Success Financial Services Group Announces Six for One Stock Split.Business Editors & Banking/Technology Writers ROUND ROCK, Texas--(BUSINESS WIRE)--July 30, 2002 Success 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. Group, Inc. (Pink Sheets:SFSG SFSG Special Forces Support Group (British paramilitary police force) SFSG So Far So Good SFSG San Francisco Scooter Girls (San Francisco, CA) ), a top 100 company nationwide in the loan origination 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. and seller-originated mortgage industry and a leading provider of sales automation Sales Automation - Sales Force Automation and productivity software, today announced a stock split. On July 29, 2002, the Board of Directors of SFSG approved a resolution splitting the outstanding shares of the corporation six for one. This action was deemed advisable by the Board because of current market conditions. The resolution was approved by the shareholders on the same day. The record date for the split was set for August 2, 2002. The effective date is August 9, 2002. Certificates representing the additional shares provided for in the split will be sent to each shareholder as soon as practical after the effective date. Success Financial Services Group Inc. (Web site at www.successfinancialservices.com) is a mortgage banking company based in Round Rock, Texas. The company provides financing for real estate transactions and to buy and sell mortgages on the secondary market. Since its initial years in the mortgage business, SFSG has tripled the size of its mortgage operation by branching into other lending areas, including retail loan originations and wholesale funding to other companies. Cautionary Statement: No stock exchange, securities commission or other regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities has approved or disproved the information contained herein. This News release includes certain "forward looking statements." All statements other than statements of historical fact included in this release are 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. that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from SFSG's expectations are detailed herein and, from time to time, in the filings made by SFSG with securities regulators. Penny stock Penny Stock A stock that sells for less than $1 a share but may also rise to as much as $10/share as a result of heavy promotion. All penny stocks are traded OTC or on the pink sheets. Notes: Penny stocks are highly speculative and risky. investments are risky, with no guarantees of market for the securities. Investors are cautioned to proceed only after obtaining advice from investment professionals. |
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