Archive for the ‘Consorteum Holdings, Inc. CSRH’ Category

Consorteum Holdings Inc. (CSRH) Engages The Alternative Agency for Branding ThreeFiftyNine

Friday, August 30th, 2013

Consorteum Holdings has appointed the leading branding agency, The Alternative, to deliver a new name and brand identity for its newest business brand, Three FiftyNine Inc. Consorteum has plans to launch its new brand in the marketplace during the fourth quarter of 2013. Consorteum Holdings plans to use its latest brand development, ThreeFiftyNine, to differentiate itself and increase its market share in the digital space.

“The Alternative has amazing credentials working with established and emerging technology brands in the US, Europe and Asia, making them a perfect partner to work with,” explained Craig Fielding, CEO of CSRH.

The Alternative is a London-based agency delivering branding solutions and innovations since 1996. The company strategy includes a unique methodology called Move People, which is designed to initiate closer bonds between brands and people by employing a human approach when promoting and publicizing brands. Some of their clients include, Skype, Orange, YO!, Sushi, Friends Life, Microsoft, American Express, Sainsburys and Virgin.

The founder of The Alternative is Tim Blesneski, who stated, “We think there is a huge scope to help brands articulate a more compelling and human story about why the world needs them. Too many brands in the tech space are too techy for their own good and miss the vital human component that builds belief and following.” He went on to say, “It is a pleasure engaging with the ThreeFiftyNine team to help shape and inform their thinking and expectations.”

Consorteum is a transaction management and mobile publishing company focused on transaction processing delivering leading-edge solutions to its clients. Consorteum is moving forward with organizational developments that are designed to expedite new market entries in technology and payment solutions.

For more information, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) Pursues Opportunities in Digital Technology Marketplace with Newly Formed Subsidiary

Wednesday, August 14th, 2013

Consorteum Holdings, an international transaction management and mobile publishing company, today announced organizational developments underway to expedite new market entries in technology and payment solutions.

A new business entity, ThreeFiftyNine Inc., has been incorporated in Nevada, US as the lead operational business and a wholly owned subsidiary of CSRH. The new wholly owned subsidiary aims to be a highly differentiated business in the digital space, with brand development continuing for a launch in early Q4.

The business is commercializing a number of new business opportunities that have been under evaluation. This involves formalizing a structure to support go-to-market programs that have already been through a business review and modeling process. The proposed programs are closely tied to key vertical market segments, with lead customers and partners in both direct and indirect distribution models.

A core technology development team has been recruited and is in place, including world-class resources in the areas of cloud infrastructure design, development, and deployment, as well as in digital transaction management.

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Consorteum Holdings, Inc. (CSRH) Engages Services of Olde Monmouth Stock Transfer Company

Thursday, July 18th, 2013

Today before the opening bell, Consorteum Holdings announced that it has selected Olde Monmouth Stock Transfer Company as its new transfer agent.

Craig Fielding, Consorteum’s CEO, stated, “The Company has made the decision to move its transfer agent services to Olde Monmouth. We believe that this move will provide better service to our shareholders as well as allow the Company to better execute its plans to recapitalize and effectuate the conversion of the Company’s existing note holders into shareholders over the next several months.”

Olde Monmouth Stock Transfer is a full service transfer agency that provides a wide array of services from traditional Transfer/Registrar functions to more advanced Proxy and Escrow services. With two decades in the Stock Transfer business, Olde Monmouth has the knowledge and experience to meet the demands of even the most sophisticated public companies.

Consorteum is a transaction management and mobile publishing company focused on transaction processing, including its suite of mobile offerings, delivery of mobile content, mobile payments solutions, and products through a mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. It operates as a technology and services aggregator to meet the diverse needs of its client base by leveraging a wide range of products and services to develop end-to-end, turn-key card and payment transaction processing solutions. The company has extensive expertise within the Payments and Transaction Industry in North America and internationally.

For more information, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) Signs Partnership Agreement with KO Entertainment to Expand Revenue Opportunities

Tuesday, April 16th, 2013

Today before the opening bell, Consorteum Holdings announced the execution of a Strategic Partnership Agreement with KO Entertainment, a Nevada corporation focused on the distribution of quality entertainment and media products. Consorteum has agreed to purchase a five percent (5%) ownership interest in KO Entertainment as well as assist with the evaluation of business expansion initiatives and various strategic relationships.

As outlined by the agreement, Consorteum will also make available a limited line of credit for acquisitions to grow the business and accelerate brand awareness. KO Entertainment will sign a separate agreement providing for the repayment of funds advanced pursuant to the line of credit. Through a revenue sharing agreement, Consorteum will receive a percentage of revenue generated from each business KO Entertainment acquires with the Company’s help.

“Consorteum is continually looking for ways to expand its presence in the market and to diversify its product offerings,” Craig Fielding, Consorteum’s CEO, stated. “Our partnership agreement with Knockout Gaming announced earlier this year was a first step in enabling Consorteum to put in place cross marketing channel opportunities in the online and mobile gaming verticals. KO Entertainment provides valuable brand awareness expansion opportunities from which both Knockout and Consorteum will benefit.”

For more information, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) and Knockout Gaming Reach Strategic Partnership Agreement

Thursday, March 7th, 2013

Today, Consorteum Holdings, a financial transaction management firm also vested in mobile publishing, announced the completion of a strategic partnership with Knockout Gaming, Inc., a potential worldwide leader in the gaming industry offering wholly unique gaming products, platforms, and technology.

Purchasing a 10-percent ownership in Knockout Gaming, Consorteum will become Knockout’s sole provider for transaction servicing, providing Knockout Gaming with CSRH’s superior know-how within the Payments and Transaction Industry in North America.

Using its reach in the transaction management industry, CSRH continues to accrete a wide variety of products and services to create full-spectrum, turnkey, and payment processing solutions. This experience, alongside Knockout’s gaming products, familiarity and its proprietary, instantly operative FIREPLAY, delivers uninterrupted operational support and online gaming-operator solutions re issues like payment processing and fraud prevention. In fact, Knockout is the 47th holder of a prestigious Isle of Man gaming license, given out to only the best of the best since its inception in 2002.

This sort of superior performance, in a venue which continues to grow and expand, insures that Consorteum Holdings’ vested interest in Knockout will generate significant financial advantages. That is, acting as Knockout Gaming’s exclusive source of financial transaction servicing, as well as discovering and capturing additional channel partner opportunities across a wealth of verticals, CSRH plans to advance both Knockout and its own online presence and bottom line.

The partnership also puts Consorteum in prime position to sell (i.e., resell) Knockout’s gaming platform, FIREPLAY, wherever such sales are legal.

According to CSRH CEO Craig Fielding, “Player protection is a crucial issue in the world of online gaming and the license allows us to market our brands as ‘player protected’ in which the payouts are strictly controlled. Our agreement with Knockout will allow Consorteum to provide customers with a single integrated solution to the complex problems of online gaming with mobile capabilities. In our initial discussions with casino operators, they have indicated that our approach is the total ‘one-stop solution’ that they are looking to deploy.”

Consorteum, operating through its mobile offerings inventory, continues to extend its reach and improve its earnings profile through an amalgamation of highly useful partnerships, joint venture revenue-sharing, and license agreements. Its electronic transaction processing and management services are a precise and profitable fit for a generation with whom electronic bill paying and the like are paradigms rather than exceptions.

The company also advances clients’ proficiency and productivity by delivering right-fit technology and integration; consummate project oversight; marketing and brand alignment; communications, staging and ongoing client support; and technical issue resolution, all within a customer-centric support platform which views each client as unique.

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Consorteum Holdings, Inc. (CSRH) Secures $30 Million Funding Commitment from AIC Group Holdings

Monday, February 11th, 2013

Consorteum Holdings just announced that it has signed a binding term sheet with AIC Group Holdings Limited for a $30,000,000 funding commitment. A private equity group, AIC Group Holdings Limited is a corporation organized under the laws of the British Virgin Islands.

The funding procured from this agreement will provide working capital and allow the company to identify potential merger and acquisitions that will strengthen its ability to compete in the online and mobile gaming market place. Consorteum will focus on its new partnership with Knockout Gaming Inc., an Isle of Man Limited corporation, which has a full online casino gaming platform, and its existing licensing agreement with Tarsin Inc., a Nevada corporation.

As reported previously, Consorteum and Tarsin have reached a licensing agreement to partner in the continued release of mobile gaming solutions, releasing solutions on Tarsin’s CAPSA platform, which is already in the global market and servicing millions of mobile consumers.

The company has also reached a joint revenue share agreement with Knockout Gaming. The partnership allows Consorteum to resell Knockout’s licensed online gaming platform called FirePlay. Knockout has spent the past two years completing a rigorous testing program in order to achieve its gaming license from the Isle of Man. This license approval was only the 47th such license ever granted, and it is critical in differentiating the platform from other competitors.

Craig Fielding, Consorteum’s CEO, stated, “Player protection is a crucial issue in the world of online gaming and the license allows us to market our brands as ‘player protected’ in which the payouts are strictly controlled. Our agreement with Knockout will allow Consorteum to provide customers with a single integrated solution to the complex problems of online gaming with mobile capabilities. In our initial discussions with casino operators, they have indicated that our approach is the total ‘one-stop solution’ that they are looking to deploy.”

“Consorteum is continuing to identify opportunities in which we can utilize the proven CAPSA platform and validate the revenue potential that online and mobile gaming and wagering represents,” continued Mr. Fielding. “We are in discussions with several international offshore properties and we hope to be able to reach definitive contracts with several new casinos in the near future. This ultimately is a win-win for both companies. With access to capital, Consorteum will be able to execute on its business plan and aggressively pursue opportunities that it has been developing throughout Canada and Internationally. We now have the resources to go to market and educate the online and mobile gaming customers about our total solution.”

The CAPSA wagering platform offers a suite of fully featured and proven technology solutions that are critical to the nature of placing a wager. Not least are identity confirmation, geofencing by state or region, a suite of consumer billing options, and a high level of personal and corporate security including device authentication prior to each m-commerce transaction. Supporting professional services, design services and project management services enable full systems integration with back-end gaming infrastructures, web front ends and bricks-and-mortar operations. The platform supports marketing program integration and execution, ensuring high levels of distribution for operators, and ease of adoption for consumers. Its inbuilt scalability and resilience supports propositions launched on both national and international footprints.

With an ever-increasing rate of handset development and new device release, as well as an increasing number of manufacturers entering the mobile space, CAPSA ensures that hardware is supported upon production release, maximizing the addressable mobile market in real-time. As of January 2012, CAPSA supports over 1,500 handsets, smartphones and tablets from 49 manufacturers, is interoperable with 796 carriers and mobile operators worldwide including 51 in North America, and designs and publishes seamlessly across multiple variants of operating systems based on Apple, Android, Windows, Rim, Nokia, Java and BREW. Tarsin services operate in 32 languages plus a further 5 regional variants, publishing over 3 million mobile applications to consumers.

For more information, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) Files Form 10-K Report with SEC

Wednesday, November 14th, 2012

Consorteum Holdings just announced that it filed its Report on Form 10-K for the fiscal year ended June 30, 2012, with the Securities and Exchange Commission and resumed its status as an issuer quoted on the OTCQB.

The company also told investors that some of its affiliates, as well as Consorteum, entered into a settlement agreement with its former CEO and Chairman of its Board of Directors. The settlement agreement was filed as an exhibit to the Form 10-K Report. Subsequent to the execution of this agreement, Consorteum and its former CEO executed and delivered to each other general releases.

Mr. Fielding has resumed his roles as Chairman and CEO. Now redirecting its energies on promising opportunities for the remainder of 2012 and beyond, Consorteum Holdings is very focused on executing processing and transaction management initiatives both in North America and in new overseas markets. The company will leverage its existing relationships with various casinos and resorts while pursuing growth through mobile gaming and wagering transactions.

“This is an exciting time for the world of mobile digital media as state and local governments are looking for creative alternatives to raise revenue. Mobile gaming is one possible revenue enhancer,” stated Craig Fielding, CEO of Consorteum Holdings. “We remain focused on our traditional transaction management, technology and card businesses. Now with the addition of new opportunities utilizing our mobile gaming platform, we are ideally positioned to step into new markets in a meaningful way.”

“I am optimistic that we can demonstrate to our shareholders that the past year of establishing key relationships across multiple verticals in the financial transaction processing and gaming businesses will translate into revenue opportunities for the Company,” added Mr. Fielding. “In the next several months we intend to launch new projects that are in the final stages of planning and will soon be ready for announcement. We also intend to continue our efforts to build a strong management team, Board of Directors and relationships with new partners.”

For more information about the company, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) to Deliver New Innovative Telecommunication and Financial Transaction Services through Joint Venture Agreement

Wednesday, June 27th, 2012

Consorteum, Inc., a wholly owned subsidiary of Consorteum Holdings, Inc., a provider of technology solutions to companies and organizations looking to expand their methods of processing payment transactions, just announced its intent to join forces with Marksal Communications, Inc., one of Canada’s leading providers of global communications solutions, in order to meet the growing demand for next-generation telecommunication and financial transaction services across the North American and International markets.

By combining the technical innovation of Consorteum’s payment processing solutions with the significant capability of Marksal to provide secure communications to remote regions, the anticipated joint venture would provide customers with new capabilities to deliver payment and banking services in areas that traditionally have been underserved. Together with Consorteum’s new focus on mobile application delivery of secure financial transactions, the new joint venture will allow the delivery of next-generation telecommunication and financial services anywhere in the world.

“This new joint venture will allow both companies to leverage their core competencies to better serve their customers,” commented Craig Fielding, CEO of Consorteum, Inc. “This alliance with Marksal Communications provides the ability to deliver secure financial transactions to areas traditionally isolated, and it opens up a tremendous market for new services while facilitating economic growth.”

“This joint venture with Consorteum is very exciting and will provide a unique solution for the delivery of secure financial transactions,” added William MacDonald, CEO of Marksal Communications, Inc. “Marksal is very committed to delivering their expertise and solutions, anywhere in the world, in this new joint venture.”

Under the proposed joint venture, Consorteum will contribute its proven payment solutions and Marksal will provide the communications infrastructure necessary to link remote areas into secure telecommunication and financial services, thus creating an overlay of new, sophisticated financial networks. According to today’s release, Consorteum Holdings will own 51 percent of the joint venture, and Marksal will own 49 percent of the joint venture.

For more information about the company, visit www.consorteum.com

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Consorteum Holdings, Inc. (CSRH) Continues Mobile Publishing Move

Thursday, February 23rd, 2012

In January, when Consorteum Holdings, together with its wholly owned subsidiary, Tarsin, Inc., announced the launch of the CAPSA mobile wagering compliance platform, it was the latest move in Consorteum’s transition to mobile publishing. Consorteum is growing itself as a mobile publishing company, focused on mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. Consorteum earlier acquired Tarsin, Inc., a mobile platform technology company based in Lake Tahoe, Nevada, which will become Consorteum’s new headquarters.

Consorteum’s COO, Patrick Shuster, described the important role of Tarsin in Consorteum’s developing strategy: “The acquisition of Tarsin is the first step to moving our Company into Mobile Publishing. Tarsin has spent the past nine years as a premier mobile publisher, building a team of software developers that understands the issues and complexities of delivering digital media content across mobile handsets. Tarsin brings with it integration and support for over 700 mobile carriers globally and has experience with delivering mobile applications as the mobile publisher of Dilbert, Hallmark, Mattel, to the mobile applications market on a seamless and secure platform. In essence, Tarsin will allow the Company to take advantage of the increasing demand for delivery of rich mobile content to the end user, which complements and extends Consorteum’s capabilities and positions us to compete in world markets.”

CAPSA has a proven capability of bringing a universal solution to the problems of wagering and betting in the fractured world of mobile, where multiple different operating systems, user interfaces, and form factors create enormous barriers to launching commercial propositions. As result of half-a-million man hours in engineering, CAPSA represents a single solid repository for content management and delivery of mobile betting, wagering, and sports book offerings.

For more information about the company, please visit: www.consorteum.com, www.tarsin.com, and www.mediaexchangegroup.com.

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Consorteum Holdings, Inc. (CSRH) is “One to Watch”

Thursday, February 9th, 2012

Consorteum Holdings, Inc. utilizes the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create customized programs for maximum results. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new streams of revenue.

Through its exclusive software license with Tarsin Inc., the company leverages a team of software developers that understands the complexities of delivering digital media content across mobile handsets. Tarsin is capable of providing clients with integration and support for over 700 mobile carriers globally on a seamless and secure platform to take advantage of the increasing demand for rich mobile content.

Consorteum’s flagship CAPSA technology platform brings a universal solution to the problems of wagering and betting on mobile devices. Multiple different operating systems, user interfaces, and form factors have created enormous barriers to launching commercial initiatives. But with CAPSA, gaming operators can now cost-effectively monetize innovative mobile wagering products and services quickly and robustly.

In addition to its mobile initiatives, Consorteum is also actively engaged in the financial industry, providing MasterCard solutions as well as loyalty and reward programs. The company has strategically designed its business initiatives to create repetitive transactions on an ongoing basis. Consorteum’s goal is to have their customers think of them more as partners, rather than just technology providers, for longer-lasting, more profitable relationships.

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Consorteum Holdings, Inc. (CSRH) Uses Card Technologies to Fill Gaps in Worldwide Financial Services

Thursday, September 29th, 2011

When Consorteum Holdings announced earlier that it was launching an innovative MasterCard® program, targeting the Canadian Aboriginal communities, it was a reflection of the company’s overall strategy to fill large gaps in the provision of comprehensive financial services to all segments of the population. In the case of the First Nations MasterCard Program, it was a major move to make life easier for a significant national community.

The card functions much like any MasterCard. Pre-loaded with authorized funds, it is available to anyone, and offers a more efficient and safer way to transfer funds to individuals than by issuing checks, which can be lost or stolen, and which can be difficult to cash if you don’t happen to have a local bank account. As with a regular MasterCard, purchases can be made virtually anywhere, with the amount of the purchase simply being deducted from the card’s balance. The card can also be used for obtaining cash at participating ATM machines.

From a larger perspective, Consorteum’s products represent the application of the latest digital technologies, together with key connections within the financial industry, to help companies and organizations more efficiently transfer payments and process transactions. Other applications include the development of customized loyalty programs for clients, where card technology is used to reward loyal customers, or providing healthcare patients with card-based systems for tracking and managing health records and transactions. The company also makes it easy for ship operators to pay international employees that require different currencies.

More than a simple financial service, it can change lives. It was perhaps best said by Rudy Youngblood, a Native American who has spent much of his life raising the profile of Native American communities throughout Canada and the United States: “This journey presents a once in a lifetime opportunity to be part of a program that will change history. This is something I have been fighting for all of my life and to provide the Tribal regions with access to a full suite of financial services is tremendously empowering.”

For more information, visit www.Consorteum.com

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Consorteum Holdings, Inc. (CSRH) Selects Lead Spokesman for the Launch of First Nations MasterCard Program

Thursday, July 21st, 2011

Consorteum Holdings, Inc., developer of digital media services and solutions, announced that Rudy Youngblood will be the lead spokesman for the company’s innovative MasterCard® program which will be initially targeted at Canadian Aboriginal communities.

A Native American, Rudy Youngblood is very proud of who he is and where he comes from. Prior to making his film debut as the lead role in Mel Gibson’s Apocalypto (2006), Youngblood toured for three seasons with the Native American dance/theatrical production Peter Buffett’s Spirit – The Seventh Fire as the Warrior Protector. In 2005, he moved to Los Angeles to create his own theatrical production. Youngblood spent weeks preparing for the filming of the movie, for which he had to learn the Yucatan Maya language.

Rudy’s passion is motivating youth and spends time talking to them whenever he can. He sees the youth as the future. Rudy is currently planning a motivational speaking tour across Canada and the United States inspiring and encouraging the younger generations in the Native Tribes as well as in the inner cities that surround them. Rudy is also working to create an environmentally friendly charity fund that will be incorporated with his motivational speaking tour. Rudy is passionate about giving back to his native people and people of all backgrounds to help them succeed. Rudy is an entrepreneur affiliated in various business fields which integrate his many ideas and passions.

According to Consorteum, the First Nations program fits perfectly with Rudy’s stated desires to help people. Commenting on his involvement, Youngblood stated, “This journey presents a once in a lifetime opportunity to be part of a program that will change history. This is something I have been fighting for all of my life and to provide the Tribal regions with access to a full suite of financial services is tremendously empowering. It brings tears to my heart to think this movement is really happening and that my small role may help improve the lives of many people. I am proud to be a native man and speak for all of my people, and also for the inner-city youth. We are all one and should work together and grow as one… remember we are all people after all.”

In the third quarter, a series of launch events are planned across Canada headlined by actor Rudy Youngblood. Major cities will include Ontario, Alberta, New Brunswick, and Saskatchewan. These First Nations launch events will help set the key messages of the First Nations Community program, driven through three key words “Inspire, Community and Unity.” Rudy Youngblood is a positive role model to aboriginal youth and youth in general. He will be able to convey his message of hope and opportunity through motivational presentations and performances at each event location. He will touch all people in each aboriginal community through his talks and artistic performances. In doing so, Consorteum aims to draw awareness to the launch of Financial Services, the first of which will be the First Nations Community MasterCard® developed and managed by Consorteum Holdings, Inc.

By issuing cards instead of checks, the community can save the cost and time associated with creating and mailing/distributing checks, and additional costs associated with replacing a lost or stolen check. The First Nations MasterCard® acts and looks just like a regular credit card. The MasterCard® cards are loaded with funds in advance and are easily re-loadable, making it a great and safe alternative to carrying cash. Unlike a traditional credit card, purchases made with the card are automatically deducted directly from the card balance. Offering many of the same safety and security features as a regular MasterCard®, the First Nations MasterCard® allows cardholders to make purchases or withdraw cash from participating ATM machines.

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Consorteum Holdings, Inc. (CSRH) Announces Acquisition of Media Exchange Group, Inc.

Thursday, July 14th, 2011

Today before the opening bell, Consorteum Holdings, Inc. announced that it has completed the acquisition of Media Exchange Group’s assets and mobile licensing agreements.

Craig Fielding, CEO of Consorteum, commented, “As indicated in the press release announcing our definitive agreement, Consorteum plans to expand and strengthen its ability to move into the next generation mobile banking era and offer the mobile applications that consumers have demanded.”

“Media Exchange Group’s CAPSA platform will enable Consorteum to develop new services that greatly enhance our ability to process financial transactions, which has been the core strength of our company,” he continued. “In addition, we believe that our newfound ability to deliver mobile content seamlessly across diverse devices will allow us to directly engage the public with services that are both simple to use and powerful in functionality.”

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Consorteum Holdings, Inc. (CSRH) Announces Acquisition Agreement; Expands Focus to Include Mobile Offerings

Tuesday, June 7th, 2011

Consorteum Holdings, Inc. today announced that it has signed a definitive acquisition agreement with Media Exchange Group, Inc. (MXGI) and China Wireless Communications, Inc. (CWLCD) whereby the company will acquire all of the assets of Media Exchange Group, Inc.

MXGI is a digital media, technology, entertainment, wireless gaming and mobile publishing company that offers digital strategy and content in the form of mobile applications, digital media, web and broadcast products via its unique mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements.

Craig Fielding, CEO of Consorteum Holdings, commented, “Our acquisition of Media Exchange Group will position us to be able to offer multiple mobile platform opportunities through MXGI’s proprietary mobile platform CAPSA.”

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Consorteum Holdings, Inc. (CSRH) Video Chart for Tuesday, June 7, 2011

Tuesday, June 7th, 2011

CSRH has a nice look on the daily charts, which inspired us to take a look at the weekly charts. The indicators and candles combined show that they pps could be positioned for a larger move in coming weeks with the MACD trending on zero and the candles pushed towards the upper portion of a long-term channel. Technical traders will be on alert for indicators breaking through zero-barriers and the candles pushing towards resistance in the area of $0.0083.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Consorteum Holdings, Inc. (CSRH.PK) Signs Agreement to Deploy Branded MasterCard(R) Prepaid Card Services to First Nations Communities in Canada

Tuesday, December 7th, 2010

Today before the opening bell, Consorteum Holdings, Inc. announced that its wholly-owned subsidiary Consorteum, Inc. has signed a five year Prepaid Card Distribution Agreement with Peoples Trust Company to provide a “Consorteum custom branded” MasterCard prepaid payroll card program to First Nations communities throughout Canada.

Through the agreement, Consorteum will be able to market and distribute its own co-branded MasterCard prepaid payroll card (branding to be announced) such that the cards can be directly loaded by each First Nations community administration with payroll and benefits through direct payroll loads. According to the press release, the cards will be issued by Peoples Trust Company as a licensed issuer of MasterCard prepaid cards in Canada.

The company anticipates launching the program early next year, with the program initially being marketed to over 600 First Nations communities in Canada with more than 400,000 eligible participants. Consorteum will share revenues generated by the program operation directly with those participating communities and believes that the revenue sharing arrangements may create employment and training opportunities within those communities.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “After a long time planning and building the relationships required to deploy this program, we are very happy to be launching the program. This initiative is a priority for Consorteum Holdings as it validates the work put into it by a very dedicated team. Given the relationships and commitments we have already received, we expect to see the positive adoption of the program in early 2011. We expect the success of the program to drive revenues directly back to the participating communities to help train, employ and support the local First Nations communities.”

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Consorteum Holdings, Inc. (CSRH.OB) Firmly Established for Further Success

Wednesday, November 17th, 2010

Consorteum Holdings Inc. has strategically expanded its operations to cover almost every aspect of card, payment, and transaction processing. The primary focus of the company’s solutions has always been to facilitate the transfer of financial or informational value in the most cost effective, creative, and user friendly way possible, making it easier on businesses while making it attractive to customers.

Here is a sample of the markets currently being addressed by Consorteum to give an idea of their range of service.

• Unbanked/Underbanked – It is estimated as much as 30% of the work force (some 130 million in North America alone) have minimal or no banking relationship. And yet these individuals often receive things like government benefits, payroll checks, or other types of payments. The banking industry has traditionally overlooked this market because such individuals don’t readily fit the bank’s standard cost/risk model, and don’t qualify for credit cards, mortgages, and CDs. Instead, banks routinely demand $8-$15 per month to maintain a zero balance checking account, and check cashing stores can charge 2%-5% to cash a pay check. In addition, immigrant workers often face significant fees for transferring funds to support relatives in foreign countries due to a lack of a better banking solution. Electronic card transfers provide a much more attractive way for such people to access their money.

• Check Cashing – The check cashing outlet industry services over 30 million people, and processes more than $80 billion worth of checks annually, usually payroll checks having a value of $500-$600. These are mostly young blue and white collar workers in the retail and service industry, often unbanked by choice. These individuals typically spend a full 10% of their net income on associated transaction servicing fees.

• Loyalty & Reward Programs – These are marketing programs designed to attract, keep, and cultivate a company’s customer base. Good loyalty programs encourage customers to join and continue to be good customers, buying more frequently and spending more with each transaction. They usually do this by offering perks for membership and for purchases. It’s a successful and growing idea, and top level VIP programs have even acquired a social cachet exceeding the financial value to the customer. The use of card processing makes such programs easier to manage and more attractive to customers.

• Payroll Cards – Payroll cards are a simple way to give employees immediate access to their pay, and can be used at an ATM, in stores, or to pay bills. Each pay period, pay is automatically deposited into the individual’s card account. Cardholders can receive monthly statements, and do not need a traditional banking relationship. The approach is particularly useful for part-time or temporary employees.

• Health & Wellness Industry – These are card programs developed to help customers better manage their own personal health and wellness, by facilitating informational transactions related to things like health risk assessment, personal health records, emergency medical records, diet and fitness tools, medical search engines, and even genetic testing. Cards can also be used to pay for services.

• Stored Value & Gift Cards – There are already more than 2,000 stored value card programs now available, involving 7 million branded cards, and yet trend analysts still consider the industry at the early growth stage. In other words, the multi-billion market, serving tens of millions of customers, still has a long way to grow.

• Consumer Rebate Programs – Rebate programs are extremely popular, but often inconvenient for both the vendor and the customer. There’s a huge need to streamline these programs, making them simpler for users and processors, and more cost effective. Providing consumers with rebate gift cards has been shown to greatly increase customer satisfaction, leading to a more positive overall view of the vendor by the customer.

• Merchant Discount Rates – These are percentage rates charged by financial institutions and processors to a merchant every time a customer uses a credit card. The amount charged is an important financial factor to every vendor, considering the number of card transactions some businesses face. A reduced discount rate greatly increases the value of an offering to a vendor.

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Consorteum Holdings, Inc.’s (CSRH.PK) MasterCard Benefits Program Continues to Move Forward

Thursday, November 11th, 2010

Consorteum Holdings, Inc. was pleased to announce today that its MasterCard benefits pilot program with the First Nations initiative in New Brunswick, Canada, has begun the second phase of implementation subsequent to the successful deployment among the community’s administration group.

Recently doubled in size to include additional community members, the pilot program is now accepting direct deposit of funds. The company will continue to collect the valuable data provided by the pilot to support the launch of a nationwide initiative. Recently obtaining the capital required for further expansion, Consorteum anticipates having sufficient data for a scheduled multi-location rollout in early 2011.

Craig Fielding, CEO of Consorteum Holdings, Inc., stated, “After a considerable planning process we are now expanding this pilot to confirm that the data received thus far is indeed supportive of a national initiative. We have communicated with the other First Nations communities involved, introducing them to the MasterCard benefits program for rollout in 2011. We will be adding additional First Nations communities as they commit to being part of the adoption program.”

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Consorteum Holdings, Inc. (CSRH.PK) Moves Forward with Deployment of Major Initiatives via $300,000 Financing

Monday, November 8th, 2010

Consorteum Holdings, Inc. announced today it has entered into an agreement with a single investor for financing in the amount of $300,000. In exchange for the capital, the investor received a secured convertible promissory note for $300,000 bearing interest at 12% per annum.

Interest only is payable quarterly in arrears, with all remaining interest and principal due and payable on November 2, 2011. At the discretion of the investor, all or part of the principal may be repaid by the company’s common stock at a 35% discount from the average of the bid and ask price for the ten days preceding the date selected for conversion. In the event that the shares trade at a price above $0.10 for a period of twenty consecutive trading days, the company may require the lender to convert the principal amount of the loan into shares of common stock at a conversion price equal to 35% below the 20 day average bid and ask prices. Consorteum also issued the lender 7,500,000 restricted shares as part of the transaction.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “I consider this to be an important first step to allow Consorteum to move forward with its current initiatives. We are currently expanding the First Nations pilot initiative and this first infusion allows for continued rollout across Canada. We are now well positioned for this initiative’s continued deployment over the next 12 months and confident we will be on time with this and additional key initiatives planned for the coming months.”

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Consorteum Holdings, Inc. (CSRH.PK) Continues to Move Forward with Innovative Financial Solutions

Tuesday, November 2nd, 2010

Over the past several weeks Consortuem Holdings has made considerable progress with its current initiatives and established relationships. Having accumulated extensive expertise within the Payments and Transaction Industry in North America, Europe, and internationally, the company’s team is rapidly building a reputation in the financial industry with one goal in mind, “For our customers to look at us as partners, not just a technology provider.”

In September Consorteum announced that its client, First Nations Financial Services (FNFS), successfully deployed its first pilot program of MasterCard benefits cards. Originally targeted at the administration staff, the program has since been expanded to include members of the community. This initial deployment is the first of a suite of products and services, including point-of-sale services as well as additional banking, credit and related financial offerings. Consorteum is currently in negotiations with a strategic partner to augment and fund further penetration into First Nations communities.

Consorteum also recently announced that its first international payroll and multi-currency solution with UK based Blue Sea Manning Ltd., launched in March of this year, has been expanded to include additional staff members. Optimistic about the prospects of further deployments within the industry, management believes it will be able to present its results to other potential clients within the sea cruise staffing industry. Consorteum will generate revenue from every payroll and multi-currency transaction processed.

The company has also been progressing with its MyGolf Rewards initiative, which has already completed its pilot and is ready for nationwide and international expansion. Courses that were part of the pilot program increased their revenues significantly, confirming the effectiveness of the program. To capitalize on this venture, Consorteum has engaged a prominent capital company in Toronto to raise $1.5 million. The company has worked diligently to reposition and prepare MyGolf Rewards for a 2011 launch.

With so much going on and moving forward at a steady pace, not even mentioning other irons in the fire, Consortuem Holdings is constantly proving their commitment to increasing revenues as well as building increased shareholder value.

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Consorteum Holdings, Inc. (CSRH.PK) Updates Investor Community on Primary Initiatives

Tuesday, October 26th, 2010

Consorteum Holdings, Inc. announced this afternoon that it has made notable progress in the three main areas of its current initiatives. The update quantifies the current status of these divisions as the company continues to move forward with its strategic business plan.

In the release, Consorteum told investors it has expanded the Blue Sea Manning pilot initiative to include additional staff members, and is optimistic about the prospects of further deployments within the industry. The company anticipates presenting its results to other potential clients within the sea cruise staffing industry. The purpose of the pilot is to validate the effectiveness of the Company’s card program while streamlining the payroll process and reducing current workload for the administrative staff of such companies.

As previously announced, the company increased its ownership position in MyGolf Rewards to 75%. Consorteum and MyGolf Rewards management have worked diligently to reposition and prepare for a 2011 launch. The company has identified appropriate trade shows and has approached appropriate strategic partners. Consortuem is currently working on the financing required for the launch, additional international relationships and expansion into the European market.

Also previously announced, on July 27, 2010, the company officially launched the initial pilot for the First Nations card in Canada, in the New Brunswick, Madawaska Maliseet community. Originally targeted at the administration staff, the card program is now being expanded to members of the community. The program is currently being promoted to specific additional pilot communities. The Company estimates that there are over 600 locations and more than 400,000 First Nations members that can be marketed to over time. Consorteum is in negotiations with a strategic partner to augment and fund further penetration into First Nations communities.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “I believe it’s very important to keep our shareholders informed on the progress we are making in all areas, and the much more focused approach the company is now taking with respect to the financial effectiveness of our programs.”

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Consorteum Holdings, Inc. (CSRH.OB) Continues Rollout Of New MasterCard Initiative

Monday, September 20th, 2010

Keeping with its stated goal of providing clients with the best in payment and transaction solutions, Consorteum Holdings recently announced that First Nations Financial Services (FNFS) has successfully deployed a pilot program of MasterCard benefits cards. This is just the first of a suite of financial products and services meant to be deployed in support of various aboriginal communities in North America. The first community being served is the Madawaska Maliseet First Nation Community in New Brunswick, Canada.

FNFS is paying for the pilot program, which is targeted at the community’s administration group. The program is expected to provide valuable data for further expansion. The plan is to launch a multi-location pilot rollout later this year, depending upon results of this initial pilot and the receipt of additional funding. Community leaders hope that feedback from the program will eventually allow a nationwide launch of the initiative.

This is just one of many programs that Consorteum has developed to help a growing and diverse collection of organizations and companies more efficiently transfer payments and process transactions. Through its valuable connections within the financial industry, together with its flexibility and experience in tapping the most advanced technologies on the market, Consorteum always manages to come up with creative solutions and now serves clients internationally.

The company has developed customized loyalty programs for clients, designed to promote brand loyalty. They’ve also created a wide range of card-based payroll programs to facilitate making payments to employees that have problems cashing checks. In addition, Consorteum provides ways for healthcare patients to track and manage health related records and transaction. They’ve even put together a program that helps ship operators pay employees requiring different currencies.

The idea has always been to help reduce the administrative hassles involved with transaction processing, replacing it with a fast and efficient process that also benefits employees and customers.

For more information, visit www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Offers Clients Creative Ways to Save Money and Increase Sales

Tuesday, September 14th, 2010

With the many and varied initiatives and projects that Consorteum Holdings has been involved in recently, it’s easy for investors to lose sight of its foundational strengths and primary strategy in the marketplace.

Consorteum Holdings Inc. is making a name for itself in the financial services, payment, and transaction processing industries. As made clear on their website, the company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. They create customized, innovative technology solutions to augment and enhance their client’s existing financial, payment, and transactional processing systems. The idea is to allow clients to spend less time dealing with transaction processing issues, and more time focusing on their core competencies.

Perhaps more importantly, Consorteum utilizes the latest technologies to create dynamic customer oriented programs that let clients draw in new customers while better cultivating their existing customer base. Since Consorteum is not locked into its own technologies, it is free to source the best solutions worldwide, allowing them to come up with truly creative approaches.

For example, Consorteum puts together customized loyalty programs for clients, strengthening brand loyalty and market share by encouraging repeat buying and more revenue per purchase. They also offer sophisticated card-based payroll programs, making it easier for client companies to pay employees, especially un-banked or under-banked employees. In addition, Consorteum offers efficient solutions to the health and wellness industry, by providing better ways for patients to track and manage health related records and financial data. Consorteum offers more efficient rebate systems, gift card programs, benefit cards, and many other ways to help their clients reduce costs and increase revenue.

For more information on the company, visit www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Completes First Stage of Testing Currency Conversion and Payment Initiative

Tuesday, September 7th, 2010

Consorteum Holdings, Inc. this morning updated the investment community regarding the pilot program for the Company’s first international payroll and multi-currency solution with UK based Blue Sea Manning Ltd. (“BSM”). The Company officially launched the solution in March 2010.

Consorteum and BSM successfully completed the first stage of testing for deposits and currency conversions. The companies are now commencing stage two of this initiative, which includes introducing the program to BSM’s remaining employees to ensure that the program continues to perform properly. The completion of this phase will enable larger scale deployment in the coming months.

Craig Fielding, CEO of Consorteum, stated, “This initiative is aimed at streamlining the process of payment from ship owners to their thousands of employees. Now beginning stage two of this initiative, our team is very confident of continued success and are looking forward to expanding the initiative over the next six (6) months. Consorteum will generate revenue from every payroll and multi-currency transaction processed.”

Patrik Dahlgren, CEO of Blue Sea Manning, commented, “With the successful testing of the payroll system, we look forward to including more of our employees in the future. Having an automated payroll system has reduced the workload significantly for our staff, while also increasing our employees’ access and control of their own salaries.”

This is the first deployment of the international currency and payroll card program under the joint venture agreement between Consorteum Holdings and NxSystems. NxSystems is a leading provider of Global Payment Solutions that offer organizations of every size, and across every industry and geography, a comprehensive suite of innovative electronic payment products that access the global financial network.

BSM provides first class officers and crews to yachts, cruise ships, and offshore vessels around the world. With a such a strong global presence, BSM requires a comprehensive methodology for accepting payments in multiple currencies from ship owners, then converting the funds received to pay their officers and crew in the local currency of choice.

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Consorteum Holdings, Inc. (CSRH.OB) Explodes 900% on Record-Breaking Volume

Friday, September 3rd, 2010

Consorteum Holdings, Inc. traded as high as $0.03 this morning, up 900% from yesterday’s close! So far today the stock has traded over 7 million shares, well above the average daily volume of approximately 349,000 shares and a new all-time record!

Earlier this week the company announced that its client, First Nations Financial Services, successfully deployed its first pilot program of MasterCard benefits cards. Pursuant to a previous agreement, FNFS funded the expenses of the pilot.

To view the complete press release, click the following link: http://finance.yahoo.com/news/Update-Consorteum-Holdings-iw-3138960111.html?x=0&.v=1

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