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  • I considered investing in PWN after I saw a Mr.
    Payroll
    machine in the Super KMart near where I live in
    suburban
    Detroit. However, their machine failed my most
    crucial
    test of all-- it wouldn't cash either one of the
    checks I
    had with me. (One was for $1,200, the other
    for $40.)
    I lost confidence in investing in PWN
    and moved on, but I've
    always kept an eye on this
    board. After seeing some posts
    on GLCP and
    CheckCentral, I decided to do a little research,
    and so far,
    I like what I see. They are only testing
    two
    machines so far, but the initial responses have been
    positive,
    the check-cashing process seems to be simple, and the
    cost
    of the machines is cheaper ($29,000 vs. $55,000). If
    GLCP
    is actually a scam, speak now or forever hold your
    peace,
    because if I like what I hear after I call
    GLCP and the two
    stores where its machines are
    located, I'll buy a bunch of
    shares.

    Keeping an
    open mind,

    Anthony Torres
    Dearborn, Michigan

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    • Anthony
      Have you seen the actual machine, or had any conversation with mgmt?

      • 3 Replies to Gregory_C1
      • No to both questions. The machines are 2,000
        miles from me
        in Santa Ana, California, and due to
        the time zone difference and my work schedule,
        management is going to be difficult to call. I hope to get a
        hold of them, and the stores that are testing the
        machines, within the next few days. I'll let everyone know
        how it goes.

        Here's a major red flag, though--
        not only have I not seen their machine in person, but
        they don't even have a picture of it on their website
        (www.checkcentral.com)! A Real Video of it is supposedly "Coming Soon!",
        though. We'll see. At any rate, I just sent away for
        their information folder.

        Anthony
        Torres
        Dearborn, Michigan

      • Gregroy:

        I saw both machines in Santa Ana.
        They are both located within steps of the front doors
        of the store.

        Before, I go on, I wanted to
        say that I am not an insider but someone who bought
        shares because I think GLCP has a good product and the
        price seems to be a the bottom right now.

        Going
        on. I signed up for a check-cashing card to see how
        smoothly the whole transaction would take. To my delight
        it works just like an ATM machine. I was able to
        cash my check without any
        problems.

        Fore_par_72, whatever your anomosity with GLCP may be in the
        past sure shows. But GLCP has a new managment team.
        See prior post. And there product is working great.
        It's only a matter of time before they finish test
        marketing the machines and deliver the 100 machines to the
        ATM distributor for mass market
        penetration.

        GO GLCP.

      • Gregroy:

        I saw both of GLCP's
        check-cashing machines in Santa Ana. They are both located
        within steps of the front doors of the store.


        Before, I go on, I wanted to say that I am not an insider
        but someone who bought shares because I think GLCP
        has a good product and the price seems to be a the
        bottom right now. This is b/c anyone who says anything
        about GLCP seems to be labeled an insider.

        Going
        on. GLCP check cash on a different principle than Mr.
        Payroll. The customer needs to sign up for an
        check-cashing card. It's similiar to that of an ATM card. This
        helps to cut down on check-cashing fraud. However, I
        signed up for a check-cashing card to see how smoothly
        the whole transaction would take. After getting my
        card (received within 3-10 business days) I set out to
        determine if investing in GLCP was worthwhile. To my
        delight it worked just like an ATM machine. I was able to
        cash my check seamlessly. Furthermore, the whole
        transaction from inserting my check-cashing card to receiving
        my money ony took two minutes. I am told that the
        whole transaction can only get faster once the
        technology recognizes your check-cashing process. Thus, the
        two minute wait only gets better.

        Fore_par_72,
        whatever your anomosity with GLCP may be in the past sure
        shows. But GLCP has a new managment team. See prior
        post. And there product is working great. It's only a
        matter of time before they finish test marketing the
        machines and deliver the 100 machines to the ATM
        distributor for mass market penetration.

        GO GLCP.

    • Anthony-
      Your investments are your decision.
      The folks at GLCP are getting just what they
      want......free press. The simplicity of the whole thing is this:
      they may get there with their product, but not without
      a significant financial backer. And I don't mean
      some guy putting up $500,000. There will be other
      products that come to market but the folks at Mr. Payroll
      are light years ahead. In the old days 2 years was
      nothing, but in todays environment it's insurmountable. I
      cannot speak to your experience with the Mr. Payroll
      device, but I can tell you I've seen tons of people get
      their checks cashed, and I think a recent release
      mentioned something like 500,000 items handled to date. I
      will tell you where my money is and will stay...PWN. I
      watch the GLCP stock just for fun and I'm sure it will
      run up based on the folks like you who are willing to
      take a chance....a big chance. A word of advice if you
      buy the stock; don't get greedy. If you buy at .20
      and it goes to .40, get out. Take a look at what the
      stock did a while back over the course of about a week
      or so. Huge run up to several bucks a share and then
      over the cliff back to .10 - .20. Be careful! By the
      way, that run happened to coincide with news related
      to check cashing technology. Good luck.

      • 1 Reply to fore_par_72
      • First, there was a group of investors that did
        invested in GLCP. Here's the recent
        article.



        SAN DIEGO, Jan. 19 Greenland Corporation (GLCP) today
        announced that it has entered into an agreement designed to
        provide the Company with an influx of new capital,
        strengthen its management team, and focus its resources on
        its Check Central(TM) check cashing ATM product line.


        An investor group led by Dr. Louis Montulli has
        agreed to invest $580,000 into the Company, and to
        provide senior management who will use their best efforts
        to identify and acquire long range financing as well
        as strengthen day-to-day business operations.


        Dr. Montulli brings to the Company an extensive
        background in research, development and the marketing of
        high tech products. Dr. Montulli served in senior
        positions in the Department of Defense and Department of
        Energy during the 1970s and was a member of the White
        House staff from 1981 to 1984. He has served on the
        United States Air Force Scientific Advisory Board, the
        NASA Technical Advisory Board, as well as other
        government and university boards and panels.

        From
        1993 to 1996, Dr. Montulli served as Senior Vice
        President of new business development, marketing and
        advanced systems for Lockheed Martin Corporation where he
        refocused resources on three commercial and military
        products resulting in $200 million in new orders the first
        year. Prior to Lockheed he was Vice President for
        Boeing Military Airplane Co. where he supervised 4,800
        people and hundreds of key projects. Dr. Montulli holds
        a doctorate in Engineering from the University of
        California, Los Angeles, and received the Most Distinguished
        Alumni Award in 1987 from the University of Rochester
        where he received his B.S. in Mechanical Engineering.


        Mr. Richard Wray has been CEO and President of two
        companies, a plastics manufacturer (Accurate Plastics,
        Inc.)and a leasing company (Honover Leasing). He has
        extensive background in working with start-up companies and
        raising capital for all levels of corporate need.


        The Check Central check cashing product was
        successfully demonstrated in August and October, 1998 at two
        major industry trade shows. One result was a letter of
        interest from a major ATM distributor for a 100 unit order
        totaling $2.3 million based on successful demonstration of
        three units in the market place. The first
        pre-production unit was installed January 5, 1998 in an
        independent grocery market in Southern California. The
        Company anticipates that these demonstrations will be
        successful and that orders will be received during the first
        quarter of 1999.



        SOURCE Greenland
        Corporation
        01/19/99 /CONTACT: Ed Sano, Managing
        Director of
        Greenland Corporation, 619-566-9604

 
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