Message #15 From:
NewsBot Date: December 12, 2006 05:30:00 AM
RHWC News Reliant Launches Investor and Public Relations Campaign
TORONTO--(BUSINESS WIRE)--Boyd Soussana, President of Reliant Home Warranty Corporation
(OTCBB:RHWC), recently announced the retention of Clipper Marketing as
corporate manager of Investor and Public Relations.
“The management of Reliant has expended 100%
of its time and effort in developing relationships designed to create
shareholder value,” noted Mr. Soussana. “Our
company has the potential for significant growth while at the same time
increasing the number of its shareholders and servicing their needs.”
Reliant has analyzed its beta test results with specialists at Centum
Financial and now are in a position to project a potential $750 million
mortgage origination stream which would result in an $12-15 million
first year net income. The company has also witnessed a substantial
growth in its shareholder base over the last 6 months.
Steven Knoller, President of Clipper Marketing, remarked that, “In
our opinion, Reliant should be priced in a peer group, which includes
other mortgage companies in the $500 million to $5 billion revenue
range. Most of these companies trade at a market cap, which is 1-2 times
their revenue. Our game plan for Reliant has always been clear:
Phase One: Develop a loyal and long-term market following, who possess
the ability to purchase and hold blocks of shares. Began Summer 2006.
Phase Two: Utilize internal marketing efforts to increase public
awareness of the company within the investment community. Begin Winter
2006.
Phase Three: Once the company has achieved $50 Million plus in monthly
mortgage placement introduce the opportunity Reliant presents to
numerous investment funds as part of several 'Road Shows.' Launch First
Quarter 2007.”
About Reliant Home Warranty Corp.,
Reliant secures its mortgages by accessing several separate sources of
capital. Mortgages are sold to institutional investors as well as being
securitized through the usual securitization conduits.
Clipper is a Full-Service Investor/Public Relations firm headquartered
in San Diego, CA. The company maintains relationships with investors,
brokers, and numerous other investment professionals throughout North
America. The firm and its staff have developed a successful track record
of increasing liquidity and shareholder wealth.
This press release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21B of
the Securities Exchange Act of 1934. Any statements that express or
involve discussion with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events or
performance are not statements of historical facts may be
forward-looking statements. Forward-looking statements are based on
expectations, estimates and projections at the time the statements are
made to involve a number of risks and uncertainties which could cause
actual results or events to differ materially from those presently
anticipated. For a summary of such risks and uncertainties, see the
Company's periodic reports and other filings with the Securities and
Exchange Commission.
