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Monday, June 29, 2009 12:33:16 PM
Company's Corporate Structure is:
100 Million Authorized
32 Million Issued
And a Float of Approximately 10 Million
The Company's Board restates that there will be NO reverse or forward split of any sort in 2009.
Robert Rico (C.E.O.) states, "We are fully committed in branding Expert as a household name for all of your residential and commercial lending needs. We have expanded our processing department to be able to facilitate the increase in applications. Our plan to increase retail mortgage application is:
"Expand our services by opening multiple locations primarily in Miami-Dade County; such locations will be a community bank type of storefront in highly populated areas. We plan to open 4 new locations and expand to over 400 originators. In today's market place, there is a great environment to create an infrastructure to be the leader in retail mortgage lending, taking the opportunity created by the government's assistance to banks with funds to make loans more readily available. Expert is working on creating the proper scenario to brand itself as the 'go-to firm for all your real estate lending needs.'"
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