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Right on TrackyGirl
end of message.
There have been several other "short" share screw ups...PAIV, GLKCE, etc...and the SEC did not step in and save the MM's/Brokers...doubt it will happen here. IMO
MWM' I hope the Billions of NSS BHUB Shares
Have to be accounted for and these Crooks get it real hard, real hard in every orifice they have.
To give everyone an idea of how short this stock could be...
They have been messing with this since June of last year...
This went to no bid for months from August 06 to March 07...
When I first started buying this on June 5th of last year, I remember it well, it initially moved like it was a very low floater, my first buy was at .0005 and it moved fast to .0015. Then by afternoon a swarm of selling came in, that was the day the BS shares showed up... So as far back as June 06 we were seeing 100 million volume days, so the number of false or shorted shares could easily be in the billions...
Here are a few of my initial orders from then, it moved fast on that day...
06/05/2006 10:40:42 Bought 105000 BHUB @ 0.0005 -62.49 ---
06/05/2006 10:40:42 Bought 395000 BHUB @ 0.0006 -237.00 ---
06/05/2006 10:48:54 Bought 500000 BHUB @ 0.0006 -309.99 ---
06/05/2006 13:18:28 Bought 250000 BHUB @ 0.001 -259.99
Also let me again share the fact that I tried to sell my 3 million shares this winter, I had an order to sell at .0001 from November to Feb that luckily cancelled itself before it ever filled...
GL
Mike
OTC BB King Historical Volume PAIV, APO Health
Paiv Link APO Health Merged with JPHC with a name change to Paiv on
May 19, 2006
Look at the Volime on May 22, 2006 Paiv only has around 56 Million
Shares A/S
http://www.optionsxpress.com/quote_charts.asp?PageID=Historical&SubPageId=FIND&S\
essionID=
7/14/2006 0.042 0.044 0.027 0.037 55,070,784
7/13/2006 0.019 0.051 0.005 0.044 110,143,187
7/12/2006 0.013 0.020 0.013 0.019 31,615,342
7/11/2006 0.011 0.013 0.01 0.013 33,127,192
7/10/2006 0.008 0.012 0.008 0.011 44,062,509
7/7/2006 0.007 0.010 0.006 0.008 48,768,464
7/6/2006 0.006 0.007 0.006 0.006 10,455,351
7/5/2006 0.006 0.006 0.005 0.006 14,550,904
7/3/2006 0.005 0.006 0.005 0.005 731,000
6/30/2006 0.005 0.006 0.005 0.005 12,491,878
6/29/2006 0.005 0.005 0.004 0.005 8,763,067
6/28/2006 0.005 0.006 0.005 0.005 9,361,331
6/27/2006 0.005 0.006 0.005 0.005 4,670,392
6/26/2006 0.006 0.006 0.005 0.005 8,899,400
6/23/2006 0.005 0.006 0.005 0.005 9,849,087
6/22/2006 0.005 0.006 0.005 0.005 13,564,966
6/21/2006 0.005 0.006 0.005 0.005 9,715,692
6/20/2006 0.005 0.006 0.005 0.005 4,486,571
6/19/2006 0.006 0.006 0.005 0.005 7,499,982
6/16/2006 0.005 0.006 0.005 0.005 4,287,165
6/15/2006 0.005 0.006 0.005 0.005 8,738,528
6/14/2006 0.005 0.006 0.004 0.005 9,742,524
6/13/2006 0.006 0.006 0.005 0.005 6,319,456
6/12/2006 0.006 0.006 0.005 0.006 13,029,500
6/9/2006 0.007 0.007 0.005 0.006 6,635,055
6/8/2006 0.006 0.007 0.005 0.006 12,219,807
6/7/2006 0.005 0.007 0.005 0.006 38,277,207
6/6/2006 0.006 0.006 0.005 0.005 29,157,014
6/5/2006 0.006 0.007 0.006 0.006 12,968,480
6/2/2006 0.006 0.007 0.006 0.006 27,127,445
6/1/2006 0.007 0.007 0.006 0.006 31,028,762
5/31/2006 0.006 0.007 0.006 0.006 28,960,252
5/30/2006 0.006 0.007 0.004 0.006 85,598,804
5/26/2006 0.005 0.006 0.004 0.006 146,078,259
5/25/2006 0.007 0.007 0.004 0.006 224,541,371
5/24/2006 0.009 0.099 0.008 0.008 406,496,755
5/23/2006 0.003 0.009 0.003 0.007 760,425,733
5/22/2006 0.001 0.003 0.001 0.002 920,928,086
5/18/2006 0.009 0.014 0.007 0.01 1,063,402
5/17/2006 0.009 0.009 0.009 0.009 152,500
5/16/2006 0.006 0.01 0.006 0.008 1,902,676
5/15/2006 0.007 0.007 0.005 0.006 880,000
5/12/2006 0.008 0.008 0.008 0.008 202,000
5/11/2006 0.009 0.009 0.008 0.008 417,500
5/10/2006 0.013 0.013 0.009 0.009 565,099
5/9/2006 0.012 0.012 0.01 0.012 412,260
5/8/2006 0.009 0.014 0.009 0.013 744,263
5/5/2006 0.007 0.007 0.007 0.007 67,500
5/4/2006 0.007 0.007 0.007 0.007 24,000
5/3/2006 0.007 0.009 0.007 0.009 8,333
5/2/2006 0.007 0.007 0.007 0.007 150,000
5/1/2006 0.009 0.009 0.007 0.007 318,200
4/28/2006 0.009 0.01 0.007 0.009 658,700
4/27/2006 0.008 0.008 0.008 0.008 177,500
4/26/2006 0.015 0.018 0.005 0.007 4,909,664
4/25/2006 0.014 0.014 0.012 0.012 75,333
4/24/2006 0.014 0.014 0.014 0.014 5,000
4/21/2006 0.018 0.018 0.018 0.018 9,000
4/20/2006 0.014 0.015 0.014 0.014 200,000
4/19/2006 0.012 0.012 0.012 0.012 2,500
4/18/2006 0.012 0.012 0.012 0.012 5,000
4/17/2006 0.015 0.015 0.012 0.012 13,550
4/13/2006 0.012 0.012 0.012 0.012 16,500
4/12/2006 0.00 0.00 0.00 0.015 0
4/11/2006 0.00 0.00 0.00 0.015 0
4/10/2006 0.014 0.015 0.014 0.015 43,450
4/7/2006 0.02 0.02 0.014 0.018 170,000
4/6/2006 0.018 0.02 0.018 0.02 56,000
4/5/2006 0.00 0.00 0.00 0.019 0
4/4/2006 0.019 0.019 0.019 0.019 20,000
4/3/2006 0.00 0.00 0.00 0.019 0
3/31/2006 0.02 0.02 0.019 0.019 14,000
3/30/2006 0.015 0.021 0.015 0.019 39,000
3/29/2006 0.015 0.015 0.015 0.015 1,000
3/28/2006 0.014 0.014 0.014 0.014 25,000
3/27/2006 0.00 0.00 0.00 0.014 0
3/24/2006 0.014 0.014 0.014 0.014 336,200
3/23/2006 0.00 0.00 0.00 0.015 0
3/22/2006 0.015 0.015 0.012 0.015 115,000
3/21/2006 0.015 0.015 0.015 0.015 19,200
3/20/2006 0.015 0.015 0.015 0.015 13,000
3/17/2006 0.00 0.00 0.00 0.02 0
3/16/2006 0.02 0.02 0.016 0.02 22,640
3/15/2006 0.02 0.021 0.02 0.02 114,600
3/14/2006 0.017 0.022 0.016 0.02 264,000
3/13/2006 0.02 0.02 0.02 0.02 5,000
3/10/2006 0.027 0.027 0.019 0.019 156,167
3/9/2006 0.03 0.03 0.025 0.027 171,000
3/8/2006 0.014 0.03 0.014 0.025 735,350
3/7/2006 0.01 0.011 0.01 0.011 37,200
3/6/2006 0.009 0.009 0.009 0.009 10,800
3/3/2006 0.00 0.00 0.00 0.01 0
3/2/2006 0.01 0.01 0.01 0.01 2,800
3/1/2006 0.009 0.009 0.009 0.009 1,000
2/28/2006 0.01 0.01 0.01 0.01 15,000
2/27/2006 0.01 0.01 0.01 0.01 25,000
2/24/2006 0.011 0.011 0.011 0.011 4,000
2/23/2006 0.01 0.01 0.01 0.01 40,000
2/22/2006 0.01 0.01 0.01 0.01 3,000
2/21/2006 0.008 0.01 0.008 0.01 125,200�
Maybe BHUB could
With the situation we are in have all shareholders pull their Certs do a name with CUSIP# change issue new Certs to us shareholders.
Now what do you think that would do?
Authorized Shares: 50,000,000 as of 2007-04-05
Great Pinksheets updated
BHUB -- BigHub.com, Inc. (THE)
Com ($0.001)
Search for Dun & Bradstreet reports on this company.
Address:
1820 NE Jensen Beach Blvd.
Box 634
Jensen Beach, FL 34957
USA
Phone: 267-350-9443
Business Description:
The BigHub.com, Inc. is a development stage company.
Primary State of Incorporation: Florida
Country of Incorporation: USA
Officers:
Darrell Peterson, President
Fiscal Year End: October 31
Edgar Filing Status: Non-Current EDGAR Filer
Outstanding Shares: Not Available
Estimated Market Cap: Not Available
Authorized Shares: 50,000,000 as of 2007-04-05
Current Capital Change:
shs decreased by 1 for 20 split
Ex-Date:
Record Date:
Pay Date: 1998-08-10
Dividends:
Company Notes:
Formerly=Coordinated HealthCare, Inc. until 7-98
Formerly=Isleuth.com, Inc. until 5-99
Transfer Agent:
Not Available
*********************************************************
UPDATED A/S ON PINKSHEETS.........seems some actually did NOT see it yet?????
http://www.pinksheets.com/quote/company_profile.jsp?symbol=BHUB
Bigdogs The Complainers will be Complaning
And posting negative opinions with no FACTS. The audited fiancials are out on the PNMS Web Site.
The Company has followed through on everything they stated they would do.
Thanks for the DD that you and others here that post FACTS.
***********************************************************
Strato
If you dont believe then Leave. You are here for a reason. Pinkies may not be for you. If you want a safe, and reliable investment put your money in the bank. Lots of people like myself have done there DD and will continue to buy and then order our certs. Tell your bosses the shares will be drying up soon.
Cash is king and PNMS has tons of it 20 million values this at .003-.0035 right now. Like it or not its certified to be true.
I have done my calculations on revenues and my estimates are in the pennies thus the .02 - .04 offer. PNMS knows what there company is worth.
Your not gonna get any cheap shares from me. If you cant play with the bigdogs stay on the porch like Chapco said.
Pinkies are not for the majority that cannot take the risks.
By the time all is said and done my goal is to have 20-30 million shares in the next few weeks and each week I will call in those shares I bought at the beginning of the week.
BHUB Opinion
At the Bottom of this article from Ant & Sons it states that BHUB will do a Reverse Merger in the future.
"New Jersey based Olde Monmouth Stock Transfer, and updates will be issued in the near future. The company still plans on using the shell for a reverse merger in the future."
Seems with all the publicity BHUB is getting a R/M may be put on fast track.
Also with the BHUB Share Structure posted by Art2Getcko stateing the A/S of 50MM and the O/S 21MM with the amount of shares traded in BHUB on a daily basis and the very possible Short Squeeze situation we may have in BHUB the risk is LOW IMO.
Posted by Art2Getcko
OK, from what I understand the authorized is still 50MM, the legal OS is still 21MM, and that rumored 150MM number was a number Darrell got from Select American transfer, and was the number of "unregistered shares" that they printed. As far as the billions of shares that have traded, lol, I have no idea. I hear the OS gets updated Monday AM on pinksheets.huge fodder here for a massive short squeeze.
**********************************************************
Ant & Sons Article
The Real Deal on The Big Hub.com, Inc.
Thomas J. Catino
4/05/2007 10:29 AM EST
E-mail author | E-mail article | RSS | Link
Due to many letters from our readers on The BigHub.com (OTC: BHUB), we had to write a piece on the company, especially given what appears to be a very explosive situation surrounding the possibly hijacked shell and unregistered shares sold that might have to be covered. The story is still developing, but here is what we know so far;
The BigHub.com (OTC: BHUB) was merely a dormant shell that barely traded... that is until rumors circulated that mentioned BigHub.com as a potential reverse merger candidate. Soon after, Yucatan Holdings, the owners of the shell, commented and put out a press release on March 28 which stated the company did not know or have any discussion with regards to the speculated interest of Cyberhand Technologies in BigHub.com. What was more intriguing, however, is that the company said it was concerned about the recent activity in its shares because it seemed too excessive. BigHub.com common stock listed on the PinkSheets has traded on some days during the month of March, well above half a billion shares.
What could be the cause of such active trading? In 2005, individuals by the name of John Sparrow and Jason Wong registered a corporation using the name The BigHub.com Inc., according to Florida Secretary of State documents. It is not certain at this point, but there is speculation that Sparrow and Wong might have opened an account with Select American Transfer and claimed ownership of the company which would have given them the ability to change the share structure and sell shares on to the open market. A representative at Select American Transfer would not comment on the situation, only to say that the company ceased to be the transfer agent for BigHub.com two weeks ago. John Sparrow could not be reached for comment.
In a follow up by BigHub.com on April 2, the company announced it added Jayme Dorrough to the Board of Directors and has appointed Darrell Peterson as interim President. Peterson went on to say, "the company is working through counsel to update and disseminate information concerning the current structure of the company and outline the company's intent on future projects it may be involved in. The company plans to update the http://www.pinksheets.com web site within the next few days." At the time of publication, PinkSheets has failed to update the corporate listing for BigHub.com Inc. which still lists John Sparrow as President.
However, Darrell Peterson told Ant & Sons that the company is working diligently to update that information. The company's legal team is being very pro-active and investigating the irregular trading activity that could have occurred as a result of unregistered or illegal shares hitting the open market. Peterson confirmed that there has been no share authorization increases since the last 10-Q SEC filing that indicated there were 50,000,000 shares authorized and 21,685,521 shares outstanding, despite the common stock of BigHub.com trading in excess of 391 million shares in today's trading session alone. BigHub.com Inc. is currently sending documents to a new transfer agent, New Jersey based Olde Monmouth Stock Transfer, and updates will be issued in the near future. The company still plans on using the shell for a reverse merger in the future. Stick with Ant & Sons for the latest.
The author does not have a vested interest in shares of The BigHub.com Inc. (OTC: BHUB)
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Ant & Sons is an independent provider of investment commentary, research,
*********************************************************
By the Close of Business April 9, 2007
Additionally, the Company has been in discussions with Select Stock Transfer with respect to the current information regarding the share structure of the Company. Select Stock Transfer has advised the Company that they expect to forward conclusive information to corporate counsel and the newly appointed stock transfer agent by the close of business Monday April 9, 2007. The Company expects to update the investing public shortly thereafter.
JENSEN BEACH, Fla., April 5 /PRNewswire-FirstCall/ -- The Big Hub.com, Inc. (Pinksheet: BHUB) announced today that it has updated the following information:
1. The Company has filed and brought current corporate annual reports with
the State of Florida. The State of Florida advised the Company that the
updates should be reflected on the web site within 3-5 business days.
2. The Board of Directors has approved by resolution the appointment of
Olde Monmouth Stock Transfer as stock transfer agent for the Company
3. The Company has updated and expects http://www.pinksheets.com to
reflect the information provided within the next 24 hours.
Additionally, the Company has been in discussions with Select Stock Transfer with respect to the current information regarding the share structure of the Company. Select Stock Transfer has advised the Company that they expect to forward conclusive information to corporate counsel and the newly appointed stock transfer agent by the close of business Monday April 9, 2007. The Company expects to update the investing public shortly thereafter.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of The BigHub.com, Inc. to be materially different from the statements made herein.
SOURCE The Big Hub.com, Inc.
Source: PR Newswire (April 5, 2007 - 3:04 PM EDT)
Thankyou subline and Trackygirl
Lets hope for the best
In 0023 and 0024
Hang on
Successful Launch of New Forex Website
LAS VEGAS, NV, April 5 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce that it has received several hundred sign-ups for Forex demo trading and live trading during the first 2 days of operation. Many of these were received via direct email, while others use the submission form at the cashnow.com website.
The Company is making some minor administrative modifications in conjunction with Advanced Markets, Inc. primarily in the administrative back office reporting area. However, the site (www.cashnow.com) has operated up to all expectations during this first week of live trading, with no reports of system problems.
Esprit's webmaster will be tracking traffic for analysis in conjunction with Advanced Markets throughout the remainder of the week, and will provide additional updates early next week.
In other news, the Company has developed a mirror website with completely revamped graphics. It will be launched over the long weekend, at www.lowpips.com. This will be an autonomous website. As the Forex trading program rolls out, the Company is evaluating offering sub-IB accounts within the 'Biz-Opps' community as a mid-term business growth model. The Company will provide fully functional trading websites, along with advanced Search Engine Optimization (SEO) to qualifying candidates.
Garr Winters, Esprit CEO concludes that: 'This launch week has met our every expectation from a technical and sales perspective. We purposely started without aggressive marketing, to allow for a shakeout period. We now feel confident in the system, and will step up the online marketing support to drive traffic to the site. With the launch of the second website, we will be able to capture a broader audience responding to a completely different look and feel from a graphics point of view. This will also be very effective as a tool to optimize SEO marketing initiatives.'
About Esprit Financial Group Inc.
Esprit Financial Group Inc., (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.
Payday Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.
Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and providing banking capabilities to consumers without requiring that they have a bank account.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
Source: PR Newswire (April 5, 2007 - 6:00 AM EDT)
News by QuoteMedia
www.quotemedia.com
Found this on CUSIP Number changes
Seems to me everything is electronic and should be done fast. I wonder why it took so long?
https://www.cusip.com/static/html/cusipaccess/whats.html
An The CUSIP Service Bureau’s on-line application is used to submit requests for the assignment of CUSIP numbers for new or existing Issuers globally. The CUSIP Request system uses an advanced technology platform that expedites the assignment process and permits the timely return of CUSIP numbers, CINS numbers, CSB ISINs and standardized descriptions to ‘Requestors’. The application form and accompanying electronic documentation are all that is needed to complete the request.
It is recommended that requests for CUSIP number assignments
be made prior to the Sale or Offering date to ensure the timely receipt
and distribution of CUSIP numbers
https://www.cusip.com/static/html/cusipaccess/index.html
The CUSIP® Service Bureau, operated by Standard & Poor's for the American Bankers Association, exists for the primary purpose of uniquely identifying issuers of securities and other financial instruments within a standard nine-character framework, and disseminating this information to the financial marketplace.
marikat Good Job
I know a lot of us here are frustrated over the Name and cusip change. There are a lot of good posters here that do great DD and you have just joined the crowd Good Job.
*********************************************************
just got off the phone with the 212 number that was supplied just moments ago. they have nothing but a direct feed to nasdq. they supplied me with the number to nasdq (203-375-9609). i then got on the phone with a woman there, then on hold, then she came back and said that the person working on the ticker change is jennifer faynor and that she is working on it right now and that jennifer would email me either late today but most likely tomorrow with all info on it. absolutely do not sell. any day /moment is the feeling i got off the phone with but most importantly, i should have concrete answer by tomorrow.
Has there been dilution here
I was in GMSC around 6 months ago and can't beleive where the SP is now
News April 4 on Luggage
Press Release Source: The Coalition for Luggage Security
The Coalition for Luggage Security and Richard A. Altomare Call for Barring Luggage from Airports, Travelers Ship Bags Ahead
Wednesday April 4, 7:00 am ET
Proposes Ways to Make Nation's Security Stronger at Chamber of Commerce's Aviation Summit
NEW YORK--(BUSINESS WIRE)--The Coalition for Luggage Security, with Universal Express, Inc. announced today that making air travel safer demands a new system to eliminate luggage from domestic air travel by requiring travelers to voluntarily ship their suitcases prior to the departure date. Michael McCauley, President, Universal Jet Aviation, a jet charter service subsidiary of Universal Express (OTCBB: USXP - News) represented Richard A. Altomare, a veteran logistics and air courier business leader who serves as Founder and Chairman of The Coalition and is CEO of Universal Express, at the U.S. Chamber of Commerce's "Aviation 2007: Ready for Takeoff" summit being held at the Chamber of Commerce's headquarters here. Mr. McCauley replaced Mr. Altomare as the moderator of one of the summit's panel discussions called "Strengthening America's Security and Economy" in which he introduced speaker Edmund S. "Kip" Hawley, Assistant Secretary, Transportation Security Administration, U.S. Department of Homeland Security. Universal Express with The Coalition for Luggage Security and CIT finance co-hosted the annual summit.
ADVERTISEMENT
Other featured speakers at the summit - whose theme focuses on how the aviation industry is ready for takeoff after a turbulent few years - were: Marion Blakey, Administrator, Federal Aviation Administration; Monte Belger, Vice President, Transportation Systems Solutions, Lockheed Martin Corporation; W. Douglas Parker, Chairman and CEO, US Airways Group, Inc.; Jack Pelton, Chairman, President and CEO, Cessna Aircraft Company; Neil Planzer, Vice President Strategy, ATM Programs, The Boeing Company; and Jim Coon, Republican Chief of Staff, Committee on Transportation & Infrastructure, U.S. House of Representatives. The day-long summit is addressing a wide range of key issues such as the congestion crisis, aviation advancements, strategic alliances, and legislative updates.
In Mr. Altomare's remarks, which can be viewed at the company's website (www.usxp.com), he highlighted security ideas being proposed by The Coalition and urged the need for a "creative and staged exit plan from our airports" and their present security system to better improve expenditures, deployment of personnel, luggage and personnel movement. "The solution to making security stronger at airports is to separate passengers from their luggage. Elimination of their suitcases also eliminates long lines and the average wait time of two hours at airports, flight delays, hour-long boarding and deboarding, financial losses and costs to transport bags, and the need for additional fuel," said Mr. Altomare. Lost luggage is also an issue, given that "57 suitcases are misplaced every minute and 15 percent of those will never be found."
Proposing Shift in Traveling Paradigm
Mr. Altomare has been an outspoken leader in the logistics industry, especially about current security issues concerning luggage in the nation's airports. He founded The Coalition in 2005 as an outgrowth of his fundamental belief that suitcases are cargo and should be shipped separately from passengers for security reasons. Besides creating the luggage shipment industry he also has been a vocal proponent of examining accepted practices and norms, recommending an entire shift in the traveling paradigm to benefit business and travelers alike. According to Mr. Altomare, unlike what many people think separating luggage from flights is not a logistical nightmare. "The core of the solution is utilizing the private sector and requiring the separation of baggage from travelers so they ship their bags prior to the departure date. It's a matter of changing the way luggage is handled," he said. Instead of travelers taking their baggage through airport check-in points they would use a new procedure for shipping their luggage in advance to reach their destination in time for their arrival. This would allow the U.S. Postal Service along with 4,000 parcel carriers to handle baggage that is currently carried by the airline industry. Mr. Altomare recommended the procedure be directed by a designated leader of the luggage movement industry.
"The Coalition's proposals for changing what has become 'normal travel' for people domestically, requires courage and foresight, but the rewards can be historical," Mr. Altomare said. As examples, creating separate lines for "no luggage" travelers so they can arrive 25 minutes before a flight; different ticket prices for those with suitcases and those having none. "Separating passengers from their luggage would unclutter our airports, save taxpayers' money, reduce governmental expenses, shorten lines, and eliminate the creation of unnecessary fear into the hearts of Americans - and inevitably it will save lives," he said.
A white paper published by The Coalition for Luggage Security that elaborates on Mr. Altomare's proposals and objectives to solve luggage and cargo safety issues on airlines and at airports is available at: http://www.luggagesecuritycoalition.com/downloads/securitywp.pdf.
About The Coalition for Luggage Security
The Coalition for Luggage Security was established to ensure the safety of travelers through alternate means of luggage transportation. The Coalition consists of prominent businesspersons and companies that educate the public, Congress and the Administration on the importance of solving the luggage and cargo safety issues that exist in airlines and airports.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Coalition for Luggage Security
Faye Sora, 212-239-2575
www.luggagesecuritycoalition.com
Source: The Coalition for Luggage Security
Write your Comments to the SEC on Extension
http://www.sec.gov/rules/proposed/2007/34-55520.pdf
http://www.sec.gov/cgi-bin/ruling-comments
Write your Comments to the SEC on Eetension
http://www.sec.gov/rules/proposed/2007/34-55520.pdf
http://www.sec.gov/cgi-bin/ruling-comments
All the Pumpers are here
AGHD will move on its own. The Pumper Click is here.
HAPPY LANDINGS
Is this the Blockbuster news. I hope there is more coming. I listened to the March 27 web cast and it sounded like there was more coming I hope.
Through its luggage delivery service, Universal Express hopes to create the day when flyers can enjoy smooth and hassle-free travel. By Hanna Aronovich
EP_10.jpg
MAR05_index.jpg Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Universal Express also provides worldwide package delivery for consumers, and is working to unify the private postal stores. Altomare explains private postal stores are nationwide and independent retailers that specialize in business services, such as shipping, packaging, imaging, photo-finishing, copying, office supplies and commercial mail receiving. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
The company was originally founded in 1983 as Packaging Plus Services. It ran into bankruptcy and, in 1988, Altomare took over as trustee and CEO. He pulled the company out of bankruptcy and changed its name in 1997 to Universal Express. Altomare also refocused the company’s operations to provide the private postal industry with revenue-generating products and services. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Prior to purchasing Universal Express, Altomare was an investment banker and reorganization specialist, with extensive experience in turning around failing businesses. The concept expanded and, under the Luggage Express division, began picking up suitcases at the traveler’s home prior to a trip and transporting them to the hotel or end-destination. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
In 1998, the company introduced Luggage Express Found, a service that delivers lost luggage to the owner. When an airline locates a traveler’s lost luggage, it contacts Luggage Express Found to deliver it. Luggage Express Found has contracts with more than 35 domestic and international airlines. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
“On average, airlines lose one suitcase every second,” Altomare says. “Each time we delivered a suitcase that the airline had lost, we gave the customer a coupon to Luggage Express to encourage the customer to use our service and avoid lost suitcases in the future. We have never lost a suitcase yet.” Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Altomare acknowledges that the idea of luggage delivery took some time for travelers to accept. “The idea seemed far-fetched before 9/11, but when the airport regulations became stricter, people began using luggage delivery more and more,” he says. “It makes the travel experience safer and more pleasant without worrying about suitcases.” Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Luggage Express takes several security measures to ensure safe shipments. All couriers are bonded, and every bag is scanned, X-rayed and tracked. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Originally, Altomare thought senior citizens, travelers with disabilities and wealthy individuals would be the primary customers. However, as the company’s volume increased and its prices dropped, a wider range of customers began using the service. “We reduced our prices from $200 a suitcase to $45 a suitcase, and now a lot of families with children and businesspeople use our services,” he says. “With some government funding, we think we can reduce the price even further – down to $15 or $20.” Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Universal Express has formed strategic alliances with major credit cards, cruise lines and travel agencies to help make its services more available to customers. “Many cruise lines include our service for free,” Altomare says. “And, sometimes our service is included with certain hotel reservations. It’s a process that takes time for people to adjust to.” Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
He says negotiations are currently underway with airlines to offer the luggage service for free to first-class and business-class passengers. Altomare recognizes many travelers feel anxiety the first time they travel without their luggage. However, Universal Express communicates with the customer until the suitcase is delivered. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
“Once the suitcase is picked up from the customer’s home, the Luggage Express associate stays in touch and informs the customer on where the suitcase is,” he explains. “We communicate with the customer by phone, fax or whatever method they prefer. “If the suitcase arrives at the hotel before the customer arrives, the hotel can sign for it and put the suitcase in the customer’s room. It makes checking into the hotel easier, too, because the room has already been assigned.” Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Universal Express transports suitcases around the world. Altomare says the company outsources its transportation and contracts with more than 4,000 couriers – such as FedEx and DHL. “Those couriers log on to our system, bid for the suitcase and we track it and manage the process,” Altomare says. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Ready for Change
Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations. Universal Express says it is working a niche in the travel industry that will streamline travel for passengers and cargo, as well as create 300,000 civilian jobs. Revolutionizing the travel industry isn’t easy, but Richard Altomare is dedicated to the mission – one suitcase at a time. Universal Express specializes in luggage delivery, and the company is expanding its market presence through partnerships with travel agencies and other organizations.
Altomare says that in the New York-area airports alone – JFK, LaGuardia and Newark – 100 million passengers were processed in 2005, and globally, carriers mishandle more than 30 million bags each year – resulting in $2.5 billion in added costs.
“There is no branded, consumer-accepted commercial luggage transportation service anywhere else in America,” Altomare states. “[Universal Express’] service includes luggage collection from home, hotel or business, and delivery to consumer’s end-destination.
“Immediate benefits to the travelers include convenience, help with large and heavy luggage items, avoiding long baggage check-in lines and minimizing pre-flight waiting time, as well as delays at retrieval carousels at journey’s end.
“The inbound service includes collection by local postal stores of passenger’s luggage and then delivery by major carriers to the final destination. Arrangements for international customs clearance [are] part of the service.”
Altomare says airlines will benefit from luggage transportation services through increased customer satisfaction, easier check-in, a secure alternative to curb-side check-in, less congestion in the departure hall with less luggage to screen and minimized departure delays.
“The airline industry has been adversely affected not only by the 9/11 terrorist attacks, but also by billions of bags transported by the airline industry each year creating the potential for additional security breaches and continued lost revenue,” Altomare explains in his white paper, More Safety, Less Hassle for American Travelers: A Private Sector Solution. “Several airlines are either operating in bankruptcy status or are on the verge of bankruptcy or collapse. Universal Express is offering a solution that will not only decrease the security costs associated with airline travel, but also has the potential to create revenue streams and save taxpayers billions of dollars.”
Altomare points out that although more funds have gone toward security training and screening equipment, “it falls short of addressing a major source for the security problems and the associated costs: the baggage transported by the airlines for the passengers.
“The current system gives passengers no incentive to limit the baggage they carry,” he continues. “Therefore, airlines are spending additional money on baggage screening and transporting unrelated to passenger movement.”
Universal Express says separate security fees for passengers and baggage are an economical solution. “The proposed solution involves separating the baggage from its passengers and encouraging travelers to ship their bags prior to their departure date,” Altomare explains.
Universal Express proposes that airline passengers would still have the option to check bags at the airport, but they would incur a security fee for each checked bag. Taking the more economical route, Altomare says, customers would opt to ship their luggage with Universal Express.
The benefits of this system also include greater homeland security. “Decline in passenger baggage reduces the prospect of infiltration of terrorist devices onboard airplanes and reduces the chances for security breaches,” Altomare says. “Managing security measures to protect passengers becomes easier when baggage is separated from its passengers.”
Most airlines support Universal Express’ initiatives, Altomare states. “Airlines are overwhelmed with passenger luggage,” he explains. “They currently transport double the number of bags than passengers each year, and this number is only increasing with the new stringent carry on rules and as the aviation industry rebounds from 9/11. A number of airlines around the world, including British Airways, Aer Lingus, Air Canada, Flybe, Ryanair, Norwegian and Spirit airlines, already have put in policies limiting passenger luggage on their airplanes.”
Altomare notes airlines would benefit from lower operating costs and additional revenue streams. “Airlines would be able to reduce the resources used for baggage claims, delayed baggage delivery and compensation for the passengers’ lost baggage,” he explains, estimating that the industry could save about $8 billion in operating costs on domestic flights.
Airlines can generate revenue by charging passengers to check their luggage at the airport. Altomare estimates these fees could generate between $15 billion and $27 billion of additional revenues for airlines.
Separating luggage from passengers would also create additional jobs in the transportation industry, Altomare says. “The proposal would result in business for baggage-handling and transportation activities for 500 million bags,” he states. “Parcel carriers would gain billions of dollars in new revenue for providing pickup, inter-city transportation and delivery to final destination. These carriers would generate thousands of new, high-paying jobs for workers at USPS and UPS, as well as FedEx and DHL.”
Working Together
Universal Express’ divisions all draw on their synergies and work together to achieve success, Altomare says. Luggage Express delivers luggage, while Luggage Express Found delivers lost luggage. Through its Virtual Bellhop division, the company partners with cruise lines, tour companies, corporate events and travel agencies to provide luggage delivery.
Recently, Universal Express introduced MadPackers, a moving service for college students. Altomare says this introduces customers to Universal Express at a younger age and could make them lifelong customers.
Universal Express operates additional logistics and transportation services. The UniversalPost Network, for example, is an association of private postal stores. Altomare says he recognized the needs of storeowners and envisioned how the industry could benefit by consolidating as a group to secure lower shipping rates, generate new revenue streams for storeowners and expand the industry as a whole.
Universal Express Capital is a full-service, asset-based transportation and equipment lessor. The company provides capital acquisition funding in the form of lease financing to businesses, as well as Universal Express affiliates and subsidiaries. The company says its “dedicated team of professionals has forged strategic alliances with various manufacturing firms within an identified spectrum of markets.” Programs are designed to serve the needs of national manufacturers, regional distributors, and local vendors and dealers.
Another service is the Universal Express Courier Association, which unifies courier members to create cost-effective delivery through consolidated rates that independent couriers could not negotiate. The association provides members with discounted rates on products and services such as shipping, office equipment, wireless services, uniforms, pallets, boxes, line-haul rates and airline consul rates.
Moving Forward
Altomare says Universal Express has been recognized by the Wall Street Journal, the New York Times and Forbes, and is a chosen partner of Crystal Cruises. The idea of luggage delivery is slowly gaining acceptance. “It just takes time, and we’re patient,” he says. “Our business is growing at a rate of 100 percent a month. We started off delivering five suitcases a month, and now we deliver up to 20,000 suitcases a month.
“As far as a specific vision,” he continues, “we plan to continue forming strategic partnerships and making acquisitions. We are looking at franchising the Luggage Express opportunity in America. We want to be on the American Stock Exchange, and we want to be a household name. Once any one of those things occur, I think we would have achieved success.” USBR
Thanks eye ater
Not sure what it means but I am sure its positive
Things are looking up IMO
Hope all goes well so the Company can start its Business Plan
Do you have a Link to fiancials
EOM
Great News and still at 0011 ?
Not the Compnaies fought IMO they are doing everything they said they would.
** CHNW NEWS!!
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Signing of Letter of Intent With Japanese Delegation For Development of Payday Loan ChainLast update: 4/3/2007 9:00:00 AMLAS VEGAS, April 3, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) is pleased to announce that a Letter of Intent (LOI) has been signed with a Japanese delegation after negotiations concluded late last night. The LOI is for the development of a chain of Payday Loan centers that will be located along the Southern California coastline. A total of about 50 turnkey stores will be constructed over the next several years, utilizing Esprit's proprietary Cash Now software and system. Esprit will also assist in the build-out of each location, as well as providing licenses on the software itself. Each location represents approximately USD $150,000.00 in fees, revenues and build out costs with a total budget of approximately USD $7,500,000.00 million dollars over the construction period. The Japanese company will be developing the stores under their own banner, which has not yet been finalized. Their existing business model is providing loans for small cap and high risk mortgages as well as money transfers in conjunction with Western Union. Esprit CEO Garr Winters noted; "This is a major contract for our Payday loan division. We are working with a well-capitalized company that shares our vision of the growth potential for these services. The breadth of our capabilities was one of the key factors in their decision. Not only do we offer traditional payday loan services coupled with our powerful back-end office systems and proprietary Trust Vault, but our capabilities with domestic and particularly our international prepaid debit and branded Visa/Mastercard products was a major factor in the decision". Winters added; "We anticipate that a formal agreement will be signed within a 30 - 45 day time frame. Additionally Esprit is seeking out an exclusive first right of refusal on the repurchase of these locations. Both parties are keen to get this business deal started. Importantly, given our scalable systems, this undertaking will not have a material impact on our monthly burn rate. Profit margins are very attractive, even after accounting for the volume discounts factored in to the deal". About Esprit Financial Group Inc.
OmeyHomey heres the answer on credibility
How credible are our financial institutions in the USA along with our regulating Agencies? Greed all Greed from the top down.
I still beleive the USA is the best country in the world but a lot of corrupt people runnuing these agencies should be put in jail, but instead they are praised and given huge compensation packages and perks.
While the regular person you and I get the you know what.
I have written my senators many times with not one response back yet on the the corruption going on not only in goverment but also the Financial Markets. We all should get involved and make noise. If not it will persist.
They better get a grip on this.
****************************************************************
What is the credibility of these articles though. As much as I want to believe these 100% i am still keeping on my skeptics hat (even tough I predicted much of this on my own a year ago. Hypothetically if all that is true are even swiss banks safe? Seems like the only real place to store ones $$ is the last place in the world the western world has any influence (the middle east). Dubai perhaps? who knows.
Liszt Chopin What stupid people who read the PR's or
Contacted the Company would file a Complaint against such a superb management team we have with Espirit? The complaints if any should be towards the brokerage and market makers IMO.
Lets ask who here filed a SEC Complaint, the reason for the filing, and who is the Complaint filed against.
OK Speak up.
**********************************************************
URGENT! Shareholders are notifying/making complaints to the SEC about Esprit, as if they themselves are doing bad practices. The IR says the company just wants to do their job, and has been honest with us with the PRs, and now the shareholders are making complaints to the SEC! I am so disappointed with our shareholders. Its not the company's fault that the MMs are working together to drive the PPS down. Winters is being totally fair and honest with us, and here the shareholders go behind his back and make a complaint against him. I think at this point Winters needs to hold a live shareholder teleconference.
ickyy hope so
But I am in agreement with your statment but not sure on the .005. I think the T/A, the MM's, DTC, the SEC, the NASD are all corrupt and I am one pissed dude.
I am sick of this corruption and made my facts know to my Senators. As if they care but I will not stand by and say nothing. Freakin people deserve the worst on them.
***********************************************************
ya i think the t.a stinks also.......the forex open on are old name..not cool ....long n strong ...but fed up with all the dumb games that is going on with this stock....buyback..or no buyback...name change......hedge fund? ? ? are last run had none of that stuff...wouldnt doubt if the t.a is in with the mm's so those crooks could cover...will all work out thou....so dont give in ...i think by the end of april we should be around .005+.
Read about a lawsuit against Corruption in Markets
Send this to everyone you know including Senators.
http://www.worldreports.org/news/55_high-level_criminals
http://www.worldreports.org/news/36_high-level_criminals
Read about a lawsuit against Corruption in Markets
Send this to everyone you know including Senators.
http://www.worldreports.org/news/55_high-level_criminals
http://www.worldreports.org/news/36_high-level_criminals
Read about a lawsuit against Corruption in Markets
Send this to everyone you know including Senators.
http://www.worldreports.org/news/55_high-level_criminals
http://www.worldreports.org/news/36_high-level_criminals
Read about a lawsuit against Corruption in Markets
Send this to everyone you know including Senators.
http://www.worldreports.org/news/55_high-level_criminals
http://www.worldreports.org/news/36_high-level_criminals
Whats up with the T/A
IMO we should have been done with the Cusip# and Name Change. Is this T/A working on the Companies behalf or the Market Makers.
I have not had good experiences with T/A's
Has anyone checked with the Company lately on their opinion.
I do not like this.
We have a Great Company and management team, whats the T/A's holdup excuse?
OmeyHomey your wrong
Then why is the old T/A not giving information up to the new T/A. ( I hope from what Dallas says it is now done). He was told to give all the info to the new T/A by court order. He ignored this Court order. He has caused the Company to spend money, Company money, Why?
Look, I talked to this guy more times than you and Rind. For hours ,yes the market makers and brokerages are crooks, yes the SEC is not working for us, but neither was the old T/A. Oh it seemed like he was but he is only out for his interests. It shows, there is no excuse for the old T/A acting like he has.
These are our restricted shares not his. He does not give a DING about us shareholders as I thought he did. He has caused more problems setting the timetable of the Company to go on with its Business plan. He has screwed up the company not filing on time due to his not cooperating with the Court order.
Now if you want to still say he is on the up and up like I use to think then that is your perogitive but again IMO your dead wrong.
*******************************************************
i disagree, rind and I knew Donnelly very well and followed the situation while everyone was still in the dark. brokerages wanted to pin it on him, he had nothing to gain by lying or screweing things up. SEC is most corrupt organization on planet earth so using them as an excuse is hardly a reasonable one. Brokerages never could have covered shorts if they had gone with an independent 3rd party TA so they had to make Donnelly look like the bad guy so they could use an inhouse TA to take care of all the bs. think what you want, thats the truth
Penny look at USXP
It looks good to me. your opinion
http://stockcharts.com/c-sc/sc?s=USXP&p=D&b=5&g=0&i=p25044484698&r=3990
trackgirl514 Your forgiven
LOL
OmeyHomey Your Dead wrong
The old T/A screwed things up in a big way PERIOD. The old T/A is out for himself. Trusting him was our fault. EOM.
Liszt Chopin yes that is right
Keep the Company notified on these corrupt MM's. The Company IMO has a plan to attack these Crooks. Call IR.
***********************************************************
yea, dumping happening, but MMs are practicing illegal mirror trades to keep this stock down. unfairly. The company is aware of it, but we should keep the IR updated when it happens.
A Dedicated Management Team at CHNW
Working for not only themselves in building a revenue producing Company but also for us shareholders.
The crooked MM's will have to move the SP up IMO. They will have no choice. IMO all the MM's should be in jail.
CHNW -- Cash Now Corp.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Payday Loan Business Division Online Marketing Program Generating Results Ahead of Schedule
LAS VEGAS, NV, March 30, 2007 /PRNewswire via COMTEX/ -- Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company will be launching an innovative low-cost online Introductory Broker (IB) Forex trading system on Monday, April 2, 2007.
The Company has also recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, EM2 - Electronic Money Management System which is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers who do not actually have a bank account. In addition, Check 21 is an advanced checking service that can significantly reduced holdback periods by banking institutions in clearing checks, particularly valuable for international markets.
As previously announced, the Payday Loan division was scheduled to launch a major online marketing campaign in support of its core Payday Loan licensing products. Even though the program has not yet rolled out to many of the high traffic portals, the campaign is already started to generate significant results. The number of enquiries being received at Esprit's Payday Loan division has spiked dramatically over the last few days. Some of the initial websites generating results include:
http://www.franchiseemporium.com/check_cashing_franchise_franchises.asp
http://canada.franchiseopportunities.com/zor_123305/Cash_Now.htm
http://efranchisesale.com/info/detail.php?franID=5166
http://www.franchiseopportunities.com/Zor_131512/Cash_Now.htm
Garr Winters, Esprit CEO commented; "These initial license enquiries have caught us by surprise. We did not expect to see results so quickly, particularly in light of the fact that many of the key portals have not yet uploaded our campaign. This speaks highly of our licensing approach to the business, and the appeal it has to entrepreneurs looking for a 'real business opportunity' that is more than just hype and good wishes. We are eager to see the results scale up as the campaign rolls out to more and more key portals. The second quarter looks like it will be well ahead of plan in terms of projected license sales. We will be hiring additional sales representatives as the volume of enquiries continues to build."
Peter Tate, senior sales executive added; "These results are very exciting. The quality of the leads is excellent and it looks like I'll be putting in a lot of overtime for a while, as we follow-up and close these licensing agreements."
About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. The company's proven business model includes licensing to corporately operated locations across the U.S. and Canada, as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
The Company is currently in the process of expanding its product portfolio by bringing a retail Forex trading platform to market, targeted to seasoned day traders. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
March 31 end of Quarter
Add on 45 days middle of May. I expect the Quarterly to be filed on time.
April 2, Forex to start, more good News today
March 29, 2007 - 5:00 AM EDT
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Engages Grove Consulting LLC for Strategic New Business Development.
LAS VEGAS, NV, March 29 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private-label, back-end office systems for the sub-prime market. Additionally, the Company will be launching an innovative low-cost online Introductory Broker (IB) Forex trading system on April 2, 2007.
The Company has also recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, EM2 - Electronic Money Management System -which is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and providing banking capabilities to consumers who do not actually have a bank account. In addition, Check 21 is an advanced checking service that can significantly reduce holdback periods by banking institutions in clearing checks, particularly valuable for international markets.
The Company is pleased to announce that it has engaged Grove Consulting LLC, a California-based financial services consultancy, to advise on future strategic relationships, investment opportunities and mergers and acquisitions within the Company's financial services portfolio. Specifically, Grove will assist in identifying suitable strategic partners to augment the Company's Forex trading division, which is scheduled to launch this coming Monday, April 2, 2007.
With almost 40 years experience within financial institutions, and with specific in-depth experience in mergers and acquisitions within this sector, Grove Consulting will continue to offer new opportunities as Esprit scales up operations in the mid to long-term.
There is also excellent synergy wherein Grove Consulting can bring new business opportunities related to our advanced EFT services developed by industry pioneer Jack Chang (co-inventor of the ATM machine), who heads up the Company's recently established Electronic Funds Transfer Division.
Garr Winters, Esprit CEO explains, 'We are very impressed with Grove Consulting's skill-set and experience. They have the right entrepreneurial attitude combined with excellent pedigree and experience working with a number of very serious financial institutions. We have established a very natural rapport with Grove in a surprisingly short time. They understand where we are going, our core strengths, and have demonstrated that they can bring value to the table. We are looking forward to a lasting relationship that will be mutually advantageous for years to come.'
About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. The Company's proven business model includes licensing to corporately operated locations across the U.S. and Canada, as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
The Company is currently in the process of expanding its product portfolio by bringing a retail Forex trading platform to market, targeted to seasoned day traders. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
Source: PR Newswire (March 29, 2007 - 5:00 AM EDT)
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