Pre-Paid is likely the most heavily shorted stock of any U.S.
 public company, with 11.5 million shares sold short versus 19
 million shares outstanding. This short interest, which has
 depressed the share price, facilitates the company's share
 repurchase program and exposes the shorts to extreme risks.

Gotham rebuts each of the short-sellers' arguments against the
 company including allegations of accounting impropriety,
slowing growth, multi-level marketing, poor corporate
governance and litigation.

Press coverage of Pre-Paid, much of it inspired by short
 sellers, has been unfair, incomplete and lopsided.