Elephant Talk Communications, Inc. (ETAK)

[solarity]

Great post from yahoo board by stock77investor:

The Elephant Talk deal with Visa Europe is, without question, legitimate and real. Elephant Talk's wholly-owned subsidiary, Validsoft, reportedly will be launching its credit-card fraud prevention technologies within the next week. This translates to new and increasing revenues with profit margins of 70+ percent.

Through Validsoft, Elephant Talk is now about to launch groundbreaking fraud prevention solutions, using telecommunication technology accessing the global mobile phone network to confirm, in real time, whether a cardholder’s mobile phone is within the proximity of the ATM or merchant terminal at which the card is being used. This solution and practice has been fully vetted and tested by Visa and is proven to significantly minimize the number of inappropriately declined cross-border transactions and dramatically improves fraud discovery rates.

Visa Europe's own press release is found at: http://www.visaeurope.com/en/newsroom/ne...

See also: http://www.finextra.com/news/announcemen...

And: http://www.elephanttalk.com/images/uploa...

We should see Visa Europe launch ValidSoft's credit-card security solutions within the next 7 days, beginning with roughly 250k credit-card transactions per day, ramping up to 3 million transactions per day by July of 2011, and further increasing utilization by year end (2011) to 3+ billion credit-card transactions annually. To be clear, Elephant Talk's Validsoft fraud-prevention solutions are projected to generate some $300+ million in revenues on an annual basis - - and just from its one Visa Europe deal.