Friday, July 20, 2012 6:24:38 AM
Currently Tango is in the final stages of securing a long term contract with
an overseas processor to design, build and support a "Proprietary Payment
Engine". Tango management commented that it is the nature of these types of
contracts to be of high profit margin and on a multiyear term basis. Tango
expects to process billions of transactions that can generate significant
recurring revenue from transaction fees for the short and long term.
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