AmeriWorks Inc. (fka AWKS)

[Kobe Ginobili]

Past Microcap Headlines details on AWKS:
http://www.microcapheadlines.com/retrieve/retrieve.asp?cid=

BASIC INFORMATION


Contact: Louis Perosi
Phone: [phone]
Fax: [phone]
Email: [e-mail]
Website: ameriworks.net

Recent Stock Price: $0.06 on 11/8/11
Symbol: AWKS
Exchange: Pink Sheets
Industry Sector: Financial Services
Employees: 15



COMPANY HISTORY


AmeriWorks Financial Services, Inc. (“AWKS”) is a public Company traded in the OTC Market with the symbol AWKS. AWKS is a New Jersey Corporation, and is the surviving company in a merger on December 16, 2010 between American DebtWorks, Inc. a private Delaware Corporation and AWKS. The Company’s mission statement is to develop its DOT.chek system using a driver license to pay for goods and services at the point of sale and prevent fraud; market and sell its StaBILLity Payment Solutions program; market POS-University, an on-line training site and; build and expand its collection division.



COMPANY BUSINESS SUMMARY


AWKS has four important business divisions:

(i) DOT.chek Driver License Payment & ID System - a patent pending system to minimize consumer check fraud at the point of sale and allow payment using the driver license or State ID card to initiate a DOT-Chek transaction or virtual check. The system will eliminate the use of paper checks and requires consumers to pre-register in a data base and provide banking information that is linked to their driver license number.

(ii) StaBILLity™ Payment Solutions - www.stabilitypay.com and www.ezfinanceuse.com - This is a proprietary e-payment program for professional and non-professional businesses allowing consumers who have no credit or cash to pay for retail purchases by normal credit acceptance standards, the opportunity to establish a bankable relationship with participating Providers. This is accomplished through the consumer’s application and the calculation of up to 211 lifestyle parameters, generating a Client Profile and a recommended maximum alternative credit limit. StaBILLity™ was designed to target the approximately 70,000,000 Americans who are currently non-bankable and can be offered by participating doctors, hospitals, dentists, veterinarians and retail business establishments. The program is timely and is expected to be introduced on December 1, 2011.

(iii) POS University - www.cashiertraining.biz - This is a proprietary, on-line, point of sale training course for corporate employees and/or individuals seeking to be certified in counterfeit money, bad checks, and other point of sale techniques. AWKS developed and launched this cashier training site in March, 2011 consisting of ten chapters and a final exam. The training site was developed as a result of the Company’s collection experience with bad checks. The lack of legible and complete information on returned check items is a direct result of inadequate training of point of sale personnel. The Company plans to increase the marketing of this program in 2012.

(iv) Basic Collections - Through a propreitary software developed internally by the Company called DebtMaster, and a colection methodology developed by the Company over 7 years to collect consumer debt through a managed payment plan, the Company currently collects debt for 195 client companies including Shop Rite, NAPA Auto Parts, IGA Supermarkets, A&A Auto and many other well known companies.




TOP OFFICERS


Name
Title
Fiscal Year Pay
Biography
Louis Perosi President $30,000 View Biography
Matthew Perosi VP of Information Technology $28,000 View Biography
Glenetta Perosi Corporate Secretary $25,000 View Biography



COMPANY NEWS


12/7/2011 AmeriWorks Financial Services, Inc. Announces Launch of...
11/23/2011 AmeriWorks Financial Services Announces Filing of...
11/4/2011 AmeriWorks Financial Services, Inc. (AWKS) Announces...

View all news announcements for Ameriworks Financial Services, Inc.



INSIDER ACTIVITY


N/A




SHARE RELATED INFORMATION


52 Week High: $0.60 Total Shares Outstanding: 18,501,033
52 Week Low: $0.06 Public Float: 10,445,558
All time High: $0.60 Earnings Per Share: -
All time Low: $0.06 Book Value: _



FINANCIAL SNAPSHOT



Fiscal Yr
(Ends 12/2010)
Prior Fiscal Yr
(Ends 12/2009)
Recent Quarter
(Ends 6/2011)
Revenues $203,692 $106,735
Pre-Tax Earnings (Losses) ($248,207) ($44,646)
Total Cash $11,789 $4,532
Total Assets $51,994 $88,546
Total Liabilities $580,512 $524,764
Shareholders Equity ($528,517) ($436,217)



FUNDAMENTAL INVESTMENT HIGHLIGHTS


» The DOT.chek system is a unique, patent pending system that has no competition. The swipe fees from this system are comparable to fees received by credit card companies.

» StaBILLity Payment Solutions is ready for launch and represents a complete e-payment system that addresses the current credit restrictions faced by consumers and merchants in today's economic enviroment,

» POS-university.com is a training website that was launched in March, 2011 and the expanded marketing of this website in 2012 expected to drive unemployed individuals to obtain this training for only $39.95.

» The Company is a licensed and bonded collection company in seven states. The Company collects all forms of debt and is HIPPA certified to collect medical debt.

» The stock is undervalued and is held tightly. More than 30% of the float is held by minority shareholders with less than 500 shares.




Microcap Headlines' compensation is 1,600,000 shares of restricted stock and $10,000 representing a 12 month period as of 11/7/11