SOURCE: Mike The Pike Productions, Inc.
June 16, 2010 13:00 ET
MTP Ventures' ServeNation Makes Executive Offer for International Operations
ServeNation Launch to Include North America, U.K., Middle East and Europe
FORT WAYNE, IN--(Marketwire - June 16, 2010) - (PINKSHEETS: ADCS) -- MTP Ventures announces that ServeNation (www.servenation.com) has made a definitive employment offer to UK native, Jasmine Aisha Raja, to partner as a primary Executive for the company. The move has been in the works since MTP attended the Prepaid Expo 2010 (http://www.iirusa.com/prepaid) earlier this year, where MTP execs, CEO/President Mark B. Newbauer and COO Tim Bredemeyer, met Raja. She was then serving as an independent consultant for a worldwide prepaid provider to develop and launch a market leading prepay program. Her experience speaks for itself with nearly 10 years as an SPIN sales trained Executive Director focused on Project Management, Sales, Marketing and New Business Development.
Newbauer comments: "Jasmine is a primary candidate with the assets necessary to carry out a concept like ServeNation on a global level. She possesses rousing leadership qualities with the proven ability to take vision to concept effectively. Her knowledge and expertise in the prepaid universe are as extensive as her C-level contact base with a focus in North America, Europe, The Middle East and United Kingdom. We expect negotiations to result in an expedient, win-win agreement as both parties are well aware of the synergy in regards to implementing ServeNation as a market leader and household name."
ServeNation, a prepaid debit card co-branded by a major provider, is "a microgiving concept like no other" says the MTP CEO. "'Pre-Pay It Forward,' our flagship slogan, pretty much says it all; The card, with each load and signature purchase, will generate a percentage of the transaction's inherent fees for the user's favorite charity or non-profit, as selected on the ServeNation website. This creates an amazing 'passive giving' strategy which charities, foundations, etc. can utilize for fundraising without asking people for money. More so, the card contains minimal, if any, cost to the charity or its users. The ServeNation model allows MTP to participate in the $3Trillion and growing prepaid debit card market. It's taken quite a bit to piece this together, but will be well worth it for MTP and its shareholders. The addition of a candidate like Jasmine Raja only increases the program's potential and rate of benchmark completion."
MTP has entered agreements with a nationally chartered financial institution that serves as home to a division providing premier electronic banking services throughout the United States for a variety of product line services. It continues to lead the industry in electronic banking. ServeNation will be accepted at millions of locations worldwide with the ability to re-load cards electronically and at over 40,000 retail outlets.
As well, in action to become increasingly transparent, Mike the Pike Ventures, currently doing business as Advanced Content Services until ticker/name change is effected, has submitted financials and Initial Company info and disclosure statement to satisfy an upgrade in information tier on OTC Markets. "Forget everything you know about ADCS until now. It's a new company with a powerful agenda toward sustainable revenues and tremendous growth. We thank all those involved for their support as we move forward," comments Newbauer.
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