Third Bench Inc (THBD)

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NECA Nice find MOMO... Research Update
: Nov. 15, 2016
Ludlow Research Issues NECA $0.003+ Target Based on Title Loan
Business
(NEW YORK)--
New America Energy Corp.
(OTC: NECA), through its wholly-owned subsidiary
Title King, LLC, issued $0.003+ valuation target based on launch of title loan operations.
The Company recently submitted its BestTitleDeal app to Google Play in August, and is going live
on Apples app store currently.
BestTitleDeal is an industry disruptive FinTech application that management believes could
revolutionize the Title Pawn business by providing a competitive bidding process that will help
ensure each consumer will receive the most cash for their vehicle and at the best rates available.
In addition to driving customers to its flagship brick and mortar store, BestTitleDeal will also act as
a huge revenue source as Title King will focus on generating leads nationwide and once
captured, sell those leads to other lenders across the country at a price ranging from $50.00 to
$100.00 per lead.
Jeff Canouse, CEO, commented, "This is a game changer, not only for Title King but also the
industry. According to Pew Research, roughly Two Million (2,000,000) individuals use Title Pawns
each year, if we only capture 5% of those customers and sell those leads at the low range, you're
looking at Five Million Dollars ($5,000,000.00) in revenue just on a conservative basis. We have
already had tremendous interest from one of the largest Title Pawn companies in the country
wishing to use our App. I look forward to announcing our live App in the near future and will invite
all our shareholders to download it and share their feedback.
Authorized Share Reduction
On Nov. 14, 2016, the Company announced the reduction of 1 Billion Authorized Shares.
This reduction will lower NECA's A/S from 3.9B to 2.9B in line with The Company's goal of
creating more favorable share structure conditions ahead of new material developments.
Fully Reporting Status
In addition, the Company stated it has been working diligently with their accountants in order to
get the Fourth Quarter of 2016 financials finalized. Once completed, the Company intends to
submit number to its Auditor, and hopes to have fully audited numbers within the next month or
so. https://nebula.wsimg.com/7af67f79a65e70797d3fc9868b220b0c?AccessKeyId=F7205B59A244F1B3EF10&disposition=0&alloworigin=1