I know it’s my job to keep investors informed of what’s going on in the company and I have done that recently by issuing a series of press releases you will find below. However, I wanted to update my blog so here goes:
First of all I want to make it real clear we are building a company with the belief the stock will follow not hyping up a stock and hoping the company will catch up. Our recent press releases serve many purposes keeping the public informed of events as they happen and secondly, (which I believe is extremely valuable to the company) they have introduced our company to growth opportunities as we gain nationwide notoriety. Our press releases have garnered us business that we weren’t expecting especially those regarding Mobile Payments and the expansion of PrepaYd Wireless.
FIS (a $10B Company) is the largest payment processor in the United States. They recently made a press release announcing that they had entered into an agreement with us (Bank Freedom) to “Provide New Mobile Banking Offerings (Mobile money moving services). This is an extremely important to PrepaYd, Inc. as we believe that in order to be a successful prepaid card company you must integrate Mobile Payments. Now, due to the fact we own a Prepaid Wireless provider; that piece of the puzzle is a paramount in our minds.
Sprint amended our contract so we could offer 4G phone service. For a prepaid wireless company that is a truly priceless opportunity as we have an edge on many competitors who are still using only 2 or 3 G.
PrepaYd Wireless is opening its second retail location the importance of this is to prove a model we believe we believe is a great franchise opportunity. Subway was the fastest growing franchise in America once and its success was attributed to its low entry cost. We believe the model we are testing could prove to be America’s newest franchise and/ or chain.
PREPAYD receives word and design trademark approval from the USPTO. Well, its goes without saying it’s pretty darn hard to protect a brand or build a franchise without a trademark.
We’re building the footprint of something that is much larger than I ever thought possible when I started what is now known as PrepaYd, Inc. Technology enhancements, forward thinking and the economy have given us the opportunity to be part of the New Economy and provide much needed products act affordable prices.
I have noticed recently that every time we make a press release some party(ies) haves been dumping our stock. To those party(ies) I am sorry you are looking for a company that is all hype and sizzle. Wand we are going to continue to build a company and report what we are doing. I have said from day one I am doing this to make a bundle as a stockholder not as a CEO.