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PAYI news: stock dives 45% Becoming Online Supermarket of Financial Products and Services

Does this dive make sense ? down about 70& in 4 biz days

prnewswire
Pay88, Inc. (PAYI.OB) Takes First Step to Becoming Online Supermarket of Financial Products and Services

* Press Release
* Source: Pay88, Inc.
* On 7:43 am EST, Monday November 9, 2009

BARNSTEAD, N.H. and CHONQING, China, Nov. 9 /PRNewswire-Asia-FirstCall/ -- Pay88, Inc. (OTC Bulletin Board: PAYI - News) announced today that it has signed an LOI with Chongqing Kai Yuan investment Co. marking Pay88's first step toward achieving their goal of becoming China's online supermarket of financial products and services.