Newsletter

Trading Alert: Paystar Communications Corp (OTC BB: PYST)

December 20, 2000
Volume III, Issue 107
Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:
 

Trading Alert: Paystar Communications Corp (OTC BB: PYST)

As mentioned previously we are going to be very aggressive with Trading Alerts on small and mid cap stocks for the remainder of December. There are some excellent values poised to bounce off very oversold levels. Please read the section on Trading Alerts at our home page to understand how these work. Click Here to go directly to that section. Click Here to view our Trading Alerts track record.

Today's Trading Alert is highly speculative and not for the feint of heart. Of course, all stocks in this market could fit that description. This stock is unique because, despite being a microcap, the stock has only dropped 1/2 point in the month of December to the $2.50 level on very light volume. This stock could trade up dramatically on this evening's news release.

Furthermore, the company issued a press release today after the market closed which we believe is highly significant. Having this information before the open tomorrow gives you a competitive trading advantage. According to the press release, this unknown gem has grown to nearly $12 million in annual revenues (250% increase), and projects $50 million in revenues in 2001.  While every other company on the NASDAQ is lowering its estimates this company is aggressively projecting a banner year.

Paystar Communications Corp made an announcement today after the market closed which opens the company to a whole new realm of business. Their new line of business will allow America's 30 million previously disenfranchised consumers to participate in the ecommerce revolution. Consumers with sub par credit who are unable to obtain a credit card will be able to purchase pre-paid cards for use in Ecommerce environments.

On this basis will believe this stock will trade up tomorrow.
 

Trading Alert Details
  • Buy PayStar Communications up to $3.00. The stock closed at $2.375 today.
  • Target Price- $4 to $5 over next two weeks.
  • Stop Loss- $2.125 and pull the trigger quickly if it gets there.
Here is the full text of the press release for your review:
 
Wednesday December 20, 4:00 pm Eastern Time
Press Release

PayStar Announces Acquisition of Prepaid E-Commerce Provider, PAIDCard.Net And 2001 Revenue Estimates

LODI, Calif.--(BUSINESS WIRE)--Dec. 20, 2000--PayStar Communications Corporation (OTCBB:PYST - news), a Nevada Corporation, announced today that it has completed its acquisition of the PAIDCard.net, a Prepaid Anonymous Internet Debit Card platform. 

PAIDCard is a safe, secure, and easy to use solution for on-line purchasing that will benefit both the consumer and the e-commerce merchant. 

``This addition to PayStar's Internet and Prepaid Services Divisions allows PayStar to continue to distinguish itself from other e-commerce providers,'' stated W. D. Yotty, CEO of PayStar. ``PayStar's nearly 8000 retail clients can now offer a prepaid internet access and e-commerce solution to the financially credit-challenged consumer who previously was unable to access the new economy. What we have here today brings e-commerce capability to millions of Americans for the first time!'' 

The PAIDCard advantage is its ability to alleviate the burden of chargebacks from on-line merchants, while providing anonymity to the on-line consumer. Fraud is substantially reduced with this method of payment, thus greatly lowering merchant fees and driving additional revenue to participating e-commerce sites. 

PAIDCard will be sold direct to consumers through PayStar's internet website, retail stores and linked affiliated websites. This mix of brick and mortar as well as on-line access will allow purchases of PayStar's PAIDCard by cash or credit card. This technology allows consumers to make secure anonymous purchases over the internet or by telephone without the use of a credit card. 

``This acquisition continues PayStar's rapid expansion which has allowed PayStar to grow at over 250% in 2000. We expect to finish the year with revenues of approximately $12 million,'' added Yotty. ``We are looking forward to continued growth in all eight market segments next year with PayStar's projected annual 2001 revenues exceeding $50 million. Recent marketing agreements and great success in PayStar's cashless ATM and Prepaid Services Divisions has allowed for a 70% reduction in short-term debt, greatly enhancing our 4Q Financial Report.'' 

About PayStar 

PayStar Communications Corporation, the premier distributor of telecom and financial services to retail merchants, currently owns and operates eight fully integrated divisions throughout the United States. These divisions consist of a host of Prepaid Services, Internet Kiosks, the ownership, operation, and management of Cashless ATM and wireless bankcard machines, private pay telephones, long distance voice and data services, as well as multi-media advertising. PayStar is the location service provider (LSP) to retail merchants nationwide. 

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein. These include the company's historic lack of profitability, end-use customers' acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations, and other risks with the regulation of the telecommunications industry. 

For more information, call PayStar at 888/769-7827 or visit their website at www.paystar.com. 
 

--------------------------------------------------------------------------------
Contact: 

     PayStar Communications Corporation
     Harry T. Martin, 209/339-0483
     hmartin@paystar.com
 



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