Shearson Financial Networks Inc. (SFNN)

Shearson Financial Networks Inc.
US-Kürzel: SFNN.OB
WKN: A0J320

Market Cap: 2.28M laut finance.yahoo.com/q?s=sfnn.ob

In Kürze kommt der Jahresbericht 2006:

"The Company anticipates a profit of approximately $2.7 million for the year ended December 31, 2006, as compared to a net loss of $10 million during the same period of the prior year"

Quelle:
www.sec.gov/Archives/edgar/data/1138173/...6107006850/doc1.htm

Ich denke das es bald wieder zu 0,10$ hochgehen wird.

Wie zu erwarten
Gestern ab 20 Uhr wurde noch mal kräftig zugelegt
von 0,012 wieder auf 0,015
wir können uns auf schöne Wochen vorbereiten
Mfg

bis Ende des Jahres.  

dann sind wir schnell bei 0,20$

sagen die Amis

WOW, werde weiter aufstocken

denke wir sehen minimum die 0,04$ in den nächsten Tagen

Strong Buy

Major SFNN announcement soon?

Anyone care to speculate if this is a Job Opening from STINSON and whether the comments have any thing to do with SFNN>?>?>

I have a feeling this is Stinson and a merger with SFNN is in the works... that would be MONSTRASOROUS

sandiego.craigslist.org/acc/311435700.html

Senior Accountant- TOP RATED COMPANY GOING PUBLIC
Reply to: job-311435700@craigslist.org
Date: 2007-04-13, 3:29PM PDT

One of San Diego's most prestigious companies getting ready to go public seeks a Senior Accountant for their rapidly growing team. This position will basically act as a Mini-Controller for their Mortgage Subidiary. (GL's, Financial Statements, process improvement,etc). Additionally this individual will have the opportunity to get involved in many special projects- Mergers&Acquisitions, integration, process improvement, etc. The ideal candidate will have a degree in Accounting and a minimum of 3 progressive years experience in a fast paced accounting department. CPA preferred but not required.


BTW Stinson is referred to as SAN DIEGO'S MOST PRESTIGIOUS MORTGAGE COMPANY ....

schaut euch das mal an

www.shearsonfinancialnetwork.com/financialperformance.html

SFNN ist heute lächerlich bewertet

und ich bin dabei :-)

mal sehen ob News kommen

March 8, 2007 - 12:41 PM EST          
Shearson Home Loans Enters Into a Joint Venture With Stinson Financial

Shearson Financial Network Inc. (OTCBB: SFNN) reports that its subsidiary, Shearson Home Loans, has entered into a joint venture agreement with Stinson Financial, a mortgage banking company based in San Diego, California. The agreement enables Stinson's 30-branch loan origination platform to operate within Shearson Home Loans mortgage banking infrastructure.

www.leimortgage.com/articles/Mortgage%20Companies%202007.pdf

ihub post from bagfull

--------------------------------------------------

For sharholders who believe in SFNN, here is a letter from mb to one of the investors. MB is very firm in his bellief that this is way too undervalued and will reach its fair value soon.This is no insider info, just to show how company addresses the Investor concerns and is working hard to have the share its fair value


To: XXXXXXXXXXXXXXXXXXXXXXXXX
Date: Mon, 16 Apr 2007 23:44:17 +0000
Subject: Re: Investors worried about SFNN fair value
XXXX: The company is doing what it can by making earnings & telling the world about it. We are all investors in the stock here also and want it to go up. I don't understand why anyone would sell at these levels. Our plan for the year is to visit institutional buyers and road show the company with the mission of gaining long support. I don't believe there is a short cut here nor will the issues you raised be solved overnight. However, so long as a company can continue to earn profits, sooner or later the value will be reflected in the trading price. We are dedicated to that cause. - mb

Die Insider inkl. dem CEO halten viele Aktien und sind verwundert über den niedrigen Kurs.´

To: XXXXXXXXXXXXXXXXXXXXXXXXX
Date: Mon, 16 Apr 2007 23:44:17 +0000
Subject: Re: Investors worried about SFNN fair value
XXXX: The company is doing what it can by making earnings & telling the world about it. We are all investors in the stock here also and want it to go up. I don't understand why anyone would sell at these levels. Our plan for the year is to visit institutional buyers and road show the company with the mission of gaining long support. I don't believe there is a short cut here nor will the issues you raised be solved overnight. However, so long as a company can continue to earn profits, sooner or later the value will be reflected in the trading price. We are dedicated to that cause. - mb

April 19, 2007 - 12:56 PM EDT          
[b]Shearson Financial Network, Inc. Moves to Expand Its Warehouse Banking Capacity[/b]

Shearson Financial Network, Inc. (OTCBB: SFNN) (www.sfnncorp.com) announced today that its wholly owned subsidiary, Shearson Home Loans (www.shearsonhomeloans.com), has applied to expand its warehouse banking capacity by $20 million. Amid growing originations at the Company, additional mortgage warehouse lines of credit are needed to meet the demand for banked products. The Company currently has in excess of $20 million in warehouse banking credit lines.

"Our Company is experiencing strong growth due to an aggressive recruitment program following a first quarter that saw many of the industry originators depart the business. We are facilitating a home for many of the displaced loan officers and wholesale account personnel within Shearson and welcome their business," stated Michael Barron, CEO and Chairman of Shearson Financial Network, the Company's parent. "The additional credit facility is part of our plan to expand the loan volume we bank through our loan center."

Shearson Financial Network, Inc. reported net income of $2.8 million for the year ending December 31, 2006 and the company's operating unit, Shearson Home Loans, contributed $1.6 million to earnings. The value of Assets held by SFNN increased to $30.6 million for the year ended December 31, 2006 from $4.4 million in 2005, an increase of 590%. Net worth increased to $6.4 million from $(7.8) million during the same period, representing an increase of $14.2 million. Revenue from the originations of loans increased 25% or $1.7 million to $8.5 million Earnings per share for the year ended December 31, 2006 was $0.02 as compared to a loss per share of $0.50 from the year ended December 31, 2005.

About Shearson Financial Network, Inc.

The company is a consolidator of independent mortgage brokerages. Shearson operates 17,538 sq. ft. of branch office space licensed in 33 states. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonfinancialnetwork.com. www.sfnncorp.com or www.shearsonhomeloans.com

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.

CONTACT:
Shearson Financial Network
Las Vegas, Nevada
Michael Barron
702-868-7922
 

Nach ein paar Tagen Ruhe mal wieder ein satter Anstieg
Mfg

So kanns weiter gehen +19,35%
Mfg

biz.yahoo.com/iw/070510/0251156.html
es geht schon aufwärtz
Mfg

biz.yahoo.com/iw/070521/0255671.html
Umsatz deutlich gestiegen aber immer noch verluste gemacht
wobei diese um über 70% gesenkt wurden
mal sehen wie die Börse reagiert
Mfg

Es wurden ja die gleiche menge Aktien ins Depot eingebucht
Gabs eine DIVI, kann nichts darüber finden
Mfg

+ 60%
Na das kann ja noch was werden
biz.yahoo.com/e/070814/sfnn.ob10qsb.html