GREAT NEWS: Expert Group, Inc. Projects $4.3M Revenues for 2010; Presents Business Vision
MIAMI, FL -- (Marketwire) -- 02/05/10 --
Expert Group, Inc. (PINKSHEETS: EXPU), an FHA certified financial
lending institution specializing in home and commercial real estate loans, is pleased to present 2010 projections as well as the Company's business vision
Expert Group conservatively projects that in 2010 the company will achieve $4.3 million in revenues and over $1.1 million in net income. This will be accomplished by further expanding the Company's business through a series of acquisitions that result in new loan originators and new locations; as well as by entering into other closely related sectors within the real estate market
Robert Rico stated: "Expert Group is on track to become a major player in the real estate world. Companies in our space that have followed a similar business model are Esslinger-Wooten-Maxwell (EWM Realtors, Inc.) founded in South Florida, and is one of the largest real estate services firms in America. Their success has been notable because they have taken advantage of the business synergies that come through combining several inter-related real-estate services and offering them under one business umbrella
"There are four major business synergies at work in EWM that we endeavor to achieve at Expert:
-- Realty -- Loans -- Title -- Insurance
"The full-service firm that is EWM has 950 associates and staff. EWM offers residential and commercial real estate services, corporate relocation, international services, and business brokerage as well as home mortgage, title closing services, and property insurance through their affiliated companies, HomeServices Financial, EWM Title, and EWM Insurance
"Warren Buffet's Company, HomeServices of America, Inc., purchased EWM Realtors in 2003, making it an affiliated company of the Warren Buffet/Berkshire Hathaway Companies."
Robert Rico concluded: "Expert Group already has 2 of the 4 business synergies with Expert Financing and Expert Title. We believe that the potential for revenue growth is explosive by following the pattern of EWM
In 2010 we intend to fill in the 2 missing synergies by adding an Expert realty arm and an Expert insurance arm. I am pleased to say that Expert Group is close to announcing the first of these important acquisitions. For several months the Expert Group board of directors has been performing due diligence and securing terms that are in the best interest of our shareholders."
About Expert Group, Inc
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; With multiple offices throughout South Florida Expert is rapidly becoming a market leader in the multi billion dollar Florida market. 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. Let Expert Find The right Loan for you
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
Expert Financing Locations:
17501 Biscayne Blvd #540 North Miami Beach, Fl 33160
1065 Kane Concourse Bal Harbour, FL 33180
19501 Biscayne Blvd Miami, FL 33180-2377
Contact: Expert Group, Inc
www.ExpertFinancing.net www.Expertgroupblog.com Or call: 305-949-LOAN (5626)
