Telupay International Inc (OTCMKTS:TLPY), a new Stocktips pick company has been has been a big disappointment as it has failed to offer any gains for investors. It failed to capitalize on the gains that it made after Statler announced TLPY as his biggest pick ever.
Telupay has not tuned out to be Statler’s way falling prey to heavy shorting that company has been unable to counter. The share price tried to make a comeback in past few days and succeeded to close on green only on Friday. TLPY shares surged more than 12% to close at $0.173. The company is the latest promotion target from Godzilla Stocktips of TGRO fame. It is the same firm that successfully promoted ALKAME HOLDINGS INC (OTCMKTS:ALKM), WELL POWER INC (OTCMKTS:WPWR), and Ecrypt Technologies Inc (OTCBB:ECRY).
As per the disclaimer, AC expects to get $4,650,000 USD as a marketing budget for the distribution and production of Telupay marketing material from an unaffiliated third party, Laluna Services, Inc. IT developed the next-gen of safe and secure mobile banking payments technology designed for financial institutions, operators, banks, credit card companies and micro-finance. The company provides customized offerings and continuously works on new applications that result in new revenue options for its clients.
TelUPay’s MBPS that is provided to banks uses the secure encryption technology. The security is available for both the bank and its customers. It covers various offerings like fund transfers, P2P remittances, bill payments, merchant payments, balance inquires and mobile airtime purchases designed to offers convenience to the end users at the lowest possible cost. Statler stated that TLPY has not even started to flex its muscles. He added that the company share provide take investors on an EPIC ride next week. The smart people will position themselves to benefit from the ride.