AmeriNet's $50 Million August Sets New Monthly Record.ENGLEWOOD, Colo.--(BUSINESS WIRE)--Sept. 22, 1998--"A strong consumer response to our CARES(TM) Program has again propelled us to a record volume of business," announced Eric Cunliffe, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of AmeriNet Financial Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB). "August transactions topped $50 million and broke the old monthly record of just over $40 million which we set in July. That's a 25% increase in just one month!" Cunliffe noted. "Homeowners are rushing to use AmeriNet's Consumer Advantage Real Estate Services (CARES) Program because they get cash rebates, guaranteed low cost, and superb personal service when they sell, buy, finance and re-finance their homes." Cunliffe continued. AmeriNet launched the innovative program of real estate and mortgage services just one year ago. "I think it's safe to say that homeowners are catching on to the monetary rewards of group buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. that come with affinity marketing," Cunliffe explained. AmeriNet's Chairman and Chief Executive Officer John J. Pembroke congratulated Cunliffe and the AmeriNet team on their record-breaking performance. Pembroke noted that "We offer the consumer a variety of independent, unbiased choices and when needed, counsel them on the best course of action. Home buying is the most important financial decision many people make in their lifetime and we take our responsibility very seriously, given the current state of the economy and money markets." Pembroke continued, "We are especially pleased by the numerous positive comments we receive from CARES participants. Jay Brown of Washington, DC, is one who wrote us about his transaction:" "If there is one word that best describes my experience with AmeriNet, it is "Confidence". My deal closed as planned and I received my cash rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. within a few weeks. I have encouraged everyone that I know who is considering buying a home to use your services. I got the best rate, saved money with the rebate, and best of all, had a pleasant, hassle-free experience." AmeriNet affinity relationships include Costco Wholesale, MonEnet Money Malls, Paralyzed Veterans of America The Paralyzed Veterans of America (PVA) is a congressionally-chartered veterans' service organization in the United States of America, founded in 1946. It describes itself as having "developed a unique expertise on a wide variety of issues involving the special needs of our members , and The National VETS VETS Veterinary Emergency Treatment Service VETS Veteran's Employment & Training Service VETS Veterans Employment Transition Services (Miami, Florida) VETS Victory Ensured Through Service Archives. The CARES Program is currently active in Washington, Oregon, California, Colorado, Arizona, Maryland, Virginia and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . AmeriNet expects to offer the program nationwide by mid-1999. |
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