SNWT nice find. FFFC .0061 will show 5M-10M cash/investment(.05 PPS) on their next 10Q,vs less than 1m market cap. I'M BUYING ALL I CAN NOW.
HAPPENING NOW: $2.5MM has been segregated to be used for immediate implementation of a new automated mortgage application processing system. 7:41 p.m. Thu, Jun 6
FFFC will have will have revenue of $4.5mil If half of the applications go through for loans.
From PR 4/11/13 FastFunds will be compensated gross 1% of the loan value of each mortgage closing. NET LIFE Financial reports that it currently has 6,000 applications in the various stages of processing, with an average mortgage amount of $150,000 per application. The parties are still discussing the terms of compensation for servicing the mortgages after closing.