Expert Group, Inc. (OTC: EXPT | news | PowerRating | PR Charts ) should have investors, once again monitoring the stock this morning. Yesterday after the markets closed, the company, a diversified financial services company, issued a press release announcing that it welcomes 3 new loan officers to the Expert Family.
This could be good news for the company! Shirley Rico states "we are experiencing high volume of calls from new brokers interested in joining the Expert team of loan officers, this is thanks to our aggressive recruiting campaign and incentives offered; we have added over 10 new loan officers in the last month alone as we try to reach our goal of 100 loan officers per location; the Federal Reserve cut short-term interest rates by three-quarters of a percentage point, to 2.25%, the lowest level since 2004 making it a great time to buy or refinance as rates are low and house prices are decreasing.
Juan F. Franco, John Bona and Frank Armand; combined they have over 10 years of experience in the mortgage and real estate business originating millions of dollars in real estate and mortgage transactions.
The company previously announced the hiring of 7 new loan officers to the Expert Team, making it a total of 10 new loan officers in the last month; together they have over 40 years of experience in loan origination and real estate transactions, and a new office manager. The company is aggressively expanding its broker base."
This is certainly another company for investors to watch closely!
Before the news was released, the stock closed Wednesday at under a Penny a share.
Other Stocks of interest yesterday were:
Purple Beverage Company, Inc. (OTCBB: PPBV | news | PowerRating | PR Charts ) up 6.4% on 398,000 shares traded.
Purple carries a suggested retail price of $2.99 for a 10 oz. bottle and can be found in health food stores, restaurants, delis, drug stores, supermarkets and convenience stores in select locations, including New York, Los Angeles, Miami and Hawaii. On March 19th, the company announced it has signed a distribution agreement with Crosset Company for placement of Purple in key outlets throughout the Midwest. Offering a diverse product line, Crosset Company distributes to grocery chains throughout ten states.
Fox Petroleum Inc. (OTCBB: FXPE | news | PowerRating | PR Charts ) up 3.3% on 561,000 shares traded.
Fox Petroleum Inc. is an Oil and Gas Exploration and Production Company headquartered in London, England, the financial capital of Europe. On March 19th, the company was pleased to announce that Halliburton service crews have arrived on site at the Spears Gas Unit 2, Well #1 in Pecos County, Texas and that stimulation of the well is scheduled to take place this week. Halliburton is an international full service giant, with many decades of experience in improving the life cycle of oil and gas reservoirs.
US Precious Metals Inc (OTCBB: USPR | news | PowerRating | PR Charts ) up 6.9% on 283,000 shares traded.
US Precious Metals, Inc. is a gold exploration company operating in Mexico through its wholly owned Mexican subsidiary, U.S. Precious Metals de Mexico. On March 18th, the company announced that Sheldon Baer and Jerry Payne, board members, CEO Michael Floersch of Applied Minerals Inc, investor, Dave Burney, president of USPR and Jose Garcia, president of US Precious Metals de Mexico and other company staff members paid a visit on 11 March 2008 to the La Sabila Project site in southern Michoacan, Mexico. The reason for the tour was to focus on the progress of the drilling, evaluate the performance of the Niton XRF analyser, which had proved very successful in identifying additional zones of gold, silver and copper mineralisation and the sample high grade zones of gold, silver and copper that was previously identified by the company staff.
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