Wednesday, February 22, 2006 5:27:48 PM
About Consumer Direct of America
Consumer Direct of America is a publicly traded company (OTCBB: CSUA) The company spent the past few years acquiring and growing its wholly owned subsidiary, Shearson Home Loans, Inc. CSUA successfully grew this division to employ over 300 people, 250 of whom are residential mortgage real estate brokerage professionals who closed loan volume of over $1 billion for the year ended December 31, 2004. This entity was recently acquired by Paragon Financial Corporation (OTCBB: PGNF) in a transaction valued at $16 million Consumer Direct of America currently has signed a letter of intent with OMDA Oil & Gas to acquire 90% of a Horizontal play in Panola County Texas.
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