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EFGO partnering with LexisNexis, who is a member of Reed Elsevier group (RUK $51.84)(ENL $38.61) NYSE trading companies
EFGO(.0006)Esprit Financial Group Inc. (Esprit) (EFGO.PK) to Integrate Lexis Nexis ID Verification And Risk View Scoring Solution
Thursday May 10, 6:00 am ET
LAS VEGAS, NV, May 10 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com is pleased to announce Esprit's payday loan software division Cash Now is integrating Lexis Nexis ID Verification and risk view scoring solution in the company's next generation of E5 Payday Software Platform scheduled for release later in 2007.
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Mr. Garr Winters, Esprit's CEO said, "Some who do not fully understand the operational aspects of our business may underestimate the significance of this strategic alliance. However, competitors in the payday loan software and sub-prime business lending industry itself will fully understand the importance. Cash Now licensees will now have access to the most comprehensive credit scoring facility within the industry, and a competitive advantage over other payday loan lenders."
The software provided by Lexis Nexis will integrate into Esprit's E5 software system and allow the licensee to conduct both ID Verification and to view the risk in an easy to understand scoring table. Mr. Winters added, "We are extremely excited about this integration and we can see great benefits to our licensees and we can see this solution assisting our sales team in generating more sales."
As many as 50 million Americans aren't covered by traditional credit scoring methods such as FICO and credit bureaus. These are disproportionately over-represented in the sub-prime financial services sector. Now, there's a fast, easy way for Cash Now licensees to assess their credit risk. LexisNexis® RiskView(TM) is a powerful new tool that uses public records and non-traditional data in order to create a score for consumers and businesses that have been deemed "thin file" or "no hit" by traditional bureaus.
Mr. Winters goes on to note, "We believe we can extend our relationship with Lexis Nexis into our Structured Debt Resolution division. This will provide lending institutions a non-confrontational environment within which to deal with high risk debt holders, while simultaneously providing a rich data set of information regarding the credit risk associated with those applying to a resolution plan to manage their debt.
About Lexis Nexis
LexisNexis® is a leading provider of comprehensive information and business solutions to professionals in a variety of areas - legal, risk management, corporate, government, law enforcement, accounting and academic. The Company provides access to 5 billion searchable documents from more than 32,000 legal, news and business sources. Corporations and legal professionals can also manage, organize and integrate their work processes using our unique set of solutions.
About Esprit Financial Group Inc.
Esprit Financial Group Inc. (d.b.a. Cash Now) 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 www.cashnow.org. The Company also operates www.cashnow.net, which generates leads of consumers looking for payday loans on behalf of our licensees. 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 provide banking capabilities to consumers without requiring that they have a bank account.
Structured Debt Resolution: This division will offer services that allow banks, financial institutions and other creditors to invite defaulted clients to negotiate a settlement online, in a neutral and non-confrontational manner, bypassing traditional collection calls and mail delivered notices of default.
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.
Thanks for buying at 7 and not driving the ask down like the others.
To me, BRGE was just moving to where the demand was. Look at all those buys @ 6. Then everyone coming in here stating they were the ones with orders in @ 6. Why wouldnt BRGE move there?
CCNG (.0002)Collectible Concepts to Use Wi-Fi TV Station to Reach Global Youth Generation and to Host Wi-Fi TV Auction of Licensed Major Sports Items
Wednesday May 9, 1:18 pm ET
Station Launches Today and Collectible Concepts Sees Wi-Fi TV as Key to Strategic Growth Through the Internet
NEWPORT BEACH, CA--(MARKET WIRE)--May 9, 2007 -- Wi-Fi TV Inc. (Other OTC:WTVI.PK - News) and Collectible Concepts Group, Inc. (OTC BB:CCNG.OB - News), manufacturers of nationally branded and licensed sports memorabilia and entertainment related merchandise, jointly announced today the immediate launch of the Collectible Concepts Wi-Fi TV Station (www.Wi-FiTV.com, Shopping and other categories).
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"We see the Wi-Fi TV website and its Social Internet TV as the perfect arena to present the Collectible Concepts product line to a global youth marketplace that spends a large amount of time interacting on the Internet. We plan to use all the features of Wi-Fi TV, including the amazing Wi-FiParty technology where Internet users can see and hear each other as well as chat by text. We are going to use the Wi-FiPhone to get people in calls for free to discuss our products. And, in the course of the year, we are going to do a live Wi-Fi TV auction of licensed sports items which are exclusive to Collectible Concepts," said Collectible Concepts President Paul Lipschutz.
"We welcome Collectible Concepts to Wi-Fi TV and especially look forward to integrating the licensed major sports collectibles, including NBA collectibles, into the fabric of the Wi-Fi TV lifestyle and Social Internet TV. We really hope to drive traffic and consumer interest in Collectible Concepts and to break new ground in online sports marketing," said Alex Kanakaris, Chairman, Wi-Fi TV Inc.
In addition, Collectible Concepts will also continue to distribute products through its established nationwide network of supermarkets, convenience stores, stadiums, catalogs and other retail outlets.
About Collectible Concepts, Inc.
Collectible Concepts, Inc., in business since 1999, manufactures and markets specialty sports and entertainment products under license agreements with major sports teams and entertainment personalities. The company presently has license agreements with the National Hockey League (NHL) and the National Basketball Association (NBA).
Collectible Concepts, Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "CCNG." For information contact Investor Relations at 215-491-1075.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV website is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls and host live video parties all on one website.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
Ownership of Premium Wi-Fi TV Stations is available at $25,000 (full details are on the website www.Wi-FiTV.com). For further details email info@wi-fitv.com.
The Wi-Fi TV Channel Sales Blog is at http://www.wi-fitvchannelsales.blogspot.com
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info@wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
All the orders at 6 are going to fill cuz they mved the ask back down cuz people wont pay 7. If all these buys were at 7 instead, we would have a better bid support @ 6 and maybe an 8 ask. But now were are back to 6.
well everyone sitting with orders in @ 6 got the ask moved back down. Hope that helped.
1 MM bidding 6, we need to get more up there to make a move to .0008 ask
The problem with the 7 ask is the 5 bid. They can just mirror this back to 6 to show no uptick.
Only 1 MM left @ 6
It was great as always. Wasnt as lucky as I had hoped so lets GO EFGO!!
Volume flying for CCNG on news
5(3) x 6(2)
Its amazing how we can have a stretch of buys and nothing changes but as soon as people sell a few the MM's drop like flies.
Not sure but I get worried when I see ETRD moved down to .0004 before open
Well this sucks. JR screwed me again. So being a shareholder of record on 12-1-06 meant absolutely nothing. He messed up again and now I get nothing, not to mention I lost the value from 12-1 because he couldnt get the job done. Apparently now you couldnt have sold shares even if you were an owner of record on 12-1.
Thats just ridiculous. If you are promised one thing for doing what they ask of you then you should receive it either way. I will have to look into the legality of that promise. It is in writing. I was a shareholder of record on the date I was supposed to. I sold them because the company is so poorly run and the stock price just kept tanking that it was the only move to make. I have to say I am pretty disgusted with all this.
SO being a shareholder as of 12-1-06 means nothing? I had to keep those shares that fell from .40 to .10 in order to get a stock split? How can that be legal and how is it so straightforward?
Email me a copy also please?
jr.catchall@gmail.com
thanks
Looks like Ill have to buy a Scat Daddy Hard Spun exacta box ticket
I like hard spun but I am a Scat Daddy fan.
Good thing I am leaving for the Kentucky Derby this week. Wont have to watch anymore paint dry after tomorrow. Hope to come back Monday and see that I missed a nice run to a new support level.
6 (1) x 8 (3)
GNLN moves to bid only @ .0007
Do you anticipate a sell off with these newly tradeable shares? If they are in my account as stated then I will take this as a good sign for things to come and hope to hold these for a long time.
A signal to move it back up
gotcha...we could use an uptick tho. it would be nice.
Im confused by your use of the word uptick. The bid and ask didnt move just the share price. Someone dumped 26mil or so at 6 then a couple buys came in at 7. Now the bid ask looks like 6(1) x 7(2)
Big dump there. Looks like 5's coming
Another new MM-- Newbridge Securities
BRGE
Whats the deal with the last 4 trades?
0.0002 100 OBB 13:07:40
0.0002 200 OBB 13:05:20
0.0002 200 OBB 13:03:00
0.0002 100 OBB 13:00:00
They move the ask to 7 and the buys come in.
Why exactly? I really hate hearing that Fridays are bad days for anything. Its still part of the week. A good pr is a good pr. Just because it is Friday doesnt mean people wont buy.
well it just changed...you know how these thing can change quick...only 2 mms on the bids now
7(2) x 8(2) with the Ask lined up having 1mm at 9 and 1 mm at 10
Lets Go Buffalo!!!
EFGO gets a Buy-Confirmed rating this morning from AB. Hope that translates well today.
long stretch of buys and the MMS do nothing. A couple of sells and they move the bid down. Hopefully that will stop people from selling but I doubt it.