| TOP PICK | 0.980 | Hugh Cleland, CFA | Software developer. Prepaid distribution networks in Canada and have just expanded into the US. Revenue generation should start in the US now. Should generate $.08 in earnings over the next 12 months followed by possibly $.15. | 2008-04-02 | |
| STRONG BUY | 0.900 | Alex Ruus | E-commerce and prepaid cards. Very exciting small-cap company. Very undervalued. Operates globally. | 2008-02-04 | |
| TOP PICK | 0.820 | Hugh Cleland, CFA | Have software and systems that enable prepaid goods and services to be sold over networks. Perfect small cap for this environment because it is so cheap and growing so rapidly. Should do $120 million to $150 million revenue this year on a $38 billion market cap. Expanding into the US. | 2008-01-23 | |
| HOLD | 0.920 | Ryan Irvine | Sell preloaded cards for cell phones, etc. just signed a significant agreement with Payment Alliance in the US. Distribute their software services in China. Revenues over the first 9 months 2007 were up about 50% to $60 million. 7 consecutive quarters of profitability. Likes where it has positioned itself for 1 to 2 years out. | 2008-01-16 | |
| BUY | 0.820 | Hugh Cleland, CFA | Expects to see some movement in the stock in the next week or two because of a road show they did in the US. Also expanding into the international space. Could do $0.09 to $.15 in earnings over the next 12 months. | 2007-09-28 | |
| BUY | 1.040 | Hugh Cleland, CFA | Under followed and under owned. Has some extraordinary opportunities. They have competitors in the US that would like to use their network. Their network can activate prepaid cards and services in almost any way possible. His time horizon is 3-5 years. | 2007-05-24 | |
| BUY | 0.940 | Alex Ruus | Software for prepaid cards backbone for electronic commerce. Has quite a ways to run. | 2007-05-07 | |
Experts that have talked about VendTek Systems Inc.