I have a few questions for those that bought shares.
Kahuna you mentioned franchise stores all across Canada and the U.S. in post # 2591. Have you or anyone visited a store? Does even one exist?
In this email ( below ) that was posted by chud they claim to be doing everything they can to start showing revenue. Notice they didn't say profits, but revenue. Revenue equals sales. If they are not showing revenue how are they paying this dedicated and hard working staff? Maybe the staff is working gratis because they are just good people and like to work for free.
I have no axe to grind with you guys. I'm not one of a group of bashers that are trying to drive the price down for a better entry. Me typing this is not a sign that it's about to run. I'm attempting to get some of you to learn a few things. Why? I guess because I feel sorry for the ones that are getting hosed.
When you see a penny stock with a Ft. Lauderdale address, much less when combined with a transfer agent in Toronto, beware.
Don't believe anything in a pr from a pink sheet co.
Trade pinks and pennies as fast as you have profits or your stop is taken out, you won't be 15 grand in the hole that way. Seems a few here need a 300 % gain or more to break even.
Don't invest more than you can afford to lose. Better yet, set stops to minimize losses. For those that think this can be their ticket to wealth ask yourself this, how is that going to happen when the average trade volume is less than $2000 a day. There must be 10 people here that think they will make 20 grand plus when the magic pr comes out and it runs like the wind. It happens, but there have been many signs that CHNW isn't the one, at least from the levels it was trading at a couple months ago.
Don't fall in love, you'll never be 80% down that way.
Go read a few of their pr's with a skeptical eye instead of hope. Can anyone confirm anything they have written. They plan to do this and plan to do that. I've read much better fiction writers than these guys. To my eyes most of their stuff isn't close to believable. The story about those dastardly shorts is also a clue. Get real.
Like I said in my first post on Dec 27, this could be another smoke and mirror company. They have one thing to sell and that is shares.
On the other hand maybe they are legit and it's just a matter of time before they do things that will make all of you wealthy. I wouldn't hold my breath though.
I truly wish all who read this the best in life. Please save yourself the agony of holding onto something on a wish and a prayer as you watch your account balance tumble. I don't mean CHNW only, I mean anything you might own now or in the future.
There are many well run companies out there. Most of them don't trade on the pinks or the bb. Pinks and bb's are for gambling money since most are imaginary with a story ( and shares ) to sell, instead of a product or service.
You can make money trading these pinks and bb's. If your timing is right, if there are others that want to buy your shares and you sell in a flash before someone else does.
good luck
from chud
"We think the company is a good investment and in the long term it will all iron out. The stock was and still is being severely shorted and the other day there was 50mm volume for no other reason other than the shorts had to cover.
We are a pink sheet company and are doing everthing we can to put everything in p[lace to start showing revenue. Once revenue is strong and we do our audits the game plan is to move up the OTC or Nasdaq. We have a dedicated and hard working staff. It is much easier to bash the company than to build it. We choose the latter. We are in it for the long haul and with the fortex announcement and call center we are in good shape to do all the things we need.
Regards"
AI
