On the surface this looks good. I noticed the ticker change a couple of weeks back. It has been thinly traded with quite often a large spread. Hopefully this may move today on the news. Here is some more though. Read the disclaimer at the bottom.
Level 3 Securities Announces MEM Financial Merger Shows Solid Future
BOCA RATON, FL - MARKET WIRE - 12/14/04
Level 3 Securities Market Performers this morning are: MEM Financial Solutions, Inc. (OTC: MMFS), Oracle CP (NASDAQ: ORCL), and Sirius Satellite Radio (NASDAQ: SIRI) and Intel CP (NASDAQ: INTC).
MEM Financial Solutions Inc. and Vision Real Estate Management & Development have merged! Vision Real Estate has officially become part of MEM Financial Solutions Inc., trading on the Pink Sheets under the symbol MMFS. Since its inception in 1999, MEM has produced double-digit growth annually! 2004 Revenues are expected to exceed $75 Million, up from $42 Million reported last year. Since its founding, the company has grown to 47 employees and has generated a total revenue of over $150,000,000. Don't wait to add MMFS to your portfolio; this is the time to act!
With all the turmoil in the US economy, one thing has remained very strong: real estate. And the future looks excellent. Housing industry experts confidently look to the housing market to remain strong for years to come. Rates are low -- which is an additional boost to the industry. This is a great time to invest in MEM -- a smart company right in the thick of things. This is an excellent buy!
With this robust, ever-expanding housing market, MEM anticipates a 12%-15% compounded yearly growth that will continue to blossom by the rapid expansion currently planned. Look for MEM to pursue new acquisitions of title abstract companies, settlement agencies, mortgage brokerages, and federally chartered banks. The company's top priority is to build shareholder value and past history proves this is a reality. What great news for investors!
MEM Financial Solutions is currently licensed as a mortgage broker in New York and in Florida. Concerted efforts are being made to obtain licensing in every state in the U.S. within a year. MEM is looking for this national thrust to provide acceleration in its growth rate and your portfolio can experience healthy growth too!
Headquartered in Half Moon, New York, MEM has branch offices in Clifton Park, New York, Glens Falls, New York, Albany, New York, and Port Saint Lucie, Florida. MEM Financial Solutions offers purchase, refinance, construction and equity loans to the conventional, Sub -Prime, Jumbo, modular & Manufactured home markets, as well as products securing commercial property, through over 120 mortgage lenders. For more information visit: www.vrmdcorp.com.
Neither the information nor any opinion expressed herein constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives, related to such securities. Level 3 Securities Inc was compensated thirty thousand for this release by a third party. Level 3 Securities Inc. and its affiliates may trade for their own accounts in any securities of the issue (or issues) or in related investments. Level 3 Securities Inc. does not accept liability for any loss resulting from an investor's use of, or reliance, on this report. Level 3 Securities Inc. has obtained information from sources that are considered reliable but it is not guaranteed that this report is accurate or complete. Considerable reliance has been placed on information the company has released to the public domain or provided. However, no representation or warranty is made as to the accuracy, reliability, or timeliness of the content. This report contains forward-looking statements, which involve risks and uncertainties, which could cause actual results to differ from those implied by these statements. It is intended that all forward-looking statements be covered by the "safe harbor" provisions of section 21E of the Securities Exchange Act of 1934. Past performance is not necessarily a guide to future results. The opinions expressed are of this date and Level 3 Securities, Inc. assumes no obligation to update, modify, or amend this report.
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