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Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?


To: abigney who wrote (1821)6/1/1998 6:42:00 PM
From: Scott Kleinhans  Read Replies (2) | Respond to of 2278
 
Just saw a story on CNBC about the Check Cashing Industry.

60 Billion Dollar a year business.
13% of people in the US have no checking account.
Fees range from 1%-10% per transaction.
6000 Check cashing outlets in the US.

They did mention a company called Ace Cash Express.
Ace forecast revenue of 100 million this year.
Ace growth rate 29% over the past few years.

The above was from memory If someone has additional info. please post

Hope GLCP can get a piece of the 60 Billion.

Scott