Applabs invests a combination of cash and securities to acquire...

Applabs invests a combination of cash and securities to acquire a 4.48% stake in PAY2DAY Solutions Inc. (PAY2DAY) www.pay2daysolutions.com provides Electronic Notification, Bill Presentment and Payments via a proprietary SMS Text message system.

 PAY2DAY’s advisory board includes Senior Executives from industry leaders such as Apple, PayPal and Bank of America
 PAY2DAY is an easy, subscription-based tool that allows customers to pay bills using SMS technology. The system is capable of reducing average invoice processing costs by as much as 500%.
 PAY2DAY is partnering with Telescope Inc., a cross-channel SaaS platform that manages over 1.5 billion consumer mobile and digital interactions every year for clients including American Idol, NBC Universal, CBS, Scripps, Cricket Wireless and Sprint.
 The market potential for text-based billing is enormous - over 21 billion consumer bills are processed every year in the USA alone.