posted
CHNW will work like WWCD, which jumped from 0.001 to 0.016 in 4 weeks. It takes time to sonsolidate at bottom, not for flippers. You have to wait for 4-6 weeks for the MMs to collect enough shares at bottom. Try to work with the MMs and wait. This is not a stock for pump/dump, it will raise level by level after hitting the bottom. Stay away from it if you expect it to pop up soon.
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FORT LAUDERDALE, FL, Aug 25, 2006 (M2 PRESSWIRE via COMTEX) -- Cash Now Corporation (CHNW.PK) www.cashnow.com today announced the launch of its ecommerce based cashnowdirect.com site. The Cash Now Direct portal will allow the Cash Now licensees to do more on the Internet without having to depend on 3rd party suppliers. Vern Khosla the chief Cash Now enterprise developer has said this allows Cash Now licensees to have a 1 stop shop for all their ecommerce needs. This is exactly the type of product that the Cash Now licensees can benefit from. The Cash Now Direct site provides the very best combination of pricing, products and support available! The Cash Now business model embraces the Internet infrastructure and ecommerce. The Cash Now Direct site supplies the products, takes care of all the billing and renewals, and backs the Cash Now licensees with support and management tools. The Cash Now Direct portal can be accessed by licensees and other end users, generating revenues and additional client base for both Cash Now and it's licensees. In addition to providing full ecommerce capabilities the Cash Now Direct portal will allow the licensees to build multiple professional and sub prime financial Web sites to generate revenue and drive traffic to their virtual storefronts. This is an important factor added Mr.Kevin Price Cash Now Corporation CEO as the majority of revenue earned by the company and it's licensees is directly tied to the licensees having a good and viable vehicle to access these products.
-------------------- Patience - works best with non-penny stocks
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posted
PR will not work, unless the MMs have collected enough shares at bottom, normally it takes 4-6 weeks. See the chart of WWCD, and you will find out how they play the game.
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quote:Originally posted by JimSC: PR will not work, unless the MMs have collected enough shares at bottom, normally it takes 4-6 weeks. See the chart of WWCD, and you will find out how they play the game.
JimSC - Thanks for the heads up. I'm going to try to buy WWCD at .01, if possible. It looks to me there was a turning point the begining of August. But, I hope you are wrong about CHNW, seems to have more movement.
-------------------- Patience - works best with non-penny stocks
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Cash Now Corporation (CHNW.PK) Announces The Entry Into The Asian and Chinese Sub Prime System Licensing
FORT LAUDERDALE, FL, Aug 28, 2006 /PRNewswire-FirstCall via COMTEX/ -- Cash Now Corporation (CHNW.PK) www.cashnow.com today announced the intended launch of its ecommerce sub prime lending system licensing into the Asian markets with its focus particularly set on the China, Taiwan and Hong Kong marketplace. To do so, the company acquired for cash and stock the following domain names, namely; cashnow.hk.cn, cashnow.mo.cn, cashnow.tw.cn, cashnow.org.cn, cashnow.net.cn, and cashnow.com.cn. Initially these domain names will point to the company's main portal www.cashnow.com until the new sites are developed in the Chinese language. The Asian expansion will be managed by the company's office in Adelaide Australia. "Cash Now has been in Australia since 2003 and the company has dabbled into Asian expansion for some time now, this is a natural evolution and process for Cash Now" said John Falting Cash Now's President and Director of Operations in Adelaide Australia. Cash Now will now seek governmental licensing in South East Asian countries for Cash Now services as well as opening franchises and licensing its technology in this region. The potential revenue for 100 licensees in Asia has a potential to generate 10 to 30 million dollars in revenue annually. The company plans to attend and launch Cash Now in Tokyo Japan in March 2007 through a Franchise Show & Business Expo held there. "This is the largest meeting place for franchisors/new business companies and people who are looking for business opportunities" said Garr Winter Cash Now's Director of Marketing. "Until the approvals are obtained, the company plans to offer its sub prime secured debit cards through its portal www.cashnowcard.com" Mr. Winter added, "we are very excited about this opportunity."
In preparation for the 2008 Beijing Olympics, China UnionPay (CUP), the state-run credit payments company, is building a massive credit card infrastructure. There are currently just 5 million credit cards in the People's Republic and 50 million people who, based upon Western credit scoring analysis, would be eligible for credit cards, Chinese officials say. The Chinese government has recently laid the legal framework for the creation of a National Credit Bureau, which at the beginning will concentrate on collecting negative information on Chinese consumers, but later, like the major U.S. credit reporting agencies Equifax, Experian, and TransUnion will collect positive information too. "The bureau will also have access to information such as tax records, utility payments and criminal records - a level of data that civil liberties issues would prevent in most countries," Lafferty's Mobin says.
ABOUT CASH NOW
Cash Now Corporation (CHNW.PK), a pioneer in the Internet payday loan and check cashing industry, and 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 joint venture locations across the U.S. Canada Australia and UK. Additionally, Cash Now's website is one of the most advanced payday lending portals in existence, offering key insights to clients and potential clients alike - as well as the ability to complete payday loans on-line, via a phone call or in person. Cash Now offers a Payday Loan License program, Payday Express; a Payday Loan and Check Cashing License known as Check Express and an Authorized Agent Program for existing retail establishments; and a host of related financial services for small and medium-size businesses. 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.
posted
Something is confusing me with this stock. Shows the head office in Toronto and the transfer agent up there too. Then it shows they're out of Fort Lauderdale, FL. Then, it shows that they went from the BB to pink sheets in May, but what's confusing me is the A/S, O/S and float. According to the info, it shows the authorized as of June 16th, 2006 as 500,000,000. On that same date 6/16/06, it shows the FLOAT (which is less than or equal to the outstanding shs) as 245,000,000. THEN.. it shows the outstanding shares as of 6/30/06 (2wks later) as 99,756,709. Something is wrong with the numbers here. How is the o/s less than the float?
-------------------- "As long as there are dreamers, there are dreams that will come true."
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Something smells fishy, maybe its just because this is so risky, but......there were no trades today and for a while no bid price..then all of a sudden for a split seconde I saw a trade of 1.5m go thru at .0018, then immediately a 1.5m trade at .0025. Then a 200,000 trade that didn't even show up.
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Strange.. I don't, nor have I ever, owned this one, but I was doing some DD today and was trying to keep up with the recent ones being talked about.
-------------------- "As long as there are dreamers, there are dreams that will come true."
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Yep I am in this better than lottery game. Let us see how it pans out.... Quite a few shares I might add. Hope I make money like SPCI Bought 1m at 0.005 and sold at 0.02. Nice chunk of change...
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posted
Found this in my izone/TD Ameritrade news for CHNW. Cannot provide link....
Cash Now Corporation (Symbol: CHNW): Cash Now Corporation (CHNW.PK) To Offer The New Signature Debit Smart Cards
By M2 Last Update: 8/29/2006 8:04:32 AM Data provided by
FORT LAUDERDALE, FL, Aug 29, 2006 (M2 PRESSWIRE via COMTEX) -- Cash Now Corporation (CHNW.PK) www.cashnow.com today with Mono Bank PLC today announced the scheduled launch of its white label or private label smart cards that will offer the "smart card chip", by the end of 2006 fiscal year; through it's www.cashnowcard.com and www.monobanks.com sites. The Smart Debit Cards are prominently used in Europe and are scheduled for arrival into North America in the near future. The infrastructure is already incorporated into this technology by most of the Credit Card machines; however its use has not reached the social mainstream yet. The Smart Cards provide improved risk and fraud with enhanced verification capabilities and reduced costs.
The Smart Cards in a global market has received great reviews amongst its users all across the world.
Cash Now has already secured over 100,000 requests from consumers and businesses alike, for the card over the past 24 months. We have seen these cards retail in Europe in the price range from $29.95 to over $100.00, said Mr. Derek Elliott Cash Now's Sr. Infrastructure Development Manager. This potentially has the possibility of generating 2 to 10 million dollars in revenue for Cash Now not including any residual income which if taken into account could result in a revenue boost of an additional 10 to 30 million dollars annually. The end user will be able to load or refill The Smart Card at over 11,000 participating locations such as Money Gram and establishments alike.
ABOUT CASH NOW
Cash Now Corporation (CHNW.PK), a pioneer in the Internet payday loan and check cashing industry, and 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 joint venture locations across the U.S. Canada Australia and UK. Additionally, Cash Now's website is one of the most advanced payday lending portals in existence, offering key insights to clients and potential clients alike - as well as the ability to complete payday loans on-line, via a phone call or in person. Cash Now offers a Payday Loan License program, Payday Express; a Payday Loan and Check Cashing License known as Check Express and an Authorized Agent Program for existing retail establishments; and a host of related financial services for small and medium-size businesses. 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.
CONTACT: Kevin Price, Cash Now Corporation, Tel: +1 888 224 9641 e-mail: cashnowcorp*cashnow.com WWW: http://www.cashnow.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
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posted
Darn it!!! NobOdy is interested in this here stock!!!.No matter what news come out this one seems to be going down and down and down.Just like CKYS
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quote:Originally posted by vinnie1: DONT GET IT THE PR WAS PRETTY GOOD.
Lol. You don't get it??????
IT'S A CHECK CASHING COMPANY!!!!!!!!!!!!!
Last time I checked the local check cashing store on the corner of Prospect and 2nd wasn't filing for IPOs with the toothless clerk at the counter behind 2 inch thick bullet proof glass and the soul sucking flourescent lighting glowing over head.
Could they have come up with anything more desperate than a check cashing stock?????? LMFAO.
You guys just jump into any stock you think may run, huh?
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posted
There is no major logic in penny stock trading. It will suddenly rise when MM want it to.... For your kind of logic (nothing wrong in that), go to NASDAQ, NYSE....
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