The Stock Wizards Reviews Prepaid Card Service Company SMKG
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SMKG — Smart Card Marketing Systems, Inc
Smart Card Marketing Systems, Inc. (SMKG) is a leading provider of prepaid cards, value smart storage cards, and payment processing services.
The Company offers several unique services including but not limited to:
* GoSmartCard Platform
* VelocityMoney™
* VelocityMerchant™
* Prepaid Wireless
The GoSmartCard Platform provides an essential medium for merchants and retailers to create incentive programs for their new and existing customers, as well as to collect purchasing data such as brand loyalty, buying preferences, and personal account information.
The GoSmartCard platform is a real-time Internet based application that simultaneously manages both the data for business-to-business and business-to-consumer levels.
The GoSmartCard platform is a valuable tool that can be applied towards a variety of uses such as membership or VIP cards, gift cards, points or coupon cards, promotions, prepaid debit cards, access cards, and more. The possibilities are endless. It is the perfect solution for retailers to both reward and establish loyalty with their customers, while at the same time collecting valuable data that will allow them to improve their service or product offerings. GoSmartCard is a practical application for any type of industry from Hotel and Entertainment to Financial Institutions and Insurance providers.
SMKG is looking to revolutionize the prepaid market with their proprietary solution offering, the GoSmartCard platform.
The company plans on building a powerful sales organization and merchant reseller-marketing program utilizing their GoSmartCard platform.
VelocityMoney™ PIN based debit card is a stored value re-loadable ATM card that can be used by consumers in the same way that traditional ATM or credit cards are used. It allows users to make retail purchases, receive direct payroll deposits from their employer, withdraw cash at over 800,000 ATMs, or send money to family or friends. The benefit of VelocityMoney™ is that there is no bank account or credit card required, the user just loads cash onto the card (at any one of SMKG 20,500 loading stations worldwide).
VelocityMerchant™ is an Internet based remittance processing platform that allows participating retailers to calculate and track all of their financial transactions. The VelocityMerchant™ system allows the company receiving payments to aggregate, track and deposit, and get reports on all activity.
Prepaid Wireless
"The sale of prepaid wireless and long distance services is a $1.9 Billion dollar industry in the US alone. The opportunity for cross-selling prepaid phone products and paying bills for cash-only customers is ideal."
SMKG bundles these products into a one-stop shopping format for any retailer. All services are based on electronically driven PIN numbers, so that the retailer does not have to pay for the product until after the initial sale is made.
Technical Outlook:
SMKG is currently trading at (.009) cents and had a nice weekly breakout above its 200-day moving average. TSW feels this is the kind of stock that can suddenly explode to the upside, similar to (OTC) MXMI Max Media Group, Inc this past week. Traders and Investors will be keyed in on the psychological .01-cent level for the upcoming week.
TSW will be watching for any kind of a catalyst in the form of news or unusual volume for a breakout above the .01 area. Sub-Penny stocks have been RED HOT lately. SMKG has a very low market so be sure to keep this one on your radar, especially with the way sub-penny stocks have been moving.
All of Smart Card's products and services were developed and designed for international markets. The Stock Wizards is very surprised to see a company with this much potential and such a strong management team trading at these levels.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
TSW has been compensated one thousand dollars (1,000.00) from a third party for a one week SMKG profile.
TheStockWizards.net is not a registered investment advisers or broker/dealer. TheStockWizards.net makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
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