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BPS initiates coverage on Telupay International Inc (OTCMKTS:TLPY)

BPS initiates coverage on Telupay International Inc (OTCMKTS:TLPY)
Written by
Aaron Smith
Published on
October 27, 2014
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BrilliantPennyStocks.com has alerted today on TLPY as an early bird special. The stock has moved up by 16.67% since the coverage was initiated.Telupay International Inc (OTCMKTS:TLPY) is up sharply after company announced that its Dubai based subsidiary TelUPay (M.E) FZE completed pilot program which will serve Micronesia region specifically.The pilot was carried out for three months by Telupay International Inc (OTCMKTS:TLPY) at seven supermarket locations through Docomo pacific which is the largest MNO in Guam. Celluserv uses TelUPay pin distribution system which is directly connected to Mobile network operators (MNOs) to distribute airtime electronically.TelUPay accounts for 35% of the prepaid mobile airtime transactions. "We are very pleased to see such a positive response as Guam residents gain confidence with TelUPay's prepaid mobile airtime service," states Mr. Adrian Ansell, CEO of TelUPay. "Celluserv and TelUPay plan a full rollout of the service to Guam retailers once the NCUA approves the service; such decision expected in November 2014.""The customized product developed by TelUPay will substantially reduce costs for retailers and MNO's while providing a great convenience to consumers," states Mr. Ron Schnabel, President of Celluserv.About BrilliantPennyStocksBSP provides sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. BPS provides alerts to investors and traders on stocks that could potentially breakout. To obtain text message stock alerts service, text the word Avauncer to 95577 from your cell phone. Additionally, BPS provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.Disclosure: BrilliantPennyStocks is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://brilliantpennystocks.com/disclaimer/ for complete risks and disclosures.

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