UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(D) of The Securities Exchange Act Of 1934

Date of Report (Date of Earliest Event Reported): July 27, 2012 (July 24, 2012)

~~February 22~~PrepaYd, ~~2012~~Inc. (~~January~~Exact ~~17,~~name ~~2012~~of registrant as specified in its charter)

Prepaid Card Holdings, Inc.

Nevada

000-53270

76-0222016

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

(Exact name of registrant as specified in its charter)


2850 West Horizon Ridge Parkway Suite 200 Henderson, Nevada		89052
(Address of Principal Executive Offices)		(Zip Code)

~~Nevada~~Issuer's telephone number, including area code 702-430-4775

~~000-53270~~18500 Von Karman, Suite 530 Irvine, CA 92612 (Former name or former address, if changed since last report)

76-0222016

(State or other jurisdiction

(Commission File Number)

(I. R. S. Employer

of incorporation)

Identification No.)

18500 Von Karman, Suite 530 Irvine, CA

92612

(Address of principal executive offices)

(Zip Code)

Issuer's telephone number, including area code 877-237-6260 x 110

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On ~~January~~July 1724, 2012 Joshua Berman ~~was~~resigned ~~appointed~~ as a Director and Executive Officer of PrepaYd, Inc. (the “Company”) byin connection with the ~~existing~~Company’s ~~directors~~relocation to ~~fill~~Henderson, ~~the~~NV. Mr. ~~vacancy~~Berman ~~created~~will ~~when~~remain with the ~~number~~Company ofas ~~directors~~Manager onof ~~the~~PrepaYd, ~~Board~~Inc. ~~was~~in ~~changed to three~~California.

Mr. Berman iswas ~~the~~provided ~~Vice~~a ~~President~~copy of ~~PrepaYd,~~this ~~Inc.~~disclosure and ~~the~~afforded ~~founder~~an ofopportunity ~~PrepaYd~~to ~~Wireless. In~~provide ~~2011,~~a ~~Mr.~~letter ~~Berman~~to ~~performed~~ the ~~research~~Company ~~and~~agreeing ~~development~~with ~~for the prepaid Mobile Virtual Network Operator (MVNO) business model and created the PrepaYd Wireless business plan~~it, ~~negotiated~~disagreeing ~~contracts~~ with ~~Sprint~~it, ~~Emida~~or ~~and~~commenting ~~other~~on ~~key strategic vendors while executing the deployment of the company’s online and retail distribution plan~~it. HeMr. ~~conceptualized~~Berman ~~the~~has ~~idea~~provided ofno ~~launching~~such ~~PrepaYd~~letter, ~~Wireless~~ and ~~coined~~we ~~the~~will ~~name~~file ~~“PrepaYd”~~any ~~during~~such ~~his~~letter ~~travels~~via toamendment ~~Australia in 2010 after observing several retail stores selling both prepaid wireless and prepaid debit cards~~hereto.

InOn ~~2008,~~July ~~Mr. Berman started his career with Bank Freedom in Customer Service and quickly became a project manager where he implemented several of the companies General Purpose Reloadable~~24, ~~Payroll~~2012, ~~and~~Bruce its Business Expense Card. He has created several of the company’s business plans, financial models, dispute and chargeback policies, fraud monitoring system, BSA/AML policies, and operations procedures. Since 2009, Mr. Berman ~~has~~was ~~been~~appointed ~~involved~~Secretary with adding new Payment Processors, Issuing Banks, Fulfillment Vendors, Cash Loading Networks, a Mobile Banking Application, and an SMS Mobile Payment product. Mr. Berman currently oversees the development of the ~~company’s Mobile Financial Services initiative and in deploying new features for the company’s Business Expense Card Program~~Company.

Mr. Berman attended the Richmond American International University in London and San Diego State University and in 2008 he earned a Bachelor’s Degree in Economics.

On February 3, 2012, Rick Galasieski resigned as an officer and director of PrepaYd, Inc. Mr. Galasieski was provided a copy of this disclosure and afforded an opportunity to provide a letter to the Company agreeing with it, disagreeing with it, or commenting on it. Mr. Galasieski has provided no such letter, and we will file any such letter via amendment hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~Prepaid Card Holdings~~PrepaYd, Inc.

(Registrant)

Dated: ~~February~~July 2227, 2012

By:

\s\ Bruce A. Berman

Bruce A. Berman

Chief Executive Officer

Filing Compare · PrepaYd, Inc.