BMPI explodes on the OTCBB!
Zero Risk: The card is not a credit card so there is never a chance of overspending or incurring debt. Parents remain in control: See something suspicious? Instantly lock your teen’s card until you can talk about it. Optional real-time transaction alerts: You are kept up-to-date with all of your teen’s transactions via email and/or text messages. Freedom: Your teen can shop anywhere you allow where Debit MasterCard is accepted. With the BillMyParents Spend Smart Card service, parents can maintain the control they need while giving their teen the spending ability they need.
Original article on BillMyParents, Inc. (OTC: BMPI) really just started trading 2 weeks ago as BMPI. Prior to that the Company was known as SocialWise, Inc (OTC SCLW) After coming out of the reverse split and name change the new stock BMPI started trading at $0.37 on July 15 and has since risen to highs over $0.70 on moderate volume.
As of yet there has been no press releases and little signs of promotion although I smell one coming. If I was going to speculate on the next (AwesomePennyStocks: APS) or (StockMarketAuthority: SMA) play I would look for stock such as BMPI just starting out and moving up steadily.
To get a hint of the promotion to come one only has to read the pr announcing the name and ticker change from SCLW to BMPI, it says:
“Headquartered in San Diego, CA, BillMyParents recently received $7MM in investment funds, enabling the company to boost the significant brand momentum coming off of their recent exposure on MTV's hit reality show "Rob Dyrdek's Fantasy Factory" and their first nationally-aired television commercial on ESPN. The Spend Smart card from BillMyParents is now available, providing a unique and powerful way for teens and their parents to learn how to spend smart. With instant feedback from real-time text alerts, instant load and lock and unlock features and more, high parental visibility of teen account activity allows for important teachable moments”
I will continue to update this article as the story unfolds!
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