To: John Chapman who wrote (5343 ) 9/28/1998 2:13:00 PM From: John Chapman Read Replies (1) | Respond to of 7491
CASHCO SUMMARY: Cashco Management, Inc. (CSHK) is a diversified holding company. Based on orders in hand and pending, the company in a press release stated it is confident in projected earnings of $.03 per share for the period ending Dec. 31, 1998. According to the company's last statement, there are 20,143,405 shares outstanding. The company announced on September 3, 1998, a dividend to be distributed to shareholders of record on November 3, 1998. For each five shares of Cashco common stock, shareholders will receive an additional share of A.R. Brooks common stock. As a result of the dividend, A.R. Brooks will become an independent, public company operating the retail pet products business. Earnings are expected by Brooks to be .20 per share for the first full year of marketing. The first product is a flushable cat litter made from wood by-products being marketed under the name Paws Only. A Paws Only bag and other information is found at www3.bc.sympatico.ca . Additional pictures and the company's marketing plan is at members.home.net Next, is a Y2K software program that analyzes PC software and hardware and reports if there is a vendor patch available and where to find it. An initial order by Zitec International Limited with Cashco for 40,000 units @ $25.50 per unit was announced on June 2, 1998. Information on purchase of the Y2K software is found at zitec.com . A free evaluation version can be downloaded at the site. Credit Card orders of the full version can be made at zitec.com . The company stated that a full version via download from the web site is planned. On August 3, 1998 the company made a press release titled " Cashco Management Partners With Microsoft". See biz.yahoo.com . According to the company, the third product currently under negotiations is a chat type software program that according to a company release, will provide Enhanced Personal Communications including such features as Real Time Friend/Contact Online Awareness, Real time text chat interface, whiteboard, and Real time file transfer. When completed it will include eight significant features. CSHK is a BB stock and does not report now. The company states it is actively involved in applying to the SEC to be a reporting company. More information can be obtained by calling Cashco Management Inc., Alan Laffkas, President, 610-458-9540 or The Pinnacle Group, New York, Mark Cohen, 718-428-7651. Press releases are at exchange2000.com Disclaimer: I am a shareholder who has a personal interest in seeing the company succeed. I would like to see substantial share price appreciation consumate with the risk I am taking. Much of the information in this summary was obtained from company press releases and conversations with its representatives so please call them to discern for yourself its accuracy. Also, this is a BB stock which carries much risk as all BB stocks do. Potential investors should do their own due dilligence and make their own decisions. This is a new company just starting to make sales. It seems to have a promising future and if you make an investment now, you are speculating that it will become profitable. THIS POST IS UPDATED AND REPEATED AS MORE INFORMATION BECOMES AVAILABLE FOR YOUR READY REFERENCE