San Antonio 9/17/2010 8:34:58 AM
News / Business

(PINKSHEETS:SMKG) Corporate Update To Shareholders

shareholder update

(PINKSHEETS: SMKG) CEO Massimo Barone stated, "We have listened to your comments and suggestions and believe we will be able to provide an adequate and thorough management discussion on an ongoing basis. Going forward management will initiate a monthly conference call which will address the company’s progress on existing, in progress and future Prepaid Debit Card programs to better comprehend and evaluate the growth and outlook of the company with the following subject matters in the discussion;

Management discussion; At the current time the company has $493,000.00 in invoiced card programs approved which represent 12% of the total orders for fulfillment and an additional 300,000 cards pending approval. In addition the total captive customer base between 3 major customers recently signed represents a potential 2.9 million existing consumers to actively market to in the USA, Thailand and the Caribbean .  We have a solid foundation moving forward to build from with more exciting deals pending.

1. Quarterly Revenue and Transaction Results. ( to be made available on the corporate website on or before October 1st 2010)  -  www.gosmartcard.com

2. Company Outlook – (on or before September 20th, 2010)

3. Corporate Share Structure -  As of Sept 13th 2010  there are currently 198mm shares outstanding of 200mm authorized. The current number of free trading shares is 131mm with 67 mm restricted held by management. There are no plans for change in the corporate share structure including both authorized and free trading shares and no reverse split.

4. Company Employee Status and Outsourcing. (employee’s 6 and sourcing 5 agents 22).

5. Current Audio Interview on Smallcapvoice.com with host Stuart Smith.

To keep current you can also find us on:

Facebook: http://www.facebook.com/home.php?#!/group.php?gid=46352615464

Twitter: http://twitter.com/wildplay

Linkedin: Industry discussions we manage on www.linkedin.com

by group name :  Pin Debit and Prepaid MasterCard®    or link http://www.linkedin.com/groups?mostPopular=&gid=125862

by group name: Bill Pay and Email Pay Services       or link http://www.linkedin.com/groups?mostPopular=&gid=2210333

We seek safe harbour

maxbarone@gosmartcard.com 1-866-774-2555

CEO Massimo Barone SMKG:PINKSHEETS

www.gosmartcard.com