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SFNN - $$$ 10QSB & PR To Accompany Filing On or Before 11/21/2006 (Per CEO)!
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[QUOTE]Originally posted by SilverSurfer314: [QB] I just received the following email response from the CEO Michael Barron; he wrote, quote: "We expect to file the 10QSB on or before the alloted time of 11/21/06 as planned. A press release will accompany the filing." In estimation, the upcoming 10QSB could possibly show revenues for the 9 months ending Sep-30, 2006 to be between $18 and $23 million (an increase of at least 200 to nearly 300% over the reported $6+ million revenues for the 9 months ending Sep-30, 2005). These numbers and estimates are proportionately based on the current and last year filings and revenues generated by SFNN and by the companies they acquired (recently, between June and August, 2006). Note, according to the company's TUESDAY, AUGUST 01, 2006 press release about its latest acquisition of Allstate Funding, they give us the following earnings guidance: the new Shearson Home Loans & company anticipates over $30 million in revenue for 2006 (or proportionately, $22.5 million for the first 9 months of this year). We already know that their assets have increased to at least $87 million (an increase of nearly 500% compared to $14.8+ million reported as of Sep-2005). Further, we know that their net worth is around $40 million, and that the company is already profitable! Per the CEO, this upcoming 10QSB and accompanying press release could come as early as this week or as late as next week Tuesday (11/21/2006), and it should be pretty big, IMO! [/QB][/QUOTE]
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