It is a pinksheet stock and doesn't trade much. I participated in a PP so that's how I know about the stock. I posted about the stock but warn new buyers not to expect too much right away. They are building their prepaid card base as well as the wireless customer base. They have something like 40,000 prepaid cardholders and probably still only have hundreds of wireless customers. Just started selling phones/plans last month.
Company supposed to get financials up to date and uplist this year. Until we see the financials, I don't anticipate an increase in volume and until we see financials hard to judge their current financial situation and prospects.
I like the prepaid debit card field because I think it has huge upside but these guys don't have market share yet. Lots of shares issued, mostly to the founder/CEO but not much in the float. I think there are something like 600million shares out. Not sure why he did it that way but it's his company.
Bobwins
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
