I challenge anyone to prove that they are cash flow positive! Hell, they are even behind in the end of year site goals! Thay are at 50 installations now?
Hey I remember a post about the demand for Kiosks:"To date, the company has delivered 150 kiosks and has orders for 40 more."
There goes at least $5 million in expenses. (conservative)
Also how much are they paying out each month for 25 employees?
At the federal minimum wage they would pay out $32,000. LOL, fat chance.
About General Payment Systems, Inc (GPSI)
Headquarters: Irvine
Founded: 2008
Formerly known as: General Payment Systems, Inc
Symbol: GPSI
CEO: Ron Hodge
Employees: 25
ANYWAY, I WILL SIT BACK AND WATCH MY LAST BLOCK TURN INTO DUST
GOOD LUCK TO ALL! AND TO ALL A GOOD NIGHT!