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e-Net Financial.com Corp. Subsidiary Obtains Record Sales In March 2001
COSTA MESA, Calif., Apr 24, 2001 (BUSINESS WIRE) -- Vince Rinehart, president and CEO of e-Net Financial.com Corp. (OTCBB: ENNT) announced that American Residential Funding Inc., a wholly owned subsidiary of e-Net Financial.com, completed a record month in terms of loan production.
Rinehart stated: "The first three months of calendar 2001 have been very strong for American Residential Funding. We have continued to expand the number of states we are conducting business in as well as opening a number of additional branches. This expansion, along with the positive trends in the interest rates have fueled our sales growth."
Jeff Hemm, president of American Residential Funding stated: "In the month of March alone, we added 18 new branch operations and achieved an increase in production (total value of loans closed) of 175% compared to March of 2000. We experienced similar increases in January and February of this year as both months showed increases of over 100% when compared to the previous year."
In addition, Bravorealty.com, a majority-owned subsidiary of e-Net Financial.com launched in late December of 2000, has steadily increased its agent base and is now fully operational and completing transactions.
David Villarreal, president of Bravorealty.com, stated: "We are pleased with the progress of `BRAVO` to date. The interest level we are experiencing from the industry as a whole, and from agents wanting to become part of the Bravorealty.com team, in our opinion reinforces and validates our business model."
For more information on American Residential Funding, or Bravorealty.com, visit their Web sites at www.amres.net and www.bravorealty.com, respectively. To inquire about becoming a branch of American Residential Funding Inc., contact Hemm at 888/833-2127. Individuals interested in becoming Bravorealty.com agents should contact Villarreal at 800/BRAVO4U.
This news release may contain forward-looking statements that involve risks and uncertainties, including American Residential Funding Inc.`s ability to maintain its licensing approvals in multiple states and its ability to expand its branch operations, as well as Bravorealty.com`s ability to continue to grow its agent base. Operational results of American Residential Funding Inc. for the calendar quarter January through March 2001 may not be indicative of future results or the results of e-Net Financial.com Corp. for the full fiscal year. For a discussion of factors which could impact e-Net Financial.com Corp.`s financial results, or the results of its wholly owned subsidiaries, and cause actual results to differ materially from those in forward-looking statements, refer to e-Net`s recent filings with the SEC, particularly the Jan. 31, 2001 Form 10-QSB filed March 22, 2001. E-Net assumes no obligation to update the forward-looking information contained in this news release.
CONTACT: e-Net Financial.com Corp., Costa Mesa Scott Presta, 714/866-2100 www.e-netfinancial.com URL: http://www.businesswire.com Today`s News On The Net - Business Wire`s full file on the Internet with Hyperlinks to your home page.
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Dazu vielleicht noch eine News vom 24.04.2001:
"e-Net Financial.com Corp. Subsidiary Obtains Record Sales In March 2001
Jeff Hemm, president of American Residential Funding stated: ``In the month of March alone, we added 18 new branch operations and achieved an increase in production (total value of loans closed) of 175% compared to March of 2000. We experienced similar increases in January and February of this year as both months showed increases of over 100% when compared to the previous year."
Ganzer Text: http://biz.yahoo.com/bw/010424/2168.html |