Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
couldn't resist, had to get another 500k at this price!!
I vote for Esprit to go to the moon and put logic on ignore. Win-Win!
Yeah, I think that it really could go anytime.
Good morning. In late this morning. I was having internet issues. Excellent PR. Things are really going to start coming together soon.
Thank-you penny!!
that's odd
so does Ameritrade
what site was this from?
Yes, it will be very exciting to see all company's plans come to fruition and we the shareholders will be in the best position for the ride to da MOOOOOOOOOOOOOOOOOOOOOOOOOOOOON
yes...yes it does
K. It is really hard to do with a leg cast on but I am willing to take one for the team :)
My fingers AND toes are crossed
EOD volume?
It will be awesome when we get the name change. I think that may be the catalyst.
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Filings Completed for Listing on the Frankfurt Exchange PR Newswire "US Press Releases "
LAS VEGAS , April 2 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation ) (CHNW.PK) (www.espritfinancialgroup.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, under the Cash Now banner. Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com.
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 provide banking capabilities to consumers without requiring that they have a bank account.
The Company is pleased to announce that all of the required documents have now been filed with the Frankfurt Exchange to list the Company in Europe as well as North America . There are several strategic reasons for the cross border listing. First and foremost, the Company's Forex Trading division and Advanced Electronic Funds Management division are very much international in scope. Many of the AEFM's product services address strong demand to improve the flow of capital across borders through various financial institutions. As previously announced earlier today, the Company will also be launching a U.K. based Forex website, and eventually an Asian portal.
The move will also broaden the shareholder base for the Company, allowing access to retail traders interested in U.S. based small cap companies. Cross-border listing is a proven and effective vehicle for increasing demand by overseas retail investors, who currently invest in U.S. equities. In addition, there are very favorable tax laws for German investors who invest their own currency and hold securities longer than twelve months. The diversification of the Company's shareholder base brings additional liquidity with a broader base of shareholders, and will reduce the potential volatility in Price-per-Share of the Company's stock.
The European markets have been very strong, especially in Germany , and there is a strong demand from both private and institutional investors in Europe to invest in small-cap and medium size public companies in the U.S. and Australia .
Esprit CEO Garr Winters explains: "This is a move we have taken after significant review and analysis. Esprit's business activities already cross in many international markets. The new divisions coming on stream are even more international in nature. This cross-border listing will raise the corporate profile in markets where we will continue to build our business services. It's only natural that our stock should be available to a more international shareholder base."
The Frankfurt listing is anticipated to be active within the next 45-60 days. Interested shareholders can visit the exchange at:
http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/home.
About the Frankfurt Exchange
According to exchange data at their website, 45 percent of Europe's top 300 companies have their primary listing on the London or Frankfurt exchanges. The Frankfurt Stock Exchange (FWB) is by far the largest of the eight German stock exchanges. It ranks third in the world behind NYSE and NASDAQ. Since the launch of Xetra, its electronic trading platform, it has offered its clients not only floor trading through brokers but also fully-electronic trading facilities, whereby orders from any point in the globe are automatically inputted into the order book on the central computer. The FWB was founded over four hundred years ago in 1585. The FWB is operated by Deutsche Borse AG .
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 also operates a retail Forex trading website, targeted to seasoned day traders. The website was launched earlier today at www.cashnow.com.
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
NEWS!
If it is something that may halt trading, my guess is that they wouldn't announce it until after symbol change anyway.
I agree completely. I think that we won't see these low prices for much longer. I think once this takes off, it's going to be way way gone.
I am having a harde time believing that anyone would actually be selling on the news of live Forex launch. Does anyone else besides me believe that it is the mm's trying to manipulate again?
I soooo put him on ignore.
LOL!!
hehehe
Just talked with Ron at the TA, he said that they are just waiting for confirmation from the NAS. He said that it should be today. Of course the operative words are: should be. But he sounded like he REALLY hoped it would happen. I think that he is hoping to get rid of the "pesky" Esprit shareholders who keep calling him :) HMMM, sucks to be him, NOT!
7.9 on microcap
I know that they also have to issue paper certs as well. It is a paper exchange. Not sure if this would help to cause some delay, does anyone else know?
Good morning all you great Esprit people. Great news. Garr delivers again!! I am very excited about the upcoming weeks as I believe that this stock will begin it's ascent to da MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!!!! MHO
Yeah, we need to get rid of the other board. It is way too confusing for people.
welcome back!
Welcome back MNM. Everything ok?
May God always look out for you and yours!
that's a good idea. eom
OK guys, we have a really good board here and a great bunch of people. I think that at this point if anyone is feeling their anger flare up they should log off before things are written that can't be taken back. We don't need another board, we just need the people on this one to take some really deep breaths. CHNW will arrive on the moon when the time is right and I for one would like to maintain some dignity on this board before we actually get there. TIA
Wow, I think everyone is having a really bad day. I welcome all views, just no bashers. I would really like to get back to the way things were when people were actually pooling together to help each other.
"don't be hatin"
Very good idea. I think I will do that :)
I think I will send an email to them telling them what a great job they are doing.
I also have all my shares at a gtc of .10 I am hoping to open a forex account as well. That was a really good idea.
Also, I think the only thing that we as shareholders can do is to hold onto our shares. It is really the only control that we have. Don't let "them" have 'em.
MHO: you are dead on.
Has anyone heard how MNM is doing? I hope he is ok and getting better.
Isn't that the most screwed up thing. Really irks me.