Press Release Source: Hampden Group, Inc.
Hampden Group, Inc. Gives Shareholder Update
Friday October 15, 5:03 pm ET
PHOENIX, Oct. 15 /PRNewswire-FirstCall/ -- Hampden Group, Inc. (OTC: HPNG - News) announced today a shareholder update for the company.
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The primary objective of Hampden Group, Inc. is to participate in specialty finance opportunities within the public and private markets. Hampden Group, Inc. has partnerships with finance and insurance companies to provide collateral backed high yield short-term financing.
Hampden Group, Inc. is a unique finance company that uses new technologies to help track and protect loan portfolio assets. The use of sophisticated tracking technology significantly lowers the risk of high yield lending and allows the company to profit from unique situations and under serviced investment opportunities. In addition to physical asset backed lending, Hampden Group will also actively participate in structured financial contracts with small public companies through PIPE (private investment public entity) transactions. Hampden Group plans to service private and small publicly traded companies that have a need for short-term working capital and cannot obtain traditional financing.
Hampden Group's business plan provides collateralized financing to its customers with annualized rates of return greater than 25%. The company's valuation, financial ratios, executive compensation, exit strategy, and other management decisions are driven directly from the business plan.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.
We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
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Source: Hampden Group, Inc.