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SmallCapReview News
New
Focus Stock: Morgan Beaumont (MBEU)
' With
the agreements now in place, Morgan Beaumont has the inside track to become the
largest retail provider of sub-prime banking instruments in the country.'
Website:
www.morganbeaumont.com
MBEU Investor Highlights
- As current load station network technology
does not have a true real time Patriot Act compliance capability, MB's
technology is increasingly being adopted by Industry because it is readily
available, elegant and offers unique advantages over other solutions.
- Morgan Beaumont recently announced a contract
with IPrepay (Radiant Holdings) the 3rd largest prepaid calling card issuer
in the US.
- Morgan Beaumont has already put in place deals
with Merrick Bank, Wildcard, Blackstone and Urban Network amongst others.
- If Morgan Beaumont only has one active card
customer each year from every load station brought online through the
Radiant deal alone, MB should produce at least two million of revenues in
the first year! This is enough to cover the basic operating costs of the
company and does not consider soft processing fees or any additional
business under this contract or others. In other words, Morgan Beaumont
already has enough business with this one contract to keep going even if
management does not bring in another deal!
- With the agreements now in place, MB has the
inside track to become the largest retail provider of sub-prime banking
instruments in the country. Coupled with the fact that Morgan has the soft
processing component in place also, Morgan is the ideal take-over candidate
for a major banking institution that wants to broaden its portfolio and
enter the extremely profitable sub-prime banking space.
- In 2003, for the first time in the U.S., debit
card transactions exceeded credit card transactions for traditional banking
customers.
Overview
Morgan Beaumont (MBEU), a premier provider of
debit and stored value technology solutions, has a proprietary national
technology platform at the right time and place for the surging growth in
debit/stored value card issuance into the sub prime consumer marketplace. The
sub prime market is large, growing and very profitable and in the early stages
of a major transition as debit/stored value card issuers (banks) begin
aggressively marketing financial products to sub prime consumers.
More
on MBEU...
Recent News and Press
Releases
Morgan
Beaumont, Inc. Announces Rollout of Load Station and Merchant Terminal Program
to Business Members of Barter Exchanges
Morgan
Beaumont, Inc. Announces Two New Directors
MORGAN
BEAUMONT INC Files SEC form 8-K/A, Other Events
Morgan
Beaumont, Inc. Announces Contract with The Urban Network
MORGAN
BEAUMONT INC Files SEC form 8-K/A, Other Events, Financial Statements and
Exhibits
Morgan
Beaumont, Inc. Announces Contract With IPrepay Inc.
MORGAN
BEAUMONT INC Files SEC form 8-K, Entry Material Agreement, Change in Assets,
Change in Accountant, Change in C
Morgan
Beaumont, Inc. Load Station Network Expands to 16,000 Nationwide
Morgan
Beaumont, Inc. Expands Operations
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