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correct
just thinking about possible reasons to increase the A/S ... and yes I know they said in the PR it was to fund future acquisitions : "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."
However there could be other reasons ALSO to justify this increase in A/S, for example a Forward Split ...
all imo offcourse
yep I know, just trying to figure some things out ...
KA12, or someone else, if you contact the company again ask them to shed some light on the share buy back progress ...
also interesting to know if they are planning on retiring shares ...
thx
let's not forget people:
http://www.antandsons.com/2007/02/revisiting-cash-now-corp.html
"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.)"
are we gonna have an EOD rally ??? go AAPM
yep you're right I changed it now thx
your thoughts on the following scenario plz:
They raised A/S to 11 bil, so the day (according to latest PR around march 15th) the cusip and name change goes in effect they announce a forward split; for every 1 share held you get 2 new shares. (FOR EXAMPLE PPS before F/S: 0.002, after F/S PPS: 0.001) This also means the ammount of shorted shares doubles, forcing the mm's to cover twice as much ... after a short squeeze period (FOR EXAMPLE PPS while short squeeze: 0.003) they do a reverse split; for every 2 shares held you get 1 new share and we are back at the "old" A/S and O/S. (FOR EXAMPLE after R/S: 0.006)
Maybe I'm overlooking something here but hey it's a thought ...
THE ABOVE NUMBERS ARE ONLY TO GIVE AN EXAMPLE TO MAKE MY POINT!
DON'T BUY BECAUSE OF THIS POST!
IT'S ALL IMO ...
I kind off expected some PPS correction ... and actually it's normal after days of strong climbing ... by friday we have already forgotten today IMO
patience is a virtue people
do your DD and decide on your own what to do with CHNW!
I'm long
you probably are pointing out to me ... well I just would like to keep the investors at allstocks informed about the latest events. say I can't do it anymore and I won't ...
After all we are all in CHNW together, NOT ?
what's the current L2 plz ? eom
merci tikkertje
NO BRAINER PICK AAPM
AAPM radar it guys, this is ready to run imo
AAPM getting stronger
AAPM uptick
.0002 x .0003 2 x 2
NITE / UBSS .0003
HILL .0005
DOMS .0007
CLYP not showing bid or ask
L2 update plz eom
CHNW NEWS !!!!!!!
Cash Now Key Executives To Be Compensated by Stock in Lieu of Regular Salary
Tuesday February 27, 8:45 am ET
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.
ADVERTISEMENT
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.
AAPM radar it
somebody contact the company and ask when we can aspect the PR plz
AAPM ask ut
CHNW ask is getting hit veryyyyyyyyyyyyy hard!
L2: .0007(1) - .0008(2)
haha take a look at this:
http://www.investorshub.com/boards/read_msg.asp?message_id=17384117
AAPM something is up IMO
AAPM already 60 mil volume
Alert AAPM pre-market buying going on ...
Alert AAPM pre-market buying going on ...
AAPM ready ?
When will the news be out ???? hmmm
some poster said there would be a PR this monday morning ... maybe they learned and will release it at 9.30 am
do you have a link to Stock Lobster's "Lotto" board ?
thx
SOMEONE SHOULD LET THE COMPANY KNOW THE NEWS DID NOT HIT THE WIRES !!!!
man this really is something they need to work on ...
can you see the news somewhere ?
AAPM:
Thursday January 4, 10:00 am ET
CARSON CITY, Nev., Jan. 4 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheet: AAPM) company officers are pleased to announce to its board of directors that the estimated year end sales numbers for 2006 are hitting its target of 35 million dollars.
With China's economy remaining the fastest growing in the world, and its government actively seeking additional energy sources as their consumption of crude oil increases, AAPM sales projections for 2007 are expected to continue to strengthen.
Dec 13, 2006 10:43:01 (ET)
CORAL SPRINGS, Fla., Dec 13, 2006 (BUSINESS WIRE) -- BRASS Bulls Corp. announced today that it has accumulated in excess of 6% of the issued and outstanding shares of American Asia Petroleum Corp. (Pink Sheets: AAPM). The shares have been acquired over the last two months in open market transactions.
Based on American Asia Petroleum's latest financial information filed on Pinksheets.com, the Company had over $11 million in shareholder equity. This represents approximately $0.005 per share. For the Nine month period ended September 30, 2006, American Asia Petroleum (AAPM) reported unaudited revenues of $29,934,935 and net income of $426,098.
I've sent the company an email regarding this matter, I will post the answers if I get any ...
aapm getting ready to run imo
AAPM ready for UT imo eom
AAPM ready for UT imo eom
yeah ... I knew that but it's a fill in form ... I wanted to address them directly over email. I guess I will have to use the form then ...
thx anyway
anybody who has the company's email address plz ? eom