Replies to post #1272 on Paysign Inc (PAYS)

[ebrie014]

As per S&P Capital IQ insiders already own over 61% of shares. I think that speaks volumes. (see below top 5 insider holders)

Name/# of shares owned/ % of shares owned/market value/as of date
Newcomer, Mark R. 7,010,000 18.00% $1.4M Mar-04-2014
Spence, Daniel H. 6,510,000 16.72% $1.3M Mar-04-2014
Weiler, David R. 3,689,950 9.48$ $0.7M Mar-04-2014
Korte, Cynthia 2,442,000 6.27% $0.5M Mar-04-2014
DePrima J.D., Esq., Anthony E. 2,245,163 5.77% 0.4M Mar-04-2014

[chilar4567]

APA, thanks for look see & question. This is my opinion only:

#1 they have plenty of shares already
#2 purchasing shares prior to any announcement might be considered
trading on inside info. A serious no-no.
#3 since they are in, what can be considered a type of banking business, they need be EXTRA careful.
#4 feel free to contact Brian Polan @ 702 453-2221 for a better
answer than mine.
GLTY