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eleniak

05/31/14 11:59 AM

#38901 RE: sandls #38899

I don't have a clue but I know it's growing every month.
GPSI will be a $50 million company before it's a million dollar company.
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lawdog1

05/31/14 12:20 PM

#38904 RE: sandls #38899

It's hard to tell sandls, some sites have as many as 5 kiosks and now with the municipal contracts there has to be well over 300 kiosks out on the field. They are making lots of money online also sandls, I can't wait to see audited financials. I believe that eleniaks 50 million value might have been surpassed already. It's hard to put a price on the value of their software but an educated guess would be close to 20 million and then there is licensing rights in 6 states maybe another 25 million. It's tough to estimate. It should be interesting to see. GLTU

http://www.linkedin.com/pub/frank-hofmeister/27/841/b2
President & Board Member
General Payment Systems, Inc.
January 2010 – July 2011 (1 year 7 months) Buena Vista, CO

{Kiosk & Online Financial Transaction Services} Launched original business plans, pro forma financial projections, secured start-up capital, generated operating systems and new business development for this venture, serving the court and probation markets in the US with cash handling and financial transaction services via kiosks and online payment services. Oversaw the launch of a per-state “Licensee” program, generating over $7M in license fees to third-party business entities with exclusive rights in six states.