New America Energy Corp. $NECA News
Last updated 12/26/2016 - 0.0005
APP, BestTitleDeal, Submitted to the Google Play Store
Aug 11, 2016
OTC Disclosure & News Service
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Atlanta, Aug. 11, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that it has submitted its application for their BestTitleDeal app to the Google Play Store.
BestTitleDeal is an easy to use tool for consumers who need access to fast cash and wish to use the equity in their vehicle as collateral for that cash. The app will allow a borrower to see how much money they can borrow almost instantly by simply putting in a brief description of their vehicle or by entering their Vehicle Identification Number (VIN). BestTitleDeal will also provide a competitive bidding process for each potential loan which will ultimately give the customer the best interest rate available.
In addition to driving customers to build up outstanding loans for Title King’s brick and mortar stores, BestTitleDeal will also serve as a lead generating revenue source, with each lead being valued at One Hundred dollars ($100.00) at a minimum.
Jeffrey Canouse, CEO of New America Energy Corp. commented, “We’re very pleased to announce that the BestTitleDeal app has been submitted to the Google Play Store. We believe the app will be approved in the very near future and then we will invite our shareholders and followers to download BesttitleDeal during our beta test phase. We continue to work on the submission to other App stores and look forward to announcing those milestones as well.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Photos of our Title Loan store can be viewed on our Twitter account at
https://twitter.com/titlekingloans
Photos are also available on the Company Facebook account at
https://www.facebook.com/titlekingloans/?fref=ts
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT:
New American Energy Corp
Jeffery Canouse, President
Email: jeff@titlekingloans.com
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Provides Update on BestTitleDeal App
Jul 26, 2016
OTC Disclosure & News Service
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Atlanta, July 26, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces update on the company’s Beta Launch of their BestTitleDeal app.
BestTitleDeal is in the last stage of completion for its Beta launch and the Company believes they will be able to submit the BestTitleDeal application to Apple’s App Store in the coming days. Once the application is submitted, it will give the Company a more accurate timeline on the official launch of our Beta test at which time the Company will invite its customers, followers and shareholders to download the app and provide us with feedback.
Jeffrey Canouse, CEO of New America, commented,” our tech team has been working very hard to get BestTitleDeal ready for its application, which we believe will be submitted in the next few days, and ultimately the beta launch. We are pushing hard to get the app live for potential customers as we head into the peak season for Title loans.
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Announces Revenue Projection
Jun 23, 2016
OTC Disclosure & News Service
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Atlanta, June 23, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, is pleased to provide an update on the monetization of the Company’s recently announced Fintech application, BestTitleDeal.
According to Pew Research over Two Million (2,000,000) individuals use Title loans annually. The Company believes it is positioning itself as the LendingTree or eSurance of Title Pawn. The Company has conservatively estimated that each lead generated through the Company’s app is worth One Hundred dollars ($100.00) at a minimum. If the Company is successful in capturing only Ten percent (10%) of the users it believes they can generate up to Twenty Million dollars ($20,000,000) in revenue annually.
Jeffrey Canouse, CEO of New America, commented, " While these numbers project a value that far exceeds the Company’s current market cap we believe they are very conservative. We know that title loan companies will offer up to $100.00 for any referral made to them. The information and quality of a referral or lead we will be able to provide will be of much higher value to a title lender. In addition, there are other service providers who will pay for that information as well. As we introduce the app and further develop its features we will be able to provide a more accurate valuation as well as demonstrate the same as reflected in anticipated revenues.”
Mr. Canouse continued, “I am fully committed to this Company and its success. I have personally retired over Sixty Three Million shares and have forgiven over Six Hundred Thousand Dollars in accrued salary. I truly believe that Title Pawn is an incredible business in and of itself, but our app takes the Company to a whole different level by allowing us to capture revenue without risk and participate in areas geographically where we are not currently.
The Company will attempt to provide as much information about the value proposition of its Fintech app as possible in future releases along with updates on the development and rollout of the technology for its investors to help them better understand the company’s strategy for growth and building shareholder value.
Visit our social media properties at:
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
NECA to Conduct Interview to Provide Investor Update on Fintech Expansion
Last Updated: June 21, 2016
(NEW YORK)--New America Energy Corp. (OTC: NECA), a provider of short-term high interest loans to consumers, with a "speculative" valuation target of $0.006 per share.
Jeffery Canouse, the CEO of New America Energy Corp. is expected to conduct an audio interview to provide shareholders an update, and discuss potential Fintech and title loan expansion on national level.
To receive updates on the pending interview or to request an investor packet directly from the company please register online to NECA investor mailing list to get updateshttp://www.wallstreetnewscast.com/request/neca.html
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Fintech Application and Mobile App Launch
Jun 20, 2016
OTC Disclosure & News Service
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Atlanta, June 20, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, is pleased to announce that the Company will be launching its new APP, BestTitleDeal, the Company’s mobile app for title borrowers and lenders.
BestTitleDeal was developed as an easy to use tool for consumers who are unfamiliar about the Title Loan process. The mobile app will allow borrowers to find out how much their car is worth, how much they can borrow, and what the interest rate will be. It will also give them options by allowing title lenders to bid on the customer’s loan and in turn drive the cost down for borrowers.
Borrowers who take out title loans usually do so because they do not have access to traditional lending or credit cards and in some cases need the money for an emergency. By creating a competitive process for those loans we believe the interest rates on those loans can be more competitive than in the past. In addition, the Company believes that capturing all the necessary information through the app eliminates any potential subjectivity
The first week of July is the target date for the beta test release and we will invite everyone to download the app. This phase will enable the Company to identify potential issues, prevent escalation of those issues, and accomplish several usability goals prior to product implementations
Jeffrey Canouse, CEO of New America, commented, "Over two million people use Title Loans annually and we believe BestTitleDeal can be the next Fintech application that can give our company an instant national footprint. We plan on updating our shareholders in the coming weeks on the app, how we plan to monetize it and how we think it will impact the value of our Company. More importantly we think it will be a primary force in making the title loan industry better.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers.
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy to Launch Facebook and Twitter
May 11, 2016
OTC Disclosure & News Service
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Atlanta, May 11, 2016 (GLOBE NEWSWIRE) --
New America Energy to Launch Facebook and Twitter
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that the Company will be launching a Facebook and Twitter account to increase its exposure for customers and investors. These websites will be used as part of future marketing and lead generation programs the company will use to expand and grow its core business.
In addition, these Social media platforms will also be part of the web-based and mobile applications the Company is developing as part of its overall business strategy. New America Energy is in the business of providing title loans, but is also part of the larger non-bank banking sector like On-Deck Capital, Kabbage, Prosper. These Fintech companies are disrupting the traditional segments of financing and providing financial opportunities to those individuals and companies who do not qualify for banking services.
Jeffrey Canouse, CEO of New America, commented, "We are working hard to develop the tools that will allow us to grow our business in a way that is scalable and prudent. The technology and applications available will allow us to grow our business in ways we had not previously contemplated.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Provides Update on Acquisition and Filing Status
Apr 19, 2016
OTC Disclosure & News Service
Chamblee, GA -
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces Corporate update on the company’s pending acquisition and efforts to bring the Company back to OTC Pink Current status.
Acquisition: After receiving the first round of due diligence from the target acquisition and retaining Investment Banking firm Moody Capital, the Company is looking to accelerate the process and get to definitive documents as quickly as possible. In the coming weeks the Company will schedule an onsite visit to all three locations with their Banking team to review inventory and current loans outstanding. Jeffrey Canouse, CEO, commented, “I’m excited to visit all three locations, meet the employees, look at the inventory and help move this acquisition to definitive agreements”
Filing Status: Over the past several weeks, management has been working diligently to gather all records for their accountants in order to get the past two quarters filed and return NECA to OTC Pink Current Status. Jeffrey Canouse, CEO of New America, commented, “I am extremely proud to say that all records and financials were delivered to our accountants last week and I expect that the Company will return to Current status in the very near future. It's a huge step for us to get caught up with our financials as this is part of our end goal, which is to return to a fully reporting status with the SEC. Something I believe is attainable in the foreseeable future."
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Source: New America Energy Corp.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Retains Investment Banking Firm for Services Related To Current Acquisition Target and Roll Up Strategy
Apr 12, 2016
OTC Disclosure & News Service
Chamblee, GA -
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that the company has retained Investment Banking firm Moody Capital Solutions based in Atlanta Georgia. Moody Capital will assist the Company in the valuation of the current Target, assist in identifying future acquisitions and help secure financing for acquisitions moving forward.
Moody Capital Solutions, Inc. provides capital raising, merger and acquisition services and other investment banking services. They service both publicly-listed and privately held small/micro-cap companies. The full range of services and accomplishments can be found at www.moodycapital.com
Jeffrey Canouse, CEO of New America, commented, “After reviewing the first wave of due diligence from our target, management believed it was important to bring in an independent third party to help value the acquisition, help identify new capital and further explore additional acquisitions down the road.
As of April 4, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Source: New America Energy Corp.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Non Equity Financing
Mar 15, 2016
OTC Disclosure & News Service
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Atlanta, Ga, March 15, 2016 (GLOBE NEWSWIRE) --
New America Energy Announces Non Equity Financing
ATLANTA, GA – March 15, 2016 -- (GlobeNewsWire) -- New America Energy Corp. (OTC: NECA), D.B.A. Title King, LLC, an alternative financial service provider, announced today that the Company has entered into a line of credit with an accredited investor for up to One Hundred Thousand Dollars ($100,000.00).
The financing will take the form of a one year Non-convertible Promissory Note and will be secured by the underlying titles of future loans.
Jeffrey M. Canouse, CEO of New America, commented, “This financing is important because it eliminates the need to sell any stock or other instruments convertible into stock, which would normally be dilutive to our shareholders. I first mentioned the Company was working on non equity financing several weeks ago and I’m excited to be able to deliver on this goal and I look forward to executing our acquisition strategy as well.”
As of March 15, 2016, the Company has approximately 780 million common shares issued and outstanding, and is listed Current on OTC Markets. The previously announced share retirement, currently being processed will bring the outstanding shares to less than 720 million.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Retirement of Shares and Debt Forgiveness
Mar 07, 2016
OTC Disclosure & News Service
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ATLANTA, March 07, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC:NECA), D.B.A. Title King, LLC, an alternative financial service provider, announced today the retirement of 63,209,923 shares of its common stock previously held by Jeffrey M. Canouse, NECA’s current Chief Executive Officer, and the elimination of all accrued salary from the start of Title King through December 31st 2015.
Jeffrey M. Canouse, CEO of New America, commented, "I retired these shares and forgave this debt because I strongly believe that with our recent Letter of Intent to acquire three existing locations and the Auto dealership, that the future is bright for New America. As I discussed in an interview a few weeks ago, I’ve been working to secure non equity financing and felt it was in the best interest of the company to eliminate any debts that I could."
As of March 7, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
Contact:
Jeffrey Canouse
Jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Letter of Intent to Acquire Title Loan Company
Feb 24, 2016
OTC Disclosure & News Service
-
ATLANTA, Feb. 24, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC:NECA), through its wholly-owned subsidiary Title King, LLC, announces that the company has entered into a Letter of Intent to acquire an operational Title Loan company in North Georgia (Target).
The target acquisition has three separate locations that have been in business for nearly five years, has an established customer base and performing loans. In addition to the three title loan locations, New America will also be acquiring the Target’s auto dealership license, and the existing inventory of vehicles currently held. The Target is also licensed for traditional pawn, which the Company expects to continue on a limited basis.
With the execution of the Letter of Intent, NECA will now begin its due diligence process of verifying the quality of the loans and the underlying assets of those loans, confirming that all licenses are in good standing, establishing the valuation of the vehicles in inventory, and any and all other necessary steps.
The Company expects to finalize definitive agreements within sixty days.
Jeffrey Canouse, CEO of New America, commented, "We are very excited to announce our letter of intent to acquire these three locations, their loans, the Auto dealership license and the current vehicle inventory. As I mentioned in my interview last week, the Company has shifted its strategy towards acquiring existing locations in a very fragmented industry. This acquisition is our first step in executing our roll-up strategy, which will quickly help bring our company into revenue and cash flow generation through the current operations of these stores. We will begin our due diligence immediately and I look forward to updating our shareholders throughout this process.”
As of February 23, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
Contact:
Jeffrey Canouse
Jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/26/2016 - 0.0005
APP, BestTitleDeal, Submitted to the Google Play Store
Aug 11, 2016
OTC Disclosure & News Service
-
Atlanta, Aug. 11, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that it has submitted its application for their BestTitleDeal app to the Google Play Store.
BestTitleDeal is an easy to use tool for consumers who need access to fast cash and wish to use the equity in their vehicle as collateral for that cash. The app will allow a borrower to see how much money they can borrow almost instantly by simply putting in a brief description of their vehicle or by entering their Vehicle Identification Number (VIN). BestTitleDeal will also provide a competitive bidding process for each potential loan which will ultimately give the customer the best interest rate available.
In addition to driving customers to build up outstanding loans for Title King’s brick and mortar stores, BestTitleDeal will also serve as a lead generating revenue source, with each lead being valued at One Hundred dollars ($100.00) at a minimum.
Jeffrey Canouse, CEO of New America Energy Corp. commented, “We’re very pleased to announce that the BestTitleDeal app has been submitted to the Google Play Store. We believe the app will be approved in the very near future and then we will invite our shareholders and followers to download BesttitleDeal during our beta test phase. We continue to work on the submission to other App stores and look forward to announcing those milestones as well.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Photos of our Title Loan store can be viewed on our Twitter account at
https://twitter.com/titlekingloans
Photos are also available on the Company Facebook account at
https://www.facebook.com/titlekingloans/?fref=ts
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT:
New American Energy Corp
Jeffery Canouse, President
Email: jeff@titlekingloans.com
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Provides Update on BestTitleDeal App
Jul 26, 2016
OTC Disclosure & News Service
-
Atlanta, July 26, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces update on the company’s Beta Launch of their BestTitleDeal app.
BestTitleDeal is in the last stage of completion for its Beta launch and the Company believes they will be able to submit the BestTitleDeal application to Apple’s App Store in the coming days. Once the application is submitted, it will give the Company a more accurate timeline on the official launch of our Beta test at which time the Company will invite its customers, followers and shareholders to download the app and provide us with feedback.
Jeffrey Canouse, CEO of New America, commented,” our tech team has been working very hard to get BestTitleDeal ready for its application, which we believe will be submitted in the next few days, and ultimately the beta launch. We are pushing hard to get the app live for potential customers as we head into the peak season for Title loans.
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Announces Revenue Projection
Jun 23, 2016
OTC Disclosure & News Service
-
Atlanta, June 23, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, is pleased to provide an update on the monetization of the Company’s recently announced Fintech application, BestTitleDeal.
According to Pew Research over Two Million (2,000,000) individuals use Title loans annually. The Company believes it is positioning itself as the LendingTree or eSurance of Title Pawn. The Company has conservatively estimated that each lead generated through the Company’s app is worth One Hundred dollars ($100.00) at a minimum. If the Company is successful in capturing only Ten percent (10%) of the users it believes they can generate up to Twenty Million dollars ($20,000,000) in revenue annually.
Jeffrey Canouse, CEO of New America, commented, " While these numbers project a value that far exceeds the Company’s current market cap we believe they are very conservative. We know that title loan companies will offer up to $100.00 for any referral made to them. The information and quality of a referral or lead we will be able to provide will be of much higher value to a title lender. In addition, there are other service providers who will pay for that information as well. As we introduce the app and further develop its features we will be able to provide a more accurate valuation as well as demonstrate the same as reflected in anticipated revenues.”
Mr. Canouse continued, “I am fully committed to this Company and its success. I have personally retired over Sixty Three Million shares and have forgiven over Six Hundred Thousand Dollars in accrued salary. I truly believe that Title Pawn is an incredible business in and of itself, but our app takes the Company to a whole different level by allowing us to capture revenue without risk and participate in areas geographically where we are not currently.
The Company will attempt to provide as much information about the value proposition of its Fintech app as possible in future releases along with updates on the development and rollout of the technology for its investors to help them better understand the company’s strategy for growth and building shareholder value.
Visit our social media properties at:
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
NECA to Conduct Interview to Provide Investor Update on Fintech Expansion
Last Updated: June 21, 2016
(NEW YORK)--New America Energy Corp. (OTC: NECA), a provider of short-term high interest loans to consumers, with a "speculative" valuation target of $0.006 per share.
Jeffery Canouse, the CEO of New America Energy Corp. is expected to conduct an audio interview to provide shareholders an update, and discuss potential Fintech and title loan expansion on national level.
To receive updates on the pending interview or to request an investor packet directly from the company please register online to NECA investor mailing list to get updateshttp://www.wallstreetnewscast.com/request/neca.html
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Fintech Application and Mobile App Launch
Jun 20, 2016
OTC Disclosure & News Service
-
Atlanta, June 20, 2016 (GLOBE NEWSWIRE) --
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, is pleased to announce that the Company will be launching its new APP, BestTitleDeal, the Company’s mobile app for title borrowers and lenders.
BestTitleDeal was developed as an easy to use tool for consumers who are unfamiliar about the Title Loan process. The mobile app will allow borrowers to find out how much their car is worth, how much they can borrow, and what the interest rate will be. It will also give them options by allowing title lenders to bid on the customer’s loan and in turn drive the cost down for borrowers.
Borrowers who take out title loans usually do so because they do not have access to traditional lending or credit cards and in some cases need the money for an emergency. By creating a competitive process for those loans we believe the interest rates on those loans can be more competitive than in the past. In addition, the Company believes that capturing all the necessary information through the app eliminates any potential subjectivity
The first week of July is the target date for the beta test release and we will invite everyone to download the app. This phase will enable the Company to identify potential issues, prevent escalation of those issues, and accomplish several usability goals prior to product implementations
Jeffrey Canouse, CEO of New America, commented, "Over two million people use Title Loans annually and we believe BestTitleDeal can be the next Fintech application that can give our company an instant national footprint. We plan on updating our shareholders in the coming weeks on the app, how we plan to monetize it and how we think it will impact the value of our Company. More importantly we think it will be a primary force in making the title loan industry better.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers.
www.titlekingloans.com
https://twitter.com/titlekingloans
https://www.facebook.com/titlekingloans/?fref=ts
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy to Launch Facebook and Twitter
May 11, 2016
OTC Disclosure & News Service
-
Atlanta, May 11, 2016 (GLOBE NEWSWIRE) --
New America Energy to Launch Facebook and Twitter
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that the Company will be launching a Facebook and Twitter account to increase its exposure for customers and investors. These websites will be used as part of future marketing and lead generation programs the company will use to expand and grow its core business.
In addition, these Social media platforms will also be part of the web-based and mobile applications the Company is developing as part of its overall business strategy. New America Energy is in the business of providing title loans, but is also part of the larger non-bank banking sector like On-Deck Capital, Kabbage, Prosper. These Fintech companies are disrupting the traditional segments of financing and providing financial opportunities to those individuals and companies who do not qualify for banking services.
Jeffrey Canouse, CEO of New America, commented, "We are working hard to develop the tools that will allow us to grow our business in a way that is scalable and prudent. The technology and applications available will allow us to grow our business in ways we had not previously contemplated.”
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Provides Update on Acquisition and Filing Status
Apr 19, 2016
OTC Disclosure & News Service
Chamblee, GA -
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces Corporate update on the company’s pending acquisition and efforts to bring the Company back to OTC Pink Current status.
Acquisition: After receiving the first round of due diligence from the target acquisition and retaining Investment Banking firm Moody Capital, the Company is looking to accelerate the process and get to definitive documents as quickly as possible. In the coming weeks the Company will schedule an onsite visit to all three locations with their Banking team to review inventory and current loans outstanding. Jeffrey Canouse, CEO, commented, “I’m excited to visit all three locations, meet the employees, look at the inventory and help move this acquisition to definitive agreements”
Filing Status: Over the past several weeks, management has been working diligently to gather all records for their accountants in order to get the past two quarters filed and return NECA to OTC Pink Current Status. Jeffrey Canouse, CEO of New America, commented, “I am extremely proud to say that all records and financials were delivered to our accountants last week and I expect that the Company will return to Current status in the very near future. It's a huge step for us to get caught up with our financials as this is part of our end goal, which is to return to a fully reporting status with the SEC. Something I believe is attainable in the foreseeable future."
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Source: New America Energy Corp.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Retains Investment Banking Firm for Services Related To Current Acquisition Target and Roll Up Strategy
Apr 12, 2016
OTC Disclosure & News Service
Chamblee, GA -
New America Energy Corp. (OTC: NECA), through its wholly-owned subsidiary Title King, LLC, announces that the company has retained Investment Banking firm Moody Capital Solutions based in Atlanta Georgia. Moody Capital will assist the Company in the valuation of the current Target, assist in identifying future acquisitions and help secure financing for acquisitions moving forward.
Moody Capital Solutions, Inc. provides capital raising, merger and acquisition services and other investment banking services. They service both publicly-listed and privately held small/micro-cap companies. The full range of services and accomplishments can be found at www.moodycapital.com
Jeffrey Canouse, CEO of New America, commented, “After reviewing the first wave of due diligence from our target, management believed it was important to bring in an independent third party to help value the acquisition, help identify new capital and further explore additional acquisitions down the road.
As of April 4, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Source: New America Energy Corp.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Non Equity Financing
Mar 15, 2016
OTC Disclosure & News Service
-
Atlanta, Ga, March 15, 2016 (GLOBE NEWSWIRE) --
New America Energy Announces Non Equity Financing
ATLANTA, GA – March 15, 2016 -- (GlobeNewsWire) -- New America Energy Corp. (OTC: NECA), D.B.A. Title King, LLC, an alternative financial service provider, announced today that the Company has entered into a line of credit with an accredited investor for up to One Hundred Thousand Dollars ($100,000.00).
The financing will take the form of a one year Non-convertible Promissory Note and will be secured by the underlying titles of future loans.
Jeffrey M. Canouse, CEO of New America, commented, “This financing is important because it eliminates the need to sell any stock or other instruments convertible into stock, which would normally be dilutive to our shareholders. I first mentioned the Company was working on non equity financing several weeks ago and I’m excited to be able to deliver on this goal and I look forward to executing our acquisition strategy as well.”
As of March 15, 2016, the Company has approximately 780 million common shares issued and outstanding, and is listed Current on OTC Markets. The previously announced share retirement, currently being processed will bring the outstanding shares to less than 720 million.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Retirement of Shares and Debt Forgiveness
Mar 07, 2016
OTC Disclosure & News Service
-
ATLANTA, March 07, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC:NECA), D.B.A. Title King, LLC, an alternative financial service provider, announced today the retirement of 63,209,923 shares of its common stock previously held by Jeffrey M. Canouse, NECA’s current Chief Executive Officer, and the elimination of all accrued salary from the start of Title King through December 31st 2015.
Jeffrey M. Canouse, CEO of New America, commented, "I retired these shares and forgave this debt because I strongly believe that with our recent Letter of Intent to acquire three existing locations and the Auto dealership, that the future is bright for New America. As I discussed in an interview a few weeks ago, I’ve been working to secure non equity financing and felt it was in the best interest of the company to eliminate any debts that I could."
As of March 7, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
Contact:
Jeffrey Canouse
Jeff@titlekingloans.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New America Energy Announces Letter of Intent to Acquire Title Loan Company
Feb 24, 2016
OTC Disclosure & News Service
-
ATLANTA, Feb. 24, 2016 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTC:NECA), through its wholly-owned subsidiary Title King, LLC, announces that the company has entered into a Letter of Intent to acquire an operational Title Loan company in North Georgia (Target).
The target acquisition has three separate locations that have been in business for nearly five years, has an established customer base and performing loans. In addition to the three title loan locations, New America will also be acquiring the Target’s auto dealership license, and the existing inventory of vehicles currently held. The Target is also licensed for traditional pawn, which the Company expects to continue on a limited basis.
With the execution of the Letter of Intent, NECA will now begin its due diligence process of verifying the quality of the loans and the underlying assets of those loans, confirming that all licenses are in good standing, establishing the valuation of the vehicles in inventory, and any and all other necessary steps.
The Company expects to finalize definitive agreements within sixty days.
Jeffrey Canouse, CEO of New America, commented, "We are very excited to announce our letter of intent to acquire these three locations, their loans, the Auto dealership license and the current vehicle inventory. As I mentioned in my interview last week, the Company has shifted its strategy towards acquiring existing locations in a very fragmented industry. This acquisition is our first step in executing our roll-up strategy, which will quickly help bring our company into revenue and cash flow generation through the current operations of these stores. We will begin our due diligence immediately and I look forward to updating our shareholders throughout this process.”
As of February 23, 2016, the Company has approximately 750 million common shares issued and outstanding, and is listed Current on OTC Markets.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
Contact:
Jeffrey Canouse
Jeff@titlekingloans.com
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