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Our
new pick is Freestar Technologies, Inc.
(OTCBB:
FSTI)
Current Price: $0.36
30
Day Target Price: $1.00
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A
Revolutionary Concept
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Do you feel safe when making online purchases? Probably
not.
According to Forrester Research, two-thirds
of Americans worry about the misuse of personal
information submitted online.
In
fact, Forrester estimates that these fears caused Americans to
spend an astounding $12 billion less online than
they might have otherwise!
A
recent
article featured on CNET.com stated that:
"Online retailers are losing nearly half of their
potential sales because many consumers are simply afraid to shop
on the Internet. Half!"
This article goes on to state that:
"The good news for merchants is that the tools they
need are available today. Now it's time to deploy them and market
them."
Tonight
we present to you a company doing just this. FSTI's
Enhanced
Transactional Secure Software (ETSS) a cutting-edge software
package that, when bundled with FSTI's PaySafeNowÿFFFFA9 system,
allows internet users to make online purchases without having to
worry.
You will be the one to directly swipe your card
through a home-based device connected to your computer. Throughout
each transaction, you will have complete comfort in the knowledge
that your account data is neither seen nor stored by the merchant. Quicker
and safer.
Businesses will no longer need to worry about eating the cost
of fraudulent payments - since ETSS
immediately links the customer's payment information to his/her
bank, the merchant will know about any and all fraudulent
transactions right away.
This
revolutionary concept has caught the eye of the technology
world. Read more about numerous exciting developments
below.
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Key
Investment Highlights
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FSTI
makes significant leaps forward: every
one of
these developments has been annouced within just the
past 30 days.
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FSTI
has teamed up with SSP Solutions (Nasdaq:
SSPX),
to create the first fully secure Internet ATM transaction solution
available. SSP Solutions is currently demonstrating this
product at COMDEX in Las Vegas, one of the world's largest
technology shows." SSPX will also market and sell Freestar's
ETSS software first in the United States and then in other parts
of the world.
- On
October 23rd, FSTI announced that a cash
deposit of US$900,000 has been transferred to the
company. This will be used to pay part of the costs to produce
66,000 card readers, a key step in the implementation
of the Company's PaySafeNowÿFFFFA9
System. The card reader hardware units will be distributed and
resold to Freestar's clients pursuant to existing
contracts in place.
- This
$900,000 payment will also allow FSTI
to expedite the first phase of its contract with Banco
Nacional de Credito to distribute 30,000
PaySafeNow units into the marketplace.
- FSTIÿFFFF92s PaySafeNowÿFFFFA9
with ETSS is endorsed and certified by Banco Nacional
de Credito, a division of the National Financial Group (GFN),
a principal financial institution in the
Caribbean and Latin American region.
- On
October 30th, FSTI announced the signing of a revenue-sharing
contract with Credulus Systems International to market
credit analysis systems and services to the financial
services industry in Latin America.
- On
November 12th, FSTI was approved for listing on
the Frankfurt Stock Exchange. The stock is now
trading in Europe under the ticker symbol FRX.FSE.
All European investors now have access to Freestar
Technologies, as stock may be purchased in Euros on the
Frankfurt Exchange. The
German-speaking market represents over 100,000,000
people, many of whom are active in the world financial
markets. With the increasing number of international
requests for its system, this represents a tremendous
opportunity for FSTI to expand its global reach.
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Stay
Tuned for More
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These
major developments were all announced within
the
past 30 days. The company is clearly
expanding its presence at
a rapid pace. Stay
tuned for more positive developments
over the days and weeks to come.
ÿFFFF93Due to the explosive growth of e-commerce, it is only
logical
that fraudulent
activity on the Internet will experience similar
growth and todayÿFFFF92s sophisticated consumer has a right to
be
concerned about issues such as security, fraud and
privacy
while online.ÿFFFF94
-US
Internet Fraud Authority
The
numbers don't lie. People are worried about making purchases
online. Businesses worry about consumer fraud. FSTI's PaySafeNowÿFFFFA9
with ETSS offers the world a new, safer and more efficient way to
conduct transactions online. FSTI's
most recent announcements have
been nothing short of impressive.
With:
-
Incoming cash flow
-
A backlog of
purchase agreements
-
Numerous marketing
and distribution arrangements
-
An international
stock exchange listing
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And other
impressive relationships...
FSTI
is certainly worth a closer look at its current price of
just 36 cents per share.
For more information, visit www.ePayLatina.com
DISCLAIMER: This
press release may not contain the full text of the press release or
report issued by or about the named companies; moreover, although the
summary herein is derived from, and subject to all disclaimers
contained in, the press release as provided to us by third party
sources believed to be reliable, we make no representation or give any
assurance as to the accuracy or completeness of either the summary
contained herein or the material upon which such summary is based;
accordingly, all information contained herein about such companies
should be independently verified by you. We are not an investment
advisor and do not purport to suggest which companies our Subscribers
should monitor, purchase or sell. This release is not intended to
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Opportunities is a financial
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offer its subscribers a great investment reward. It has the policy to
acquire existing small newsletters, is not affiliated with any broker
or dealer and is not a registered investment adviser. In
compliance with the Securities Act of 1933, Section17(b), Special
Situations Investment Opportunities discloses the receipt of thirty
thousand unrestricted shares of FSTI from a third party for the publication of this report.
Beware of an inherent conflict of interest due to our intent to
profit from the liquidation of these shares. The information
contained in this publication is for informational purposes only and
is neither an offer to sell nor a solicitation of any offer to buy
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speculative and may result in the loss of some or all of any
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Situations Investment Opportunities may hold positions in FSTI before,
after, or during the dissemination of this profile and reserves the
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Investment Opportunities
is not in any way
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facts presented in this publication. Factual statements contained in
this publication are made as of the date stated and are subject to
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to place undue reliance on forward-looking statements, which are based
on certain assumptions and expectations, that may or may not actually
occur, and involve various risks and uncertainties, that could cause
results to differ materially from those set forth in the
forward-looking statements.
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