PayPro, Inc. Makes Correction of Facts Regarding MyBankCard
Friday October 20, 10:43 am ET
DALLAS--(BUSINESS WIRE)--PayPro, Inc CEO Mike Terrell stated, "We have looked at and are making a correction of a misprint on our financial notes. The note should have read:
"'On April 1, 2006, the Company sold ChexCard Corporation, a provider of debit banking cards. As part of the transaction, certain notes payable and other liabilities were also retired. As compensation, the Company received 2,000,000,000 shares of the Company's previously issued stock, and the stock is being held by the Company.'"
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PayPro CEO Mike Terrell stated, "Many news sources, Market Makers, and shorts continue to report that we sold MyBankCard, we have not. We sold Chexcard Corporation basically for what we paid for it. The move was made because of a duplication of products and a differing vision of where PayPro, Inc should be heading and how it should get there."
PayPro Facts
PayPro, Inc headquarters is located in Dallas, TX at 100 Crescent Court
Our Phone number is 214-774-4870 Fax 214-594-2233
New Website: will be announced next week
Announcements: There will be no reverse splits.
Latest Financials: will post on or before November 15
Short term goal: become a fully reporting BB company
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