ForumsFinancing Tips

I remember this from a previous thread, and I believe I used the analogy of a three-legged stool then. Traditionally, a major hotel or airline (first leg) partnered with a major bank (second leg) to develop a proprietary currency exchange technology (third leg) that was essentially a custom solution built to work with the specific point-of-sale terminals, transaction processing software, ATM machines, posting systems, etc. that were in place at that hotel/airline and bank.

This company, as I understood it, developed their currency exchange technology first instead of last -- and instead of building it into one specific hotel's or bank's system, they built it as a scalable module that could be seamlessly integrated into any open architecture. What they needed to roll this out was the other two legs of the stool -- and I think this post is seeking the third and final leg, the travel industry component. To have their application up and running in the real world, they need a partner or partners to sign on from the travel/hospitality industry -- specifically, a company that requires or uses a currency exchange solution, but can't afford the traditional "custom" solution (so they are now using a merchant account and paying fees to facilitate exchanges). If you owned such a company, you could presumably install this technology and easily integrate it at POS locations -- and then instead of paying for currency exchanges (or passing those costs through to customers), you'd actually be profiting from the exchange transactions.

Another way of looking at it: Carnivals generally sell tickets that are good for rides, refreshments, shows, and games. Each booth takes the tickets from customers and then turns in those collected tickets to the carnival organizers -- who distribute the cash taken in accordingly (holding back some for themselves to cover costs and make a profit). In this case, you'd be the carnival organizer, selling the "tickets" that others are using for global commerce. This company makes the tickets and software to manage the payout.

Am I correct -- is that about the essence of the deal, Eekcaman1?

HIERARCHY of NEED:

Property Acquisition via Business Merger
Portfolio;Land/Retail Office/Technological
Equipment/Fixtures & Furnitures/Support Offices/
Hotel/Resort(s)/Properties/Entertainment & Sporting
Entities.
Will Consider attractive economic package;

MINIMUM OFFER(S):Upwards of US$3,000,000.00

WE have a service that we think will be something your clients will love. The Visionary Product, Globalinx Video Phone Service. This is how it works, 1) you will need access to the internet for this service to work. 2) You will need at lease (2) video phones for this to work. Now the method to the madness. Lets say you are the Renter or Owner to the property being used. The Video phone is the way to connect the owner or care taker of the property with the client using the property. The phone number is unique to the video phone so you can take the phone to any site as long as there is an internet connection. Set up the phone at the site or property, then when your client arrives on that date and time give them a call on the video phone they can see you ,and you can see them. you can even get visual feed back on the condition of the property if there is heaven forbid a complaint. you can give this phone to your repair contractor also so they are not making trips that are not needed. Then you can also let the client use the phone for long distance service since you will pay a low unlimited rate national and international plans are available. Great service offering for your clients. Even in a hotel rm they have internet connection so it will work anywhere you need it. I will help you set this up . contact me at gary@crewology.com you can see rates and what the video phone looks like at www.5linx.net/crewology
take your business to the next level with the globalinx video phone. The Best to you, Gary A. Chisolm

Please check your email..I will be in touch with you shortly!

Thanks
EEKCAMAN1