Cash Systems Inc (CKNN)

[Double E]

The selling pressure is done?

DOW JONES NEWSWIRES


AG Asset Management LLC reported Tuesday that it has liquidated its stake in Cash Systems Inc. (CKNN) as of April 30.

AG Asset held about 1.15 million Cash Systems shares, or a 6.2% stake in the Las Vegas cash advance technology company, as of Dec. 31, 2007.

In March, Cash Systems said it expects its independent accountant to say there is substantial doubt about the company's ability to continue as a going concern because of liquidity issues, and the company will explore strategic alternatives.

Shares of the company rose 5 cents Tuesday, or 13.9%, and closed at 41 cents.

-Denise Jia, Dow Jones Newswires; 202-862-1359; [e-mail]


(END) Dow Jones Newswires

May 06, 2008 16:48 ET (20:48 GMT)