Penny Stock News: Visualant Subsidiary TransTech Systems Announces Access Card Programmer Incorporated In ID …

Listed in Penny Stocks, Stock Picks, StockGuru.com, Day Trading, Best Stocks

SEATTLE–(BUSINESS WIRE)–Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, an emerging leader
in security and authentication systems technology and distributor of a
wide variety of security solutions through its wholly-owned subsidiary,
TransTech Systems, Inc., is pleased to announce that TransTech Systems
has successfully incorporated an industry standard access card
programmer into an identification card printer for production of
personalized access control credentials.

Traditionally, access cards are pre-programmed by providers and shipped
to the users for future use. At the time of card issuance, there is a
two step process whereby the card is read by an access reader to get the
pre-programmed number associated with the card and then the card is
printed with the card holder’s information. With TransTech’s integration
of Farpointe Data’s Cards on the Go™ COG1000 directly into the printer,
the process can be accomplished in one step. Further, the requirements
for ordering pre-programmed stock and the related worries about the
security of this stock before issuance are eliminated.

Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.

The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.

 

Article source: http://www.datacollectiononline.com/article.mvc/Visualant-Subsidiary-TransTech-Systems-0001?atc~c=771+s=773+r=001+l=a