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Sage
Global Solutions Inc. (Pink Sheets: SGGL)
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Dear Reader,
The headline says it all...
Sage Global
Announces Acquisition and Major Corporate Changes
New Direction
to Provide Electronic Payment Solutions and Essential Financial Services
to Domestic and International Insurance Carriers and Underserved Consumer
Segments
the
full version of the press release is available HERE
An informational report “The Other Side of the Immigration Coin” focusing on economic aspects of the immigration issue in America has been
published by SmallCap Sentinel analyst D.R. Clark and is available
at www.ClarkReport.com.
The report is the first in an ongoing series addressing issues of importance
to investors of Latino-centric companies including payment processor Sage
Global Solutions (Pink Sheets:SGGL), which endeavors to service underserved
Hispanic consumers. The immigration issue is among the foremost discussions
in the national conversation, amplified even more so by the candidates
seeking the presidency. Companies that identify and successfully
market to the growing constituency of Hispanic consumers, especially those
who are disenfranchised by policy or process, may well reap rewards for
their shareholders.
In the next few days a full profile will be published by StockUpTicks.com on Sage Global and its efforts to serve
the "under-banked" population of Hispanic immigrants in our country with
a variety of innovative financial services.
See Breaking NEWS from
Sage below
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Breaking *NEWS*
From PrimeStar Financial |
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Press Release Source:
Sage Global Solutions
Wednesday January
2, 6:55 pm ET
Sage Global Announces Plan to Increase
Financial Disclosure
and Expand Shareholder Awareness
Efforts
IRVINE, Calif., Jan.
2, 2008 (PRIME NEWSWIRE) -- Sage Global Solutions, Inc. (Other OTC:SGGL.PK
- News) (Frankfurt Stock Exchange: WKN A0J265) (Frankfurt:Q9A.F - News) announced today that it has updated its financial statements and other
disclosure documents with PinkSheets.com in an effort to upgrade its disclosure
category from ``No Information'' to ``Current Information.''
``With our recently announced
corporate restructuring and acquisition of PrimeStar Marketing Inc., we
have begun a new and exciting chapter in our company's life. We appreciate
the patience and support of our shareholders during this critical time
of preparation and change. We expect that 2008 will be a milestone year
for us as we launch our new corporate entity.''
As a non-reporting public
company, Sage Global is not required to file current financial statements
and make other disclosures to the public. However, through PinkSheets.com
Sage will voluntarily provide certain disclosures as well as current financial
information.
``We are committed to
transparency and proper disclosure of public information,'' said Joey Sanchez,
CEO of Sage Global Solutions, Inc. ``Improving our financial disclosure
and ultimately upgrading our disclosure category will help to set Sage
Global apart from the thousands of Pink Sheet issuers. We fully intend
to continue to execute our business plan and meet disclosure requirements
with an eye toward graduating to a broader exchange as soon as possible.''
About Pink Sheets,
LLC
Pink Sheets, LLC is
the leading electronic inter-dealer quotation system, trading technology
and financial information provider for the over-the-counter (OTC) securities
markets. Its centralized information network includes services designed
to benefit market makers, issuers, brokers and OTC investors. Pink Sheets
information enhances the efficiency of OTC trading, provides better executions
for OTC investors and improves the capital formation process for OTC issuers.
For more information visit the Pink Sheets website at http://www.pinksheets.com.
About PrimeStar -
Subsidiary of Sage Global
For businesses, PrimeStar
offers solutions that reduce or eliminate the costs and hassles of issuing
checks to employees, members, insureds, or service providers both domestically
and internationally. Mailing, processing time, lost checks, fraud, and
problems cashing checks are a thing of the past with PrimeStar. PrimeStar
is able to develop innovative solutions for a company's ``money process''
problems. Conversion of paper processes to a purely digital solution enables
PrimeStar to deliver cost savings, improve customer service, and increase
the organization's perceived value to the customer.
For consumers, PrimeStar,
through its PrimeStar Financial Centers, will offer a low cost version
of a full service bank branch, with an innovative, multi-faceted money
services product to segments of the population that the current financial
system fails to reach. PrimeStar Financial Centers are money service centers
that will integrate high-demand products currently being offered on an
independent basis by multiple providers. Through the use of available technology,
the centers will deliver to the consumer services with recognized value
and convenience such as check cashing, money remittance, money orders,
online account management, online bill payment, and ATM access. For more
information visit: http://www.primestarcard.com
Safe Harbor Statement
Statements in this press
release about the company's future and expectations other than historical
facts are ``forward-looking statements.'' These statements are made on
the basis of management's current views and assumptions. As a result, there
can be no assurance that management's expectations will necessarily come
to pass. These forward-looking statements generally can be identified by
phrases such as management ``believes,'' ``plans,'' ``expects,'' ``anticipates,''
``foresees,'' ``forecasts,'' ``estimates'' or other words or phrases of
similar import. Similarly, statements in this release that describe the
Company's business strategy, outlook, objectives, plans, intentions or
goals also are forward-looking statements. All such forward-looking statements
are subject to certain risks and uncertainties that could cause actual
results to differ materially from those in forward-looking statements.
Management cautions that the ability to attract clients and generate business
may be affected by a decline in the Company's financial ratings, the competitive
environment, the Company's ability to raise sufficient capital to meet
the collateral requirements associated with its current business and to
fund the Company's continuing operations and changes in market conditions.
Contact:
Sage Global Solutions, Inc.
Joey Sanchez
909-484-4491
http://www.sage-global.com
http://www.primestarcard.com
Source: Sage Global
Solutions
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About PrimeStar Financial |
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PrimeStar Financial (PrimeStar) offers “money solutions” to consumers and businesses that experience difficulties
with delivery and negotiation of financial instruments as payment for goods
and services.
For businesses, PrimeStar offers solutions that reduce or eliminate the costs and hassles of issuing
checks to employees, members, insureds, or service providers both domestically
and internationally. Mailing, processing time, lost checks, fraud, and
problems cashing checks are a thing of the past with PrimeStar. PrimeStar
programs are capable of serving domestic and international employers for
a variety of needs ranging from employee payments to health insurance reimbursements.
Employers, associations, church groups, insurance companies, labor unions,
and third party administrators have all found benefits to using PrimeStar’s
products.
For consumers PrimeStar is able to offer banking and financial services that for some are difficult,
if not impossible, to obtain. *please
see the Brookings Institute report available below. Consumers
utilizing PrimeStar are able to avoid the high costs of being without a
bank account. In addition, PrimeStar customers are able to take advantage
of PrimeStar’s excellent customer service to fully understand and utilize
their PrimeStar account.
For consumers with relatives outside of
the U.S., PrimeStar is able to provide debit cards, and discounted
fund transfers, that can be much more cost effective to the consumer than
check cashing and money transfer services.
As consumers become comfortable with PrimeStar debit card technology, they
develop trust that transfers to other PrimeStar products that are often
overlooked by the consumer segment serviced by the PrimeStar card. PrimeStar will
deliver basic insurance (car, renter, home, life) through the same infrastructure
that services the PrimeStar debit cards.
PrimeStar
utilizes debit card technology
as an entrée to deliver its services throughout the world
PrimeStar looked at the current use of the debit card as primarily a payroll mechanism
and said “we can do better.” So many industries have a need
for re-occurring electronic payments but lack the information or means
to do so. A debit card can be a solution to this problem.
Consumers without checking accounts have
few options for payroll, money remittance, and bill payments. The
only options they have left are all high cost - Check cashing. Money
remittance services. Bill payment services. Money orders. PrimeStar
debit cards help consumers by eliminating high cost check cashing, streamlining money transfers, offering online
bill payments, and giving cardholders the ability to load their cards at
any PrimeStar location.
No other debit card in PrimeStar's
segment can offer this capability
PrimeStar
utilizes the MasterCard® platforms
convenient and cost effective
Whether it’s a parent sending money to a kid away
at college, or an employer paying his or her employees, transferring money
is part of life. The PrimeStar Card is a prepaid cash card that works much like a traditional bank debit card
for purchases at stores of all types and for cash withdrawals at ATMs.
For instance, as a parent with a child away at
school, instead of just sending money or entrusting them with a credit
card without limitations, you can send them a PrimeStar
Card, which is easy to order using our
convenient account management system. Monies are easily transferred
in real time, allowing you to place a variety of “card use” restrictions.
This allows parents to prevent the card to be used to purchase items like
“alcohol and tobacco”, or place limits like “only purchase items on
campus.” The PrimeStar Card offers parents convenience and peace of
mind.
And for employers, additional
benefits which are especially attractive to your un-bankable and immigrant
workers are:
* No
more check cashing fees
* An
end to costly money transfer fees
* The
Flexibility of a MasterCard Debit Card
Employees can easily transfer monies from their Payroll
Card into their bank accounts or can immediately go to one of over 790,000
ATMs around the world to get cash. In addition, as PrimeStar Card holders,
they too can order “wallet” cards to be sent to loved ones in other countries,
allowing them to transfer money.
aaaaaaa
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Reaching Out to the 40 Million Unbanked and underbanked |
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Utilization
of high cost check cashing services is increasing every year.
Through the PrimeStar Financial Center,
PrimeStar will address the money service needs of the 40 million, unbanked
and underbanked
Check cashing is a $60 billion a
year industry with a projected growth of 11% per year.
Money remittance to Latin America
alone from the United States is a $53 billion a year industry with a projected
growth of 15%. Sale of money orders is a $20 billion dollar a year industry
with a growth rate of 5%. Many
of these consumers have no banking relationship,
do not utilize insurance services,
and have limited access to consumer credit.
www.primestarcard.com
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Recent News from PrimeStar |
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Press
Release Source: Sage Global Solutions
Monday
December 10, 4:23 pm ET
Sage Global
Announces Acquisition and Major Corporate Changes
New Direction
to Provide Electronic Payment Solutions and Essential Financial Services
to Domestic and International Insurance Carriers and Underserved Consumer
Segments
IRVINE,
Calif., Dec. 10, 2007 (PRIME NEWSWIRE) -- Sage Global Solutions, Inc. (Other
OTC:SGGL.PK - News) (Frankfurt Stock Exchange:WKN A0J265) (Frankfurt:Q9A.F
- News) announced today that it will acquire PrimeStar Marketing Inc. as part of
a strategic move to restructure the company's business plan. Under the
new plan, the company will divest itself of some of its mortgage and insurance
service operations to focus on providing essential money services to the
insurance carriers, third party administrators, self-insured benefit trusts,
and consumers with limited access to banking services. MORE.
Industry Research
An 80 page report by the Brookings
Institute entitled FROM POVERTY, OPPORTUNITY
- Putting the Market to Work for Lower Income Families that focuses on
the THE NEEDS OF LOWER INCOME CONSUMERS - is provided below by PrimeStar in PDF format and can be viewed by CLICKING
HERE.
If you want to download the newest
version of Adoble Reader (for PDF's)
from the Adobe site, simply
click on the logo below.
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TO CONTACT PRIMESTAR |
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9561 Business Center Dr. Suite A
Rancho Cucamonga, CA 91730
1.800.928-4849
*** The Bull is Running. ***
There
may never be a better time to feature YOUR company
to
over 1 MILLION investors.
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more about our programs email us directly at info@stockupticks.com
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including those pertaining to estimates and related plans, potential mergers
and acquisitions, estimates, growth, establishing new markets, expansion
into new markets and related plans other than statements of historical
fact, are forward-looking statements subject to a number of uncertainties
that could cause actual results to differ materially from statements made.
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or ability to effect any planned and/or proposed actions. MP has no first-hand
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intent, resources, nor experience and makes no attempt to do so. Statistical
information, dollar amounts, and market size data was provided by the subject
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this information.
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based on sources believed to be reliable but no representation, expressed
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performance is no guarantee of future results. This report is a paid advertisement
and is for information purposes only and should not be used as the basis
for any investment decision. MP will receive
five hundred thousand dollars worth of Sage Global restricted shares based
on a sixty-day valuation for advertising and consulting services over a
twelve month period. Additionally, MP owns approximately six hundred thousand
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contained herein contains forward-looking statements and is subject to
significant risks and uncertainties, which will affect the results.
The opinions contained herein reflect our current judgment and are subject
to change without notice. MP and/or its affiliates, associates and employees
from time to time may have either a long or short position in securities
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whole or in part without the express written consent of Market Pathways
Financial Relations Incorporated. |