LFLS expects to be fully reporting in 2014
Mar 15, 2013
OTC Disclosure News Service
Redondo Beach, CA
Loans4Less.com, Inc. has posted its Annual Report Audited Financials and is on track with its plans to become a fully reporting company in 2014.
The Company seeks capital for its balance sheet to advance its ongoing plan of operations with the aim of raising equity capital via the new pending CROWD financing offering rules, invest in a new platform of technologies in order to facilitate increasing revenues through aggressive advertising and marketing with the main goal of developing a recognizable new national loan brand name. The Company is seeking licensing and/or joint venture arrangements in other jurisdictions and potentially in other loan products in order to effectively brand Loans4Less.com as more of a general loan consumer portal site using mortgages as its base service.
Loans4Less.com, Inc. (loans4less.com) 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, licensing and or third party agreements that effectively build the Loans4Less brand name in order to maximize shareholder values.
For more information please contact Chairman President Steven M. Hershman at loans4less.com or (310) 540-0157 Ext 103.
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 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.
Steven M. Hershman
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