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Randall Crater, the CEO of Greyshore Payment Systems, today announces its initial launching of a cashless bingo hall platform


News provided by

Greyshore Payment Systems

Jan 15, 2015, 01:02 ET

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NEW YORK, Jan. 15, 2015 /PRNewswire/ -- Today Greyshore Payment Systems, a subsidiary of the software developer Greyshore Technology LLC, today announces that the company has recently launched its newest development a Cashless Bingo System. The documents are now in circulation to finalize an agreement to offer a Cashless Bingo System pilot program for 90 Bingo Halls located in the state of Florida in statement made by Randall Crater Greyshore's CEO.  Furthermore, because electronic table games play faster than traditional table games our system will help increase what the Bingo Hall Operators take from the pot over time yielding greater annual profits for them. We can confidently go to any Bingo Hall Operator with a turn-key solution to offset their lagging profits.

The Greyshore Team Members that have contributed their time and efforts to make this Protocol possible should be recognized as rainmakers stated Mr.Crater. A cashless system is a system that performs cashless transactions and maintains records of those cashless transactions. A Cashless transaction is the movement of funds electronically from one component to another, often to or from a patron deposit account that will be maintained by the Bing Hall Operators. After the launch and success of the Florida pilot program we plan to aggressively Market our services with a National Marketing Campaign.

About Greyshore Payment Systems

Greyshore Payment Systems is headed by CEO Randall Crater, the creative force behind this innovative tech powerhouse. Mr. Crater has an extensive history in the software development business that stems over a 15 year span. By utilizing an ingenious development team and through consulting with licensed gaming executives to oversee its state-of-the-art online gaming and slot machine products Greyshore Technology LLC is positioning itself to become a force in the online gaming space. Any additional information about the company can be obtained from the company website http://greyshoretechnology.com/.

The company plans to engage attorney Adam S. Tracy and the securities law firm of the Securities Compliance Group to become its legal representative as it moves forward with future developments.

Safe Harbor Statement

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and may involve a number of risks and uncertainties. Forward-looking statements are based on information available to management at the time, and they involve judgments and estimates. Forward-looking statements include expressions such as "believe," "anticipate," "expect," "estimate," "intend," "may," "plan," "predict," "will," and similar terms and expressions. These forward-looking statements are made based on expectations and beliefs concerning future events affecting greyshoretechnology.com and are subject to various risks, uncertainties and factors relating to greyshoretechnology.com its operations and business environment, all of which are difficult to predict and many of which are beyond greyshoretechnology.com's control, which could cause greyshoretechnology.com's actual results to differ materially from those matters expressed in or implied by these forward-looking statements. New risks and uncertainties arise from time to time, and it is impossible for greyshoretechnology.com to predict these events or how they may affect it or its anticipated results. Greyshoretechnology.com has no duty to, and does not intend to, update or revise the forward-looking statements in this release, except as may be required by law. In light of these risks and uncertainties, readers should keep in mind that any forward-looking statement made in this press release may not occur. All data presented herein is as of the date of this release unless otherwise noted.

Contact:

Adam S. Tracy, Esq.
Securities Compliance Group, Ltd.
Tel. 888.978.9901

SOURCE Greyshore Payment Systems

Related Links

http://www.greyshoretechnology.com

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