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Re: wouldacoulda post# 660

Saturday, 10/14/2006 11:50:43 AM

Saturday, October 14, 2006 11:50:43 AM

Post# of 143047
Good Morning (Saturday)

This past week I have recommended CHNW to our members.

What I find unique about this issue is the business model that can really make a difference in generating revenue and share price.

I normally don't consider revenue a huge issue with respect to pinksheet stocks. The share structure always out paces what can result in a decent market cap through a lacking share price and never seems to gain in shareholder value other than a run that lasts a few days.

CHNW has a very reasonable O/S (350m) and the company is wanting to lower this via a buyback that is currently underway.Yes they are buying back shares..This is rare in pinksheet issues that a company even considers a buyback at these levels..So,you have a company that can potentially generate huge revenue and with a lower O/S can only result in higher share price.

This buyback only leads me to believe the company is eying for a higher exchange and would like to bring in institutions and is presently working to gain in shareholder value.

The trading in the last few days denotes at the close a huge buy of one trade of 5million or more..The spread between the bid and ask is not tight and only leads me to think that there is a certain amount of covering..The current price is the bottom and is a great entry..I think we are on the verge of a major shift to the upside and this could very easy move into pennies.At the current price our market cap is 1,000,000...When you consider the business model and this issue is worldwide in lending and instant cash centers makes for a huge projection for revenue..Just 5 million in revenue can give us a share price .015 and if the company continues to buyback shares will only cause a squeeze on shorty..As well,the company has received the NOBO list idea and would definitely go a long way if they implement.

We cannot control NSS which is very prevailing in this market,but with the current buyback and if the NOBO list gets attention this certainly will gain in major shareholder value..Dilution is always a major problem and this issue appears not party to this and the buyback is evident of that.

Now don't take this part very serious,but it's just for fun..Take a look at this website and link on it and view what they predict for this issue in the coming week and forward.

http://www.stocktargets.com/cgi-bin/ticker.pl?command=chnw.pk

Have a good day
Varok