Pay88, Inc. (fka PAYI)

[resident1155]

The share structure seems to be the same. I don't think we'll know anything until they file a 10k.

My plan is to lower my cost basis in this range over the course of the next 3-4 months. I'll probably double down another 50-100k shares and cut my cost basis in half. It's easy to do when we are drifting sideways at this range.

I wish they would issue a PR soon though as this company has never delayed filing this long before. That can either be a really good sign or a really bad sign. Judging by the fact that their websites are still in full operating mode, I'm hoping it's a good sign.

There's always a chance for a takeover or buyout of some sort, but I guess we'll have to wait and see how this one pans out.

Everyone should be aware that the phone numbers posted for the US locations are NOT representative of this company's operations. They merely came to the US to market themselves to investors abroad. This company operates IN CHINA in a 6500sq foot office building. They are currently looking to hire 3 java developers for enterprise applications. Anybody that knows anything about application development knows that java developers are well payed positions. Anyway that wants java wants a PREMIER application.

This company looks like the real deal.