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Re: eleniak post# 41770

Thursday, 02/12/2015 4:47:44 PM

Thursday, February 12, 2015 4:47:44 PM

Post# of 45504
Agreed that the only thing that Securas is buying is the jail revenue (today). But, that doesn't mean Secuas wouldn't be a potential acquirer of GPSi in the future and that is exactly what I was communicating.

Jails and courts are tied together in some operational issues and there is an argument for synergistic application for both. For example- If a kiosk is in a jail lobby and it's open 24 hours a day 7 days a week, why wouldn't Securas want a payment button on that kiosk that takes speeding tickets which are typically paid at the court building. They could share in that transaction fee and have the convenience of accessibility that may be limited paying at the court building. This goes for dozens of other payments too.

Wouldn't it be interesting if they put an MJ button on the jail kiosk in states that are legalizing it? The jail lobby also provides additional security as it's less likely to get robbed than another location.

There are merits to the concept that keep me intrigued, they just need to run the company properly.