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It's been that way for several weeks I think
Incredable. They keep adding and addimg. When will it show up in the stock price.
Great news. Thanks
Pretty quite.
Surf Thanks for the input. Sounds good. I can wait a little while longer.
Surf. How about getting us some news?
Great news. One of these days we will be very glad we bought as much as we did.CPSZ keeps growing from day one.
Only seven of us on this board since the first of the year.
Give us a post just for fun.
I wonder how many of us are still left. I think I may pick up a few more shares in the next 3 or 4 weeks. I have listened to your birdie for quite some time now surf. Lets hope he sings loud and clear soon.
I can't wait
Pretty quite lately.
Surf I think we are going to be in for a pleasant surprise one of these days. I hope soon but I plan on waiting if thats what it takes.
If it can go to .20 it can go higher. Maybe a dollar. I am in for the long haul. Summer, maybe longer, but it will go. With a new facility just about every month how can it miss.
Great news. Thanks for the info. Seems like HQ would be telling
us "hangers on" something.
hq would be
I think the cost of installing and setting up new installations is quite high and the income is slow to start but will grow as time goes by. PR's are expensive with little to gain so they are shinning the few of us left on. They may even be buying back from those that are bailing out which puts those left in a better position eventually.
I am not so sure it's going to tank. Lots of stuff going on in there web site.
Surf, soon we will be the only ones left holding this stock. Maybe we have enough to take over or at least put out a press release as to how well we are doing.
I am a believer and will wait and see.
Go to www.trustcash.com
The new web site looks pretty well thought out. Takes a lot of study and software to pull off this kind of a business, If the Mobile can become popular it will be a money maker. I will wait and see.
Tron for a non owner you speak nonsense and uninformed of whats going on today. You must be living in the past. I would know of a RS by a reduction of shares in my account.It has not happened.
It doesn't look to sad to me. I have gone from .035 to .18 per share in the past month or so. Very, very nice with no obvious end in sight. We will see won't we.
One of these days,I hope soon, we will have a nice surprise when CPSZ starts to move on up to first .20 and then anybody's guess. Maybe as much as a buck.
Great news. Every new facility just adds credibility to CPSZ. You may be low with forty. Every state needs to save money in the worst way and this is just a small but important part of doing just that.
23 of them, thats about one a month. Pretty hard to complain about that. Just wish we saw that it's profitable. I am going to hold on till they are bought out or the stock rises to at least a quarter and maybe a buck. Wouldn't that be nice.
Time for some news.
Little hard to understand all the negativity when the stock price just keeps climbing. Got in at .04 now .18 Wow.
Here we are in a New Year. Back to .0295.
Thank you, whoever is keeping us at least at the .03 level for the past half year. Lets see if we can move on up this year with some good financial news. The country needs the cost savings provided by CPS.
CPS just has to keep getting the word out. 23 facilities so far
all over the U.S.. At least that many more +++++++++++++ in 2011!
Merry Christmas and Happy New year to all of us.
Next year is going to be great!
Surf I miss your optimism!
We both know this stock is going to go. I guess it will be next year now that this one is about gone. Not much selling at the end of the year.
Either there are not many of us left or we are all holding out. Probably a bit of both.
Take care all and have a Merry Christmas and great New Year coming up for everyone on board.
Nice jump this morning. 10,000 at .033. Wonder what the New Year will bring?
100,000 at .03. Nice buy today. We will be on our way up soon.
Just my thought for the day.
Are you back from Vegas and did you go by the home office?
Or are you still going?
It's time for CPSZ to start to slowly creep up to a nickel and then a dime. Who knows after that. Whoever keeps buying back the .03 could start to buy back .031 etc. I don't have the money or I would.
Every cheap sale is probably someone bailing out. Can't be many of us left. I wonder how many. The fewer the better I think.
It's going to happen. When is the question?
The prepaid card is about to tackle one of the more challenging issues for prison re-entry. Continental Prison Systems (CPSZ:PK) , a $4.6 million start up in California, offers a banking system for inmates. They call it the E-Z Card & Kiosk. The company installs kiosks inside state prisons and then issue debit cards to inmates. They refer to the system as the “cashless jail.”
Prisons and their prisoners face some unique challenges. It costs a lot of money for prisons to write checks. According to CPSZ, it can cost as much as $17 per check. Hard to believe, but then again, who’s counting? It is easier to see why a debit card would help prisoners. Even though prisoners can live without cash, many do earn wages while in prison. There are generally two tiers of employment. Some prisoners work for the state. In those cases, they might earn one to three dollars per day. Prisoners in work release are generally able to earn wages at the same level as any other worker. There is a caveat, though. Many prisons choose to charge rent and board for people that can get a work-release job. They are also likely to have to pay for private transport. At one prison in North Carolina, prisoners pay about $15 each way every day.
Working prisoners often want to send money to their families. The prison writes checks for them at other times – when they are released, or when they are transferring money from a prisoner’s account to a child support recipient.
The kiosk system captures all of those transactions.
In the hours and days after release from prison, many inmates face a lot of challenges. Prisons release inmates at all hours of the day. Upon walking outside the gates, a prisoner is a vulnerable target. People expect that they will have cash.
The pace of innovation in the prepaid card industry has been rapid in the past few years. In 2010, two national prepaid card firms – Green Dot and NetSpend – have announced plans to offer their stock on public exchanges. Green Dot has already commenced with that offering. Their stock priced above expectations, at about $35, and it is now selling for more than $50 per share. The date for NetSpend’s IPO has not been given.
No branch bank on premises.
The new card from Continental Prison Systems capitalizes on three trends:
more people in prison
tight states and municipal budgets
higher costs for basic banking services
CP’s model will appeal to many governments that are short on cash. CP installs the kiosk and adminsters the transfers at no cost to the prison. The equipment is not cheap. By one estimate, each system costs $25,000. A typical retail ATM, by contrast, costs about $10,000.
They make their dollars by imposing all kinds of fees on the prisoners and their families that use the card. Green Dot’s commitment is to minimize fees for customers, and to make it possible for consumers to avoid fees altogether.
As of August 21st, CPSZ had contracts with 21 different prisons. New York City put the kiosks in at Riker’s Island in 2009. The New York Post noted that New York City inmates deposited $23 million into prison accounts upon admission to one of the city’s prisons. In February, CPSZ agreed to put its kiosks in the Clark County (NV) Correctional Center, the fifteenth largest prison in the country. In April 2010, the company announced that it had reached an agreement with the Broward County, Florida prison.
Pretty interesting
September 21 2010 Google Continental Prison Systems
Does anybody live near the home office in Vegas. It would be great to get a first hand report of how the place is shaping up.If it's only to walk in and talk with the receptionist or who ever runs the front desk.
It will be great to get some first hand news as to how they look.
I sure would like to hear some feedback from someone close to this outfit. How many employees? How hard are they working to establish
new locations. Since the election there must be new money around to exploit! It makes me want to go sit in the home office and wait until some will talk to me.
Just an investor and believer in the product.
Well here we are Friday again. Lots of ups and downs this week.
Somehow we always get back to .03.
Time for some news from HQ