Friday, April 9, 2010

StockProfiler.US: Penny Stock News for Friday: Sino Payments, Inc. & Mainland Resources, Inc.



HONG KONG, April 9, 2010 -- Sino Payments, Inc. (OTCBB: SNPY) a provider of stand alone worldwide ecommerce processing capability today announced that it has submitted the first US ecommerce merchant account application to an existing bank partner.

Sino Payments, Inc. closed at $0.06 Thursday, trading 708,454 shares.

Sino Payments to Provide Service for US and Japan Merchants

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 to between 3-5 seconds 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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HOUSTON, April 9, 2010 -- Mainland Resources, Inc. (the "Company") (
OTCBB: MNLU; Frankfurt 5MN) has appointed Amanda Millner-Fairbanks to its Advisory Committee.

Mainland Resources, Inc. closed at $1.47 Thursday, trading 180,330 shares.

Mainland Resources, Inc. Appoints Amanda Millner-Fairbanks to Its Advisory Committee

About Mainland Resources, Inc.

Mainland Resources is a junior company engaged in the exploration and development of oil and gas resources. The Company's current initiatives are focused on the acquisition and development of leases in emerging gas regions with the potential for discoveries including the Haynesville shale.

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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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