Anza Capital Inc. On Track for $1 Billion in 2002.Business Editors COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.--(BUSINESS WIRE)--Feb. 15, 2002 Vincent Rinehart, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Anza Capital Inc., ("AnzaCap"), (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANZA)(Frankfurt Exchange:ANZA.f)(Berlin Exchange:ANZA.BE), announced record mortgage closings in January. Rinehart said: "American Residential Funding 'AMRES,' www.amres.net, a wholly owned AnzaCap subsidiary, attained at·tain v. at·tained, at·tain·ing, at·tains v.tr. 1. To gain as an objective; achieve: attain a diploma by hard work. 2. record loan volume for January of over $81,000,000. January 2002 was a 364% increase over January 2001's level of $22,250,000." "We are at a pace of closing over $1 billion in home loans in the year 2002. AMRES has continued to surpass the production goals set by our marketing team, and has operated in a positive cash flow the quarter ending January," stated Jeff Hemm, president. "Expidoc.com has seen a tripling of recent business from their largest account, National Mortgage Co. With these added revenues, Expidoc.com has recently seen positive cash flow, and is making plans to move to new and larger office space on March 1," said Rinehart. "With added staff, new computers and software, and expanded office space, Expidoc.com is expected to add significant income to ANZA in upcoming months," he stated. Rinehart added, "The quarterly report, for the period ending Jan. 31, of Anza Capital Inc., is expected to be issued prior to March 15." This news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning 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 regarding future results of operations and market opportunities that are based on ANZA's current expectations, assumptions, estimates and projections about the company and its industry. Investors are cautioned that actual results could differ materially from those anticipated by the forward-looking statements as a result of risks, competition and other factors. These factors, along with other potential risks and uncertainties are discussed in ANZA's reports, as well as their subsidiaries, and other documents filed with the Securities and Exchange Commission, especially the 10-KSB filed Dec. 1, 2001, and recent quarterly reports. ANZA assumes no obligation to update the forward-looking information contained in this news release and encourages all potential investors to do their own due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and suitability analysis before any investment is made. |
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