Loans4Less.com Expects to Achieve Fully Reporting Status by 2014
(firmenpresse) - REDONDO BEACH, CA -- (Marketwired) -- 04/02/13 -- Loans4Less.com, Inc. (OTC: LFLS), an online mortgage loan brokerage firm focused on Conforming loans, has posted its Annual Report & Audited Financials at OTCMarkets and announces that it is on target to become a fully reporting company in 2014.
In line with broader plans to advance operations, the Company is now pursuing licensing and/or joint-venture arrangements and possibly other loan products to rebrand Loans4Less.com as a general loan consumer portal while continuing to offer mortgages as its base service.
Steven M. Hershman, Chairman & President, stated, "We are excited to be on track to become a fully reporting company and provide greater transparency to investors. As we continue down this path, the Company's aim is to raise equity capital via the pending CROWD financing offering rules and invest in a new platform of technologies. This will enable Loans4Less.com to accelerate revenue growth through aggressive advertising and marketing with the focal point of establishing a recognizable national loan brand name."
To view the Company's Annual Report & Audited Financials visit:
is a publicly traded online mortgage loan brokerage focused on becoming a national loan origination platform for standard "A" paper conforming residential mortgage programs. Loans4Less.com maintains an A+ TrustLink rating with the Better Business Bureau; provides very competitive rates, terms & costs, daily rate updates, and other market information; and prides itself on excellent and honest service. Loans4Less.com does not operate a warehouse line of credit, hold trust funds, lend directly or service loans and is not exposed to the risks and/or problems associated with Sub-Prime or Alt "A" lending. Loans4Less.com relies on various wholesale lenders for its retail home loan programs. The main focus is to rapidly grow gross revenues via smart and cost effective advertising, while expanding into other States in order to maximize shareholder values.
For more information please contact Chairman & President Steven M. Hershman at (310) 540-0157.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in our annual report and/or other releases made by us. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Loans4Less.com, Inc. undertakes no obligation to update such statements.
Contact:
Steven M. Hershman
Chairman & President
310-540-0157 Office
310-408-1058 Mobile
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Datum: 02.04.2013 - 13:00 Uhr
Sprache: Deutsch
News-ID 244998
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contact information:
Town:
REDONDO BEACH, CA
Kategorie:
Commercial & Investment Banking
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