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Expert Group’s primary revenue engine is “Expert Financing.” This company specializes in providing residential and commercial loans and has been in business since 2005 in the Florida marketplace.
Recently, Expert Financing has experienced a notable surge of growth, showing a solidly profitable 2009 Q3 and what appears to be an even brighter future.
Expert has also assisted in loans for luxurious projects like the Icon Brickell, Aventura Marina, Williams Island, the Continuum in South Beach, Aqualina and The Trump in Sunny Isles Beach.
This presentation will deal primarily with Expert Financing and showcase their achievements as well as speculate about their future potential.
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2009 has been a significant year for Expert Financing. Several milestones were reached. Some of these include: Expert secures FHA lending status. Expert partners with several new banks and lending institutions, including Ginnie Mae. Expert opens two new locations. Expert greatly increases originators and originations. Expert begins offering Government backed SBA loans Expert enhances brand recognition through television, billboards, and special features such as The Best of South Florida. http://www.bestofsouthflorida.tv Expert added to their management team as well as adding processors to their back office. Expert currently has 65 originators actively working to secure new business. Expert was featured prominently on Mortgage Daily, the largest publication in the industry. http://www.mortgagedaily.com Expert will celebrate the grand opening of the BAL Harbour location this November. At this event the company will receive the prestigious Proclamation Award from the city of Bay Harbour Island. Expert Group signed with 10 new banks in 2009 including Bank of America. This brings Expert’s alliances with banks to 50. Because of these strategic partnerships Expert can find more people better loans. Expert Finance's loan closing rate is well above average within the industry. SOURCE: http://www.marketwire.com/press-release/Expert-Group-1067596.htmlPosts: 394 | Registered: Sep 2008
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As of November 2009 Authorized Shares = 100,000,000 Outstanding Shares = 43,661,833 Float = 22,134,412
The EXPU Transfer Agent is not gagged. Investors can call the TA and receive current share structure information. Phone: (602) 485-1346
As per an October 2009 press release, CEO Robert Rico stated that all funding for 2009 had been completed. Our understanding from this recent PR is that the share structure will remain stable at least until sometime in 2010. Rico also said: “…I'm pleased to report that we're headed into 2010 with a good pool of capital.” http://www.marketwire.com/press-release/Expert-Group-1067596.html It strongly appears from these statements and information that the 22M float share structure is currently solid. http://www.marketwire.com/press-release/Expert-Group-1067596.html
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Expert Group Files to Upgrade Pink Sheets Status to Fully Transparent Category Date : 12/16/2009 @ 8:56AM Source : MarketWire Stock : Expert Group (EXPU) Quote : 0.07 -0.006 (-7.89%) @ 4:35PM
Expert Group Files to Upgrade Pink Sheets Status to Fully Transparent Category
MIAMI, FL -- (Marketwire) -- 12/16/09 --
Expert Group, Inc. (PINKSHEETS: EXPU), in an ongoing effort to brand Expert Financing as your go-to firm for all your Real Estate Lending needs, is proud to announce that it has filed all of the required documents with Pinksheets.com for the company's stock to be included in the "Current Information" category
Robert Rico stated: "Upgrading our status on Pink Sheets is simply the first step on the journey toward Expert Group uplisting to the OTCBB. We have filed all the documents necessary in order to be upgraded to a fully transparent category on Pink Sheets. These documents include Expert's financial statements and Disclosure Statements."
Expert Group predicts that the Pink Sheets upgrade process will be complete before 2010. Investors will be able to view the upgraded change online within 1 to 2 weeks from today's date
Expert Group is pleased to retain John C. Frohling as our legal counsel
Mr. Frohling has been the company's attorney for over 2 years and is currently helping Expert to spearhead the process of both upgrading the company's status on Pink Sheets as well as moving forward with the full uplisting of EXPU stock to the OTCBB. Mr. Frohling has many years of experience and has an impressive resume to say the least. Through his expertise in finance law, Mr. Frohling assisted the federal government in establishing SEC rules and regulations
Robert Rico concluded: "John Frohling is helping Expert to bring full transparency to our shareholders. I am thrilled with the direction he has helped to provide us moving forward. We are moving fast here at Expert, increasing shareholder value daily through increased transparency, strategic partnerships, and bottom line net profit among other things
Investors can expect more updates about the OTCBB uplisting soon."
About Expert Group, Inc
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender
About Expert Financing:
Expert Financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. Let Expert Find The right Loan for you
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors
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EXPU finished the day at .071. I really think after the huge volume today we could test .08 this week!!!
Posts: 394 | Registered: Sep 2008
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EXPU closed green again today. Looking very strong going into the Christmas break. I am quesing this will not stay under a dime much longer!!!
Posts: 394 | Registered: Sep 2008
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Expert Group Inc. Releases Budget Report, Announces Full Business Profitability Expert Group Inc. Releases Budget Report, Announces Full Business Profitability MIAMI, FL, Dec. 24, 2009 (Marketwire) --
MIAMI, FL -- (Marketwire) -- 12/24/09 -- Expert Group, Inc. (PINKSHEETS: EXPU), a Financial Lending Institution specializing in Home and Commercial Real Estate Loans, is pleased to release the 2010 Budget Report.
Robert Rico stated: "The 2010 Budget Report is an explanation of what Expert Group's break even point is for any given month. Based on 2009 numbers, Expert Group only needs to close 10 loans per month in order to break even. We at Expert believe that we will far exceed 10 closed loans every month, however, our 'break even budget' is being made public so that investors can understand that moving forward now and into 2010 Expert Group is operating as a 100% profitable business entity."
In 2009, the average loan amount that Expert Group closed was $170,000 per loan. Expert Group earned revenues on average of $5,010 per loan, or 3% commission of the total loan amount. Expert Group averaged $2,040 net profit per loan, or 40% of the closing revenues.
Expert Group need only close 10 loans per month to cover the entire business overhead. This figure includes all three of the Expert Financing locations and covers all business operations. The "break even budget" does not take into consideration commercial or jumbo loans nor any revenues generated from title closings.
Expert Group invites investors to view the full Budget Report by visiting: http://ow.ly/P4m7 (200KB PDF)
Mr. Rico further explained: "We are fortunate to be in the growth-oriented South Florida market and we will continue to grow the business in a turnaround economy. October and November home data indicates that the Florida housing market is sharply rebounding."
Expert Group is entering 2010 with $2.3M in new loans business and even more on deck. The Expert Group 'Pipeline Report' details those loans which have progressed to a point where Expert is fully confident that they will close. We currently have 15 new loans in our pipeline. Additionally, Expert has another 25 new loans on deck that are at the D.U. stage or 'Desktop Underwriting' and have a high likelihood of closing.
Investors are invited to view our current Pipeline Report here: http://ow.ly/P4xl (20KB PDF)
Robert Rico concluded: "We are entering 2010 with 3 locations and an aggressive marketing strategy. This puts us in a wonderful position to experience massive growth in 2010. As always I want to extend an invitation to all shareholders to visit us. Have a Merry Christmas and a Happy New Year from Expert Financing."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. Let Expert Find The right Loan for you.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
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EXPU What a great day today closed up 18% off the great news that came out dec/24th Expert Group Inc. Releases Budget Report, Announces Full Business Profitability Expert Group Inc. Releases Budget Report, Announces Full Business Profitability MIAMI, FL, Dec. 24, 2009 (Marketwire) --
MIAMI, FL -- (Marketwire) -- 12/24/09 -- Expert Group, Inc. (PINKSHEETS: EXPU), a Financial Lending Institution specializing in Home and Commercial Real Estate Loans, is pleased to release the 2010 Budget Report.
Robert Rico stated: "The 2010 Budget Report is an explanation of what Expert Group's break even point is for any given month. Based on 2009 numbers, Expert Group only needs to close 10 loans per month in order to break even. We at Expert believe that we will far exceed 10 closed loans every month, however, our 'break even budget' is being made public so that investors can understand that moving forward now and into 2010 Expert Group is operating as a 100% profitable business entity."
In 2009, the average loan amount that Expert Group closed was $170,000 per loan. Expert Group earned revenues on average of $5,010 per loan, or 3% commission of the total loan amount. Expert Group averaged $2,040 net profit per loan, or 40% of the closing revenues.
Expert Group need only close 10 loans per month to cover the entire business overhead. This figure includes all three of the Expert Financing locations and covers all business operations. The "break even budget" does not take into consideration commercial or jumbo loans nor any revenues generated from title closings.
Expert Group invites investors to view the full Budget Report by visiting: http://ow.ly/P4m7 (200KB PDF)
Mr. Rico further explained: "We are fortunate to be in the growth-oriented South Florida market and we will continue to grow the business in a turnaround economy. October and November home data indicates that the Florida housing market is sharply rebounding."
Expert Group is entering 2010 with $2.3M in new loans business and even more on deck. The Expert Group 'Pipeline Report' details those loans which have progressed to a point where Expert is fully confident that they will close. We currently have 15 new loans in our pipeline. Additionally, Expert has another 25 new loans on deck that are at the D.U. stage or 'Desktop Underwriting' and have a high likelihood of closing.
Investors are invited to view our current Pipeline Report here: http://ow.ly/P4xl (20KB PDF)
Robert Rico concluded: "We are entering 2010 with 3 locations and an aggressive marketing strategy. This puts us in a wonderful position to experience massive growth in 2010. As always I want to extend an invitation to all shareholders to visit us. Have a Merry Christmas and a Happy New Year from Expert Financing."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender.
Posts: 394 | Registered: Sep 2008
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Tuesday, Dec 29th at 5:00 pm Eastern time. We are hosting our Confrence Call the call in # is 218-339-3600 partcipation code is 767741
Posts: 394 | Registered: Sep 2008
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conf call info....I got bumped also.....here is my understanding of what was stated..... there will be a merger/aquisition announcement next week.....no stock will exchange or dilute in this action....it's a cash positive company with 6 employees and 140 some agents/reps and other non-salaried people......in a similar biz.....looks like a win-win
Posts: 394 | Registered: Sep 2008
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Looks like we are gonna have a consolidation period here before the next leg up past .10 wich is alright with me once we break that dime this will fly big time!!!!
Posts: 394 | Registered: Sep 2008
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Expert Group, Inc. (PINKSHEETS: EXPU), a FHA certified financial lending institution specializing in home and commercial real estate loans, is pleased to announce that the Company has posted updated financials and successfully obtained the "Current Information Status" on PinkSheets.com
Expert Group commits to shareholders that the company will sustain the "Current Information Status" until such time as Expert Group uplists to the OTCBB (a move that Expert anticipates will take place in 2010)
The measures taken by Expert to upgrade the Pink Sheets status provide shareholders with complete transparency on all information regarding Expert Group and its business and financial conditions. Investors are invited to click on the links below to view the filings and the Pink Sheets status upgrade
Robert Rico stated: "I am extremely pleased with the business we achieved in 2009. I trust that the Pink Sheets update will help investors to further recognize our commitment to them, and especially to grasp Expert's dedication to greater levels of success. 2010 will be a year of multiple significant material events for Expert Group. We laid a rock-solid business foundation in 2009, now we are moving forward swiftly, intelligently, and responsibly to build upon that foundation!"
About Expert Group, Inc
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments. With multiple offices throughout South Florida, Expert is rapidly becoming a market leader in the multibillion dollar Florida market. Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. Let Expert Find The right Loan for you
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors
Expert Financing Locations:
17501 Biscayne Blvd #540 North Miami Beach, Fl 33160
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