Here we go again - RLYC already up 80% this week - Much more to happen
The profile for the month of May is RLYC - Relay Capital Corporation
RLYC - released amazing news on Wednesday after the close
Relay Capital Corp. to Launch "My Family" Stored-Value Cards for Families to
Send Money to Relatives, Especially Those in Former Homelands
Relay Capital Corp. to Launch "My Family" Stored-Value Cards for Families to
Send Money to Relatives, Especially Those in Former Homelands
Relay Capital Corp. to Launch "My Family" Stored-Value Cards for Families to
Send Money to Relatives, Especially Those in Former Homelands
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Symbol: RLYC
Price: $0.38
Expected possible price in next 5 days: 85 cents
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Breaking News Announced : Relay Capital Corp. to Launch "My Family" Stored-Value
Cards for Families to Send Money to Relatives, Especially Those in Former Homelands
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Symbol: RLYC
Price: $0.38
Expected possible price in next 5 days: 85 cents
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Relay Capital Corporation (RLYC) is a developer and marketer of a wide range of prepaid
financial services, including pre-paid stored value cards, reward cards, employee payroll
cards, gift, retail and affinity group cards, travel cards and fund transfer cards. It
encompasses both the marketing and distribution of pre-paid and pay-transfer cards in
concert with the development of loading centers. Loading centers are retail locations,
such as convenience stores, check cashing facilities or other types of retail facilities
serving to dispense or receive cash facilitating transactions for the stored-value card
consumer.
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Symbol: RLYC
Price: $0.38
Expected possible price in next 5 days: 85 cents
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Breaking News: LOS ANGELES, CA, May 25, 2005 (MARKET WIRE via COMTEX) -- May 25, 2005
(MARKET WIRE) - Relay Capital Corp. (RLYC) is launching "My Family(SM)" Dual-Pak
stored-value debit cards to serve the multi-billion dollar market for family members who
send money to relatives, especially to those in former homelands, or parents who want to
provide money to students living away from home quickly, conveniently and cost
effectively.
My Family(SM) cards, which Corporate Network negotiated on behalf of Relay Capital with
Ascot Investments, Inc., (
www.ascotinc.com) addresses the growing global demand for the
rapid, cost-efficient ability to securely send and receive money across town or around the
world. It eliminates the sometimes-insurmountable hassles of having to locate and
physically get to a facility to send or pick up wired funds. Cash is available within
minutes at the nearest affiliated ATM.
Relay Capital's My Family(SM) card's primary focus is US families sending money
to relatives abroad. A primary example is Hispanic immigrants that send money to relatives
in their homeland. A recent LOS ANGELES TIMES article entitled, "Funds Sent to Mexico
Hit Record" stated, "The central bank of Mexico projected that 2004 remittances
would hit $16.3 billion, up 22% over 2003."
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