Hot Stock Alert: Emerging Public Company Signs Agreement With Canadian ISO Point of Sale Merchant! May 25, 2006
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
May. 25, 2006 01:52 PM
WESTON, FL -- (MARKET WIRE) -- 05/25/06 -- Wall Street News Alert's "stocks to watch" this
morning are: Smart Card Marketing Systems Inc (PINKSHEETS: SMKG), Citigroup
(NYSE: C), Micron Technology Inc. (NYSE: MU) and Charlles Schwab
Corporation (NASDAQ: SCHW).
As Smart Card Marketing Systems Inc (PINKSHEETS: SMKG) continues to release
news, it may have the attention of aggressive investors and day traders
this morning! Yesterday after the stock markets closed, the company, a
leading provider of prepaid cards, value smart storage cards and payment
transaction management services, issued a press release announcing that it
has signed an agreement with a leader in the Canadian ISO point of sale and
ATM network, to establish a co-brand prepaid card program for the Canadian
marketplace.
News of agreement should get the attention of investors, as the initial
agreement is for a commitment of ten thousand co-branded prepaid cards for
the first year for the ISO point of sale merchant and their existing
clients! Smart Card will benefit from ongoing royalties from the cards
sold and commissions from transaction usage by active cards used by the
merchant and their network. Additionally, the company has committed to one
thousand co-branded prepaid cards for the money remittance market and
payroll industry in the United Sates for their existing distribution
network.
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Smart Card Marketing! Smart Card CEO, Massimo
Barone stated, "The mission of Smart Card Marketing is to take a stronghold
in the North American market with card issuance and co-brand clients. The
shareholder value strengthens with every cross border agreement that is
reached and deployed successfully." The company's commitment to grow their
card issuance base and reseller network is continuously growing and
reaching a large demographic area of customers who utilize the
VelocityMoney(TM) payment network. The global use of prepaid cards
reinforces the need for a payment and reload network such as
VelocityMoney(TM) and VelocityMerchant(TM) that allow for turnkey deposit
and reload facilitation for clients worldwide. Additionally, the broad
demographic reach of Smart Card's products and services allows for the
company to develop relations in many countries where traditional banking
systems and networks are not yet fully functional. Smart Card's management
feels that the international prepaid scene is growing at a strong pace and
that establishing relations with financial institutions abroad for payment
services will be fundamental to strengthen the company's bottom line.
Prior to the latest press release, the stock closed yesterday at
Twenty-Four cents a share.
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In case you are not familiar with the company: Smart Card Marketing
Systems, Inc. was established in 2003 and is a leading provider of prepaid
cards, value smart storage cards, loyalty programs and payment processing
services. Smart Card offers a powerful sales organization and merchant
reseller marketing program that incorporates cutting edge technology and
delivers a viable cost-effective solution. Smart Card is looking to
revolutionize the prepaid and loyalty card market by presenting their
proprietary solution offering, the GoSmartCard platform.
Citigroup (NYSE: C) up 0.2% on 20.9 million shares traded.
Citigroup is one of the leading financial services company.
Micron Technology Inc. (NYSE: MU) up 1.4% on 11.6 million shares traded.
Micron Technology Inc. is one of the leading providers of advanced
semiconductor solutions.
Charlles Schwab Corporation (NASDAQ: SCHW) up 0.5% on 10.7 million shares
traded. Charles Schwab Corporation is a provider of financial services.
Commentary:
"Sales of new homes jumped in April, according to the Commerce Department,
rising by 4.9% and marking the highest level of 2006. This is the second
month of a gain in housing, but for the year-over-year basis sales are down
5.7%. The median price of a new home rose by 2.8% to $238,500; median
prices are up just 0.9% in the past year," stated Sonja Rudd in Wall Street
News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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