Loans4Less.com, Inc. Pre-Announces Financial % Comparisons Q1 2009 versus Q1 2008
29 4์ 2009 - 10:30PM
Business Wire
Loans4Less.com, Inc. ("LFLS") (Pink Sheets:๏ฟฝLFLS) is pleased to
pre-announce its๏ฟฝfinancial % comparisons for period ended Q1 2009
versus Q1 2008. Total Income increased by 255% and Net Income
increased by 103%. Full results to be posted in due course.
LFLS views the mortgage origination market as๏ฟฝstaying very
active for 2009/2010, however, lender underwriting standards are
enabling only top quality borrowers to close on their loans. The
mortgage market is mainly Fannie Mae/Freddie Mac Conforming fixed
rate loans for owner occupied refinancings.
LFLS sees future positive market conditions as a catalyst for
continual significant improvement in our๏ฟฝbusiness growth and
expansion going forward.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in our annual report and/or other releases made by us.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made
as of the date hereof and Loans4Less.com, Inc. undertakes no
obligation to update such statements.
Loans4Less com (PK) (USOTC:LFLS)
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