Consorteum Holdings, Inc. (CSRH)

[rose]

Profit to the North. Gotta love it

[protostars]

It sounds like they are going after the whole world.

[rose]

These guys are like a web forming. One can just watch it forming for a huge profit potential.

[protostars]

They're positioning themselves in the middle of worldwide transaction processing.
That can't be bad.

[mrsfelix06]

It sounds like from the past statements that there is allot of long-term projects moving forward.

[protostars]

And most of them appear to be international in scope.

[mrsfelix06]

Hopefully that means more profit if its going internationaly

[QualityStocks]

Consorteum Holdings, Inc. (CSRH.OB) Grows Its Role as Key Player in Payments and Transaction Processing Industry

In a world of grand and often exaggerated mission statements, Consorteum Holdings Inc. has a simple but impressive business strategy: to continually build on its extensive expertise in the payments and transaction processing industry around the world. The company aims to increase revenues in its current markets, as well as enter new markets, by delivering unique transaction and payment products and services.

A major new part of this plan was revealed recently with Consorteum’s announcement that it has created a new division within the company, focusing on providing financial services to consumers and employees in both the public and private sectors. The Financial Services Division is designed to enable Consorteum to better offer the following:

• Point of Sale Terminals
• ATMs
• Merchant Discount Rates
• Prepaid Credit Cards
• Gift Cards
• Payroll & Benefits Cards
• Loyalty & Reward Programs
• Project Management Services

Consorteum has already established key relationships with major processors, point of sale providers, financial institutions, issuing banks, credit card associations, and several important technology providers, all of which will support operations of the new division. Related partnership agreements will be announced in upcoming weeks.

Company President and COO, Quent Rickerby, stated, “Consorteum generates recurring transactional revenues on every program we implement. By maintaining full control of all products and services launched, Consorteum is enabled to increase its revenue opportunity by an additional 10 to 15 percent. All of our programs establish a direct long-term relationship with our customers by providing them robust, secure and reliable solutions. Consorteum will continue to expand our list of new and innovative products and services to our customer base that will drive increased revenues for the company.”

The head of the new division will be formally announced soon, but is a leading expert within the banking and transaction processing industry, bringing over 25 years of experience.

[rose]

Look out VISA and AmX

[protostars]

I think Consorteum will actually benefit all of the existing players, by providing consumers and merchants with more options, and more incentive to get in the game.

[mrsfelix06]

"established key relationships with major processors" What major processors? Any hints?

[rose]

Agreed. Transaction costs are a huge gripe of merchants

[protostars]

They have working relationships with various banks, card companies, and with technology providers.

[QualityStocks]

Consorteum Holdings Inc. (CSRH.OB) Updates Investor Community

Consorteum Holdings, Inc. (OTCBB: CSRH) this morning issued a corporate update to investors concerning its business activities. Over the last 60 days, the company has engaged in several meetings and presentations with various corporations, private and public, to further the development of its Card Programs, Merchant Discount Rates and new Joint Venture business relationship. Through these meetings, Consorteum has identified several new key business opportunities that will lead to increased revenues in 2010-2011.

As previously announced, the company has signed a joint venture agreement with Trans Screen Group. Through this joint venture relationship, the companies aim to expand into markets outside North America targeting new opportunities in India, Africa, Russia, Latin America, Thailand and China for payroll-benefits cards, loyalty programs, gift cards, payment transaction processing and several other value-added services. With established business relationships within these countries, Trans Screen Group will leverage Consorteum’s expertise to provide financial services to their existing partners.

Consorteum has also been in discussion with other companies within the payroll industry to develop new payroll card programs. With proposals presented, the company will continue to develop these relationships to reach the deployment phase.

Additionally, the company announced that “My Golf Rewards” has finalized its pilot program over the summer, completing all testing and platform development. Their next objective is to add 20 new golf courses to the program in early 2010. Consorteum is also planning to further expose the My Golf Rewards program to golf course owners and end consumers through trade shows and industry publications.

The company continues to explore adding industry professionals and experts who have experience in the areas of banking, credit card issuance, payment processing, rebates and payroll. Currently, Consorteum is looking to expand its Board of Directors and Board of Advisors with financial services industry experts and senior executive level professionals running successful and profitable organizations. The company will provide further information to its shareholders and the investment community within the next 30 days.

[rose]

Like the geo and prod. diversity

[protostars]

Indeed. They're one of the most diverse companies around, with more to come.

[rose]

In my part of the US Basil is huge for sending cash home. Now with Rio on the stage for the Olympics it will only grow

[mrsfelix06]

Your right about that. I they are really diverse, looks like they are focused globally, not just in one area.

[protostars]

Everything is global today.

[rose]

The opportunity is huge