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...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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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
Posts: 155 | From: Florida | Registered: Jul 2006
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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.
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.
Posts: 157 | From: pa, usa | Registered: Oct 2006
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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
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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.
Posts: 1551 | Registered: Feb 2006
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posted
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."
Posts: 21 | Registered: Jan 2007
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posted
we could be the MAJOR beneficiary of a cusip change and/or a reverse merger that could very well set this afire.....stay tuned
Posts: 1551 | Registered: Feb 2006
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======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 "
Posts: 1551 | Registered: Feb 2006
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posted
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
just look at the charts and play the bounce.. you're in early here.. enjoy.. I'm looking to get out around .001.
Posts: 2292 | Registered: Mar 2005
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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.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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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
Posts: 157 | From: pa, usa | Registered: Oct 2006
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quote:Originally posted by dbric36: Getting alot of attention on alot of boards
Yes, this seems to be everywhere I look also.
Can't be bad, right? The more exposure it gets and the more DD that gets done, the more investors the stock will attract.
Posts: 2498 | Registered: Mar 2006
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posted
Just bought another 1.75mil...now this can skyrocket! C'mon...we need some volume today to get this moving!
Posts: 54 | From: Columbus, OH-IO!! | Registered: Jan 2007
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posted
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
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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