration rate.

VSMR's software operates through the use of a cellular phone for secured verification of monetary transactions. VSMR's technology notifies the cardholder of the purchase through the cellular phone and empowers the cardholder to approve or decline his/her purchase.

The result is a guaranteed transaction and acceptance providing safety and security for the cardholder and merchant, a first in the industry and providing a level of security unprecedented in other Credit/Debit cards.

VSMR will generate revenues by earning a one time fee associated with the issuing of their VeriSmart Cards, recurring fees for each fund transfer, and recurring fees for each VerifyNGo authentication.

VSMR has now begun production implementation of their VerifyTransfer service for existing contracts and has large additional expected commercial clients.

Cohen Independent Research Group just issued a buy rating on VSMR with a $4.64 long-term target price. To read their report go to: http://www.cohenresearch.com/reports/vsmr_09-03-09.pdf

VSMR's web site is located at: http://www.verifysmart.com


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My firm Lebed Biz LLC has been compensated by a third-party (Wall Street Grand LLC) $20,000 cash for a one-month VSMR investor relations contract. 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