DAT'S A FACT JACK

[maninfla]

ACSJ, page 1

current homepage
http://www.ultima-cards.com/

gag on TA [company serves as own transfer agent]
2.4B common AS
600M preferred
255M common OS [as of 9/30/04]
---------------------------

company and officers history

all filings: [note: 1E, N54, REGDEX]
http://www.pinksheets.com/quote/filings.jsp?symbol=ACSJ

formerly MAXZ until 06/09/04
formerly ACSH until 08/25/04 [1 for 40 RS][fully capitalized @ 4.8B out of 5B AS]
http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=True&searchby=symb....

09/20/04 post RS DEF14C, increasing AS to 2.4B [122M OS]
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D04....

09/21/04 1E filing [indeterminate/stealth dilution?]

11/24/04 8K
CEO Walter H. Roder II resigns, remains a significant shareholder

roder history:
2 of 3 nevada corp revoked
http://sos.state.nv.us/ofcsrh3.asp

12/20/04 10Q, 255M OS as of 09/30/04
On August 3, 2004 the Company shareholders approved the proposal to allow the Company to adopt business development company ("BDC")A BDC is a specialized type of Investment Company primarily engaged in the business of furnishing capital and managerial expertise to companies that do not have ready access to capital through conventional financial channels

Our investment objective is to achieve long-term capital appreciation in the value of our investments and to provide current income primarily from interest, dividends and fees paid by our portfolio companies.

The Company funds new investments using cash through the issuance of common stockThe Company provides capital in the form of debt with or without equity features, such as warrants or options, offered referred to as mezzanine financing. In certain situations the Company may choose to take a controlling equity position in a company. The Company's private financing is generally used to fund growth, buyouts, and acquisitions and bridge financing.
the Company's management has no prior experience managing a business development company
The management team brings an extensive network of investment referral relationships

The Company has investments in 1 controlled (portfolio) Company as of September 30, 2004, American Card Services, Inc.
The Company currently owns 100% of the stock of American Card Services, Inc.
American Card Services, Inc. owns 100% of ACS Transaction Processing, Inc. a Delaware Corporation incorporated in August, 2003
ACS Transaction Processing had no business activity through September 30, 2004
American Card Services, Inc. owns 100% of ACS Sales, Inc. a Delaware Corporation incorporated in August, 2003. ACS Sales, Inc. had no business activity through September 30, 2004.
Cost = $0, Fair Market Value = $0

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D04....


David Eison, new CEO and pres
[senior VP of ACS]

James V. Sadrianna, CFO
[also CFO of TSBB/TSBI]
note filing history of TSBI
http://www.pinksheets.com/quote/filings.jsp?symbol=TSBI

former CFO/pres roland becker history:
9 nevada corp revoked
http://sos.state.nv.us/ofcsrh3.asp