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Once again you are wrong...they don't have any in the top 5...and you seem to be looking at personnel...not the inmate pop... :)
1. LA County - 19,000 +/-
2. New York - 13,000 +/-
3. Harris Co - 10,000 +/-
4. Cook Co - 9,500 +/-
5. Philadelphia - 8,800 +/-
6. Maricopa Co - 8,000 +/-
7. Dallas Co - 6,000 +/-
8. Miami-Dade - 5,700 +/-
9. Shelby Co - 5,700 +/-
10.San Bernardino - 5,700 +/-
Yep...ez is getting the boot there as well...GLTA
So which three of these top Jails are they in...the order is listed Largest to smallest..taken from the Bureau of Justice Statistics...
1. LA County, Ca
2. New York City, Ny
3. Harris Co, Tx
4. Cook Co, Ill
5. Philadelphia City, Pa
6. Maricopa Co, Az
7. Miami-Dade Co, Fl
8. Shelby Co, Tn
Hi Surf...are these the people you were referring to?
Sep 1997 - NCS-NETWORK COMMUNICATIONS SOLUTIONS, LLC- DON MCNELY, WILLIAM D YOTTY
Jun 1998 - PAYSTAR COMMUNICATIONS, INC - CLIFFORD GOEHRING
Nov 1998 - PAYSTAR CORPORATION - CLIFFORD GOEHRING
Feb 1999 - BIZNETCARD.COM, INC - BRUCE GROGG, THOMAS HOWELL
Jun 2000 - PAYSTAR.COM, INC - DON MCNELY, HARRY MARTIN
Dec 2000 - PAYSTAR FINANCIAL SERVICES, INC - CLIFFORD GOEHRING
Sept 2001 - PAYSTAR INFOSTATIONS, INC- WILLIAM D YOTTY, CLIFFORD GOEHRING, BARBARA THOMAS
Mar 2001 - PAYSTAR PREPAID SERVICES, INC - WILLIAM D YOTTY
Feb 2002 - GLOBALCASH, INC - CLIFFORD GOEHRING
Jun 2003 - STAR TECHNOLOGIES (STARTEC), INC - CLIFFORD GOEHRING, BARBARA THOMAS
Dec 2003 - THE MONEY PEOPLE, INC - BARBARA THOMAS, WILLIAM YOTTY
Feb 2004 - Pacific Financial Solutions, Inc – DON MCNELY
Feb 2004 - STARSPAN WI-FI, INC - BARBARA THOMAS
Jan 2005 - INFOSTAR SYSTEMS, INC - BARBARA THOMAS, WILLIAM YOTTY, HARRY T MARTIN
Nov 2005 - PACIFIC CARD SERVICES, INC - CLIFFORD GOEHRING, BARBARA THOMAS, FRED RACKERS
November 04, 2005 LODI -- Pacific Financial Solutions Inc. -- closely affiliated with the troubled PayStar Corp. -- Wednesday pulled the client page off its Web site that included questionable testimonials from fast-food giants such as McDonald's, Burger King and Taco Bell. None of the companies contacted by The Record were able to verify if they did business with Lodi-based Pacific Financial Solutions, which markets cashless ATM machines to investors and then says it places them in retail locations."They don't do any business with McDonald's at the corporate level, or particularly in the Stockton area," McDonald's Sacramento regional spokeswoman Shelly King said earlier this week. Attention was drawn to the Web site at www.pfuo.com after the publicly traded company issued a press release last week touting its purchase of 500 "independent payphone locations" in four northwest states for $2 million, about four times the going rate, according to a Seattle-based payphone industry expert who was unaware of the large sale. State regulators in Washington and Oregon, likewise were unaware of the transfer, nor did Pacific Financial Solutions appear in their files. A woman who answered the phone Thursday morning at Pacific Financial Solutions' Lodi headquarters at 1330 S. Ham Lane could not answer inquiries about the status of the Web site."I have no idea," she said when questioned about why the company pulled its client list off the site. She took a message for Barbara Thomas, named as the company's secretary-treasurer, who was unavailable. Neither Thomas nor company officials William Yotty or Clifford Goehring have responded to messages left since Tuesday seeking comment. In addition to claiming globally recognized corporations among its clients, Pacific Financial Solutions states on its Web site that it is 10 years old. Its penny stock began trading on the Pink Sheets in October of last year and the state of Nevada -- where the Lodi company is incorporated -- has no record of the company prior to June 30, 2004.The recent press release may have helped the company's stock price jump 125 percent from 20 cents -- where it had been for several days -- back up to 45 cents, where it had languished for most of October. It traded as high as $1.15 on June 17 before beginning a severe drop-off to 10 cents on Oct. 26. Pacific Financial Solutions shares company officials and headquarters locations with PayStar, which for several years has been beset by private fraud lawsuits and run afoul of various state and federal regulators, including the Internal Revenue Service and the California Department of Corporations.Contact reporter Joe Goldeen at 209 546-8278 or jgoldeen@recordnet.com
Oct 2005 - GLOBAL KIOSK CORPORATION - BARBARA THOMAS
Apr 2006 - GLOBAL CAPITAL ASSOCIATES, INC - BARBARA THOMAS, WILLIAM YOTTY
Oct 2006 - SUPERIOR INVESTMENT GROUP, INC - BARBARA THOMAS
Feb 2007 - Pacific Financial Signs Merger LOI With Utah Based Lending Co
Mar 2007 - Pacific Financial Solutions acquires Pacific Media Group Inc
Mar 2007 - COLLEGE FINANCIAL SERVICES, INC - BARBARA THOMAS, WILLIAM YOTTY
Mar 2007 - PACIFIC FINANCIAL LENDING, INC - BARBARA THOMAS, BRUCE GROGG, JOSH LINDSAY
Mar 2007 - PACIFIC MEDIA GROUP, INC - BRUCE GROGG, BARBARA THOMAS
Jun 2007 - ESTAR V, LLC - BARBARA THOMAS
July 2007 - COLLEGE FINANCIAL SCHOLARSHIP FOUNDATION -, BARBARA THOMAS, WILLIAM YOTTY
July 2007 - BRIGHT STAR MARKETING, INC - BRUCE GROGG, BARBARA THOMAS, HARRY T MARTIN
July 2007 - COLLEGE PREP NETWORK, INC - BARBARA THOMAS, WILLIAM YOTTY
July 2007 - ESTAR X, LLC - BARBARA THOMAS
July 2007 - ESTAR VIII, LLC - BARBARA THOMAS
July 2007 - ESTAR IX, LLC - BARBARA THOMAS
Aug 2007 - FORTUNO, INC - BARBARA THOMAS, WILLIAM YOTTY
Sept 2007 - PACIFIC MERCHANT SERVICES, INC - BRUCE GROGG, BARBARA THOMAS, CLIFFORD GOEHRING
Dec 2007 - Pacific Financial Solutions acquires College Financial Services Inc
April 2008 - THE PAYMENT PEOPLE, INC – DON MCNELY, JEFF MCKAY,BRENDA MCKAY
April 2008 - As of April 1, 2008, Three Subsidiaries of Pacific Financial Solutions Inc. were acquired by Global Capital Associates Inc. Pacific Financial Solutions Inc., Three Subsidiaries represents the combined operations of College Financial Services, Inc., Pacific Financial Lending, Inc. and Pacific Media Group Inc. College Financial Services, Inc. provides educational products, planning services, financial aid, and career planning and preparation services to the collegiate mentors and students. Pacific Financial Lending, Inc. provides personal and commercial financial lending services and Pacific Media Group, Inc. provides direct response media and advertising agency related services. College Financial Services, Inc. is based in Midvale, Pacific Financial Lending, Inc. and Pacific Media Group Inc. are based in Salt Lake City, Utah.
May 2008 - Pacific Financial Solutions acquires EZ Card & Kiosk LLC
NOTE: William Yotty Signed as one of the Owners of EzCard on the Clark Co, Nv contract
Ha, Ha..? Also looks like they lost Mendocino to Trinity and Rockwall to Touchpay...yep they are doing great..we better buy at these prices before they skyrocket..Maybe the Dr will be able to get his $$ back..
Just heard that they are losing Vegas...maybe the cheering party needs to be moved to a new location..
You need to go and look up Riversides Court info and see just what ez will be taking there...looks to be slim pickens...Cash windows still open, still taking money orders, Courts have there own PC to do Credit/Debit transactions, + payment plans....+ Kiosks will only be available M-F 8-5......However, you are correct that it's a large account...but, doubt much revenue will be generated with all the hardware deployed (if you are correct with at least 15 locations/Kiosks)...JMHO
LOL...
I just have to ask...How are you going to monitor the S&GA expenses to ensure they don't get out of control?
Just keep the faith..the hodges have very forthright and followed through with everything they promised...Correct? However, not sure what they are selling to P..I really doubt it was a 3mil investment..but rather selling a piece of the pie...and time will flush all if this out..cheers..time for another Beer and enjoy the banter...:)
I just don't believe they have disclosed the entire picture..kind of like last time where they didn't use standard accounting practices..call it what u want..audited tells the real story...
As you know...I have my own opinion...and so far this is playing out like anticipated...I know that Audited Fins do cost some $$..However the Hodges have promised these for at least a year...maybe even longer... At this point, I believe that they are in deep debt and selling the farm to stay afloat..and currently paying all the players in shares...I also feel that they have sold off areas or product offering (municipal Payments)to an investor in hopes of raising capital.. I still believe this is going to tank at some point or they will sell off enough of it to get out and let someone else deal with it...You can only tread water for so long...
This has all the makings of a "Wash, Rinse, Repeat" Company...I'm sure some here will make some $$ of flipping...however, the Hodges have cried wolf a few too many times...but a few of the Peeps here will hang in and see what happens...I guess it's only money...and a Penny Stock to boot...I know that this post will probably be deleted..however, I do enjoy everyone's Rants and Raves...keeps me tuned in to this channel... Cheers...It's 5:30 somewhere....
Just found this on the web...so not sure how valid it is...
Audited Financial Statements: Audited statements have undergone in-depth review and testing by a qualified third party. Similar to reviewed statements, they should be accompanied by a letter from the auditor. Among the important things revealed in the letter is the extent to which the auditor is able to render an opinion of the accuracy and fairness of the statements. An unqualified opinion means that the accountant has no reservations or concerns. As far as third-party assurances go, an unqualified audit opinion is the highest level of assurance about the quality of a firm’s financials. A qualified opinion means otherwise, so take caution.
The audit firm also issues a letter to management, which can be helpful to the owners and managers, and contain suggestions for improving accounting methods and processes.
Obtaining an audit for a small or midsize private company might cost between $7,000 and $50,000, depending on the audit firm, geographic location and complexity of the subject business.
Actually thought about your post a bit more...kinda funny since they don't even have enough $$ for Audited Fins...Doubt they could buy much of anything...unless they pay with shares...WHICH THEY ARE doing :) gotta love this kind of stuff...Good Luck...Go CPSZ
Hey...I wish I had a Company:) Then I might have some $$...I'm in the Retired Crowd..
Hi Lawdog...I haven't Posted in for awhile...just watching this play out...while they do have a business and they are real...not having the $$ to produce audited fins speaks volumes about their business model..as well as telling everyone they are coming when they knew it wasn't going to happen...The RS model works very well for them..however, the ship will be bleeding out quickly and the price will most likely keep dropping...I really doubt that any investors will not see that they did a RS to prop this up...so audited fins soon...Right :)
anyway, best of luck...
The Board Members can vote to do the R/S..without shareholder approval..
#1. If they were profitable...you wouldn't be seeing R/S..
#2. If they were profitable...they would have already released the fins...
#3. If they were profitable...they wouldn't be selling off the Company..
#4. If they were profitable...they wouldn't be paying people with shares..
#5. If they were profitable...their Stop Sign ..non reporting status would have already been lifted...
Pump, Dump, Repeat
Pump, Dump, Repeat
Now that's funny...
So how many kiosks stockpiled? How many staff hired?
Here is an interesting article on R/S.
Often times with a penny stock, a reverse split is an attempt to bring up the price of the stock. A reverse split is when a company sets in place a new amount of shares to replace a set amount of existing shares.
As an example, a 10 for 1 reverse split would mean that the company would issue 1 share for every 10 shares that an investor holds. The logic is that once there are only a tenth of the shares outstanding the price would increase by 10 times. Ten old.50 shares would now be converted into one new share worth $5.00. The logic seems to work out but the problem is that investors might not feel the price of the stock can be maintained at that level for long. After all, they remember this stock trading at pennies, not a $5.00 stock. So the majority of times, stocks that have gone through reverse splits steadily drop in price until they trade at near what they traded for prior to the split.
Companies know that this will happen, but they move forward anyhow. The company knows that they can only issue a certain amount of shares based on their charter. A company that authorized 10,000,000 shares and has 5,000,000 shares outstanding can only issue another 5,000,000 shares into the market. But what if the company was presented with an opportunity that would require 5,000,000 shares to be issued to capitalize on it? The company could do a 10 for 1 reverse split so that there would only be 500,000 shares outstanding after the split. The company is still authorized to issue 10,000,000 shares. Now that there are only 500,000 shares outstanding it can issue an additional 9,500,000 shares. Before it could only issue another 5 million since it had 5 million shares outstanding. The company at this point probably doesn't care that the price is substantially lower since it has more shares to issue to make up for the loss in price.
In these cases, investors end up losing a majority of their investment after a reverse split. If you're holding penny stocks or have a penny stocks to watch list, be aware of reverse splits as they can dramatically affect the value of a stock.
Article Source: http://EzineArticles.com/4734546
How about Gregg then??
Yep...Not Released...just talked about..
My thoughts are that they are selling off bits of the Company to others..like the guy in the video..Paul Talbot...and maybe that's a good thing or maybe more dilution...if "audited" Fins are provided...which I'm a bit on the "they won't be produced soon" side of this..that will tell..the suppression/ gag order of outstanding shares and the fact they haven't been able to at least get off the big Stop Sign level kind of sends a signal..to which quite a few here turn a blind eye to..and hoping to score big...and there is always that chance...so like some else just said...it is what it is...hype, pump, fact or fiction...something will break left or right soon enough....JMHO
Reading this Post......
"At the Meeting, the Company will discuss the status of its independent financial audit and its plans to transition to fully reporting status under the Securities Exchange Act of 1934 as well as the following matters:"
It could appear by the above statement "discuss the status" the the Fins are not even done....or that they are going to explain off whatever is not done or might not be favorable and how they are going correct it "in the Future" I am guessing that if the Fins were positive...they would already have announced them prior to a reverse split to get the PPS up...JMHO
Yes...so is Keefe, Jemcor, Swanson, Touchpay, Canteen, GTL, mytechfriends, Turnkey and several others...not to mention all the gov payment vendors...Ncourt, Tyler, Govpay and many others...ez is not the only game in town...lots of players in the market...just google and see...I did...good luck....
Nope you can't...and no idea what you are talking about with Global...
What happened at Mendocino Co Calif...looks like they are no longer a client....
Although common shareholders are often entitled to a vote for many major company decisions, a board of directors may pursue a reverse stock split without shareholder approval, according to US regulation.
A consequence of a reverse stock split is that minority shareholders might lose a position in a stock altogether. If the value of a small investor's position is not enough to sustain a reverse split, the investor will receive cash for the shares. Although common shareholders are often entitled to a vote for many major company decisions, a board of directors may pursue a reverse stock split without shareholder approval, according to US regulation.
February 02, 2012 05:00 | Source: Continental Prison Systems, dba EZ Card & Kiosk
IRVINE, Calif., Feb. 2, 2012 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), dba EZ Card & Kiosk, announced today that the release last week of the CPSZ financial statements did not include the results of operations of its wholly owned subsidiary General Payment Systems, Inc. (GPSI). The company is presently compiling the GPSI financial statements and anticipates the release of unaudited information within the next 30 days.
CPSZ, the industry leader in offering financial transaction services to the correctional and judicial markets in the US, launched GPSI in 2011, as a wholly owned subsidiary, in order to focus and concentrate on the special needs of "alternative payment" financial transaction services and expand into the court, probation, municipal police, healthcare, child support, educational and public utilities markets.
For additional information about EZ Card and Kiosk solutions, please visit our website at www.ezcardandkiosk.com.
Hey...ask Kurt about his and Dan Foleys play with this company...
http://investorshub.advfn.com/Ideal-Financial-Solutions-Inc-IFSL-6555/
Do you know anything about Kurt Divich...Is he involved in this mess??
I've already called The Calif licensing board..I'll call some sites in Calif, maybe Colorado as well..
Let's see...it's Sunday...and I doubt that anyone in their Administration is in Today....So yes, tomorrow it is...
It's not what I've heard..so I'll call a few sites tomorrow to confirm what I've already been told...I'll for sure let you know what I found out....
Here's an example: Call this number and ask if EzCard is either licensed directy with the state or working under someone else's license..very simple and easy to do...I did...
Consumer Services Office
Department of Financial Institutions
1-800-622-0620
Like I said..you have to call the regulating agencies and ask...as most know CPSZ was asked to get a money transfer license in NY and they didn't...also just look at the other players in the marketplace..they are licensed...JPay, Touchpay, Keefe, GovPay...all doing the same business...
Ok..I don't give a rip if u believe me or not..but for those parting with their $$ should at least know the facts...so either call the Licensing Agency and ask the questions..or place your hands over your eyes and ears and choose to not look at it...
Why not check with the licensing agency to see if CPSZ is required to be licensed...pretty simple..that's what I did...