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Posted by J_U_ICE on :
 
Cash Now Corporation (Cash Now) Appoints New CEO Garr C Winters, and Management Reorganization
LAS VEGAS, NV, Jan. 16 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), Cash Now a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software back end systems, Internet based payday loans, and other sub prime financial utility tools, today announced the appointment of a new CEO and president, Mr. Garr C Winters. Mr. Winters replaces the current CEO, Kevin S Price, whose contract expired at the end of 2006. The company has also accepted the resignation of John Anthony Falting as a Company's Board Director. Mr. Falting continues as Chief Executive Officer of Cash Now Australia. Mr. Price will oversee and manage the company's new entry into the Forex market and related projects. Mr. Winters has been with Cash Now since its inception in 2000 in capacity as a marketing director and retail locations 'turn key developments'. Cash Now will continue to offer licensing of its technology and developed vendor relationships, and implementation of its entry into the Forex trading markets. Cash Now enables companies to get into the payday loan business at a fraction of the cost while protecting themselves, as much as possible, against potential loan default losses. To that end, Cash Now offers a payday loan license program known as Payday Express, as well as a payday loan and a check-cashing license known as Check Express. In other company news the company is currently developing a new web site to accommodate both the Forex and Payday software sales, has begun hiring additional sales staff in an effort to boost revenues and to bring the company into profitability.

Cash Now Background

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 operate joint venture locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

SOURCE Cash Now Corporation


Source: PR Newswire (January 16, 2007 - 8:03 AM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by J_U_ICE on :
 
Grabbed some more at .0003 today
 
Posted by bowlegtroy on :
 
Nice volume today!
 
Posted by mrinos on :
 
you need to grab a few million to make a difference in realized profit
 
Posted by Hitman on :
 
TDAmeritrade wont let me buy online.... Rats
 
Posted by J_U_ICE on :
 
quote:
Originally posted by mrinos:
you need to grab a few million to make a difference in realized profit

OK [Confused]
 
Posted by dinner42 on :
 
How long before the new CEO steps up and leads? Do you think a PR will be issued soon from him with his goals and plans moving forward? Or is he the quiet type?
 
Posted by doling2005 on :
 
Reorganization and new CEO is great news, the market should respond favorably to this, pick up your millions at .003 and double your $$$$$$$$$$
 
Posted by J_U_ICE on :
 
IHUB post


CHNW : Very important update from the company..Read this in full. This is explosive, friends. The company is going to
taken on the shorts big time. They are also buying back the shares at this time.

---Email from Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
-----------------------------------------------------

xxx

Thanks for your e mail.

Heres the update. The NOBO list really doesn't show us anything other
then who the shareholders are and what each shareholder owns. Its
virtually useless!!! The issue is that theres a OBO list (Opposing
list) Those that do not want to disclose their shares. We cant get
our hands on that! We know that theres a HUGE we estimate 500-700 mm
short that the mm are playing tag with. VFIN is the culprit and their
side kicks in Boca Raton. They keep kiting the short.

Its got to the point that the X CEO couldn't deal with this nonsense
and he simply "gave up". Actually his contract did expire but he was
overwhelmed with shorts issues!! The new CEO is hot on this and hes
called for the DTC Run depository. DTC is the electronic stock
deposit. We are taking the matter seriously! We are consulting with
various commercial investors who are giving us guidance. We are doing
all we can to stop this nonsense! This is a damn good company! We
have excellent infrastructure top notch software and there are
negotiations under way with a big payday loan and check cashing
outfit (several hundred locations to use our software). If that deal
pops our revenue will go through the roof!, and who knows what it
will do to the stock! This is a good company that is being killed by
people who are bashing the daylights out of it!!

I can tell you that we are seriously thinking of changing the symbol
which would call all the stock in and they would HAVE TO COVER!!!!!
We think that may be our only way for now without doing anything
drastic. We are hoping that by us doing this and them having to cover
there could be a sharp sharp spike! Thats the game plan! We DO NOT
(REPEAT DO NOT) intend on reversing the stock as thats only a quick
fix! We want to solve the issue! If we are left with no choice in the
future that may be an option but not now!

We are hard at work getting the Forex all set up. Theres an
investment bank thats talking to us in doing backing for the
intermediary fees. If that all comes to then this has the potential
of being MEGA HUGE!! If BOTH the investment bank and the multi
software sale comes in then this could be a grand slam!! There are
some serious and NICE (hint revenue type) press announcements coming
in which should help the cause! We also have interest in several
International markets (companies that want to buy Master rights for
their country like the Australia deal we did). we are dedicated and
110000000000% IN AND DEVOTED TO CASH NOW! It is a good good company!

Im telling you all of this as you volunteered to assist with boards
and helping us out and we feel your frustration as you have been our
shareholder for a while now and you have seen our hard work basically
destroyed by people who fly by night and are only in it for the quick fix!!

If this assists you thats all we can offer now. We are doing all we
can and are focused on running the business!

Kindest regards

Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
 
Posted by KP on :
 
sweet...I have been bagholding this for a while [Smile]
 
Posted by stockbug on :
 
quote:
Originally posted by doling2005:
Reorganization and new CEO is great news, the market should respond favorably to this, pick up your millions at .003 and double your $$$$$$$$$$

This is a good deal at .003, I run out of cash in my account. I am holding a few positions, let's see what happens. Look at the chart, nice opportunity for a double.
 
Posted by tmanfromtexas on :
 
Hitman try it again. they are filling orders now. TMAN...
 
Posted by JimSC on :
 
Changing symbol may trigger
a short-squeeze.

Huge volume for 3 days in
a row -- it's a great turning
point.

***
Time & Sales
Price Size Exch Time
0.0003 200000 OTO 13:31:29
0.0003 500000 OTO 13:29:33
0.0003 452000 OTO 13:21:46
0.0003 1000000 OTO 13:20:37
0.0003 4000000 OTO 13:20:37
0.0003 1000000 OTO 12:59:29
0.0003 4000000 OTO 12:50:39
0.0003 400000 OTO 12:50:08
0.0003 385000 OTO 12:50:06
0.0003 600000 OTO 12:45:43
0.0003 1000000 OTO 12:41:21
0.0003 450000 OTO 12:41:21
0.0003 2000000 OTO 12:41:21
0.0003 400000 OTO 12:41:21
0.0003 300000 OTO 12
 
Posted by J_U_ICE on :
 
[QUOTE]Originally posted by JimSC:
Changing symbol may trigger
a short-squeeze.
[/QUOTE

I would love to see that.

BTW Happy New Year Jim. Good to see you. Nice one on TVCE
 
Posted by JimSC on :
 
Thanks, JU, and Happy New Year to you, too.

I think CHNW will do better than TVCE,
because the MMs have collected tons of
shares at bottom now. We can help the
pps by putting GTC sale-orders on the
CHNW shares.

***
Posted by: strongus2006
In reply to: None Date:1/19/2007 12:58:09 PM
Post #of 3088

All put in your good till cancel orders at like 10 cents..This might make your shares not loanable..
 
Posted by Tre on :
 
In at .0003...hopefully will do well. The pr and that email look good!
 
Posted by bobcat88 on :
 
In for 2.8m, should be a nice ride when the coaster crests the top.
 
Posted by bobcat88 on :
 
Highest I could place GTC is .0012 with SC.
 
Posted by stocktrader22 on :
 
whats a/s, o/s, and float on this one...must be diluting it...lots of volume no change in price
 
Posted by JimSC on :
 
Repost about O/S --- from Ihub

--about 950 MM shares.

****
Posted by: DOLPHY
In reply to: DOLPHY who wrote msg# 3044 Date:1/18/2007 3:27:23 PM
Post #of 3123

Kakuna,I just spoke to the Transfer agent in Toronto (tel 416-363 1240. He would not give me the outstanding shares unless I fax astaement from my broker to show that I am a shareholder. I explained that early in Dec I made a similar request and was told that the no is 950 million. He then said that it would be about the same now. I was criticed by one poster for giving unconfirmed info. You can call the TA and confirm this yourself.
Thanks for your postings which are very realistic and not like those optimists who think that only positive comments are welcome here.I am so disappointed with this management and the change referred to in the last PR,as far as I am concerned is more of the same. Others think so too and that is why the stock has actually gone down since that PR.
 
Posted by doling2005 on :
 
well, actually the pps has stayed the same, can't get much lower that's what I like, it's a technical bounce I'm looking for.. we'll see

http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by doling2005 on :
 
take advantage of this bounce,happin'
 
Posted by Tre on :
 
Gotta love 133% in 10mins. Now the bid price needs to get up!
 
Posted by fryyguyy on :
 
Got my order in for .0005 Hope it gets filled.
 
Posted by JimSC on :
 
HOD: 0.0008 (up from 0.0003)

This is the MMs' game. Once they
have collected enough shares, they will
push pps up gradually with many shakes
on the way. Just set your GTC sale-orders,
so they will not be loaned out for
short selling.

Time & Sales
Price Size Exch Time
0.0004 100000 OTO 10:14:48
0.0004 1078500 OTO 10:12:56
0.0005 100000 OTO 10:12:52
0.0004 421500 OTO 10:12:51
0.0003 500000 OTO 10:12:51
0.0004 100000 OTO 10:12:51
0.0004 100000 OTO 10:12:51
0.0003 500000 OTO 10:12:51
0.0004 78500 OTO 10:12:51
0.0004 500000 OTO 10:12:51
0.0004 100000 OTO 10:12:51
0.0004 400000 OTO 10:12:51
0.0003 500000 OTO 10:12:51
0.0003 100000 OTO 10:12:51
0.0003 500000 OTO 10:12:51
0.0003 400000 OTO 10:11:24
0.0007 400000 OTO 10:11:24
0.0007 3000000 OTO 10:05:46
0.0007 100000 OTO 09:40:51
0.0004 100000 OTO 09:40:51
0.0008 100000 OTO 09:40:45
0.0004 100000 OTO 09:40:45
0.0008 42900 OTO 09:38:21
0.0005 10058 OTO 09:30:04
0.0003 500000 OTO 01/19
0.0003 300000 OTO 01/19
0.0003 859842 OTO

Watch list:
HISC
MHUS
-- they are at bottom just like
CHNW last week.
 
Posted by GlassCrasher on :
 
WTF???? Massive dumping
 
Posted by Hitman on :
 
Just hang tite... It will go back up..... will finaly get back to .003 .... Lots of traders keep an eye on this one which is Gr8 [Smile]
 
Posted by Hitman on :
 
CHNW will be a gr8 money maker. When they enter the FOREX market and start taking trades from people, on their new website.... The ticker will really take off. Up and away ....:::::===+++
 
Posted by Hitman on :
 
The highest Scottrade would let me put in a sell order was .0015 I have 2million shares.... Still couldnt buy today at TDAmeritrade online .... This could be the trade of the year.... If things come together corectly... We Are Headed For The Money $$$$$$$ Well worth the risk [Smile] Out of funds at Scottrade so will have to stick with my 2000000 shares
 
Posted by KP on :
 
Yes and in the next couple of months we will reap the benee's [Smile]
 
Posted by Hitman on :
 
The FOREX market is the largest trading market in the world... If CHNW ends up with a good website for FOREX trading and user friendly then they can make lots of cash..... I have studied that market and found that most of the trading websites are not user friendly. They either have the spreads to wide, too many glitches on line or too hard to manover within the site! Hope CHNW gets it right.. will b a good thing.
 
Posted by Squire38 on :
 
quote:
Originally posted by Hitman:
The FOREX market is the largest trading market in the world... If CHNW ends up with a good website for FOREX trading and user friendly then they can make lots of cash..... I have studied that market and found that most of the trading websites are not user friendly. They either have the spreads to wide, too many glitches on line or too hard to manover within the site! Hope CHNW gets it right.. will b a good thing.

Allstocks has a FOREX BB now, if anyone is interested.
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/forum/f/15.htm l
 
Posted by Hitman on :
 
WoW,,, Thanks For the info
 
Posted by doling2005 on :
 
I bought more today, it just has to have hit bottom and when you buy it this low, it either goes out of business or it bounces 5000%, I bet on the latter, good risk to reward ratio I think
 
Posted by Hitman on :
 
WIll Pop up again... always does
 
Posted by bobcat88 on :
 
From Han2004fl over at Ihub, they are going crazy with this stock over there.

*** SHALL WE analyze what is really going on in detail on share count/volume?

Fact: 2006-09-30 A/S: 950 O/S: 581 Restricted: 336 Float: 245

Fact: 2006-12 A/S: 950 O/S: 581 per someone’s post on IHUB per conversation with the company. I saw it earlier when I went through posts but I didn’t make a mark which post it was.

Fact: 2007-01-23 A/S: 5,000 Restricted: 4,000 +

A/S has increased 4,050

Assume that all shares up to 950 millions beyond 581 were put into the float. Therefore float would be 245 + (950 – 581) = 614 millions. But one can go as far as all A/S 950 is now in float so maximum 950 millions are in float and non-restricted.

If what the company has said in the email is accurate: 4000 + are restricted. Half (around 2000) was used up for financing and they are restricted, and half is in the treasury for future expansions. So this means those newly increased in A/S, is not dumped into the market because it is NOT TRADABLE yet till the restricted term is reach. From what I can figure, I see that 1 year term is likely the case.

So why so much volume lately?

From 12/20/06 to 01/23/07 = 1,231 millions traded in the range of .0002 - .0008
I am certain that part of the volume went through flipping. As a method I use to calculate shares being introduced into the market with other stocks which very good accuracy when price is moving in smaller range like this … I would say that 1/3 of the volume belong to shares flipped. 1/3 goes to buys 1/3 goes to sells since every share changed hands generate volume = 2. So 1/3 of newly shares introduced into the market during 12/20/06 to 01/23/07 for investors to buy.

I have used this calculation on many stocks before and believe me it works. Error margin is about 10% or so.

So 1/3 of 1,231 is 410 million shares … that’s is 410 millions new shares introduced into the market since 12/20/06

581 (old o/s) + 410 (new shares into float) = 990 millions float max.
but it could be as little as 654 (990 – 336) BINGO!!!

That’s where the volume came from. So let’s run with that figure.

1) 1/3 to flip, 1/3 to buy, 1/3 is the newly shares put into the market (410 millions)

2) So the new 410 millions were probably sold in .0006 range.
3) If 4000 new shares are restricted then the increased in shares from 950 – 581 = 369 could be very much GONE into investors. And 1/3 of those 1231 were around .0003 or so, I think are very much are in hands of those who got shares at .0002 to .0003. That translates to we are at the bottom.

I don’t expect that much more of a volume without no price movement. If ASK is getting hit and volume comes (without naked shorting), price should move up.

How much price movement will it be? Who knows? It’s all depending on the momentum, how got shares, and how high whoever in power want to take it.

USXP went from .0003 to .045 in about 3 months.
QBID went from .0002 to .033 in about 4 months
IPRE went from .0004 to almost .005 in few days.
USSE went from .0003 to .33 in a matter of few weeks.

Anything is possible. I do think CHNW is about to go to .003 to .005 in very short time frame. We need a pr about those 4000 million shares telling us that there are restricted shares.

My numbers make sense to me that those volume (1.2 billions since 12/20/06) came from putting 410 million shares or the rest of the old A/S into float, nothing more nothing less.

Now those shares are scooped up at the very low price .0002 to .0003, now it’s time to move up. It’s a matter of 10X, 20X, 40X or 100X.

NOTE: should the share count was at 581 million and the company started putting the rest of the 950 millions into the float, total traded since 12/01 is 1387 millions. You just change 410 millions number I have up in here to 462 millions. That is only 52 millions different. There is no big different. Keep in mind that lots of volume in DEC came from TAX LOSS selling. So you might as well 1/5 of Dec volume instead of 1/3. Total Dec Volume is only 176 millions. 156 millions from 12/01 - 12/19; 20 millions from 12/20 - 12/29
 
Posted by JimSC on :
 
0.002 X 0.003

VFIN is on the bid -- he was the
one who did short selling. So he
has recovered his short position
and will push the pps up soon.
Watch it.
 
Posted by ohio_trader on :
 
i got back in at .0002, looking for a big pop soon!
 
Posted by Schwabie on :
 
[Eek!]

IHUB POST:

Posted by: Han2004fl
In reply to: None Date:1/24/2007 1:02:39 AM
Post #of 3675

Some Cash Now locations and pictures in AU

Cash Now Head Office
Address: Ground Flr, Stafford Hse

23-25 Leigh St, Adelaide

South Australia, 5000

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8410-CASH(2274)
Fax: +61 (0)8-8410-2748
Toll Free Voice: 1-800-00-5880
Email: adminau*cashnow.com
Website: www.cashnowau.com
Cash Now Adelaide

Anne Byron
Address: Ground Flr, Stafford Hse

23-25 Leigh St, Adelaide

South Australia 5000

AUSTRALIA Ph: 1300-799-866
Tel: +61 (0)8-8410-CASH(2274)
Fax: +61 (0)8-8410-2748
Email: adelaide*cashnow.com
Website: www.cashnowadelaide.com


Cash Now Arndale

Vanthana Louaneviseth

Address: 469 Torrens Rd
Woodville South Australia 5011

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8345 1188

Fax: +61 (0)8-8345 1988
Email: info*cashnowarndale.com.au
Website: www.cashnowau.com/arndale

www.cashnowarndale.com.au


Cash Now Brighton

Donna Willoughby
Address: 495 Brighton Rd
Brighton, South Australia, 5048

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8358-0888
Fax: +61 (0)8-8296-8844
Email: brighton*cashnow.com
Website: http://www.cashnowau.com/brighton


Cash Now Browns Plains

Mark Walker
Address: 6/3376 Mt Lindsay Hwy

Browns Plains QLD 4118

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)7 3800-7727

Fax: +61 (0)7 3800 0029
Email: brownsplains*cashnow.com
Website: http://www.cashnowau.com/browns


Cash Now Cabramatta

Philip Pham

Address: 8/70-72 John St
Cabramatta, New South Wales, 2166

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)2 9723-0255

Fax: +61 (0)2 9723-0277

Email: cabramatta*cashnow.com
Website: www.cashnowau.com/cabramatta

Cash Now Caboolture

John Winchester

Address: 1/42 King St

Caboolture, Queensland. 4510

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)7-5499-4907

Fax: +61 (0)7-5499-4762

Email: caboolture*cashnow.com
Website: www.cashnowcaboolture.com


Cash Now Coffs Harbour

John & Margaret Martin

Address: 67 Grafton St,

Coffs Harbour NSW 2450
PO Box 145, Toormina NSW 2452
AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)2 6651 2011

Fax: +61 (0)2 6651 3099
Email: coffsharbour*cashnow.com
Website: www.cashnowcoffsharbour.com


Cash Now Elizabeth

George Ransley
Address: 20/100 Philip Hwy
Elizabeth South, SA. 5112

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8252-5300

Fax: +61 (0)8-8252-5311
Email: elizabeth*cashnow.com
Website: www.cashnowau.com/elizabeth


Cash Now Ferntree Gully

Tedjo Hadiwidjojo

Address: Shop 15a, Mountain Gate Shopping

Centre, Ferntree Gully, Victoria. 3156

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)3-9753-5325

Fax: +61 (0)3-9753-5316

Email: ferntreegully*cashnow.com
Web: www.cashnowferntree.com


Cash Now Gawler

Mandy Tregeagle

Address: 55a Murray St

Gawler, South Australia. 5118

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8523-3370

Fax: +61 (0)8-8523-3389

Email: gawler*cashnow.com
Web: www.cashnowgawler.com


Cash Now Glynde

Craig Vesey
Address: 497a Payneham Rd
Glynde, South Australia, 5070

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8395-5661

Fax: +61 (0)8-8395-5664

Email: glynde*cashnow.com
Website: www.cashnowau.com/glynde


Cash Now Ipswich

Karen Macdonald

Address: Shop 417, Ipswich Plaza Shopping Centre, 2 Bell St, Ipswich Qld, 4305, AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)7-3812-2900

Fax: +61 (0)7-3812-0800

Email: ipswich*cashnow.com
Website: www.cashnowau.com/ipswich


Cash Now Mitcham

Brenton McKenzie
Address: PO Box 303
Parkholme, South Australia, 5043

AUSTRALIA Ph: 1300-799-866
Tel: +61 (0)8-8410-2274
Fax: +61 (0)8-8410-2748

Email: mitcham*cashnow.com
Website: www.cashnowmitcham.com.au


Cash Now Modbury

Craig Vesey

Address: Level 1, 750 North East Rd,

Modbury, South Australia, 5092,

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8395-5661

Fax: +61 (0)8-8395-5664
Email: modbury*cashnow.com
Website: www.cashnowmodbury.com


Cash Now Mt Barker

Sonya Miller

Address: Shop 5 Mt Barker Village

Mt Barker, South Australia. 5251

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8391-4100

Fax: +61 (0)8-8391-4111

Email: mtbarker*cashnow.com
Web: www.cashnowmtbarker.com


Cash Now Murray Bridge

Michelle McDonald

Address: 2/22 Seventh St

Murray Bridge, South Australia. 5253

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8531-3031

Fax: +61 (0)8-8531-3032

Email: murraybridge*cashnow.com
Web: www.cashnowmurraybridge.com


Cash Now Noarlunga

Diane Owen
Address: 5/54 Beach Rd

Christies Beach, South Australia, 5165

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8384-4995

Fax: +61 (0)8-8384-4123
Email: noarlunga*cashnow.com
Website: www.cashnownoarlunga.com


Cash Now Perth

Patrick Cheow
Address: Shop 21, Cinema City Arcade

Murray St, Perth, Western Australia, 6000

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-9221-5280

Fax: +61 (0)8-9221-5391

Email: perth*cashnow.com
Website: www.cashnowperth.com.au


Cash Now Salisbury

Chanse Nop

Address: 26a Park Tce

Salisbury, South Australia. 5108

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8250-3439

Fax: +61 (0)8-8250-3492

Email: salisbury*cashnow.com
Web: www.cashnowsalisbury.com


Cash Now Seaton

Leighton Hurrell

Address: 6/183 Tapleys Hill Rd,

Seaton, South Australia, 5023

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)8-8410-2274

Fax: +61 (0)8-8410-2748
Email: seaton*cashnow.com
Website: www.cashnowau.com/seaton


Cash Now Stones Corner

Enza Cristiano & Nicole Cavallaro

Address: 4/34 Old Cleveland Rd

Stones Corner, QLD. 4120

AUSTRALIA Ph: 1300-799-866

Tel: +61 (0)7-3397-1194

Fax: +61 (0)7-3397 0441
Email: stones*cashnow.com
Website: www.cashnowau.com/stones


Cash Now Wollongong

Nawel Semaan
Address: 1a/280 Crown St
Wollongong, New South Wales, 2500

AUSTRALIA Ph: 1300-799-866
Tel: +61 (0)2-4226-9092
Fax: +61 (0)2-4226-9029

Email: arreyan*cashnow.com
Website: www.cashnowwollongong.com.au


AWARDS

http://www.cashnowau.com/awards.html
 
Posted by tmanfromtexas on :
 
Now that was a long post. lol TMAN...
 
Posted by Schwabie on :
 
[Eek!]

IHUB POST:

Posted by: strongus2006
In reply to: Han2004fl who wrote msg# 3618 Date:1/24/2007 7:24:18 AM
Post #of 3675

CHNW important update on share buyback :
I received an email from the company regarding my specific pointed question about share buyback. The company is saying in their latest reply that they bought back 300 million shares as part of the share buyback. This is according to their last email I got. My head is spinning. I don't know what to believe here. I asked them to PR this as soon as possible along with the current share structure and promise us not to reverse split the stock coz we can go up big if the company puts out some good PRs. I think I will sleep well knowing this.
I think this 300 millions fits well with Hans analysis..
Putting it simply

All 950 million is in the float (just a guess)
Company probably sold at a much higer
level and exhausted the float. Now they are buying back

So the math is this

A/S - 5 billion
Float - 950 million
Rest (4 billion is restricted)
Out of the 950 million float the company is saying they bought
back 300 million. So the remaining float of 650 million is our
retail hands and I got nearly 55 million of them!!
God bless us. I see a big upside if this theory is correct..

_________________________________________________

Posted by: Han2004fl
In reply to: fratboy72 who wrote msg# 3640 Date:1/24/2007 10:07:09 AM
Post #of 3676

I think the company is doing some dancing around to get cheap shares or to have someone gets cheap shares.

Just think of this simplely...

1) PPS was much higher, company sold shares ... Then the company started to gag TA ... that creates uncertainty and drive price down.

2) When price is at the lowest, the company ungagged TA (from what i gather from posts that it happened yesterday) so investors know of 2.5 billion o/s. Out of 561 millions and 185 millions traded in the last 2 days, maybe the company bought back or maybe they let someone bought in at the cheap price. It could be a deal the company has with financers.. who knows?

DOMS was there to cap for a reason and showing 100000 in size yesterday. If you were to dump shares DOMS won't be coming capping and show 100000. It will show 1 or 100 so people won't be so scare to buy.

That's just my opinion.
 
Posted by tmanfromtexas on :
 
I love it. Reminds me of another stock recently. "buyback shares" while diluting the **** out of it. Maybe we can get a bounce. TMAN...
 
Posted by Schwabie on :
 
quote:
Originally posted by tmanfromtexas:
I love it. Reminds me of another stock recently. "buyback shares" while diluting the **** out of it. Maybe we can get a bounce. TMAN...

YUP...

DILITION AT ITS BEST.

[Eek!]
 
Posted by tmanfromtexas on :
 
well this was a short hope lotto ticket. TMAN...
 
Posted by Tre on :
 
Great...down even more now! We need a decent bounce here. .0001...I got in at .0003 thinking that was bottom...HUH...and the market laughs at me.
 
Posted by Hitman on :
 
Just Bought another million at .0001 Gr8 price ////// cant loose [Smile]
 
Posted by JimSC on :
 
quote:
Originally posted by Hitman:
Just Bought another million at .0001 Gr8 price ////// cant loose [Smile]

Yes, you could loose if they do R/S. LOL.
But the chance is small because the
MMs got tons of shares now. The MMs
have the power to run it if they
want to. Now they just want to shake
out more shares at this level.
 
Posted by ohio_trader on :
 
i will hold my shares(at .0002), don't have alot of $$$ out, but if this does run...CHA CHING !!!!!


a lot better play right now than 9/10 penny stocks in this price range with potential to rocket,
( this was as high as .09 in the last year, and shows it can pop...went from .01 to .06 last year from June to July)

goes back to Risk vs Reward.......

$200 gets you 1 million shares now

if this runs you will be VERY happy, if not you won't get hammered

if I listed 20 stocks at .0002 right now this would be one of the best plays, most sitting here have never run to .01, much less been at ..06,.09,.50, 1.00, 2.00

will it ever run to .05+, probably not, but a .005-.01 is in play, which is much higher potential than most here in this range


IMO

this is a great play for risk takers with larger accounts that have $50-200 to throw at it

we have all held much bigger dogs than this...
but this dog will run again, how high?


***do your own homework***
 
Posted by Chris4205 on :
 
Cash Now Corporation (Cash Now) Announces The Completion Of The Indonesia National Licensee Transaction

Jan 25, 2007 09:00:00 (ET)


LAS VEGAS, Jan 25, 2007 /PRNewswire-FirstCall via COMTEX/ -- Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), Cash Now a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software back end systems, Internet based payday loans, and other sub prime financial utility tools, today announced the completion of the Indonesia National Licensee Sale. Cash Now's new CEO Garr Winters plans on re focusing the sales efforts towards the North American markets rather than the International one. Cash Now will continue to offer licensing of its technology and developed vendor relationships, for the payday loan and check cashing industry as the company continues the implementation and development of its entry into the Forex trading markets. Cash Now offers a payday loan license program known as Payday Express, as well as a payday loan and a check-cashing license known as Check Express. In other company news, Mr. Winters added we are quite concerned about the erosion of our share price. The company is looking at ways to address this issue through various other available alternatives, including possible acquisitions of other assets in the non traditional sub prime industries it currently operates in.

Cash Now Background

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

SOURCE Cash Now Corporation


cashnowcorp*cashnow.com, Tel 1-800-224-9641
 
Posted by Tre on :
 
Some good new from the CEO.

Cash Now Corporation (Cash Now) Announces The Completion Of The Indonesia National Licensee Transaction
PR Newswire - January 25, 2007 9:00 AM

Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), Cash Now a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software back end systems, Internet based payday loans, and other sub prime financial utility tools, today announced the completion of the Indonesia National Licensee Sale. Cash Now's new CEO Garr Winters plans on re focusing the sales efforts towards the North American markets rather than the International one. Cash Now will continue to offer licensing of its technology and developed vendor relationships, for the payday loan and check cashing industry as the company continues the implementation and development of its entry into the Forex trading markets. Cash Now offers a payday loan license program known as Payday Express, as well as a payday loan and a check-cashing license known as Check Express. In other company news, Mr. Winters added we are quite concerned about the erosion of our share price. The company is looking at ways to address this issue through various other available alternatives, including possible acquisitions of other assets in the non traditional sub prime industries it currently operates in.

looks like this guy wants to do some good for the shareholders.
 
Posted by ohio_trader on :
 
low volume, but almost all buys...i have a feeling this is going to run soon,mm's have been playing games for weeks now and have accumulated millions of shares, they will let in go soon IMO
 
Posted by ohio_trader on :
 
4 huge buys just went through, somebody is loading up
 
Posted by ohio_trader on :
 
volume now over 100 million, buys going through all day at .0002.....sooner or later this is going to move up.. especially if the buy volume keeps rolling through
 
Posted by ohio_trader on :
 
anyone see the fat finger at .0018, maybe a sign of where we're going soon....
 
Posted by bobcat88 on :
 
from ihub

Email from the company.

Cash Now Corp <cashnowcorp*cashnow.com>
To
Date Thu, 25 Jan 2007 01:56:03 -0500
Subject Re: reply

We can tell you there are NO plans for a reverse split!
We are negotiating with backers to support the stock and 2 have said YES if we can get the price up! We have the volume they like to see now we need the to get the price up! Look at the time now its 2 am and there are 4 of us in the office here who will work till 4am and be back at work at 9am!!

We remain committed to this company! This is a good company. We are doing all we can to support the stock and we want to see a big bounce back!!

lots of news coming up in the next 2 -3 weeks that should help our cause!

Thanks
 
Posted by chudson on :
 
I saw it... Almost got really excited
 
Posted by JimSC on :
 
Just trust the ability of the MMs to
manipulate the pps to unload their huge
inventory. However, it normally takes
6 weeks to push the pps up.
 
Posted by ohio_trader on :
 
last three days every order sowing green on the ask .0002

IMO
the mm's are rearranging there inventories, like JimSC has posted several times, but this looks like they are priming to let this run and make HUGE profits soon....they shorted this to the hilt for 2 months, and now are collecting, and covering their positions....they made a lot on the way down, and now look to make a killing on the way back up....put the T&S up and watch, since all sales have been at .0002 you have to assume these are all buys( or almost all) why would they be letting people( the public) unload at .0002, when the bid has stayed at .0001, the only sales going on like this would be between the mm's selling to each other
 
Posted by bobcat88 on :
 
I'm just hoping it cant ALL be dilution. No I'm not bashing and hope what you think is correct ohio_t
 
Posted by ohio_trader on :
 
quote:
Originally posted by bobcat88:
I'm just hoping it cant ALL be dilution. No I'm not bashing and hope what you think is correct ohio_t

----------------------------------------------------


could be, but a poor strategy( and possibe set up for fraud) by any business after filing for NOBO, as CHNW did last month


you claim your stock is shorted, and then dilute....this is playing with fire for any CEO

IMO

***do your own homework***
 
Posted by chudson on :
 
could we be ending the day up? currently up .0001 at .0003.

I think things are going to change soon.
 
Posted by JimSC on :
 
Very active at Ihub:

http://www.investorshub.com/boards/board.asp?board_id=6529

This is a gamble: R/S or No? If
the ceo lets the MMs run and gives them
6 weeks, CHNW will come back nicely.
If the ceo wants the pps up quickly and
does a R/S, he will be killing this
stock.
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now Corporation (Cash Now) Closes The Regional Training Transaction
Friday January 26, 6:38 pm ET


LAS VEGAS, Jan. 26 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK), www.cashnow.com (Cash Now), a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software and white or private label back end systems, Internet based payday loans, and other sub prime financial utility tools, annouced today after the market closed, the completion of the regional training transaction. The trainee, a Maryland based mortgage broker, plans on adding additional services to their clients via the Internet such as online payday loans and other sub prime financial services made available by Cash Now and its vendors.
ADVERTISEMENT


Cash Now's CEO Garr Winters said, "this is a bit of a different twist from our traditional model, however, as more and more States and Provinces change the laws on payday loan lending we are noticing an increase in the media scrutiny and the need for payday loan and check cashing operators to stay on top of the current laws and regulations that affect our industry." Case in point, the recent soon-to-be-released San Francisco Chronicle expose on the payday loan industry that is comparing traditional bank fees to those charged by payday loan companies. The company confirms that it did contribute to the payday industry support cause, as it did participate with the journalist inquiry. Mr. Winters said, "we are not a bit surprised that most consumers and journalists alike did not realize that in most cases, taking out a short term payday advance is less expensive than the fees charged by some traditional banks." In other company news, the company remains concerned about the erosion of its share price. The company plans on issuing a "President's Message" press release to its shareholders, that will address this and many other frequently asked questions of its shareholders.

Cash Now Background

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.


--------------------------------------------------------------------------------
Source: Cash Now Corporation
 
Posted by tmanfromtexas on :
 
Interesting they would post this after the bell on a friday and nice to see 3s. TMAN...
 
Posted by ohio_trader on :
 
good chance this runs on Monday, after the buy volume this week, and a 50% close up today
 
Posted by ohio_trader on :
 
recent ih.. post

Posted by: strongus2006
In reply to: None
Date:1/26/2007 6:57:47 PM
Post #of 4194

My questions and CHNW's answers

CHNW's answers are in bold

#1) Announcing how much you bought back recently..................
We bought close to 300mm

#2) When can we see press releases ??
will be early next week

#3) Pronoucing NOBO/DTCC short
figures...............................
about 500mm
----------more from their email--------------------
there are strict guidelines as to what we can and can not say who we can accuse etc We are getting legal advice and cant just be all over the place trying to satisfy everyone
---------------end of email---------------------------

Disclaimer : I am relaying whatever they are communicating to me via email to make them accountable. Please do not take
your investment decisions based on IR emails as such.
 
Posted by blake on :
 
quote:
Originally posted by ohio_trader:
good chance this runs on Monday, after the buy volume this week, and a 50% close up today

agree - the cap of 1.2B * .003 is still equal to less than 1M..and their annual revenues are a multiple of it...there is no reason why the stock doesnt treade at .001 or at .01. This might be one to hold and perhaps be the sub-penny of 2007!
 
Posted by blake on :
 
chnw is now in the number one position of TheStockHawk.com - so there is definitely a nice buzz out there...
 
Posted by ohio_trader on :
 
this stock is getting alot of action on other boards,
and could be the week this starts moving back up


more PR's expected per CEO this upcoming week
 
Posted by doling2005 on :
 
this is the bottom...I'm looking for a 200% - 500% gain on this one..glta


http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now Corporation (Cash Now) Signs Agreement in Principle to Buy a California-Based Prepaid Debit Card Company
Monday January 29, 8:00 am ET


LAS VEGAS, Jan. 29 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems, Internet- based payday loans, and other sub prime financial utility tools, today announced that it executed an agreement in principle to acquire California- based company Global Visions Incorporated (Global) for cash and stock. Global is a developer and worldwide wholesale marketer of a new generation of prepaid financial service products and "e-wallet"-type services.
ADVERTISEMENT


Jack Chang, CEO of Global and the co-inventor of the ATM, said, "I see Cash Now as being a well-financed, upwardly mobile and forward-thinking company, with good management and a good advisory team, that has demonstrated revenue, and is in a strong position to expand its market share Internationally. International market expansion is where I can lend tremendous help since I have been working on the international front for the last several years. Moving forward, Jack Chang will maintain an equity position in the company, and will be actively involved in the business and marketing strategies and activities of the ATM side of the business.

Cash Now's CEO Garr Winters said, "we have been actively looking for an ATM and prepaid debit card expert to add to our management team for some time now. Our interest is in Mr. Jack Chang rather than the company in which he is a majority shareholder. Cash Now's advisors confirm that Cash Now will, soon after closing the transaction, spin out Global to an unrelated purchaser for an undisclosed sum to be paid in cash. We have been working out the details of this acquisition for several months now as we see a huge upside opportunity in the ATM sector. Mr. Winters added, "the ATM point of sale business was briefly operated by Cash Now several years ago in 2004 and 2005 by its previous management which I'm proud to have been part of. We literally witnessed our revenues skyrocket during that period, and we are looking to duplicate or repeat that process with the assistance and guidance of Mr. Chang.

Mr. Chang said there are currently more than 1.5 million ATMs worldwide, but the deployment of ATMs is still in the infancy stage in developing and less-developed countries. Internationally, prepaid products, such as the prepaid debit cards, are rapidly emerging. The next wave following the prepaid debit cards will be the need for payment system devices, such as the ATMs, to acquire the transactions of the prepaid debit cards. Therefore, the strategy is to focus the ATM deployment on the coattail of the International Prepaid Debit Card market, which is virtually untapped and enormous, since more than 5 billion of the 6.4 billion people in the world are "un-banked."

Cash Now Background

Cash Now Corporation, a pioneer in the Internet 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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing. license known as Check Express. Cash Now with its web based and focused outlook has won the Golden Web award in 2001, 2002, 2003 and 2005. In 2005 Profit Guide magazine ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies. In 2005 Cash Now was ranked # 44 out of top 1000 fastest growing franchising companies by Entrepreneur guide.

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
 
Posted by tmanfromtexas on :
 
I checked the Global website and viewed the patent info. His name appears to be on the patent. Interesting... TMAN...
 
Posted by Tre on :
 
Looks like were going to move today. MACD is finally crossing.
 
Posted by blake on :
 
quote:
Originally posted by tmanfromtexas:
I checked the Global website and viewed the patent info. His name appears to be on the patent. Interesting... TMAN...

the guy is legitimate, I once talked with him about marketing international debit cards. He certainly an old hand in the industry (how old I dont know ;-)

great volume today. more than 100 mio shares traded within the first 1/2 hour... and if all goes well, we might touch 5 today!
 
Posted by Tre on :
 
Another 50% gain in a day...bring it on!
 
Posted by ohio_trader on :
 
bid now at .0004
 
Posted by bobcat88 on :
 
.05's gettin hit
 
Posted by J_U_ICE on :
 
Posted by: chud03
In reply to: None Date:1/29/2007 1:29:46 PM
Post #of 4596

ATTENTION TODAYS EMAIL FROM COMPANY:

Couple of good press releases coming out this week. We think we can bring this right up to a PENNY!!! Thats the game plan anyhow..Time will tell how close we reach our goal..
We are derermined to se our stock price go right up. The president message is being right worked on( as long as the lawyers can approve it) and there are other good things happening at the company.

Thank you for you assistance
 
Posted by bobcat88 on :
 
750mil, ready to blow here.
 
Posted by Tre on :
 
That is some great news. I think its time to buy some more!
 
Posted by Stockstar69 on :
 
Wow...I wonder if it can hit 1 billion shares traded today?
 
Posted by ohio_trader on :
 
this is just the beginning....
 
Posted by Tre on :
 
if this gets to a penny...who knows where it could end up in a few months. Where is everyone thinking about taking profits on this?
 
Posted by ohio_trader on :
 
just bought some more, don't wanna be short when this takes off.....lol
 
Posted by bobcat88 on :
 
This years USXP for me, 1250% no less.
 
Posted by Tre on :
 
Trying to sell some dogs to get into this...etrade is taking forever!
 
Posted by ohio_trader on :
 
if this can close at .0005 today, it will go off tommorrow


IMO


***do your own homework***
 
Posted by bobcat88 on :
 
Yeah, maybe tomorrow we can get some volume behind it!
 
Posted by ohio_trader on :
 
quote:
Originally posted by bobcat88:
Yeah, maybe tomorrow we can get some volume behind it!

------------------------------
lol, almost at 1 BILLION right now
 
Posted by dbric36 on :
 
Looks like this one is ready to pop
 
Posted by dbric36 on :
 
Over 1 billion today
 
Posted by Tre on :
 
And why hasnt this popped yet? I mean volume has been huge for the past week...such a little price gain. Do we need some solid news not just pr's?
 
Posted by fryyguyy on :
 
Notice how they held all of those .0003 trades to the end of the day. Like 100Mill in volume in the last couple of minutes. Bumms
 
Posted by ohio_trader on :
 

 
Posted by Tre on :
 
According to e-trade's market caster the ask is in * .0007 now.
 
Posted by McShooter on :
 
I loaded up today!!! Now we can run!!!

500 into 100K...You Gotta' Believe!!!
 
Posted by ohio_trader on :
 
quote:
Originally posted by bobcat88:
This years USXP for me, 1250% no less.

-------------------------------------
it can happen Bobcat, i rode usxp last year from .0007 up

and CHNW could go even HIGHER!


over 1 Billion served today!
 
Posted by bobcat88 on :
 
quote:
Originally posted by ohio_trader:

I'll hold this one tighter than USXP, bailed with "ONLY" 1500% gain on that one
 
Posted by ohio_trader on :
 
only 1500%,lol
 
Posted by ohio_trader on :
 
i'd take 1500% on any stock any day,...........lol
 
Posted by Tre on :
 
Hell...I only got 320 on it...any K's and I am a happy camper! Pay off all that damn school loan debt!!

quote:
Originally posted by McShooter:
I loaded up today!!! Now we can run!!!

500 into 100K...You Gotta' Believe!!!


 
Posted by Stockstar69 on :
 
I'm in! Now go up!
 
Posted by shrimant on :
 
Bought 2 millions of this at 0.0003..
 
Posted by bobcat88 on :
 
Chang is the new CEO of CHNW, check out GVHL today. Think that the two will combine and do a ticker change?

SAN DIEGO, CA, Jan. 29 /PRNewswire/ - Global Vision Holdings, Inc. (Pink Sheets: GVHL), a Nevada company, announced today that its CEO, Mr. Jack Chang, the majority shareholder, is in the process of transferring the majority of his equity position of GVHL to an undisclosed purchaser. This deal has been in the works for months and the two sides have reached a decision on various operational matters. Mr. Chang will maintain minority equity in the surviving company and will be actively involved in the business and marketing strategies and activities of ATM Business.
 
Posted by tmanfromtexas on :
 
Mark Smith of RM fame is the PREZ, etal of gvhl according to the nevada sos. I find that very interesting. TMAN...
 
Posted by tmanfromtexas on :
 
More News...

January 29, 2007 - 7:04 PM EST

Cash Now Appoints Three New Sales Executives
LAS VEGAS, Jan. 29 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems, Internet- based payday loans, and other sub prime financial utility tools, today announced the appointment of three new sales executives. Peter Tate was appointed as Cash Now's new Senior business consultant in charge of new business developments. Mr. Tate will report to the company's CEO, Mr. Winters, directly. Garr Winters, Cash Now's CEO, was instrumental in bringing Mr. Tate aboard. Mr. Winters said, 'Peter comes to us with a wealth of knowledge, and experience in the hospitality industry and more importantly his ATM background which could prove monumental to our sales success.'

The company confirms that it plans to launch a National marketing campaign for license sales within the next 60 days, on various Internet portals. Mr. Winters added, 'All of the ingredients are in place to bring our sales force back to it's 'hay days', meaning the days before Cash Now experienced many business interruptions such as the hurricanes in Florida, to name a few, which in turn was reflected in the erosion of our share value. We are under tremendous self imposed pressure to see all of our hard work come to fruition and, as soon as our legal team finalizes the Forex intermediary agreement with our operating broker, our plans are to fire on all cylinders to make all of this happen. In closing, the management believes that we can better our 2005 results with the team and the advisors we currently have in place.'

How many folks here have been given prepaid cards in lieu of payment in cash or check? I personnally havent yet, but I know that my son has from his work, and I have heard of others that have received this type of payment for unemployment benefits. With them bring on Chang and this guy mentioned above it makes me wonder if that is where they are moving to. Things that make you go hmmm. TMAN...
 
Posted by Humbleman on :
 
why is the ask price at .0007 ( i'm new ) does this mean if I buy the stock I will have to pay .0007? its only worth .0003. can someone please clarify
 
Posted by iwannna on :
 
Here is GVHL press release

Global Vision Majority Shareholder Announces That It Has Signed An Agreement To Sell The Controlling Interest
Monday January 29, 10:30 am ET


SAN DIEGO, CA, Jan. 29 /PRNewswire/ - Global Vision Holdings, Inc. (Pink Sheets: GVHL - News), a Nevada company, announced today that its CEO, Mr. Jack Chang, the majority shareholder, is in the process of transferring the majority of his equity position of GVHL to an undisclosed purchaser(CHNW). This deal has been in the works for months and the two sides have reached a decision on various operational matters. Mr. Chang will maintain minority equity in the surviving company and will be actively involved in the business and marketing strategies and activities of ATM Business.
World Market

Global Vision's CEO, Jack Chang, who is the co-inventor of the ATM, said, "The purchaser is well financed, has demonstrated revenue and is in a strong position to expand its market share internationally. International market expansion is where I can lend a tremendous help since I have been working on the international front for the last two and half years. We see this as a win-win position for all concerned and especially our shareholders who have been anticipating this transaction for a very long time."

About Global Vision Holdings

Global Vision Holdings, Inc. (Pink Sheets: GVHL - News), the business developer and wholesale marketer (with agents worldwide), offers advanced payment systems products & services (for banked as well as un-banked people) that include:


- Prepaid Debit Cards - For end users, groups & co-branding issuers
- Credit & debit card processing outsourcing - for financial
institutions
- Design, program management & outsourcing of "Transaction Acquiring
Networks" for banking, as well as retail (bill payments & prepaid
top-ups), transaction switching & processing.

Global Vision's revenue model strives to create both initial and recurring revenue streams from a global customer base through mass distribution marketing channels.

Mr. Chang is also a pioneer in the use of magnetic strips on bank cards, electronic funds transfer systems and PC-based in-bank systems.

He has been CEO of payment services corporations and business and marketing strategist for Global 500 banks & corporations.

Mr. Chang is the co-inventor of the ATM machine. For details, please see: http://www.Global-Vision.com/Bio.asp .

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. Global Vision disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions.


--------------------------------------------------------------------------------
Source: Global Vision Holdings, Inc.
 
Posted by ohio_trader on :
 
quote:
Originally posted by Humbleman:
why is the ask price at .0007 ( i'm new ) does this mean if I buy the stock I will have to pay .0007? its only worth .0003. can someone please clarify

---------------------------------

the after hours ask is meaningless, at the close the bid and ask are often spread in the aftermarket to prices that will read adjust before tommorrows opening, but it would be nice to see this make it to .0007 tommorrow a.m.
 
Posted by bobcat88 on :
 
GVHL up 15,000% Chang sold his interest in the comany from what I can tell. This could be HUGE!
 
Posted by shrimant on :
 
Cash Now Appoints Three New Sales Executives
7:04p ET January 29, 2007 (PR NewsWire)

Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems, Internet- based payday loans, and other sub prime financial utility tools, today announced the appointment of three new sales executives. Peter Tate was appointed as Cash Now's new Senior business consultant in charge of new business developments. Mr. Tate will report to the company's CEO, Mr. Winters, directly. Garr Winters, Cash Now's CEO, was instrumental in bringing Mr. Tate aboard. Mr. Winters said, "Peter comes to us with a wealth of knowledge, and experience in the hospitality industry and more importantly his ATM background which could prove monumental to our sales success."

The company confirms that it plans to launch a National marketing campaign for license sales within the next 60 days, on various Internet portals. Mr. Winters added, "All of the ingredients are in place to bring our sales force back to it's "hay days", meaning the days before Cash Now experienced many business interruptions such as the hurricanes in Florida, to name a few, which in turn was reflected in the erosion of our share value. We are under tremendous self imposed pressure to see all of our hard work come to fruition and, as soon as our legal team finalizes the Forex intermediary agreement with our operating broker, our plans are to fire on all cylinders to make all of this happen. In closing, the management believes that we can better our 2005 results with the team and the advisors we currently have in place."
 
Posted by ohio_trader on :
 
we could be the MAJOR beneficiary of a cusip change and/or a reverse merger that could very well set this afire.....stay tuned
 
Posted by efchamp on :
 
It does not look like there are any shares out. Can someone tell me how long it took to get orders filled today?
 
Posted by Rex on :
 
What's the share structure? I'm guessing the OS is greater than the 581 million from 9-30-06.
 
Posted by ohio_trader on :
 
share structure

from strongus's email post earlier:


======This is what the cashnow corporate affairs told me in their email-------------------------------------------------

The "extra" 4 billion shares are all restricted! (they cant trade) so
in total its 5 billion.

out of that 4 billion (50% is in the treasury) for future expansions
purchases etc

we used up the other 50% for financing AGAIN REMAINS RESTRICTED STOCK
and to buy some assets again RESTRICTED STOCK
"
 
Posted by ohio_trader on :
 

 
Posted by ohio_trader on :
 
so it appears to be about 1 billion
 
Posted by doling2005 on :
 
look for .001 by the end of the week...

http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by Romeo on :
 
^^^^^^is that the target by the end of next week?
 
Posted by doling2005 on :
 
yes,,, the reversal has begun..hefty bounce for those in now...
 
Posted by Romeo on :
 
well....I've just started trading like 2 weeks ago and i don't know much about it... so ya thats y i was asking... any additional info would be appreciated.
 
Posted by doling2005 on :
 
just look at the charts and play the bounce.. you're in early here.. enjoy.. I'm looking to get out around .001.
 
Posted by J_U_ICE on :
 
Cash Now Potential Short Squeeze Play

Thomas J. Catino
1/28/2007 10:12 PM EST

http://www.antandsons.com/2007/01/cash-now-potential-short-squeeze-play.html

Cash Now Corp. (OTC: CHNW) finished the trading week on a high note, with a surge of volume that came during the last couple of hours on Friday that moved the stock out of the cellar. The latest sub penny stock to garner some attention has done so in typical fashion, attracting micro cap investors with volume and news. The company, engaging in the manufacturing and distribution of customized payday loan and check cashing software, announced in mid-January that it replaced its CEO and announced the resignation of one of its board of directors. Besides re-hauling its management team, the company has re-tooled its business model by announcing entry into the Forex market. A new web site and sales staff is expected to coincide with the entry into the new market.

Quite possibly overlooked in some of the recent press releases issued by Cash Now is management's concern over the erosion of the stock price. The company plans on looking at ways to increase shareholder value and further specifics should come in a "President's Message" press release to shareholders. Just a hunch, but it probably will involve tackling what the company believes to be is "an organized program to short the stock" that is responsible for the devaluation of Cash Now shares. On October 24 of last year, Cash Now announced that it requested a NOBO (Non-Objecting Beneficial Owner) report. The company also reported that it had an institutional financier in place to help put the company in position to purchase as much as 220 million of its outstanding shares. Oddly enough, the company has never followed up on that news, but with new management in place, you can bet that will be the discussion of an upcoming press release that could ignite shares of Cash Now.
 
Posted by dbric36 on :
 
Looks like this could start running today. Up Up and Away!!
 
Posted by iwannna on :
 
Cash Now Announces E Payment or E Wallet Products With Buy Rates
Tuesday January 30, 7:30 am ET


LAS VEGAS, NV, Jan. 30 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems. Through its www.cashnow.net site the company offers Internet-based payday loans, and other sub prime financial utility tools. The company today announced that it will begin offering "e wallet" prepaid financial service products and services to its licensees as an add on feature to their system. This powerful Electronic Wallet is called the EM2 (Electronic Money Management). Its applications can be set to issue an "Electronic Wallet" to each employee or even for companies involved in Multi Level Marketing.
ADVERTISEMENT


The Solutions Card is a full-function branded brand name Debit Card integrated with the EM2 Electronic Wallet. The Solutions card can be issued to U.S.A. companies' employees and members in the U.S.A. and worldwide, even if they are non-residents of the U.S.A. The EM2 is an Electronic Wallet; designed applications are: Employee payroll, International payout Business-to-Consumer (such as MLM), Business-to-Business and for some enterprises, it can provide Auto-ship charge with no charge-back. Some of the other features include Check writing - EM2 account holder can write checks, and Reloading Globally. Lastly, a consumer or a business can use the EM2 "Electronic Wallet" without the debit card - especially for money transfer and remittance purposes.

Garr Winters, Cash now's CEO, said, "while this product can add several thousand dollars to each Cash Now license system sale, where we see growth of this product is in its ability to offer money transfer and remittance services both domestically and internationally. This product has the ability and functionality to compete directly with those services offered by companies such as Western Union and Moneygram. We are very keen on bringing this product to the marketplace in its full capacity, and are very keen on hearing from other existing money transfer independent operators who are servicing the Central and South American markets with 'traditional' money transfer service providers".

Cash Now Corporation, a pioneer in the Internet payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The $6.56 billion loosely regulated check cashing, payday loan, and money transfer services (serving 35% of the US population) remains a lucrative marketplace. Cash Now develops systems to allow companies to accept the business of consumers with spotty credit records who have been rejected by traditional banks, or the "unbanked" that choose not to maintain checking accounts. Explosive growth has taken place in the young payday advance business in recent months. In addition, many workers in southern California, Texas and other areas wire an estimated $10-12 billion to relatives at home, contributing to a booming business growing 15-20% per year. There are 13,000 check cashing outlets, 14,000 pawn shops, 10,000 payday loan stores and 154,000+ money transfer agents competing for this business today. Many stores/services overlap - providing multiple services at the same site.

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
 
Posted by shrimant on :
 
Rated 1st in buzzcount at thestockhawk -

http://thestockhawk.com/new/index.php?controller=hs&sub=&page=0&limit=20
 
Posted by dbric36 on :
 
Getting alot of attention on alot of boards
 
Posted by dbric36 on :
 
http://www.investorshub.com/boards/board.asp?board_id=6529
 
Posted by bobcat88 on :
 
nice gap..........let it roll
 
Posted by Tre on :
 
Not a member of Ihub dbric36...copy and paste please.
 
Posted by dbric36 on :
 
click the link
 
Posted by Tre on :
 
Thx
 
Posted by Stockstar69 on :
 
quote:
Originally posted by dbric36:
Getting alot of attention on alot of boards

Yes, this seems to be everywhere I look also.
[Eek!]

Can't be bad, right? The more exposure it gets and the more DD that gets done, the more investors the stock will attract.
 
Posted by Tre on :
 
Just bought another 1.75mil...now this can skyrocket! C'mon...we need some volume today to get this moving!
 
Posted by dbric36 on :
 
Lets run baby!!!
 
Posted by Romeo on :
 
im trying to sell some at 0.0005 that i bought for 0.0004.... so i can buy it again at 0.0003 today ... is that the right thing to do or should i wait till it pops up
 
Posted by dbric36 on :
 
If it goes to .0005 chances are you will not be able to get back in at .0003
 
Posted by ohio_trader on :
 
big shake, back to .0004, up 33%
 
Posted by dbric36 on :
 
Getting ready to inch up
 
Posted by welk on :
 
I'm in this one with y'all! Let's rock!
 
Posted by ohio_trader on :
 
welcome aboard welk


IMO

this is a GREAT risk vs. reward play right now
 
Posted by Tre on :
 
This needs to get to .0004 and stay there. Its been bouncing between .0003 and .0004 for the past few days.
 
Posted by welk on :
 
Looks like it will consolidate at 0003/4 for a couple days and then head to 001 maybe.
 
Posted by Romeo on :
 
waiting for it to pop up
 
Posted by dbric36 on :
 
Maybe .001 EOW
 
Posted by chudson on :
 
grabbed some more at .0003 while I still could... "I think I can, I think I can, I think..." said the little engine that could. Lets GO!
 
Posted by pcbboy on :
 
i got in at .0003 also, last sale 11:45:49 for 1,075,700 and then some really huge blocks followed buying. Two of them were for 10mil each. I was playing PAIM until i saw this. Whats going on haven't had much time to research.
 
Posted by dbric36 on :
 
C'mon CASH NOW give us this PR...."To mitigate any potential naked short selling that the shareholders may be suffering, we have accelerated plans to change the Company's name. Accordingly, once we have confirmation from the State of Nevada regarding our name change to blah blah blah, we will file for a ticker symbol change and a new CUSIP number. Technically, this should require brokers to exchange old certificates for new. However, in practice we do not anticipate all brokers will comply with this requirement. We do anticipate that those brokers that do comply will affect some resistance on any shorting strategy that may be impacting the current share price."
 
Posted by Tre on :
 
Ok...so if they change the symbol will it automatically changed on our online accounts? i.e. TD and E-trade?
 
Posted by welk on :
 
THAT would do it, dbric. Good post.
 
Posted by bobcat88 on :
 
Posted by: andyman68
In reply to: None

Just received this email reply from the company, Joe;

Thank you for your e mail

We are NOT selling into the news!

We too are concerned about the erosion. We are doing financing. We do not deny that. That is evident. That's where the $$$ are coming from to do all the things we are buying and developing (Forex eWallet etc..). There are laws as to what we can and can not say and we are hoping to address this issue (financing capital raising etc) with this announcement (we are hoping this week). As soon as we receive approval from our writers / legal advisors that will be issued to the shareholders.

Hope this assists and we are devoted and dedicated to making all of this happen as much as you are

Regards

Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
 
Posted by dalton05 on :
 
I bought this thing this morning at .0003 now it's B/A is .0001/.0002 - i think i might of bought into the hype
 
Posted by chudson on :
 
Could be the scared selling out... lots still trying the .0002s so volume is 4x last half hour
 
Posted by dbric36 on :
 
Fill your pockets while you can. Won't be that low for long
 
Posted by welk on :
 
Easy money imo. Won't be shaken out just before a runup.
 
Posted by McShooter on :
 
Anyone else see the two huge blocks sold around 2:15 (213,222,000 and 141,000,000+)? Things that make you go hmmmmmmmm!!!
 
Posted by iwannna on :
 
yes i did, but what does it mean??? Hmmmmmmmmm!!!!
 
Posted by tmanfromtexas on :
 
Hey thats my line. lol. hmmmm... TMAN...
 
Posted by tmanfromtexas on :
 
this p and d didnt last long. Heck FGFC lasted longer than this. lol. TMAN...
 
Posted by dalton05 on :
 
i have been duped again by these scams.I guess i will never learn until my account hits 0.
 
Posted by dalton05 on :
 
Cash now will be known as Cash gone.
 
Posted by dbric36 on :
 
Only if you sell out. It is still early this week.
 
Posted by Rex on :
 
quote:
Originally posted by dalton05:
Cash now will be known as Cash gone.

Don't be so sure. The Ohio Trader can smell these runners a mile away...
 
Posted by Tre on :
 
This happened the other week. No worries it will bounce back to normal tomorrow. Who knows what they have up there sleeve for this evenings PR. We all need to be patient.
 
Posted by Schwabie on :
 
POST FROM IHUB....

[Eek!]

Posted by: strongus2006
In reply to: None Date:1/30/2007 5:40:44 PM
Post #of 5323

New Email from the company

The IR line is jammed. Im trying to reply to as many with FAQ. Yours is one of the FAQ so I thank you for the email.

We can tell you that we are doing financing. We do not deny that. That is evident. That's where the $$$ are coming from to do all the things we are buying and developing (Forex eWallet etc..).

We are building a company and we hope the next best thing that has hit the small caps.

There are laws as to what we can and can not say and we are hoping to address this issue (financing capital raising etc) with this announcement (we are hoping this week). As soon as we receive approval from our writers / legal advisors that will be issued to the shareholders.


To that end Authorized, 5 billion
Outstanding, 4 billion
Float 2.5 billion
Remaining is restricted (these numbers are approx)

We admit, VFIN was killing us all the way down, and we tried to do all we can to cut them off at the path. It was consuming way too much resources in terms of man power so we refocused our energy on running the company with a long range out look. The financing has capitalized us well and we now have 2 choices being do we fight VFIN (and maybe win if you can define a "win") or do we focus on the company and sales. We choose the later. There is a Presidents message coming out that will address this and in the very near future possibly even this week some of these results and our hard work will start to show.


Hope this assists and we are devoted and dedicated to making all of this happen as much as you are!!


Regards

Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
 
Posted by Schwabie on :
 
POST FROM IHUB....

[Eek!]

Posted by: cargo_hauler
In reply to: strongus2006 who wrote msg# 5289 Date:1/30/2007 6:35:54 PM
Post #of 5320

.<font color=green>CHNW float confirmed 2.5 Billion Shares - yes, the company confirmed it today, read the message I am responding to for complete details. OS shares are 4 billion with 1.5 billion RESTRICTED shares out.

Folks, this is not bad news. It was obvious to most of us traders that the past 2 days trading, with 2 billion shares traded, that more than 1 billion shares were now in the float.

The fact the company is stepping forward and telling us that now establishes credibility for this new CEO and management team, imo. They are being straight with us, admit they did what they have to do to fund the company, and hopefully the worst is over.

Compare it to GZFX - where they have been diluting for years, have over 5 billion shares in the float and are trading at .0015 with a lot less potential, imo, than CHNW...

Also, remember the run last spring of CNES to over .002 with 9 billion shares in the float?

So let's get past this folks, and let the company tell us what they are going to do operations wise for the benefit of the company and shareholders.

GLTA

CH
 
Posted by IMAKEMONEY on :
 
[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Schwabie on :
 
[Big Grin] [Eek!] [Eek!] [Confused] [Confused] [Eek!] [Eek!] [Big Grin]
 
Posted by IMAKEMONEY on :
 
LOL
 
Posted by Romeo on :
 
so what u guys are saying is that company is tricking so we can buy their shares and the prices would stay constant?
 
Posted by dbric36 on :
 
Going up
 
Posted by Tre on :
 
So whats this mean in plain english? I get that they are being honest but...all I really care about at this point is the share price.

quote:
Originally posted by Schwabie:
POST FROM IHUB....

[Eek!]

Posted by: cargo_hauler
In reply to: strongus2006 who wrote msg# 5289 Date:1/30/2007 6:35:54 PM
Post #of 5320

.<font color=green>CHNW float confirmed 2.5 Billion Shares - yes, the company confirmed it today, read the message I am responding to for complete details. OS shares are 4 billion with 1.5 billion RESTRICTED shares out.

Folks, this is not bad news. It was obvious to most of us traders that the past 2 days trading, with 2 billion shares traded, that more than 1 billion shares were now in the float.

The fact the company is stepping forward and telling us that now establishes credibility for this new CEO and management team, imo. They are being straight with us, admit they did what they have to do to fund the company, and hopefully the worst is over.

Compare it to GZFX - where they have been diluting for years, have over 5 billion shares in the float and are trading at .0015 with a lot less potential, imo, than CHNW...

Also, remember the run last spring of CNES to over .002 with 9 billion shares in the float?

So let's get past this folks, and let the company tell us what they are going to do operations wise for the benefit of the company and shareholders.

GLTA

CH


 
Posted by dbric36 on :
 
Should be in the green today
 
Posted by brackep on :
 
http://www.bison1.com/showcase/cashnow.html
 
Posted by littleman on :
 
Question, massive volume today with no price movement. Would this be an indication of mm's holding the price back?
 
Posted by blake on :
 
after yesterday's frenzy, I think we are seeing new blood entering the fray and we should move up again before the week is over...
 
Posted by littleman on :
 
blake, do you have a target price on this stock.
 
Posted by ohio_trader on :
 
disappointed the company could not take the momentum to continue the run, wish i had flipped my .0002's at .0004, today is very similar to Tuesday/Wednesday last week; all buys at .0002, just a few sells....consolidation and profit taking is healthy as long as the company didn't screw us. more news is expected by weeks end, hopefully some news to bump us back up and continue the run up
 
Posted by J_U_ICE on :
 
Cash Now Corporation (Cash Now) Closes A National Licensee Transaction With A Seattle Washington Based Company
LAS VEGAS, Jan. 31 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK), www.cashnow.com (Cash Now), a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software and white or private label back end systems, Internet based payday loans, and other sub prime financial utility tools, announced today, the completion of the national licensee sale transaction for the Seattle Washington area. The licensee a Washington based operator plans on offering services to their clients via the Internet such as online payday loans and other sub prime financial services made available by Cash Now and its vendors.

Cash Now Background

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

SOURCE Cash Now Corporation


Source: PR Newswire (January 31, 2007 - 3:44 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by blake on :
 
quote:
Originally posted by littleman:
blake, do you have a target price on this stock.

I think around .0005 within a month!
 
Posted by bobcat88 on :
 
After it falls back down!
 
Posted by J_U_ICE on :
 
Posted by: allspice
Date:1/31/2007 6:09:43 PM
Post #of 5706

This is an open letter to our shareholders which will hopefully answer allot of your FAQ as well. This is NOT the presidents news release that one will follow as soon as it is ready.

Firstly, thank you for your e mail. Be assured that we too are very disappointed with the size (volume) of the trading and the stock has not moved up a notch. We apologize for the length of this e mail BUT WE VALUE YOU AS A SHAREHOLDER and WE WANT AND NEED to address these concerns and we want to see value return!

Our shareholder structure has been issued for some time now. It is posted here at

http://www.pinksheets.com/quote/company_profile.jsp?symbol=CHNW

It has come to our attention that pink sheets was displaying old info on their site and as recently as yesterday they finally updated it. The info on this ABOVE link is the accurate one. We were also advised that the Nevada site may display old info as well. We inquired with our resident agent and they tell us that the State takes anywhere from a few days to a few months to update their web records.

To answer other FAQ such as "Date: Wed, 31 Jan 2007 08:50:10 -0600
X-OriginalArrivalTime: 31 Jan 2007 14:50:14.0242 (UTC) FILETIME=[1D730420:01C74547]
X-ClamAntiVirus-Scanner: This mail is clean In your PR you state you will spin out GVHL, does this mean you will sell the shell company and will you then disclose the information about this transaction? thanks for your time, shareholder.

Yes we intend to spin out GVHL and recover most of the $$$$ we paid out for it and its key staff. We already have a buyer lined up. The deal is set to close by the end of Feb. Our barristers have learned that there is an issue with GVHL and a shareholder Mr.Smith who has appointed himself as the new CEO and apparently "hijacked" this company. We have retained a lawyer in Nevada to obtain an order in a court for this company. Our barristers feel that we will be successful.

Other FAQ:

The last few days there seems to be a lot of trading activity, although the PPS doesn’t move a lot, at least not the way we would like it. The heavy volume suggests dilution or shorting. Can you say anything about that ? ANSWER: Yes we are getting shorted and KILLED by VFIN. We can not stress that enough! To circumvent that and to manage the process we ordered the NOBO list. We ordered a shareholder list and matched the names across. If we saw that the inquiry came from a NON Shareholder we simply refused to answer any questions. We were puzzled as to where they were getting their information and insight. We thought we had all the angles covered! One of the shareholders invited us to a posting board hes a member of. (Ihub). We were shocked to see that some of the confidential and proprietary information (in other words information that should only be made available to our SHAREHOLDERS AND INVESTORS was posted for all to see. For example the shorts can not stand a reversal. We said we were going to reverse the stock. That made it on Ihub and the very next day the shorts covered. Not only did they cover but we went up to 005 and did 1.1 billion in volume with no IR in place. When about 15 concerned REAL CHNW investors asked if we are reversing we told them the truth. The truth being NO REVERSE. That info instantly made its way on Ihub and we finished off at 0.003 (where we started) The next day we did almost another 1billion and went down to .0002! Now if you look at the INTRADAY trading you will see that these folks (as soon as they covered) went at it again, and they managed to hammer it down to 0.0001 briefly before it rebounded to 0.0003 Nice 66% gain for doing absolutely nothing but driving us into the ground. All they did was play tag team between them 2 market Makers and achieve their goal on all of our expense!

Now we are not saying YOU did this as this letter is being sent to all shareholders with recent inquiry that we belive are legitimate shareholders but this posting hurts us all. How one feels that these postings help their and our cause is beyond our comprehension.


2. To clear out any doubts and misunderstandings it would be wise to PR the current share structure. Are there any intentions make this public? YES SEE http://www.pinksheets.com/quote/company_profile.jsp?symbol=CHNW


3. Is it likely the company will do a Reverse Split in the near future ? Or does the Board Of Directors better like the idea of a continued share buy back ?

ANSWER: No plans for a reverse split. If we do that we need to find backers who will support the stock. At this point we are determined to do whatever needs to be done to see our stock value return to normality. This shorting and tag team is beyond abuse. We are looking to do a 211 and are seeking outside assistance. FYI 15C211 is:

Rule 15C211

Under SEC Rule 15C211, a U.S. securities broker or dealer may not publish a quotation for any security unless certain information concerning the issuer is available and the broker or dealer has a reasonable basis for believing that the information is accurate. The information requirement is satisfied, in simple terms, if:

1) a Securities Act registration statement (F-6, F-1) has been filed within the last 90 days,

2) the issuer is complying with filing requirements and has in its records the issuer's most recent annual report,

4) the issuer is complying with Rule 12g3-2(b),

5) the broker or dealer has on record information relating to the issuer, its securities, its business, products and facilities. Management information, financial statements of the issuer and certain other data must also be on record.

Form 15C211, also known as Form 211, refers to the specific filing form a broker/dealer must provide containing the information necessary to publish a quotation on the company.

4. Is there any plan being formed to deal with short sellers ? Name and CUSIP change ? Dividend ?

Yes all of the options you mentioned PLUS 211 see above.

5. Can you briefly point out the news/events that will be addressed to us in the near future ?

ANSWER: Thats against the law but the obvious ones are presidents message thats being worked on now and Forex as we wrap up these agreements

6. Last but not least I would like to express my disappointments about the fact the company seems to have a problem with releasing PR’s on the right time … I believe, and I know many share this thought, it would benefit us more if PR’s are released between the trading hours, or at least closer to opening … Also it seems the PR ™s aren’t being picked up by some news/investor resources, I don’t know if there’s anything you can do about it, it’s important this is being fixed because the PR’s are missing some effects.

Answer:

There is nothing we can do if some of the traders do not pick up the wire or do not subscribe to all services. We know that Scott trade is one of the non subscribing ones and they miss out but by going to www.otcbb.com and www.pinksheets.com you can pick it up there. These press releases that we issue at 4pm after the market closes are again done for tactical reasons. We are trying to get the shorts to cover. Sometimes it works. It also gives a shareholder the time to maul over the press release and take a time out to see if they should invest more or get out. We do not play games by issuing releases that will drive the stock one way or another. This is a real company with real products. There are real people that work here and people who have invested their live savings into the company. This is NOT a GVHL type company that gets hijacked by a disgruntle shareholder gets bought out for net asset value to name a few. We are using all of our talents and all of our wisdom in running this company. We are confidant that we can turn this around!


On the financing issue. Seems like the financing we did allot of people interpreted as "dilution". If we didn't need financing we wouldn't have gone public in the first place! The company GVHL did no financing other then trade 100 billion shares (or whatever the number may be) never increased the capital and in the end spent several million in R and D that we picked up for a fraction of the cost. GVHLs eWallet and ATM back office and Debit Card is worth its weight in gold. Thats why we are fighting for control of all of these assets and we want them ALL in Cash Now. Then we plan to flip that shell and get our investment $$$ out. You have to remember our interest is in attracting value to our company and our shareholders. These financiers DID NOT hurt the stock nor are they. We were successful in raising a good amount of cash to do these purchases and all of the growth we want to do. You have to remember that every share you buy on the open market not ONE PENNY reaches us. It goes to whomever ones the stock BUT NOT CASH NOW. Thats the way it works. Maybe we did a part of that cash several years ago. Cash Now is the currency you trade and own. To that end I can tell you that Cash Now did not benefit 1% of all this trading and volume in the past few days. Notwithstanding we are refusing further financing and will work with the $$$$$ we raised so far. GVHL purchase is "neutral" as we only paid a deposit and will get a good $$$$$ infusion once we close that deal.

$$$$$$ wise we are OK and our burn rate is quite low. We have steady income flow coming through from sales.

Right now we are exploring various other alternative names as we wish to add other business ventures inside CHNW (or whatever the new name and symbol will be) and we just cant see how by us using this $$$$ we raised and buying into companies with established income flow plus doing a 211 plus a name and Cusip change can not have a strong positive outcome on our stock value!


Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
 
Posted by welk on :
 
Sounds good to me, juice.
 
Posted by Schwabie on :
 
AS TMAN WOULD SAY...

HMMM... SCHWABIE...

[Eek!]
 
Posted by tmanfromtexas on :
 
Can someone explain to me how you can short a pink in the states? And if you could, I mean come on. who in their right mind except Repoman... just kiddin Repo, would short a stock at .0002 or .0003? you cant trade below .0001. I just dont buy the old SHORTS ARE KILLING US scenario. I believe flippers can kill a run. That is how you make money and thats cool. If someone could enlighten me it would be greatly appreciated and I will dance at your next wedding. lol. TMAN...
 
Posted by welk on :
 
Juice, do you see this going to a few pennies?
 
Posted by BooDog on :
 
quote:
Originally posted by tmanfromtexas:
Can someone explain to me how you can short a pink in the states? And if you could, I mean come on. who in their right mind except Repoman... just kiddin Repo, would short a stock at .0002 or .0003? you cant trade below .0001. I just dont buy the old SHORTS ARE KILLING US scenario. I believe flippers can kill a run. That is how you make money and thats cool. If someone could enlighten me it would be greatly appreciated and I will dance at your next wedding. lol. TMAN...

LMAO T-man! I'm huntin for shorts! oh wait - pretty cold outside right now. Might have to wait a bit. Women are all covered up!


Cheers Repo!
 
Posted by tmanfromtexas on :
 
ROTFLMAO!!! I know they arent wearing them here in Chicago. lol. TMAN...
 
Posted by Schwabie on :
 
POST FROM IHUB....

[Eek!]

Posted by: Allinxxl1968
In reply to: kahuna who wrote msg# 5737 Date:2/1/2007 1:58:56 AM
Post #of 5770

GVHL purchase update. I called GVHL and the IR guy there told me CHNW is paying a Nevada lawyer to do a court order to stop the corporate rader. GVHL appears to be looking forward to being taken over by Cash Now. The IR guy at Cash Now was stiffed lipped on the issue saying we do not comment on legal matters but did slip out and say that their lawyers feel its a foormality and that they will do a news release as soon as the Nevada judge issues the order. The both IR's think it is in the bag!
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now Finalizes Intermediary Broker (IB) Agreement Enabling to Begin Offering Forex Services
Thursday February 1, 6:30 am ET


LAS VEGAS, Feb. 1 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through its www.cashnow.net site the company offers Internet-based payday loans and other financial utility tools. The company today announced that late last night it did reach and finalize an agreement with Advanced Markets Inc. (AM) to begin offering IB services. AM is a dealer in a over-the-counter foreign currency spot contracts, and is a non-clearing futures commissions merchant with the Commodity Futures Trading Commission and a member of the National Futures Association, pursuant to the Commodity Exchange Act.
ADVERTISEMENT


Mr. Richard Sciacchetano, a Cash Now advisor on IB Forex entry, explained that this is a win-win scenario for both sides. Cash Now's marketing strategy will be to offer a low cost pass through Forex services for clients looking to do their own trades. AM is the industry leader in low commission fee structure. The 2 companies have agreed on a 50%-50% revenue share split.

In other company news the company acknowledges that it has also reached this week an agreement in principle with a London, UK, based International Forex firm to begin offering Forex services to the clients directly, and to trade with its own funds using the UK based firms back office technology and integrated services. Cash Now was required to provide the UK firm's board of directors a comprehensive business plan and its plan of action. "We are very pleased that we have passed that hurdle and that we can now focus on getting to business" said Mr.Garr Winters, Cash Now's CEO. "We are now looking forward to advancing and implementing both of these companies solutions. We are aiming at having Cash Now being able to offer a full service range of Forex products and services to the clients." Mr.Winters added; "the Forex industry is a regulated one. Now that we have passed the compatibility test, Cash Now intends to immediately begin the process of doing the necessary filings and registrations towards moving to being a full service Forex dealer."

Garr Winters, Cash Now's CEO, said "while this product is highly sought after by many and can add thousands of dollars to our revenue stream, Cash Now remains committed to keep providing payday loan and check cashing license systems. Our plans are to keep offering all the products and services we currently offer and to add Forex as the predominant product on our Cash Now.Com main site. Cash Now ranked in the top 40,000 most visited web site on the Internet by Alexa. This is quite an achievement considering that by some reports there are now over 3 billion web sites on the Internet; although the true number is uncertain. Almost all of the traffic generated on Cash Now is the so called organic one or non "pay per click type"; providing unique visitors and the type of traffic most desirable to a businesses on line. In closing, with this type of traffic generated by Cash Now and this Forex product blended in with our self service and low fee structure, it may possibly have all the makings of being a huge growth vessel for us and our shareholders."

Cash Now Background

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

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
 
Posted by dbric36 on :
 
Dang beat me to it. Should be an interesting day!!
 
Posted by BooDog on :
 
T-man lots of stuff in the General Investing Topics - search short. and in Tex's reference thread WHICH IS AWESOME btw.

starts slide 38
http://www.businessjive.com/nss/darkside.html
plus what I sent you already from the general investing section here.
 
Posted by tmanfromtexas on :
 
Thanks Boo, replied to your IM. As far as the new news is concerned, if that doesnt move this we are deep trouble. TMAN...
 
Posted by ohio_trader on :
 
let this run................


run forest run !
 
Posted by ohio_trader on :
 
large buy volume right out of the gate....


run,run,run
 
Posted by bobcat88 on :
 
Yeah but the B&A stil 01 and 02? what is it gonna take to shake the mm's off?
 
Posted by ohio_trader on :
 
looks like the .0002's are starting to thin out.....


we need another huge PR today or tmrw- reverse merger,cusip/symbol change, cash dividend news
 
Posted by bobcat88 on :
 
The Forex news should have gapped this this am, why no uptick with over 160mil traded with that kind of news? MM's covering I guess.
 
Posted by Tre on :
 
A bit new to this...what do you mean by thinning out?

quote:
Originally posted by ohio_trader:
looks like the .0002's are starting to thin out.....


we need another huge PR today or tmrw- reverse merger,cusip/symbol change, cash dividend news


 
Posted by bobcat88 on :
 
The amount of asks that there are left in the .0002's, once there are no more asks there it will shift up to the next. MM's are the main players on the B&A
 
Posted by Tre on :
 
Ok...so the market makers have a predetermined amount of shares at xxx price. Then the price will go up to xxxx and those shares would purchased...etc?
 
Posted by ohio_trader on :
 
printed .0003 right at close
 
Posted by welk on :
 
How many shares at 0003?
 
Posted by iwannna on :
 
last sale 16:00:05 200,000 at .0003
but ST closed at .0002 current BA is 0001 X 0003
 
Posted by welk on :
 
thanks.
 
Posted by Rex on :
 
NEWS!!!

Cash Now Announces Plans To Launch A Town Hall Forum For Its Shareholders
LAS VEGAS, NV, Feb. 1 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now). Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through it's www.cashnow.net site the company offers Internet-based payday loans and other sub prime financial utility tools. The company today announced that it intends to launch a 'town hall forum' for it's shareholders to enable it's shareholder base to be more informed and more transparent to it's shareholders. The company today retained an IR firm to assist in the creation of the content, and assigned it the first task of reviewing and preparing 'The Presidents Message' which the company prepared in a draft format. The company plans to host a 'chat type' forum and message board, and perhaps a video feed, that will be hosted by the company's CEO and/or other key staff of the company. Garr Winters, Cash Now's CEO, said, 'We felt that this was needed to keep our shareholders advised of all current affairs and we also felt we needed to go outside of our staff resource to be able to provide this type of service and content in a timely and quality fashion. We are also desirous of releasing the Presidents message as soon as possible and we are hoping that the launch of the Town Hall Forum; all of this can be done with the Presidents Message as our first virtual town hall meeting'.

In other company news, the company confirms that it has began to seek an alternate name change to better reflect its new planned addition of the business line; that being a Forex Introductory Broker; together with it's current business product lines that will remain unchanged. The company also plans on requesting a new QUSIP number and a new trading symbol in the very near future. Mr. Winters added, 'Our shareholders have been requesting and asking for this for some time now, and we also see this as the best route as well. The company will make a separate announcement on this topic in the very near future in accordance with the rules.'

Cash Now Background

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

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


Source: PR Newswire (February 1, 2007 - 7:45 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by Schwabie on :
 
HMMMMMMMMMMMMMMM...

[Eek!]

In other company news, the company confirms that it has began to seek an alternate name change to better reflect its new planned addition of the business line; that being a Forex Introductory Broker; together with it's current business product lines that will remain unchanged. The company also plans on requesting a new QUSIP number and a new trading symbol in the very near future. Mr. Winters added, "Our shareholders have been requesting and asking for this for some time now, and we also see this as the best route as well. The company will make a separate announcement on this topic in the very near future in accordance with the rules."
 
Posted by Schwabie on :
 
IHUB POST

[Eek!]

Posted by: Allinxxl1968
In reply to: None Date:2/2/2007 1:10:35 AM
Post #of 6193

Are there any other public FOREX companies so we can compare? I found only this one and this article (symbol ICE)ICE is a monster!!!

http://quotes.nasdaq.com/asp/summaryquote.asp?symbol=ICE%60&selected=ICE%60

I cant for the life of me find another company large cap or small cap in Forex.

http://www.ajc.com/business/content/printedition/2007/01/28/sbizice0128a.html

This is interesting:

high of $138.54 on Jan. 11, just 14 months after its initial public offering at $26 per share —- a 433 percent advance.

If Cash Now can just do a fraction of that at .0002 theres lots of room to go UP!!!
 
Posted by brackep on :
 
Cash Now Announces Plans To Launch A Test Forex Site
Friday February 2, 6:00 am ET


LAS VEGAS, Feb. 2 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, is a public company engaged in the design, manufacture, marketing and distribution of customized Internet based payday loan and check cashing software and private label back end office systems, and in the developmental stage of a FOREX Introducing Broker (IB) platform, today announced that it plans to launch a test site (BETA) for the FOREX IB product range by February 28, 2007. The company has set a self-imposed deadline of early second quarter (Q2) to launch the fully functional FOREX site, and start generating revenues. The company plans on releasing the test url to qualified beta testers. The company has also indicated its desire to share the test url in the soon to be launched Virtual Town Hall. "Functionality, and user friendly features are paramount to any online type service providers and Cash Now is no different," added Mr. Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product.
ADVERTISEMENT


The company sees this as an opportunity to not only enhance the product's look, functionality and feel but also as an interactive way to kickstart the FOREX launch. The company confirms that Kevin Price, Cash Now's previous CEO, has started the process of obtaining and filing the necessary documentation to obtain clearances and approvals from the FOREX regulatory agencies to enable Cash Now towards becoming a full service FOREX trader. Mr. Price, who was employed in the past with other investment brokerage agencies, was a natural fit for the new FOREX trade position with Cash Now.

In other company news, the company has began migrating and reprogramming the Trust Vault payday advance back office that runs the Cash Now sub prime. Mr. Garr Winters, Cash Now's CEO said, "This is a delicate process as the Cash Now site is filled with many interactive landing pages. We are being extra careful in so far as making sure no compromises are made and that the FOREX addition does not disrupt our now existing core business and sales. The first quarter of 2007 is shaping out to be quite promising for our license sale division. Cash Now does not issue revenue guidance; however, this is something that we may also revisit in the near future, as the company thrives towards becoming more and more transparent to its shareholders."

Cash Now Background

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 Internet model. The company's proven business model includes licensing to corporately operate locations across the U.S., Canada, and Australia. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express, and the industry first real time booking engine.

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
 
Posted by iwannna on :
 
Great news!
 
Posted by bobcat88 on :
 
Man, I sure hope all this news this past week just wasnt a PR wave to flood the market with more shares. WAY too much volume to not have any change in price. I'm in big, but dont want to be stuck putting these bags over in the corner of my room with the past bags that have burned me.
 
Posted by Tre on :
 
This is great news...if this thing does anything near what ICE did then I think this will be the life changer of the century for those lucky enough get in on the ground floor!
 
Posted by RWGATORBLUE on :
 
What the heck I'm in for 1mil *.0003. Call me dangerous. [Razz]
 
Posted by welk on :
 
Welcome aboard, danger dog!
 
Posted by RWGATORBLUE on :
 
Has good volume. Now lets see if the MMs let it run.
 
Posted by Romeo on :
 
i am new.... I've purchased 3.1Mil at .0004 .. how stupid.... i could have gotten at .0001 ..well it happens when ur new...now let see how high this thing will go.
 
Posted by welk on :
 
0003s today. Monday 0004s I hope.
 
Posted by dacollecter on :
 
quote:
Originally posted by Romeo:
i am new.... I've purchased 3.1Mil at .0004 .. how stupid.... i could have gotten at .0001 ..well it happens when ur new...now let see how high this thing will go.

only like one or two people bought at .0001. It was almost impossible.
 
Posted by Schwabie on :
 
POST FROM IHUB...

NICE READ.

[Eek!]

Posted by: stervc
In reply to: None Date:2/3/2007 5:18:24 AM
Post #of 6496

Concerning the CUSIP# Change...

I called the CUSIP Service Bureau at 212-438-6565 and spoke to a few people. The last guy I spoke to was a guy by the name of Vinnie. I am trying to get back into the swing of things with investing/trading so please verify anything I post for your own acceptance now and forever. The above phone number I got from the link below:

http://www.cusip.com/

Vinnie informed me that a CUSIP change "usually" comes with a name change, but not always. He stated that a name change will "always" come with a CUSIP# change though. He told me that the “name change” and the “CUSIP# change” starts with the company's Transfer Agent (TA) coordinating electronically with the CUSIP Service Bureau by linking the company’s name and address. Then the CUSIP Service Bureau Coordinates with the Depository Trust Company (DTC).

The DTC will serve as the overseer to coordinate with whomever as deemed necessary. Sometimes the TA will coordinate with the DTC too for certain confirmations or transactions as deemed necessary. The DTC makes sure there is proper share accountability for proper dissemination into our brokerage accounts. This is all done electronically.

After the company/TA receives their new CUSIP# from the CUSIP Service Bureau, the company/TA (& legal team) then coordinates with the NASDAQ and SEC for the already coordinated amount of shares as the new inventory. The company/TA will then coordinate with the DTC to confirm the amount of shares and other key info.

After accountability is confirmed by the DTC, the DTC then authorizes the brokerage companies to change all old CUSIP numbers to the new CUSIP numbers electronically within our brokerage accounts. A CUSIP# change is not enough from what most believe throughout the investing/trading community to force a covering of a naked shorted position in my opinion.

Personally, I think some companies don’t fully understand why it is important to do a “name change” and “CUSIP# change” if you are trying to force a covering of a naked shorted company. A ticker change wouldn’t hurt either although the guy informed me that he is not knowledgeable about ticker changes as that coordination goes through the NASDAQ and SEC with the company’s legal team.

Vinnie, from the CUSIP Service Bureau, explained it to me as when stock 1234 changes its name and CUSP# to stock 5678, the shares of stock 5678 are given to them electronically by the TA to replace stock 1234. This is the key transaction. If only a CUSIP# change transpires then a lesser type of accountability takes place. The name change matching the address of the company is what actually forces an exchange of the "old inventory" of shares to the "new inventory" of shares. Without the name change, there is NOT a “movement of shares” from the TA that takes place.

Only one phase of the accountability process is required to take place to verify accountability when only a CUSIP# change transpires because of the lack of not having a creation of the "new inventory" of shares by the company/TA. Therefore no movement of shares takes place. This is a simple misunderstanding by many companies, but if not considered, it could be the difference for any type of forced covering of any naked shorted positions.

If there is NO DILUTION, a covering of the naked shorted positions should take place due to what's revealed during the accountability process between the DTC after getting the “new inventory” of shares from the CUSIP Service Bureau if there is not only a CUSIP# change, but a name change too.

Because of the CUSIP# change, the MMs will be required to account for each of the old shares with the new shares. Because of the name change, it’s important because it forces the DTC to play a more finite role by not only accounting for the old shares to equal the new shares electronically, but forces them to match a “new inventory” of shares that have been given to them from the CUSIP Service Bureau as the new official/approved inventory by way of the shares given from the company/TA.

Hopefully this information helps investors/traders to have a better understand as to the importance of not just a CUSIP# change, but a name change too.

v/r
Sterling
 
Posted by Tre on :
 
Well it looks like we are going to have a test site for the Forex market. No one is really posting here anymore huh...I think the late February date for the new test site and the implementation of the live site is going to generate great revenue for the company! Hopefully the MM's will finally recognize this comapany and let it run and let everyone have a fun weekend in vegas together. Lets get some more talking about this thing...volume has been lagging the past few days.
 
Posted by Stockstar69 on :
 
I had some good hope for this stock when I first got in it. Has anything really changed?
 
Posted by Tre on :
 
No I dont think much has changed. If anything things are going to start growing. We just got in early and are now playing the waiting game.
 
Posted by littleman on :
 
Tre, how long do you think it will take for this stock to take off?
 
Posted by Tre on :
 
I am thinking in about a month or so. Once the Test forex site goes live and they start generating revenues I think this will sky rocket. There is an earlier post that shows a Forex company that is publicly traded that is currently trading around the $130's. If this thing gets even to a 10 or 20 cents a share we all can celebrate...If the revenues are big enough and this gets anywhere near the 5 or 10 dollar mark...we just hit the lottery. We should be hearing more from them soon. It seems the new ceo like to post info about the company.
 
Posted by Michwlv on :
 
quote:
Originally posted by Tre:
I am thinking in about a month or so. Once the Test forex site goes live and they start generating revenues I think this will sky rocket. There is an earlier post that shows a Forex company that is publicly traded that is currently trading around the $130's. If this thing gets even to a 10 or 20 cents a share we all can celebrate...If the revenues are big enough and this gets anywhere near the 5 or 10 dollar mark...we just hit the lottery. We should be hearing more from them soon. It seems the new ceo like to post info about the company.

Per IHUB board a PR is due out from President this week. I'm in long at .0002 hoping to see .01 someday!
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now (CHNW) Begins Search For A Full Service Forex Broker - Dealer Firm
Thursday February 8, 5:00 am ET


LAS VEGAS, NV, Feb. 8 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the operation and licensing of a comprehensive suite of Internet based payday loan and check cashing software and private label back end office systems.
ADVERTISEMENT


Additionally, the Company is in the late developmental stage of offering an innovative Retail Forex trading platform through a previously announced Introducing Broker (IB) agreement with Advanced Markets, Inc.

The company today announced that it has retained an agent to assist in locating a suitable full service broker dealer agency for acquisition, together with various posted listings of "businesses wanted" sections on various Internet based business directories. This will allow the Company to bring these important capabilities in-house and provide greater vertical integration to maximize revenue streams from this high growth opportunity.

Mr. Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product advised that "Cash Now is currently on track to complete the test site of the FOREX Introductory Broker site by the end of February 2007. Our webmasters are hard at work completing this task, and we expect to be in receipt of the good source codes from our supporting broker dealer firm that will link the Cash Now Forex site into the firms secure back office, that will service the clients FOREX needs."

Cash Now Background

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 Internet model. The company's proven business model includes licensing to corporately operated locations across the U.S., Canada, and Australia. Additionally, the company is in the developmental stage of a FOREX Introducing Broker (IB) platform. Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express, and the industry first real time booking engine. The company plans to continue offering both of the FOREX and the sub prime product lines simultaneously.

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
 
Posted by Tre on :
 
Now that is the kind of news that we need! I think this is going to be a big gainerby the summer! Wasn't there one of these last year that everyone made a ton of money on?
 
Posted by paulbest on :
 
"by summer"
lol
until that time its a ....
 
Posted by fryyguyy on :
 
Great news!!!! New Management is really working hard for us.
 
Posted by Tre on :
 
Think what you want...how many shares do you own?...Just trying to optomistic.

quote:
Originally posted by paulbest:
"by summer"
lol
until that time its a ....


 
Posted by Tre on :
 
I agree! I think will end up a monster in a few months once they start reporting huge profits from this site. Hopefully the marketing team will be able to get customers to the site.

quote:
Originally posted by fryyguyy:
Great news!!!! New Management is really working hard for us.


 
Posted by shrimant on :
 
Despite the news, looks like today also its closing at .0003
 
Posted by Tre on :
 
Yep. This has been bouncing for the past week between .0002 and .0003. What do you think its going to take to get it up to .0004 and beyond. I mean have had good news a lot lately and nothing has moved this thing. I guess we need to see actual dollars and cents to get this to move.
 
Posted by JerZeyDeViL on :
 
Here's a post from a respected poster over at IH:

Posted by: strongus2006
In reply to: rigmedic who wrote msg# 7328 Date:2/9/2007 12:01:02 AM

CHNW : Great news on short position!! I took up ********** subscription and ran the SHORT POSITION report for CHNW..The short volume for Jan ALONE is above 300 million shares..For Feb it is already above 108 million shares..I don't want to put out the whole report coz I may run into trouble... "


It seems hes a pretty reliable and honest guy. I know some people don't believe all that ********** stuff....but most people, including myself, believe this stock has been heavily shorted and if that short report is even remotely accurate, then bigger things are coming then I orignally thought
 
Posted by JerZeyDeViL on :
 
opps...forgot i couldn't put the site, buyins, hehe
 
Posted by PCola77 on :
 
Okay guys, I just have to chime in here because I think there are some crazy thoughts going on on this thread.

1) buy ins . net is full of it. Think about it. Any stock you'll ever put in there has anumber of shares shorted for recnt and current months, but I've never seen one where the number of shares shorted was negative. So that means one of two thing. Eitehr they're saying that no stock ever has a SINGLE MONTH where more shorts were covered than created, or it's a cumulative number, not an additive one.

2) Even if there is this 300,000,000 short position, that's like $100,000. They could cover that in one day, and I'm willing to bet that the price STILL wouldn't go above the .0003/.0004 range that it's in now.

3) What would make them cover anyway, even if there WAS a huge short? The cusip/name change thing is false. Look at how many companies have changed names and CUSIP numbers that didn't do anythign to share price. Just think about it logically. Why would they cover? They'd just be short the new company instead of the old one.

4) Do any of you know what a forex introductory broker is? How much revenue is this anticipated to bring them?

5) Cashnow is a payday loan and check cashing service. In other words, they're one of those shady stores that you see in cities that loan like $500 to people and charge 1000%+ annual interest. And yet suddenyl they're going to be getting huge revenue streams from Forex trading?

6) The comparison to ICE is nonsensical. Go to their website to read about them: https://www.theice.com/businesses.jhtml
Then tell me how a check cashing company is going to suddenly compete with them if they were trying to.

7) They're not trying to compete with Ice. Read this link on Introductory Brokers: http://*************.com/?Introductory-Forex-Brokers&id=353193 Sounds to me like it could be a few different things. It could be a "middle man" that gets clients to full service brokers. It could be a platform for Forex traders. It is certainly not like ICE, which seems to be more like a market maker than a broker.

Hopefully I didn't come off as too cranky, but it's late and I'm exhausted. I just felt like people were getting WAY to carried away with this, talking about .10 or .20 cents. Too many newbies read that stuff and think, "Man, if it only gets like 10% of that, that's still like 5000% gain from here, it's a no brainer!"

Just remember, it's a pink sheet company for a reason, and it's trading at .0003 for a reason.

Play the momentum if it comes, but holding this long term with the hopes that this is going to penny-land is just BEGGING to be a bagholder who ends up selling at .0001, or worse, later.

As a caveat, like I said, I'm exhausted right now, so it's not out of the realm of possibility that I made some mistakes in my post, so feel free to point them out to me if you so desire. I'll admit if I screwed somethign up.

G'night, and good luck.
 
Posted by tmanfromtexas on :
 
Good post Pcola. I am in this and I believe this is a momo play, imo. TMAN...
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now (CHNW) CEO Garr Winters Interviewed by WallSt.Net Reporter
Friday February 9, 5:00 am ET


LAS VEGAS, Feb. 9 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check-cashing software and private label back end office systems. Additionally, the Company is in the late developmental stage of offering an innovative Retail Forex trading platform.
ADVERTISEMENT


The company today announced that its CEO Garr Winters was interviewed by a WallSt.Net Reporter, yesterday late afternoon. Mr. Winters said, "We're moving forward very quickly entering the Forex trading space, with a novel approach designed to meet the needs of the mid-market traders. These traders don't need to be coached on how to trade. They simply want the best deal on their trades, executed in real time and without slippage. The interview with WallSt.net should be very helpful explaining this innovative approach to our shareholders, and those who are following our stock." The full interview will be posted on the WallSt.net web site. The company has also requested a copy of the interview in digital format as well which it hopes to profile in its own Virtual Town Hall forum, currently under development.

Cash Now Background

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 Internet model. The company's proven business model includes licensing to corporately operate locations across the U.S., Canada, and Australia. Additionally, the company is in the developmental stage of a FOREX Introducing Broker (IB) platform. Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express, and the industry first real time booking engine. The company plans to continue offering both of the FOREX and the sub prime product lines simultaneously.

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
 
Posted by fryyguyy on :
 
A informative interview from a seaseoned manager.
 
Posted by fryyguyy on :
 
I hope we get a little piece of this.

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The trade happening in the forex markets across the globe currently exceeds $1.9 trillion/day (on average). Retail traders (individuals) are currently a very small part of this market and may only participate indirectly through brokers or banks and may be targets of forex scams.

According to David Krutz from the Financial Times website (Published: October 9 2006 20:48) "The foreign exchange market will have doubled in size in just three years next year, thanks to increased participation by fund managers and pension funds, says research out on Monday". TowerGroup, a financial services research consultancy, said it expected total global average daily volumes on the FX market to exceed $3,000bn in 2007. FX volumes, which rose from $1,770bn in 2004 to $2,000bn in 2005, were set to rise to $2,600bn in 2006 and $3,600bn for 2007, as foreign exchange became accepted as an asset class in its own right according to TowerGroup.
 
Posted by Tre on :
 
Just a fraction of this would make a world of difference.
 
Posted by bobcat88 on :
 
cashnowcorp*cashnow.com wrote:

I think that the interview will be posted on their site soon. I do have in point form what he said or the message he way trying to convey if that helps you. I have no problem sending you that as thats already out. I dont know if he used all of the points or some and in what order he used it. Hope this answers your questions?

POINT 1.
Cash Now, is currently active in the Payday Loan Business. The Company has developed a comprehensive suite of Internet based payday loan and check cashing software and private label back end office systems. 2 broad revenue streams from ongoing operations include:
1. licensing of its software to franchisees
2. Direct lending on line.
However, the current thrust of our business is the introduction of a retail Forex Trading platform.
This is a very exciting opportunity. We have established a strategic relationship with a partner that provides true pass-through trades, without any manipulation or slippage common to the industry. Trades will be executed at the true InterBank rates. Our clients will benefit from the ability to trade directly on a US Bank feed. There is no trading desk. Our clients will benefit from a true 2-3 PIP spread on all major currency pairs.
What’s interesting, is that we are not targeting novice Forex traders in the fashion of our competitors. Our trading platform was designed to meet the needs of organizations that trade in excess of $100 million. We are now making that technology available to mid-market active Forex Traders.
We believe we will benefit from the advantages of being a first mover into the mid-market retail Forex trader will position us to leapfrog the market and attract the most active traders – generating significantly higher average trading activities per client.

Point 2

We are not currently looking for any additional financing.

Point 3:
The short answer to your question is the prospects for growth are geometric.
The Forex market trades in the range of $2 trillion dollars daily. Roughly 2% of that is represented by retail traders.
The Financial Times website an article last Fall noting that "The foreign exchange market will have doubled in size in just three years next year, thanks to increased participation by fund managers and pension funds ".
It expected total global average daily volumes on the FX market to exceed $3,000bn in 2007.
We anticipate that the retail Forex trade market is about to undergo the same type of growth curve as internet stock trading when it was first introduced. We can see an opportunity for the retail market to grow to 5% from 2%.
As in Internet stock trading, as traders become more comfortable with the service, they will become more demanding. It is that experienced trader that we are targeting.
As we move forward as a Company, we will continue to develop opportunities that have our core 3 features for participation:
• Financial Services
• Consumer facing either directly or through intermediaries
• Internet delivered
There are some other key opportunities in areas that fit these criteria. However, in the short term, we have our work cut out for us developing the Forex services platform.
Point 4:

We are old school in our management style. We have built a team of experienced, well-seasoned professionals in Finance, Legal, Marketing & Sales. These are people that have lived through all stages of Company growth. They’ve seen mistakes made, and have made some themselves. We are not keen on cutting edge management theory, exotic business deal structures etc.. We take a very fundamental approach to management, and have faith that the business model is very sound. We are focused on execution – particularly in regards to the Forex products. We just need to make sure we don’t screw up.

Point 5:

Undoubtedly, its our trading platform and fee structure. We don’t intend to be greedy, and misrepresent things to our client traders. We’ll take a smaller piece of a larger pie. By offering direct access to Bank feeds, our clients are assured they are getting true value. That will build long-term loyalty.

We’ll let other competitors train ‘newbies’ to the Forex market. When they know what they are doing, and can ask the hard questions re: value received per trade, they will migrate to our platform.


Point 6:

First and foremost, we aim to get our Beta Forex site up. We want that out by the endo of the month.

Obviously, are corporate name will need to be adjusted to reflect the broaders financial services offerings. You can anticipate a name change and new trading symbol at some point in the neat term.

Importantly, the stock has been the target of short selling. The name change will force these short traders to cover their positions, and we may see a short squeeze play out.

Once the Forex platform has been proven, we’ll go fully operational and start a marketing campaign to build trading volume.

In addition, we anticipate that we may close an additional deal to continue horizontal integration within the financial services sector while building on our core values and competencies.
• Financial Services
• Customer Facing
• Internet delivered

Point 7:

We are fully committed to providing our shareholders a great return on their money. Our Forex services represent excellent growth potential.

Addressing the short selling of our stock is also a key priority. We believe that the shorts will clear once the Forex platform goes live. It will become too risky to short the stock given the fundamental value being created by the Company.
 
Posted by bobcat88 on :
 
Press Release Source: Cash Now Corporation


Garr Winters Cash Now Corporation (CHNW) CEO Open Letter To its Shareholders And An Update On Cash Now Business Developments
Friday February 9, 6:28 pm ET


LAS VEGAS, NV, Feb. 9 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), CEO Garr Winters comments on recent and upcoming achievements for Cash Now Corporation. I would like to take this opportunity to update all of our shareholders and those following our stock with this long overdue "President's Message." It's been an exciting few weeks since I took on the position of CEO. As there has been a lot of news announced recently, and our business plans continue to roll-out, I wanted to take the opportunity to step back and discuss our achievements as well as business opportunities moving forward.
ADVERTISEMENT


Continuing Operations:

As many of our shareholders are aware, we are continuing to make good progress within the Payday Loan business aggregation industry. This is after having our active operations virtually suspended, or shall I say on "life support system" between August 2005 and July 2006. This suspension was primarily due to the severe hurricane related damage to our Florida offices, and constant business interruptions that followed. This was compounded by the fact that we had just started closing our Toronto Canada head office and started migrating the whole infrastructure and operations to Florida.

Luckily, we are nothing if not resilient. For example, our staff and contractors had to work from home and in remote offices in Canada. I am proud that the team all pulled together to regroup and to reinstate Cash Now and get it back to full operational status.

I can safely say that our infrastructure, Internet operations, management and key staff are at back at full bench strength. I know this from personal experience, having started with the company as a sales consultant many years ago. On my journey to becoming CEO, I have been responsible for nearly every aspect of Company operations at one point or another. Most people that I consider good friends and colleagues tell me that Cash Now is my complete passion. I would have to say that this assertion is not too far from the truth.

Moving forward, and now that this interruption is behind us, our focus in this industry will continue to emphasize licensing of our comprehensive suite of sub-prime financial services software products. Over the years, we have developed a comprehensive and sophisticated set of Internet based services. With the bulk of R&D complete, our burn rate is low, and incremental revenue beyond the break even point of fixed costs generates very attractive gross margins.

What's Next :

Our immediate plans are to sell off our "non core" business models that encompassed Cash Now. We are hoping that the sale of these assets will further enhance our capitalization without the need to secure additional financing through debt or otherwise.

In the very near future, we are planning on launching our retail Forex trading service.

Management believes that Forex trading offers geometric growth potential. The Forex market offers huge potential. According to International Financial Services, London, the average daily global turnover in traditional foreign exchange market transactions totaled $2.7 trillion in April. Foreign exchange trading increased by 37% between April 2005 and April 2006 and has more than doubled since 2001. It is estimated that retail trades represent only 2% of the total market.

We have previously announced the establishment of an introductory broker agreement with Advanced Markets. Based on this, we are coming to market with an innovative new approach aimed at the seasoned day trader. Just this week, Mr.Richard Schacchatano, our Forex Development Manager, began the search for a full service Forex Broker Dealer agency. His efforts and our ambitions to enter the Forex market have began producing opportunities for new strategic partnerships and business relationships.

Cash Now is positioning itself quite uniquely, and perhaps to some degree with an innovative approach that has not been explored before by traditional retail Forex marketers.

We are not looking to grow the market by attracting new participants, a common approach of most Internet-based trading platforms. Our target market is experienced Forex traders who want the absolute best deal available. They don't need educational tools. They want a 2 pip spread that really is a 2 pip spread. The traders want transparency, immediate transactions, and a live feed directly off the Electronics Banking System.

How are we different than our competitors? The advertising claims may sounds similar, but, like an iceberg, 90% of the story is beneath the surface. It is fair to say that Cash Now has always challenged the conventional way of thinking and the conventional wisdom. I will try to explain how our approach will yield long term results, with a defensible position against competitors.

Essentially, the spread quoted on virtually all retail trading platforms, is not a direct feed from the Interbank Quote. Brokers are regulated by FCM as a "market maker." As such, they are required to post both bid and sell prices. However, because they make the market, they get to establish the final buy and sale quotes on their retail trading platforms.

Simply put, they are not required to quote the current "exact" Interbank rate at the time a trade is placed, and often trail the Interbank market. Thus, it may appear that traders are receiving a 2 pip spread, while in reality, it may be significantly larger.

We have found that experienced traders eventually pay for their own live feeds on the Forex, and eventually figure out that pips are somehow disappearing in their trading.

This is our target market!

With our IB relationship, we will offer true "straight pass-through Forex dealing." No slippage or skuing, and no dealing desk. Our clients will be hooked up directly to a platform originally designed for institutional traders with $100 million plus positions. There is no intermediary retail platform, and no capability to manipulate the quoted bid/ask.

We feel strongly, and conventional wisdom concurs, that Cash Now will attract serious day traders, who are actively trading large positions. They will be charged an honest 2-3 pips depending on the currency pair, directly off the Interbank rate. They will also pay a small transaction fee for each trade. As the word spreads through the industry of the services offered by Cash Now and its affiliates and as our advertising budget and revenue stream increase, we feel confident that our client base will grow organically.

In summary, we see parallels in retail Forex market development similar to the growth of discount stock trading. It will continue to grow geometrically. Active traders will demand the lowest price options, and will find them.

We intend to leapfrog the market, and offer seasoned traders a true discount service.


This is the Cash Now vision.

Timing:

Our goal is to have our Forex Beta site up and running by the end of February. Full live trading services are targeted to be live early in the second quarter.

Corporate Vision:

We believe that we have vital core competencies in Internet delivered financial services to a consumer market. As such, we will look for additional business opportunities that have the following attributes:


- Consumer facing
- Financial Services
- Internet delivered

We are exploring some longer term product opportunities that we have identified during the last few months. These are in line with our corporate mandate, and represent additional opportunities to offer horizontal expansion of our product/service portfolio.

We will also be actively exploring vertical integration opportunities within our new Forex financial service offerings. Our roots are in the Internet and franchising. One possible revenue stream that we are seriously exploring is the idea of offering the Cash Now model as a franchise or an Agency type relationship. This could add more revenue and more clients to our system.

These opportunities will continue to be explored, however, our short term focus is squarely on developing our Forex trading platform.

Corporate Activity:

We are striving to provide our shareholders with value to the best of our abilities. This has been hampered recently, in our opinion, by aggressive short trading.

Additionally, the Cash Now name that has served us so well in the past, is no longer an adequate description of our corporate activities. It is our intent to register a new corporate name, trading symbol and CUSIP Number. We have conducted a thoroughly exhaustive name search and have chosen the one that we feel will accurately describe our business activities and the model. We have instructed our advisors and our agents to begin the process of registering Esprit Financial Group Inc as our new name. This will more accurately reflect our business activities moving forward.

For those shareholders wondering about financing, I can advise you that we are not currently seeking additional funding to support our Forex launch. We believe our capital position is adequate to bring this new division into full operation.

Importantly, these actions, when taken together, will force short sellers to close off their positions against the Company, and reduce the downward drag on our stock price in the recent past.

With the launch of our new Forex product, we believe short sellers will have to move to the sidelines. Simply put, we have a strong belief that our Forex business will add very significant value to the Company, and will drive aggressive growth moving forward. Shorting our stock will carry a significantly greater risk.

I will continue to strive to ensure our corporate activities are as transparent as possible, and continue to issue news as the Company moves forward with our Forex launch and other activities.

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

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.
 
Posted by dacollecter on :
 
looking good!
 
Posted by brackep on :
 
looking very good!
I believe we have some interesting months ahead of us ...
 
Posted by fryyguyy on :
 
I absolutely love the transparency of this company and new management so far.
 
Posted by JerZeyDeViL on :
 
Big news....let's hope it jumpstarts us for this week!
 
Posted by dacollecter on :
 
Looking really good, only 1 mm left at .0003 with a small 1 size order.
 
Posted by shrimant on :
 
Per TDA, current B/A Size 100 x 1

isnt that a good sign?
 
Posted by Stockstar69 on :
 
Very strange, no activity, but then again the whole market is down.
 
Posted by brackep on :
 
financials are out:

http://www.pinksheets.com/quote/finance.jsp?symbol=CHNW
 
Posted by madmoney on :
 
4.3 billion shares out, net LOSS of 254? thousand dollars! [Eek!] [Eek!] [Eek!]
 
Posted by JerZeyDeViL on :
 
Nice! A pinky that's reporting....always a good thing! Especially with the things this company is trying to accomplish! Rumor is there is a big buyer that was waiting for the financials...so we shall see!
 
Posted by doubleS on :
 
Posted by: Allinxxl1968
In reply to: buyatbid who wrote msg# 8223 Date:2/13/2007 4:50:29 PM
Post #of 8232

They say 3 seperate IR's over the next 6-8 weeks that should bring in huge volume and increase value. I got this from their statements:

During the same quarter the company also repurchased all of the ATM and IFGX stock and returned the stock to its treasury. Stock was also issued in the quarter to retire debt and to recapitalize operations. Many exciting initiatives where announced during the quarter that give Cash Now Corporation a bright future. See www.pinksheets.com Click on Financials tab
 
Posted by madmoney on :
 
quote:
Originally posted by JerZeyDeViL:
Nice! A pinky that's reporting....always a good thing! Especially with the things this company is trying to accomplish! Rumor is there is a big buyer that was waiting for the financials...so we shall see!

they dont report, these financials are un-audited. they filed FORM 15


CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF

THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER

SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
 
Posted by JerZeyDeViL on :
 
They're also buying back shares....supposedly they've bought back about 1 billion...but won't be satisfied with that until I see it in writing
 
Posted by JerZeyDeViL on :
 
Yeah but for a stock trading at .0003, its still nice to see IMO. Most companies trading at this level stay silent or don't even exist really....this new CEO is doing everything in his power to turn this company and stock around. I know ALOT of people think this ones a scam, but I just don't believe that due to all the postitives they are achieving....they just have WAY TOO MUCH going for them to be trading at this levels. The manipulation has to end sooner or later and my guess is we'll be seeing a nice bounce very soon!
 
Posted by madmoney on :
 
they will R/S soon. IMO!
 
Posted by JerZeyDeViL on :
 
I highly doubt that one
 
Posted by fryyguyy on :
 
madmoney,

Keep you IMO to yourself. you have posted three times on this board with nothing to back it up. This company is the most trasparent company on the pinks at this price level. If they do what they are saying, which they have so far, this will be a great stock for this year.
 
Posted by dacollecter on :
 
quote:
Originally posted by madmoney:
they will R/S soon. IMO!

Whenever a sub penny gets others interest, someone always has to be shouting R/S. Then they are wrong 80% of the time.
 
Posted by Schwabie on :
 
NOTHING NEW TO REPORT IN THE NEWS... AKA FLUFF !

[Eek!]


Press Release Source: Cash Now Corporation


Cash Now (CHNW) Posts 4th Q Results and Announces BoonMarket.com Profile Launch
Wednesday February 14, 5:00 am ET


TORONTO, Feb. 14 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through its www.cashnow.net site the company offers Internet-based payday loans and other financial utility tools.
ADVERTISEMENT


Cash Now today posted its fourth quarter results along with its Annual Report to the market and are pleased to announce that considering all of the acquisitions and new product launches that have been achieved by the company in this past year to only post a loss of $328,884 is extremely encouraging. Revenues are recovering and the anticipated exposure to the Forex market through our 50/50 revenue split agreement with Advanced Markets Inc. (AM) to begin offering IB services, the next year looks particularly profitable. AM is a dealer in a over-the-counter foreign currency spot contracts, and is a non-clearing futures commissions merchant with the Commodity Futures Trading Commission and a member of the National Futures Association, pursuant to the Commodity Exchange Act.

Mr. Garr Winters, Cash Now's CEO, explained that this opportunity is a major boost for the company to compliment our renewed focus on our ATM business, as well as Cash Now Cards with the previously announced e wallet. Considering the funds expending on Forex development and the share buyback, this is a great result. Winters said, "while this Forex product is highly sought after by many and can add thousands of dollars to our revenue stream, Cash Now remains committed to keep providing payday loan and check cashing license systems. Our plans are to keep offering all the products and services we currently offer and to add Forex as the predominant product on our www.cashnow.com main site. Cash Now ranked in the top 40,000 most visited web sites on the Internet by Alexa. This is quite an achievement considering that by some reports there are now over 55,000 million web sites on the Internet; although the true number is uncertain. Almost all of the traffic generated on Cash Now is the so called organic one or non "pay per click type"; providing unique visitors and the type of traffic most desirable to a businesses on line. In closing, with this type of traffic generated by Cash Now and this Forex product blended in with our self service and low fee structure, it may possibly have all the makings of being a huge growth vessel for us and our shareholders."

Further to this, the procuring of Mr Jack Chang,s services, including his expertise in the ATM and debit card market is a major bonus for the company. The continued growth in Australia (www.cashnowau.com) for these new products, as well as in Asia, are a burgeoning market for the Cash Now system. In other company news the company announced that BoonMarket.com plans a profile launch of Cash Now Corp.

BoonMarket.com is a SANTA BARBARA, CA based IR firm. In-depth analysis of the company can be viewed through BoonMarket.com's special email alerts. You can sign up for these alerts for free (limited time only) by visiting http://visitor.constantcontact.com/email.jsp?m=1101186369563.

The website profile for this company can be viewed at http://www.boonmarket.com/featured.html.

About BoonMarket.com

BoonMarket.com has become the premier stop for those investors who wish to experience huge profits via up-and-coming publicly traded companies.

About Cash Now Corp.

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express, and a payday loan and check cashing license known as Check Express.

Disclaimer: Never invest in any stock featured on the BoonMarket.com website or email alerts unless you can afford to lose your entire investment. Please read our full disclaimer at: http://www.boonmarket.com/legaldisclaimer.html.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.


--------------------------------------------------------------------------------
Source: Cash Now Corporation
 
Posted by Schwabie on :
 
MASSIVE DILUTION !

[Eek!]

PER FILING YESTERDAY...

http://www.pinksheets.com/quote/finance.jsp?symbol=CHNW

CAPPITAL STOCK

AUTHORIZED SHARES:

5,000,000,000

ISSUED AND OUTSTANDING:

4,320,510,567
 
Posted by Schwabie on :
 
POSTS FROM IHUB...

[Eek!]

Posted by: livinginstyle
In reply to: cargo_hauler who wrote msg# 8389 Date:2/14/2007 2:10:39 AM
Post #of 8422

I just can't stand by and watch you ill-informed people twist the facts. I only post the truth, always the truth. My first post this evening dealt with facts from the last two filings. The company lied to us by saying they were buying back shares when in fact they were diluting like crazy. I posted that same concern on this board and was told I should leave and I didn't know what I was talking about. Now, the truth is out people, deal with it.

Now, concerning all you people that say I am bashing our new management team have no idea what you are talking about. First of all, there is no new management team in place at Cash Now! Do any of you people read English? If so, read the following:

Mr. Garr C Winters. Mr. Winters replaces the current CEO, Kevin S Price, whose contract expired at the end of 2006. The company has also accepted the resignation of John Anthony Falting as a Company's Board Director. Mr. Falting continues as Chief Executive Officer of Cash Now Australia. Mr. Price will oversee and manage the company's new entry into the Forex market and related projects. Mr. Winters has been with Cash Now since its inception in 2000 in capacity as a marketing director and retail locations "turn key developments".

Who's new here? Price, the guy who diluted you to death is now in charge of the so-called Forex division. How reliable is he? Do you trust this man with your hundred or so million shares? What makes you think this man will do any better managing Forex than he did managing CHNW? This guy is a previous CHNW failure.

How about Mr. Falting? He just moved to Australia. Big deal, we still have him in management.

How about our new CEO? Winters has been with Cash Now since its inception in 2000 in capacity as a marketing director and retail locations "turn key developments". Is this salesman capable of running this company? Do you trust these liars with your investment? You people better get your eyes pried open and see the reality here. I could go on and on, but I have a business to run tomorrow.

_________________________________________________

Posted by: livinginstyle
In reply to: None Date:2/14/2007 2:35:10 AM
Post #of 8419

Last quarterly report stated O/S of 581,510,267. That wasn't too bad for a pinky. As I have stated on many occasions previously, the only thing that made any sense here was dilution. If it was being shorted to death, it would be sitting at .0001 or worse.

This quarterly report states the outstanding shares are now at 4,320,510,567 or a dilutive difference of 3,739,000,000 shares. This company stated to several people they were not diluting. They are freaking liars and they could care less about us. They just sold newly issued shares to anyone who would take them at any price. They weren't buying, they were selling. Thus, share price erosion.

Did you guys see the license revenues? It went from $88,000 to $75,000. Boy, what a find we have here. Did you also see the going concern note in the filing? I wouldn't completely disregard it.

What we have here is a lying management team, a going concern, a bloated float and a questionable future at best. How do we know the Forex business and platform is real? I haven't seen any official filings to the SEC showing any proof, have any of you?

Lets speculate and say the company is for real. Lets say the company successfully launches the Forex platform and becomes a company on the verge of making money. What happens then? For sure, the company will want to upgrade to a better exchange. AMEX, NASDAQ, perhaps? What do you think needs to happen long before that? I'll tell you guys exactly what's coming next. It's called a reverse split. You guys that spent your life savings on this POS could be in real trouble. Why? The markets job is to take as much money from the most amount of people in the least amount of time. There are a lot of share holders here that hold 50-150 million shares. You don't really think the market is gonna let you guys become millionaires do ya? Think again guys, you been had.
 
Posted by Hitman on :
 
Yep.. Im out of this one. It is a looser
 
Posted by PCola77 on :
 
So they "bought back a billion shares", and then must have sold 5 billion? A***holes.
 
Posted by tmanfromtexas on :
 
Well at least they cant dilute much more. lol. TMAN...
 
Posted by PCola77 on :
 
*cough* R/S soon *cough*
 
Posted by Replay2x on :
 
LOL...This reminded me of CMKX when they released a PR stating that they're retiring shares, but on the same day dumped more shares back.

What's next, dividends?

Good luck!
 
Posted by Rocketmist on :
 
I got a very small amount at 0.0002, with a large limit order there. Thats about the trust I got right now.
 
Posted by Stockstar69 on :
 
Lucky Rocket. You caught it right!
 
Posted by bobcat88 on :
 
this sounds all so familiar to USXP a year ago. Still holding on for the 1300% gain
 
Posted by bobcat88 on :
 
Cash Now (CHNW) Posts 4th Q Results and Announces BoonMarket.com Profile Launch
TORONTO, Feb. 14 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through its www.cashnow.net site the company offers Internet-based payday loans and other financial utility tools.

Cash Now today posted its fourth quarter results along with its Annual Report to the market and are pleased to announce that considering all of the acquisitions and new product launches that have been achieved by the company in this past year to only post a loss of $328,884 is extremely encouraging. Revenues are recovering and the anticipated exposure to the Forex market through our 50/50 revenue split agreement with Advanced Markets Inc. (AM) to begin offering IB services, the next year looks particularly profitable. AM is a dealer in a over-the-counter foreign currency spot contracts, and is a non-clearing futures commissions merchant with the Commodity Futures Trading Commission and a member of the National Futures Association, pursuant to the Commodity Exchange Act.

Mr. Garr Winters, Cash Now's CEO, explained that this opportunity is a major boost for the company to compliment our renewed focus on our ATM business, as well as Cash Now Cards with the previously announced e wallet. Considering the funds expending on Forex development and the share buyback, this is a great result. Winters said, 'while this Forex product is highly sought after by many and can add thousands of dollars to our revenue stream, Cash Now remains committed to keep providing payday loan and check cashing license systems. Our plans are to keep offering all the products and services we currently offer and to add Forex as the predominant product on our www.cashnow.com main site. Cash Now ranked in the top 40,000 most visited web sites on the Internet by Alexa. This is quite an achievement considering that by some reports there are now over 55,000 million web sites on the Internet; although the true number is uncertain. Almost all of the traffic generated on Cash Now is the so called organic one or non 'pay per click type'; providing unique visitors and the type of traffic most desirable to a businesses on line. In closing, with this type of traffic generated by Cash Now and this Forex product blended in with our self service and low fee structure, it may possibly have all the makings of being a huge growth vessel for us and our shareholders.'

Further to this, the procuring of Mr Jack Chang,s services, including his expertise in the ATM and debit card market is a major bonus for the company. The continued growth in Australia (www.cashnowau.com) for these new products, as well as in Asia, are a burgeoning market for the Cash Now system. In other company news the company announced that BoonMarket.com plans a profile launch of Cash Now Corp.

BoonMarket.com is a SANTA BARBARA, CA based IR firm. In-depth analysis of the company can be viewed through BoonMarket.com's special email alerts. You can sign up for these alerts for free (limited time only) by visiting http://visitor.constantcontact.com/email.jsp?m=1101186369563.

The website profile for this company can be viewed at http://www.boonmarket.com/featured.html.

About BoonMarket.com

BoonMarket.com has become the premier stop for those investors who wish to experience huge profits via up-and-coming publicly traded companies.

About Cash Now Corp.

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express, and a payday loan and check cashing license known as Check Express.

Disclaimer: Never invest in any stock featured on the BoonMarket.com website or email alerts unless you can afford to lose your entire investment. Please read our full disclaimer at: http://www.boonmarket.com/legaldisclaimer.html.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements set forth in this press release constitute 'forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.

SOURCE Cash Now Corporation


Source: PR Newswire (February 14, 2007 - 5:00 AM EST)
 
Posted by Humbleman on :
 
what do you think about that pr bob
 
Posted by dacollecter on :
 
quote:
Originally posted by bobcat88:
this sounds all so familiar to USXP a year ago. Still holding on for the 1300% gain

It does, I have money to take a gamble here. UBSS stuck at the ask.
 
Posted by bobcat88 on :
 
http://www.wallst.net/audio/audio.asp?symbol=CHNW&id=3021
 
Posted by iwannna on :
 
Press Release Source: Cash Now Corporation


Cash Now Corporation to receive compensation
Friday February 16, 5:00 am ET


LAS VEGAS, NV, Feb. 16 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), announces that it has successfully negotiated to receive additional compensation from its introductory broker agreement with its strategic partner.
ADVERTISEMENT


This will provide additional flexibility for Cash Now to develop sub-license agreements to provide pass-through Forex Trading services with real-time feeds of the true Interbank rates.

Mr. Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product, noted that: "Working with our strategic partner, we have arranged to increase the program spread from 2 pips to 2.5 pips. This will in no way compromise the transparency, immediacy of transactions, and live feed directly off the Electronics Banking System developed by our operating partner."

Sciacchetano further noted that once Cash Now begins offering the Forex product as a license, "Our sub-licensees will be able to offer their clients the core benefits of pass-through Forex dealing, without slippage or skuing, and with no dealing desk. They will have access to a trading platform originally designed for institutional traders with $100 million plus positions. The key benefit of having no intermediary retail platform, and no capability to manipulate the quoted bid/ask will be passed on to the end client."

CEO Garr Winters added, "With this revised agreement in place, Cash Now will be able to develop sub-license agreements with third parties, and ensure a win-win scenario for all parties. Our sub-licensees will benefit from the same revenue stream as if they negotiated directly with our strategic partner. At the same time, Cash Now will still receive a significant revenue stream from all transactions developed from its sub-licensees.

Winters added, "Obviously, this provides Cash Now with considerable more agility to ramp up trading volume by leveraging the installed client bases of our sub-licensees. In short, this is a very exciting business development, and Mr. Sciacchetano is to be commended for this key achievement."

Cash Now is still on target to launch the Beta test version of its Forex trading website toward the end of February.

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 operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.

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
 
Posted by tmanfromtexas on :
 
Things that make you go hmmmmm, or may be nothing at all. TMAN...

http://www.investorshub.com/boards/read_msg.asp?message_id=17189320
 
Posted by bobcat88 on :
 
B/A .0003/.0004
 
Posted by dacollecter on :
 
Bid is building. =)
 
Posted by easy_b on :
 
looking good so far
 
Posted by doling2005 on :
 
Big turn around here in the charts

http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by mrinos on :
 
hey, what are you doing on the internet!!!!!
 
Posted by RedRabbit on :
 
Same link as above but with the CMF.

http://stockcharts.com/h-sc/ui

CMF > 0 + UT = $$

Got some potential here, I have 5 million at .0002 ($1000). Hoping for a nice run.
 
Posted by Schwabie on :
 
SLOW...

I GUESS NO TAKERS AT .0004

[Eek!]

Today's Price Performance as of 9:45am EST, 2/21/2007 Option Chains Margin Requirements Interactive Chart


Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr

For a detailed view of this company's financial statements, view CHNW's Growth & Earnings.$0.0004
Last Price 0.00 0.00%
Today's Change $0.0004
Today's Open 8,221,850 Average
Today's Volume
Bid 0.00 size 0 Ask 0.00 size 0 Market Capitalization $0.00
Day's Range $0.0004 - 0.0004
 
Posted by doling2005 on :
 
looking for .0009 myself
 
Posted by bobcat88 on :
 
Going to take a while to get rid of alll those just taking the 33% and running. But when some news of a ticker change or the forex comes this will move fast.
 
Posted by Stockstar69 on :
 
quote:
Originally posted by doling2005:
looking for .0009 myself

Here's to you, hoping you are right.

Common .0009.

Good luck!
 
Posted by dacollecter on :
 
My target is over .0009. If a pos like INXR can run past .001, then surely CHNW could. CHNW actually looks very good(not pos). I am going to look into their Forex program. If I like it, I'll use it.
 
Posted by dacollecter on :
 
A lot of buying in the past hour. Looks as if it will move soon IMO [Big Grin]
 
Posted by brackep on :
 
it's getting ready ...
 
Posted by dalton05 on :
 
Looks like this is getting ready to take off - get on board while it's still low.
 
Posted by dacollecter on :
 
.0004x.0005 !!!
 
Posted by brackep on :
 
0004[1] x .0005[2]
printing .0005 !!!!!!!
 
Posted by dalton05 on :
 
looks like the .0004 wall is falling
 
Posted by dalton05 on :
 
.0005 x .0006
 
Posted by brackep on :
 
CHNW .0005x.0006 1x2
 
Posted by dacollecter on :
 
This is breaking out. broke .0005
 
Posted by dalton05 on :
 
go baby i see .001 by the close today.
 
Posted by Stockstar69 on :
 
Wonderful...Who said .0009?
 
Posted by dalton05 on :
 
MM's are not going to be able to hold this back - the bid is building.
 
Posted by brackep on :
 
go chnw
 
Posted by dollar13 on :
 
LMAO


NICE 100% PROFIT , IF YOU GOT IN AT 0.0003

BUT FIRST SMACK THAT ASK AT 0.0007
 
Posted by dacollecter on :
 
EOD rally coming imo.
 
Posted by dalton05 on :
 
i agree with the rally dacollecter
 
Posted by easy_b on :
 
nice day [Smile]
 
Posted by J_U_ICE on :
 
Very nice day!!!!
 
Posted by doling2005 on :
 
super day, hoping for my .0009 tomorrow. Great chart

http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by tmanfromtexas on :
 
WASSSUPPP with the bid/ask spread. I first looked at it and I thought the bid was higher than the ask. i thought i saw .0005/.00045. then i realized it was .0005/.0045. 0045???? my tda never changes on the pinks after hours. Things that make you go hmmmmmm. TMAN...

CHNW Bid: 0.0005 Ask: 0.0045 Last: 0.0006 ($): 0.0002 Vol: 451,673,686 | Get chain $ ?
 
Posted by RedRabbit on :
 
The chart just keeps looking better. I think the best news we can get is the Forex beta site going up before end of month as promised.

Their last PRs were the 9th, 14th, & 16th of this month. Due for another? hehe
 
Posted by doling2005 on :
 
Best here is the technical bounce play..maybe to .001 or so... grab it..
 
Posted by RedRabbit on :
 
I plan on cashing out my original investment at .001 and riding with free shares. If the management pulls through with a Cusip change and the Forex site release, then this will be much more then a technical bounce.
 
Posted by dalton05 on :
 
Here's hoping for a green day
 
Posted by Romeo on :
 
Is market close today?
 
Posted by easy_b on :
 
NO
 
Posted by Romeo on :
 
yah sorry had problem with my close in my pc....
 
Posted by bobcat88 on :
 
posting .0008's, going to be all over today!
 
Posted by bobcat88 on :
 
Good listen!

http://www.wallst.net/audio/audio.asp?symbol=CHNW&id=3021
 
Posted by doling2005 on :
 
Yeah, .001 is doable, this was way oversold.. glta
 
Posted by bobcat88 on :
 
L2's now active for this

http://www.allstocks.com/html/free_level_2_pink_sheet_stock_.html
 
Posted by Stockstar69 on :
 
L2's good news...Proof we are getting stronger.
 
Posted by RagingBull on :
 
great looking play imm atry to get filled here looks like its going to run all away to .001's like inxr did
 
Posted by ohio_trader on :
 
finally making paydirt....still alot left to go IMO


GLTA

**do your homework**
 
Posted by doling2005 on :
 
This uptrend will explode with any news....
 
Posted by bobcat88 on :
 
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.
 
Posted by njs300zx on :
 
good be an interesting monday.
 
Posted by Stockstar69 on :
 
To the moon... [Eek!]

OK maybe just up 25% Monday.
 
Posted by doling2005 on :
 
This should have been put out Monday morning... to .001 Monday IMO
 
Posted by dacollecter on :
 
quote:
Originally posted by doling2005:
This should have been put out Monday morning... to .001 Monday IMO

I think they are smart for doing it during the weekend AH. It helps to attract attention to new investors.It also gives them time to DD the stock better and judge it upon the PR. It worked well last weekend. I saw proof of it on IHUB, where the bookmarks just boomed. If it were to come out during market hours on Monday it'd just be a quick momo. JMO [Big Grin] GLTA
 
Posted by dacollecter on :
 
Look under breaking forex news. CHNW is top on the list. http://ih.advfn.com/p.php?pid=forexih&cb=1172331562
 
Posted by tmanfromtexas on :
 
Dacollecter, could you post it for us that refuse to sign up at IHUB? Or if I am the only one that hasnt signed up there could you post it for me? lol Thanks TMAN...
 
Posted by mindspin311 on :
 
I'd appreciate the post too.. Been following these guys for a few days and any new news would be great.
 
Posted by fryyguyy on :
 
try this link for the forex news.

http://ih.advfn.com/p.php?pid=forexnews&cb=1172340981
 
Posted by dacollecter on :
 
Breaking FOREX NEWS
16:16

Cash Now Announces Engagement with a California Web Based Marketing Company - LAS VEGAS, Feb. 23 ...click here for full story

It just the latest PR. Its just significant because they posted on a FOREX new site. kinda exciting that they post CHNW there.
 
Posted by JOELGA on :
 
I think it is safe to say we are cleared for launch in 5...4...3...2...
 
Posted by Humbleman on :
 
I have never done after hours trading, can somebody give me a little info on it? is this stock one that I could buy without having to wait until 9:30am for? Or at least, when would be the earliest possible time I could buy a stock like this.
 
Posted by jgygli on :
 
After hours trading not available. Good luck!
 
Posted by tmanfromtexas on :
 
Thanks fryy for the link. TMAN...
 
Posted by CashCowDave on :
 
I may try a little of this one again Monday..

had good luck with it last fall.

[Smile]
 
Posted by JOELGA on :
 
Off and running today.
 
Posted by bobcat88 on :
 
.0008 X .001, breaking out
 
Posted by ohio_trader on :
 
WOW!
 
Posted by JOELGA on :
 
Yes Sir!
 
Posted by PCola77 on :
 
Congrats guys. I didn't think it would/could happen.
 
Posted by cottonjim on :
 
quote:
Originally posted by PCola77:
Congrats guys. I didn't think it would/could happen.

Holy sh*t, I never woulda guessed it, nice move guy's.
 
Posted by ohio_trader on :
 
it is up 400% in 3 weeks, with more to go .....
 
Posted by bobcat88 on :
 
News should be out AH today according to the PR person at CHNW. Most likely news about the forex test site.
 
Posted by tmanfromtexas on :
 
i like it. TMAN...
 
Posted by dacollecter on :
 
get ready for close
 
Posted by ohio_trader on :
 
if this goes to .0011, good chance it runs until .002

and it may be this week...........
 
Posted by dacollecter on :
 
Good close! .001
 
Posted by ohio_trader on :
 
quote:
Originally posted by Stockstar69:
To the moon... [Eek!]

OK maybe just up 25% Monday.

-------------------------------------

how about 67%.....
 
Posted by tmanfromtexas on :
 
closed on a 4mm+ share trade at .001. very nice indeed. TMAN...
 
Posted by dacollecter on :
 
http://*************.com/StockPage.asp?CompanyTicker=CHNW&MarketTicker=OTC&TYP=S

american bulls posted a buy confirmed
 
Posted by shrimant on :
 
I have 2 mil of these which I had bought at 0.0003... Guys, you think its time to close this position now?
 
Posted by GlassCrasher on :
 
If I was you Shrimant, I would sell 600,000 at .001 just to be on the safe side. Pink sheet stocks are very unpredictable and plus you'll be protecting your capital.
 
Posted by doling2005 on :
 
Oh my what a treat! Tied up all day, knew we were going to break out..so oversold! More tomorrow, news is comin' [Smile]
 
Posted by dalton05 on :
 
News for 'CHNW' - (Cash Now Key Executives To Be Compensated by Stock in
Lieu of Regular Salary)


LAS VEGAS, NV, Feb 27, 2007 /PRNewswire-FirstCall via COMTEX/ -- Cash NowCorporation(CHNW.PK) www.cashnow.com (Cash Now), announces that key executives
CEO Garr Winters and Richard Sciacchetano, Cash Now's advisor and projectmanagerof 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,plusshares of common stock in the Company commensurate with performance and
meeting certain pre-defined business milestones. This arrangement willsignificantlyreduce Cash Now's burn rate and allow the company to maximize its
operating budget towards marketing and new business development via third
partyserviceagreements.

CEO Winters noted that: "We are very bullish on the prospects of the
Company,particularlywith respect to the new products being launched like our Forex
trading service, the e-wallet prepaid financial service product, and ATMservices.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 tobringthem 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 tothevalue 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
marketthatdelivers exactly what the seasoned trader is looking for - a service that
provides transparency and real-time interbank currency quotes, where pips
arenotmanipulated with slippage and skuing. In turn, we expect our customers to
trade more actively than the norm. They will be able to trade profitably
withsmallercurrency fluctuations, and more quickly to take advantage of currency
movements."It is anticipated that both executives may acquire significant stock
positionsinthe Company based on their compensation levels.

About Cash NowCash Now Corporation, a pioneer in the payday loan industry, is developing
themostcomprehensive menu of services in the cash advance industry, all centered
on the Cash Now brand. The company's proven business model includes
licensing tocorporatelyoperated locations across the U.S. and Canada, as well as several
foreign markets. Additionally, Cash Now's website is the most advancedpayday-lendingportal, offering key insight to clients and potential clients
alike.The Company is currently in the process of expanding its product portfolio
bybringinga retail Forex trading platform to market, targeted to seasoned day
traders. The Beta test site is scheduled for launch in late February, with
a
full-service roll-out to follow once the platform has been successfully
tested.Additionally, the Company's e-wallet product, named EM2 (Electronic Money
Management) continues to be developed. This stored value card allows
customerstotransfer cash value without having to issue cheques. Employers can use it
topayemployees (of great benefit for hourly workers who may not have a bank
account); in multi-level marketing organizations, as well as facilitatingelectronicfund transfers.
 
Posted by jlew732 on :
 
look like it is going to continue to take off.
 
Posted by bobcat88 on :
 
posting .002's huge spread - .0011/.002
 
Posted by dacollecter on :
 
Looks like the short squeeze is in effect!
 
Posted by bobcat88 on :
 
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.)
 
Posted by bobcat88 on :
 
Revisiting Cash Now Corp.

Thomas J. Catino
2/27/2007 9:33 AM EST

We first took a look at Cash Now Corp. (OTC: CHNW) in late January when it popped on to our radar after having a late day surge in volume. It was the latest sub penny stock to garner a lot of attention, attracting micro cap investors with volume and news. The company, engaging in the manufacturing and distribution of customized payday loan and check cashing software, announced that it had replaced its CEO and reported the resignation of one of its board of directors. Besides re-hauling its management team, the company re-tooled its business model by announcing entry into the Forex market.

As the company ramped up its PR machine, the stock moved up another tick out of the cellar, but disappointingly had to trade nearly 1.1 billion shares to do so. The stock went on to trade for a couple of weeks with minimal move in share price... that is until recently.

The market's appetite for Cash Now shares has increased as the company has quickly unveiled plans to move into the Forex market. The company has signed an introductory broker agreement with Advanced Markets Inc. and is in the late developmental stage of offering an innovative Retail Forex trading platform. Cash Now also announced it has retained an agent to assist in locating a full service broker dealer agency for acquisition to be able to offer a full service range of Forex products and services to its clients.

This appeared to be an interesting story unfolding, and so we went straight to the source to find out more. Here is what a corporate spokesperson told Ant & Sons;

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.)

Over the next few days, the news flow should continue to be rather steady, updating shareholders on previous corporate developments. One fact to hold on to is that the share structure numbers that were last posted on the Pink Sheets website, remain the same, indicating that there has not been any dilution in the past few days (coincidentally that is when the share price has started to rise substantially). Brace yourself, nonetheless, because the numbers are quite substantial. The authorized share count stands at 5 billion shares, with 4.3 billion shares outstanding and a publicly traded float of 3 billion shares. However, we are not sure how long those counts will stay the same as the company reported this morning that it plans to compensate its executives not with a cash salary, but with shares of common stock.

As with all stocks with a similar share structure trading at these levels, it is difficult to not sidestep the fact that Cash Now is a risky and speculative sub penny stock play. So be careful. In the short term, this will likely see some upside (possibly similar to the run in shares of iFinix Corp.) and no doubt become a trader favorite because of the high volume that has made it a more liquid security. The tremendous amount of buzz surrounding Cash Now and future press releases will also help. Yet in the long run, it is all up to Cash Now to be able to execute on its plan and most importantly, start showing some earnings to create shareholder value.

The author does not have a vested interest in shares of Cash Now Corp. (OTC: CHNW)

http://www.antandsons.com/2007/02/revisiting-cash-now-corp.html
 
Posted by dalton05 on :
 
If these guys are willing to pay there salaries with stock instead of a regular salary they must know this company has a lot of upside.They would not do this to take a loss.i am all in
 
Posted by a surfer on :
 
wow!! .0018 ask
 
Posted by ohio_trader on :
 
and to think this was only .0002 just 3 weeks ago...
 
Posted by dalton05 on :
 
That's why some people Love these pinkies 99 out of 100 do nothing but its that one stock like this if you got in low it makes up for the rest.
 
Posted by JOELGA on :
 
Kind of kicking myself for selling half my shares the other day at 133% gain. I think I will hold my last million for .01
 
Posted by tmanfromtexas on :
 
Thanks Bobcat! Appears to be a non compensated story. Told both sides good and bad. Nothing really new but still nice for some independent verification. TMAN...
 
Posted by PCola77 on :
 
Did it say how much stock they're getting? I skimmed the article and didn't see it. Just a heads up that IF (and like I said, I don't know) they are getting stock "worth" ten times their old salary, they are NOT going to take a loss, and it also dilutes your shares, I would assume.

Good luck to you guys though, I hope it keeps going up for you!


quote:
Originally posted by dalton05:
If these guys are willing to pay there salaries with stock instead of a regular salary they must know this company has a lot of upside.They would not do this to take a loss.i am all in


 
Posted by mrinos on :
 
this stock is goin crazy this morning!!!!300 million in volume!!!!
 
Posted by a surfer on :
 
I disagree Pcola.... Think first!




quote:
Originally posted by PCola77:
Did it say how much stock they're getting? I skimmed the article and didn't see it. Just a heads up that IF (and like I said, I don't know) they are getting stock "worth" ten times their old salary, they are NOT going to take a loss, and it also dilutes your shares, I would assume.

Good luck to you guys though, I hope it keeps going up for you!


quote:
Originally posted by dalton05:
If these guys are willing to pay there salaries with stock instead of a regular salary they must know this company has a lot of upside.They would not do this to take a loss.i am all in



 
Posted by brackep on :
 
.0015 x .0016 1x2
 
Posted by a surfer on :
 
bid support building!!!!
 
Posted by tmanfromtexas on :
 
PCOLA makes a good point that hasnt been brought out. IF its overcompensation they make out like bandits and we pay the price. If it fair and equitable then we all make out. Always remember its a pinky. BTW, I havent sold a share. TMAN...
 
Posted by SherriT on :
 
Ask at .0019!!!
 
Posted by bobcat88 on :
 
pretty soon the bid will be .0019!
 
Posted by ohio_trader on :
 
rsi now at 87

watch it if it goes to 88-90, may take a dip again, before going past .002


GLTA


.005-.01+ still in play
 
Posted by PCola77 on :
 
Can you exaplin? I'm not sure what you're saying.

Regardless, the ask is up to .0019, so you guys are making out like bandits!

quote:
Originally posted by a surfer:
I disagree Pcola.... Think first!




quote:
Originally posted by PCola77:
Did it say how much stock they're getting? I skimmed the article and didn't see it. Just a heads up that IF (and like I said, I don't know) they are getting stock "worth" ten times their old salary, they are NOT going to take a loss, and it also dilutes your shares, I would assume.

Good luck to you guys though, I hope it keeps going up for you!


quote:
Originally posted by dalton05:
If these guys are willing to pay there salaries with stock instead of a regular salary they must know this company has a lot of upside.They would not do this to take a loss.i am all in




 
Posted by bobcat88 on :
 
Within a week of the one year aniversary of a $26K profit for me, can you guess the ticker?
 
Posted by a surfer on :
 
Its the exact opposite of dillution untill they sell their shares.
 
Posted by tmanfromtexas on :
 
USXP BABY!! TMAN... ps that one is still a pos. LOL!!!
 
Posted by mrinos on :
 
IT IS RUNNING BIG!!!
 
Posted by a surfer on :
 
quote:
Originally posted by bobcat88:
Within a week of the one year aniversary of a $26K profit for me, can you guess the ticker?

NDOL
 
Posted by ohio_trader on :
 
rsi(relative strength index)

even during a runner when you have such a high balance of shareholders in the green a correction is forthcoming

ie when 60-80% of shareholders are holding nice gainers

anything over rsi of 70 for an extended period of time is high, over 80 very high, and 90 crazy high

glta more to come

and there will be dips along the way
 
Posted by SherriT on :
 
Surf, are you in here?
 
Posted by tmanfromtexas on :
 
I agree Surfer in the short term it will help (maybe) but with out s4's being filed etc we as shareholders will probably not be told of selling. I doubt we will ever see a PR of the CEO selling X amount of shares. lol. TMAN...
 
Posted by mrinos on :
 
Let's take this back to .002!!!
 
Posted by a surfer on :
 
quote:
Originally posted by SherriT:
Surf, are you in here?

In at .0012 And I thought I was too late.... [Big Grin] [Big Grin]

Looking for freebies later.. come on .0024!!!!
 
Posted by dacollecter on :
 
volume is low for this to be moving up like this. That is a really good thing for us, but not the shorts. [Big Grin]
 
Posted by tmanfromtexas on :
 
surfer, ndol wasnt until May. Made out like a bandit with that one too. lol. The rest of my picks for the year sucked except for the first fgfc run. SHould have taken my hard profits and invested elsewhere instead of buying back in. LOL. TMAN...
 
Posted by bobcat88 on :
 
Correct, even better right now with CHNW, sitting on my hands!

quote:
Originally posted by tmanfromtexas:
USXP BABY!! TMAN... ps that one is still a pos. LOL!!!


 
Posted by brackep on :
 
.0017 x .0018 1x4
 
Posted by a surfer on :
 
quote:
Originally posted by bobcat88:
Correct, even better right now with CHNW, sitting on my hands!

quote:
Originally posted by tmanfromtexas:
USXP BABY!! TMAN... ps that one is still a pos. LOL!!!


Their all POS.......LOL

thats the beauty of it!!
 
Posted by ohio_trader on :
 
rsi now 88.43
 
Posted by SherriT on :
 
and down she goes...
 
Posted by ohio_trader on :
 
when the rsi reaches 90, time to step back for a minute

no worries, this is expected...
 
Posted by SherriT on :
 
Not worried, just wishing my wire had arrived so I would have more funds [Wink]
 
Posted by dacollecter on :
 
buying here on dip
 
Posted by a surfer on :
 
trying to add at .0014 not taking....
 
Posted by mrinos on :
 
.013 now, oh well...it's only money, right??
 
Posted by dalton05 on :
 
I am confident after lunch this will go back up.Just some profit taking - buyers are still there.
 
Posted by PCola77 on :
 
Surfer, that's not true. The opposite of dilution would be buying back and cancelling shares. It IS dilution in that your X shares is a smaller % of the total outstanding shares.

[X / Old total] is less than [X / (Old Total + Shares given to management]

So literally, it is dilution. you may not see the effect of it unless/until they start selling shares, but you still own less of the company than you did before, which is the definition of dilution.

quote:
Originally posted by a surfer:
Its the exact opposite of dillution untill they sell their shares.


 
Posted by a surfer on :
 
quote:
Originally posted by PCola77:
Surfer, that's not true. The opposite of dilution would be buying back and cancelling shares. It IS dilution in that your X shares is a smaller % of the total outstanding shares.

[X / Old total] is less than [X / (Old Total + Shares given to management]

So literally, it is dilution. you may not see the effect of it unless/until they start selling shares, but you still own less of the company than you did before, which is the definition of dilution.

quote:
Originally posted by a surfer:
Its the exact opposite of dillution untill they sell their shares.


Typically when a company offers shares for monetary compensation the shares will be held as preferred for 2 years. Thats when dilution might occur.

But all is moot untill proof of said shares is p.r'ed or filed
 
Posted by bobcat88 on :
 
There should be a PR today or tomorrow about the beta test site for the Forex site. Previos PR's said before end of month.
 
Posted by dacollecter on :
 
Loaded up and ready for a move here [Big Grin] [Wink]
 
Posted by dacollecter on :
 
FOREX launch tommorrow, huge morning PR. http://www.investorshub.com/boards/read_msg.asp?message_id=17442661
 
Posted by cottonjim on :
 
HMMMMMMMMM
 
Posted by jlew732 on :
 
might sound like a dumb question, im new to stocks, can you explain that message that dacollecter put up, thanks.
 
Posted by SherriT on :
 
FOREX is the currency trading exchange....

Basically it is very BIG news if that does come to pass...
 
Posted by dacollecter on :
 
Its a trillion dollar a day market. It will open huge money making possibilities for CHNW.
 
Posted by ohio_trader on :
 
.005-.01+ still in play [Smile]
 
Posted by dacollecter on :
 
click on the link in this post http://www.investorshub.com/boards/read_msg.asp?message_id=17449737
 
Posted by shrimant on :
 
I sold 600k out of 2m *0.0011 to cover my capital.. Wondering how long should I hold onto remaining 1.4m.. this baby is just going up and up!!
 
Posted by tmanfromtexas on :
 
That is always a hard question to answer shrimant. I got shook out of usxp last year to early. I sold in increments but got skeared. lol. I still made out nicely but not greatly. You did the right thing in covering your capital. That gives you money to play another day. TMAN...
 
Posted by JOELGA on :
 
I know what you mean tman...I did the same with USXP. Could have made a whole lot more but sold most on the way up. Did the same here.SOld most of mine for a 133% gain, and all I have left are 400000 shares. Hope I didn't sell too quick. I have a feeling that this is gonna keep on going in spite of my selling lol.

quote:
Originally posted by tmanfromtexas:
That is always a hard question to answer shrimant. I got shook out of usxp last year to early. I sold in increments but got skeared. lol. I still made out nicely but not greatly. You did the right thing in covering your capital. That gives you money to play another day. TMAN...


 
Posted by J_U_ICE on :
 
quote:
Originally posted by shrimant:
I sold 600k out of 2m *0.0011 to cover my capital.. Wondering how long should I hold onto remaining 1.4m.. this baby is just going up and up!!

Nice job shrimant. Always better to be safe than sorry. I sold some today also but I'm still holding plenty. Been a great week and a loooooooooong time coming. Glad people are making some nice money with CHNW. Nice to finally be able to look at it in my account and smile.

Good luck
 
Posted by RockLobster on :
 
well i picked up 10 mil at 2, sold half at 6 and then the rest at 8.. i don't regret it one bit..

so to shrimant. Any profit is good profit. Never went broke taking profits.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by RockLobster:
well i picked up 10 mil at 2, sold half at 6 and then the rest at 8.. i don't regret it one bit..

so to shrimant. Any profit is good profit. Never went broke taking profits.

Well said RockLobster and great play. Can't worry about coulda, woulda, shoulda. Everytime something starts to run it becomes the next USXP. If it is great but the most important thing is protecting your capital.
 
Posted by ohio_trader on :
 
quote:
Originally posted by shrimant:
I sold 600k out of 2m *0.0011 to cover my capital.. Wondering how long should I hold onto remaining 1.4m.. this baby is just going up and up!!

-----------------------------

very nice move,
plus after pulling down capital it makes it easier to hold onto some for potential huge gains

profit is profit is profit, don't ever look back !
 
Posted by ohio_trader on :
 
also nice job to Rocklobster..do the math > a $5,000 gainer, Very Nice!
 
Posted by farmerboy on :
 
This could gap up for some profit taking then drop to fill the gap. Remember there is a gap to fill already from yesterday so possible pull back off the bell to fill the gap and back into the 2's. No doubt this will be in the 2's today. The RSI is high but look at the CMF it is on fire so this could see .003 to .005 with some profit taking and MM's games it could hit the 200 day in a week of two. I hope your all in on AAPM. Keep a close eye on HSCC.
 
Posted by iwannna on :
 
The New beta site is up, Check out Advanced Forex by Cash Now at http://www.cashnow.com/demoaccount.html
7 APR is the official lanch date.
 
Posted by iwannna on :
 
News out


Press Release Source: Cash Now Corporation


Cash Now (CHNW) Cash Now Launches Forex Beta Test Site
Wednesday February 28, 8:00 am ET


LAS VEGAS, Feb. 28 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now). Cash Now is pleased to announce the launch of the Beta Test site for Forex trading, meeting its aggressive objective of launching the site by the end of February.
ADVERTISEMENT


The service has been branded 'Forex Advanced Markets by Cash Now', and can be viewed by visiting http://www.cashnow.com/forex_index.html. Forex traders are invited to visit the website, and watch for further announcements regarding the official launch of the fully operational Forex site on the Cashnow.com domain.

Mr. Garr Winters, Cash Now CEO advises, "The Forex Trading service represents a major new product introduction for Cash Now. Accordingly, we have set up Forex Advanced Markets as a separate division, although back office services will be combined with our core business. As we have stated earlier, we will continue to seek opportunities to diversify our product portfolio in line with our core competencies. The Forex Trading service is the first major step in line with our Corporate Objectives."

Winters added, "We are indebted to Richard Sciacchatano's accomplishments in establishing this new service offering, and accordingly, have appointed him Forex Service Division Manager. He will have full operational responsibility for all aspects of the Forex division."

Mr. Richard Sciacchetano noted, "The team has worked very hard getting us to this point. Not only have we met our initial target launch date, but a lot of back-end programming has been accomplished behind the scenes. I would recommend that the Forex traders keep us on their radar screen, as we intend to beat our goal of launching the final and fully functional and fully operational Forex site early in the second quarter. At that point, we will focus on optimizing the Cash Now Forex site so it can be easily found on the search engines."

Cash Now Background

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 Internet model. The company's proven business model includes licensing to corporately operate locations across the U.S., Canada, and Australia. Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express, and the industry first real time booking engine.

Additionally, the company is in the developmental stage of a FOREX Introducing Broker (IB) platform. The company plans to continue broadening offering both of the FOREX and the sub prime product lines simultaneously.

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
 
Posted by a surfer on :
 
Keeping their word!!
 
Posted by Grail7 on :
 
http://www.cashnow.com/forex_index.html

This looks very impressive as a FX dealer, they're actually serious. Should be interesting especially with the global markets' current conditions and the ripple effect that will occur now and into the short term future. Should be an interesting day with the current momentum, IMO.
 
Posted by dalton05 on :
 
Looks like this will spike up early.
 
Posted by bksundar on :
 
Don't be too sure. I got a link from the IHUB board on CHNW that the AS increased from 5B to 11B , a 6B increase.
So typical of any pinkie. They fool us with great PRs and dilute the heck behind the poor investors back !!!!

I anticipate a lot of selling today.... I know I want to get rid of my 1m free shares ASAP...
 
Posted by bksundar on :
 
Before the stupid people start accusing me of creating trouble without link, here it is :

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx ?lx8nvq=VXehRn4u%252frPF%252bYLY3RCK5g%253d%253d&CorpName=ESPRIT+FINANCIAL+GROUP +INC
 
Posted by PCola77 on :
 
That's such bullsh*t (the company, not you bk). They may not start selling right away, but everyone in this should keep a close eye on it. Hopefully they let it keep going up before they start dumping.

Although, actually, now thta I think about it. They may have HAD to increase the A/S to pay the "salary" of the management. Is the TA gagged, or can you check the O/S, which is the important number. If management shares are restricted, as has been rumored, it won't hurt you guys, but if the O/S starts increasing, you're in trouble.

quote:
Originally posted by bksundar:
Before the stupid people start accusing me of creating trouble without link, here it is :

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx ?lx8nvq=VXehRn4u%252frPF%252bYLY3RCK5g%253d%253d&CorpName=ESPRIT+FINANCIAL+GROUP +INC


 
Posted by farmerboy on :
 
There's a gap to fill so it could drop back to .001
 
Posted by dalton05 on :
 
will this go back up today after the gap is filled or did we stay in too long
 
Posted by PCola77 on :
 
dalton, I think that depends on what the company is doing with the new shares available to them.

If they are dumping them, then you're in bad shape. if they are holding them to issue as restricted shares for salary, then this sell-off is probably unwarranted and it should bounce.

the key is the number of outstanding shares of the company, and if it's changing. I'd call the TA if I was in this. If they are gagged, you can probably assume the company is dumping. If the TA gives you an answer, then the company may have nothing to hide.
 
Posted by farmerboy on :
 
Gap is filling...lets see if this Co. is still up to it's BS. It could have went up in order for people to get paid. It could be done!
 
Posted by dalton05 on :
 
Thanks PCola - lot's of volume today and off the lows so just could be a correction and hopefully see a little more buying this afternoon.
 
Posted by farmerboy on :
 
it looks done to me!
 
Posted by madmoney on :
 
[Eek!] [Eek!] [Eek!]
 
Posted by PCola77 on :
 
Ouch. This is why you should always assume Pinky CEOs are crooks.
 
Posted by dalton05 on :
 
Down 53% WTF!!!!!!
 
Posted by dalton05 on :
 
oh well - I hope the executives enjoy our money on there Luxury yacht.back to selling pencils for me.
 
Posted by Romeo on :
 
I've lost 50%.... back to selling balloons for me
 
Posted by SherriT on :
 
WHAT THE HECK HAPPENED????
 
Posted by bobcat88 on :
 
All the new shares are restriced. This is all panic selling. Wait out the storm. People seen there accounts yesterday and how much they had and now it's down 50% and they are taking what they can get and getting out. It will be back up when the dust settles.
 
Posted by PCola77 on :
 
As bksundar pointed out, the company increased their authorized share count over 100%. Chances are pretty good that they are dumping like crazy into the momentum that they HAD. And holders are trying to cash out gains or minimize losses. Huge compounding effect.
 
Posted by SherriT on :
 
OK - so how long for the dust to settle??? Just ballpark....

I was in a meeting - when I left it was at .0017, and now I see .0009
 
Posted by farmerboy on :
 
Why would anyone be shocked at this it's CHNW!
 
Posted by PCola77 on :
 
Bobcat, that's a big assumption to make while watching it go down 50%+. How do you know that ALL of the new shares are restricted? First of all, i think someone said that the "salary-equivalent" shares were restricted, but 1) you can't believe everything you read (or everything you hear from a CEO for that matter), and 2) they increased the A/S a HELL of a lot morethan they need to pay "salary".

quote:
Originally posted by bobcat88:
All the new shares are restriced. This is all panic selling. Wait out the storm. People seen there accounts yesterday and how much they had and now it's down 50% and they are taking what they can get and getting out. It will be back up when the dust settles.


 
Posted by bobcat88 on :
 
IMO all the new shares are the shares added for the sarary compensation for the bosses, they are going to have this back up in no time. The company still has alot going for them.
 
Posted by madmoney on :
 
PCola77 - what is the CURRENT A/S? last i saw it was 5 billion, is it now 10 billion??
 
Posted by PCola77 on :
 
Sherri, the price was .0002 just last week, right? So it could easily go back there if people take profits and others cut losses. And if the company is dumping shares, it shouldn't surprise anyone if those goes to a worst case scenario of .0001 and then reverse split. that's what pink sheet companies do.

quote:
Originally posted by SherriT:
OK - so how long for the dust to settle??? Just ballpark....

I was in a meeting - when I left it was at .0017, and now I see .0009


 
Posted by hedfe on :
 
rsi was at almost 90 the other day, this had to have a pullback no matter what
 
Posted by PCola77 on :
 
By the way, it wouldn't surprise me to see this bounce, as day traders come in and play it that way, but be VERY careful about thinking any increase is the start of a new trend.
 
Posted by a surfer on :
 
quote:
Originally posted by PCola77:
Sherri, the price was .0002 just last week, right? So it could easily go back there if people take profits and others cut losses. And if the company is dumping shares, it shouldn't surprise anyone if those goes to a worst case scenario of .0001 and then reverse split. that's what pink sheet companies do.

quote:
Originally posted by SherriT:
OK - so how long for the dust to settle??? Just ballpark....

I was in a meeting - when I left it was at .0017, and now I see .0009


The doomsdayer..... [Confused] [Confused]

INRA!!!!!!!
 
Posted by SherriT on :
 
Yeah - I just was completely flabbergasted - I expected it to be UP not 50% down...and yes, I am well aware of what pinkies do, unfortunately [Frown]
 
Posted by PCola77 on :
 
Haha, sorry surf, just trying to be realistic. Although I'll freely admit that I said this would never move past .0003, so I obviously was totally wrong before. Wouldn't surprise me to be wrong again some day [Smile]

However, evidence points to this run being over thanks to the a**holes in charge.
 
Posted by SherriT on :
 
The other question I had....wasn't the FOREX announcement the big thing this stock was waiting on? Are we strictly seeing the sell about the shares, or do you think it was also the "buy on rumor, sell on news" bit?
 
Posted by Romeo on :
 
back to .0009 again ...
 
Posted by dalton05 on :
 
Yesterday we were ready to retire -Today they are trying to get us off the Bridge.
 
Posted by PCola77 on :
 
Sherri, probably some of both. And this is 100% uninformed speculation on my part, but it's possible that some people who actually understand Forex tried the site and didn't like it, or worse, it's not legit. May be worth checking with some of the knowlegable Forex guys to test he site.
 
Posted by SherriT on :
 
dalton, you have an interesting perspective on this one [Big Grin]

Now that I have calmed down a bit, there are a couple of guys that I thought might be able to check out the FOREX stuff, so I have asked...
 
Posted by bksundar on :
 
quote:
Originally posted by PCola77:
Haha, sorry surf, just trying to be realistic. Although I'll freely admit that I said this would never move past .0003, so I obviously was totally wrong before. Wouldn't surprise me to be wrong again some day [Smile]

However, evidence points to this run being over thanks to the a**holes in charge.

PC. I too did not believe that it might rise so much.
Just took a chance last week 4m*0.0003 after seeing huge volume increase, sold my first 1/2 at 0.0012, 1m at 0.0013 and panicked (after the 11B OS) for the remaining 1m this morning by setting a sell at 0.0011, but it took it at 0.0017 (Lucky me !!!)
A good trading range for A POS !!!
 
Posted by SherriT on :
 
It's actually holding really well in this .0008/.0009 range....
 
Posted by Hitman on :
 
I Trade FOREX.... will check the sight out and c how it is
 
Posted by Hitman on :
 
Just checked the Forex Out. You can not trade or set up an account yet..... You can see the sight but it does not work yet. I Tried to set up a demo account but could not. Want be open till April 2nd 2007 according to the web page.
 
Posted by a surfer on :
 
from hub


BUY BUY BUY IR just returned my call. There will be a PR out at 1:00pm that will explain everything. He is dumbfounded at the types of comments that people are listening too regarding the A/S structure. He is returning emails and phone calls now. Please don't just take my word for it. CALL HIM!!!
 
Posted by PCola77 on :
 
hitman, that would be cool of you. I'm not in this, but it could be helpful to those who are.
 
Posted by a surfer on :
 
buys filling in!!!

Apparently these shares are restricted.

My guess is the P.R. will state something to that effect.
 
Posted by a surfer on :
 
I love these rumor mills!!!!


LOL

printing .001
 
Posted by madmoney on :
 
wow IR says everything is great!! what a shock! LOL!!!!
 
Posted by bobcat88 on :
 
From: Cash Now Corp
To: jgygli
Sent: Wednesday, February 28, 2007 11:53 AM
Subject: Re: Great PR reply


Hello;


There will be news in mid day today on this. Yes these are restricted shares and the news will address that. The stock they get is pegged to the performance. The target is a penny and Garr has said that lots of times. This does not mean unlimited shares but more or less what his salary is. these are AUTHORIZED shares NOT issued. BIG DIFFERENCE. There is no dilution by having stock in the till to buy other companies and to make the business grow

Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com
 
Posted by madmoney on :
 
There is no dilution by having stock in the till to buy other companies and to make the business grow -----------------------
if they use the stock to buy other buisnses the O/S will rise = dilution??
 
Posted by a surfer on :
 
.0011 x.0012....LOL
 
Posted by a surfer on :
 
quote:
Originally posted by madmoney:
There is no dilution by having stock in the till to buy other companies and to make the business grow -----------------------
if they use the stock to buy other buisnses the O/S will rise = dilution??

Another doomsdayer...LOL

I like the rumor mills madmoney!!!! thats how you trade these things.... Not on facts!!! LOL
 
Posted by SherriT on :
 
What a day all...What a day!
 
Posted by a surfer on :
 
.0012x.0014
 
Posted by Romeo on :
 
Rising again
 
Posted by SherriT on :
 
Maybe you won't have to head back to those balloons, Romeo [Wink]
 
Posted by madmoney on :
 
quote:
Originally posted by a surfer:
quote:
Originally posted by madmoney:
There is no dilution by having stock in the till to buy other companies and to make the business grow -----------------------
if they use the stock to buy other buisnses the O/S will rise = dilution??

Another doomsdayer...LOL

I like the rumor mills madmoney!!!! thats how you trade these things.... Not on facts!!! LOL

I jumped in at .0008 thought I would bail at .001 decided to hold out for a little more!! GLTA!!!
 
Posted by RagingBull on :
 
its surfer a respectable poster here?
 
Posted by farmerboy on :
 
Man am I gald I bought back in at .0008...nice!
 
Posted by Romeo on :
 
happy to get out at -0
 
Posted by a surfer on :
 
quote:
Originally posted by RagingBull:
its surfer a respectable poster here?

Am I a respectable poster you ask????
 
Posted by jlew732 on :
 
im holding 675k for the long haul
 
Posted by Romeo on :
 
quote:
Originally posted by SherriT:
Maybe you won't have to head back to those balloons, Romeo [Wink]

-----------

yep thats right lolz
 
Posted by madmoney on :
 
out at .0015! NICE! [Smile]
 
Posted by a surfer on :
 
quote:
Originally posted by madmoney:
out at .0015! NICE! [Smile]

Way to go Mad!!!!!
 
Posted by Homersbud on :
 
quote:
Originally posted by madmoney:
out at .0015! NICE! [Smile]

Hahaha, nice dude! I got in at 0011, sold at 0015 too!
 
Posted by RagingBull on :
 
surfer no offense i was just checking that u wasnt making that up
 
Posted by a surfer on :
 
quote:
Originally posted by RagingBull:
surfer no offense i was just checking that u wasnt making that up

none taken!

I don't have time to lie...

Looks like they are trying to take this down.
 
Posted by SherriT on :
 
quote:
Originally posted by RagingBull:
surfer no offense i was just checking that u wasnt making that up

I can also vouch for Surf - he is a good guy! (And he makes some darn good picks if you ask me [Big Grin] )
 
Posted by RagingBull on :
 
what time zone is chnw in??? im in jersey so uts 1pm here alrady
 
Posted by madmoney on :
 
quote:
Originally posted by Homersbud:
quote:
Originally posted by madmoney:
out at .0015! NICE! [Smile]

Hahaha, nice dude! I got in at 0011, sold at 0015 too!
in at .0008 fast out at .0015 faster!! I love flippin!
 
Posted by madmoney on :
 
wow check that spread .001 X .0015!!??
 
Posted by SherriT on :
 
WIDE OPEN SPREAD - good grief!
 
Posted by RagingBull on :
 
imagine if they merge with a more known forex trading identity [Smile]
 
Posted by brackep on :
 
Posted by: Allinxxl1968
In reply to: pennytrader who wrote msg# 13264 Date:2/28/2007 1:13:13 PM
Post #of 13327

I just called the company. IR says news is out! Hope its not a delay transmission like last week. Says PR news will explain extra OS 5 billion and Winters pay etc.. They don't seem concerned about the rolle coaster ride he said jokingly "Did anyone entertyain the idea of a possible forward split"? "You know OS stock can be used for that as well". In other words for every 1 share you own you get 2. I asked if he is for real with this and he said I dont know whats in the management head but dilution certainly is not and maybe we will just buy another Forex house! I think they are staying the course and Im in LOOOOONG!!!!!
 
Posted by bobcat88 on :
 
LAS VEGAS, Feb. 28 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now). Cash Now is pleased to announce the launch of the Beta Test site for Forex trading, meeting its aggressive objective of launching the site by the end of February.

The service has been branded 'Forex Advanced Markets by Cash Now', and can be viewed by visiting http://www.cashnow.com/forex_index.html. Forex traders are invited to visit the website, and watch for further announcements regarding the official launch of the fully operational Forex site on the Cashnow.com domain.

Mr. Garr Winters, Cash Now CEO advises, "The Forex Trading service represents a major new product introduction for Cash Now. Accordingly, we have set up Forex Advanced Markets as a separate division, although back office services will be combined with our core business. As we have stated earlier, we will continue to seek opportunities to diversify our product portfolio in line with our core competencies. The Forex Trading service is the first major step in line with our Corporate Objectives."

Winters added, "We are indebted to Richard Sciacchatano's accomplishments in establishing this new service offering, and accordingly, have appointed him Forex Service Division Manager. He will have full operational responsibility for all aspects of the Forex division."

Mr. Richard Sciacchetano noted, "The team has worked very hard getting us to this point. Not only have we met our initial target launch date, but a lot of back-end programming has been accomplished behind the scenes. I would recommend that the Forex traders keep us on their radar screen, as we intend to beat our goal of launching the final and fully functional and fully operational Forex site early in the second quarter. At that point, we will focus on optimizing the Cash Now Forex site so it can be easily found on the search engines."

Cash Now Background
 
Posted by bobcat88 on :
 
Sorry that was this AM's news not the update. Should be out anytime now.
 
Posted by brackep on :
 
Posted by: KA12
In reply to: None Date:2/28/2007 1:28:12 PM
Post #of 13366

IR says that the wires are back-logged because of all the press releases going out from the DOW but it should be coming very shortly
 
Posted by a surfer on :
 
quote:
Originally posted by SherriT:
quote:
Originally posted by RagingBull:
surfer no offense i was just checking that u wasnt making that up

I can also vouch for Surf - he is a good guy! (And he makes some darn good picks if you ask me [Big Grin] )
Thanks Sherri!! Thats a team player!

We are all here to make Money!!!!
 
Posted by KA12 on :
 
Wednesday, February 28 2007 1:34 PM, EST Cash Now Provides Update on Corporate Activity PR Newswire    "US Press Releases "
LAS VEGAS , Feb. 28 /PRNewswire-FirstCall/ - As previously reported on February 9th , Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) is in the process of changing its corporate name to Esprit Financial Group Inc. The corporate transfer agent has advised management that the name change and new CUSIP number should become effective on or about March 15th, 2007 .
The State of Nevada can levy fees up to a maximum of $35,000.00 to recapitalize a corporation, plus additional fees for other amendments to the Corporation's charter. However, multiple changes can be accomplished at the same time for a single fee.
In light of these changes, the Corporation has also applied for an increase to its Authorized share capital, to 11 billion from the current 5 billion shares. This does not directly increase the public float, or total number of shares currently outstanding.
CEO Garr Winters notes; "It is financially prudent to make this additional change in the amount of authorized stock concurrent with the corporate name change. 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. We are confident as we pursue these acquisitions, we will continue to add significant value to the Company on behalf of our shareholders, such as the impending launch of our Forex trading service.
Winters added "I would also want to clarify that further to our announcement of February 27th , compensation of both Richard Sciacchetano and myself will be made in the form of restricted class 144 stock in lieu of salary. As noted at that time, the amount of stock issued will be commensurate with the achievement of business milestones and performance of the corporation. As such, senior management will be very focused on creating long-term value for our shareholders, particularly in light of the fact that our compensation will be directly affected by the long-term performance of the Company and its stock value".
Finally, Winters noted that: "We are very excited about the impending launch of our Forex service, and we will continue to keep our shareholders apprised of other significant developments as we progress toward closing other new significant business opportunities".
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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue cheques. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
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
 
Posted by a surfer on :
 
and the trading stops....LOL
 
Posted by RagingBull on :
 
lol
 
Posted by Bawz2wawz on :
 
party's over here, AS raised from 5 to 11 bil
 
Posted by tompom on :
 
quote:
Originally posted by Bawz2wawz:
party's over here, AS raised from 5 to 11 bil

yep
 
Posted by dalton05 on :
 
This does not directly increase the public float, or total number of shares currently outstanding.
 
Posted by Bawz2wawz on :
 
nope, but they just don't do it for the fun of it, JMO
 
Posted by dollar13 on :
 
DAMNNNNNN I JUST CAME BACK ..


I MISSED THAT DIP EARLY F..........K
 
Posted by RagingBull on :
 
see you during name cusip change week lol
 
Posted by dacollecter on :
 
holding onto 5 mil, thanks to the panic sellers. i heard there's going to be a short squeeze coming. Over 1 billion shares shorted [Eek!] . this isn't done for a while imho.
 
Posted by PCola77 on :
 
where'd that short squeeze info come from?
 
Posted by dacollecter on :
 
a friend, i'll ask him where. [Smile]
 
Posted by MichaelAdamGreen on :
 
I don't know what the future holds for this one, but I feel like there is some serious money to be made. Got in at .0003, bought 300,000 more shares when it dipped down to .0008 today, sold enough at .0015 to get my initial investment back and am going to let the remaining million ride. Don't be greedy with this one folks!
 
Posted by SherriT on :
 
So what do you guys think about EOD?
 
Posted by KP on :
 
This will easily reach .10 by the end of spring.
Do your own DD folks, and flip al you want on this, but I am in at Rock Bottom. .0006 with 1mil Shares. thanks to all the flippers today, they gave me a great average. Kudos to those long and short.

And remember the A/S are restricted.

Read the PR carefully. Especially the part at the end concerning us, the shareholders.

Forex is big money folks, are you ready?
 
Posted by madmoney on :
 
I think the forex thing (site) will bomb! lots of other established firms out there! JMO! they WILL issue shares for aquisitions and services thus increasing the O/S and will very likely R/S in the months to come! I will continue to flip this as oppertunity may allow but I will NOT hold it. the chances of this going to .10 WITHOUT an R/S are slim to none! JMHO!!! do what you feel! and GLTY!!!
 
Posted by tmanfromtexas on :
 
KP the A/S IS NOT RESTRICTED. The only restricted shares are the ones that the ceo etal get. As far as getting to 10 cents. The only way I see that is a massive reverse split, or they spend another 35 grand to drop the AS and buy back about 3 billion shares and retire them, AND actually make money. And before anyone says that I am bashing, I am not. I still have all of my shares. TMAN...
 
Posted by KP on :
 
quote:
Originally posted by tmanfromtexas:
KP the A/S IS NOT RESTRICTED. The only restricted shares are the ones that the ceo etal get. As far as getting to 10 cents. The only way I see that is a massive reverse split, or they spend another 35 grand to drop the AS and buy back about 3 billion shares and retire them, AND actually make money. And before anyone says that I am bashing, I am not. I still have all of my shares. TMAN...

I don't think you are bro, but what does this say to you. To me it says, these shares aren't going anywhere and are staying within the company.

"In light of these changes, the Corporation has also applied for an increase to its Authorized share capital, to 11 billion from the current 5 billion shares. This does not directly increase the public float, or total number of shares currently outstanding."
 
Posted by cottonjim on :
 
quit bashing, LMAO..
 
Posted by KP on :
 
It doesn't say anywhere that these shares are going to being available for purchase.
 
Posted by SherriT on :
 
Has anyone else noticed that we are nearing a centerline cross on the weekly MACD here?
 
Posted by SherriT on :
 
Hey .001/.0011 - come on EOD run! LOL
 
Posted by dacollecter on :
 
Posted by: Allinxxl1968
In reply to: brackep who wrote msg# 13602
Date:2/28/2007 4:44:11 PM
Post #of 13702

***** READ THIS IMPORTANT ***** No reverse split they say after the cusip change. So far they havent lied on anything so I cant see why they would now? Said another news on Forex in the AM. There seems to be 2 forces at work there. 1 is the Forex which is clearly run by Richard Scacantan and their core Payday license and lending business by Garr WInters.

Said they may do 2 PRs a day starting next week 1 on Winters activities one on Scacatans. I get the sense there will be 3rd force in play once they button up Global and Jack Chang focuses on the E Wallet and ATM. So far IR confirmed 2 but is hinting at 3. I did call Nevada and they confirm it is $35,000 to do filing. They did 11 filings. Thats like $385,000 compared to $35,000 they paid! Traders this company just saved YOU and ME $350,000 and we repay them by panicking and selling like mad? HATS OFF TO THE MANAGEMENT!!! Good work!

Now..... I also inquired about the 40% drop in value today and so forth. IR says "Dont sell at 40% discount in the market. we will buy all CHNW stock back at a 40% discount DIRECTLY!" "Sell it back to us please!"

I asked how IR said "We wont do electronic purchases, we did that and it gets us nowhere" the way Cash Now will buy is:

1) email the company that you want to sell at a 40% discount on the day cert is received or the day of your request and signed agreement. whichever offers the true 40% discount.

2)Call your stock in a certificate format from your broker.

3)Mail in your cert by certified mail att Garr Winters with a stock power and your bank wire info

4) they say they will wire the $$$ within 3 business days.Said they have backers that will fund the purchase 40% discount no questions asked.

I said OK I want to sell you my position and he said OK do what I told you and lets get it done. We are OK for a buy back up to about 1.5 billion over the next 18 months. Again reminded me that they have backers and wanted to get the ball rolling immediately! Not that I'm going to sell but he sounded sincere and wanted to get the ball rolling ASAP!

So if anyone wants to jump ship and cant unload their stock at the price they want heres a quick exit. Now I did some math here. We are at 001 today. That means they are prepared and ready to buy 75% of the current float! (1.5 over say 2 billion) That would LEAVE A FLOAT OF 500 million!!! the kicker is the company says that about 50% of that is in friendly hands meaning non bashers flippers scalpers etc...

Theres a reason why they authorized more stock and theres a reason (obviously they have backers) to buy back at a discount. They will make money both ways!

Im not making this up! Call the company or e mail them! They will make you jump hoops till they are certain you are a shareholder and then they will make the pitch to grab as much stock as they can at a deep discount!!

2 PRs a day traders! 2!!!!! Plus how transparent they are for a pink sheet company, plus plus plus!!

I have close to 150 million shares now and no private account so I cant respond to private messages, nor do I want to. Now I can see why they went with a huge float, these guys are going shopping!!For those of you that dont know what that means It means all the stock they issue will be restricted for almost 2 years for whatever they buy. Buy assets= revenue= higher PPS= soon they will hit that penny value the CEO wants to hit!

lastly at 001 and 11 billion float makes them an 11 million $$ company. There are services like networksolution that appraise domains. My sources say the 3 cashnow domains org net and com are close to $800,000. The trust vault www.trustvault.com can be built or reverse engeneered for about $500,000. The booking engine on cashnow.net is uncertain but sources say it is real time technology and theres nothing out there under 2 millon $$$ for real time technology. Traders so that means over 10 to 15% of this companys assets are on line and "tech".

I think I wore out my welcome mat with the IR. Hes asking if I or we can locate another publicly traded Forex company other then ICE thats like $140.00 a share. If we can find one he says watch where they are what their float is and what their p/s is. (I think he knows of one or two and is toying with us, and that they are either going to merge into that company or buy that company hence the new OS to do it with)

I wouldnt be surprised if the next 3 or 4 days they come out with this news and offer us all like a 50% bonus like 0.0015 or something like that) This is my assesment and my opinion only!

Im staying Long with CHNW!!!!
 
Posted by bobcat88 on :
 
This is gonna be a wild ride!
 
Posted by doubleS on :
 
still holding this
 
Posted by tmanfromtexas on :
 
KP it doesnt say that they are restricted either. The only restricted stock will be to the owners etc. The rest of the A/S can be sold into the market without notification to share holders. Pinks do it EVERYDAY! TMAN...
 
Posted by Humbleman on :
 
I'm in 2.5 millions shares.. ahhhhhhhhhhhhhh
 
Posted by paulbest on :
 
quote:
Originally posted by Humbleman:
I'm in 2.5 millions shares.. ahhhhhhhhhhhhhh

whats that $900?
I knew well to avoid this POS.
 
Posted by Rex on :
 
Don't forget it has the curse of the #1 board at I HUB - First SLJB then CKYS now CHNW. GLTA. You gotta ask yourself if you're drinking the kool-aid or does she still have legs. I'll be watching from the sidelines.
 
Posted by dacollecter on :
 
quote:
Originally posted by paulbest:
quote:
Originally posted by Humbleman:
I'm in 2.5 millions shares.. ahhhhhhhhhhhhhh

whats that $900?
I knew well to avoid this POS.

Are you calling it a pos because i am in here? how is it a pos, explain. Just because it has a day of consolidation right after it jumped up largely yesterday doesn't mean that.
 
Posted by tmanfromtexas on :
 
I wonder why Paul wasnt here calling it that when it was up over 400%? LOL!!! DA, do you two have a history? LOL TMAN...
 
Posted by paulbest on :
 
risky looking chart if you ask me. "400%" but how many folks lost before it went up. The time slot of "400%"/MM's spread may not have allowed that margin, unless you got lucky at the peak point. which no doubt lasted about 5 minutes
lol

i called this a POS months ago, I'll stick to it

http://stockcharts.com/h-sc/ui?s=chnw
 
Posted by IMAKEMONEY on :
 
YOU CALLED NOTHING, EVERY PINK IS A SCAM, YOU GOT TO PLAY THE HYPE AND OR RUN/PRs, HOW MANY TIMES YOU GONNA BE WRONG BOY?
 
Posted by dacollecter on :
 
quote:
Originally posted by tmanfromtexas:
I wonder why Paul wasnt here calling it that when it was up over 400%? LOL!!! DA, do you two have a history? LOL TMAN...

Not really, just that I recommended him to buy pypr when it was running back in September. He made some wrong moves and lost a bit [Frown] . Ever since then it seems he bashes almost every penny stock. I have no problem with him, hes just trying to learn.
 
Posted by IMAKEMONEY on :
 
dacollecter THEN LET HIM LEARN, MY DOGS GOT THIS DOWN BETTER.LOL
 
Posted by tmanfromtexas on :
 
Paul, look at the chart dude, last week it was at .0003. yesterday it was traded at .0015 all day. people that wanted out had the opportunity to make 400%! HELLO! this isnt GE. its a pink. duh. If you had put 1000 bucks in this when it was at 3, you could have sold for a 3500 profit in a week. What the heck else could you ask for. shhhsshhhshshshshhs! TMAN...
 
Posted by a surfer on :
 
quote:
Originally posted by IMAKEMONEY:
dacollecter THEN LET HIM LEARN, MY DOGS GOT THIS DOWN BETTER.LOL

LMFAO...... Like I said earlier, I don't care about the facts just give me the rumors and hype.

Facts and news kill pinkies....

Rumors of news drives the price
 
Posted by dacollecter on :
 
quote:
Originally posted by a surfer:
quote:
Originally posted by IMAKEMONEY:
dacollecter THEN LET HIM LEARN, MY DOGS GOT THIS DOWN BETTER.LOL

LMFAO...... Like I said earlier, I don't care about the facts just give me the rumors and hype.

Facts and news kill pinkies....

Rumors of news drives the price

I heard there is going to be a significant press release tomorrow(rumor). Usually when this person tells me, they are right 100% of the time. I still believe CHNW could do so much more,JMHO.
 
Posted by RedRabbit on :
 
Still riding on free shares. There are way too many cards left to be dealt to fold now. Too many target dates to look forward to.

March 15th Cusip change
April 2nd Forex site goes live

And lots of rumored "good news" between now and then. It really doesn't matter how crappy a company is if you play it right, but imo this is not a crappy company atm.
 
Posted by Lexluthor on :
 
Humm so correct me if im wrong, but now seems like a good time to load up...
 
Posted by dacollecter on :
 
quote:
Originally posted by PCola77:
where'd that short squeeze info come from?

People are talking about a short squeeze. 1 Billions shares short, which can be read from this **** post.

http://www.antandsons.com/2007/02/revisiting-cash-now-corp.html
 
Posted by topharlem on :
 
this will be $1.00 soon!!!!
 
Posted by iwannna on :
 
News again......


Press Release Source: Cash Now Corporation


Esprit Financial Group Inc (formerly Cash Now Corporation) (CHNW.PK) Identifies Several Forex Broker-Dealer Acquisition Opportunities
Thursday March 1, 6:00 am ET


LAS VEGAS, March 1 /PRNewswire-FirstCall/ - Esprit Financial Group Inc (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.cashnow.com (DBA Cash Now) is a public company engaged in the operation and licensing of a comprehensive suite of Internet based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system.
ADVERTISEMENT


Esprit has identified several Broker-Dealers that may fit into Corporate plans in regards to the launch of its Forex trading service. The intent is to achieve vertical integration, and to maximize revenue streams derived from the Forex division.

Forex division manager Richard Sciacchetano advised; "Our search for suitable broker-dealer acquisitions is unfolding a little faster than anticipated. We are in discussions with these candidates, and are evaluating a variety of approaches that will provide the Company with broker-dealer service capabilities under our Corporate umbrella. Our first priority continues to be the successful launch of our Introductory Broker (IB) Forex trading system, now anticipated to launch as early as April 2, 2007. This, in and of itself, is a huge opportunity. We need to be ready to scale up Forex operations quickly, as there has been a lot of interest expressed from the market already."

Garr Winters, Esprit CEO adds; "We need to proceed in a methodical and comprehensive manner as we bring this new Forex division online. The priority must remain on being fully prepared as a Corporation for the launch the IB Forex trading service first. Having said that, Richard will be traveling to New York later next week to continue discussions and begin due diligence procedures as appropriate. However, we do not plan on nor foresee consummating any deals until we are up and running with our IB Forex service, and have successfully completed the changeover to Esprit Financial Group Inc. Past experience has taught us well, meaning not to rush to the market with an unfinished or a buggy product. Our goal is to ensure that we not only offer the most transparent, real-time trading pass-through trading capability for active day traders, but also to ensure a problem free user experience."

"As of this point in time, the Corporate name change is effective and duly registered. All future releases will be issued under the Esprit Financial Group Inc. name. The completion of this process will see us receiving a new ticker symbol and CUSIP number. As previously announced, our corporate transfer agent has advised management that the symbol name change and new CUSIP number should become effective on or about March 15th, 2007."

On a separate note, Mr. Winters added; "There seems to have been some speculation that we are planning a stock split or a stock reversal in the near future. Let me be as clear as I can on this issue, there are no such plans to do this. We have increased the number of authorized shares in Esprit to allow us to pursue acquisitions as appropriate within our Corporate vision and objectives. I think we've proven to be pretty good horse traders so far, and shareholders can be assured that any acquisitions will add value to the Company, rather than diluting it. We remain committed to our shareholders and increasing shareholder value in the company."

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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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
 
Posted by a surfer on :
 
On a separate note, Mr. Winters added; "There seems to have been some speculation that we are planning a stock split or a stock reversal in the near future. Let me be as clear as I can on this issue, there are no such plans to do this. We have increased the number of authorized shares in Esprit to allow us to pursue acquisitions as appropriate within our Corporate vision and objectives. I think we've proven to be pretty good horse traders so far, and shareholders can be assured that any acquisitions will add value to the Company, rather than diluting it. We remain committed to our shareholders and increasing shareholder value in the company."
 
Posted by tmanfromtexas on :
 
Speaking of the TA, does anyone have a number to contact them. Not IR. I would like to find out the O/S shares as of yesterday. I tried to find a number last night but was not successful. Thanks in advance. TMAN...
 
Posted by SherriT on :
 
So just what are we gonna do here today boys and girls?
 
Posted by bobcat88 on :
 
Hold, wait for the shorts to try and cover before the ticker change. April 2'nd also should be the go live day for the forex site.
 
Posted by a surfer on :
 
there is money to be made flipping this...

If you have the kohones......
 
Posted by brackep on :
 
CHNW upticking ...

0.0010[1] x 0.0012[1]
NITE is at 0.0021
 
Posted by brackep on :
 
0.0011[1] x 0.0012[1]
 
Posted by brackep on :
 
0.0011 x 0.0013
 
Posted by brackep on :
 
0.0012 x 0.0013
 
Posted by ohio_trader on :
 
one of the hottest pinkies in the last 2 weeks, buried on page 2.....huh?

up 37% today


i know yesterday wore everybody out, but this stock has a lot of run left in it

IMO

**do your homework**
 
Posted by brackep on :
 
chnw is just started trading imo :-)
 
Posted by a surfer on :
 
50 transactions at the ask and they lower the bid...lol
 
Posted by dacollecter on :
 
slow day, looks like we may be basing at .0009/.001.
 
Posted by surgeon of steel on :
 
Esprit Financial Group Inc (formerly Cash Now Corporation) (CHNW.PK) Announces Completion Date For Revised Cash Now Payday Loan Software and Trust Vault On Line Customer ServiceLast update: 3/2/2007 2:09:00 PMLAS VEGAS, March 2, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit Financial Group Inc (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) (DBA Cash Now) is a public company engaged in the operation and licensing of a comprehensive suite of Internet based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system. Cash Now, is pleased to announce that its next-generation e-commerce and back-office software systems for the payday loan and check cashing industry for it's core business, is expected to come online within the next 90 days. The software company hired to complete this task is well on schedule, and have integrated previous work completed into the new platform. This platform upgrade will enable the Company to transact live processing in the various International markets for which it has recently announced licensing agreements. In addition, the new upgrade will work in concert with the company's EM2 or e-wallet and Check21 financial services, that affect primarily the USA and Canadian markets. Key International markets for which the new software will be upgraded include the Asian markets, specifically China, Japan, and Australia. The upgrade is designed to allow the Company to add new language and currency modules, rate calculations and loan contracts, without extensive reprogramming to the core system. CEO Garr Winters notes: "This is a vital component for our core payday loan business operations. The International markets are key to our continued growth, and this new version will make Cash Now a leader of the pact for the USA and Canadian markets. The new platform will support new markets as the Company continues to sign master license agreements for a growing list of International opportunities. The Payday Loan business industry is still in its infancy in many of these markets. The regulatory environment in most of these markets is much more friendly to the industry in general. By providing "best of breed" software solutions for foreign market participants, we are bullish on the impact this will have on our core business by the latter part of the year". Winters adds; "We had de-prioritized International expansion in the last couple of quarters. We felt it prudent to put this new system in place in order to let our international master licensees to get a running start in their respective markets. Frankly, we felt that is was worth rebuilding the software completely, rather than trying to modify our legacy systems. We have always strived to have the very best software in the payday loan industry. With the dynamic growth of new Internet technology and programming capabilities, we felt the time was right to build on all our previous experience and match that with the best new technology platform that will carry the Company forward well down the road". The new website will have full e-commerce capability, a new and upgraded vault system, and will feature a virtual sales person pointing end users to the various financial products offered online. Importantly, our new Forex trading capabilities will also be incorporated into the new website once it is launched. The various sub prime financial services will include;
- Payday Express: Our payday loan license program. - Check Express: Our payday loan and check cashing license. - Forex Trading Service: Cash Now's upcoming Forex trading platform. - EM2 Electronic Wallet called the EM2 (Electronic Money Management).This update and upgrade is being funded by Cash Now's current operating capital. Winters also added, "This is a very dynamic time in the Company's history. The variety of new initiatives will essentially re-invent the Company as a fully diversified online Financial Services company. As we look down the road toward the latter part of the fiscal year, once all these programs are contributing to our top-line revenue, I think we will have a very lean, efficient machine that will leverage the upfront investment in high-technology to generate very attractive gross margins and cash flow". About Esprit Financial Group Inc. Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested. Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers. 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 Esprit Financial Group
 
Posted by bowlegtroy on :
 
Sorry to post the news twice, but the way yours came out is really hard to read!

Esprit Financial Group Inc (formerly Cash Now Corporation) (CHNW.PK) Announces Completion Date For Revised Cash Now Payday Loan Software and Trust Vault On Line Customer Service
2:09p ET March 2, 2007 (PR NewsWire)
Esprit Financial Group Inc (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.cashnow.com (DBA Cash Now) is a public company engaged in the operation and licensing of a comprehensive suite of Internet based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system.

Cash Now, is pleased to announce that its next-generation e-commerce and back-office software systems for the payday loan and check cashing industry for it's core business, is expected to come online within the next 90 days.

The software company hired to complete this task is well on schedule, and have integrated previous work completed into the new platform. This platform upgrade will enable the Company to transact live processing in the various International markets for which it has recently announced licensing agreements. In addition, the new upgrade will work in concert with the company's EM2 or e-wallet and Check21 financial services, that affect primarily the USA and Canadian markets.

Key International markets for which the new software will be upgraded include the Asian markets, specifically China, Japan, and Australia. The upgrade is designed to allow the Company to add new language and currency modules, rate calculations and loan contracts, without extensive reprogramming to the core system.

CEO Garr Winters notes: "This is a vital component for our core payday loan business operations. The International markets are key to our continued growth, and this new version will make Cash Now a leader of the pact for the USA and Canadian markets. The new platform will support new markets as the Company continues to sign master license agreements for a growing list of International opportunities. The Payday Loan business industry is still in its infancy in many of these markets. The regulatory environment in most of these markets is much more friendly to the industry in general. By providing "best of breed" software solutions for foreign market participants, we are bullish on the impact this will have on our core business by the latter part of the year".

Winters adds; "We had de-prioritized International expansion in the last couple of quarters. We felt it prudent to put this new system in place in order to let our international master licensees to get a running start in their respective markets. Frankly, we felt that is was worth rebuilding the software completely, rather than trying to modify our legacy systems. We have always strived to have the very best software in the payday loan industry. With the dynamic growth of new Internet technology and programming capabilities, we felt the time was right to build on all our previous experience and match that with the best new technology platform that will carry the Company forward well down the road".

The new website will have full e-commerce capability, a new and upgraded vault system, and will feature a virtual sales person pointing end users to the various financial products offered online. Importantly, our new Forex trading capabilities will also be incorporated into the new website once it is launched. The various sub prime financial services will include;

- Payday Express: Our payday loan license program. - Check Express: Our payday loan and check cashing license. - Forex Trading Service: Cash Now's upcoming Forex trading platform. - EM2 Electronic Wallet called the EM2 (Electronic Money Management).

This update and upgrade is being funded by Cash Now's current operating capital.

Winters also added, "This is a very dynamic time in the Company's history. The variety of new initiatives will essentially re-invent the Company as a fully diversified online Financial Services company. As we look down the road toward the latter part of the fiscal year, once all these programs are contributing to our top-line revenue, I think we will have a very lean, efficient machine that will leverage the upfront investment in high-technology to generate very attractive gross margins and cash flow".

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group Inc.

Cash Now Corporation, Tel 1-888-224-9641, cashnowcorp*cashnow.com, URL: http://www.cashnow.com
http://www.prnewswire.com
 
Posted by madmoney on :
 
yesterdays news anyway!!
 
Posted by bowlegtroy on :
 
quote:
Originally posted by madmoney:
yesterdays news anyway!!

How so? Is there something I missed in the rumormill? [Eek!]
 
Posted by dacollecter on :
 
quote:
Originally posted by madmoney:
yesterdays news anyway!!

Seems they announced a time frame for their "trust vault."
 
Posted by ohio_trader on :
 
about 15 minutes ago 3 mm signals went by...

100 means mms need shares
100 " "
200 mm's need shares,bad lot of order and can not cover

i think mm's are drying up alittle and pressure to take it back up

IMO
 
Posted by jgygli on :
 
An email from the company:

----- Original Message -----
From: Cash Now Corp
To: jgygli
Sent: Friday, March 02, 2007 4:23 PM


Thanks for your e mail

Answer to Q's:

1. name and Cusip by March 15. Its out of our hands and in the hands of the transfer agent. We hope that they deliver on time as theres nothing we can do there.
2. Better financials meaning making $$$? Well if we didnt start Forex and just stuck to paydays we be in the black. We are building Forex to add $$$ revenue
3.We have allot of contracts in place and some forbid announcements altogether, but if one reads between the lines you will see them and some will be released over time and as different levels are me. This is a building process.

OTCBB is in the works will take us 2 yrs to get there, unless we merge with an OTCBB, or Nasdaq company and by default we are then an OTCBB, or Nasdaq company. I think Garr already mentioned that he is hunting for a OTCBB, or Nasdaq company so theres nothing new there.

Lastly the town hall will be up very soon. We are building it on www.espritfinancialgroup.com The Forex and Cash Now payday is our #1 priority but will be delivered. The NOBO list shows 1 billion short! We received 4 warnings of lawsuits if names are mentioned. We choose to focus on our business rather then fight lawsuits thats why we did no PR on this. Garr is in FL and Georgia next week to meet with 2 MM who say they will support the stock (Garrs pitching them to do that). Richard is in NY to snag a For4ex dealer but you know that already. There is lots happening and we think its all coming together.

You know that Garr is in charge of Payday sale, Richard is Forex, Jack Chang will be ATMS and eWallet, thats 3 seperate revenue streams that will kick in and drive this not 2 as some think. Theres 2 other revenue streams but they are looking for management to head those divisions.

Hope this assists and thanks for your support

Cheers
 
Posted by dacollecter on :
 
Wow, they sound very honest.
 
Posted by ohio_trader on :
 
IMO

current spread indicator this is ready to go back up

price .0012
bid .0011
ask .0013

the games mm's play, next run we blow past .002
 
Posted by dacollecter on :
 
The gap closed. .0011(2)x .0012(1)
 
Posted by ohio_trader on :
 
i need this to run today so i can hit the trifecta

EVSA,BHWF, and CHNW

if they all 3 hit it pays nice [Smile] [Smile] [Smile] [Smile]
 
Posted by ohio_trader on :
 
ask at .0015, gettin ready to go
 
Posted by ohio_trader on :
 
just printed .0015

any volume and we go
 
Posted by ohio_trader on :
 
nobody in this any more

ask .0015
price .0015
bid now .0014

up 36%
 
Posted by MichaelAdamGreen on :
 
I'm pretty new to investing - is anyone willing to explain all of the abbreviations used on this website/forums...

For example:


IMO
R/S
EOD

- I'm so confused... Please help if you have time and add some common ones that I'm missing. Thanks!
 
Posted by ohio_trader on :
 
IMO in my opinion
R/S reverse split
EOD end of day
 
Posted by doubleS on :
 
riding free shares waiting on that .01
 
Posted by RagingBull on :
 
weeeeeeee = stock that is moving higher
HOD = high of the day
chnw = buy me now
 
Posted by doubleS on :
 
with the name/cusip change coming by march 15th this should start building momentum
 
Posted by dacollecter on :
 
good close!
 
Posted by jgygli on :
 
Rumor has it there will be a PR in the AM.
 
Posted by a surfer on :
 
quote:
Originally posted by jgygli:
Rumor has it there will be a PR in the AM.

Esprit Financial Group Inc. (formerly Cash Now Corporation) (CHNW.PK) Receives A Green Light to Finalize Global Visions Holdings, Inc. (GLOBAL)
Tuesday March 6, 7:00 am ET


LAS VEGAS, March 6 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.cashnow.com (DBA Cash Now) is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system.
ADVERTISEMENT


Esprit has also been working with Mr. Jack Chang, Global's CEO, to begin offering that company's e-wallet prepaid debit card system and electronic money management (EM2) system. Founded in August of 2002, Global is a developer and worldwide wholesale marketer of a new generation of prepaid (also known as "Stored-Value") financial payment products and services.

Esprit is pleased to announce that Jack Chang, founder of Global, will be visiting Cash Now's office later this week to resume final discussions with Esprit's CEO Mr. Garr Winters regarding the acquisition of Global by Esprit, and general business plans moving forward.

A hostile takeover attempt of Global was recently rebuffed, with the assistance of Esprit. With the satisfactory conclusion of this challenge, the companies will now resume the final stages of negotiation, and implementation of Jack Chang as an executive of Esprit and Jack's role with Cash Now.

Garr Winters, Esprit's CEO, advises, "We have always had an excellent relationship with Jack Chang. We are glad to have been of assistance in clearing up the hostile takeover attempt, and look forward to meeting Jack to complete negotiations."

Winters added: "We are excited about expanding our financial services to include Global's EM2 system. This product has widespread application for payroll, international trade, multi-level marketing and more. In addition the EM2 can be implemented in other applications developed by Cash Now and almost ready for the market. This fits perfectly within our product portfolio, and Jack himself is simply an amazing talent, having been a co-developer of ATM machines among his various inventions."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) is anticipated to be available in the near future. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account), in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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: Esprit Financial Group Inc.
 
Posted by iwannna on :
 
great news, this should fly today.
 
Posted by ohio_trader on :
 
solid buying since the bell opened
 
Posted by fryyguyy on :
 
WE need alittle more volume to get us going.
 
Posted by onemorehit on :
 
Finally filled my order in 2 parts * .0012. Waiting since pre market opening.
 
Posted by ohio_trader on :
 
quote:
Originally posted by onemorehit:
Finally filled my order in 2 parts * .0012. Waiting since pre market opening.

-------------------
oh, so your bringing the price down....j/k....lol
 
Posted by onemorehit on :
 
[Big Grin] sorry, but I sold my ECFL today to get into this
 
Posted by dalton05 on :
 
Now we will see how this does now that the dust is starting to settle.
 
Posted by jgygli on :
 
NEWS OUT!!!

CHNW (.0012) CEO Garr Winters to attend the International Futures Industry Association (FIA) conference

PR Newswire "US Press Releases "

LAS VEGAS, March 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.cashnow.com (DBA Cash Now) is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system. The company today announced that its CEO Garr Winters will attend the International Futures Industry Association IFIA conference in Boca Raton, in support of the Company's new Forex Trading division.

FIA is the only association representative of all organizations that have an interest in the futures market. It is estimated that FIA members are responsible for more than 80% of the customer business transacted on U.S. futures exchanges.

As one of FIA's premier events, the 32nd Annual International Futures Industry Conference, running from March 14th-17th, is host to an influential audience of 800 senior-level futures industry professionals, brokerage executives, technology and operations officers, exchange officials, money managers, and public policy leaders - including members of Congress, regulatory officials and congressional staff. Delegates from more than 30 countries attend this annual event.

Esprit's CEO Garr Winters noted: "This is an excellent opportunity for Esprit to get the pulse of the Futures market. All of the key players will be there, and we will be able to identify potential strategic partners, new technology, build relationships and further strengthen our position as we enter this dynamic market."

About Esprit Financial Group Inc.

Esprit Financial Group Inc. (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

SOURCE Esprit Financial Group Inc.
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc.(ESPRIT) (formerly Cash Now
Corporation) (CHNW.PK) today announces launch of International Web
Marketing Campaign, For Its Core Payday Business.)


LAS VEGAS, March 7, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit
FinancialGroupInc. (ESPRIT) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company
engaged in the operation and licensing of a comprehensive suite ofInternet-basedpayday loan and check cashing software and private label back end
office systems for the sub prime market. Additionally, the Company is in
thelatedevelopmental stage of offering an innovative low cost online Introductory
Broker (IB) Forex trading system.The Payday Loan division will be launching a major online marketing
campaign insupportof its core Payday Loan licensing products. The campaign will see Cash
Now advertising on a wide selection of portals relating to businessopportunitiestargeting entrepreneurs looking for a proven, viable business
model.The multi-faceted program will include campaigns through major franchise
opportunity portals, such as Franchise.com, Franchisegator.com andFranchisesolutions.comto name a few. This will include banner ads, newsletter
advertising, email marketing and more. In addition, the Company will ramp
up itssearchEngine Optimization (SEO) programs and Pay Per Click campaigns on the
major search engines.CEO Garr Winters noted; "As I noted in my open letter to shareholders in
February, Cash Now is firing on all cylinders again. We are negotiating
andcoordinatingadvertising packages with each major web portal, leveraging the
various ad properties each has developed. The Campaign will be in full
roll outbymid-April, as we develop and deploy all the individual marketing
initiativesona wide variety of sites. With our new Software platform coming online
withinthenext 60 -90 days, we will be able to support international market
opportunities more aggressively".Winters added; "We have had proven success with this type of marketing in
thepast,and we are in a great position to aggressively grow licensing revenue from
our core products. Furthermore, we will have excellent cross-marketingopportunitieswith product services from some of the new divisions coming
online. In particular, our upcoming EM2 electronic wallet/prepaid debit
cardservicesare an excellent fit for our customers".

About Esprit Financial Group Inc.Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer
in thepaydayloan industry, and continues to develop the most comprehensive menu of
services in the cash advance industry and will retain the Cash Now brand
formanyof these services. The company's proven business model includes licensing
to corporately operated locations across the U.S. and Canada, as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.The Company is currently in the process of expanding its product portfolio
bybringinga retail Forex trading platform to market, targeted to seasoned day
traders. The Beta test site has now been launched, with a full-service
roll-outtofollow once the platform has been successfully tested.
 
Posted by boneyardjeep on :
 
sounds good to mee, when do we make the bacom????
 
Posted by boneyardjeep on :
 
bacon
 
Posted by MichaelAdamGreen on :
 
So what happened to this stock? Is it going to go back up like last week? Or are we staying in the .0009-.0011 range until April when the new website tool is released?
 
Posted by brackep on :
 
Esprit Financial Group Inc.(ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) today announces its intention to List Shares on Frankfurt Stock Exchange
Friday March 9, 6:00 am ET


LAS VEGAS, March 9 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system.
ADVERTISEMENT


Esprit (CHNW.PK) is extremely pleased to report that it has started the process of listing on the Frankfurt Stock Exchange ("FWB"). The company expects the shares to be trading on the FWB within the next 45 to 60 days.

Garr Winters CEO of Esprit stated, "There are a large number of small cap, micro cap or similar type of companies that have received substantial exposure by listing on the Frankfurt Exchange. We feel Esprit would garner similar coverage once we become listed. Now that we have our Forex operations about to commence, on April 2 2007 together with our core payday loan software licensing business, and our Internet marketing campaign which should be in full force and effect by April 15 2007 together with our e-wallet product, named EM2 (Electronic Money Management) that continues to be developed; the timing to obtain additional exposure is just about as perfect opportunity as we can get. We feel that gaining exposure on the Frankfurt Exchange will have a major impact on the company's ability to gain new corporate or institutional and private shareholders, and it may assist us a great deal in increasing shareholder value. The European market has a large appetite for North American micro cap or small cap companies, and on line companies. With our soon to be launched Forex product line we feel that this is a desirable time to participate in this market."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by tmanfromtexas on :
 
I aint bashing but why dont they try and do something here for the shareholders in the states. It would seem that they would be better serving their "loyal shareholders" by providing audited financials and uplisting to the otcbb. Any thoughts? TMAN...
 
Posted by mindspin311 on :
 
0011x0012. Bid was at 0010 forever before this. Starting to move.
 
Posted by ohio_trader on :
 
getting back some momo....
 
Posted by djjr on :
 
this week will be good imo. cusip change on or before the 15th. we should see a nice jump.
 
Posted by mindspin311 on :
 
Hoping to see good movement this week. I figure it will definitely go up in April though when they premier the new website.
 
Posted by KP on :
 
this company is going to make alot of us some substantial amounts a hard cash (no pun intended) in the very, very near future. I am glad I invested in this company over a year ago.
 
Posted by mindspin311 on :
 
quote:
Originally posted by KP:
this company is going to make alot of us some substantial amounts a hard cash (no pun intended) in the very, very near future. I am glad I invested in this company over a year ago.

Just wish I didn't have unsettled funds, or I'd buy more of this.
 
Posted by MichaelAdamGreen on :
 
kicking myself in the butt for only buying 1,000,000 shares at .0003, just picked up 500,000 more at .001
 
Posted by HerbL_Remdy on :
 
had 5 mil shares at .0001, flipped 2.5 mil at .0004, but was soon too busy, so girlfriend was supposed to place a "buy" order for 2.5 mil more at .0002, but instead accidentally hit "sell" and SOLD my remaining shares for .0002 when ask was .0004. kinda sunk my battleship. still watching though, and may get back in after i get out of glxi
 
Posted by HerbL_Remdy on :
 
as it stands now, 75.18% profit in glxi
 
Posted by mindspin311 on :
 
how long do funds take to settle on pinks? Is it the same as a dow/nasdaq?
 
Posted by bobcat88 on :
 
3 days
 
Posted by mindspin311 on :
 
so no pk trading until wed. [Frown]
 
Posted by MichaelAdamGreen on :
 
500% profit in CHNW... is it too late to get into GLXI?
 
Posted by brackep on :
 
chnw getting ready
 
Posted by mindspin311 on :
 
0011X0012, Volume pushing 130M, way up today...

Gonna move good tomorrow IMHO.
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc. (ESPRIT) (CHNW.PK)
Announces Completion Of Its Agreement with Mr. Jack Chang)


LAS VEGAS, March 13, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit
FinancialGroupInc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK)
www.cashnow.com is a public company engaged in the operation and licensing
of acomprehensivesuite of Internet-based payday loan and check cashing software and
private label back end office systems for the sub prime market.
Additionally,theCompany is in the late developmental stage of offering an innovative low
cost online Introductory Broker (IB) Forex trading system.The company today announced that it has completed and finalized its
employmentandcontractual agreement with Mr. Jack Chang. Mr. Chang is the current in
transition CEO of Global Vision Holdings Inc. Mr. Jack Chang is the
co-inventorofthe ATM machine and a pioneer in the use of magnetic strips on bankcards
andelectronicfunds transfer systems. He is an early developer of bankcard related
products/services, EFTS (Electronic Funds Transfer Systems) and provider
ofmodern-daybank payment systems with a client list comprising more than 100
financial institutions worldwide.Garr Winters, Cash Now's CEO, said, "We are extremely pleased to have
broughtJackon board with Esprit. Jack brings a wealth of knowledge and experience to
our organization. Jack will be in charge of our e-Wallet electronic moneytransferdivision (e-wallet) debit card services and ATM services, and he will
head that division." The company also plans on opening up a small regional
typeofficein San Diego, California, with a couple of support staff, where Mr. Chang
will work out of continuing to develop vendor and bank relationships inpreparationof the launch of the product lines managed by Mr. Chang.

About Esprit Financial Group Inc.Esprit Financial Group Inc. (formerly Cash Now Corporation) is a pioneer
in thepaydayloan industry, and continues to develop the most comprehensive menu of
services in the cash advance industry and will retain the Cash Now brand
formanyof these services. The company's proven business model includes licensing
to corporately operated locations across the U.S. and Canada, as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.The Company is currently in the process of expanding its product portfolio
bybringinga retail Forex trading platform to market, targeted to seasoned day
traders. The Beta test site has now been launched, with a full-service
roll-outtofollow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic MoneyManagement),continues to be developed. This stored value card allows customers
to transfer cash value without having to issue checks. Employers can use
it topayemployees (of great benefit for hourly workers who may not have a bank
account); in multi-level marketing organizations, as well as facilitatingelectronicfund transfers.
 
Posted by onemorehit on :
 
This is great news!! Pre-market buys already going up!!!
 
Posted by mindspin311 on :
 
Hoping this finally puts this beyond .0012
 
Posted by mindspin311 on :
 
Where did this news come from? I can't find it on yahoo, scottrade, or pinksheets.com. Anyone have a source?
 
Posted by bobcat88 on :
 
quote:
Originally posted by mindspin311:
Where did this news come from? I can't find it on yahoo, scottrade, or pinksheets.com. Anyone have a source?

http://biz.yahoo.com/prnews/070313/to425.html?.v=14
 
Posted by mindspin311 on :
 
Thanks bobcat

0012x0013 [Smile]
 
Posted by onemorehit on :
 
We just can't seem to break that .0012 wall!!! [Mad] [Mad] [Mad]
 
Posted by MichaelAdamGreen on :
 
It broke .0012 today for a little while... Let's get this back up to say... .0016-.0018 and I'll be good. I keep hearing good things about the first week of April...
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc.(ESPRIT) (CHNW.PK) Marks May
15 2007 As A Launch Of The UK And European Forex)


LAS VEGAS, March 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit
FinancialGroupInc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK)
www.cashnow.com is a public company engaged in the operation and licensing
of acomprehensivesuite of Internet-based payday loan and check cashing software and
private label back end office systems for the sub prime market.
Additionally,theCompany is in the late developmental stage of offering an innovative low
cost online Introductory Broker (IB) Forex trading system.Today the company announced that it plans to launch on May 15 2007 a web
siteaimedat a European and UK target market on its corporate domain
www.cashnow.co.uk. Initially the www.cashnow.co.uk will offer service in
Englishlanguageonly, and the primary market will be the United Kingdom. Forex division
manager Richard Sciacchetano has said; "We are aiming to have additionallanguagesfor support and transaction available by the 4th quarter of this year.
These additional languages would be German to complement our Frankfurt
listingandassist our German clients in their Forex trading needs, plus Spanish,
French, Italian, and Scandinavian markets. Our North American launch of
April 22007is still a go and we do not foresee any delays there. The European launch
of May 15 2007 is a natural progression and although the events are
unfolding alittlefaster than we anticipated we are well on our way to meeting all of our
targets and goals we set for ourselves."Garr Winters, Esprit CEO adds; "We are proceeding in a methodical and
comprehensive manner as we bring this new Forex division online. We areapproachinga point where we can see multiple income streams flowing into Esprit
from the Forex operations, ATM operations, Debit Card and e-wallet sales,
andourcore business payday and check cashing software licensing. We see this as
quite exciting times for us as a company."About Esprit Financial Group Inc.

Esprit Financial Group Inc. (formerly Cash Now Corporation) is a pioneer
in thepaydayloan industry, and continues to develop the most comprehensive menu of
services in the cash advance industry and will retain the Cash Now brand
formanyof these services. The company's proven business model includes licensing
to corporately operated locations across the U.S. and Canada, as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.The Company is currently in the process of expanding its product portfolio
bybringinga retail Forex trading platform to market, targeted to seasoned day
traders. The Beta test site has now been launched, with a full-service
roll-outtofollow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic MoneyManagement)continues to be developed. This stored value card allows customers
to transfer cash value without having to issue checks. Employers can use
it topayemployees (of great benefit for hourly workers who may not have a bank
account); in multi-level marketing organizations, as well as facilitatingelectronicfund transfers.
 
Posted by brackep on :
 
excellent news !
 
Posted by mindspin311 on :
 
I can see this hitting 0014 or 0015 sometime today.
 
Posted by mrinos on :
 
yes, I think this stock will go higher. Am watching it.
 
Posted by onemorehit on :
 
0014 maybe, we have been stuck at .0013 all morning!!! [Mad] [Mad]
 
Posted by mindspin311 on :
 
And we were stuck at 0010 just a few days ago. Don't be so impatient. This is growing slowly but surely
 
Posted by MichaelAdamGreen on :
 
it will close at .0013 today, possibly .0014... tomorrow it should close at .0014, possibly .0015, but I'm sure on Friday it will go back down to .0012/.0013 because of its trend over the past few weeks. There is big news for this company and IMO will see a significant run once the FOREX is released. Be patient and flip some shares between .0012 and .0014 while you can.
 
Posted by mrinos on :
 
chart is darn nice though
http://stockcharts.com/h-sc/ui?s=CHNW&p=D&b=5&g=0&id=p
 
Posted by mindspin311 on :
 
If we get up to 0015 or 0016, i might sell, then get back late march if it's back down to 0010 where it should shoot off in april.
 
Posted by mrinos on :
 
ahh such an optimist you are - I hope you are right as I am in this.
 
Posted by MichaelAdamGreen on :
 
...well; sigh, at least we didn't LOSE any money today!
 
Posted by Abe Smith on :
 
im not see'ing anything about this stock that would be worth investing in, unless you're hoping its going to develop something extraordinary in check cashing software!? Im not bashing just putting my 2 cents in...I thought about getting this today but then used a little logic. Plus the chart looks like a lake...I prefer an ocean =p
 
Posted by brackep on :
 
quote:
Originally posted by Abe Smith:
im not see'ing anything about this stock that would be worth investing in, unless you're hoping its going to develop something extraordinary in check cashing software!? Im not bashing just putting my 2 cents in...I thought about getting this today but then used a little logic. Plus the chart looks like a lake...I prefer an ocean =p

I guess you don't invest in stocks, just trade them ? I don't blame you, all I can say is the longs have a winner here ... We will probably see you again surfing the ESPRIT OCEAN in a shortly matter :-)
 
Posted by iwannna on :
 
Abe Smith,

Do Your DD then post.
 
Posted by MichaelAdamGreen on :
 
No, I am holding 1m shares, but play around with another million just for fun. Dear Abe - the 52 week high is .09 and if it makes it to .01 that is a huge profit. Just 2 weeks ago it hit .002 - IMO if you can still get into this at .001-.0011 you have a lot of potential to grow! Thanks
 
Posted by brackep on :
 
NEWS OUT!!!

Esprit Financial Group Inc. (ESPRIT) (CHNW.PK) Announces Mr. Jack Chang Will Travel to West Africa to Expand EM2 System
Thursday March 15, 7:00 am ET


LAS VEGAS, NV, March 15 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and suite of leading edge stored value cards and electronic funds transfer systems - EM2 (Electronic Money Management)
ADVERTISEMENT


The company today announced that Jack Chang, its Director of Operations for the Electronic Funds Transfer Division, will be meeting with a number of major banks in West African countries. They have invited Mr. Chang to assist with the development of non-traditional banking solutions in an economic environment where a majority of the population is unbanked or underbanked. Mr. Chang will be demonstrating proprietary solutions that are actionable in a short time-frame to solve the challenges of these financial institutions. Mr. Chang notes "Approximately 400 million dollars a day in commerce is conducted in these countries through their current systems. Simply put, we see an opportunity to provide the expertise and mechanisms to these clients utilizing our methodology and create scalable solutions that will create a very profitable win-win solution for all concerned."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's EM2 electronic funds transfer (EFT) solutions and stored value card products are ready to be deployed. These stored value cards allow customers to transfer cash, purchase products and services without having to issue checks, or even have a bank account. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by brackep on :
 
CHNW/ESPRIT has the INVENTOR of ATM on board people!
this is one of the HUGE things on CHNW/ESPRIT
 
Posted by mindspin311 on :
 
Not as much movement as I thought with all the PR out past few days.. Been bouncing 0010-0013.
 
Posted by dalton05 on :
 
The Pr's are just informing us what they are going to do - which is a good thing.IMHO when they start talking numbers then this will head higher.
 
Posted by mrinos on :
 
like three dojis in a row as it moves sideways preparing for the next leg up.
 
Posted by brackep on :
 
CHNW again HUGE news:

JACK CHANG accepts stock options rather than cash ... this means a lot !!!

Esprit Financial Group (CHNW.PK) Executive Jack Chang To Be Compensated in Part By Cash And In Part By Stock And Stock Options
Friday March 16, 6:00 am ET


LAS VEGAS, March 16 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low-cost online Introductory Broker (IB) Forex trading system, and the e-wallet product lines named EM2 (Electronic Money Management). This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
ADVERTISEMENT


Today, the company announced that Jack Chang, Esprit's Director of Operations for EM2, will be compensated in part by cash and in part by stock and stock options. CEO Garr Winters noted that: "We remain very bullish on the prospects of the Company, particularly with respect to the new products being launched like our Forex trading service, and the EM2 services that will be managed by Jack exclusively. Some of the previously announced projects that Jack is in the process of bringing to fruition can bring some significant income royalty stream to the company for the next 25 years. This pay structure allows us to maintain a low burn rate, and allows the key executives to share in the future success of Esprit."

Jack Chang is the 3rd executive to accept such a pay package, along with Garr Winters, the company's CEO, and Richard Sciacchetano, Esprit's Forex development manager.

About Esprit Financial Group Inc.

Esprit Financial Group Inc. (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by brackep on :
 
break-out is on the horizon ...
 
Posted by mindspin311 on :
 
Hopefully we can at least touch 0014 today
 
Posted by brackep on :
 
Esprit Financial Group Inc.(ESPRIT) (CHNW.PK) Announces Application to Obtain International Securities Identification Number - ISIN
Friday March 16, 11:30 am ET


LAS VEGAS, NV, March 16 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and the e-wallet product lines named EM2 (Electronic Money Management). This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
ADVERTISEMENT


The company today announced that it has made application through its transfer agent Heritage Trust to obtain an International Securities Identification Number - ISIN number. (ISIN) system is an international standard set up by the International Organization for Standardization (ISO). It is used for numbering specific securities, such as stock, bonds, options and futures. An ISIN code has characters which are alphanumeric, and is structured to include the country in which the issuing company is headquartered, the specific security identification number and a final character acting as a check.

Garr Winters, Esprit's CEO, said "Our primary reason for obtaining an ISIN number is to facilitate our previously announced dual listing on the Frankfurt exchange. Ideally we would like to have this and the Frankfurt listing in place for the launch of our European Forex site launch scheduled on May 15 2007. We also see other benefits to having this ISIN number as we expand our business further internationally."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
 
Posted by dacollecter on :
 
Name change should be on Monday or Tuesday according to the transfer agent. The change is out of company control, they are just waiting on it like us.
 
Posted by Humbleman on :
 
I can't wait!!!!!!!!!!!!!!!!!!!!!!!
 
Posted by jgygli on :
 
This is on the main page of the CHNW Foex website

web page

quote:

You are viewing a beta test site of the Cash Now Forex service.

The Official Cash Now Forex launch date is April 2, 2007

Be the first to trade on our new and exciting platform. Sign up for

the updates at chnw*cashnow.com

Thank you for your interest in Cash Now!


 
Posted by Abe Smith on :
 
Esprit Financial Group Inc.(Esprit) (CHNW.PK) Engages Financial Consulting Firm to Identify OTCBB Company For Merger or Acquisition
LAS VEGAS, March 19 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and has recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/Mastercard branded cards, as well as on online EFT capabilities under the EM2 brand name.

Today the company announced that it has retained a financial consultancy agency to identify opportunities to move up to the OTCBB. The agency, with offices in London, U.K., New York, New York and Toronto, Ontario, will help Esprit identify potential M&A opportunities on the OTCBB. Esprit will evaluate various options to realize shareholder value from its newly diversified suite of financial services.

Garr Winters, Esprit CEO explains, 'With the transformation of the Company to a multi-division financial services company, we feel that its time to move up to the OTCBB. This is inline with our continued efforts to build transparency with shareholders, and reduce the impact of speculative trading in our stock. Frankly, between short-sellers bashing our stocks, and distortion of some of the news we have released to the market, there has been an inappropriate level of volatility in our share prices. We are committed to building long-term value for our shareholders, through sound business practices, expansion of Company activities into complementary financial service areas and strategic acquisitions. It's time to add more stability and less speculation to our market value.'

Mr. Winters added, 'This is a logical next step for the Company, and we will work in concert with our previously announced plans to obtain a listing on the Frankfurt Exchange. We have aggressive plans for the Company, and we are intent on building a sound foundation to support the increased number of revenue streams. I think it has been evident that we are committed to building long-term value. As we advised in a previous announcement, our senior management team is waiving salary in lieu of compensation in restricted stock. We're in this for the long haul.'

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

SOURCE Esprit Financial Group Inc.


Source: PR Newswire (March 19, 2007 - 8:01 AM EDT)
 
Posted by brackep on :
 
this is HUGE !!!!
 
Posted by tmanfromtexas on :
 
If they want to go to the ob why dont they use Changs old ob ticker. Somethings this company does doesnt make sense to me. TMAN...
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK)
Announces Website Content Undergoing Legal Review Prior to Deployment)


LAS VEGAS, NV, March 20, 2007 /PRNewswire-FirstCall via COMTEX/ -- EspritFinancialGroup Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now)
(CHNW.PK) www.cashnow.com is a public company engaged in the operation andlicensingof a comprehensive suite of Internet-based payday loan and check
cashing software and private label back end office systems for the
sub-primemarket.Additionally, the Company is in the late developmental stage of offering
an innovative low cost online Introductory Broker (IB) Forex trading
system, andhasrecently acquired leading edge electronic funds transfer (EFT) products
thatincludedomestic and international prepaid debit and Visa/MasterCard branded
cards, as well as on online EFT capabilities under the EM2 brand name.As a next step prior to bringing the 'Advanced Markets by Cash Now' Forex
website online, the Company has submitted final proposed website content
forreviewby our service provider, to ensure compliance with all regulatory and
legal requirements.Garr Winters, Esprit CEO explains: "The Forex trading environment is a
complexone.We have been working closely with our service provider, Advanced Markets,
over the last few weeks, to ensure all of the website content is in
compliancewithall regulatory requirements. We also want to ensure that all
representations of performance capabilities are accurate. Once all parties
aresatisfied,we will be posting the new content to our beta website. We expect
this process to be completed this week. After final review, we will hook
up thetransactionallinks to take the website live."

Mr. Winters added; "We're taking a very conservative approach to making
sure thewebsiteis absolutely right before switching on the green light for trading. You
only get one chance to make a first impression, and we are not going to
rush theprocess.Importantly, we are on our timeline for an April 2nd official launch
date."About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer
in thepaydayloan industry, and continues to develop the most comprehensive menu of
services in the cash advance industry and will retain the Cash Now brand
formanyof these services. The company's proven business model includes licensing
to corporately operated locations across the U.S. and Canada, as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.The Company is currently in the process of expanding its product portfolio
bybringinga retail Forex trading platform to market, targeted to seasoned day
traders. The Beta test site has now been launched, with a full-service
roll-outtofollow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic MoneyManagement)continues to be developed. This stored value card allows customers
to transfer cash value without having to issue checks. Employers can use
it topayemployees (of great benefit for hourly workers who may not have a bank
account); in multi-level marketing organizations, as well as facilitatingelectronicfund transfers.
 
Posted by mindspin311 on :
 
This PR every day is kinda starting to piss me off. It's getting to the point where big news doesn't matter; it doesn't move, because there's something everyday. Save the PR for when something BIG officially gets done.
 
Posted by dalton05 on :
 
It's just fluff PR's - IMHO it's just management wanting to keep us up to date on what's happening.
 
Posted by MichaelAdamGreen on :
 
Would you rather be left in the dark?
 
Posted by dalton05 on :
 
no - i think it's a good thing they keep us up to date.I was just letting Mindspin know it was fluff pr's
 
Posted by MichaelAdamGreen on :
 
My comment was to Mindspin... I have GWGO and there are never any updates, and with some of my micro pennies, I don't even know if I'm going to log on and see any shares sometimes! This is def. good, at least they are showing us a pulse.
 
Posted by HerbL_Remdy on :
 
a little too much "pulse" imho. for months now, big news has moved this one. news like this would've probably moved this 5-7 points a month ago. must agree with "fluff".
 
Posted by mindspin311 on :
 
Michael: I'd rather get PR's periodically when big news comes. Not updates on pretty much nothing or something they've already said in the past and it's just 'We're continuing to make progress on...' instead of 'We closed a deal with...' or '... will happen on this date'

I think if they held off on PR's for awhile, and put out some decent news a week after the last PR, it would actually move the stock. We've been bouncing from 0010 to 0012 with 7 PR's in 6 days.

Don't get me wrong. A couple of the PR's they released this past week I did find informative, but just wish they'd just release PR's with substance and not these 'fluff PR's' The stock might move.
 
Posted by mrinos on :
 
chnw seems frozen in time.....
 
Posted by TopRob on :
 
Maybe they are diluting and release the fluff PR's to lure new suckers. Then one day there will be no PR's at all. Oh wait a miute wrong board, I'm thinking about JMCP, ouch!
 
Posted by mrinos on :
 
I sold and gave up. Got tired of looking at .0011
 
Posted by MichaelAdamGreen on :
 
Still - you should hold onto a good, 100,000 shares or so in case it runs again... jmo - I bailed on a few million of my shares at .0012 but hanging on to a million as well... just in case.
 
Posted by KP on :
 
http://www.stocktargets.com/cgi-bin/ticker.pl?command=chnw.pk
 
Posted by mindspin311 on :
 
LOL. Actually got a couple mil of JMCP as a lottery ticket. They said no R/S for 2 years, so I believe it will either stay where it is, or move up a bit (IMHO)

As for CHNW, if it gets back to a 0012 bid, I'll probably dump 300,000, and save 200k and see what happens in spring. Got too much money tied up in sub-pennies recently. Cost me money for not being able to get into Hansen Medical (HNSN) a week ago.

I do however think this will start to move come April (or May at the latest), but could be wrong.. Just seems wrong that no upward movement with the PR recently (even if most was fluff)
 
Posted by mindspin311 on :
 
LOL KP.. If only we could be at 3 cents this time April... I'd be ecstatic if we got to .0030
 
Posted by MichaelAdamGreen on :
 
3 cents... SHOOOOOOOOT SON!... Give me .002! and I'm out!
 
Posted by Humbleman on :
 
CHNW (.0011) Announces New CUSIP Number

PR Newswire "US Press Releases "

LAS VEGAS, March 22 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system. The Company is also bringing to market a suite of stored value cards and an e-wallet product named EM2 (Electronic Money Management) which provides extensive capabilities for the unbanked or underbanked consumer and payroll market.

The company today announced that its Transfer Agent has obtained a new CUSIP number, in light of the Corporate name change to Esprit Financial Group, Inc. The NASD is anticipated to release the Company's new stock ticker symbol within the next week to ten days. Esprit will announce the new ticker symbol as soon as it is issued to the Company.

The CUSIP Service Bureau, operated by Standard & Poor's for the American Bankers Association, exists for the primary purpose of uniquely identifying issuers and issues of financial instruments within a standard framework, and disseminating this data to the financial marketplace via various media.

Basically, the CUSIP number consists of nine digits, the first six of which uniquely identify the issuer and have been assigned to issuers in alphabetic sequence, and two other characters (alphabetic or numeric) which identify the issue. The ninth digit is the check digit, which can be used to ensure that the CUSIP number is valid The CUSIP numbering system has been endorsed by all major segments of the financial community.

In other company news, the Company plans to issue an update on recent business developments from CEO, Garr Winters and COO Forex Trading Division's Richard Sciacchetano. Both have been traveling extensively across the U.S. developing new opportunities for the Company.

Mr Winters said "It is time once again to provide a review of all of the corporate developments and opportunities. We have had a very busy month, and will continue to strive to ensure our shareholders and other stakeholder groups are well informed of our activities and intentions on business direction moving forward. Winters added; "The reality is some of the projects are coming to a fruition at breakneck speed and some, unfortunately, like our new symbol change, just not fast enough. We expect to have this release out to our shareholders within the next 10 business days.

Richard Sciacchetano noted; "Importantly, the Company does not foresee any delays of our previously announced April 2 2007 Forex launch; right now it looks like all systems are a go".

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

SOURCE Esprit Financial Group Inc.

Tel: 1-888-224-9641

cashnowcorp*cashnow.com

SOURCE Cash Now Corporation
 
Posted by brackep on :
 
buys coming in ... takeoff soon IMO
 
Posted by MichaelAdamGreen on :
 
if we could just end at .0012 today I would be happy, or REALLY happy if we broke .0013 again.
 
Posted by brackep on :
 
quote:
Originally posted by MichaelAdamGreen:
if we could just end at .0012 today I would be happy, or REALLY happy if we broke .0013 again.

it's just a matter of time IMO, shock and awe news is on its way ... april 2007 will write history IMO
 
Posted by MichaelAdamGreen on :
 
I agree about April - That's why everyone is getting frustrated that it hasn't moved and bailing - this is the time that you should be loading up an extra 500,000 or 1,000,000 shares because IMO I think it is going to at least make it to .01 and for every mil. shares you have that's $10k
 
Posted by brackep on :
 
MM's are now aware of the CUSIP/NAME change and the fact they have to cover their short positions ... if you look at Level 2 you will see this! They are in panic and trying to keep it down ...
 
Posted by mindspin311 on :
 
Good time to load up again at a .001 bid. Hasn't been there since I got it nearly 2 weeks ago.

Get in now, because after the MM's are done dumping and covering, this should be right back up with the name change.
 
Posted by dalton05 on :
 
Down to .0009
 
Posted by mindspin311 on :
 
0009 is a very good sign. All the bears are covering.. They know it's at a bottom. Might go as low as .0008, but I doubt much more. This will be at $10 on April 1st [Wink] LOL.. That would be a good one btw.. but seriously, we've hit a bottom and this should shoot up to the 002's within the coming weeks. Hold strong, or buy more at these levels if ya have the capital [Smile]
 
Posted by brackep on :
 
Interesting info from ihub ...

Posted by: balamidas
In reply to: None Date:3/23/2007 3:13:57 AM
Post #of 22145

SHORTS nightmare at open TODAY:all stock certificates representing shares of common stock of the Company MUST be exchanged for new certificates. All issued and outstanding certificates of CASHNOW current common stock will cease to represent an interest in the company and will only represent a right to be exchanged for new shares of Esprit financial.
SHORT YOU ARE IN THE LEGAL period of closing your shorts so BIG HIGHHHHH THIS AM


Posted by: balamidas
In reply to: EagleD who wrote msg# 22134 Date:3/23/2007 3:09:24 AM
Post #of 22145

the most important step in short fighting is the assignement of the new CUSIP NUMBER not the symbol change ,yesterday PR is outstanding one cause many companies do not do that they do not PR the step in cusip and symbol change but it always happens like that,CUSIP FISRT and after there is a LEGAL PERIOD for certificates exchange from CASHNOW to ESPRIT


Posted by: balamidas
In reply to: A deleted message Date:3/23/2007 2:54:34 AM
Post #of 22145

LONGS read well very IMPORTANT info inside:Upon completion of the CUSIP number change, all stock certificates representing shares of common stock of the Company MUST be exchanged for new certificates. All issued and outstanding certificates of CASHNOW current common stock will cease to represent an interest in the company and will only represent a right to be exchanged for new shares of Esprit financial.
the step of getting the CUSIP number change is the key elements in the process :"SHARES ARE VERY PRECIOUS NOW"the "symbol" change is only a routine after that.
the days that seperate us from the symbol change are very important to Shorts more like crucial
any buying pressure during these days will cause a short squeeze
if management wants to hurt shorting it is now or never they have to go out with Big news that will generate buying pressure.

THE COUNTDOWN OF EXCHANGING OLD CERTIFICATES FOR NEW ONE WILL START AT 9.30 TODAY enjoy the ride
 
Posted by boneyardjeep on :
 
could anyone translate that to english?
 
Posted by dalton05 on :
 
It looks like they are ready to take it out to the woodshed for a good ole fashion whoppin.
 
Posted by mindspin311 on :
 
Ok... So are my shares going to transfer automatically from CHNW to ESPRT?? (or whatever the new symbol is)? When the symbol name change takes place will scottrade change the symbol name for me?
 
Posted by madmoney on :
 
"current common stock will cease to represent an interest in the company and will only represent a right to be exchanged for new shares of Esprit financial." ---------------------------------
so if shorts do not exercise thier right to exchange shares why would they cover? " naked shorts never cover, thats the whole point!!"??????
 
Posted by madmoney on :
 
quote:
Originally posted by madmoney:
"current common stock will cease to represent an interest in the company and will only represent a right to be exchanged for new shares of Esprit financial." there is nothing unique about this situation, it works this way for every symbol change but thanks for the definition!!! ---------------------------------
so if shorts do not exercise thier right to exchange shares why would they cover? " naked shorts never cover, thats the whole point!!"??????


 
Posted by a surfer on :
 
quote:
Originally posted by mindspin311:
Ok... So are my shares going to transfer automatically from CHNW to ESPRT?? (or whatever the new symbol is)? When the symbol name change takes place will scottrade change the symbol name for me?

YES.
 
Posted by brackep on :
 
Esprit Financial Group Inc. (ESPRIT) (CHNW.PK) Announces Receipt of ISIN Number
Friday March 23, 3:58 pm ET


LAS VEGAS, March 23 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system. The Company is also bringing to market a suite of stored value cards and an e-wallet product named EM2 (Electronic Money Management) which provides extensive capabilities for the unbanked or underbanked consumer and payroll market.
ADVERTISEMENT





The company today announced that it has received its International Securities Identification Number (ISIN number). The Company is now finalizing its Corporate Expose to be submitted to the Deutsche Borse (Frankfurt Exchange) as part of the required listing procedures for that exchange.

Garr Winters, Esprit's CEO said, "With the ISIN number in place and work well under way on the expose, we are on track to have the Frankfurt listing in place for the launch of our European Forex site, scheduled for May 15, 2007".

The (ISIN) system is an international standard set up by the International Organization for Standardization (ISO). It is used for numbering specific securities, such as stock, bonds, options and futures. An ISIN code has characters which are alphanumeric, and is structured to include the country in which the issuing company is headquartered, the specific security identification number and a final character acting as a check.

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by MichaelAdamGreen on :
 
I just looked at CashNow.com - when did they release the forex advanced system? I thought it wasn't supposed to happen until April. Let me know!
 
Posted by brackep on :
 
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Identifies Candidate OTCBB Company for Merger or Acquisition
Monday March 26, 8:00 am ET


Las Vegas, NV, March 26 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and has recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, as well as on online EFT capabilities under the EM2 brand name.
ADVERTISEMENT


As previously announced on March 19th, 2007, the Company has retained a financial consultancy to identify opportunities to move up to the OTCBB. Today, Esprit is pleased to announce that a suitable company has been identified. This is an existing operating OTCBB company that is currently trading and is current on all of its filings. Moreover it has certain assets that may benefit Esprit in its business activities moving forward. Esprit will be conducting a due diligence process over the next few weeks prior to making a formal offer, which is planned to be on an all-cash basis.

The OTC Bulletin Board is a regulated quotation service in the United States, owned by the NASD, for stocks which are not listed on one of the major U.S. stock exchanges. It displays real-time quotes, last-sale prices and volume information in over-the-counter (OTC) equity securities. The OTC Bulletin board is home only to fully reporting companies. This factor ensures that the OTCBB a much safer place to trade for small investors in small and micro-cap companies.

Garr Winters, Esprit CEO explains: "As previously mentioned, the key objectives are to maximize shareholder value, and work in a more regulated environment in order to limit stock manipulation by short-sellers. As a fully reporting Company, there will be less room for distortion and speculation regarding corporate activities."

Winters added: "We feel the timing is right to move up to the OTCBB. We are building a very sound foundation for Internet delivered financial services and related activities. Our new operating divisions demonstrate exciting potential growth opportunities. We need to be able to scale up operations quickly, as these new and potentially very significant revenue streams come online in the near term."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by tmanfromtexas on :
 
You beat me to it Bracep. lol. I asked the question last week as to why they dont use Chang's old OTC shell and one line in the above statement answered my question to a degree. The above mentioned candidate is NOW fully reporting and trading. Chang's wasnt fully reporting if I am not mistaken. If I am wrong, someone set me straight. TMAN...
 
Posted by mindspin311 on :
 
Back up to 0012, but seems like this isn't gonna take off until the name change happens.
 
Posted by mrinos on :
 
chnw at .0011 - what a novelty.
 
Posted by brackep on :
 
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces April 16th, 2007 Closing Date on Acquisition of Global Holdings, Inc. (Global) and Agreement in Principal to Spin Off Non-Core Assets
Tuesday March 27, 7:00 am ET


LAS VEGAS, March 27 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low-cost online Introductory Broker (IB) Forex trading system.
As previously announced on March 6th, 2007, the Company has satisfactorily resolved all of the issues related to its acquisition of Global and is pleased to announce that the deal will officially close on April 16th, 2007, in an all-cash transaction.

In the interim, Global founder Jack Chang, the principal developer of all of Global's products and services, will continue to work for Esprit heading up the Company's Electronic Funds Payment division, and is actively pursuing sales opportunities on behalf of the Company. Many of these opportunities relate to potential clients who have already expressed interest in Global Products. With the backing and support of Cash Now, these can now be pursued and brought to fruition.

Mr. Chang has developed an extensive number of products and service packages since he founded Global in 2002. Importantly, the new division adds four new product offerings to Cash that are at the cutting edge of consumer banking services.


- U.S. Prepaid Debit Cards
- International Prepaid Debit Cards
- EM2 - Electronic Money Management System which is a comprehensive e-
wallet that can manage multiple bank accounts, remit funds worldwide
and provide banking capabilities to consumers who do not actually
have a bank account.
- Check 21 - advanced checking service that can significantly reduce
holdback periods by banking institutions in clearing checks.

Global has also developed or is in the process of developing a number of additional products related to wireless mobile commerce and a variety of loyalty programs and discount services programs built around its prepaid debit and EM2 product platforms.

Significantly, Esprit has an agreement in principle to spin-off Global to a Texas-based Company after the initial acquisition. Esprit will retain a 25% interest in Global upon completion of the sale. Esprit will also retain exclusive licensing rights for the four core products relevant to its operations. It is anticipated that this second transaction will take place within 30 days of closing the Global acquisition, and will provide significant additional funding to Esprit upon closing.

Garr Winters, Esprit CEO explains; "It is not very often that you get a chance in business to have your cake and eat it, too. We have negotiated a very favorable purchase price for Global, and an even better deal to spin it off to another company at significant profit. We will end up with exclusive licensing rights for the core products which were of interest to us, and vend off the remaining assets and corporate shell to a third party at a healthy profit. The net proceeds of that sale will be used to pursue the acquisition of the OTCBB Company we have identified."

Winters added, that "The intangible factor in all this is the tremendous goodwill that Jack Chang brings to Esprit. Mr. Chang is the developer and patent co-holder of the ATM (Automated Teller Machine) and participated in the earliest development and use of magnetic stripe based data on plastic cards, as well as being a pioneer in electronic funds transfer. He has provided services to such prestigious companies as Citibank, Coca-Cola Enterprises, American Express, Sears, Visa, EDS, and NationsBank/Bank of America. His network within the banking industry is invaluable, his reputation impeccable. With the resources of Esprit behind him, we will be able to do some incredible things together."

Winters concluded; "There's an awful lot of meat to digest here. We will be issuing a more complete backgrounder on these corporate developments by mid-April, with another update from myself and our division heads similar to our February 9th recap earlier this year."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group Inc.
 
Posted by mrinos on :
 
Oh my GOD, LOOK, CHNW is at .0011!!!!! How shocking
 
Posted by tmanfromtexas on :
 
Whats even more shocking is that it closed at 12. lol. TMAN...
 
Posted by mrinos on :
 
closing at .0012 THAT IS A NEWZZZZ ALERT!!!!
 
Posted by iwannna on :
 
Press Release Source: Esprit Financial Group

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces An Agreement In Principle For A Joint Venture With A Japanese Sub Prime Company to Offer Esprit Services In Japan.
Wednesday March 28, 7:00 am ET

LAS VEGAS, NV, March 28 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and has recently acquired leading edge electronic funds transfer (EFT) products that include domestic and International check clearing system being an enhanced version of the current Check21 which the company is marketing under the brand name Cash Now Check 21 together with a prepaid debit and Visa/MasterCard branded cards, as well as on online EFT capabilities under the EM2 brand name.
ADVERTISEMENT

The staff and management of Esprit are pleased to welcome the arrival of the Japanese lender's key management to it's corporate offices to explore the feasibility towards working together; on a joint venture project basis to offer many of Cash Now's products and services in Japan exclusively. Mr. Winters, Esprit's CEO said, "The sudden unexpected rise in Japanese economy and crisis on mortgage lending market in the USA has created a demand for many of the services offered by Cash Now in the Asian market. We see a huge opportunity in Asia and although this project has been in the works, and negotiations for some months now the timing is just about perfect for both sides. The 2 products highly sought after internationally are the Cash Now 21 and EM2 e-wallet. These are 2 very unique and very industry specific products, which are being made available by Cash Now exclusively. The uniqueness of this product is that because of the Patriot Act the majority of these products offered by many do not work outside of the USA or Internationally. Because of the relationship we have established with a USA and a European bank whom both working in concert are able to offer this service to us as a private reseller, make all of this possible. By default each and every transaction made by any user of the system Cash Now will receive a portion of the fee as a royalty. To us as a company this revenue stream which will avail itself to us in the next 6 to 9 months has the potential of being quite a significant one.

I wish to use this opportunity to clarify that these 2 banks which power our Cash Now 21 and EM2 are not the same banks that run the Forex platform which we will be launching April 2 2007."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

From *************
CASH NOW CP
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.06.2007 (21) days ago, when the stock price was 0.0013. Since then CHNW has fallen -7.69% .

BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.0011 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.

We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.

http://www.cashnow.com/forex_index.html

http://www.espritfinancialgroup.com
 
Posted by jgygli on :
 
Everyone needs to check the website out!!!

http://www.espritfinancialgroup.com/Home_Page.html
 
Posted by jgygli on :
 
Check this out, chnw making world news

http://article.wn.com/view/2007/03/20/Esprit_Financial_Group_Inc_Esprit_CHNWPK_A nnounces_Website_C/
 
Posted by tmanfromtexas on :
 
According to some folks on another MB there has been some significant buys afterhours. I have heard that its just mm's fixing final sales for the day and others say its the company buying back their shares. I dont know which is true, both sound plausible. Does anyone here know definitivly what is happening. Any MM that wants to respond is welcome. lol. TMAN...
 
Posted by brackep on :
 
quote:
Originally posted by tmanfromtexas:
According to some folks on another MB there has been some significant buys afterhours. I have heard that its just mm's fixing final sales for the day and others say its the company buying back their shares. I dont know which is true, both sound plausible. Does anyone here know definitivly what is happening. Any MM that wants to respond is welcome. lol. TMAN...

I had contact with the company regarding this matter ... those shares traded after hours are buy backs ...
 
Posted by tmanfromtexas on :
 
Thanks Brackep. You have a pm. TMAN...
 
Posted by T e x on :
 
quote:
Originally posted by brackep:
quote:
Originally posted by tmanfromtexas:
According to some folks on another MB there has been some significant buys afterhours. I have heard that its just mm's fixing final sales for the day and others say its the company buying back their shares. I dont know which is true, both sound plausible. Does anyone here know definitivly what is happening. Any MM that wants to respond is welcome. lol. TMAN...

I had contact with the company regarding this matter ... those shares traded after hours are buy backs ...
Brackep, who'd you talk to?
 
Posted by brackep on :
 
I got the answer in an email reply from the company IR

check out IHUB boar, there is a lot of info over there
 
Posted by brackep on :
 
The only thing we have lack of now, is BIG BUYING PRESSURE ... Once buying pressure starts we move IMO
 
Posted by tmanfromtexas on :
 
I can wait for it. Thanks for the info Brackep. TMAN...
 
Posted by brackep on :
 
quote:
Originally posted by tmanfromtexas:
I can wait for it. Thanks for the info Brackep. TMAN...

My guess, and others think also, this will be PR'ed shortly after the NAME change is done ...

Estimations are 1 to 1.5 (maybe more) billion shares have been bought back
 
Posted by brackep on :
 
ask side is changing:

.0011 (1)
.0012 (1) --> used to be 3/4 for some days
.0013 (2)

some buying pressure and we will see .0013 IMO
 
Posted by mrinos on :
 
Hey chnw at .0011!!!!!
 
Posted by cottonjim on :
 
Isn't anyone gonna say "welcome to the party Jim" [Wink] J/K guy's. Had to throw a few bucks at it, what the h*ll.
 
Posted by mrinos on :
 
seems like chnw will stay at .0011 for ETERNITY
 
Posted by T e x on :
 
"Michael," who didn't give a last name, from company IR just called me back and said the company can't comment on "buy backs after hours--you're asking for inside information."
 
Posted by brackep on :
 
quote:
Originally posted by T e x:
"Michael," who didn't give a last name, from company IR just called me back and said the company can't comment on "buy backs after hours--you're asking for inside information."

pm me your emailaddress
 
Posted by cottonjim on :
 
I would be curionus to see that also brackep, copy and paste the email and PM it to me if you don't mind.
 
Posted by bobcat88 on :
 
4.675m afterhours
 
Posted by tmanfromtexas on :
 
Welcome aboard Jim. I think now that you are in, this will teach you some patience. LMAO! If the Forex goes live Monday (yes I said if, dont want to be labeled a pumper lol) we should move up. ANY glitch etc, it will fall back to nothing. JMO. TMAN...
 
Posted by cottonjim on :
 
I saw 9 mil after hours bobcat. Thanks for the welcome tman, I can be much more patient now that my eggs are not in one basket, and what a nice basket it was. Turned a dozen eggs into 2 1/2 dozen in a few days. always nice [Smile]
 
Posted by mindspin311 on :
 
LAS VEGAS, NV, March 29 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private-label, back-end office systems for the sub-prime market. Additionally, the Company will be launching an innovative low-cost online Introductory Broker (IB) Forex trading system on April 2, 2007.

ADVERTISEMENT
The Company has also recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, EM2 - Electronic Money Management System -which is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and providing banking capabilities to consumers who do not actually have a bank account. In addition, Check 21 is an advanced checking service that can significantly reduce holdback periods by banking institutions in clearing checks, particularly valuable for international markets.

The Company is pleased to announce that it has engaged Grove Consulting LLC, a California-based financial services consultancy, to advise on future strategic relationships, investment opportunities and mergers and acquisitions within the Company's financial services portfolio. Specifically, Grove will assist in identifying suitable strategic partners to augment the Company's Forex trading division, which is scheduled to launch this coming Monday, April 2, 2007.

With almost 40 years experience within financial institutions, and with specific in-depth experience in mergers and acquisitions within this sector, Grove Consulting will continue to offer new opportunities as Esprit scales up operations in the mid to long-term.

There is also excellent synergy wherein Grove Consulting can bring new business opportunities related to our advanced EFT services developed by industry pioneer Jack Chang (co-inventor of the ATM machine), who heads up the Company's recently established Electronic Funds Transfer Division.

Garr Winters, Esprit CEO explains, "We are very impressed with Grove Consulting's skill-set and experience. They have the right entrepreneurial attitude combined with excellent pedigree and experience working with a number of very serious financial institutions. We have established a very natural rapport with Grove in a surprisingly short time. They understand where we are going, our core strengths, and have demonstrated that they can bring value to the table. We are looking forward to a lasting relationship that will be mutually advantageous for years to come."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
 
Posted by J_U_ICE on :
 
Posted by: JoeyClams
Date:3/29/2007 12:13:48 PM
Post #of 24329

E-Mail From CHNW In Response To Rumor Buy-Out Post (Link Below)

xxxxxxx:

This is old news. Some group was offering stock for their stock and some cash but it was nowhere near what we want. Then they started bashing us (we assume its them) about the big float etc. We are here to stay. The shock and awe news will come. Its HUGE may drive us right up into penny land but we may strain our relationship with the banks if we dont get their blessing. We have asked for their blessing and are waiting to hear from them.

Forex goes live on Monday Apr 2 2007. Do you trade Forex?

All the best

Corporate Affairs
Cash Now Corporation
Telephone Toll Free 1-888-224-9641
Fax Number North America Toll Free 1- (866) 687-5865
www.cashnow.com

Rumor Post: http://www.investorshub.com/boards/read_msg.asp?message_id=18292841
 
Posted by tmanfromtexas on :
 
Rumor Post: http://www.investorshub.com/boards/read_msg.asp?message_id=18292841

If anyone believes that post they dont need to be trading stocks. jmho. TMAN...
 
Posted by mrinos on :
 
HEY CHNW AT .0011!!!!!!!!!!!
 
Posted by mindspin311 on :
 
LAS VEGAS, NV, March 29 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, and has recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, as well as online EFT capabilities under the EM2 brand name.

ADVERTISEMENT
click here
The Company has turned the switches on for its new Forex trading website for a short period. The website will be live as of 1:00PM Thursday, March 29, 2007 through Friday, March 30, 2007 midnight, at its temporary location http://www.cashnow.com/forex_index.html.

The website will be down periodically through the weekend of March 30, 2007 - April 1, 2007 as it is moved to its new home: www.cashnow.com, for its official launch on Monday, April 2nd, 2007.

Ron Macari head of Esprit's technical department has said "As we have built the Advanced Markets by Cash Now Forex site on a work in progress basis for all to see, for the repeat visitors to the above Forex link please be advised that you may have to refresh your Internet browser or clear your cache to view the now working links, active scripts and software downloads, that will securely resolve with our strategic partner Advanced Markets, Inc."

Richard Sciacchetano, head of Esprit's Forex Trading division explains; "This is a sneak preview we wanted to offer all of our shareholder friends and family, as they have followed our progress over the last couple of months. We're a little excited about this new business, as you may well imagine. There may still be a few glitches in the system that need to be tweaked before the Monday, April 2nd, 2007 launch, but we couldn't resist the temptation to let all of the investors, friends and family who have been following our progress to 'kick the tires' a little early."

CEO Garr Winters noted: "We think we have an absolutely top notch product here. Significantly, our disciplined approach to business development has ensured that this project has been delivered on time with our self-imposed deadline. We look forward to helping a lot of people make more profitable Forex trading a reality."

Anyone who registers at the current temporary website URL will be automatically redirected to the Cashnow.com website once it is live on Monday, April 2nd, 2007.

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
 
Posted by Invaliderror on :
 
Question

L2, You have NITE on Ask at .0011 for 100, then all of the sudden when people start buying you have EFGI come in Ask at .0011 with 100. What is heppening there?

Also when size is 100, how many shares is that actually? 100x10 or x100 or x1000?

Thanks
 
Posted by tmanfromtexas on :
 
mrinos
Member

Member Rated:
posted March 29, 2007 11:29
--------------------------------------------------------------------------------
HEY CHNW AT .0011!!!!!!!!!!!

LMAO. TMAN...
 
Posted by cottonjim on :
 
http://www.cashnow.com/forex_index.html.

Is that 1 p.m. Eastern, Central, or Pacific cause it don't work yet.
 
Posted by Invaliderror on :
 
This company is going down quickly. OMG OMG. Sell quickly! Ahhh.

Wait nevermind BUY BUY BUY! I own shares and want to sell in the Green!

Everyone listen to me, I know what I want to have happen!
 
Posted by cottonjim on :
 
H*ll, at least your honest invalid, LMAO.
 
Posted by tmanfromtexas on :
 
LMAO Invalid... GIT R DONE!!! TMAN...
 
Posted by Invaliderror on :
 
Lots of buys coming in! No movement yet though...
 
Posted by mrinos on :
 
CHNW at .0011 - REALLY????
 
Posted by mindspin311 on :
 
quote:
Originally posted by cottonjim:
http://www.cashnow.com/forex_index.html.

Is that 1 p.m. Eastern, Central, or Pacific cause it don't work yet.

Get rid of the period '.' at the end of the url.
 
Posted by tmanfromtexas on :
 
The website opened for me. Nice web page design. I didnt open an account because I dont know what forex is... heheh. TMAN...
 
Posted by cottonjim on :
 
Isn't that the thing the doctors cut off of some new born boys in the hospital? ROFLMAO... sorry, now I'm in a mood.
 
Posted by Invaliderror on :
 
They wont let it go up past .0011
 
Posted by mindspin311 on :
 
It's gonna continue to be between 001 and 0012 until the name change. Just gotta be patient.
 
Posted by Invaliderror on :
 
Would anyone suggest buying more at 0011 before the name change occurs?
 
Posted by KP on :
 
They are using Wachovia as their EFT agent...good bank.
Yes, buying at this levels is good IMO, however I got in at .0006. Plenty of support at .0011 [Smile]
 
Posted by Invaliderror on :
 
I was really smart. I got in when it was .0013 Ha! Im holding for green.
 
Posted by tmanfromtexas on :
 
Jim, that wasnt right man, that just wasnt right...ROTFLMAO!!

On a serious note. KP, where did that info come from. Was it in a PR? That is some serious stuff. I am glad its not Farmers Branch Bank in Coolidge Texas or something like that. lol. TMAN...
 
Posted by cottonjim on :
 
[Wink]
 
Posted by bugman55 on :
 
Hey tman, where you from? I grew up around Coolidge. Mexia to be exact.
 
Posted by tmanfromtexas on :
 
What a small world. I live in Cleveland Tx, but my stepson lives near Grandview. We used to travel every other weekend up through Teague, Mexia etc to Hillsboro then north on 35.
 
Posted by bugman55 on :
 
Small world indeed. I now live in Houston, only about 30 miles from you. I was just in Mexia this past week end for a wedding.
 
Posted by tmanfromtexas on :
 
Wow, you live near Humble, Conroe or Livingston. lol.
 
Posted by Invaliderror on :
 
Press Release Source: Esprit Financial Group


Esprit Financial Group Inc. (Esprit) (CHNW.PK) Payday Loan Business Division Online Marketing Program Generating Results Ahead of Schedule
Friday March 30, 6:00 am ET


LAS VEGAS, NV, March 30 /PRNewswire/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company will be launching an innovative low-cost online Introductory Broker (IB) Forex trading system on Monday, April 2, 2007.
The Company has also recently acquired leading edge electronic funds transfer (EFT) products that include domestic and international prepaid debit and Visa/MasterCard branded cards, EM2 - Electronic Money Management System which is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers who do not actually have a bank account. In addition, Check 21 is an advanced checking service that can significantly reduced holdback periods by banking institutions in clearing checks, particularly valuable for international markets.

As previously announced, the Payday Loan division was scheduled to launch a major online marketing campaign in support of its core Payday Loan licensing products. Even though the program has not yet rolled out to many of the high traffic portals, the campaign is already started to generate significant results. The number of enquiries being received at Esprit's Payday Loan division has spiked dramatically over the last few days. Some of the initial websites generating results include:


http://www.franchiseemporium.com/check_cashing_franchise_franchises.asp
http://canada.franchiseopportunities.com/zor_123305/Cash_Now.htm
http://efranchisesale.com/info/detail.php?franID=5166
http://www.franchiseopportunities.com/Zor_131512/Cash_Now.htm

Garr Winters, Esprit CEO commented; "These initial license enquiries have caught us by surprise. We did not expect to see results so quickly, particularly in light of the fact that many of the key portals have not yet uploaded our campaign. This speaks highly of our licensing approach to the business, and the appeal it has to entrepreneurs looking for a 'real business opportunity' that is more than just hype and good wishes. We are eager to see the results scale up as the campaign rolls out to more and more key portals. The second quarter looks like it will be well ahead of plan in terms of projected license sales. We will be hiring additional sales representatives as the volume of enquiries continues to build."

Peter Tate, senior sales executive added; "These results are very exciting. The quality of the leads is excellent and it looks like I'll be putting in a lot of overtime for a while, as we follow-up and close these licensing agreements."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.

Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group
 
Posted by Invaliderror on :
 
Ask is at .001, everyone load up! I have shares that want to go up in value!

It might go down and it might go back up. Thats my best guess.
 
Posted by mindspin311 on :
 
Loading up again.
 
Posted by MichaelAdamGreen on :
 
Place your orders for .0009 and save $100... they will get filled before the name change.
 
Posted by Invaliderror on :
 
Its going back to .0011 soon. Place your final bids for .001 before it happens!
 
Posted by mindspin311 on :
 
If only I didn't take a small 12% gain on Dendreon, I'd be able to load up a very nice amount here. ~sigh~
 
Posted by Invaliderror on :
 
Whats the current O/S and A/S? Anyone know?
 
Posted by tmanfromtexas on :
 
Invalid, I think the AS is 11b and the OS is around 4.5b. But many believe that the company is buying back shares. I dont know since they havent PR'ed or filed anything with the SEC so thats all I know. TMAN...
 
Posted by brackep on :
 
AS is 11b to prevent hostile takeover
 
Posted by madmoney on :
 
quote:
Originally posted by brackep:
AS is 11b to prevent hostile takeover

LOL!!!!
 
Posted by Invaliderror on :
 
Are they selling to eachother now to bring it down? Who would sell this at this time?
 
Posted by Invaliderror on :
 
Anyone expecting a monday run on this?
 
Posted by madmoney on :
 
thinking .0005 on monday. only 2 MM`s on the bid side.
 
Posted by Invaliderror on :
 
5 buys at 9+ million each, after close...
 
Posted by cottonjim on :
 
Would be sweet if it was indeed the company buying back shares to retire them. It's always suspect when a companys puts out a PR saying they are going to do it, price goes up, they have to buy at higher prices , and usually they are lieing about it anyways. You would think that they would just quietly do it over a span of time and then PR after it is done. Imagine if that is what is happening, holy chit man; I wouldn't want to be caught without shares on the day of that PR. *EOP*(End Of Pump)
 
Posted by Invaliderror on :
 
Exactly. Thats why I bought more today at .001
 
Posted by brackep on :
 
quote:
Originally posted by madmoney:
thinking .0005 on monday. only 2 MM`s on the bid side.

let's talk again monday evening we will then see if you were right ... I personally don't think you will be even close

Monday close .0012 or higher IMO
 
Posted by tmanfromtexas on :
 
I remember when that POS!!!!! DDSI was diluting the stock. They were doing it during the day. You would see 9mm share blocks go by like a freight train. These however are after hours and right at 20% of the daily trade amount. Things that make you go hmmmmm. TMAN...
 
Posted by cottonjim on :
 
just had to bring up DDSI didn't you, Gawd what POS that turned out to be, had to get a second mortage on my Gremlin to cover my losses, LMAO.
 
Posted by Humbleman on :
 
tman you got any shares in this one? if so how much?
 
Posted by tmanfromtexas on :
 
Kinda personal aint it Humble? lol. I am in. If it drops any more I will be buying more. These after hour trades are interesting to me since I dont quiet understand why they are happening in such large amounts. I can understand MM's clearing their books for the day. I have seen trades afterhours posted on other pinks but they arent usually such a large percentage of the days trading activity. If the MM's are just clearing their books, they need to do a better job of posting trades because this amount of trading shares is significant and could affect the trading of the stock during trading hours. If it is the company buying back well, then just keep buying them back, and tell us when your done. TMAN...
 
Posted by brackep on :
 
quote:
Originally posted by tmanfromtexas:
I remember when that POS!!!!! DDSI was diluting the stock. They were doing it during the day. You would see 9mm share blocks go by like a freight train. These however are after hours and right at 20% of the daily trade amount. Things that make you go hmmmmm. TMAN...

TMAN,

I believe the company can buy up to 25% of the daily volume ...
 
Posted by tmanfromtexas on :
 
Thanks Brackep. I couldnt remember if it was 20 or 25%. TMAN...
 
Posted by cottonjim on :
 
A buy back would certainly add an interesting twist to this story, that is for sure. If that is the case though, why is it still so cheap? I would think the mm's would have to be in on it to be after hours like it is, and I would also think they would be inching the price northward every day until it was done. Just things to ponder I guess.
 
Posted by cottonjim on :
 
HMMMM, if you believe what you hear I guess this should be good news then.
IHUB
Posted by: Gringo42
In reply to: runner up who wrote msg# 25644 Date:3/31/2007 1:04:24 PM
Post #of 25728

I called TA on Friday and he said new symbol was issued and NASD will advise company on Monday morning. The problem is the company needs to PR this 1st so effectivly it should take place on Tuesday. That is what I got from TA on FRiday 440pm
 
Posted by tmanfromtexas on :
 
Hey Jim. Remembered the ole password I see. LMAO. I wouldnt be surprised if it didnt happen this coming week right after they launch the forex site. Its been a while since they first pr'ed the name change. Also Jim, Could you ask that poster what the OS is. Surely he asked. Thanks. TMAN...
 
Posted by bluechipper on :
 
FWIW

Posted by: newatthis69
In reply to: CJIM who wrote msg# 25777 Date:4/1/2007 12:20:29 AM
Post #of 25937

cjim the as is 11 billion, the o/s you wont know untill the 1st quartely report, ir told me that
 
Posted by reconranger on :
 
Need the number for the TA. thanks
 
Posted by tmanfromtexas on :
 
I hate a gagged TA. Never mind I think I will leave it at that. TMAN...
 
Posted by iwannna on :
 
News

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Launches Forex Trading Website

LAS VEGAS, NV, April 2 /PRNewswire-FirstCall/ -- Esprit Financial Group Inc. (Nachrichten) (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) http://www.espritfinancialgroup.com/ is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner.

The Company's Advanced Electronic Funds Management division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduced holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and providing banking capabilities to consumers without requiring that they have a bank account.

The Company is pleased to announce that its Forex Trading service is now open for business at its permanent URL location, http://www.cashnow.com/. The Win Trader Mini Platform offers a 2 pip spread on major currency pairs. Importantly, there is no dealing desk. All trades are processed electronically on a streaming pass-through basis. This eliminates price manipulation that can lag the actual interbank market and cut into traders' profits. Clients can also benefit from the fact that there are no interruptions or slowdowns in trading during major news or market reports that can affect trading prices.

With the Forex service moving to http://www.cashnow.com/, there have been additional location changes to the Company's other product divisions. The Cash Now Payday Loan Business Aggregation website can now be found at http://www.cashnow.org/. The Company's sub-prime loan facilitation service, featuring a real-time online booking engine, is now located at http://www.cashnow.net/.

The launch of the Forex website is a significant business milestone, as Cash Now executes on its diversified financial products development program. In addition to the launch of this North American based Forex service, the launch date of a UK based website remains on target for May 15, 2007. The Company also plans to launch an additional website serving the Asian or the Asiana markets.

Richard Sciacchetano, head of Esprit's Forex Trading division comments, "We are coming to market with a terrific product. The retail forex market is relatively new. As with most such disruptive business developments, the landscape is more than a little like the Wild West. Most forex websites have taken advantage of retail traders by manipulating data in a manner that is technically not misleading, but proves frustrating to traders as they start to wonder why their trades don't match the actual movements of the interbank market. As an Introducing Broker for Advanced markets, Inc, we can assure our clients that there is no smoke and mirrors here. All trades are handled on a streaming pass-through basis. There is no dealing desk, no intermediary manipulation of pips before data reaches the trader. We believe that seasoned day traders will increasingly find that our products are truly fair, honest and transparent. We expect to make a lot of long term relationships with our client's".

CEO Garr Winters noted: "It is important for us that we have met our established deadline for the launch. It has been our intent to keep all of our shareholders and stakeholder groups fully apprised of business developments, and our approach to growth. It is vital that we hit the target every time on every front. We are intent on building credibility, and that means ensuring that any announcements made are carried through to completion, as promised and on time. We're looking down the track, and we see tremendous growth full potential for this organization. Our senior management team is truly excellent, and includes industry pioneers and innovators in our key business sectors. Their past accomplishments are real, and we expect that to continue in the future".

Winters added, "Of course, this doesn't mean that it's just business as usual today. We'll take a breather for a couple of hours, and celebrate the moment. I have to thank all of our people who have managed this project so well, which also includes Advanced Markets, Inc. who have been tremendously supportive and accommodating as we ramped up to this launch date".

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. 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, the Company'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 with a retail Forex trading platform targeted to seasoned day traders. Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

CASH NOW CORPORATION
 
Posted by dalton05 on :
 
I thought with the site up an running a little bounce up but i guess people are not to excited about it.
 
Posted by tmanfromtexas on :
 
Guess not dalton. I figured that would be the catalyst but alas I am wrong again. If it drops back to the 5/6 range I am gonna get some more. TMAN...
 
Posted by dalton05 on :
 
Waking up now
 
Posted by tmanfromtexas on :
 
For anyone that is interested...

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Filings Completed for Listing on the Frankfurt Exchange
Monday April 2, 1:01 pm ET

LAS VEGAS, April 2 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) (www.espritfinancialgroup.com) is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com.

The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.

The Company is pleased to announce that all of the required documents have now been filed with the Frankfurt Exchange to list the Company in Europe as well as North America. There are several strategic reasons for the cross border listing. First and foremost, the Company's Forex Trading division and Advanced Electronic Funds Management division are very much international in scope. Many of the AEFM's product services address strong demand to improve the flow of capital across borders through various financial institutions. As previously announced earlier today, the Company will also be launching a U.K. based Forex website, and eventually an Asian portal.

The move will also broaden the shareholder base for the Company, allowing access to retail traders interested in U.S. based small cap companies. Cross-border listing is a proven and effective vehicle for increasing demand by overseas retail investors, who currently invest in U.S. equities. In addition, there are very favorable tax laws for German investors who invest their own currency and hold securities longer than twelve months. The diversification of the Company's shareholder base brings additional liquidity with a broader base of shareholders, and will reduce the potential volatility in Price-per-Share of the Company's stock.

The European markets have been very strong, especially in Germany, and there is a strong demand from both private and institutional investors in Europe to invest in small-cap and medium size public companies in the U.S. and Australia.

Esprit CEO Garr Winters explains: "This is a move we have taken after significant review and analysis. Esprit's business activities already cross in many international markets. The new divisions coming on stream are even more international in nature. This cross-border listing will raise the corporate profile in markets where we will continue to build our business services. It's only natural that our stock should be available to a more international shareholder base."

The Frankfurt listing is anticipated to be active within the next 45-60 days. Interested shareholders can visit the exchange at:

http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/home.

About the Frankfurt Exchange
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK)
Announces Signing of Letter of Intent With Japanese Delegation For
Development of Payday Loan Chain)


LAS VEGAS, April 3, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit
FinancialGroupInc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK)
www.espritfinancialgroup.com is pleased to announce that a Letter of
Intent(LOI)has been signed with a Japanese delegation after negotiations concluded
late last night.The LOI is for the development of a chain of Payday Loan centers that will
belocatedalong the Southern California coastline. A total of about 50 turnkey
stores will be constructed over the next several years, utilizing Esprit'sproprietaryCash Now software and system. Esprit will also assist in the
build-out of each location, as well as providing licenses on the softwareitself.Each location represents approximately USD $150,000.00 in fees, revenues
and build out costs with a total budget of approximately USD $7,500,000.00milliondollars over the construction period.

The Japanese company will be developing the stores under their own banner,
whichhasnot yet been finalized. Their existing business model is providing loans
forsmallcap and high risk mortgages as well as money transfers in conjunction with
Western Union.Esprit CEO Garr Winters noted; "This is a major contract for our Payday
loandivision.We are working with a well-capitalized company that shares our vision
of the growth potential for these services. The breadth of our
capabilities wasoneof the key factors in their decision. Not only do we offer traditional
payday loan services coupled with our powerful back-end office systems andproprietaryTrust Vault, but our capabilities with domestic and particularly our
international prepaid debit and branded Visa/Mastercard products was a
majorfactorin the decision".

Winters added; "We anticipate that a formal agreement will be signed
within a 30-45 day time frame. Additionally Esprit is seeking out an exclusive first
rightofrefusal on the repurchase of these locations. Both parties are keen to get
this business deal started. Importantly, given our scalable systems, thisundertakingwill not have a material impact on our monthly burn rate. Profit
margins are very attractive, even after accounting for the volume
discountsfactoredin to the deal".

About Esprit Financial Group Inc.Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public
companyengagedin a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, andcontinuesto develop the most comprehensive menu of services in the cash advance
industry and will retain the Cash Now brand for many of these services.Operationsinclude licensing of a comprehensive suite of Internet-based payday
loan and check cashing software and private label back end office systems
forthesub prime market, under the Cash Now banner. The company's proven business
model comprises operations in the U.S. and Canadian markets as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.Forex: Additionally, the Company's Forex Trading division offers an
innovativelow-costonline Forex trading service at www.cashnow.com. The Company acts as an
Introducing Broker for Advanced Markets, Inc., and is targeted to serious
daytraders.All transactions are handled on a streaming pass-through basis. There
is no trading desk, and no manipulation of quotes that lag the actual
interbankmarket.Importantly, traders can continue to trade actively even during volatile
periods that result from major news events of publishing of market
reports.Advanced Electronic Funds Management: The Company's Advanced Electronic
FundsManagement(AEFM) division offers Cash Now Check 21 - an advanced checking
clearing service that can significantly reduced holdback periods by
bankinginstitutions,particularly valuable for international markets. Its EM2
(Electronic Money Management System) product is a comprehensive e-wallet
capableofmanaging multiple bank accounts, remitting funds worldwide and provide
banking capabilities to consumers without requiring that they have a bankaccount.Safe Harbor Statement
 
Posted by cottonjim on :
 
that PR alone should get us to...... .0011, lol, sorry I couldn't help it.
 
Posted by mindspin311 on :
 
.0009x.0070 afterhours. Could run tomorrow.
 
Posted by pincher on :
 
something I just thought of ...and I could be wrong. but if they open on the Frankfurt Exchange on the 15th doesnt that dillute our shares????
 
Posted by T e x on :
 
berlin?
 
Posted by iwannna on :
 
Press Release Source: Esprit Financial Group


Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces 'Cash Now 21' to be Added to Licensed Products Available to All Current Cash Now Licensees
Wednesday April 4, 7:00 am ET


LAS VEGAS, NV, April 4 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce that it will offer its new 'Cash Now 21' service to both domestic and international licensees.
ADVERTISEMENT


The 'Cash Now 21' service is based on U.S. Federal Law under the Check Clearing for the 21st Century Act, which defines an approved methodology on how financial institutions can expedite check clearing using advanced electronic methods. Under this new system, digital images of the front and back of a check are created, capturing all of the information digitally, then transmitted via secured internet connection to a check 21 bank/processor and directly to the Federal Reserve System. The Federal Reserve System then forwards data to the Paying Bank.

There are a number of benefits to this approach, but the most visible improvement to bank customers depositing checks is the increased speed with which their checks can be cleared. Generally, 80% of the funds deposited are available the morning of the next banking day, and funds are completely cleared within 48 hours.

Currently, most banks physically move the original paper checks through clearing services and banks on which the funds are drawn. A typical check is handled a staggering average of 19 times. There are 42 billion checks written in the U.S. annually. The check 21 service is of obvious interest to Financial Institutions.

Qualified Cash Now licensees will be able to purchase a complete hardware and software package that offers digital imaging devices and the necessary software platform to process checks using the advanced 'Cash Now 21' service. The focus will be primarily on our International licensees, as the latent demand for this service is quite evident. Checks drawn on a U.S. bank and deposited in foreign countries typically take weeks for funds to clear. The Company's international licensees will be able to speed up the clearing process to a mere 3 business days - a dramatic improvement over current clearing processes.

Cash Now licensees will be able to process business and personal checks, as well as money orders and Travelers Checks under this new system.

Jack Chang, head of Esprit's Advanced Electronic Funds Management division reports; "There has already been interest expressed in this service from international clients who have tracked us down even though we have not launched the product. We are on track to officially launch this service by the end of April or early May. The software and banking relationships are already in place. We will be packaging and pricing the service, and putting in client support services over the next month in preparation for the launch."

Esprit CEO Garr Winters advises; "We believe we will be 1st non-bank financial services corporation to offer this service internationally. While there may be some interest from some of our larger domestic clients, we really see the international market becoming the core focus for Cash Now 21. The international check clearing market represents huge potential for growth, and we are first-to-market with a great product. We will be providing ongoing reports to keep our shareholders well informed as we bring more services online within this division."

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The Company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.

Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.

Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group
 
Posted by CashCowDave on :
 
CHNW..imagine how good business would be in China with a smilar company like Check Into Cash is here in the States..

http://www.checkintocash.com/allan.htm
 
Posted by dalton05 on :
 
All this news out and it's down today.I thought this would be at atleast .0012 by now.
 
Posted by mindspin311 on :
 
Looks like we're gonna have to wait for the symbol change for this to move.
 
Posted by dalton05 on :
 
i don't think the symbol change will have any effect on this - down to .0009 now
 
Posted by tmanfromtexas on :
 
Bringer down some more and I will get some more. TMAN...
 
Posted by dalton05 on :
 
bid down to .0008
 
Posted by mindspin311 on :
 
Maybe if we get some bad news it will go UP lol
 
Posted by dalton05 on :
 
they need to produce some numbers all these pr's just are not cutting it.
 
Posted by Invaliderror on :
 
Symbol change...shorts dont want to cover high, they want to cover low. They're holding it down. It looks like XTMS but with more PRs.
 
Posted by mindspin311 on :
 
That would be nice. I mean all these PR's really mean nothing. They need to stop these Fluff PR's and only give news of big deals, date of symbol change, buyouts, or earnings.. (some SEC filings would be nice)

I really hope people are just holding off on this and keeping it steady around 001 before the name change where it can take off. Here's to being pessimistically optimistic [Smile]


BTW.. Anyone know how long name changes usually take after they get filed? Just trying to get an estimate as to when this will take place.
 
Posted by Invaliderror on :
 
Supposed to be up to 8 weeks. This is the 8th week. Or was that a different question than I'm thinking?
 
Posted by mindspin311 on :
 
Seems it should of happened by now. Wasn't sure if they're waiting to be listed on the Frankfurt exchange which is I believe May 15th.
 
Posted by dalton05 on :
 
I remember a past pr for this the ceo saying that managment was getting paid with stock not with a salary.If i was management i would be very pissed because i would not have made much so far.
 
Posted by mindspin311 on :
 
You remember there being any restriction on when/how much they could sell? If they got payed at 0003 and it's now bouncing 0008 to 0012, that's not a bad gain.
 
Posted by Invaliderror on :
 
Still makes more sense for a company like this that as far as we hope is a company with actual revenue to increase the pps if management is paid in stock. Who cares about limited gains bouncing from 0008 to 0012 when they can have huge gains by getting the pps up to $1+
 
Posted by mindspin311 on :
 
Some huge orders coming in for .001 after hours.
72M
10M
40M
 
Posted by tmanfromtexas on :
 
HOLY CRAP!!! 122mm shares after hours? WTF!!!!!!!! TMAN...
 
Posted by tmanfromtexas on :
 
Thats 122 grand. hmmmm TMAN...
 
Posted by bobcat88 on :
 
buybacks still going on?
 
Posted by mindspin311 on :
 
Actually the 72M could be 7.2M. Scottrade only shows 7 places for number of shares (I do believe volume was above 100M before close), but still... Good volume after hours [Smile]
 
Posted by binnocent on :
 
Looks like a puzzle!!!! Who ever figures it out wins the prize!!! LOL Wish I knew.
-----------------------------------------------

Cash Now Corp Help DL (4/4/2007 4:59 PM)

CHNW Last: 0.001 Change: 0.00(0.00%) Volume: 196.93 m Last Trade: 4:00


What do the letters mean on the left hand side of the "Time & Sales" column?

The "Time & Sales" column of the Quotemodule tool displays the "Trade Indicator" code on the left side of the column. A normal trade will have no Trade Indicators.

Here are the original code descriptions:


a = acquisition
b = bunched trade - average price
c = cash trade
d = distribution
e = automatic execution
g = bunched sold trade - opening/reopening trade detail
h = intraday trade detail
i = basket index on close transaction
j = rule 127 trade
k = rule 155 trade
l = sold last
n= next day
o = opened
p = prior reference price
r = seller
s = split trade
t = form t trade - pre/post market trade
w = average price trade
y = yellow flagged regular trade
z = sold - out of sequence

Close
Level II Quotebook
Time MMID Size Bid

Market depth not
available for CHNW


Time & Sales
Price Size Exch Time
w 0.0009 9999999 OTO 16:13:18
w 0.0009 9999904 OTO 16:13:18
w 0.0009 100 OTO 16:13:18
w 0.0009 9999999 OTO 16:13:18
w 0.0009 9999999 OTO 16:13:18
w 0.0009 9999999 OTO 16:13:18
w 0.0009 7222800 OTO 16:12:58
0.001 50000 OTO 16:00:00
0.001 25000 OTO 15:59:56
0.001 500000 OTO 15:59:54
0.001 20000 OTO 15:59:37
0.001 33300 OTO 15:59:15
0.001 500000 OTO 15:59:12
0.001 25000 OTO 15:58:53
0.001 1000000 OTO 15:58:51
0.001 50000 OTO 15:58:31
0.001 5000 OTO 15:54:14
0.0008 4000000 OTO 15:53:31
0.0008 3200000 OTO 15:49:40
0.0009 1000000 OTO 15:49:37
0.001 50000 OTO 15:49:34
0.0009 68933 OTO 15:45:14
0.0009 281067 OTO 15:45:14
0.0008 350000 OTO 15:45:14
0.0008 350000 OTO 15:45:14
0.0008 4700000 OTO 15:41:56
0.0009 566800 OTO 15:41:49
0.0008 50000 OTO 15:40:23
0.0009 50000 OTO 15:40:23
0.0009 2500000 OTO 15:39:59







Knobias Headlines
Daily List
Monthly Share Volume
Real
 
Posted by cottonjim on :
 
I have their daily volume at 196,926,160. If that is accurate and they are buying back their full amount daily, they could have bought 49,231,540. The after hours shares that were traded = 57,222,800, to much for todays volume. It is interesting that the last 6 after hours trades equal exactly 50 mil. together though. What are the chances that they are a day behind on volume? In other words, they have to arrange for the purchase based on yesterdays volume. Just a thought. I hate speculating things like this, you just never know, could be brokers clearing their books. Who the h*ll knows.
 
Posted by ZeroCool on :
 
I agree with you cottonjim. have about the same no.'s on buyback- and have start dated that about 3 weeks ago when price should have jumped up imo. MM's covering while co. buying back- short positions probably are not that high. My pessimistic estimate would put the buy back at about 1.2b shares at present. IN MY OPINION; they have arranged financing to cover operations, launching of forex, duetch ipo. But looking at their capital structure, and estimating generic cost- I believe they also arranged financing for up to 3b share buy back=$3million....not alot when you look at the market share of a $1.7trillion industry. if chnw's forex site can gain a small tenth of 1%= $1billion annually! But just to be a basher for a second, even a hundredth of a percent would be awesome. Lenders bite at opportunity- chnw has wachovia backing-they go for the gold. Don't trade this stock! invest, and ride it all the way up-$3.00 by this time next year- this is the stock that everybody always wishes they had after it rocket's up. Flipper's and profit taker's will have 20/20 hindsight and continue to plug away day after day, hoping for the "big one", while investor's will enjoy a comfortable life (depending on how many shares you got) lol
 
Posted by ZeroCool on :
 

 
Posted by tmanfromtexas on :
 
Jim, I can appreciate the brokers clearing the books. This isnt the first pink to have this happen but 25% of the volume? AND this isnt the first day. I am not saying they are buying back, but damn, there has to be a reason other than clearing in my book. I dont have the answer but if they cant show 25% of the daily trades during the day something is weird. Plus I have been drinking so what do I know. LOL. TMAN...
 
Posted by SherriT on :
 
Oh dear, TMAN, please tell me you have not been to the CSHD Kool-Aid Stand???? [Big Grin]

I haven't been following the last couple of weeks, though I do know the Forex site is up and running. All of the after hours stuff is very interesting....one of the things that doesn't make much sense to me is why the price is still so low. Sure, not $1 or anything like that right now, but .0009 even in the range?

ZeroCool - you posted that they have backing from Wachovia - how do you know that? And, are you saying a backer in the form of a loan, or backer in that they are invested in the company in other ways?

Thanks all!
 
Posted by cottonjim on :
 
quote:
Originally posted by tmanfromtexas:
Jim, I can appreciate the brokers clearing the books. This isnt the first pink to have this happen but 25% of the volume? AND this isnt the first day. I am not saying they are buying back, but damn, there has to be a reason other than clearing in my book. I dont have the answer but if they cant show 25% of the daily trades during the day something is weird. Plus I have been drinking so what do I know. LOL. TMAN...

Easy now Tman, bad things happen when we drink and post ROTFLMAO. No, I didn't remember my password, I forgot something at work so I had to come back. It's a really long 4 block commute [Smile]
 
Posted by tmanfromtexas on :
 
LOL. I am trying to be good. I am gonna sleep late and hopefully wake up rich. lol. TMAN...
 
Posted by cottonjim on :
 
Don't sleep to late, you might wake up broke [Wink]
 
Posted by cottonjim on :
 
Hey T, when your used to getting up at 5-5:30 anyways, exactly how late is sleeping in late anyways? You should be up, drank 5 cups of coffee, cleaned the house, and made breakfast before market open, and still have slept in. LMAO (found my password, at home now for the first time as cottonjim, how exciting, I might post all night (not))
 
Posted by iwannna on :
 
Press Release Source: Esprit Financial Group


Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Successful Launch of New Forex Website
Thursday April 5, 6:00 am ET


LAS VEGAS, NV, April 5 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce that it has received several hundred sign-ups for Forex demo trading and live trading during the first 2 days of operation. Many of these were received via direct email, while others use the submission form at the cashnow.com website.
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The Company is making some minor administrative modifications in conjunction with Advanced Markets, Inc. primarily in the administrative back office reporting area. However, the site (www.cashnow.com) has operated up to all expectations during this first week of live trading, with no reports of system problems.

Esprit's webmaster will be tracking traffic for analysis in conjunction with Advanced Markets throughout the remainder of the week, and will provide additional updates early next week.

In other news, the Company has developed a mirror website with completely revamped graphics. It will be launched over the long weekend, at www.lowpips.com. This will be an autonomous website. As the Forex trading program rolls out, the Company is evaluating offering sub-IB accounts within the 'Biz-Opps' community as a mid-term business growth model. The Company will provide fully functional trading websites, along with advanced Search Engine Optimization (SEO) to qualifying candidates.

Garr Winters, Esprit CEO concludes that: "This launch week has met our every expectation from a technical and sales perspective. We purposely started without aggressive marketing, to allow for a shakeout period. We now feel confident in the system, and will step up the online marketing support to drive traffic to the site. With the launch of the second website, we will be able to capture a broader audience responding to a completely different look and feel from a graphics point of view. This will also be very effective as a tool to optimize SEO marketing initiatives."

About Esprit Financial Group Inc.

Esprit Financial Group Inc., (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.

Payday Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.

Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.

Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and providing banking capabilities to consumers without requiring that they have a bank account.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group
 
Posted by tmanfromtexas on :
 
Hey jimbo...I get up at 4 AM while I am working in this God forsaken place. I didnt set the alarm and still woke up at 4. I was none to happy. lol. the hangover didnt help either. LOL. Now on to the new Esprit... that fluff pr stuff needs to stop. HOLY COW! Give us some substance or stfu until you do. I still have this but when I see crap like this it just doesnt sit well with me. Oh well, the market is always contrary to the way I feel so we will probably go TO DA MOOOOONNNNN! sorry had to say it. TMAN...
 
Posted by bobcat88 on :
 
My Scottrade account is wacky this AM with CHNW, anyone else?
 
Posted by Gary59 on :
 
Mine too the % screwed up and charts bad
 
Posted by mindspin311 on :
 
Yea.. says it closed at .00
 
Posted by mindspin311 on :
 
Ask at .0009. Good time to reload.
 
Posted by cottonjim on :
 
Today, no big buys after the bell... HMMM, this is a tough nut to crack methinks.
 
Posted by KP on :
 
quote:
Originally posted by SherriT:


ZeroCool - you posted that they have backing from Wachovia - how do you know that? And, are you saying a backer in the form of a loan, or backer in that they are invested in the company in other ways?

Thanks all!

http://www.cashnow.com/forex_account_deposits2.html
 
Posted by madmoney on :
 
quote:
Originally posted by KP:
quote:
Originally posted by SherriT:


ZeroCool - you posted that they have backing from Wachovia - how do you know that? And, are you saying a backer in the form of a loan, or backer in that they are invested in the company in other ways?

Thanks all!

http://www.cashnow.com/forex_account_deposits2.html
that link indicates they have an account with wachovia, thats way different than "backing" LOL!!!
 
Posted by KP on :
 
Just EFT capabilities are with them...that's all.
 
Posted by ZeroCool on :
 
madmoney-

wachovia backing- as in- they have arranged financing for this expansion through wachovia-- in what way? i haven't been able to find out. But from my experience- it makes economic sense that they would be buying back shares- waaaay too much in the float.
In order to accomplish goals they have been pr'in- they absolutely have to tighten up financials-(in order to obtain underwriting)If it was pre-loan; we would have seen a whole different chnw to this point. as it stands- i believe it was an investment deal/operations restructuring--required to close it. With probably hundreds of conditions. I can say with most certainty, "besides profit- i think raising pps is no. 1 prority" I think that is a requirement for the financing- w/target prices over next 3 yrs.

any thoughts? I have been on here for over a year now, and just recently decided to post my opinions. In that time I have followed the post- and I have found about 10 or so people I have come to appreciate and respect, you are one of them. thank you

pump n' dump is like collecting cans- any idiot can do it- i'm not an idiot(i hope,lol)
 
Posted by CashCowDave on :
 
Informed sources tell me HUGE NEWS coming Tuesday..have been accumlating.
 
Posted by mindspin311 on :
 
Dave.. Who are your sources?
 
Posted by T e x on :
 
quote:
Originally posted by CashCowDave:
Informed sources tell me HUGE NEWS coming Tuesday..have been accumlating.

sounds like insiders, there, Dave--is that what you're saying: you have inside info?
 
Posted by tmanfromtexas on :
 
It was probably someone over at I hub. LOL. TMAN...
 
Posted by CashCowDave on :
 
maybe 'informed sources' was wrong choice of words..try this..

Major news supposed to be out Tuesday on CHNW.. from 'a real lucky guesser' that calls me occasionally.

and it was confirmed by my reading of coffee grounds..(am not a tea drinker..)

[Smile]
 
Posted by ZeroCool on :
 
dude- that's hilarious!

Just want to clarify what I said about "Wachovia backing". Wachovia is a financial powerhouse! Wachovia has ton's of subsidiaries. You could say they have an extremely diverified portfolio. I love this bank- they love the Benjamin's. I live in an area where Wachovia is investing HUGE amounts for urban renewal, business development, civil renewal. As for my posting's concerning them and CHNW- I tend to shortcut...just giving the most pertinent info and conclusion's, leaving the static details out.

Also, I have a few analysis, that are used for intangible aspects of research. That being said- the "statistical probability" of CHNW in a financing relationship with Wachovia is "82%" also confirmed by my "coffee grounds"-(i hate tea. too)lol
 
Posted by cottonjim on :
 
quote:
Originally posted by ZeroCool:
dude- that's hilarious!

Just want to clarify what I said about "Wachovia backing". Wachovia is a financial powerhouse! Wachovia has ton's of subsidiaries. You could say they have an extremely diverified portfolio. I love this bank- they love the Benjamin's. I live in an area where Wachovia is investing HUGE amounts for urban renewal, business development, civil renewal. As for my posting's concerning them and CHNW- I tend to shortcut...just giving the most pertinent info and conclusion's, leaving the static details out.

Also, I have a few analysis, that are used for intangible aspects of research. That being said- the "statistical probability" of CHNW in a financing relationship with Wachovia is "82%" also confirmed by my "coffee grounds"-(i hate tea. too)lol

Why do you pump like that dude? 82% chance of Wachovia being a backer, based on your cofee grounds. Dude, that is complete B.S., it's clearly a 74% chance, everyone can see that. We don't need you coming around here and trying to build false expectations for this compan.............. hold up, my bad, apparently I was looking at decaf grounds. After I recalculate using the known decaf multiplier, your right on. Good form my boy, good form [Smile]
 
Posted by dalton05 on :
 
News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK)
Announces Agreement With Japanese Company to Market Advanced Electronic
Funds Management Products)


LAS VEGAS, NV, April 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- EspritFinancialGroup Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK)
www.espritfinancialgroup.com is pleased to announce an Agreement in
Principlewitha Japanese company regarding the marketing of products from Esprit's
Advanced Electronic Funds Management (AEFM) division.This announcement comes on the heels of a recent deal with another
Japanesecompanyto establish a chain of Payday loan outlets along the coast of southern
California using Esprit's proprietary software and expertise from its
PaydayLoanDivision.

This new agreement pertains to the Company's EM2 and 'Cash Now 21'
products, andisthe first significant business deal for the Company's new AEFM division
headed by Jack Chang, one of the original inventors of the ATM machine.As previously announced, the 'Cash Now 21' service is based on U.S.
Federal Lawunderthe Check Clearing for the 21st Century Act, which defines an approved
methodology on how financial institutions can expedite check clearing
usingadvancedelectronic methods. Under this new system, digital images of the front
and back of a check are created, capturing all of the information
digitally,thentransmitted via secured internet connection to a check 21 bank/processor
and directly to the Federal Reserve System. The Federal Reserve System
thenforwardsdata to the Paying Bank.

Checks drawn on a U.S. Account for deposit in international markets
usually takeweeksto clear. Esprit's Cash Now 21 reduces the clearance time to a mere 3
business days or less. For foreign markets such as Japan that have
significantfundsflow back and forth from the U.S., this becomes an invaluable asset.
Esprit is believed to be the first non-financial institution to offer thisservice,based on relationships with international banks that have been
developed over the last decade or more.The Division's EM2 product is a very sophisticated solution that enables
electronic transfer of funds within the International arena, with
tremendousflexibilityand capability. EM2 (Electronic Money Management) Electronic Wallet
is essentially an online banking and checking account accessible to both
bankedandunbanked customers. This can be linked, when appropriate, with prepaid
debitorVisa branded credit cards, to allow retail transactions in international
markets.EM2 provides a proprietary, leading edge infrastructure for international
moneytransfersproviding advanced encryption techniques for security, while
facilitating the rapid transfer of funds between countries. Funds can betransferredin a wide variety of ways, depending on customer requirements. These
include: - E-wallet to E-wallet transfers

- EM2 transfers to debit cards, prepaid Visa cards, etc. - Transfer of funds through Esprit's integrated Proprietary Network

covering 190 countries. Access to this network costs less than current bank wire transfers or SWIFT international bank transfers.

- E-checks are available and these electronic checks are cleared through existing Automated Clearing House processors.

- Wire Transfer can be accommodated via Fedwire. - Access to the SWIFT international wire transfer network allows

transfers from bank account to bank account, covering roughly
8,000 banks in 206 countries and territories worldwide.

- Traditional Checks can be drawn from an e-wallet account. - EM2 E-wallets can be loaded globally from existing bank accounts.



Garr Winters, Esprit CEO, commented that; "Our Advanced Electronic FundsTransferdivision is developing at break net speed. We have been in
conversations with our Japanese client for many months now. With Jack
Chang onboard,we're ready to start closing deals. This past couple of weeks, we have
been fortunate enough to develop 2 different Japanese deals from 2
separatedivisions.However, this is not the only international market being developed.
We hope to have some announcements in South America within the next few
weeks.""Jack has done an amazing job developing the software, infrastructure and
relationships with multiple international banks to make EM2 a reality. Thebottomline is that we are first movers in international finance to offer the
ultimate combination of extensive flexibility, capability, high speedtransactionexecution and lower user costs to market sectors that have
traditionally been underserved. This refers to retail customers, small andmid-capcompanies, and companies with specialized funds transfer needs such as
payroll for foreign workers and Multi-Level Marketing organizations."Winters added; "We will be providing additional information on the
products andservicesoffered by the AEFM division in the near future. However, we have the
happy circumstance of 'gathering low-hanging fruit' from deals that have
beenunderquiet development in the background, and are ready to close."

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public
companyengagedin a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, andcontinuesto develop the most comprehensive menu of services in the cash advance
industry and will retain the Cash Now brand for many of these services.Operationsinclude licensing of a comprehensive suite of Internet-based payday
loan and check cashing software and private label back end office systems
forthesub prime market, under the Cash Now banner. The company's proven business
model comprises operations in the U.S. and Canadian markets as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.Forex: Additionally, the Company's Forex Trading division offers an
innovativelow-costonline Forex trading service at www.cashnow.com. The Company acts as an
Introducing Broker for Advanced Markets, Inc., and is targeted to serious
daytraders.All transactions are handled on a streaming pass-through basis. There
is no trading desk, and no manipulation of quotes that lag the actual
interbankmarket.Importantly, traders can continue to trade actively even during volatile
periods that result from major news events of publishing of market
reports.Advanced Electronic Funds Management: The Company's Advanced Electronic
FundsManagement(AEFM) division offers Cash Now Check 21 - an advanced checking
clearing service that can significantly reduced holdback periods by
bankinginstitutions,particularly valuable for international markets. Its EM2
(Electronic Money Management System) product is a comprehensive e-wallet
capableofmanaging multiple bank accounts, remitting funds worldwide and provide
banking capabilities to consumers without requiring that they have a bankaccount.Information in this press release may contain 'forward-looking
statements.'Statementsdescribing objectives or goals or the Company's future plans are also
forward-looking statements and are subject to risks and uncertainties,
includingthefinancial performance of the Company and market valuations of its stock,
which could cause actual results to differ materially from those
anticipated.Forward-lookingstatements in this news release are made pursuant to the 'Safe
Harbor' provisions of the United States Private Securities Litigation
Reform Actof1995. Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including, without limitation, risks relating to
theabilityto close transactions being contemplated, risks related to sales,
continued acceptance of Esprit Financial Group's products, increased
levels ofcompetition,technological changes, dependence on intellectual property rights
and other risks detailed from time to time in Esprit Financial Group's
periodicreportsfiled with the regulatory authorities.

SOURCE Esprit Financial GroupCONTACT: Esprit Financial Group Inc., cashnowcorp*cashnow.com
 
Posted by CashCowDave on :
 
CHNW news..for MONDAY..

CHNW News!....

http://biz.yahoo.com/prnews/070409/to379.html?.v=16

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Agreement With Japanese Company to Market Advanced Electronic Funds Management Products
Monday April 9, 8:00 am ET


LAS VEGAS, NV, April 9 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce an Agreement in Principle with a Japanese company regarding the marketing of products from Esprit's Advanced Electronic Funds Management (AEFM) division.


This announcement comes on the heels of a recent deal with another Japanese company to establish a chain of Payday loan outlets along the coast of southern California using Esprit's proprietary software and expertise from its Payday Loan Division.

This new agreement pertains to the Company's EM2 and 'Cash Now 21' products, and is the first significant business deal for the Company's new AEFM division headed by Jack Chang, one of the original inventors of the ATM machine.

As previously announced, the 'Cash Now 21' service is based on U.S. Federal Law under the Check Clearing for the 21st Century Act, which defines an approved methodology on how financial institutions can expedite check clearing using advanced electronic methods. Under this new system, digital images of the front and back of a check are created, capturing all of the information digitally, then transmitted via secured internet connection to a check 21 bank/processor and directly to the Federal Reserve System. The Federal Reserve System then forwards data to the Paying Bank.

Checks drawn on a U.S. Account for deposit in international markets usually take weeks to clear. Esprit's Cash Now 21 reduces the clearance time to a mere 3 business days or less. For foreign markets such as Japan that have significant funds flow back and forth from the U.S., this becomes an invaluable asset. Esprit is believed to be the first non-financial institution to offer this service, based on relationships with international banks that have been developed over the last decade or more.

The Division's EM2 product is a very sophisticated solution that enables electronic transfer of funds within the International arena, with tremendous flexibility and capability. EM2 (Electronic Money Management) Electronic Wallet is essentially an online banking and checking account accessible to both banked and unbanked customers. This can be linked, when appropriate, with prepaid debit or Visa branded credit cards, to allow retail transactions in international markets.

EM2 provides a proprietary, leading edge infrastructure for international money transfers providing advanced encryption techniques for security, while facilitating the rapid transfer of funds between countries. Funds can be transferred in a wide variety of ways, depending on customer requirements. These include:


- E-wallet to E-wallet transfers
- EM2 transfers to debit cards, prepaid Visa cards, etc.
- Transfer of funds through Esprit's integrated Proprietary Network
covering 190 countries. Access to this network costs less than
current bank wire transfers or SWIFT international bank transfers.
- E-checks are available and these electronic checks are cleared
through existing Automated Clearing House processors.
- Wire Transfer can be accommodated via Fedwire.
- Access to the SWIFT international wire transfer network allows
transfers from bank account to bank account, covering roughly 8,000
banks in 206 countries and territories worldwide.
- Traditional Checks can be drawn from an e-wallet account.
- EM2 E-wallets can be loaded globally from existing bank accounts.

Garr Winters, Esprit CEO, commented that; "Our Advanced Electronic Funds Transfer division is developing at break net speed. We have been in conversations with our Japanese client for many months now. With Jack Chang on board, we're ready to start closing deals. This past couple of weeks, we have been fortunate enough to develop 2 different Japanese deals from 2 separate divisions. However, this is not the only international market being developed. We hope to have some announcements in South America within the next few weeks."

"Jack has done an amazing job developing the software, infrastructure and relationships with multiple international banks to make EM2 a reality. The bottom line is that we are first movers in international finance to offer the ultimate combination of extensive flexibility, capability, high speed transaction execution and lower user costs to market sectors that have traditionally been underserved. This refers to retail customers, small and mid-cap companies, and companies with specialized funds transfer needs such as payroll for foreign workers and Multi-Level Marketing organizations."

Winters added; "We will be providing additional information on the products and services offered by the AEFM division in the near future. However, we have the happy circumstance of 'gathering low-hanging fruit' from deals that have been under quiet development in the background, and are ready to close."


About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.

Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.

Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduced holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.
 
Posted by dalton05 on :
 
Cashcow I posted that pr an hour ago
 
Posted by tmanfromtexas on :
 
Trying to get some cheap but it aint happenin...
TMAN...
 
Posted by dalton05 on :
 
Tman - you should be able to buy this for .0009 without a problem
 
Posted by cottonjim on :
 
added more at .0009, average now .001
 
Posted by mindspin311 on :
 
I'll reload if we get down to .0007 or .0008, but I think name change will happen before we get any lower
 
Posted by tmanfromtexas on :
 
I got some at 8. It took a while. TMAN...
 
Posted by mindspin311 on :
 
Someone just bought 450 shares at .0009. Gonna bring volume through the roof!! [Smile]
 
Posted by CashCowDave on :
 
HUGE CHNW NEWS coming tomorrow is the rumor..
grab you a starter while you can..
am adding here!
 
Posted by mindspin311 on :
 
I agree. Coffee grounds never lie [Smile]
 
Posted by dalton05 on :
 
oh yes another fluff pr
 
Posted by dalton05 on :
 
The only only thing we are missing with this is someone saying "get on board this thing is going to go through the roof don't miss the bus" - ok i said it.
 
Posted by cottonjim on :
 
quote:
Originally posted by mindspin311:
I agree. Coffee grounds never lie [Smile]

LOL, I have to use the coffee ground method myself. I have way to many kids to have crystal balls, LMAO. Sorry if that offended anyone but it was right there for the taking [Smile]
 
Posted by Invaliderror on :
 
TO DA MOOOOOOOOOOOOOOOOOON! [Razz]

Eventually...
 
Posted by tmanfromtexas on :
 
LMAO Jim. That was too funny. Screw the moon.... TO MMMMMAAAAAAAAAAAAAAARRRRRRRRRRRSSSS!!!! heheh. TMAN...
 
Posted by ZeroCool on :
 
quote:
Originally posted by cottonjim:
quote:
Originally posted by ZeroCool:
dude- that's hilarious!

Just want to clarify what I said about "Wachovia backing". Wachovia is a financial powerhouse! Wachovia has ton's of subsidiaries. You could say they have an extremely diverified portfolio. I love this bank- they love the Benjamin's. I live in an area where Wachovia is investing HUGE amounts for urban renewal, business development, civil renewal. As for my posting's concerning them and CHNW- I tend to shortcut...just giving the most pertinent info and conclusion's, leaving the static details out.

Also, I have a few analysis, that are used for intangible aspects of research. That being said- the "statistical probability" of CHNW in a financing relationship with Wachovia is "82%" also confirmed by my "coffee grounds"-(i hate tea. too)lol

Why do you pump like that dude? 82% chance of Wachovia being a backer, based on your cofee grounds. Dude, that is complete B.S., it's clearly a 74% chance, everyone can see that. We don't need you coming around here and trying to build false expectations for this compan.............. hold up, my bad, apparently I was looking at decaf grounds. After I recalculate using the known decaf multiplier, your right on. Good form my boy, good form [Smile]
That's funny, and ya know I can't just say 100%, I have not used the decaf multiplier- still learning.lol

Are you in deep?

I'm into my waist.

July is what i'm waiting for- after the PR about the buyback, I see at least .01 maybe a little more. I take my capital off the table, and farm the rest.

Thanks for the laugh, needed it!
 
Posted by dalton05 on :
 
Yet more Fluff folks

News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK) Advises
of Management Trip to Europe and Hong Kong)


LAS VEGAS, NV, April 10, 2007 /PRNewswire-FirstCall via COMTEX/ -- EspritFinancialGroup Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK)
www.espritfinancialgroup.com has flown executives to Europe to beginestablishinga call center in advance of the launch of the Company's European
forex trading website. This will be a multi-lingual forex trading website
andsupportservice, covering the following markets;





- English - French

- Spanish - German

- SwedishAs previously announced, the Company is currently in the process of
registeringtotrade on the Frankfurt Exchange. The establishment of the European call
center and listing on the Frankfurt will not only drive additional
businessrevenuestreams in this key market, but is anticipated to significantly broaden
the shareholder base beyond the North American market.The team will be continuing on to Hong Kong later this week, and will be
evaluating several opportunities within the Asian market. This includes
thepossibilityof developing a Chinese forex website. The Company believes there
will be growing interest in Forex trading in the Asian markets, given thepotentialvolatility in exchange rates between Asian and U.S. markets.

The Company will also be meeting with a group that has expressed strong
interestinEsprit's 'Cash Now 21' product. This would provide very significant
benefitswithinAsian markets in clearing U.S. funds, reducing the time to clear checks
from the current several weeks to 3 business days.CEO Garr Winters notes; "We are seeing tremendous synergy between the
Company'sestablishedand new financial services industry divisions. It is apparent to us
that demand for International Electronic Funds Transfer will continue to
growdramatically,and Esprit has a 'first mover' advantage as the first
non-financial institution to benefit from this increasing demand."Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public
companyengagedin a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, andcontinuesto develop the most comprehensive menu of services in the cash advance
industry and will retain the Cash Now brand for many of these services.Operationsinclude licensing of a comprehensive suite of Internet-based payday
loan and check cashing software and private label back end office systems
forthesub prime market, under the Cash Now banner. The company's proven business
model comprises operations in the U.S. and Canadian markets as well as
severalforeignmarkets. Additionally, the Company's website is the most advanced
payday-lending portal, offering key insight to clients and potential
clientsalike.Forex: Additionally, the Company's Forex Trading division offers an
innovativelow-costonline Forex trading service at www.cashnow.com. The Company acts as an
Introducing Broker for Advanced Markets, Inc., and is targeted to serious
daytraders.All transactions are handled on a streaming pass-through basis. There
is no trading desk, and no manipulation of quotes that lag the actual
interbankmarket.Importantly, traders can continue to trade actively even during volatile
periods that result from major news events of publishing of market
reports.Advanced Electronic Funds Management: The Company's Advanced Electronic
FundsManagement(AEFM) division offers Cash Now Check 21 - an advanced checking
clearing service that can significantly reduced holdback periods by
bankinginstitutions,particularly valuable for international markets. Its EM2
(Electronic Money Management System) product is a comprehensive e-wallet
capableofmanaging multiple bank accounts, remitting funds worldwide and provide
banking capabilities to consumers without requiring that they have a bankaccount.Information in this press release may contain 'forward-looking
statements.'Statementsdescribing objectives or goals or the Company's future plans are also
forward-looking statements and are subject to risks and uncertainties,
includingthefinancial performance of the Company and market valuations of its stock,
which could cause actual results to differ materially from those
anticipated.Forward-lookingstatements in this news release are made pursuant to the 'Safe
Harbor' provisions of the United States Private Securities Litigation
Reform Actof1995. Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including, without limitation, risks relating to
theabilityto close transactions being contemplated, risks related to sales,
continued acceptance of Esprit Financial Group's products, increased
levels ofcompetition,technological changes, dependence on intellectual property rights
and other risks detailed from time to time in Esprit Financial Group's
periodicreportsfiled with the regulatory authorities.

SOURCE Esprit Financial GroupCONTACT: Esprit Financial Group Inc., cashnowcorp*cashnow.com
 
Posted by tmanfromtexas on :
 
They are gonna fluff this pillow til they knock all the feathers out of it. If they are gonna PR something then give a date for the name change and cusip change along with some audited financials. TMAN...
 
Posted by pincher on :
 
how are our shares affected by the new shares going on sale on the frankfurt exchange. I recall the 15th as the date on which these new shares will be available,is name change stalled till then?
 
Posted by dalton05 on :
 
bid is down to .0007 we need some some positive numbers or this will continue to go lower.
 
Posted by mindspin311 on :
 
Trying to double down at .0007. Now I got enough shares to flip and invest [Smile]

And damn those coffee grounds for lying to us.. twas supposed to be great news today to push it.
 
Posted by tmanfromtexas on :
 
Got some more at 7. I am happy. TMAN...
 
Posted by mindspin311 on :
 
Ask down to 0007 and didn't fill. ugh
 
Posted by dalton05 on :
 
ask was down briefly to .0006 what is happening with this.The more Pr's com out the more this goes down
 
Posted by dalton05 on :
 
B/A .0006 - .0007
 
Posted by mindspin311 on :
 
Got filled at 0007 [Smile] Honestly didn't see this going below 0008, but glad to get filled up again this low.
 
Posted by mindspin311 on :
 
Dalton: the only news that will push this up is the symbol change date, good financials, being aquired, or a huge contract/partnership.. Right now we know at least one of those will happen in the near future, so stay optimistic [Smile]
 
Posted by dalton05 on :
 
What is changing there name going to do - still the same company - these are micro stocks i am kicking myself for not selling at .0015 even after everyone says don't hold these too long
 
Posted by Invaliderror on :
 
Changing the name will take care of any short position and well see what the share structure really is. Something like that.
 
Posted by Invaliderror on :
 
Time to start watching it if your not in yet. All signs pointing up on this...any day now. Be ready for this thing to go TO DA M.0001N!!!
 
Posted by ZeroCool on :
 
quote:
Originally posted by Invaliderror:
Time to start watching it if your not in yet. All signs pointing up on this...any day now. Be ready for this thing to go TO DA M.0001N!!!

sing it, brother
 
Posted by cottonjim on :
 
TO DA M.0001N!!!, what kind of subliminal $hit are you tryin to pull over here invalid? [Wink]
 
Posted by Lexluthor on :
 
Hey guys been watching this one a bit, looks like this is a good time to load up??
 
Posted by CashCowDave on :
 
Lex..yes..back up the truck and load up..IMO..

fresh CHNW company email..

CHNW company email to large shareholder..


From: Cash Now Corp <cashnowcorp*cashnow.com>
SpamShield Pro Actions...Report spam & move to: Trash Approve senders


To: <XXXXXXXXXXXXXXXX.com>
Subject: Re: Major Shareholder
Date: Wed 04/11/07 01:20 AM


We are told any day now for a symbol change. They keep coming up with
new requests that we are complying with. We issue news to keep
shareholders advised and make the market. We get accused of issuing
fluff etc but remember we are an unsolicited stock so without 1 PR a
day there would be no market made.All investors stock would be
worthless as the volume would dry up. This is what some want by the
way. I think we all know who we are talking about. This is not going
to happen under our watch. We constantly try to bring in new buyers
and new markets like Frankfurt (and others)Others meaning those we
havent announced yet but when you read the news this morning that will
give you a tip of what we are trying to do.

Someone came out with an idea that Tango Cafe and ReNu are part of
CHNW, and the sell off started as many investors were negative on the
coffee biz and biochem being mixed in a financial company. They are
not part of CHNW!!. They are investors of CHNW and backers. This rumor
nonsense started on your board we are told and spread like wild fire.
All we ask is that if supporters are posting this then they are
bashers and do not support anything. Supporters should simply ask us
1st and we will answer. Someone said that there are 56 domains on Cash
Now servers. They missed a few zeros. Some of these sites are
developed some are just pointers some are just mothballed waiting for
an opportunity to pop in. We are not involved in 100 different
unrelated businesses! we are in the Forex and sub prime software sales
and money transfer business. Yes CHNW does have other assets it
purchased over the years where it is a shareholder a majority
stakeholder a joint venture partner a silent partner a venture
capitalist an invoice discounter to name a few but that doesnt mean we
are in that or those businesses. Just like you own stock in CHNW does
not make you a Forex business owner! We are no different.

I must have answered 150 such e mails in the last 3 days.

Where I get stumped is when Im told person X whos your 110% supporter
issued this post and others assume that it must be true! Then we are e
mailed all the links. People can tell bashers from supporters but when
a supporter goes on a rampage saying look I found this I found this
then it hurts us all.

We also think that the sell off will soon cease and we should see a
reversal of price soon. You should also see higher volumes as backers
step in to assist and stop the slide. (This is what Im told) There are
constant flippers that buy and sell and yes they bash and undermine
the company. We all know what their motive is.
There were a great deal of e mails of Garr said this and Garr said
that. I have spoken to Garr and he tells me he took a few calls to
assist. If anything was said its being taken out of context. Try
talking to another CEO by just calling as a stranger. What we have
here is something unique and a unique team.

All of the news issued tells a story. We are building and rebuilding a
great company. I can not tell you yes the stock will go to X price it
will go up etc. All I can tell you is that we are doing the best we
can under the circumstances that we are generating revenue and that
there will be no stock split or reverse. I know we get that asked allot.

Sorry for all the typos and mis spells (if any Im sure there is) as Im
using our web based e mail and answering the e mails from the airport
lounge.

Simply put for the supporters just ask your questions and we will
reply as permited by law, this has sent us sideways but we hope that
in the next few days with the PRs we will issue and other things we
will do as an emergency measure we will or we should reverse the down
trend.


Best Regards

Michael
Cash Now. Com
 
Posted by iwannna on :
 
Press Release Source: Esprit Financial Group


Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Plans to Launch Online Consumer Debt Settlement Service
Wednesday April 11, 7:00 am ET


LAS VEGAS, NV, April 11 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com has retained a New York based software development agency to build an Online Structured Debt Settlement Portal. The service will allow banks, financial institutions and other creditors to invite defaulted clients to negotiate a settlement online, in a neutral and non-confrontational manner. This will bypass traditional collection calls and mail delivered notices of default.
ADVERTISEMENT


CEO Garr Winters explains; "Current collection procedures don't work particularly well. They usually require telephone contact with collection officers that are very stressful to clients, who typically practice avoidance rather than resolution. Clients find these conversations very threatening and are often is not in a position to pay off the debt."

Winters added; "Our new service portal will allow creditors to invite their clients to visit the Cash Now Structured Debt Settlement website. Once there, customers will be able to make proposals and negotiate a settlement with creditors in a non-confrontational environment. All information between the parties will be protected by a heavily encrypted Trust Vault, patterned after the Company's proprietary Trust Vault developed for its Payday Loan division."

The original Trust Vault deployed by the Cash Now Payday loan division was programmed to allow borrowers to apply for loans in a secured environment, and allow lenders to review various loan applications and approve or deny specific loan requests.

The planned portal will use the same logic and functionality, but turn things around a little. Lenders will invite defaulted debtors to review and consider settlement proposals. Importantly, the service will be free to the borrowers. A percentage of the total settlement amount will be charged back to the creditor as a fee for the service. Importantly, this should result in significant savings to creditors versus current labor-intensive collection procedures. The settlement process will be largely automated, and creditors will be able to establish rule-based decision processes in evaluating settlement amounts. The company plans on offering the service free to both the creditor and the debtor and only charge a fee or a percentage of the debt recovered on a sliding scale basis, with the fee charged to the credit grantor only. The company estimates that this product may generate as much as several million dollars in revenue as a separate division alone.

Winters noted; "Much of the heavy lifting in terms of programming has already been done. We will be able to modify the Trust Vault concept without having to reinvent the wheel. We think the timing for this product couldn't be better. Americans have taken on a lot of debt in recent years, buoyed by increasing real estate values. It is inevitable that this will translate to a credit crunch for many."

Significantly, USA Today recently reported; The savings rate for 2006 was a negative 1%, meaning that not only did people spend everything they earned but they also dipped into savings or increased borrowing to finance purchases. The 2006 figure was lower than a negative 0.4% in 2005 and was the poorest showing since a negative 1.5% savings rate in 1933 during the Depression. The savings rate has been negative for an entire year only four times - in 2005 and 2006 and in 1933 and 1932.


About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.

Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.

Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.


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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group
 
Posted by CashCowDave on :
 
News is most excellent!..link provided..

http://biz.yahoo.com/prnews/070411/to437.html?.v=17

Wednesday, April 11 2007 7:00 AM, GMT-05:00 Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Plans to Launch Online Consumer Debt Settlement Service PR Newswire "US Press Releases "
LAS VEGAS, NV , April 11 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation ) (CHNW.PK) www.espritfinancialgroup.com has retained a New York based software development agency to build an Online Structured Debt Settlement Portal. The service will allow banks, financial institutions and other creditors to invite defaulted clients to negotiate a settlement online, in a neutral and non-confrontational manner. This will bypass traditional collection calls and mail delivered notices of default.
CEO Garr Winters explains; "Current collection procedures don't work particularly well. They usually require telephone contact with collection officers that are very stressful to clients, who typically practice avoidance rather than resolution. Clients find these conversations very threatening and are often is not in a position to pay off the debt."
Winters added; "Our new service portal will allow creditors to invite their clients to visit the Cash Now Structured Debt Settlement website. Once there, customers will be able to make proposals and negotiate a settlement with creditors in a non-confrontational environment. All information between the parties will be protected by a heavily encrypted Trust Vault, patterned after the Company's proprietary Trust Vault developed for its Payday Loan division."
The original Trust Vault deployed by the Cash Now Payday loan division was programmed to allow borrowers to apply for loans in a secured environment, and allow lenders to review various loan applications and approve or deny specific loan requests.
The planned portal will use the same logic and functionality, but turn things around a little. Lenders will invite defaulted debtors to review and consider settlement proposals. Importantly, the service will be free to the borrowers. A percentage of the total settlement amount will be charged back to the creditor as a fee for the service. Importantly, this should result in significant savings to creditors versus current labor-intensive collection procedures. The settlement process will be largely automated, and creditors will be able to establish rule-based decision processes in evaluating settlement amounts. The company plans on offering the service free to both the creditor and the debtor and only charge a fee or a percentage of the debt recovered on a sliding scale basis, with the fee charged to the credit grantor only. The company estimates that this product may generate as much as several million dollars in revenue as a separate division alone.
Winters noted; "Much of the heavy lifting in terms of programming has already been done. We will be able to modify the Trust Vault concept without having to reinvent the wheel. We think the timing for this product couldn't be better. Americans have taken on a lot of debt in recent years, buoyed by increasing real estate values. It is inevitable that this will translate to a credit crunch for many."
Significantly, USA Today recently reported; The savings rate for 2006 was a negative 1%, meaning that not only did people spend everything they earned but they also dipped into savings or increased borrowing to finance purchases. The 2006 figure was lower than a negative 0.4% in 2005 and was the poorest showing since a negative 1.5% savings rate in 1933 during the Depression. The savings rate has been negative for an entire year only four times - in 2005 and 2006 and in 1933 and 1932.
About Esprit Financial Group Inc.
Esprit Financial Group Inc , (formerly Cash Now Corporation ) is a public company engaged in a diversified number of online financial services.
PayDay Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc. , and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.
Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduce holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.
 
Posted by brackep on :
 
From this morning's PR: "The company estimates that this product may generate as much as several million dollars in revenue as a separate division alone."

I LIKE IT!!!!!
 
Posted by bobcat88 on :
 
Sure would be nice to see some financial information to get this rolling.
 
Posted by tmanfromtexas on :
 
I keep waiting on huge news. TMAN...
 
Posted by brackep on :
 
good volume, upticks, buying pressure will get us back to .001 - .0012 area soon
 
Posted by cottonjim on :
 
Seems to me, the only thing that is going to get this moving is a PR saying that they have bought back XXX Billion shares, audited financials, or 50 tons of C4. JMO
 
Posted by brackep on :
 
nice buys at ask, IMO we are ready to take off
 
Posted by brackep on :
 
ask is getting slapped boys and girls, let's get ready for the next leg up, IMO!
 
Posted by brackep on :
 
bid .0008(2) - ask .0009(2)
Change: +0.0002(+28.57%) Volume: 31.65 m
 
Posted by brackep on :
 
ask .0009(1) thinning
 
Posted by brackep on :
 
9's fallin
 
Posted by brackep on :
 
huge buys * ask now
 
Posted by brackep on :
 
If UBSS gets off the ask we go IMO
 
Posted by brackep on :
 
ask slapping:

0.0009 30000 OTO 10:31:26
0.0009 4825511 OTO 10:31:24
0.0009 2000000 OTO 10:27:54
0.0009 5000000 OTO 10:27:46
 
Posted by Invaliderror on :
 
quote:
Originally posted by cottonjim:
TO DA M.0001N!!!, what kind of subliminal $hit are you tryin to pull over here invalid? [Wink]

Subliminal? I was just in reference to the current down trend. Im still holding and expecting it to start going up as it is! WOOHOO!
 
Posted by Invaliderror on :
 
I love CHNW! Great investors invest in stock with value when the price is really low. This company definetly has value. People just see it as another sub penny stock. Once they make it to OTC this thing will really move, that and financials.

TO DA M$1000000N!!! More subliminal messaging!
 
Posted by brackep on :
 
IMO BHUB play is done for now, we should be able to get some new blood from BHUB into CHNW
 
Posted by brackep on :
 
within 1 hour and a half (around 2pm) we will know if the name change made it on the early list (the list get's updated a few times a day), if that's the case the NAME change would be in effect as of tomorrow ... let's get our thumbs up and pray!!!

http://www.otcbb.com/otherdailylist/index_2007.htm
 
Posted by brackep on :
 
and if it's not on the list today ... then we wait ... good PR's along with buying pressure will get us up also IMO :-)

let's gooooooo CHNW
 
Posted by brackep on :
 
lunch time almost over, we should see some volume coming in now IMO ...
 
Posted by Invaliderror on :
 
Charts looking good, Company is looking good, I'm looking good. I think were ready to run, name change or not. GO ME! JMO!
 
Posted by mindspin311 on :
 
Maybe it's just me, but didn't it seem like that email didn't come from someone in CHNW? Horrible grammar. Way too many !!!'s, constant reference to CHNW instead of ESPRIT...

I'm kind of new to all of this so maybe I'm wrong, but it didn't seem like a company rep saying that stuff.. Anyone else?

btw.. not trying to trash this. I own this, and am just trying to get some opinions on the 'email'.
 
Posted by Invaliderror on :
 
I think your right mindspin. It doesnt sound like a Micheal email that I've been reading...but then again, maybe thats the real one and the others are fake!? Dun dun DUN.

I guess thats why you trust the PR and chart and take those "Emails" with a grain of pepper.
 
Posted by bobcat88 on :
 
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5 Cmt%5C2007%5C04%5C11%5C91799844.html%26clientid%3D168%26provider%3DM2_COMMUNICAT IONS&symbol=CHNW
 
Posted by mindspin311 on :
 
Well name change didn't happen today. Let's hope by end of the week [Smile]
 
Posted by brackep on :
 
quote:
Originally posted by mindspin311:
Well name change didn't happen today. Let's hope by end of the week [Smile]

the NAME change can still be listed today, if it did it would be executed tomorrow ... they always announce changes one day before ...
 
Posted by mindspin311 on :
 
I meant the name change announcement on the site that was posted.
 
Posted by mindspin311 on :
 
Got up to .0008x.001 at end of day [Smile] Looking good.
 
Posted by CashCowDave on :
 
CHNW..up almost 25% yesterday..more CHNW news coming..
Payday advance coming to China, Japan and other countries, international Forex platform, e_Wallet international money transfers made simple..
debt collection services..
a lot in the pipeline..
am accumulating...looking for .002 short term..
much more long term, IMO.
 
Posted by brackep on :
 
quote:
Originally posted by CashCowDave:
CHNW..up almost 25% yesterday..more CHNW news coming..
Payday advance coming to China, Japan and other countries, international Forex platform, e_Wallet international money transfers made simple..
debt collection services..
a lot in the pipeline..
am accumulating...looking for .002 short term..
much more long term, IMO.

right on cashcowdave!
GOOOOOOOOOOOO CHNW
 
Posted by tmanfromtexas on :
 
OH MY GOD!!!!!!! There was no news this morning. What am I to read while I drink my coffee. lol. I am still waiting on that big news story. TMAN...
 
Posted by boneyardjeep on :
 
ok I just reloaded on more of these.....that should cause a jumpstart on the run.
 
Posted by brackep on :
 
8 buys on 10 trades this morning, looking good!!!!
GOOOOOOO CHNW
 
Posted by brackep on :
 
from ihub:

Posted by: KA12
In reply to: None Date:4/12/2007 10:59:57 AM
Post #of 30468

just talked with Ron. PLEASE, don't hold me to this if it doesn't happen, but Ron said Garr talked with the Nas and the TA should have the symbol today. I am really hopefull that it will happen and I think Ron is even more hopefull!
 
Posted by bobcat88 on :
 
Please be advised that NASDAQ has received the necessary documentation to process the Name change from Cash Now Corp.


This corporate action will take effect at the open of business 4/13/2007. The new symbol on this date will be EFGO.


Regards,

Jennifer


Jennifer A Fainer

The NASDAQ Stock Market Inc.

203.375.9609

Fax: 203.385.6381

corporateactions*nasdaq.com
 
Posted by brackep on :
 
goooooooo efgo!
 
Posted by brackep on :
 
http://www.otcbb.com/asp/dailylist_detail.asp?d=04/12/2007&mkt_ctg=NON-OTCBB

13:39 04/13/2007 CHNW Cash Now Corp Common Stock EFGO Esprit Financial Group Inc. Common Stock

NAME CHANGE OFFICIAL!!!!
 
Posted by tmanfromtexas on :
 
That is the news I have been waiting for. Thanks Brackep. TMAN...
 
Posted by Invaliderror on :
 
Hooray. Hooray. ITS PARTY TIME! GO EFGO GO! Why arent we moving yet?
 
Posted by cottonjim on :
 
Shouldn't someone be starting a "EFGO TOOO THE MOOOOOOOOOOOON" thread or something [Wink]
 
Posted by dalton05 on :
 
lol cottonjim - Like i said before the name is not going to impact this much but i will have to say it "ALL ABOARD DON'T MISS THIS TRAIN"
 
Posted by Invaliderror on :
 
quote:
Originally posted by cottonjim:
Shouldn't someone be starting a "EFGO TOOO THE MOOOOOOOOOOOON" thread or something [Wink]

Done.
 
Posted by brackep on :
 
Esprit Financial Group Inc. (Esprit) (CHNW.PK) Receives New Ticker Symbol
Thursday April 12, 3:15 pm ET


LAS VEGAS, April 12 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce it has received its new ticker symbol from NASD, and will now trade under symbol EFGO. The stock will begin trading under the new ticker symbol beginning tomorrow. In the interim, trades will continue to be executed under the old CHNW ticker.
ADVERTISEMENT


The Company has been advised by its transfer agent that enquiries for CHNW.PK will be automatically redirected to the new symbol. However, the Company encourages investors to note the new ticker to ensure they still have access to the latest Company and trading information.

Esprit CEO Garr Winters commented, "Receiving the new ticker symbol took a bit longer than we thought, apparently due to some simple delays in the application process".

Winters added, "The Company is undergoing a renaissance in the truest sense of the word. Our new Forex trading division and Advanced Electronic Fund Management division point to the diversification of electronically delivered financial services. We're expecting significant new revenues from these initiatives over the next several months. Essentially, we're entering a new phase of corporate growth, and the timing of this new symbol could not be any more appropriate".

Shareholders are advised that the switch to the new ticker symbol should not cause any trading interruptions for the stock.

About Esprit Financial Group Inc.

Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public company engaged in a diversified number of online financial services.

PayDay Loans: The Company is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. Operations include licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.

Forex: Additionally, the Company's Forex Trading division offers an innovative low-cost online Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious day traders. All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbank market. Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.

Advanced Electronic Funds Management: The Company's Advanced Electronic Funds Management (AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduced holdback periods by banking institutions, particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capable of managing multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bank account.

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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.


--------------------------------------------------------------------------------
Source: Esprit Financial Group
 
Posted by CashCowDave on :
 
Good solid strong close [Smile]
 
Posted by Lexluthor on :
 
You guys think it will be too late to guy this on monday?
 
Posted by boneyardjeep on :
 
the only time it is too late is when you look and it has doubled since that last time you saw it and you kick yourself in the head because you were going to buy it a long time ago but you didn't for some stupid reason or another....not like that has ever happened to me or anything, I was just saying thats all
 
Posted by HerbL_Remdy on :
 
guess all have moved over to efgo thread.
 
Posted by mindspin311 on :
 
Can we close this thread?
 


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