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
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