Pay 88 Inc. (PAYI.OB) Reports Increased Revenues of Nearly 300%
Pay 88 Incorporated, a provider of prepaid digital cards focusing on online multiplayer games, today announced financial results for the fourth quarter ending December 31, 2007. Revenues for the fourth quarter of fiscal ‘07 were approximately $4.25 million, up 297% from the previous quarter. The increase was driven by broad-based growth across the company's range of products and services, and their carefully executed expansion into new targeted markets. Pay 88 still has plenty of room for growth. China, with more than 137 million active Internet users, has the second largest online user base in the world, second only to the…