X0202 4 2006-05-30 0 0000803260 DEFAULT PROOF CREDIT CARD SYSTEM INC /FL/ DPRS 0001138821 CUERVO VINCENT 1545 MILLER ROAD CORAL GABLES FL 33146 1 1 1 0 CEO Common Stock 2006-05-30 4 S 0 2800 0.35 D 830791 I SPOUSE- SEE FOOTNOTES Common Stock 2006-05-30 4 S 0 5000 0.35 D 833591 I SPOUSE Common Stock 2006-05-26 4 S 0 600 0.45 D 838591 I SPOUSE Common Stock 2006-05-25 4 S 0 100 0.45 D 839191 I SPOUSE Common Stock 2006-05-24 4 S 0 3000 0.45 D 839291 I SPOUSE Common Stock 2006-04-20 4 S 0 10000 0.37 D 842291 I SPOUSE Maria T. Cuervo, wife to reporting person, sold shares in five seperate transaction for a total of 11,500 shares. On May 24, 2006 she sold 3000 shares @ $0.45, on May 25, 2006 sold 100 shares @ $0.45, May 26, 2006 sold 600 shares @$0.35, on May 30, 2006 sold 5000 shares @ $0.35 and May 30, 2006 sold 2800 @ 0.35. Mr. Cuervo, owns a total of 639,129 shares in direct control and has indirect control from his wife's holding of 191,573 shares for a total direct/indirect holding of 830,791 shares. Refer to Form 4 filed as of 04/26/2006 /s/ Vincent Cuervo 2006-05-30