{"id":3431,"date":"2013-12-13T16:12:54","date_gmt":"2013-12-13T16:12:54","guid":{"rendered":"\/?p=3431"},"modified":"2013-12-13T16:13:03","modified_gmt":"2013-12-13T16:13:03","slug":"paid-inc-otcmktspayd-recovers-on-positive-financials-conference-presentations","status":"publish","type":"post","link":"\/articles\/paid-inc-otcmktspayd-recovers-on-positive-financials-conference-presentations\/","title":{"rendered":"Paid, Inc. (OTCMKTS:PAYD) Recovers on Positive Financials, Conference Presentations"},"content":{"rendered":"

Paid, Inc. (OTCMKTS:PAYD<\/a>) was one of those stocks that slumped in the weak summer months, only to recover in the fall, and find itself at a fresh peak. The ticker opened up on Friday, and on Thursday added more than 13% to stand at $0.179. Trading volumes were above $359,000, picking up in the past few days. We still don’t have a record of a paid promotion for those shares, but the pickup follows the financial result announcement, and a new 8-K statement. \"PAYD1213.png\" <\/p>\n

The 8-K is more curious, holding an announcement that PAYD<\/a> would be presenting to an investors’ conference, LD Micro Conference in San Francisco. Those events usually pay out with increased interest and buying, as the company makes its case in detail to a new crop of eager investors. \"VEND1213.png\"<\/p>\n

The quarterly report also holds positives, such as a small increase in revenues to $1.11 million from $1.06 million in June 2013. The company is also profitable for the first time in a while, with $127 million net gain, following $81,000 net loss for the preceding quarter. So while investors abandoned it for a while, PAYD<\/a> was expanding and improving a bit.<\/p>\n

PAYD<\/a> is one of those companies that can stage a positive recovery, due to the nature of its business, payment processing. In the past days, online financial systems are an often-seen business model among penny stocks, and one that promises a better cash flow and continuing operations. Thus, the company holds:<\/p>\n