InvestorsHub Logo
Followers 571
Posts 7740
Boards Moderated 2
Alias Born 07/29/2009

Re: None

Wednesday, 09/07/2011 2:30:40 PM

Wednesday, September 07, 2011 2:30:40 PM

Post# of 640909
ADCS ~ Changes Name, Ticker and Business Model.

Advanced Content Services Changes Name, Ticker Symbol and Business Model
Press Release Source: Advanced Content Services, Inc. On Tuesday September 6, 2011, 9:50 am EDT
http://finance.yahoo.com/news/Advanced-Content-Services-bw-1837917390.html?x=0&.v=1

FORT WAYNE, Ind.--(BUSINESS WIRE)-- Advanced Content Services, Inc. (Pink Sheets:ADCS.pk - News) announced today that the Company is restructuring its business to include name, ticker and business model change. The Company’s new name is MBN Holdings, Inc. and will become a holding company for unique businesses that have significant upside potential. Additionally all paperwork has been filed for the Company regarding name change, business forms with the state of Nevada and with OTC Markets.

The first business to be merged into the new Company is Servenation.com. There is more than a healthy demand for Servenation’s business. According to the Aite Group (the Boston-based research firm) the total revenue pie of the so-called network-branded prepaid card industry will grow from $1.63 billion in 2008 to $5.91 billion by 2014, an increase of 263%.

The ServeNation card is a general purpose, reloadable Debit Card in which the program Manager, on behalf of the consumer, donates a fixed amount per transaction to the consumer’s chosen charity or non-profit.

ServeNation will be unique in the pre-paid debit card business in that the Company will appeal to several distinct target market segments under a single program. ServeNation primary market segments include: Corporate, Consumer, Charitable Entities, Bill Payments, Payroll Payments and Mobile Applications/Solutions tied to Card Services.

---------------------------------------
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66840667


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.