John, just something pirated from S4T.
>>CASHCO MANAGEMENT (CSHK) $.265 issued the following press release late on Tuesday, and this could start a major change in sentiment and direction in the price of the stock. In one press release they have shored up several perceived weaknesses in the story behind the Company. The order from Zitec for over $1 million worth of Cashco's Y2K software, 11th Hour shows that there are real sales and several other orders are being negotiated. The website where the software can be purchased online will be operational before the end of the week. The Company has also retained The Pinnacle Group 718-428-7651 to handle investor relations. This allows a more efficient flow of information to investors and lets management focus on the business at hand.
We should start to see a move back up in price with first resistance in
the $.40-.50 area. There will be additional news releases as new
contracts and orders are signed. I look for several other software deals
to be announced in the next 30-60 days.
June 2, 1998, Toronto Canada: Cashco Management Inc. is pleased to announce that an agreement has been reached between the Company, Zitec International Limited and IntellAgent Control Corporation to establish a working relationship between all three companies.
IntellAgent, a Texas based company founded in 1991, is a rapidly
growing supplier of software solutions to help companies more effectively leverage customers relationships to increase market share and revenues.
For more information access IntellAgent's website at intellagents.com This association is the foundation for a long term relationship between the Companies for the servicing of large commercial accounts, currently under contract with IntellAgent, providing personnel and software to adjust PC's to ensure that they are Year 2000 compliant.
In order to meet the immediate demand for the product, Zitec has placed an initial order with Cashco for 40,000 units @ $25.50 per unit. The product, Cashco's Y2K software, 11th Hour is to be delivered over a 90 day period, as required by Zitec.
The Zitec website, currently under construction, has regretfully been
delayed but will be accessible within 24 hours. On-line customers will be able to purchase the 11th Hour software for individual personal use at a cost of $39.95 per unit. Domain address, when operational, will be zitec.com.
For more information please contact Mark Cohen/The Pinnacle Group @ 718-428-7651 or Rhonda Windsor/Cashco @ 905-898-0918.
JOE
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