Consorteum Holdings, Inc. (CSRH)

[mwest]

That is true armedical, you must be able to market your product if you hope to have any success.

[stockseeker30]

Can't help but think that the constant decrease in the unemployment rate is contributing to the decrease in the stock.

[armedical]

I wouldn’t be surprise if that were the case. I’m sure that they are feeling that pressure too.

[mwest]

especially for a penny stock of this nature to take roots it has to have the backing of the workforce.

[stockseeker30]

Workforce? what workforce?

[armedical]

Well it is almost non-existent. But we just have to work with what we have on hand.

[mwest]

Well we have to see just where Obama is taking everyone with his plan to bring more work back to the people, I am sure CSRH is watching eagerly as well.

[stockseeker30]

If anything CSRH will be great to take advantage while things are the way they are now, and millions of people cannot afford to keep their bank accounts open.

[mwest]

Such a true statement with all the fees and penalties, to have a bank account is now becoming a luxury.

[stockseeker30]

These payrol cards will allow everyone to go to places that only require credit cards.

[mwest]

Which is really everywhere nowadays.

[stockseeker30]

Especaially with pumping of gasoline, now banks allow the merchants hold crazy amounts on your card for days before it is released. Paying with a payroll card get's rid of that problem.

[QualityStocks]

Consorteum Holdings, Inc. (CSRH) Uses Card Technologies to Fill Gaps in Worldwide Financial Services

When Consorteum Holdings announced earlier that it was launching an innovative MasterCard® program, targeting the Canadian Aboriginal communities, it was a reflection of the company’s overall strategy to fill large gaps in the provision of comprehensive financial services to all segments of the population. In the case of the First Nations MasterCard Program, it was a major move to make life easier for a significant national community.

The card functions much like any MasterCard. Pre-loaded with authorized funds, it is available to anyone, and offers a more efficient and safer way to transfer funds to individuals than by issuing checks, which can be lost or stolen, and which can be difficult to cash if you don’t happen to have a local bank account. As with a regular MasterCard, purchases can be made virtually anywhere, with the amount of the purchase simply being deducted from the card’s balance. The card can also be used for obtaining cash at participating ATM machines.

From a larger perspective, Consorteum’s products represent the application of the latest digital technologies, together with key connections within the financial industry, to help companies and organizations more efficiently transfer payments and process transactions. Other applications include the development of customized loyalty programs for clients, where card technology is used to reward loyal customers, or providing healthcare patients with card-based systems for tracking and managing health records and transactions. The company also makes it easy for ship operators to pay international employees that require different currencies.

More than a simple financial service, it can change lives. It was perhaps best said by Rudy Youngblood, a Native American who has spent much of his life raising the profile of Native American communities throughout Canada and the United States: “This journey presents a once in a lifetime opportunity to be part of a program that will change history. This is something I have been fighting for all of my life and to provide the Tribal regions with access to a full suite of financial services is tremendously empowering.”

For more information, visit www.Consorteum.com

[armedical]

They are not only looking for people that don’t have regular checking accounts but in general people that need the ease of a credit card logo without actually having a credit card. They provide a service that can be used by people who travel, who want to give these cards to their teenager, or just want to have a controlled amount of money to spend.

[mwest]

Had one of those payroll cards once and loved it, hope CSRH can continue to bring awareness to this program.

[stockseeker30]

The really have their benefits and is a great option for any company hoping to save money and the environment at the same time by not having to continue to process paper checks.

[protostars]

Cards have proven an effective way to facilitate transactions, and Consorteum is simply exploring the edges of this technology. Of course the technology itself is still evolving, as gives evidence the new applications allowing mobile devices to fulfill much the same role as cards. Back in June Consorteum signed an agreement with Media Exchange Group (MXGI) and China Wireless Communications (CWLCD) to acquire all of the assets of Media Exchange Group, though don't know if that particular agreement ever came off. In any event, it shows they are looking at the future.

[mwest]

That is very true technology in the check processing field is ever evolving and new and more convienent ways are popping up.

[stockseeker30]

Ways that keep the cost down such as taking a picture of the check and having it deposited for you, but the thing is that the check is still being cut.

[mwest]

Stock remaining at this constant price, now just for it to rise up.