latest news releases from the newsroom
Sitestar Corporation Posts Profits in Third Quarter 2005
LYNCHBURG, Va., Nov. 16, 2005 (PRIMEZONE) -- Sitestar Corporation (OTCBB:SYTE), an Internet Service Provider (ISP) and computer services company, today announced that profits were posted for the quarter ended September 30, 2005. The company earned a net profit of $116,524 for the third quarter of 2005 and $344,333 for the nine months ended September 30, 2005. This marks the fifth consecutive profitable quarter for Sitestar.
Cash Now Announces an Appointment of a New CEO and President Mr. Kevin S. Price
FORT LAUDERDALE, Fla., Nov. 16, 2005 (PRIMEZONE) -- Cash Now Corporation (Pink Sheets:CHNW), a pioneer and continuing leader in the payday loan industry, announces the appointment of a new CEO and president, Mr. Kevin S. Price. Mr. Kevin S. Price replaces the current CEO, Miro Zecevic, and his wife, Andrea Zecevic, who served as the president with the company. Mr. Price comes to Cash Now with a background in investment banking. Cash Now will continue to offer licensing of its technology and developed vendor relationships; however, in moving forward, more emphasis will be placed on the actual "sale of loans" rather than the "sale of the technology," which Cash Now has been doing so far said Mr. Price. We see a huge upward growth curve for Cash Now in the coming months.