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Re: Turner2557 post# 834

Friday, 02/08/2013 2:02:43 PM

Friday, February 08, 2013 2:02:43 PM

Post# of 860
There are no other operating subsidiaries of FPFCQ. They only had two, First Place Bank and First Place Holdings Inc.

First Place Holdings Inc has no active operations.

It sold it's main subsidiary First Place Insurance about 1 1/2yrs ago.

First Place Holdings Inc does have two more subsidiaries... it still owns 100% of a real estate agency, First Place Real Estate, Ltd. and 75% of a title company, Title Works Agency, LLC.

As far as I can confirm.

It appears that First Place Real Estate is operating under Caldwell Banker as a local RE.

http://www.yelp.com/biz/coldwell-banker-first-place-real-estate-youngstown

And the title company has five employees...
http://www.manta.com/c/mmlglh8/title-works-agency-llc

Neither would bring great value to this stock....if they survive the CH11 process.

C. Financial Service Subsidiaries of First Place Financial Corp.


1. First Place Holdings, Inc.
Ohio
Boardman, Ohio

First Place Financial Corp. owns 100%



a. First Place Insurance Agency, Ltd.
Ohio
Boardman, Ohio

First Place Holdings, Inc. owns 100%



b. First Place Real Estate, Ltd.
Ohio
Boardman, Ohio

First Place Holdings, Inc. owns 100%




(i). Northwood of Ohio, LLC
Ohio
Warren, Ohio

First Place Real Estate, Ltd. owns 50%



c. Title Works Agency, LLC
Ohio
Boardman, Ohio

First Place Holdings, Inc. owns 75%





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