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Thanks Dream, Eye Popper I like that
Float is dried up. HDSN may have a few more scraps to though at us, can't have much left at all judging by his activity today. I really do believe that this is gonna to be an eye popper next week.
Bought .006
it took 12 minutes to fill total my order, I wonder why?
Just Spoke to T/A
The DTC and NASD will be contacted on the name and cusip # change then the info will be forwarded to the brokers and everrything will show up in your accounts electronically.
So somewhere in here the Old Shares of CHNW will have to accounted for with the new Shares being issued. If the numbers do not match then thats where the Company catches the brokerage Firms.
Any opinions?
sabre3 I agree to much posting on a PR
IMO it is better that the Company release PR's when they need to with no advance notice. IMO there is to much posting about PR's coming. Lets not forget there are a lot of people reading these message boards including the Market Makers IMO.
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I think all the talk about a PR today should cease. You dont want to build up an anticipation for something that may not happen. Let the buying come in without worrying about a let down.
Liszt Chopin Good Question
If the Company does it in Cert form that means we have physical possession and the MM's can't play their shorting games.
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When the company changes the CUSIP and symbol for Espirit, will the symbol be updated in our online accounts or is the company issuing stock certificates? *could'nt get ahold of IR for this question* thanks.
From the last Press release
Is this in effect as of this PR release yesterday.
"All future releases will be issued under the Esprit Financial Group Inc. name."
'As of this point in time, the Corporate name change is effective and duly registered. All future releases will be issued under the Esprit Financial Group Inc. name. The completion of this process will see us receiving a new ticker symbol and CUSIP number. As previously announced, our corporate transfer agent has advised management that the symbol name change and new CUSIP number should become effective on or about March 15th, 2007.'
Bought some more today
It looks as if we formed a new range. I also like the Fact this CEO is a go getter and has done everything stated thus far. Look at the PR's read informational posters here, avoid the cry babies and bashers. Go for facts!
RSI and MACD look good IMO
http://stockcharts.com/c-sc/sc?s=CHNW&p=D&b=5&g=0&i=p85456290414&r=9730
Reason for not liking the CHNW PR PL
Me no like the CHNW PR.
Cash Now Provides Update on Corporate Activity
PR Newswire "US Press Releases "
LAS VEGAS, Feb. 28 /PRNewswire-FirstCall/ - As previously reported on February 9th, Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) is in the process of changing its corporate name to Esprit Financial Group Inc. The corporate transfer agent has advised management that the name change and new CUSIP number should become effective on or about March 15th, 2007.
The State of Nevada can levy fees up to a maximum of $35,000.00 to recapitalize a corporation, plus additional fees for other amendments to the Corporation's charter. However, multiple changes can be accomplished at the same time for a single fee.
In light of these changes, the Corporation has also applied for an increase to its Authorized share capital, to 11 billion from the current 5 billion shares. This does not directly increase the public float, or total number of shares currently outstanding.
CEO Garr Winters notes; "It is financially prudent to make this additional change in the amount of authorized stock concurrent with the corporate name change. We have previously announced our intent to acquire additional financial service companies in line with our corporate objectives, and this will allow the Company to fund future acquisitions partly or entirely with stock. We are confident as we pursue these acquisitions, we will continue to add significant value to the Company on behalf of our shareholders, such as the impending launch of our Forex trading service.
Winters added "I would also want to clarify that further to our announcement of February 27th, compensation of both Richard Sciacchetano and myself will be made in the form of restricted class 144 stock in lieu of salary. As noted at that time, the amount of stock issued will be commensurate with the achievement of business milestones and performance of the corporation. As such, senior management will be very focused on creating long-term value for our shareholders, particularly in light of the fact that our compensation will be directly affected by the long-term performance of the Company and its stock value".
Finally, Winters noted that: "We are very excited about the impending launch of our Forex service, and we will continue to keep our shareholders apprised of other significant developments as we progress toward closing other new significant business opportunities".
About Cash Now
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. 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, Cash Now'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 cheques. 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 Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
SOURCE Cash Now Corporation
Allinxxl1968 Great Post
Let everyone play their stupid games I am here to stay and I did my DD on CHNW just like you did. Thanks for sharing your insight and keep it up, woops the insight I mean. LOL
***** READ THIS IMPORTANT ***** No reverse split they say after the cusip change. So far they havent lied on anything so I cant see why they would now? Said another news on Forex in the AM. There seems to be 2 forces at work there. 1 is the Forex which is clearly run by Richard Scacantan and their core Payday license and lending business by Garr WInters.
Said they may do 2 PRs a day starting next week 1 on Winters activities one on Scacatans. I get the sense there will be 3rd force in play once they button up Global and Jack Chang focuses on the E Wallet and ATM. So far IR confirmed 2 but is hinting at 3. I did call Nevada and they confirm it is $35,000 to do filing. They did 11 filings. Thats like $385,000 compared to $35,000 they paid! Traders this company just saved YOU and ME $350,000 and we repaythem by panicking and selling like mad? HATS OFF TO THE MANAGEMENT!!! Good work!
Now..... I also inquired about the 40% drop in value today and so forth. IR says "Dont sell at 40% discount in the market. we will buy all CHNW stock back at a 40% discount DIRECTLY!" "Sell it back to us please!"
I asked how IR said "We wont do electronic purchases, we did that and it gets us nowhere" the way Cash Now will buy is:
1) email the company that you want to sell at a 40% discount on the day cert is received or the day of your request and signed agreement. whichever offers the true 40% discount.
2)Call your stock in a certificate format from your broker.
3)Mail in your cert by certified mail att Garr Winters with a stock power and your bank wire info
4) they say they will wire the $$$ within 3 business days.Said they have backers that will fund the purchase 40% discount no questions asked.
I said OK I want to sell you my position and he said OK do what I told you and lets get it done. We are OK for a buy back up to about 1.5 million over the next 18 months. Again reminded me that they have backers and wanted to get the ball rolling immediately! Not that Im going to sell but he sounded sincere and wanted to get the ball rolling ASAP!
So if anyone wants to jump ship and cant unload their stock at the price they want heres a quick exit. Now I did some math here. We are at 001 today. That means they are prepared and ready to buy 75% of the current float! (1.5 over say 2 billion) That would LEAVE A FLOAT OF 500 million!!! the kicker is the company says that about 50% of that is in friendly hands meaning non bashers flippers scalpers etc...
Theres a reason why they authorized more stock and theres a reason (obviously they have backers) to buy back at a discount. They will make money both ways!
Im not making this up! Call the company or e mail them! They will make you jump hoops till they are certain you are a shareholder and then they will make the pitch to grab as much stock as they can at a deep discount!!
2 PRs a day traders! 2!!!!! Plus how transparant they are for a pink sheet company, plus plus plus!!
I have close to 150 million shares now and no private account so I cant respond to private messages, nor do I want to. Now I can see why they went with a huge float, these guys are going shopping!!For those of you that dont know what that means It means all the stock they issue will be restricted for almost 2 years for whatever they buy. Buy assets= revenue= higher PPS= soon they will hit that penny value the CEO wants to hit!
lastly at 001 and 11 billion float makes them an 11 million $$ company. There are services like networksolution that appraise domains. My sources say the 3 cashnow domains org net and com are close to $800,000. The trust vault www.trustvault.com can be built or reverse engeneered for about $500,000. The booking engine on cashnow.net is uncertain but sources say it is real time technology and theres nothing out there under 2 millon $$$ for real time technology. Traders so that means over 10 to 15% of this companys assets are on line and "tech".
I think I wore out my welcome mat with the IR. Hes asking if I or we can locate another publicly traded Forex company other then ICE thats like $140.00 a share. If we can find one he says watch where they are what their float is and what their p/s is. (I think he knows of one or two and is toying with us, and that they are either going to merge into that company or buy that company hence the new OS to do it with)
I wouldnt be surprised if the next 3 or 4 days they come out with this news and offer us all like a 50% bonus like 0.0015 or something like that) This is my assesment and my opinion only!
Im staying Long with CHNW!!!!
Foolish Emotional Traders and Bashers Nikki
Emotional trades by people who do not read the Facts that are laid out in the Press releases and also good DD done by some very good posters here. As far as I am concerned to bad learn as we all did. I am here for the CEO and his plans to make this Company a force that will be noticed in Forex and other business ventures all detailed in the CHNW Web Site.
As far as the bashers there will always be around don't like them but it is part of the landscape.
posters have to decide for themselves who is trustworthy in posting. Links and Facts.
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All the doomsayers are where now? All those who sold at .0007 and .0008 because they were scared away by presupposition raise your hands.
moneynmetals I agree
It is only common sense to grow the Company. If everyone would just read the press releases and not get so emotional. This CEO is the best I have seen running a pink sheet company yet. I look forward to more positive News releases.
****************************************************************
I also just got E-mail;
"Hello;
There will be news in mid day today on this. Yes these are restricted shares and the news will address that. The stock they get is pegged to the performance. The target is a penny and Garr has said that lots of times. This does not mean unlimited shares but more or less what his salary is. these are AUTHORIZED shares NOT issued. BIG DIFFERENCE. There is no dilution by having stock in the till to buy other companies and to make the business grow
Thoughts?
Ignorant Posters in abundance today
Who can't read the Company PR's and see the story unfolding.
Sell and be gone.
Do you know what the word RESTRICTED means?
People read the past Press Releases
Starting from Jan 16 2007 whe the new CEO Mr Winter's took control.
This will explain what a fine CEO we have running this Company.
With that said you will see negative posters posting Doom and Gloom.
Don't listen to them and hold your shares. Read the Press Releases.
R-money Right on the mark
The only way to find out the answer is to either wait or talk to the Company on this matter.
************************************************************
My thoughts on the nevada filing.
We are still legally Cash now, this may be the filing with the state in prep for the name change, they may issue the same amount of shares as espirit, and then swap. Or maybe this is the amount of o/s in cash now, and they are filing to have it trade at Espirit.... I just think people are jumping to conclusions, but to each their own...
Great Forex Site
Ready for Early second Quarter thats April IMO.
http://www.cashnow.com/forex_index.html.
http://biz.yahoo.com/prnews/070228/to416.html?.v=15
CHNW Chart Money Flow Positive
9, 18, 50 SMA all looks great
http://stockcharts.com/c-sc/sc?s=CHNW&p=D&b=5&g=0&i=p17885172779&r=7272
Question to the Board
IMO CHNW is in a Business that will work in both a Up and Down Market. Opinions.
Forex explanation
An exchange-traded contract to buy or sell a specified amount of a given currency at a predetermined price on a set date in the future. All forex futures are written with a specific termination date, at which point delivery of the currency must occur unless an offsetting trade is made on the initial position.
Forex futures serve two primary purposes as financial instruments. First, they can be used by companies or sole proprietors to remove the exchange-rate risk inherent in cross-border transactions. Second, they can be used by investors to speculate and profit from currency exchange-rate fluctuations.
*************************************************************
CHNW web Site
Home - About Us
We Are Business Aggregators Cashnow
ContactUnited States: 3155 East Patrick Lane . Suite 1 Las Vegas, NV 89120-3481
Canada: 5863 Leslie Street Suite #425 Toronto, Ontario, M2H 1J8Contact Information
1-888-224-9641(North America)
++ 44 (0) 207 851 4577(Europe)
This is a term some people understand quite well. For those who are not familiar with the term, please read on.In the same way a vacation tour company “packages” vacation or travel arrangements, meaning one all-inclusive price that includes your hotel, airfare, rental cars, etc., we package the Cash Now license offering as a business aggregator in the same manner.
With our developed relationships, alliances, partnerships, proprietary technologies and imported technologies, we are in an excellent position to develop win/win scenarios for both ourselves and our licensees.
Just like one can buy a plane ticket and stay at a hotel without using a tour company, one can also start a payday loan and check cashing business.
One can look for and find suitable payday loan and check cashing software, lease a Federal bank charter (States where required), then attempt to find his/her own processor, plus look for various suppliers, equipment and construction build out staff, and then look for maintenance support personnel and other suppliers needed to make the payday loan and check cashing business operational. If you are willing to do all of this, and you are not afraid of the huge learning curve, and the potential pitfalls you may encounter entering the payday day loan and check cashing business, then you can do this without our assistance and pray that you will not overexpose yourself to needless financial risks. Or, you may discover that the same goal could have been achieved at a fraction of the cost, and without the need or cost of a huge learning curve by taking advantage of our expertise while protecting yourself, as much as humanly possible, against potential financial losses.
To that end, we offer a payday loan license program known as Payday Express, and payday loan and a check cashing license known as Check Express.
These licenses do not call for any royalty payments. Everything is priced in flat costs and a la carte.For the investor that is looking for multiple or multi user licensed units, we can arrange special bulk pricing and different structured plans. Information and elaboration of our business model is contained in our Prospectus, in the backnet.
There are only so many different ways and means, that we can present the product and all the facts and figures without revealing our relationship, partnership and affiliate sources. As you can appreciate, this is the life blood of our business and we guard it very closely. Apart from us, there may be 1 or 2 other payday loan and check cashing business aggregators. However, nobody offers the complete packages as does Cash Now.
We intend to keep it that way! Profit from our knowledge and experience!
Forex futures serve two primary purposes as financial instruments. First, they can be used by companies or sole proprietors to remove the exchange-rate risk inherent in cross-border transactions. Second, they can be used by investors to speculate and profit from currency exchange-rate fluctuations.
http://www.cashnow.com/
bartermania Agree 100%
And IMO this is the beginning. Sure people took some profits but new investors bought in. We formed a new bottom IMO.
Looks great for all of March.
*****************************************************.
some very strange trading occurred here today...but, solid volume and solid closing price non-the-less. i believe tomorrow will be another good day...another good up day. slow and steady churning of the stock and then a continuation of the upward direction for CHNW. this is fine with me. i sure would love to see the complete trading record for this stock (all positions taken or closed and so on) for an unsual trading day such as this one. a truthful and accurate account of such activity i think would be quite illuminating and revealing...thus, that's why the "Street" won't allow this. regardless, i believe we continue to go higher in the coming trading days...and if, the company executes their plans well...i believe the pps will go much higher still. we'll see.
ps. free post #15 for me.
OT FillTheGap how about
FSMH LOL it will have its day
Thanks Derekz if you
Have a copy of that e-mail and you do not mind can you send it to me in a Private Message.
Thanks
One of my buddies got an e-mail from the company yesterday. It is also supported by the CEO being paid in shares for the company. The new CEO wants to regain share value like it was last summer at 0.09.
Derekz CHNW dime range this summer
Where did you see that.
I like how management is now projecting dime range this summer.
Three very good posts on CHNW with links, Nascar, Forex,
Posted by: rigmedic
OK NASCAR fans - I found CASH Now's race car
http://www.cashnow.com/cn_corporate.shtml
Good find stocktrendsetter
This is a huge market.Cash Now Forex Headline makes it on Forex SiteThe new Forex link at iHub has a Forex-related news scroll. Guess who is at the top of the news link list? CHNW !!!More exposure = more investors = pps rises.
http://ih.advfn.com/p.php?pid=forexih&cb=1172331562
Of course, this post is time sensitive as new Forex news displaces CHNW.
Excellent find Urbanite2'
Revisiting Cash Now Corp.
http://www.antandsons.com/2007/02/revisiting-cash-now-corp.html
Excellent find Urbanite2'
Revisiting Cash Now Corp.
http://www.antandsons.com/2007/02/revisiting-cash-now-corp.html
This appeared to be an interesting story unfolding, and so we went straight to the source to find out more. Here is what a corporate spokesperson told Ant & Sons;
The corporate name and CUSIP number change will happen once the legal work is complete. In regards to ongoing inquiries on the potential of a large short position in the company's shares, it was confirmed that the company has identified a short position, and as of a few weeks ago, that short position is estimated to be approximately 1 billion shares (we have not been able to verify this number.)
Over the next few days, the news flow should continue to be rather steady, updating shareholders on previous corporate developments. One fact to hold on to is that the share structure numbers that were last posted on the Pink Sheets website, remain the same, indicating that there has not been any dilution in the past few days (coincidentally that is when the share price has started to rise substantially). Brace yourself, nonetheless, because the numbers are quite substantial. The authorized share count stands at 5 billion shares, with 4.3 billion shares outstanding and a publicly traded float of 3 billion shares. However, we are not sure how long those counts will stay the same as the company reported this morning that it plans to compensate its executives not with a cash salary, but with shares of common stock.
vanwilder This would be great news
Do you have a time frame on this, do you have any idea of what the short posistion is for CHNW
COMPANY will Annouce the SHORT position and buyback to fry these guys Shortly in my opinion ;)
Chnw News
Read this Part, "intent is to put ourselves in the same position as our shareholders"
The intent is to put ourselves in the same position as our shareholders. Our success will be intrinsically tied to the value we achieve on behalf of our shareholders. We are very excited about the future prospects.'
Coming soon, Forex trading system, Name Change, Cusip # change,
A lot of PR's on the way. End of Feb and March looks awsome for Positive News.
February 27, 2007 - 8:45 AM EST
Cash Now Key Executives To Be Compensated by Stock in Lieu of Regular Salary
LAS VEGAS, NV, Feb. 27 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), announces that key executives CEO Garr Winters and Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product, have agreed to be compensated primarily in Company stock. Each executive will receive $1.00 in Cash, in lieu of regular salary, plus shares of common stock in the Company commensurate with performance and meeting certain pre-defined business milestones. This arrangement will significantly reduce Cash Now's burn rate and allow the company to maximize its operating budget towards marketing and new business development via third party service agreements.
CEO Winters noted that: 'We are very bullish on the prospects of the Company, particularly with respect to the new products being launched like our Forex trading service, the e-wallet prepaid financial service product, and ATM services. With the ATM and e-Wallet for example, we will be working closely in concert with Mr.Jack Chang and other assets the company has recently acquired to bring them all up to positive income level. The intent is to put ourselves in the same position as our shareholders. Our success will be intrinsically tied to the value we achieve on behalf of our shareholders. We are very excited about the future prospects.'
Richard Sciacchetano noted that, 'The Forex business opportunity is very exciting to me personally. I believe our timing matches market demand for a better service for the active day trader. We are bringing a platform to market that delivers exactly what the seasoned trader is looking for - a service that provides transparency and real-time interbank currency quotes, where pips are not manipulated with slippage and skuing. In turn, we expect our customers to trade more actively than the norm. They will be able to trade profitably with smaller currency fluctuations, and more quickly to take advantage of currency movements.'
It is anticipated that both executives may acquire significant stock positions in the Company based on their compensation levels.
About Cash Now
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. 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, Cash Now'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 is scheduled for launch in late February, 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 cheques. 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 Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
SOURCE Cash Now Corporation
Source: PR Newswire (February 27, 2007 - 8:45 AM EST)
News by QuoteMedia
www.quotemedia.com
Read this Part, "intent is to put ourselves in the same position as our shareholders"
The intent is to put ourselves in the same position as our shareholders. Our success will be intrinsically tied to the value we achieve on behalf of our shareholders. We are very excited about the future prospects.'
Coming soon, Forex trading system, Name Change, Cusip # change,
A lot of PR's on the way. End of Feb and March looks awsome for Positive News.
February 27, 2007 - 8:45 AM EST
Cash Now Key Executives To Be Compensated by Stock in Lieu of Regular Salary
LAS VEGAS, NV, Feb. 27 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), announces that key executives CEO Garr Winters and Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product, have agreed to be compensated primarily in Company stock. Each executive will receive $1.00 in Cash, in lieu of regular salary, plus shares of common stock in the Company commensurate with performance and meeting certain pre-defined business milestones. This arrangement will significantly reduce Cash Now's burn rate and allow the company to maximize its operating budget towards marketing and new business development via third party service agreements.
CEO Winters noted that: 'We are very bullish on the prospects of the Company, particularly with respect to the new products being launched like our Forex trading service, the e-wallet prepaid financial service product, and ATM services. With the ATM and e-Wallet for example, we will be working closely in concert with Mr.Jack Chang and other assets the company has recently acquired to bring them all up to positive income level. The intent is to put ourselves in the same position as our shareholders. Our success will be intrinsically tied to the value we achieve on behalf of our shareholders. We are very excited about the future prospects.'
Richard Sciacchetano noted that, 'The Forex business opportunity is very exciting to me personally. I believe our timing matches market demand for a better service for the active day trader. We are bringing a platform to market that delivers exactly what the seasoned trader is looking for - a service that provides transparency and real-time interbank currency quotes, where pips are not manipulated with slippage and skuing. In turn, we expect our customers to trade more actively than the norm. They will be able to trade profitably with smaller currency fluctuations, and more quickly to take advantage of currency movements.'
It is anticipated that both executives may acquire significant stock positions in the Company based on their compensation levels.
About Cash Now
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. 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, Cash Now'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 is scheduled for launch in late February, 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 cheques. 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 Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
SOURCE Cash Now Corporation
Source: PR Newswire (February 27, 2007 - 8:45 AM EST)
News by QuoteMedia
www.quotemedia.com
Nice Chart Bigdog
I see great potential in this CEO running the CHNW Company. A lot of positive news coming our way.
The Forex business will mix in nicely with the Market Makers IMO.
003 - .005 is definitely a possibility.
Break through the 50 day moving avg is very big and the trend is most definitely up now. Breakout is happening as we speak and its been a long time coming.
3,5,10 day looking awesome
10,20,50 day showing great breakout
UBSS is on the Bid 0008 and ASK 0009 no others
The idiot
OT Chopin my favorite Pianist
Good taste and Polish to boot the Germans tried to steal him like they stole everything else from Poland.
'Ebiz247 Thanks for the info on CHNW
It is all here for everyonr to see and make their own decisions. Facts all Facts. Great stuf.
Wow this CEO Mr Winters is Great
And he started Jan 16, 2007! Do you see how far this CEO has brought CHNW in one month. Great!
Cash Now Corporation (Cash Now) Appoints New CEO Garr C Winters, and Management Reorganization
LAS VEGAS, NV, Jan. 16 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), Cash Now a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software back end systems, Internet based payday loans, and other sub prime financial utility tools, today announced the appointment of a new CEO and president, Mr. Garr C Winters. Mr. Winters replaces the current CEO, Kevin S Price, whose contract expired at the end of 2006. The company has also accepted the resignation of John Anthony Falting as a Company's Board Director. Mr. Falting continues as Chief Executive Officer of Cash Now Australia. Mr. Price will oversee and manage the company's new entry into the Forex market and related projects. Mr. Winters has been with Cash Now since its inception in 2000 in capacity as a marketing director and retail locations 'turn key developments'. Cash Now will continue to offer licensing of its technology and developed vendor relationships, and implementation of its entry into the Forex trading markets. Cash Now enables companies to get into the payday loan business at a fraction of the cost while protecting themselves, as much as possible, against potential loan default losses. To that end, Cash Now offers a payday loan license program known as Payday Express, as well as a payday loan and a check-cashing license known as Check Express. In other company news the company is currently developing a new web site to accommodate both the Forex and Payday software sales, has begun hiring additional sales staff in an effort to boost revenues and to bring the company into profitability.
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate joint venture locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.
SOURCE Cash Now Corporation
Source: PR Newswire (January 16, 2007 - 8:03 AM EST)
News by QuoteMedia
www.quotemedia.com
cargo_hauler we can't short
On the pinkies or any other stock below $5.00 if I remember correctly..
It is the Hedge Funds and brokerages that can short and they do. There is no control thus far to stop these crooks from Naked Short Selling. The SEC has the SHO list which up to now IMO has done nothing. That is why you see more companies fed up with the SEC and take action on their own. Take a look at RRLB and the letter the CEO sent to the SEC the other day. That stock has been shorted and still is. The Brokerages and MM's do not give a dam. They have destroyed Companies and made billions in profits. IMO Ameritrade and Scottrade are two of the worse Firms.
Did you ever want to buy a stock and you see that there is a restriction placed on this security by your brokerage firm? So you have to call the trade in to buy. They say they are trying to protect you, teah right!
These Crooks can be beaten with the right plan in place by a Company with expeirence in such matters..
Now the brokerages can short legally. there is a big diference in legal and Illegal shorting. They like to call it loaning out shares. The question is are they legal or illegal shares loaned out.
That is where we get Failed to Deliver the 3 day rule.
bartermania we go by facts thats the diference
Posters will post different opinios some positive and some negative. Opinions are not facts, facts is what counts.
Posters will try to sway you in a decision based on opinions.
Ask the poster for Facts and links. If the poster ignores your request ignore the poster.
Everyone should read over all the press releases CHNW has put out. Look at all the financial reports. Look at management and what their expeirence is, what the Companies produts are and what markets the Company is in. How does the IR deparment and CEO communicate with its shareholders.
Read the posts here of posters who have been here to longest.
Ask for links and facts from posters.
Then you can form a true picture of the Company.
As for me I like what I see.
As stated in the below post alot of these pink stocks have been shorted legally and illegally. If the Company has a stradegy and a business plan they can beat these crooked MM's.
I am sure the Company gets alot of ideas from posters on this board.
nope. i'm not a kool-aid drinker and i don't plan on being anybody's bagholder either. currently, and with tech charts as evidence, there do appear to have been many stocks (pennies and subber's in particular) that have been shorted very hard from October 2006 until about the present time (maybe to push these stocks down to the lowest levels possible and either break the co.'s or allow hedgies and MM's to cover many years of accumulated short/naked short positions). you can ignore this, discount it or whatever...but, the claim that it was the shorts driving down this company makes sense to me. i know "Wall St." is not at all transparent in all the trades and positions taken there (and those from outside the US as well). secrecy, never being audited and unfair advatages are the rules the Street seems to want in place (for their own insiders' benefit)...and they've got the nerve to talk about a level playing field (that doesn't exist) and/or to try to lay all the blame for a developing co.'s pps downtrend on the co/ itself...and all the while, never allowing a full and accurate accounting of all the books and positions/trades taken on any stock to become public??? give me break. i smell rats.
make your own calls and trades. if, you've got integrity...prove it and use it. talkin' about kool-aid drinkers and bagholders holders here and now doesn't seem appropriate or decent. to make a profit from a "long position" one must sell at some point. hopefully, one has accumulated enough knowledge by the time they get involved with pinkies and subbers to understand what can happen in most respects to any stock's pps. currently, this stock is going up. naysayers will just have to deal with this and accept it. seek the truth and demand justice.
CHNW Good Sponsorships Nascar
Alot of eyes see this including ours LOL
By rigmedic'
OK NASCAR fans - I found CASH Now's race car
http://www.cashnow.com/cn_corporate.shtml
buyatbid Have the Company
State in a PR they are retiring shares. Have the Company put a PR out stating the actual A/S, O/S, the restricted shares owned and fianlly the Float.
This can and will help a great deal. A cash divy will also help not a dividend of shares it will only cause the MM's to NSS more.
*************************************************************
Shorts have to cover.......now shorts or naked shorting is a big factor in pinksheet stocks, they get slammed by naked shorts and the stock can get pounded hard and fast....
A company can do a couple of things to counter the big short position...
buyback shares and cause the stock to increase, that causes the shorts to panick and cover the stock,
Try a nobo list and cause shorts too cover
The beautiful thing is cash now did all of the above, now this is why I think this stock is going much higher
New Symbol and cussip, a short position has to be covered on a symbol change and cussip.....shorts can't hide or try and wait it out, or continue to put more pressure on the stock, THEY HAVE TO COVER, no ands, ifs, or butts........
I think that alone, the symbole change and the cussip will send this stock over a penny just on the short HAVING to cover...
Then we have the big Forex going live......that should also add some big growth for the stock......
We know chnw now bought back over 1 billion shares over the last 4 months, and yes the pps didn't do much, the reason is because the shorts just keep adding naked shorts, keeping pressure on the stock.......and once a stock is subpenny its hard to rebound unless you get a RS .......
Now I HONESTLY think Chnw WANTED the stockprice to hit 0002 and have the shorts do there job,,, I also believe the company played the game very well....yes, for long investors it hurt but think about this.....
Chnw announces a buyback......as a investor I would want them to buy as much as possiable at the cheapest, and if Chnw new they were going to CHANGE the symbol and cussip 6 months later, do you really think they wanted to pay .002 or .0002......
The shorts saved this company a boatload of cash, and now those who bought at the subpenny and held, will be rewarded........
Another Chart
We crossed the 50 MDA good sign
http://stockcharts.com/c-sc/sc?s=CHNW&p=D&b=5&g=0&i=t98242898028&r=597
Good find stocktrendsetter
This is a huge market.
Cash Now Forex Headline makes it on Forex Site
The new Forex link at iHub has a Forex-related news scroll. Guess who is at the top of the news link list? CHNW !!!
More exposure = more investors = pps rises.
http://ih.advfn.com/p.php?pid=forexih&cb=1172331562
Of course, this post is time sensitive as new Forex news displaces CHNW.
CHNW news This looks real good
More PR's to come IMO this CEO has his act togeather. Look at all the past PR,s and the market CHNW is in. This can be a real winner.
http://biz.yahoo.com/prnews/070223/to332.html?.v=16
Cash Now Announces Engagement with a California Web Based Marketing Company
Friday February 23, 4:16 pm ET
LAS VEGAS, Feb. 23 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), is pleased to announce that it has contracted a California based technology company to develop its next-generation e-commerce and fully interactive "Virtual Salesperson" website.
The new website will have full e-commerce capability, and will feature a virtual sales person that will point the end users to all of the services offered by the company. The site will provide a live person portal type service, for the various sub prime financial services, including Forex and other services offered by the company. This will include its products and services such as;
- A payday loan license program, Payday Express.
- A payday loan and check cashing license known as Check Express.
- Its innovative Electronic Wallet called the EM2 (Electronic Money
Management). This product is ideal as a powerful payroll tool,
allowing employers to issue 'Electronic Wallet' to each employee or
even for companies involved in Multi Level Marketing.
- Cash Now's upcoming Forex trading platform, which will be marketed
directly to active day traders, as well as being available to
licensees to offer their high wealth clients access to a
sophisticated and transparent trading platform originally designed
for institutional investors with accounts greater than $100 Million
USD.
Garr Winters, Cash Now's CEO, said, "We are very excited about this new initiative. Cash Now has been an industry leader in developing and licensing a full suite of sub-prime financial services. The complexity and sophistication of our website has grown organically as we have added new products and services. It is appropriate to take this opportunity to redesign the site using the latest software and programming techniques. We will continue to transact business as normal on our present site, and execute a running rollover once the new site has been fully programmed and debugged."
Winters also added, "We are continuing to target the launch of our Beta test Forex website to be up and running by the end of February. This continues to be our highest priority new product, as we enter the retail Forex trading marketplace which is experiencing geometric growth rates with a product that will target active 'day traders' by offering a true flow-through data feed directly off the Interbank quotation service. We are aiming at having this new site launched in concert with the fully operational Forex platform."
About Cash Now
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. 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, Cash Now'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.
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 Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
Source: Cash Now Corporation
Super PR CHNW is a Hold IMO
The CHNW Company can really take off to risky to trade it IMO.
This one has all the Qualities thus far as a huge winner in an exciting market in demand..
Press Release Source: Cash Now Corporation
Cash Now Announces Engagement with a California Web Based Marketing Company
Friday February 23, 4:16 pm ET
LAS VEGAS, Feb. 23 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), is pleased to announce that it has contracted a California based technology company to develop its next-generation e-commerce and fully interactive "Virtual Salesperson" website.
The new website will have full e-commerce capability, and will feature a virtual sales person that will point the end users to all of the services offered by the company. The site will provide a live person portal type service, for the various sub prime financial services, including Forex and other services offered by the company. This will include its products and services such as;
- A payday loan license program, Payday Express.
- A payday loan and check cashing license known as Check Express.
- Its innovative Electronic Wallet called the EM2 (Electronic Money
Management). This product is ideal as a powerful payroll tool,
allowing employers to issue 'Electronic Wallet' to each employee or
even for companies involved in Multi Level Marketing.
- Cash Now's upcoming Forex trading platform, which will be marketed
directly to active day traders, as well as being available to
licensees to offer their high wealth clients access to a
sophisticated and transparent trading platform originally designed
for institutional investors with accounts greater than $100 Million
USD.
Garr Winters, Cash Now's CEO, said, "We are very excited about this new initiative. Cash Now has been an industry leader in developing and licensing a full suite of sub-prime financial services. The complexity and sophistication of our website has grown organically as we have added new products and services. It is appropriate to take this opportunity to redesign the site using the latest software and programming techniques. We will continue to transact business as normal on our present site, and execute a running rollover once the new site has been fully programmed and debugged."
Winters also added, "We are continuing to target the launch of our Beta test Forex website to be up and running by the end of February. This continues to be our highest priority new product, as we enter the retail Forex trading marketplace which is experiencing geometric growth rates with a product that will target active 'day traders' by offering a true flow-through data feed directly off the Interbank quotation service. We are aiming at having this new site launched in concert with the fully operational Forex platform."
About Cash Now
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. 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, Cash Now'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.
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 Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
Source: Cash Now Corporation