posted
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)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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quote:Originally posted by mrinos: you need to grab a few million to make a difference in realized profit
OK
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
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?
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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posted
Reorganization and new CEO is great news, the market should respond favorably to this, pick up your millions at .003 and double your $$$$$$$$$$
Posts: 2292 | Registered: Mar 2005
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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
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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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.
Posts: 38 | Registered: Oct 2006
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posted
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
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
[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
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
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..
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
In at .0003...hopefully will do well. The pr and that email look good!
Posts: 54 | From: Columbus, OH-IO!! | Registered: Jan 2007
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**** 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.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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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.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
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 Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
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 ....:::::===+++
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
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 Out of funds at Scottrade so will have to stick with my 2000000 shares
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
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.
Posts: 1101 | From: Georgia | Registered: Apr 2006
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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.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
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
Posts: 2292 | Registered: Mar 2005
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