Mutual Merchant Services, Inc. (fka MUTM)

[WhisperingEye]

Master DD for MUTM Read.


Company Description
Contact Info
516 Pennsfield Place

Suite 205/207

Thousand Oaks, CA 91360

United States

Phone: [phone]

Fax: [phone]

www.mutualmerchantservices.com Mutual Merchant Services, Inc. provides various financial products and services to merchants, financial institutions, and banks. It offers credit and debit card acceptance, check guarantee, check verification, check conversion, check 21, advance funding, ACH check processing, and prepaid and bill pay services. Mutual Merchant also provides point of sale software, hardware, and e-commerce products. The company, formerly known as Sage Global Solutions, Inc., is based in Thousand Oaks, California.


Mutual Merchant Services, Inc. Announces Annual Run Rate of $83 Million
Market Wire, October, 2008
12Next ..Mutual Merchant Services (PINKSHEETS: MUTM) (German WKN# A0Q8CV) today announced that, based on its last three months performance, the Company is operating an annual run rate of $83 million in processing volume.

"It is our goal to achieve an annual processing volume run rate of over $200 million by the end of 2009," said Gil Gillis, CEO of Mutual Merchant Services. "We will achieve this by developing strategic relationships in several key niche markets. I look forward to announcing several additional strategic marketing alliances in the coming weeks."

Related Results
Mutual Merchant Services, Inc. Targets Resort, Gaming and Food and Beverage...
Mutual Merchant Services, Inc. Forms Marketing Alliance With Joe Gatlin to...
Mutual Merchant Services Expands Processing Services to Medical Industry
Tempco, Inc. Announces Non-Binding Letter of Intent With The Program, LLC
The Company nationwide network of Independent Sales Offices (ISOs) is currently signing an average of 47 new merchant accounts per month. In addition to processing fees, Mutual Merchant Services generates significant incremental revenue (33% of total revenue) on equipment sales, leasing and membership fees.

About Mutual Merchant Services

MUTM is a single source provider of financial services, offering a variety of products and services to merchants, financial institutions, and banks. Services offered include credit and debit card acceptance, check guarantee, check verification, check conversion, check 21, advance funding, ACH check processing, prepaid and bill pay services. MUTM also provides point of sale software, hardware, and e-commerce products.

Forward-Looking Statements

This release includes "forward-looking statements" from the Company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

http://findarticles.com/p/articles/mi_pwwi/is_200810/ai_n30898761/




Hey does anyone realize that this company is trading and moving.. And it took 2 years to get down here.. And now 850million shares were bought on the .0003 range. And now after this build off .0001 I am wondering if there is a lock and now this has completed a full bottom and is stratign to retrace back up to one of it's highest peaks. $1.50 is the highest. There are many in between. If you actauly look up MUTM there is not much and everything is out dated. Follow the charts and this was 1 of the strongest trading stocks. With very strong moves. Sometimes Dreams come true. Look for DD on MUTM theres not much.. But what you do find all points to a massive revenue because they deal with credit cards. And everyoen uses credit cards now a days. Imagine if the U.S. Got rid of money this company would reap in the benifits.


Heres my charts.

http://stockcharts.com/h-sc/ui?s=MUTM&p=D&yr=3&mn=0&dy=0&id=p94037906082