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Spindle Inc (SPDL.PK)

SPDL.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Spindle, Inc signs strategic processing relationship agreement with C&H Financial Services
Tuesday, 13 Oct 2015 08:30am EDT 

Spindle, Inc:Says that C&H Financial Services has signed an agreement to begin using Spindle's recently acquired Catalyst gateway service.Says C&H's first project involves moving 1200 retail merchants to the gateway before year end, and to support EMV processing.  Full Article

Spindle Inc announces agreement to acquire Catalyst Business Development Inc
Tuesday, 15 Sep 2015 08:30am EDT 

Spindle Inc:Enters into definitive agreement to acquire specific assets of Catalyst Business Development Inc., a Scottsdale, Arizona-based provider of payment gateway services, sales and software solutions.Says that upon completion of transaction, Spindle expects to integrate gateway with Yowza!! product suite, which allows us to facilitate payment processing and manage customized marketing campaigns for merchants in additional markets.  Full Article

Spindle announces CFO resignation - Form 8-K
Thursday, 20 Aug 2015 04:06pm EDT 

Spindle, Inc:Says Lynn Kitzmann informed her intention to resign from her position as Chief Financial Officer effective on August 31.Board approved John Devlin, current Board member and Chairman of the Audit Committee to serve as interim CFO of the Company, effective immediately.  Full Article

C&H Financial Services acquires of substantial merchant portfolio from Spindle Inc
Wednesday, 1 Jul 2015 08:10pm EDT 

Spindle Inc:Says that on June 30, C&H Financial Services, Inc announced acquisition of a substantial merchant portfolio from Spindle Inc.  Full Article

Spindle Inc completes purchase of help worldwide loyalty program operator license
Thursday, 11 Jun 2015 08:30am EDT 

Spindle Inc:Completed the purchase of the Loyalty Program Operator License from Help Worldwide Inc., a global consumer and business network.Companies will jointly market a co-branded Yowza!! points program for all Yowza!! consumer app users and Yowza!! merchants that leverage its Point-of-Sale (POS) solution to over 30 million consumers with the power of Help Worldwide's network.Spindle will fund the integration and marketing effort with proceeds realized from the profitable sale of its legacy residual stream acquired in Dec. 2012.Says asset sale resulted in a non-dilutive financing, with the company receiving about $678,000 in gross proceeds.  Full Article

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