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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CHNW--CASH NOW .0003 (Page 5)

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Author Topic: CHNW--CASH NOW .0003
ohio_trader
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welcome aboard welk


IMO

this is a GREAT risk vs. reward play right now

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Tre
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This needs to get to .0004 and stay there. Its been bouncing between .0003 and .0004 for the past few days.
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welk
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Looks like it will consolidate at 0003/4 for a couple days and then head to 001 maybe.

--------------------
Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Romeo
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waiting for it to pop up

--------------------
SelfControl

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dbric36
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Maybe .001 EOW
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chudson
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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!
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pcbboy
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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.
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dbric36
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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."
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Tre
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Ok...so if they change the symbol will it automatically changed on our online accounts? i.e. TD and E-trade?
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welk
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THAT would do it, dbric. Good post.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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bobcat88
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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

--------------------
"Man who excels at putting worm on hook is Master Baiter"

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dalton05
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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
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chudson
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Could be the scared selling out... lots still trying the .0002s so volume is 4x last half hour
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dbric36
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Fill your pockets while you can. Won't be that low for long
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welk
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Easy money imo. Won't be shaken out just before a runup.

--------------------
Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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McShooter
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Anyone else see the two huge blocks sold around 2:15 (213,222,000 and 141,000,000+)? Things that make you go hmmmmmmmm!!!
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iwannna
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yes i did, but what does it mean??? Hmmmmmmmmm!!!!
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tmanfromtexas
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Hey thats my line. lol. hmmmm... TMAN...

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In the end, trust only yourself when trading stocks.

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tmanfromtexas
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this p and d didnt last long. Heck FGFC lasted longer than this. lol. TMAN...

--------------------
In the end, trust only yourself when trading stocks.

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dalton05
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i have been duped again by these scams.I guess i will never learn until my account hits 0.
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dalton05
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Cash now will be known as Cash gone.
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dbric36
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Only if you sell out. It is still early this week.
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Rex
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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...
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Tre
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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.
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Schwabie
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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

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Schwabie
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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

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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IMAKEMONEY
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[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Schwabie
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[Big Grin] [Eek!] [Eek!] [Confused] [Confused] [Eek!] [Eek!] [Big Grin]

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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IMAKEMONEY
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LOL

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Romeo
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so what u guys are saying is that company is tricking so we can buy their shares and the prices would stay constant?

--------------------
SelfControl

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dbric36
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Going up
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Tre
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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


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dbric36
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Should be in the green today
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KaiserSose
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http://www.bison1.com/showcase/cashnow.html
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littleman
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Question, massive volume today with no price movement. Would this be an indication of mm's holding the price back?
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