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Post# of 114953
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makin_dough99

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makin_dough99

Re: sarfisoy post# 1327

Monday, 10/16/2006 10:44:00 AM

Monday, October 16, 2006 10:44:00 AM

Post# of 114953
NEWS !!

PayPro, Inc. ''Reduces Issued and Outstanding Shares by 2 Billion.''
Oct 16, 2006 10:42:00 AM
Copyright Business Wire 2006
DALLAS--(BUSINESS WIRE)--

Mike Terrell, CEO of PayPro, Inc. (Pink Sheets:PYPR) states: "I have immediately reduced the company's issued and outstanding by 2 billion shares. I have done this to preserve and increase our shareholder value as well as to help defeat the shorting of our stock."

Taking into account the restricted and closely held free trading shares, the current tradable float in our best estimation is approximately 500 - 700 million shares according to the recent NOBO and DTC listings. The current naked shorting of our company's stock will hopefully be addressed and corrected by the SEC, NASD, and DTCC. Numerous companies have increasingly had their shareholder value deflated by naked shorting of their securities.

Please review this presentation of naked shorting ("The Corruption of our Capital Markets") for a better understanding of the eroding of shareholder values across the world, http://www.businessjive.com/nss/darkside.html.

In addition to the reduction in outstanding shares and the Board of Director's ongoing discussions regarding a share buyback plan. The company has been diligently pursuing its business plan and to that end has a number of major announcements forthcoming. The significant progress the company has made over the past few months will both please the shareholders and add to the company's growing revenues.

About PayPro Incorporated:

PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:

Visa prepaid cards; e-commerce merchant
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