OCFN Signs LOI to Acquire Full Service Brokerage Firm, Stock Up 323% In Two Days
allpennystocks Newsletter
You can read the original version online:
http://ymlp249.net/zTTGh9 ——————————————————————————– August 27, 2012 Special Report ….
Omega Commercial Finance Among News of More Merger and Acquisition Activity For the full special report, CLICK HERE: (http://www.allpennystocks.com/aps_us/special-reports/290/omega-commercial-finance-among-news-of-more-merger-and-acquisition-activity.htm).
Companies mentioned in this e-mail include:
* Omega Commercial Finance Corp. (OTCQB:OCFN).
* Hertz Global Holdings (NYSE:HTZ) * Dollar Thrifty Automotive Group (NYSE:DTG) * M&T Bank Corp. (NYSE:MTB) * Hudson City Bancorp Inc. (Nasdaq:HCBK) BREAKING NEWS RELEASE ON OMEGA COMMERCIAL FINANCE CORP.:
Omega Commercial Finance Corporation Signs LOI to Acquire Full Service Brokerage Firm Omega Commercial Finance Corporation (OTCQB:OCFN) signed a Letter of Interest to acquire a boutique brokerage firm that illustrates historical profits from top-line gross production of $4.3 million. The firm maintains 17-licensed advisors that offer a full range of financial products covering 40-States. Additionally, the firm is a licensed RIA and can offer insurance products, plus has approximately a half billion dollars in assets under management. Operationally this brokerage firm will cultivate growth strategies for OCFN with the ability to integrate a capital markets Institutional Sales Team (“IST”) whose sole responsibility is to offer structured finance products such as CMBS`s, CLO`s, ABS`s, or proprietary lines of credit, to support the subsidiary lending operations. Additional products will include one-off private placements for first-rate types of strategic alliances, joint-ventures, and CRE development projects. Likewise, management has determined the brokerage firm`s current advisors can offer these structured financial products on day one of the acquisition.
View More: (http://finance.yahoo.com/news/omega-commercial-finance-corporation-signs-200500538.html) ALLPENNYSTOCKS.COM NEWS ARTICLE Aug 27, 2012 (AllPennyStocks.com Media, Inc.) – We’ve written plenty of articles throughout 2012 about the feverish pace of mergers and acquisitions. Quite frankly, with the economy still on the road to recovery, there are many value propositions available to companies who have been growing throughout the recovery and hold a stable place in the market and they are capitalizing on the chances. Today alone, car rental firm Hertz Global Holdings (NYSE:HTZ) agreed to buy smaller rival Dollar Thrifty Automotive Group (NYSE:DTG) for about $2.3 billion and M&T Bank Corp (NYSE:MTB) said it is buying Hudson City Bancorp Inc. (Nasdaq:HCBK) for $3.7 billion. The M&T/Hudson deal highlights a series of financial sector M&A activity that has been experiencing quite a boon throughout the year.
Commenting on the resurgence of deals, Dan Veru, chief investment officer at Palisade Capital Management LLC, told Reuters, “The merger and acquisition theme will only pick up steam as we go through the quarter, which should especially be a catalyst for small and mid-cap stocks.” Upstart Omega Commercial Finance Corporation (OTCQB:OCFN,) a commercial real estate lender and specialty finance holding company, is a micro-cap that is not sitting on the sidelines simply looking at potential acquisition targets as it executes its business strategies for growth. Not only did the company announce on August 23 that it increased its year-over-year cash flow by 230 percent, today it followed that news with the signing of a Letter of Interest to acquire an established brokerage firm. As frequently happens with an LOI, the firm’s name was not disclosed, but it was released that the boutique brokerage firm has historical profits from top-line gross production of $4.3 million and that the company maintains 17-licensed advisors that offer a full range of financial products covering 40-States.
Additionally, the firm is a licensed Registered Investment Advisor (RIA) and can offer insurance products, which bolsters Omega’s large portfolio of offerings, plus has approximately $500 million in assets under management already.
A unique opportunity, Omega is aggressively building-out its growth strategy through its subsidiaries, Omega CRE Group LLC and Omega Capital Street LLC that nearly cover the full gamut of the financial industry. The company is focused on originating, investing in, acquiring, and managing senior performing commercial real estate mortgage loans, commercial mortgage-backed securities, commercial real estate corporate debt and loans, and other commercial real estate related debt-investments in the U.S. and globally.
If completed, the acquisition of the brokerage firm will cultivate growth strategies for OCFN with the ability to integrate a capital markets Institutional Sales Team (“IST”) whose sole responsibility is to offer structured finance products such as Commercial Mortgage Backed Securities (CMBS), Collateralized Loan Obligations (asset-backed securities backed by the receivables on loans, or CLOs), Asset-Backed Securities (ABS), or proprietary lines of credit, to support the subsidiary lending operations. Additional products will include one-off private placements for first-rate types of strategic alliances, joint-ventures, and CRE development projects. Importantly, Omega has determined the brokerage firm`s current advisors can offer these structured financial products on day one of the acquisition; allowing the deal to hit the ground running to build Omega’s corporate coffers.
With no legacy debt, investors are starting to catch wind of Omega Commercial Finance Corp. with the latest earnings news and now this LOI. Shares have taxied higher by more than 320 percent in the last two trading days on a substantial increase in volume. Closing even today as some traders secured gains from last week’s run, the LOI news hit the wires after the closing bell which could prove tomorrow to be another high-volume day and should keep OCFN high on the list for required due diligence in an investment world that is packed with merger deals on a regular basis.
Click here for the full report: (http://www.allpennystocks.com/aps_us/special-reports/290/omega-commercial-finance-among-news-of-more-merger-and-acquisition-activity.htm) OVERVIEW Omega trades as a commercial real estate lender and specialty finance holding company. Through its subsidiaries, Omega CRE Group LLC and Omega Capital Street LLC the company shall focus primarily on originating, investing in, acquiring, and managing senior performing commercial real estate mortgage loans, commercial mortgage-backed securities, commercial real estate corporate debt and loans, and other commercial real estate related debt-investments in the U.S. and globally.
For more information on Omega Commercial Finance Corp., CLICK HERE:
(http://www.allpennystocks.com/aps_us/company_spotlights/archives/ocfn.asp).
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,650 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost®customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company`s Adrenaline, Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world`s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 325 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.
For more information on Hertz, CLICK HERE: ( http://www.hertz.com ).
Through its Dollar Rent A Car and Thrifty Car Rental brands, the Company has been serving value-conscious leisure and business travelers since 1950. The Company maintains a strong presence in domestic leisure travel in virtually all of the top U.S. and Canadian airport markets, and also derives a significant portion of its revenue from international travelers to the U.S. under contracts with various international tour operators. Dollar and Thrifty have approximately 280 corporate locations in the United States and Canada, with approximately 5,900 employees located mainly in North America. In addition to its corporate operations, the Company maintains global service capabilities through an expansive franchise network of approximately 1,300 franchise locations in 82 countries. For additional information, visit www.dtag.com or the brand sites at www.dollar.com and www.thrifty.com.
For more information on Dollar Thrifty Automotive Group, CLICK HERE: ( http://www.thrifty.com ).
M&T is a financial holding company headquartered in Buffalo, New York.
M&T`s principal banking subsidiary, M&T Bank, operates banking offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia. Trust-related services are provided by M&T`s Wilmington Trust-affiliated companies and by M&T Bank.
For more information on M&T Bank Corp., CLICK HERE: ( http://www.mtb.com ).
Hudson City Bancorp, Inc. maintains its corporate offices in Paramus, New Jersey. Hudson City Savings Bank, a well-established community financial institution serving its customers since 1868, is the largest thrift institution headquartered in New Jersey. Hudson City Savings Bank currently operates a total of 135 branch offices in the New York metropolitan and surrounding areas.
For more information on Hudson City Bancorp, Inc., CLICK HERE: ( https://www.hcsbonline.com/ ).
Forward Looking Statements This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “we are confident” or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company`s growth expectations and ongoing funding requirements, and specifically, the Company`s growth prospects with scalable customers, and those outlined above. Other risks include the Company`s limited operating history, the Company`s history of operating losses, consumers` acceptance, the Company`s use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company`s securities, the possible volatility of the Company`s stock price, the concentration of ownership, and the potential fluctuation in the Company`s operating results.
Disclaimer AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable.
For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company`s expectations and estimates.
This is an advertisement for the mentioned companies The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.
© 1999-2012 AllPennyStocks.com. All rights reserved.
AllPennyStocks.com is not a Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out to be. All materials presented on our web site and individual reports released to the public through this web site, e-mail or any other means of transmission are not to be regarded as investment advice and are only for informative purposes.
Before making a purchase or sale of any securities featured on our web site or mentioned in our reports, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. As with any stock, companies we select to profile involve a degree of investment risk and volatility. Particularly Small-Caps and OTC-BB stocks. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies. Past performance of our profiled stocks is not indicative of future results. The accuracy or completeness of the information on our web site or within our reports is only as reliable as the sources they were obtained from. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. No investor should assume that reliance on the views; opinions or recommendations contained herein will produce profitable results. AllPennyStocks.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), AllPennyStocks.com will disclose in it`s disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on the AllPennyStocks.com web site. AllPennyStocks.com has been compensated six thousand dollars and two thousand five hundred dollars worth of barter services by a third-party, SmallCapVoice.com Inc. for its efforts in presenting the OCFN profile on its web site and distributing it to its database of subscribers as well as other services. AllPennyStocks.com may decide to purchase or sell shares on a voluntary basis in the open market before, during or after the profiling period of this report. As of the profile date, no shares have been sold. Information presented on our web site and within our reports contain “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov ( http://www.sec.gov ) and/or the National Association of Securities Dealers (NASD) at:
http://www.nasd.com ( http://www.nasd.com ). Readers can review all public filings by companies at the SEC`s EDGAR page. The NASD has published information on how to invest carefully at its web site.
_____________________________ Change email address / Leave mailing list: http://ymlp249.net/ugjheqmgsgeyyqygujysggmqbybw Powered by YourMailingListProvider
Related posts:
- OCFN’s Year-Over-Year Cash Flow Increased by 230%
- OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, September 14th
- New Client OCFN Ready to Breakout
- North American Stocks Take Breather From Recent Rally