PrepaYd, Inc. Announces Opening of Nevada Office as Marketing and Corporate Hub
NEWPORT BEACH, Calif., June 5, 2012 /PRNewswire/ — PrepaYd, Inc. (OTC PINK: PPDC) announced today it opened a corporate office in Henderson, Nevada on May 29th 2012. Henderson is located approximately 10 miles from Las Vegas International Airport. PrepaYd intends to also open by the end of 2012 a convention marketing division in Henderson or Las Vegas. as well as it intends on making Henderson or Las Vegas the headquarters for the marketing, demonstration and training facility for PrepaYd Wireless Carts, kiosks and Full Service Franchises.
Earlier this year, PrepaYd began marketing a unique convention approach in California by offering Everything PrepaYd, which includes PrepaYd Products for Wireless, Payroll, and Business Expense Cards. The concept of offering Everything PrepaYd at these conventions is to reach more consumers at these conventions with the variety of valued prepaid services that can be used by businesses or consumers. As Vegas is a strategic location for convention marketing with a current approximation of over 4,000 conventions per year.
PrepaYd Inc. which is a Nevada Corporation has been operating in California since October 2007. PrepaYd will now be able to operate out of Nevada which is a much more business friendly state than California. PrepaYd CEO Bruce Berman will be heading up the corporate office and marketing efforts and expects to have the operation fully staffed thefourth quarter 2012.
Bruce Berman CEO of PrepaYd, Inc. stated, “The Henderson office with its close proximity to Las Vegas is a real win-win for us. Potential purchasers of PrepaYd Wireless Franchises are more apt to fly into Las Vegas for a few days for a sales presentation from pretty much any state in the U.S. The high unemployment rate in Nevada, lower cost of living and no state income tax versus California cost of living and taxes will make it easier and less expensive to expand.
About PrepaYd, Inc.
PrepaYd, Inc. is a provider of financial services in the prepaid debit card industry. The company, through one of its wholly owned subsidiaries, offers prepaid debit cards to America’s estimated 60 million underbanked citizens. In addition to the underbanked consumer demographic, small and mid-size businesses have found a much-needed product with the company’s Prepaid Business Expense Card Program. With the diminishing credit card markets, companies need a new way to fund employees’ expenses other than through traditional credit cards or cash reimbursements. PrepaYd Wireless, Inc. another wholly owned subsidiary of PrepaYd, Inc is a Wireless Service Provider that offers mobile services to an estimated 110 million consumer demographic. Prepaid Wireless offers subscribers competitively-priced wireless service with its Y PAY MORE initiative and is an alternative to the traditional Postpaid Wireless Service Plans provided by major carriers. In addition, PrepaYd Wireless intends to make all of its available phones and wireless plans compatible for mobile financial services.
For more information about PrepaYd, Inc. visit www.PrepaYdInc.com
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management’s belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties and the company assumes no obligation to update any of the forward-looking statements in this release.
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SOURCE PrepaYd, Inc.