healthcare effort and selling financial services piece ??
OPCO analyst tried to help some hedge funds get out of short positons and got hammered today?!
In July 2011 we filed our first registration statement on Form S-1. From July 2011 through August 2012 we continued to update and amend the Form S-1. During the quarter ended September 30, 2012, we determined that it is likely that our IPO will be postponed for a period in excess of 90 days and as a result deemed it to be an aborted offering in accordance with the guidance set forth in ASC 340-10-S99-1. For the three months ended September 30, 2012, we expensed previously deferred IPO costs of $2.3 million associated with our registration statement on Form S-1 as well as any IPO costs incurred in the third quarter to selling, general and administrative expenses. The total amount of the third quarter expense was $2.6 million.
Visa (V) recently announced the opening of the Myanmar market to ATM and POS acceptance through their licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar Overseas Bank. This represents significant progress for Myanmar's electronic payments infrastructure as it provides the country with a platform to participate in the global financial system. By joining the Visa network, the banks agree to adopt Visa's global security standards for electronic payment. Phillip Kumnick, Visa's Head of Global Acquirer Processing, said "For the core technology and operating systems we are working with Planet Payment." As a result of the recent success in Myanmar, Visa and Planet Payment (PLPM) are working on opportunities to target the deployment of the managed service to additional developing markets in support of traditional ATM and POS acceptance as well as developing support for mobile point of sale
momentum of refinery capacity and permit for expansion
up 20% unless Micosoft royalties kick in
to expand into supply chain category in a major way?
Will broaden ownership in U.S. and for overseas investors. Will squeeze shorts further. Will encourage greater retail brokerage coverage. Yippee!!