Last $2.00 USD
Change Today 0.00 / 0.00%
Volume 698.0
As of 8:10 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

spendsmart payments co/the (SSPC) Snapshot

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52 Week High
04/25/13 - $6.00
52 Week Low
03/12/14 - $0.71
Market Cap
Average Volume 10 Days
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spendsmart payments co/the (SSPC) Details

The SpendSmart Payments Company, Inc. issues prepaid cards to young people and their parents in the United States and internationally. The company is involved in developing a number of payment solution options to serve the various needs of demographic groups and business verticals. It provides prepaid card products primarily to parents, which enable them to link and communicate with younger cardholders. The SpendSmart Payments Company markets its products online, in traditional retail settings, and with strategic partners to the public as a convenient and safe youth payment system. The company was formerly known as BillMyParents, Inc. and changed its name to The SpendSmart Payments Company, Inc. in February 2013. The SpendSmart Payments Company, Inc. was founded in 2007 and is headquartered in Des Moines, Iowa.

spendsmart payments co/the (SSPC) Top Compensated Officers

President and Director
Total Annual Compensation: --
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

spendsmart payments co/the (SSPC) Key Developments

SpendSmart Announces Executive Changes

SpendSmart appointed Alex Minicucci as CEO. Mr. Minicucci is a proven entrepreneur with an 18-year background in web, ecommerce, and mobile marketing. In November 2008, Mr. Minicucci founded SMS Masterminds. From 2006 to 2008, he served as Chief Operating Officer of TechXpress, Inc. Mr. Michael R. McCoy, the outgoing Chief Executive Officer, will continue to serve as a director of the company.

The SpendSmart Payments Company, Inc. Announces to Amend Articles of Incorporation

On February 11, 2014, The SpendSmart Payments Company, Inc. filed a Certificate to Set Forth Designations, Voting Powers, Preferences, Limitations, Restrictions, and Relative Rights of its Series C Convertible Preferred Stock with the Secretary of State of the State of Colorado to amend articles of incorporation. The Certificate of Designations sets forth the rights, preferences and privileges of the Series C Preferred Stock. As provided in articles of incorporation, the filing of the Certificate of Designations was approved by Board of Directors.

The SpendSmart Payments Company, Inc. Announces Resignation of Rob DeSantis as Director

On January 29, 2014, Mr. Rob DeSantis resigned from his position as a director of The SpendSmart Payments Company. Mr. DeSantis resigned from his post as director for personal reasons. Mr. DeSantis’ departure from the Board was not the result of any disagreements with the company.


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Valuation SSPC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 20.8x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 30.6x

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