ICRD International Card Establishment Inc. featured news, full reports, and detailed charts
International Card Establishment Inc. (ICRD/ICRD.OB) Wrap Up:
International Card Establishment, Inc. engages in the provision of credit and debit card-based payment processing services, as well as gift and loyalty products to small merchants and independent sales organizations in the United States. The company’s payment processing services enable the merchants to process traditional card-present or swipe transactions, and card-not-present transactions. It primarily establishes merchant accounts for businesses that enable those businesses to accept credit cards, debit cards, and other forms of electronic payments from their customers; supplies the necessary card readers and other point-of-sale transaction systems; facilitates processing for the accounts...www.cardnetone.com
23 Employees
International Card Establishment Inc. (ICRD:OTC Bulletin Board Market)
LAST $0.02 USD
CHANGE TODAY -0.002 -8.70%
VOLUME 113.3K
As of 1:40 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of International Card Establishment Inc. (ICRD)
|
OPEN
$0.02
|
PREVIOUS CLOSE
$0.02
|
|
|
DAY HIGH
$0.02
|
DAY LOW
$0.02
|
|
|
52 WEEK HIGH
04/2/09 - $0.14
|
52 WEEK LOW
11/4/09 - $0.02
|
|
|
MARKET CAP
753.4K
|
AVERAGE VOLUME 3 mo
19.1K
|
|
|
DILUTED EPS TTM
--
|
SHARES OUTSTANDING
35.9M
|
|
|
ICRD Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
ICRD Top Compensated Officers
Mr. William Lopshire
Co-Founder, Chief Executive Officer, Presiden...
Age: 56
Total Annual Compensation: $179.8K
Ms. Candace Mills
Chief Financial Officer and Principal Account...
Age: 53
Total Annual Compensation: $73.9K
Mr. Kjell Nesen
Vice President of Operations
Total Annual Compensation: $179.8K
Mr. Dana E. Marlin
General Manager
Total Annual Compensation: $179.8K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for International Card Establishment Inc. (ICRD)
International Card Establishment Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/17/2009
International Card Establishment Inc. announced earnings results for the third quarter and nine months ended September 30, 2009. For the quarter ended September 30, 2009, the company generated net revenue of $1,394,161, as compared to net revenues of $1,855,281 for the quarter ended September 30, 2008. Net loss was $22,576 or $0.00 per share versus a net loss of $17,437 or $0.00 per share for the quarter ended September 30, 2008. EBITDA was positive at $55,108 for the third quarter. For the nine months ended September 30, 2009, the company reported net revenues of $4,320,450 versus $5,742,195 in net revenues for the comparable period a year ago. The company reported a net loss of $286,255 or $0.01 per share versus net income of $32,279 or $0.00 per share for the nine month period ended September 30, 2008. The economic environment took its toll on top line in the third quarter and throughout 2009, as a sharp slowdown in consumer spending, especially associated with credit cards, tighter credit policies and outright store closings put a damper on revenues. EBITDA was negative at $29,693.
International Card Establishment Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2009
08/14/2009
International Card Establishment Inc. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter ended June 30, 2009, the company generated net revenues of $1,408,574 as compared to net revenues of $1,946,234 for the quarter ended June 30, 2008. For the quarter ended June 30, 2009 and June 30, 2008, the company reported a net loss of $196,146 or $0.01 loss per share and net income of $55,262 or $0.00 per share, respectively. For the six month period ended June 30, 2009, the company reported revenues of $2,926,288 and net loss of $263,680 or $0.01 loss per share, as compared to revenues of $3,886,913 and a net income of $49,717 or $0.00 loss per share for the comparable year ago period.
International Card Establishment Inc. Reports Earnings Results for the First Quarter Ended March 31, 2009
05/22/2009
International Card Establishment Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net revenue of $1,517,714 and a net loss of $67,536 or $0.00 per share versus net revenue of $1,940,679 and a net loss of $5,545 or $0.00 per share for the comparable year ago period. Net revenues decreased by $422,965 due mainly to the poor economy, as well as continued attrition of merchant accounts and tighter credit policies.
ICRD Competitors
| Company | Last | Change |
| Global Payments Inc | $49.87 USD | +0.03 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ICRD | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 1.1x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
ICRD |
||
|
ICRD transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About International Card Establishment Inc.
More news for ICRD
International Card Establishment Reports Third Quarter, Nine-Month Results
CAMARILLO, CA--(Marketwire - 11/17/09) - International Card Establishment, Inc. (I.C.E.) (OTC.BB:ICRD - News) today announced its third quarter and nine month results for the period ended September 30, 2009. For the quarter ended September 30, 2009, the company generated net revenue of $ 1,394,161, as compared to net revenues of $ 1,855,281 for the quarter ended September 30, 2008. For the quarter ended September 30, 2009, the company reported a net loss of $ (22,576) ($ 0.00 per share) versus a net loss of $ (17,437) ($ 0.00 per share) for the quarter ended September 30, 2008. For the nine months ended September 30, 2009, the company reported net revenues of $ 4,320,450 versus $ 5,742,195 in net revenues for the comparable period a year ago. For the first nine months of 2009, the company reported a net loss of $ (286,255) of ($ 0.01 per share) versus net income of $ 32,279 ($ 0.00 per share) for the nine month period ended September 30, 2008."The economic environment took its toll on our top line in the third quarter and throughout 2009, as a sharp slowdown in consumer spending, especially associated with credit cards, tighter credit policies and outright store closings put a damper on revenues," said William Lopshire, CEO, I.C.E. "However, our new marketing model, LIFT, has taken advantage of this opportunity by introducing unique promotional strategies available to merchants through our LIFT Network that supplement or replace traditional advertising such as print and other media at a fraction of th...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. References in this section to "International Card Establishment, Inc.," the "Company," "we," "us," and "our" refer to International Card Establishment, Inc. and our direct and indirect subsidiaries on a consolidated basis unless the context indicates otherwise. This interim report contains forward looking statements relating to our Company's future economic performance, plans and objectives of management for future operations, projections of revenue mix and other financial items that are based on the beliefs of, as well as assumptions made by and information currently known to, our management. The words "expects, intends, believes, anticipates, may, could, should" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements set forth in this section are intended to emphasize that actual results may differ materially from those contained in any forward looking statement. Our Management, Discussion and Analysis ("MD&A") is provided as a supplement to our financial statements to help provide an understanding of our financial condition, changes in financial condition and results of operations. The MD&A section is organized as follows: o EXECUTIVE SUMMARY, OVERVIEW AND DEVELOPMENT OF OUR BUSINESS. These sections provide a general description of the Company's business, as well as recent developments that we believe are important in understanding our results of operations as well as anticipating future trends in our operations. o CRITICAL ACCOUNTING POLICIES. This section provides an analysis of the significant estimates and judgments that affect the reported amounts of assets,...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
International Card Establishment Reports Second Quarter Results
CAMARILLO, CA--(Marketwire - 08/14/09) - International Card Establishment, Inc. (I.C.E.) (OTC.BB:ICRD - News) today announced its second quarter 2009 results. For the quarter ended June 30, 2009, the company generated net revenues of $ 1,408,574 as compared to net revenues of $1,946,234 for the quarter ended June 30, 2008. For the quarter ended June 30, 2009 and June 30, 2008, the company reported a net loss of $(196,146) ($0.01 loss per share) and net income of $55,262 ($0.00 per share), respectively.For the six month period ended June 30, 2009, the company reported revenues of $2,926,288 and net loss of $263,680 ($0.01 loss per share), as compared to revenues of $3,886,913 and a net income of $49,717 ($0.00 loss per share) for the comparable year ago period."Although we recorded a loss for the second quarter, which was caused by an extremely poor economic climate and significant investments in our LIFT and Internet marketing programs, we are pleased with the exceptional performance of our LIFT program, which has continued to add significant number of merchants to our customer list," said William Lopshire, CEO, I.C.E."In response to a rapidly deteriorating economic environment -- our credit card processing revenues have experienced month-over-month declines for the past year -- we shifted our marketing strategy from a fixed term contract for our LIFT program to a month-to-month offering, and increased our overall margin. While we were initially concerned that this would add to attrition, we have lost very fe...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. References in this section to "International Card Establishment, Inc.," the "Company," "we," "us," and "our" refer to International Card Establishment, Inc. and our direct and indirect subsidiaries on a consolidated basis unless the context indicates otherwise. This interim report contains forward looking statements relating to our Company's future economic performance, plans and objectives of management for future operations, projections of revenue mix and other financial items that are based on the beliefs of, as well as assumptions made by and information currently known to, our management. The words "expects, intends, believes, anticipates, may, could, should" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements set forth in this section are intended to emphasize that actual results may differ materially from those contained in any forward looking statement. Our Management, Discussion and Analysis ("MD&A") is provided as a supplement to our financial statements to help provide an understanding of our financial condition, changes in financial condition and results of operations. The MD&A section is organized as follows: o EXECUTIVE SUMMARY, OVERVIEW AND DEVELOPMENT OF OUR BUSINESS. These sections provide a general description of the Company's business, as well as recent developments that we believe are important in understanding our results of operations as well as anticipating future trends in our operations. o CRITICAL ACCOUNTING POLICIES. This section provides an analysis of the significant estimates and judgments that affect the reported amounts of assets,...Click here to read the whole Article (external link)
International Card Establishment Reports First Quarter Results
Expired Yahoo - Document Has Expired/iw/090522/0503911.html Options that might be of interest: Go to the Yahoo! home page. Go to the Yahoo! Finance home page. Go to the Yahoo! Loan Center. Go to the Yahoo! Insurance Center. Other resources: Message Boards - Stock Chat - Finance Clubs ...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. References in this section to "International Card Establishment, Inc.," the "Company," "we," "us," and "our" refer to International Card Establishment, Inc. and our direct and indirect subsidiaries on a consolidated basis unless the context indicates otherwise. This interim report contains forward looking statements relating to our Company's future economic performance, plans and objectives of management for future operations, projections of revenue mix and other financial items that are based on the beliefs of, as well as assumptions made by and information currently known to, our management. The words "expects, intends, believes, anticipates, may, could, should" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements set forth in this section are intended to emphasize that actual results may differ materially from those contained in any forward looking statement. Our Management, Discussion and Analysis ("MD&A") is provided as a supplement to our financial statements to help provide an understanding of our financial condition, changes in financial condition and results of operations. The MD&A section is organized as follows: o EXECUTIVE SUMMARY, OVERVIEW AND DEVELOPMENT OF OUR BUSINESS. These sections provide a general description of the Company's business, as well as recent developments that we believe are important in understanding our results of operations as well as anticipating future trends in our operations. o CRITICAL ACCOUNTING POLICIES. This section provides an analysis of the significant estimates and judgments that affect the report...Click here to read the whole Article (external link)
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 8-K, Non-Reliance on Previous Financials, Audits or Interim Revie
ITEM 4.02 NON RELIANCE ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS OR RELATED AUDIT REPORT OR COMPLETED INTERIM REVIEW. On May 31, 2008, the management of International Card Establishment, Inc. (the "Company") concluded that its financial statements for the year ended December 31, 2007, which are included in its Form 10-KSB and its Form 10-KSB/A for the year ended December 31, 2007 and its financial statements for the quarters ended March 31, 2008, which are included in its Form 10-Q for the quarter ended March 31, 2008, did not properly disclose the detail of our related party line of credit activity on our Statement of Cash Flows in accordance with the United States Generally Accepted Accounting Principles ("GAAP"), and, as a result the Statement of Cash Flows for December 31, 2007, cannot be relied upon. The above-mentioned error reflected certain disclosure errors in the Company's policies and procedures to ensure accurate and reliable annual and interim consolidated financial statements. Specifically, we lacked (i) sufficient personnel with the required technical accounting and SEC financial reporting experience relating to our business to enable us to maintain adequate controls over our financial reporting and processes which control deficiency resulted in our recording certain adjustments prior to the issuance of our annual financial statements for the year ended December 31, 2007 and interim consolidated financial statements for the three months ended March 31, 2008; and (ii) policies and procedures requiring a detailed review on a timely basis of underlying information supporting amounts included in the interim consolidated financial statements and disclosures. As a result of the aggregation of these significant deficiencies, the Company has concluded that a material weakness exists for the year ended December 31, 2007 and for the three month period ended March 31, 2008. The...Click here to read the whole Article (external link)
LIFT Network Launches Mobile Marketing Solution, Proprietary Marketing Service Using Mobile Phone Text Messages to Increase Merchant Sales
TAMPA, FL--(MARKET WIRE)--Apr 7, 2009 -- LIFT Network, a division of International Card Establishment, Inc. (I.C.E.) (OTC BB:ICRD.OB - News), today announced the release of Mobile Promotions, which enables merchants to send text alerts, coupons or messages directly to its customers' mobile phones, notifying them about special sales, discounts, and other value-added services. Here is how it works: (1) a merchant subscribes to Mobile Promotions; (2) using LIFT's proprietary software, the merchant, either alone or in conjunction with a LIFT representative, creates a custom text messaging marketing campaign; and (3) Text messages are sent to a list of customers that have opted to receive promotional offers. See for yourself: Text to 59925, keyword: Launch.Text message campaigns to mobile phones provide businesses -- regardless of size -- with an easy-to-use and very cost effective way of communicating, connecting and informing customers about special business offers. Text messaging is rapidly becoming the alternative means of marketing. LIFT's proprietary, web based messaging software includes interactivity features that are unique and assure that all mobile message campaigns comply with regulations concerning text messaging.More than 11 billion text messages are sent monthly in the U.S. today, up 279 percent from the 2.9 billion sent in 2004. Indeed, other than talking, the most popular use of the cell phone is text messaging, done by 38 percent of owners; according to the Mobile Marketing Association.The diversity of LI...Click here to read the whole Article (external link)
Would you like to leave a comment about International Card Establishment Inc. ICRD/ICRD.OB
Find out what social network information about International Card Establishment Inc. are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides International Card Establishment Inc. there is more great information available at Realpennies.com