posted
This one is low float and had good news. Hoping it does as well as ONCM. Put this one on radar fist thing in the morning.
PFUO: Signs LOI for Merger w/Pacific Financial Lending, Inc. Monday , February 05, 2007 17:59 ET
By Brian Edwards, bedwards*knobias.com
Pacific Financial Solutions, Inc. (PFUO) announced the signing of an LOI to merge with Pacific Financial Lending, Inc. ('PFLI") of Salt Lake City, UT. The merger will bring personal and commercial financial lending capabilities to PFUO.
"PFLI is enjoying rapid success and growth and PFUO is pleased to attract this fine company and its President, Josh Lindsay to our company," stated Clifford Goehring, CEO and Chairman of PFUO. "Upon completion of this merger, Mr. Lindsay will become President of Pacific's Banking division. Josh will bring his success at leading and building world-class sales and marketing teams nationwide to PFUO. Josh holds a BSBA degree from Athabasca University."
This merger upon completion of due diligence by both companies is expected to be finalized by the end of February. PFLI revenues are projected to exceed $7.8 million in 2007. PFLI and staff will remain in its Salt Lake City, UT Corporate Headquarters.
Once this sucker breaks a nickel its off to the races.
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