Paid Inc (PK) (PAYD) Share Price

Improved results released today by PAYD. Thanks.

https://www.sec.gov/Archives/edgar/data/1017655/000165495419012999/payd10q_sep302019.htm

I know this board is dead but this company has quietly transformed itself into a virtual Shipping and ecommerce company. Go to their site Ship time to see how it has evolved. As we get closer to year end there should be some new announcement more liquidity and higher value

A Rotman company?

10-Q summarizing YTD results through 6/30/18. Revenues continue much higher. Thanks.

https://www.sec.gov/Archives/edgar/data/1017655/000165495418008967/payd10q_june302018.htm

The 10-k just filed recaps 2017 and shows significant revenue improvement. Thanks.



https://www.sec.gov/Archives/edgar/data/1017655/000165495418003409/payd10k_dec312017.htm

The 10-Q's say annually. Hopefully by end of Spring. I agree that I think the worst is behind us.

Rocky, what is your interpretation of when we should receive our Preferred
Class A Stock.

I do not believe the symbol will change. By about 3/31 they must announce the 2017annual financials and they already announced roughly $2m/Q last year. I think the worst is behind us. When they announce roughly $10m for 2017, I think it moves higher, finally. Thanks.

Rocky when will tne symbol change? Is that when we should start seeing the stock price increase?
Thanks

Happy New Year everyone. Per their company financial filings, the company is bringing in significantly higher quarterly revenues. Tax loss season is over.

I expect better things ahead. I’m giving it a couple of years but I think we will see a very nice recovery here. Thanks.

Nice Read Rocky..... Also the last 10-K
And 10-Q's have stated they will give out SERIES A PREFERRED STOCK to shareholders annually. That's coming up in six weeks.

Thanks again Rocky

Revenues almost $2M/quarter:

https://www.sec.gov/cgi-bin/browse-edgar?CIK=payd&owner=exclude&action=getcompany&Find=Search

https://www.sec.gov/Archives/edgar/data/1017655/000165495417010641/0001654954-17-010641-index.htm

Juda, when the stock symbol changes is up to FINRA/SEC. I do not know when, it would just be a guess.

Revenues went up from 100K to over 1.6 M compared to last year and they had a small loss considering it's a new joint venture for the two companies. Now that the patents were canceled, the company is much stronger, with growing revenues and it should be profitable quite soon I would think. Thanks.

RockyW, do you have any idea when they will start trading under the new company name?

Thanks

Financials came out today after the bell.

http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=12064694&companyid=3086&ppu=%252fdefault.aspx%253fcik%253d1017655

Hi Juda. I do not know, it would only be a guess but it's whenever the SEC/FINRA issues it. Q1 financials are due this Monday and it will be the first time as a merged company. I think the stock price will recover over time. Thanks.

Rocky do you have any idea when will the new company stock symbol be listed and PAYD be retired?


Thanks

Rocky do you have any idea when will the new company stock symbol be listed and PAYD be retired?


Thanks

Hi Juda, same to you. It's always nice to see it trade higher. I continue to expect the stock will recover over time. I posted what they filed last week and they have financials due for Q1 on May 15.

There are not many shares at all. I think the merger will show growing revenues and profits and that's something we have never seen with them so I think that's good. I expect we trade higher over time and would love to see it. Like I said, I think we see it recover. Thanks.

RockyW, is this the start of something BIG?

Have a blessed Easter!

http://www.capitalcube.com/blog/index.php/paid-inc-payd-us-earnings-analysis-q4-2016-by-the-numbers-april-10-2017/?yptr=yahoo

Juda, I think things are improving and not all is lost. Looking to see the May 15 filings that reflect Q1 of 2017. I'm keeping the faith even though we have a long way to go. Like I said, I think it recovers. Thanks.

RockyW, how does it look from here?

https://www.sec.gov/Archives/edgar/data/1017655/000165495417002927/paid10k_dec312016.htm

Their last filing… Thanks.

They have a financial report due March 31 and Q1 due May 15 if I remember correctly. Thanks.

I think once we see financials come out from the merged company, the stock will turn around nicely for us. I think the merged company will have growing revenues, profits and not very many shares. Thanks.

Hi Juda. Last $3.39. Divide that price by a total of 500 and it will show you the effective price compared to years ago. Divide it by 10 and it will show you the price before the last reverse split.

They have until March 30 to file the 2016 financials.Those financials will only represent one day as a merged company though, the last Friday of the year as I recall.

Q1 reports are due May 15, which will be certainly more representative. I think the stock will recover over time. Thanks.

I own em too

THANKS ERNIE FOR YOUR ONE HELL OF A NEWS FLASH, KEEP THOSE CARDS AND LETTERS, THANKS AGAIN GRIM REAPER MAY YOUR DAY BE SHORTED, REALLY SHORTED.

Shares being sold with no regard for price - OUCH 47% haircut today alone.

Back under a buck heading toward a quarter soon?

Whats with the stock price?

Juda, the merger took effect the last day of Dec., 2016 so it was only merged for 1 day in 2016. I believe the 12/31 year ending report is due 3/15 but will only reflect the merged company for that one day. The 3/31 ending report is due 5/15, which will reflect the full Q1.

I expect them to be profitable with growing revenues, which is why they merged. It will take some time for quarters to be reported but I think the PPS will recover given they should be reporting profits and there are only about 1.6m shares. Thanks.

Rocky, when will the new company come out with last years P & L?

Thanks

Juda, I see the D was dropped this morning. They announced they merged with a company called ShipTime in Canada. I do not know the new merged company name or the symbol though. I'm sure it will be forthcoming.

Right now it's about five dollars, divided by 500 to make up for the two prior splits and it's basically at the old is .01/share. I think the merged company is better off financially than before and I think we will see it recover a good bit from here, even with canceled patents, in my opinion. Thanks.

Rocky, what is the name of the new company?

Hey Juda. The merger was effective the last day of 2016. Yes, there is sure to be a name change. Also, the D should be removed any day now; I think it's been just about 20 days. Thanks.

Rocky, will the name change? Do you have any idea when the fiscal year end is?

Thanks

The D is dropped this week, I think Thursday if I my math is correct. It is the equivalent of $.47, which is the equivalent of just under one penny from the original price a few years ago before the splits. Just divide whatever the price is by 500 if you've owned it for years or divide the price by 10 by 10 if you bought it after the last split. I expect it to be at least $10 in very short order, which is the old two cents if you have owned it for years or one dollar if you bought it after the first word. It's a start. With only 1.6 million shares available, I believe the merged company is profitable with growing revenues so certainly not all is lost, IMHO. Thanks.

Yes. It will trade as PAYDD for 20 days. The extra "D" indicates a reverse split. It starts today at $5.40 or 10x yesterday's close of .54. We have 1/10th the shares and 10x the PPS so the value is unchanged.

BID $2.30 x ASK $25. Huge spread. Thanks.

PAYD: effective Jan. 24,2017 one for 3,000 reverse split followed by a 300 for one forward split. All fractional shares resulting from the reverse split shall automatically be converted into the right to receive the Trading Value thereof upon surrender by the holder of the certificate or certificates representing fractional shares.

http://otce.finra.org/DLSymbolNameChanges

I'll be surprised if we do not see the 10:1 stock split approved by the SEC in January. As for the new symbol change, I'm guessing it takes several weeks after the split but I'm just guessing. I think it moves higher from here, should already be profitable, growing revenues, etc. Better off than we were certainly. Thanks.

RockyW., when will we se the new company stock symbol?

Thanks Rocky

Ringer

Ringer, and if you own 2k shares, you will end up with 200 shares. Conversely, when the 10 for one split will come into play, the value of your account will not change.

Here's a quick example. Someone owns 50K shares of PAYD right now at
.70. If the upcoming split were to have happened today, that someone would on 5K shares at $7k/share. The account value did not change.


There will not be many shares after the split, in the 1.6 M range. The new merged company will have revenues and profits so that's a big change for the better. After the patents were canceled, I was really shocked. However, not all is lost. I think we will see it recover to some extent, so not all is lost. Thanks.

Rocky please help. If I own 2000 shares now..... And the first reverse split is 1:3000.....
Then I am left with only a portion of 1 share. Does that mean I am out. OR do I get to
Get to participate in the 300:1 Forward split so I still have whole shares again.....
Approximately 200 shares.????

I hope you can clarify because the 8-k doesn't specify.

Thanks in Advance,
Ringer

Remijr, I thought we really had something with the patents but they were reviewed and cancelled. Better things ahead with the new company, IMHO. The chart looks like .90 is a gimmee. Every bit helps of course. Thanks.

Rocky

Thanks for clarifying where I stand with my shares of Paid Inc.

Considering all the uncertainty of the past with Paid Inc, it would be nice to see the new company move forward and prosper.

I believe and hope they will.

Good luck in all your future endeavors.

Thanks

Bob

http://paid-corp.com/paid-inc-emergeit-inc-announce-definitive-merger-agreement-creating-shiptime-new-global-ecommerce-shipping-platform/



http://finance.yahoo.com/news/paid-inc-emergeit-inc-announce-140000437.html

Remjr, the SEC decides when the split is effective. That following day, your shares will be changed from 20k shares, just for argument's sake, say at $1/share to 2k shares at $10/share; the $$$ value of your account does not change due to the split. The stock symbol will change too but both the split and the stock symbol change will automatically occur in your account without you having to do anything. If the split were to happen today, it would be $6.50/share (.65 x 10) and you would have 2k (20k shares divided by 10) shares. CLEARLY we are better off with what is happening. Thanks.

Rocky I own shares of PAYD through TD Ameritrade. Quite honestly, I don't understand what Paid Inc. becomes after the merger with the Canadian Company or companies. At one time I owned close to a million shares prior to the 50:1 reverse that occurred shortly after the bad news about the patterns. So I now own about 20000 shares. I am hoping you can help me understand, in Layman's terms or as close as you can, what I will see happen to my TD Ameritrade account as far as Paid Inc (PAYD)is concerned.

Will I still see the stock symbol or will it change? Is it my responsibility to make TD Ameritrade aware of what is happening with Paid Inc?

Thanks
Bob

Thanks Rocky. Appreciate the response.