3Pea seeks to take steps to join the OTC
Henderson, Nev., July 28, 2010 -- 3Pea International Inc. (Pink Sheets: TPNL), a payment solutions company, today announced that it has met all Pink Sheet legal and accounting requirements necessary to move up from No Information to Current Information status. The Current Information category is based on meeting more stringent levels of disclosure and transparency required by Pink Sheets. Interested parties may view the Initial Company Information and Disclosure Statement along with current financial documents necessary to achieve Current Information Status with Pink OTC Markets, Inc. at www.otcmarkets.com .
3Pea is confident that shareholders and potential investors will have the maximum assurance in the Company given the current level of transparency and financial information available. "We are pleased with the status change and remain committed toward becoming a fully reporting Company," stated Mark Newcomer, CEO of 3Pea. The Company anticipates filing a Form 10 within 90 days with the Securities and Exchange Commission (SEC) to become a fully reporting company then apply for listing on the OTC Bulletin Board Electronic Quotation System.
About 3Pea International
3Pea is an experienced and trusted payment solutions company providing innovative comprehensive reimbursement solutions to the Healthcare industry. By combining the technology infrastructure and expertise of a debit card financial transaction processor with the claims adjudication capabilities of a Pharmacy Benefits Manager, 3Pea provides streamlined, seamless and intuitive payment solutions to the healthcare industry. The company offers prepaid card programs with unparalleled competitive advantages in customization and implementation. For more information about 3Pea please visit www.3pea.com .
Source: Company press release.