hard to say because we've never seen the financials after they raised money. There are a lot of shares outstanding, something like 600 million or more so even at .03, that's 18 million bucks. Assuming they are losing money, how much would someone pay?
The wireless seems like it would offer more bucks per customer but again we don't know the economics of the business as it applies to Prepayd.
The increased prices allowed to small card companies versus the big banks means that a smaller player should have an advantage but they have to have some means of generating customers without expensive national advertising. Maybe a huge credit union or some enduser with millions of clients could takeover PrePayd and provide the service and make money.
Without more specifics, we're just blowing hot air but it's certainly a positive possibility.
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
