Thursday, March 25, 2010

StockProfiler.US: Penny Stocks in the News: Sino Payments, Inc. & Orofino Gold Corp.



HONG KONG, March 25, 2010 -- Sino Payments, Inc. (OTCBB: SNPY) today announced that it has submitted the first three ecommerce merchant account applications to acquiring bank partners Valitor and Payvision.

Sino Payments, Inc. closed at $0.0155 Wednesday, trading 546,980 shares.

Sino Payments Enters Operations and Revenue Phase of Development

About Sino Payments, Inc.

Sino Payments is a US public company with offices in Hong Kong. In addition to providing stand alone worldwide ecommerce processing capability, Sino Payments' proprietary IP transaction processing system (SinoPay GPP) is designed to convert transaction processing systems from old type dial up point of sale systems linked to sophisticated check out terminals to a modern seamless IP transaction process, reducing credit and debit card transaction processing times by half at checkout. 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.

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HONG KONG, China, March 25, 2010 -- Orofino Gold Corp. (PINKSHEETS: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the initial results from the first Qualified Persons, NI 43-101 Compliant, review of existing exploration and field data as well as a recent field visit were considered to be exceptional and due to this development, Orofino Gold Corp's Managing Director has taken the initiative to consult additional independent geologists to validate and verify the findings.

Orofino Gold Corp. closed at $0.50 Wednesday, trading 1,000 shares.

Orofino Gold Corp. - Major Gold Find To Be Verified

About Orofino Gold Corp.

Orofino Gold is a precious metals acquisition, exploration, and development company. The Company acquires and explores strategically-located precious metals properties in the historically rich gold bearing jurisdictions of Colombia and Mexico. To this end OROFINO has signed an option agreement to acquire several properties in Colombia. The Company is listed on the Pink Sheets under the symbol ORFG.

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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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