America's Senior to Launch Multi-State ''Branch Partners'' Network.Business Editors/Real Estate Writers JUPITER, Fla.--(BUSINESS WIRE)--Dec. 19, 2002 America's Senior Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMSE AMSE American Museum of Science & Energy (Tennessee) AMSE Aircraft Maintenance Support Equipment (Canadian Forces) AMSE Advanced Mass Sender Enterprise ) announced to day that it has completed plans to launch its new "Branch Partners" platform, which if launched would become the fourth leg of the AMSE business plan and could contribute as much as $250 million dollars in additional loan production first year out. The Branch Partners platform has been in planning since July 2002. The initial plan calls for 10 "partner" locations originating new loan production, a percentage of which could then be funded directly through the Company's facilities. The Company is working diligently to complete the funding necessary to launch the Branch Partners platform. Several proposals are under consideration but there can be no assurances that any of them will be suitable. The Company's four platforms are 1)traditional mortgage lending, 2) senior market lending, 3) wholesale lending, and 4) the new platform, branch partners. The company supports these platforms with sophisticated use of technology and a well-trained central staff. Combining existing operations with this new platform and the previously announced Florida acquisition pending, AMSE's loan production for 2003 could exceed $750 million dollars. The Company's goal for 2003 is to continue accumulating distribution on a diversified basis (four platforms) and aggregate $1 billion dollars in loan production. Other acquisition candidates currently under review would enable the Company to meet this goal. Recently, the Company announced continuing profitability and growth. See http://biz.yahoo.com/n/a/amse.ob.html . This release contains forward-looking statements including without limitation statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's plans, expectations, intentions, and adequate resources. These statements are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions" of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Please refer to the company's 10K-SB and 10Q filings for more disclosure about AMSE's results and the risks that could be associated with an investment in the company's common stock. To contact Investor Relations Investor relations The process by which the corporation communicates with its investors. , email the Company at info@americassenior.com . Visit the Company's web site at http://www.americassenior.com . To apply on line for residential mortgage product, visit http://www.jupiter-mortgage.com . |
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