We would like to register the strongest possible complaint against Mr. Miro Zecevic and Cash Now Corporation.
Early in 2003 we responded to newspaper ads looking for investors for Cash Now. After a couple of meetings, we was told of the growth of the Cash Now franchises, the advantage of the proprietary software for franchisees to qualify potential borrowers and the income stream from
franchise royalties. When the actual contract was filled in, it was in the name of 1375976 ONTARIO INC. Carrying on Business as CASH NOW.
Funds were then lent to other Zecevic controlled companies without security or any written loan documentation. Dannic IP Holdings, a Bahamian company, actually owns the Cash Now name, software, etc. Shareholders are his spouse and father-in-law.
With the funds removed from 1375976... It was a simple matter to declare bankruptcy. Miro Zecevic walked out of the proceedings without the obligation to repay investors $1.8 million dollars but with the Cash Now name, royalty stream, and software in tact. Like a skilled surgeon with a sharp scalpel Miro Zecevic was able to separate investors from our money and the assets we thought we were investing in.
Newspaper ads are continuing to look for new investors. We would urge you to examine this deceptive trade practice and advise all potential investors to stay clear of this company. Although registered in Nevada, this company operates from Florida and Canada. Details at
cashnow.com
Mondial
St. Michael
Barbados
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