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NECA Charts and DD - under the radar Gem at .002- potential 10 bagger see below
Here is the NECA chart indicators pointing north toward blue skies ---)) NECA chart with entry and pivot point- wave 3 potential-Click Here
Here is some recent verified DD and independent Ludlow research giving NECA a short term valuation of pps at .02. 10-bagger. The real prospects of generated revenues in near term 2014 for NECA makes this a clear runner at any time. See below DD- recent Developments of storefront locations and progress to online sales website functionality are sure to follow as implied by CEO recently.
From WSNC- New York-
(NEW YORK)--New America Energy Corp (OTC:NECA), through its recent acquisition of Title King, LLC, will conduct online interview to discuss plans to franchise their title loan business, and time-line towards operations.
WSNC has scheduled time for online interview later today with NECA to discuss their plans on launching their title loan business, and potential value on revenue bases going forward.
In addition, we have confirmed that as of Oct. 24, 2013, the Company had around just 130 million common shares issued and outstanding post-acquisition, thus giving the stock an estimated market cap value of just under $300,000.
To receive updates on the upcoming interview, or to be added to NECA investor mailing list, please register online at http://www.wallstreetnewscast.com/request/neca.html
Investor Highlights
- Acquisition of Title King, LLC
- Title Loan Business Offers Strong Cash-Flow Prospects
- To Open Chain of Franchise Stores in Southeast
- 130 Million Shares Outstanding
- Currently $300,000 Market Cap
- Short-term Target $0.02 ($2.6 million Market Cap)
For anyone that has seen the very popular TV show 'Pawn Stars' they offer usually two options for customers to obtain quick cash; selling their asset, or using that asset as a form of collateral for a short-term loan.
NECA new business is in the area of title loans, also called an auto title loan, which is a type of secured loan where the borrower can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. When the loan is repaid, the lien is removed and the car title is returned to its owner. If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt.
Each loan is for 30 days, secured by a first lien on the consumers' vehicle, with interest rates varying depending on collateral, but will have a maximum of 24.99% a month in the State of Georgia. This could prove very lucrative, and become a real cash cow as the company begins putting a portfolio of capital to market in working consumer loans.
Franchise Stores
The main goal for Title King will be to open its first store as early as late October or early November, with plans to expand these brand name franchise operations through out the state of Georgia by end of 2013. This will provide store front operations where consumers can come in and in fairly quick fashion obtain short term title loans using their car or truck titles as collateral. These operations can quickly become cash cows as more loans are put to work, which the interest and cash flow being used to put more loans to market, thus reducing need for any equity dilution once established. www.titlekingloans.com
Recently, Comvest Partners invested nearly $30 million into City Title Loan, LLC, another private title loan operation in Long Beach, California. This shows that institutional investors recognize the strong cash generation these title loan operations. As the economic recovery continues on a sluggish pace the demand from consumers for short term cash loans will only continue to be strong.
Short-Term $0.02 Price Target
Ludlow Research has issued a 'short-term' research alert on NECA based on the acquisition of their new title loan business. As of Oct. 24, 2013, there was around 130 million shares issued and outstanding post-acquisition, which they felt offered tremendous upside potential.
Based on their plans to begin opening stores through the end of the year, their ability to quickly generate cash-flow from low cost and high rate consumer loans, and 130 million shares outstanding, they are projecting a 'short-term' speculative price of $0.02 per share, which would still only equate to a $2.6 million market cap.
This is a developing story.
NECA Charts and DD - under the radar Gem at .002- potential 10 bagger see below
Here is the NECA chart indicators pointing north toward blue skies ---)) NECA chart with entry and pivot point- wave 3 potential-Click Here
Here is some recent verified DD and independent Ludlow research giving NECA a short term valuation of pps at .02. 10-bagger. The real prospects of generated revenues in near term 2014 for NECA makes this a clear runner at any time. See below DD- recent Developments of storefront locations and progress to online sales website functionality are sure to follow as implied by CEO recently.
From WSNC- New York-
(NEW YORK)--New America Energy Corp (OTC:NECA), through its recent acquisition of Title King, LLC, will conduct online interview to discuss plans to franchise their title loan business, and time-line towards operations.
WSNC has scheduled time for online interview later today with NECA to discuss their plans on launching their title loan business, and potential value on revenue bases going forward.
In addition, we have confirmed that as of Oct. 24, 2013, the Company had around just 130 million common shares issued and outstanding post-acquisition, thus giving the stock an estimated market cap value of just under $300,000.
To receive updates on the upcoming interview, or to be added to NECA investor mailing list, please register online at http://www.wallstreetnewscast.com/request/neca.html
Investor Highlights
- Acquisition of Title King, LLC
- Title Loan Business Offers Strong Cash-Flow Prospects
- To Open Chain of Franchise Stores in Southeast
- 130 Million Shares Outstanding
- Currently $300,000 Market Cap
- Short-term Target $0.02 ($2.6 million Market Cap)
For anyone that has seen the very popular TV show 'Pawn Stars' they offer usually two options for customers to obtain quick cash; selling their asset, or using that asset as a form of collateral for a short-term loan.
NECA new business is in the area of title loans, also called an auto title loan, which is a type of secured loan where the borrower can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. When the loan is repaid, the lien is removed and the car title is returned to its owner. If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt.
Each loan is for 30 days, secured by a first lien on the consumers' vehicle, with interest rates varying depending on collateral, but will have a maximum of 24.99% a month in the State of Georgia. This could prove very lucrative, and become a real cash cow as the company begins putting a portfolio of capital to market in working consumer loans.
Franchise Stores
The main goal for Title King will be to open its first store as early as late October or early November, with plans to expand these brand name franchise operations through out the state of Georgia by end of 2013. This will provide store front operations where consumers can come in and in fairly quick fashion obtain short term title loans using their car or truck titles as collateral. These operations can quickly become cash cows as more loans are put to work, which the interest and cash flow being used to put more loans to market, thus reducing need for any equity dilution once established. www.titlekingloans.com
Recently, Comvest Partners invested nearly $30 million into City Title Loan, LLC, another private title loan operation in Long Beach, California. This shows that institutional investors recognize the strong cash generation these title loan operations. As the economic recovery continues on a sluggish pace the demand from consumers for short term cash loans will only continue to be strong.
Short-Term $0.02 Price Target
Ludlow Research has issued a 'short-term' research alert on NECA based on the acquisition of their new title loan business. As of Oct. 24, 2013, there was around 130 million shares issued and outstanding post-acquisition, which they felt offered tremendous upside potential.
Based on their plans to begin opening stores through the end of the year, their ability to quickly generate cash-flow from low cost and high rate consumer loans, and 130 million shares outstanding, they are projecting a 'short-term' speculative price of $0.02 per share, which would still only equate to a $2.6 million market cap.
This is a developing story.
