Sino Payments (OTCQB: SNPY)

Matthew Mecke, CEO of Sino Payments called into to explain how Sino Payments, Inc. (OTCQB: SNPY) is a US public company with offices in Hong Kong.  Sino Payments focuses on providing IP credit and debit card processing services to large retail chains, including supermarket chains and large regional multinational retailers, in China and throughout Asia.  Sino Payments has agreed with TAP to merger TAP operations and financials into Sino Payments with an expected merger close and full consolidation as of March 1, 2012.