Significant pipeline of new business and opportuni Phase 1 is 35,000 cards = $256 million annual loads -Toronto City Service Benefits Card Contract Awarded to Selectcore Dec. 2011, executed Feb. 2012 ( 3 1/2 year term plus two - 1 year extensions )
Phase 2 is 50,000 cards = 75million annual loads - Shelter and housing Phase 3 is 300,000 cards = $110 million annual loads - Parks & Rec All
3 phases awarded to Selectcore Ltd Target 46 additional municipalities and so much more From a press release Oct 25,2011
Selectcore will monetize with HIGHER MARGINS Go back to 2011 and read every press release since and it tells the whole story,
1.Canada's First Reload Network Feb 2011
2.Green Dot Executive appointed as Senior Advisor April 2011
3.Excculsive deal for Iridium with Mastercard May 2011
4.Industry Chaning mobile remittance solution June 2011
5.Launches instant on-line reloads for Iridium M/C June 2011
6.Secures Trademark for Recash Aug 2011
7.Lauches first mobile Banking Appfor Iridium M/c Sept 2011
8.Launches Facebook social mobile remittance platform Oct 2011
9.Rank Fastest Growing Company in North america on Deoitte's 2011 Technology Fast 500 Oct 2011
10.Develops Point-of Sale Age Verification Software Oct 2011
11.Offers Domestic Mobile Top-up Platform October 2011
12.Acquires Canadian Payment processor Oct 2011
13.Adds Paypal to Social Time Facebook Platform Nov 2011
14.Offers third party gift cards Feb 2012
15.Appoints Prepaid Executive to Head Financial Services Division Feb 2012
16.Signs major Government Contract March 2012
17.Signs an agreement with 360incentives.com Mar 2012
18.Kevin Taylor appointed to Board of Directors Mar 2012
19.Retains Pilot PMR April 2012
20.Selectcore named one of CANADA'S LEADING TECHNOLOGY COMPANIES April 2012
21.July 17 awarded a multi- year government contract with the City of Toronto
Read all the release and stop listening to idiot bashers, this company will be a multi dollar stock very soon. DO YOUR OWN DD - ONLY SHORTERS AND MISGUIDED SOLES CAN SAY OTHER WISE- READ, Learn and understand SCG will Not be a penny stock for too much longer,
The above is just my opinion, govern yourself accordingly.
Always get the:
Point