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2004-09-16 14:22:04
Direct Response Financial Services Focuses on Delivering Pre-Paid Credit Cards for Latino Market
***
Business Editors LOS ANGELES--(BUSINESS WIRE)--DRFL-- Large and Growing Underserved Market Needs Efficient Banking Solution Direct Response Financial Services, Inc. (OTCBB:DRFL), an innovator of payment card systems, today announced that it has restructured its business operations to focus on and pursue a market opportunity to serve the needs of the un-banked and under-banked Latino population in the United States. Latinos are the largest and fastest growing ethnic group in the U.S. currently composing over 14% of the population. Studies have shown that roughly half of this population does not have credit cards. The Pelorus Group projects that the number of pre-paid debit cards issued will grow from 6.3 million in 2002 to 38.7 million in 2007. The major customers for these cards will be the non-banked or under-banked segment of the population. It is estimated that the dollar volume for all convenience and debit cards will grow from $38B in 2002 to $80B in 2007. In an effort to meet this market demand, Direct Response Financial Services has designed and is in the process of launching a debit card program specifically tailored to meet the unique needs of Latinos. The debit card is a cost-efficient payment solution, can be loaded with funds through a network of conveniently located ATM-like loading terminals, and requires documentation that Latinos either already have or is easily obtainable through their respective consulates. Direct Response Financial Services has invested its resources to build a proprietary network of partnerships with media outlets and Hispanic marketers to advertise and distribute the cards as well as leading financial institutions and transactions processors that will manage back-end functions. Additionally, the Company is in final negotiations with providers of loading terminals located in retail outlets where card holders can load their accounts and strategically located retail food and convenience store chains where loading terminals are available to customers. "In the near term we are preparing to launch our Personal Advantage Media Prepaid MasterCard(R) Card program, which is tailor-made for the Latino market in the United States. We have made significant time and resource investments to bring our unique business model to fruition. We believe our solution will contribute to making life a little more comfortable for a large segment of the Latino population. We have designed our operations to deliver pre-paid debit cards in a very cost-efficient manner, making it more accessible to our customers and creating an attractive revenue model for our company," stated Direct Response Financial Services CEO, Mr. Ted Kozub. About Direct Response Financial Services, Inc. Direct Response Financial Services, Inc. is a provider of payment card systems including a variety of branded and co-branded stored value cards (i.e., pre-paid debit cards). The Company has agreements with leading financial institutions such as MasterCard, Chase Manhattan Bank, and Optimum Pay USA, Inc. The Company's main focus is to develop and market payment solutions for un-banked and under-banked Latinos, the largest and fastest growing population in the United States. For more information on the Company please visit www.drfs.net. Statements that are not historical facts are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, and the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements. Direct Response Financial Services, Inc. (OTC Bulletin Board:DRFL) KEYWORD: CALIFORNIA INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD BANKING PRODUCT SOURCE: Direct Response Financial Services, Inc. CONTACT INFORMATION: MCC Financial Group Dilek Mir (310) 453-4667 x 235 Email: dmir@mccglobal.com Website: www.drfs.net
GKIG a buy here?
NIMU just noticed that :)
THX will look at it
FWIW UACP and OBPT, both pink are 2 other pinks that recently did RM with FS. UACP, uAuthorize Corporation Goes Public and Begins Trading
Friday June 4, 11:29 am ET
EDMOND, Okla.--(BUSINESS WIRE)--June 4, 2004--uAuthorize Corporation (Pink Sheets:UACP - News) announced today that the company has completed its merger with Newzstand.com, Inc. (formerly "NWZC") and is now trading on the Pink Sheets under symbol "UACP." The company would also like to announce that it has declared a 10 for 1 forward stock split, effective today.
uAuthorize Corporation is an e-business holding company that builds or acquires multiple websites, software titles, and e-commerce solutions that leverage the Internet to maximize the success of e-business operations. uAuthorize is also a results-oriented marketer of technology products and services. Through its comprehensive portfolio of online properties, uAuthorize aggressively markets to an audience of technology product and web service buyers. The company's profitable business model is based on multiple growth drivers, including growth in technology products and service, cross-selling additional products and new affiliate signings.
"Our plan is for continued acquisitions of undervalued or otherwise distressed web properties," stated Darrel Uselton, the company's CEO. "We intend to aggressively increase our presence in the vast internet space. Our long-term economic goal will be to utilize our internet marketing strengths to maximize key positioning in the internet revolution, creating value for both clients and shareholders," Uselton further commented.
"We believe uAuthorize Corporation to be one of the few web-based business platforms to actually have a proven track record of moving large amounts of product over the internet, using several non-intrusive online marketing techniques that our team has perfected," commented Dino Price, the company's President.
The strategy of uAuthorize Corporation is to incubate all business concepts to full operation with aggressive online marketing, while continuing to seek additional synergistic acquisitions. uAuthorize currently owns in excess of 30 developed websites selling thousands of products. For full details and links to all the company's websites and products, please visit our homepage at www.uAuthorize.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
--------------------------------------------------------------------------------
Contact:
uAuthorize Corporation, Edmond
Dino Price, President, 405-285-6482
Fax: 405-285-6482
http://www.uauthorize.com
or
uAuthorize Corporation, Houston
Darrel Uselton, 281-584-9961
FWIW UACP and OBPT, both pink are 2 other pinks that recently did RM with FS. UACP, uAuthorize Corporation Goes Public and Begins Trading
Friday June 4, 11:29 am ET
EDMOND, Okla.--(BUSINESS WIRE)--June 4, 2004--uAuthorize Corporation (Pink Sheets:UACP - News) announced today that the company has completed its merger with Newzstand.com, Inc. (formerly "NWZC") and is now trading on the Pink Sheets under symbol "UACP." The company would also like to announce that it has declared a 10 for 1 forward stock split, effective today.
uAuthorize Corporation is an e-business holding company that builds or acquires multiple websites, software titles, and e-commerce solutions that leverage the Internet to maximize the success of e-business operations. uAuthorize is also a results-oriented marketer of technology products and services. Through its comprehensive portfolio of online properties, uAuthorize aggressively markets to an audience of technology product and web service buyers. The company's profitable business model is based on multiple growth drivers, including growth in technology products and service, cross-selling additional products and new affiliate signings.
"Our plan is for continued acquisitions of undervalued or otherwise distressed web properties," stated Darrel Uselton, the company's CEO. "We intend to aggressively increase our presence in the vast internet space. Our long-term economic goal will be to utilize our internet marketing strengths to maximize key positioning in the internet revolution, creating value for both clients and shareholders," Uselton further commented.
"We believe uAuthorize Corporation to be one of the few web-based business platforms to actually have a proven track record of moving large amounts of product over the internet, using several non-intrusive online marketing techniques that our team has perfected," commented Dino Price, the company's President.
The strategy of uAuthorize Corporation is to incubate all business concepts to full operation with aggressive online marketing, while continuing to seek additional synergistic acquisitions. uAuthorize currently owns in excess of 30 developed websites selling thousands of products. For full details and links to all the company's websites and products, please visit our homepage at www.uAuthorize.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
--------------------------------------------------------------------------------
Contact:
uAuthorize Corporation, Edmond
Dino Price, President, 405-285-6482
Fax: 405-285-6482
http://www.uauthorize.com
or
uAuthorize Corporation, Houston
Darrel Uselton, 281-584-9961
From the Q along with the normal bb stuff and caveats: Management believes that actions presently being taken will generate
sufficient revenues to provide positive cash flows from operations and
that sufficient capital will be available, when required, to permit the
Company to realize its plans. However, there can be no assurance that
this will occur. The accompanying financial statements do not include
any adjustments that might result from the outcome of this uncertainty.
The Company
The PacketPort.com, Inc. Global Hosted Telephony Solution (GHTS) is an
Internet centric business partnership program, depending exclusively
for access on either dial up or broadband connectivity for the delivery
of services. The GHTS strategy takes advantage of the convergence of
several worldwide trends in technology, international communications
policy, and international regulations, as well as the fundamental
dynamics of global economics of telecommunications.
PKPT moves easy
Ajay Schedules Reporting of Historic 10Qs & 10Ks
***
Business Editors FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--AJAY-- Ajay Sports, Inc. (Pink Sheets:AJAY) today announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Brian T. Donnelly, President & COO, stated, "Ajay's new management team instructed its auditors to complete required audits for 2001 - 2003. We are clearly focused on providing shareholders with ongoing, accurate and timely reporting of Ajay's overall financial and operational performance. Management will focus on restructuring the company to improve the bottom line and profitably grow Ajay's remaining assets with an emphasis on its ownership in Pro Golf International." Continuing, Donnelly commented, "Scheduled reporting dates which Ajay has targeted include 10/31/04, 11/15/04, 12/01/04 and 12/31/04." Ajay Sports, Inc., which owns Pro Golf International, Inc., operates Pro Golf of America, Inc., the largest retail chain of franchised golf stores in the world, and ProGolf.com, Inc., licensee for the e-commerce business of Pro Golf of America, Inc., whose website is www.progolf.com. The statements included in this news release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company or any of its business operations; the ability of new management at the Company to achieve its plans; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and the Company disclaims any intent or obligation to update these forward-looking statements. KEYWORD: MICHIGAN INDUSTRY KEYWORD: RETAIL RETAIL E-COMMERCE INTERNET ENTERTAINMENT SPORTS SPORTS SOURCE: Ajay Sports, Inc. CONTACT INFORMATION: Ajay Sports, Inc. Thomas W. Itin, 248-851-5651 Brian T. Donnelly, 248-737-0553
AVTX bid was creeping up today so I added a few at .03, hope I want em. NIMU i like it especially if it gets past .15 :)
GLVP Saweet EZ
GLVP WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE can I say that here?
AVTX added here
I'm pizzed, I saw your post on bdlfe yesterday and didn't pull the trigger :(
I got 10k in 2 partials (5k) at .013 and 15k at .014, i don't see one of the 5k fills in my T&S but i show it in my acct history.
did you get in or are you waiting?
only got 25k at .013 and .014, thought maybe it would be more for sale, maybe later glta
in pbdy today fwiw
NTOY picked up a few today just in case SACRAMENTO, Calif., Sep 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- Netoy.com Corp (OTC Pink Sheets: NTOY) announced today that it has named Matt M. Bardasian as its new President and Chief Executive Officer. In addition, Netoy announced that Albert Golusin has been named Chief Financial officer. Former President and CEO Gilbert Serrano will remain with the organization as President and Chief Executive Officer of 2Animate, Inc., a subsidiary of Netoy
GBLL you just had to remind me of that POS! lol
CTLE, has had some nice runs in the past, hopefully we get a repeat
in CTLE here, has had some nice runs in the past
OK, whatever it is just keep doing it! :)
Brig, solid board here, made some nice bank here! Professionalism, due diligence and the ability to separate the wheat from the chaff make it work. Thx to all IMHO
Skeena try this link, type the symbol in the box under 'search criteria' http://www.otcbb.com/dailylist/
I don't own FOGL but i do love your paking lot post!
What were the comments about the volume? TIA IMHO I don't think that D&D are selling. Cleaning up the balance sheet is a good idea however imho the debt still wieghs on the stock in the form of additional OS. What we need is some revenue because promises just won't get it. I have watched and accumulated this stock for some time and it always seem to lack traction but after reading budges' post it makes a little more sense. I'm hoping this is just a bump in the road but the price of the stock and the dip today reflects the markets perception of IBCS which is and has been negative. There press has not lived up to their promises imo. eg Lous' hype of new tech. I see very few of the top traders on IHUB post on it but I accumulate stocks like IBCS for if and when they do. Most of these bb stocks have their day but there is a reason they trade for pennies. This is JMHO GLTA :)
excel and PC, how very true, added glvp at .05 today fw
Sad day for me today, very disappointed. I must say the market has not been lying to us. To me it's not the size of the s-8, as much as it is that they issued one. It may very well have been good to get the debt off the books and i certainly think they need to make a living but when you say your not going to dilute and you do, well, to use the term that they are so fond of, it speaks to their 'credibility'. I would imagine tomorrow should see more selling or at least i hope so. It sounds bad but i would really like to see a high volume sell off, a capitulation. I'm still holding all my shares as I said I would and I doubt many of the hardcore longs will sell and I'm sure some will add as I will when i feel the selling is done. Hopefully we rebound with a vengence. good luck to all that stay the course! bobk
drfl locked at .065
DRFL .065x.07 now :)
GLVP added some today at a nickle
Buy fear sell greed!
Yep, thigamajig, that's must be one of them newfangaled technicals terms the chart guys all use to describe whatchamacallits. By the way I love the smell of MOMO anytime!MBTT Saweeeet! thx :)
CIBM is a shell no idea why it woke up today though :)
then you certainly shouldn't buy it, accumulate under .005 and sell over .01 jmho
CIBM hmmmmmmmmmmmmm
PHOX vol surge fwiw
.01x.05 2x1