Redondo Beach, California, United States
Loans4Less.com, Inc. (Pink Sheets:LFLS) announces the closing of its Regulation A Common Stock Offering and the start of our stock quotation as a DTC/DRS eligible security. Current Information about the Company is available at http://www.pinksheets.com/pink/quote/quote.jsp?symbol=lfls.
This announcement is a matter of record only.
LOANS4LESS(R), currently operating as an online mortgage brokerage to "A" paper California home loan borrowers, believes its attractive and unique service marked brand name can be deployed internationally across a variety of loan product lines. Loans4Less.com is exploring joint ventures, licensing, equity financing and/or acquisition arrangements with third party finance companies or major banks who are perhaps looking to energize their existing loan marketing under the new LOANS4LESS(R) brand.
In January 2000, Bank of America Corp. (NYSE:BAC) paid $3 million just for the domain name loans.com: http://www.whoisfinder.com/news/200002/boa-buys-loans-com.html
Loans4Less.com believes that there is added value for its stockholders if this concept can be executed in stages with the right counterparties and necessary financing arrangements.
For further information about Loans4Less.com, Inc. please visit http://www.pinksheets.com/pink/quote/quote.jsp?symbol=lfls
Forward-Looking Statement
This release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Such forward-looking statements include statements regarding our intended plans regarding activities. You are urged to consider statements that include the words "appear," "may," "will," "would," "could," "should," "believes," "estimates," "projects," "potential," "expects," "plans," "anticipates," "intends," "continues," "forecast," "designed," "goal," or the negative of those words or other comparable words to be uncertain and forward-looking. Any forward-looking statements are made pursuant to Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Loans4Less.com, Inc. undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Business Wire (Business Wire India)