EXPU - Up 12.7% today, way undervalued and low float
Expert Group, Inc. Signs Financing Agreement for $100 Million Luxury Hotel Project
Date : 09/04/2009 @ 7:30AM
Source : MarketWire
Stock : Expert Group (EXPU)
Quote : 0.071 0.008 (12.70%) @ 5:00PM
Expert Group, Inc. Signs Financing Agreement for $100 Million Luxury Hotel Project
MIAMI, FL -- (Marketwire) -- 09/04/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) has been contracted to finance $100,000,000 for an upscale hotel project in beautiful Fort Lauderdale, Florida.
"This hotel project is truly world class," stated Expert Group CEO Robert Rico. "All the buildings will be built on exclusive beach-front property in a booming part of Florida. When these experienced developers needed a professional lender that could organize and secure the financing, they put their trust in Expert. I'm excited to announce this to investors because it shows the depth and breadth of the strength of our company. We are more than just FHA and conventional lending. I believe that we can compete with the biggest and the best when it comes to financing jumbo loans of this nature."
Expert Group plans to release key details about the hotel project over the next few weeks through press releases and Twitter.com updates.
On other company updates, Expert Group is thrilled to report that the Aventura Mall location is producing new business at a steady pace. Expert Group has already started to process new loans that began as a result of meeting prospects at this new business location.
Robert Rico stated: "We are growing. I'm excited to report to shareholders that as a company we are increasing value in their investment. I am making it a top priority to build the confidence of our existing investors while actively pursuing new ones. To this end we are planning to release a series of several short videos through our blog for shareholders to witness our growth. With new partnerships in place and new projects taking shape Expert has experienced an influx of business. This video series will serve as an effective means by which to keep investors informed about it all. The first video in this series is currently available on YouTube and our company blog www.expertgroupblog.com."
Rico further commented: "As an investor myself, I know that to build shareholder value also means keeping the share structure stable. As of today I am happy to report that our share structure is unchanged from the last update with our float still fewer than 14.8 million shares. We are actively seeking to build shareholder value. This is why the transfer agent will remain open. This is why I will continue to personally answer phone calls and emails from investors. We are growing, and we are growing responsibly. It is a big deal to me to 'do right' by our shareholders. I plan to follow up with the state of Nevada next week and make sure that the authorized share count has been decreased to the promised 100 million shares."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Contact:
Expert Group, Inc.
www.ExpertFinancing.net
www.ExpertCreditFixUSA.com
or call:
305-949-LOAN (5626)
