SOURCE: Advanced Content Services, Inc.

Advanced Content Services, Inc.

September 09, 2014 12:45 ET

Advanced Content Services, Inc. Announces Shareholder Update

LAS VEGAS, NV--(Marketwired - Sep 9, 2014) - Advanced Content Services, Inc. (OTC: ADCS) is pleased to announce that its Joint Venture, GreenStar Payment Solutions, Inc., has reached 24 accounts since the Company's last report in July, more than tripling accounts under the banner in a little over a month and a half. 

In addition, ADCS has partnered with Chris Mills and GreenHouse Payment Solutions to launch the industry's first reward platform in the form of a general purpose reloadable debit card which it will license to GreenStar, GreenHouse and clinics and dispensaries nationwide. The card, originally conceived as Cannabis Card, will be branded to a wider target market to ensure maximized potential in terms of swipe revenues, while at the same time providing a much needed tracking and rewards system for Cannabis business owners. Mills and ADCS have teamed with an international company that specializes in mass payment solutions for organizations, businesses, and governments worldwide.

"Chris and I are thrilled with the progress of our debit card for the Cannabis industry," states ADCS chairman, Mark B. Newbauer. "We couldn't be happier with our program managing ally on this program, and I feel this can still be launched, with rewards programs active at stores in 2014."

Both GreenStar and GreenHouse are eager to introduce the card to existing and prospective customers and ADCS is confident the card will produce attractive revenues for all involved, and provide convenience, loyalty and increased sales for clinics, dispensaries and their patients and customers. 

In addition, New Wave Prepaid Solutions, a wholly owned subsidiary of ADCS, is finalizing details for the launch of SchoolFuel, a dynamic fundraising mechanism for schools, churches and universities nationwide, unlike ever before. The patent-pending process is being implemented by the Company's program managing partner, which will soon be announced in addition to other program partners and details in what the team believes will be the most revolutionary fundraising tool available to schools and universities. 

Many shareholders, as well as prospective financiers, have approached management with questions regarding ADCS' plan to improve its share structure. We are currently evaluating our options here, which may include retirement of shares, partnering with an investor for buyback of shares and/or a stock restructure. Newbauer and CEO Thomas Wolff agree, "If the latter is the case, we will ensure to pull back the authorized shares in line with the outstanding with aggressive plans to build sustainable growth moving forward. We also have several offers for responsible financing toward ensuring growth in line with a sustainable market cap."

Announcements forthcoming to support what management feels will be the company's strongest Quarter to date in regards to assets and revenues. 

About Advanced Content Services, Inc.

Advanced Content Services is a Holding Company focused in electronic payment services and solutions. It's wholly owned subsidiary, New Wave Prepaid Solutions, is in development of flagship prepaid products for the domestic marketplace. The company strives to be a leading contender in the issuance of prepaid solutions and services that are both highly marketable and with socially conscious profitability.

For more information see www.advancedcontentinc.com

About GreenStar Payment Solutions, Inc.

Founded in 2014, GreenStar Payment Solutions, Inc. provides payment and merchant solutions and services to Legalized Medical and Recreational Marijuana Dispensaries in the United States. GreenStar's suite of services aims to provide dispensaries with a competitive advantage as a one-stop-shop for MJ business owners with solutions including Non-Cash Merchant Solutions, Prepaid Rewards Programs, Digital Marketing Menus and more -- all of which can increase revenue and profitability. Headquartered in Denver, Colorado, GreenStar is a 33/33/33 joint venture among SinglePoint, Inc. (OTC: SING), Advanced Content Services (OTC: ADCS) and GreenHouse Payment Solutions, Inc. For more information, please email us at info@GreenHousePaymentSolutions.com

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.

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