Thread: Mazumah a competitor?

What is the deal with Mazumah in a posting on the board here it says that they are a sister company, while in a GreenZap release they list Mazumah as a cometitor.

announced today that it has acquired over 250,000 account holders previously serviced by Mazumah, Inc., an online transaction competitor. Mazumah assigned the rights to its database of individual account holders after adjusting its business model in early 2005 from individual online account transactions to private label payroll applications for businesses.

How can it be a competitor if it is a sister company?

Originally Posted by entrecon

What is the deal with Mazumah in a posting on the board here it says that they are a sister company, while in a GreenZap release they list Mazumah as a cometitor.


How can it be a competitor if it is a sister company?

It isn't a competitor. They mergered with greenzap..All 250,000 members.It was posted on a california news wire and is listed on the stock market news report.

Tommy,

Do you have the link to the News Wire story? I only saw the one on the GreenZap website that said they were a competitor.

Mazumah is a project of Damon Westmoreland who also founded a business called "Best Of". I bought $500-worth of shares in the company, those being guaranteed in writing to be returned to share holders.

"Best Of", rating company in which advertisers paid to be rated according, had ambitious plans to cover the entire US. Never made it. Since then I've asked for a refund (based on the written guarantee signed by Westmoreland), never received an answer and I have kissed it goodbye.

Its acquisition by Greenzap is not to my best interest (my opinion) and therefore I will simply drop Greenzap. I don't need to be fooled twice by a sister-company which took my money once.

So, if this was a Westmoreland project, how can they issue a press release saying that Matzumah was a competitor when GreenZap is also a WestMoreland project?

I deleted this because threadstarter apparently is a troublemaker for some other paymentprosessor...must be checked....!!