Financial Access Solutions

[goldvision]

Interesting post over at hotstockmarket.com on FLST:
http://www.hotstockmarket.com/forums/showthread.php?t=34669&page=45&highlight=flst


At the current price of .036, the buyout would mean an appreciation of almost 280% in 2 weeks. FLST executives and shareholders will have an opportunity in less than 2 weeks to decide whether to get 10 cents or to let the stock freefall and keep their bag of worthless shares with no investors’ interest. FLST may be worth more than the buyout price based on its achievements and revenues, but it may take years, millions of dollars, and much luck to unlock this value and attract serious investment attention. Turning down this offer will be suicide and will result in lost appreciation, lost time, and lost opportunities to invest elsewhere. Does anyone believe that FLST will stay at .036 when May 2nd comes around? Just what would happen if FLST does stay at .036 when May 2nd is here? I have my answer and some money on it that these executives are not going to vote no when no may spark an exodus that may send this thing spiraling down into the subpennies. However, I still think that there is a reason for why the executives put off the decision date to 1 month away. FLST’s public releases have been indicating that it is growing rapidly and that its products are essential and are used by thousands of businesses every day. The delay may suggest that they may have a few surprises that may catapult this stock to 10 cents and maybe more. If you were to review the highlights over this past year, you would see that this company has had tremendous growth. Many small investors might have missed it, but not the deep pockets who have been ordering or in the process of ordering this service from FLST. Puma Access has been eye balling this stock all along and seized this great opportunity when the stock is trading weakly to acquire something essential at a huge discount.

4/15/05
This agreement allows for DM2 Technology to deploy ATMs utilizing Open Solutions Canada's banking switch. The revenue stream for DM2 will be derived from the surcharge per ATM transaction. The first deployment of the ATMs begins the week of April 18, 2005. The company plans for 100 ATMs in the first phase of deployment.

5/26/05

CPCDIT has over 6,000 taxis under their membership. There are 3,000 of these taxis that are not equipped with a wireless POS terminal at the present time. Under this agreement the membership will contract with DM2 for their wireless POS terminals and to process their credit card, debit card, bank card transactions for these remaining taxis.
Historically, a wireless terminal in a taxi has averaged 200 transactions per month. This agreement will translate to DM2 processing 600,000 transactions a month and 7,200,000 transactions a year from these wireless terminals alone

6/9/05
Financial Access Solutions Technology is positioning itself to be a global leader in the debit and credit card processing industry through its aggressive growth strategy and by continuing to pursue alliances and partnerships with other leading companies that share its corporate vision. DM2 has concluded various agreements with several industry leaders and retailers such as Rogers, MasterCard International, Open Solutions, TelePlus and EasyHome.
Financial Access Solutions Technology's continued growth and rapid expansion is fueled by its growing reputation as an industry leader and by the rising choice by consumers to use debit cards and credit cards versus cash for all their purchases. Financial Access Solutions Technology sees further expansion not only in Canada but throughout North America.
8/30/05
Under the terms of the acquisition, Financial Access Solutions Technology will issue 30 million shares in a share exchange and Car-Tel Distribution becomes a wholly owned subsidiary of Financial Access Solutions Technology. ``This acquisition is both strategic and financially rewarding for our shareholders as the financial consolidations of our subsidiaries will see over $30 million CDN in sales added and experience management resources needed to continue the growth,'' said Tony Papa, Financial Access Solutions Technology's President and CEO.

9/20/05
``We have already received several inquiries for large orders of the cards and we expect to receive large purchase orders in October of this year,'' further added Mr. Papa.

1/31/06
Financial Access Solutions Technology (Other OTC:FLST.PK - News) a technology provider, specializing in point-of-sale, card products and transactional software solutions for North American merchants announced that it has successfully launched its Xcard at more than 6,800 locations in Canada.

According to our financial projections, 250,000 Xcards each represents $9.95 in recurring monthly revenue and total annual revenue of over $30 million for the company and our sales trend indicate that we could have over 250,000 cardholder within the next 36 months," further added Mr. Papa.

3/31/06
The Officers of FLST and its board of directors recommend the acceptance of the purchase offer, which represents a significant premium to the current and recent trading levels.