Money Centers Of America Inc. (fka MCAMQ)

[ASK]

MCAM DD PACK

BENEFICIAL OWNERS!!

AS PER APRIL 15, 2008 OTC FILLING

http://www.otcmarkets.com/stock/MCAM/filings

Christopher M. Wolfington
700 South Henderson Road,
Ste. 325
King of Prussia, PA 19406

President, Chief Executive Officer, Chairman of the Board
23,070,383



Jason P. Walsh
700 South Henderson Road
Ste. 325
King of Prussia, PA 19406

Chief Operating Officer, Chief Financial Officer, Secretary & Treasurer
1,032,500

Jeremy Stein
301 Yamato Road, Suite 2199
Boca Raton, FL 33431

Director
510,000

Dennis Gomes
615 E. Lost Pine Way
Galloway, NJ 08205

Director

500,000

Terry Contreras
1464 Lucy Way
Chico, CA 95973

Director
262,200



John Ziegler, Jr.
136 Magnolia Drive
Phoenixville, PA 19460

Director
252,000
All Executive Officers and Directors as a group (6 persons)
25,627,083

THAT LEAVES A FLOAT OF ONLY 6M.

MCAM CEO HUGE & AMAZING BIO



Chris Wolfington, Chairman and CEO of Money Centers of America, is business leader and entrepreneur with business experience in technology, real estate, and over 19 years experience in the financial services industry. Wolfington started his career in financial services, ultimately becoming a partner in a firm providing investment, mergers, acquisition, and planning services to companies nationwide. Since setting his sights on the Gaming Industry in 1994 with CRW Financial, he participated in numerous acquisitions and divestitures including two initial public offerings (Casino & Credit Services & Telespectrum Worldwide).

Determined to transform an antiquated niche in the Gaming Industry, Wolfington infused his passion, energy, and entrepreneurial vision into Money Centers of America, Inc., a company he founded in 1997. As part of this pursuit he acquired, started and/or divested numerous companies including Central Credit, Inc., Casino Money Centers, Strip Check Cashing, Central Credit Check Cashing, Available Money, iGames Entertainment, Landmark Group Holdings, Microfunds, and Check Holdings. Chris continues to be responsible for the vision and strategic direction of the company.

READ BLOCKBUSTER MCAM LAST 3 NEWS!!


http://www.moneycenters.com/index.php?plugin=News&id=22&title=money-centers-of-america-adds-1-million-player-strong-datablase-to-its-players-bank-program

http://www.moneycenters.com/index.php?plugin=News&id=20&title=money-centers-of-america-mobile-and-i-gaming-press-release

http://www.moneycenters.com/index.php?plugin=News&id=19&title=money-centers-of-america-inc-acquires-landmark-group-holdings-assets

This is old but huge mind blowing news for MCAM

MONEY CENTERS OF AMERICA, INC. ANNOUNCES CLOSING OF ATM PROCESSING AND $40,000,000 VAULT CASH AGREEMENT


KING OF PRUSSIA, PA--JAN 24, 2005 -- Money Centers of America, Inc. (OTC BB:MCAM - News) today announced that it has signed an ATM processing and $40,000,000 vault cash agreement with Genpass, Inc.

The new agreement provides Money Centers of America with a full suite of ATM processing services, dedicated support for installations and conversions, and up to $40,000,000 in vault cash to meet the ATM needs of Money Centers of America’s growing business. The agreement also provides exclusivity to Money Centers of America as Genpass’s preferred provider for Credit & Debit Card Advance, Check Cashing, and other cash access services in the Gaming Industry.

“Our relationship with Genpass has grown significantly in the past few years and I believe we both recognized that expanding this relationship would position both companies to capitalize on the changing trends in the Gaming Industry,” said Christopher Wolfington, Chairman & CEO of Money Centers of America. “Genpass’s commitment also validates the platform for our Transaction Mangement System as a strong alternative to our standard suite of cash access services,” stated Wolfington.

“Money Centers of America is an extremely innovative and aggressive player with a rapid growth trajectory in the cash access business. They operate in an industry that is consolidating and is among the most demanding about service quality, reliability and speed of response,” stated Bipin Shah, Chairman and CEO of Genpass, Inc. “Like most consolidating industries we are confident that the Gaming Industry will consider moving toward internalizing their payment processing and cash access services. We are excited to be a part of Money Centers of America’s proprietary Transaction Management System which is well positioned to capitalize on this inevitable change.” stated Shah.

Money Centers of America is an extremely innovative and aggressive player with a rapid growth trajectory in the cash access business. They operate in an industry that is consolidating and is among the most demanding about service quality, reliability and speed of response.

Just a comparison with LTNC. LTNC made little over $7.1M rev in 2012 and market cap is now $11.5M. MCAM made >$11M rev in 2008 and current market cap is only $0.43M. I understand MCAM is non-reporting for now and hence this huge discounted price.

CHECK MCAM HUGE PARTNERS LIST

http://www.moneycenters.com/partners.html

Money Centers of America has partnered with Paymentech and developed a proprietary system that interfaces with Paymentech to provide any credit and debit transaction utilizing all the available credit and debit networks. Paymentech processes and settles transactions for credit and debit cards as well as routes authorization transactions for travel and entertainment cards and other non-cash payment forms. Paymentech is the largest processor and acquirer of credit card transactions (3 billion annual transactions) and the largest payment solutions provider to the direct response industry (Internet commerce, online service providers, cataloguers, telemarketers, etc.) for non-face-to-face POS transactions.

Excellent SS!!
O/S only 31M
CEO owns 22M
Float only 6-7M
Effective float only 2-3M (This is my educated guess).

They went non-reporting in 2009 in order to survive by saving money related to audit & report costs and they did survive and these so many years they did not dilute any single share.

****Very important>>>>>CEO recently said to couple of shareholders that they will come back to reporting but no specific time frame yet. Because their main goal is now to put all their money and efforts for growth and they want to become pioneer in the related business.

Please read their last news one more time!!This is blockbuster news and has caught few of us!!!Here it is again >>>>

http://www.moneycenters.com/index.php?plugin=News&id=22&title=money-centers-of-america-adds-1-million-player-strong-datablase-to-its-players-bank-program

LITTLE MATH ON 1 MILLION PLAYERS ON BOOK!!

Even if they can bank only $50 profit from each player in one year that's become a whopping $50M annual profit which gives >$1 EPS going forward.
That's why few of us think that when they come back to reporting status and start releasing their profitable earnings #s stock price can hit at least a dollar which is very possible in 2014.
This is possible because of very low float and we know how the low floaters move when market wants some shares.

MCAM is just not yet but can become a hot stock in the market because of CASINO TYPE STOCK & PAY PAL LIKE BUSINESS.

THis is very actively operating company.
Usually all the insiders are unbelievable tight lipped. But CEO recently said to couple of shareholders about that reporting status and goal of his company.

Lastly I have found this GEM as a mid term hold for 50-100 bagger potential.

Excellent & active website!!
http://www.moneycenters.com/

MCAM IS HUGE CASINO PLAY!!!READ THIS!!

Money Centers of America’s software solution will revolutionize
the cash access industry by eliminating a casino’s need for a cash access provider. The ONtime™ software gives the casino the option of utilizing its existing merchant card processor.
If the casino uses ONtime™ to run its own cash advance transactions,
it can achieve wholesale buy rates as low as 1.8%. Other cash access
companies mark up these same buy rates by 50% to 150%.
The casino now keeps 100% of its profits from all credit card cash advance and POS debit transactions.
The result is a single application for all cash access transactions.

MUST READ

We estimate the North American (on an annual basis) Gaming Cash Access market to be $25 billion dispensed to patrons and over 100 million transaction approvals, generating an estimated $950 million in revenue for the industry.

The largest provider of these cash access services includes Sightline Payments (PRIVATE: Sightline), Global Cash Access, Inc. (NYSE: GCA), Global Payments Inc. (NYSE: GPN) with an approximate combined 90% market share. The remaining 10% is divided amongst other providers including Money Centers of America (MCAM.PK), DiTronics Financial Services, and ASAI.


POSSIBLE VALUATION MODEL FOR MCAM

10% of $950M is $95M

MCAM's name is on top of 3 players in remaining 10% market.

So roughly 1/3rd of $95M is $31M

MCAM HAS THE POTENTIAL TO GENERATE AN ANNUAL REVENUE OF $31M.

THAT'S ALMOST $1 REVENUE PER SHARE.

MCAM IS A MULTI DOLLAR POTENTIAL STOCK.

JMO