On March 27, 2020, the Board of Directors voted to fix the number of directors
who serve on the Board of Directors of Paid, Inc. from five to three. As such,
pursuant to the Bylaws and Delaware General Corporation Law, the terms of Mr. W.
Austin Lewis IV and Mr. Allan Pratt expired on April 17, 2020 and did not renew
for an additional three year term.
PAID, Inc. is engaged in developing software as a service (SaaS) based business services, including PaidPayments, PaidCart, PaidShipping and PaidWeb. These solutions are developed to provide businesses with a streamlined experience for Website creation, online sales, payment collection and shipping all in one platform. Its segments include Client services, Merchant processing services, Shipping coordination and label generation services, and Corporate operations. Its ShipTimeâs platform provides its members with the ability to quote, process, track and dispatch shipments while getting preferred rates on packages and skidded less than truckload (LTL) freight shipments throughout North America and around the world. Its BeerRun Software is a brewery management and alcohol and tobacco tax and trade bureau tax reporting software. Its platform includes a range features, such as mobile editing, search engine optimization, collaboration tools, and pre-designed templates.
PAID, INC. 
