Expert Group, Inc. (OTC: EXPT) recently announced their financial figures for the month of March, in which the company originated $1.3 million in loans, bringing a $50,000 net profit to the company. These numbers do not include payroll for the recent addition of ten new loan officers during the month of March, who were added to take advantage of Expert Group’s building momentum. The company’s stock was up 130.00% on Monday.
A company spokesperson commented, “We are understandably pleased to be able to announce the realization of net profitability. However, as far as we are concerned, this is just a preview of our anticipated success. With the rapid growth of our Broker Network and the recently announced launch of Expert Credit Fix USA, we are greatly enhancing our abilities to serve a broader range of clients more effectively, and thereby substantially increasing the potential for greater revenue generation. We feel that we are well on pace to reach our projections of $1 million in net profits for 2008, and based on our latest achievements, we are extremely optimistic about our prospects through 2008 and beyond.”
During the month of April, the company will run a national special, during which it will reimburse any client who capitalized on the credit repair services of Expert Credit Fix USA. This offer is available to anyone who is considering purchasing a home with Expert Financing, but is faced with difficulties as a result of negative credit issues. Any client who closes a loan with Expert Financing and who utilizes the credit repair services of Expert Credit Fix USA, will receive reimbursement from Expert Financing for the cost of those credit repair services.
Expert Group, Inc. is a diversified financial services company that engages in the marketing of an array of financial products and services through Expert Financing, Expert Group Title Services, and Expert Credit Fix USA. The company has originated over $50 million since the company’s launch.
Let us hear your thoughts below: