Loans4Less.Com Inc (LFLS) 0.0320 $LFLS
Loans4Less.com, Inc. Enters into an Investment Banking Agreement with WestPark Capital, Inc. and Seeks Bank Strategic Partner for National Mortgage Broker Origination and Brand Exposure Opportunity
Business Wire - Thu Dec 18, 8:30AM CST
Loans4Less.com, Inc. (OTC: LFLS) has entered into an investment banking agreement with WestPark Capital, Inc., a FINRA/SIPC member firm, to advise in sourcing a strategic community bank partner to launch national mortgage broker origination, increase brand awareness and effectively raise capital in stages known as a Structured Secondary Offering. John Reilly is heading up the WestPark Capital team that is engaged to advise Loans4Less(R) in raising capital initially via a Private Placement and thereafter it is anticipated Loans4Less(R) can raise additional capital in a Secondary Public Offering. Terms, conditions and timelines are to be determined. In the meantime, Loans4Less.com intends to become a fully reporting company on the OTCQB. Loans4Less(R) is a unique registered federal service mark moniker and the Loans4Less.com retail mortgage platform is a highly attractive brand which has significant upside potential for exposing mortgages and other consumer loans.
Loans4Less.com, Inc. Enters into an Investment Banking Agreement with WestPark Capital, Inc. and Seeks Bank Strategic Partner for National Mortgage Broker Origination and Brand Exposure Opportunity
Business Wire - Thu Dec 18, 8:30AM CST
Loans4Less.com, Inc. (OTC: LFLS) has entered into an investment banking agreement with WestPark Capital, Inc., a FINRA/SIPC member firm, to advise in sourcing a strategic community bank partner to launch national mortgage broker origination, increase brand awareness and effectively raise capital in stages known as a Structured Secondary Offering. John Reilly is heading up the WestPark Capital team that is engaged to advise Loans4Less(R) in raising capital initially via a Private Placement and thereafter it is anticipated Loans4Less(R) can raise additional capital in a Secondary Public Offering. Terms, conditions and timelines are to be determined. In the meantime, Loans4Less.com intends to become a fully reporting company on the OTCQB. Loans4Less(R) is a unique registered federal service mark moniker and the Loans4Less.com retail mortgage platform is a highly attractive brand which has significant upside potential for exposing mortgages and other consumer loans.
