I don't know much about these guys except that they are (RUMOR) getting ready to develope an internet site (Gasp)... Here is the profile of the company before the site is announced:
U.S. Pawn, Inc. operates pawnshops that lend money on the security of pledged tangible personal property, for which the Company receives a pawn service charge to compen-sate for the loan. The pledged property is held through the term of the loan which is generally 30 to 90 days. For the nine months ended 9/30/98, revenues fell 9% to $8.4 million. Net loss applicable to Common totalled $37 thousand vs income of $182 thousand. Results reflect lower pawn service charges and increased depreciation. |