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A few words about me and my business:

Retail financial services platform offering non-recourse collateral loans, signature cash advance payday loans, pre-paid debit cards, traditional retail merchandise & e-tail solutions. PeoplePawn customers constitute a large and growing market. Independent research indicates that as many as one third of the approximately 115 Million U.S. households are either cash constrained, credit constrained or both cash and credit constrained. When unexpected expenses arise, these consumers have few options. Some are able to borrow money from family or friends. Many however write bad checks and incur multiple NSF fees from banks and merchants, or bank overdraft fees. These actions have a negative impact on how they feel about the control they have over their lives. PeoplePawn, through its big, bright, customer service focused neighborhood stores offers these consumers a proactive approach to get the cash they need, continue timely payment of expenses, and control their relationships with the banks and merchants who serve them. PeoplePawn is able to offer the customer the largest selection of cash solutions ranging from non-recourse collateral loans, to signature cash advance Payday loans to prepaid debit cards. PeoplePawn also offers both a traditional retail merchandise channel in addition to an on-line merchandise channel to liquidate the loan items that default into inventory. The collateral loan industry is a $9.2Billion industry annually. The signature payday loan industry is a $6.0 Billion industry annually. The pre-paid debit card industry, although in its infancy is currently a $20.0+ Billion industry annually. Currently the market space has some 14,000+ operators. There are only three public companies in this space nationwide - Cash America, EZCorp and First Cash. All three companies started with a one store base, are all less than 25 years young and have market capitalizations ranging from $0.6Billion to $1.2 Billion. Only 15% of the total market in the United States is occupied by multi-unit operators with 85% of the total market operated by single store “mom and pop” operations.