SmartCard Marketing Systems Inc. Corporate Update and DWAC Compliant
16 Juli 2008 - 12:00PM
Marketwired
SAN ANTONIO, TEXAS "Management is pleased to announce that (PINK
SHEETS: SMKG) shares are now DWAC (Deposit/Withdrawal at Custodian)
compliant. This is allows for securities houses to effectively
electronically transfer shares digitally as solely by certificate
form. This is the automated system for deposits and withdrawals of
securities from the Depository Trust Company (DTC).
Furthermore we are committed to ongoing transparency and will
file the 1st quarter of 2008 by July 24th 2008 to meet our targets.
As (PINK SHEETS: SMKG) continues its growth in the Online Money
Remittance, Prepaid cards and Pin Debit market with the
Velocitymoney.com and Velocitymerchant.com offerings we continue to
strengthen our book of customers (merchants and consumers) toward
building our number of daily transactions increasing sales and
royalties to ultimately achieve positive earnings. Management will
also be scheduling a quarterly teleconference for investors and
shareholders for question periods.
We seek safe harbor.
Contacts: Smart Card Marketing Systems Inc. Max Barone CEO
1-866-774-2555 maxbarone@gosmartcard.com / www.gosmartcard.com
www.velocitymoney.com / www.velocitymerchant.com
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