Pink Sheets: Money Centers of America Inc. (MCAM) news stock charts
Money Centers of America Inc. (MCAM/MCAM.PK) Penny Investment Summary:
Money Centers of America, Inc. offers cash access services, transaction management systems, and financial networks to the gaming industry. It provides facilitation, processing, and execution of automatic teller machine, credit card advance, point of sale debit, check cashing, stored value, marker, and merchant card services directly to casino patrons on an outsourced services contract. As of December 31, 2007, the company had contracts to provide cash access services in 18 locations in California, Nevada, New York, New Mexico, Wisconsin, Louisiana, and Washington in the United States. It offers OnSwitch, an enterprise payment processing solution that facilitates casinos and other gaming facilities to internalize the processing of transactions, such as merchant card processing, private label credit/debit cards, stored value for players? club and payroll requirements, and ticket redemption; and Omni Network, a shared credit data and gaming network. Money Centers of America?s outsourced services include credit/debit card cash advance products that allow casino patrons to obtain cash from credit card, or checking account in the case of debit transactions through the use of company?s software and equipment; gateway services to national, regional, and international debit and credit networks; and creditplus credit services that consist elements, such as credit reporting, credit management, and credit guarantee. The company was founded in 1997 and is headquartered in King of Prussia, Pennsylvania.MONEY CENTERS OF AMERICA INC (MCAM:OTC)
Snapshot of MONEY CENTERS OF AMERICA INC (MCAM)
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OPEN
$0.0050
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PREVIOUS CLOSE
$0.01
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DAY HIGH
$0.0050
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DAY LOW
$0.0050
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52 WEEK HIGH
01/27/10 - $0.11
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52 WEEK LOW
08/4/09 - $0.0010
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MARKET CAP
158.8K
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AVERAGE VOLUME 10 D
10.9K
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EPS TTM
$-0.09
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SHARES OUTSTANDING
31.8M
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MCAM Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for MONEY CENTERS OF AMERICA INC (MCAM)
Money Centers of America Inc. announced the signing of 5 new customer contracts to install and provide cash access services and ONswitchT, its proprietary software solution that enables casinos to process their own transactions. The newly signed casino properties are spread across Oklahoma, Minnesota, New Mexico, and North Carolina. The unique flexibility of Money Centers' solution and its multiple deployment alternatives allow casino operators to individually determine and manage the gradual migration of third party cash access services to an in house solution over time thereby capturing significantly greater profits from cash access.
To discuss the company's recently filed results of operations, the deregistration of the company's common stock, and management's plans for continued growth
Money Centers of America Inc.'s common stock has been deleted from OTC Bulletin Board effective November 26, 2008 under the 34 Act. The company has been added other OTC.
Money Centers of America Inc. financial resources
MCAM Competitors
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| No competitor information is available for MCAM. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | MCAM | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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MCAM |
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MCAM transactions
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Private Placement
December 16, 2009 |
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Pink Sheets: More Recent Financial News About Money Centers of America Inc.
Money Centers of America Announces Strategic Investment
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Money Centers of America, Inc. Announces 5 New Locations for its Cash Access and ONswitch(TM) Solutions
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Money Centers of America, Inc. Announces 5 New Locations for its Cash Access and ONswitch(TM) Solutions
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Money Centers of America Announces Strategic Investment
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MONEY CENTERS OF AMERICA, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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