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Thursday, December 24, 2015 9:33:10 AM
Title King (NECA) Begins Title Loan Operations, Acquisitions Pending
Last Updated: December 24, 2015 9:00 AM EST
(NEW YORK)--New America Energy Corp. (OTC: NECA), through its wholly-owned operating subsidiary Title King, LLC, which provides short-term high interest loans to consumers, announces plans to begin taking title loan applications online.
Jeff Canouse, the CEO of New America Energy Corp., commented, "Although small initially, we are pleased to announce we have been issuing title loans under Title King as we look to grow our portfolio of working title loans under management in the coming months. The Company has also recently brought the Company back to current status with OTC Markets, and we look forward to providing additional updates on our title loan operations, and plans for expansion, in the coming weeks."
We will be outlining our plans for 2016 to increase our ability to issue more loans under a non-equity credit line, acquisitions which have been on hold until our recent filing updates, and additional opportunities in the micro-lending industry.
Title King, LLC provides short-term high interest loans to consumers through the collateral use of car and truck titles, and plans to expand a franchise of stores throughout the South East under the Title King brand name.
For more information on the Company, or to request a quote online for a title loan, please visit www.titekingloans.com
In addition, the Company has retained New York based South Street Media, Inc. as their new public relations and corporate communication firm. South Street Media is a full service social media and public relations firm that specializing in offering comprehensive programs for both micro-cap, and small-cap public companies, and will assist the Company in establishing our awareness profile as we move forward with our operations and marketing initiatives. www.southstreetmedia.com
As of December 2015, the Company had approximately 680 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp.
Based in Alpharetta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
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