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Complete Financial Solutions, Inc.
Announcing second quarter revenue and earnings
Published Sep 11 2012
4 min read

Announcing second quarter revenue and earnings

September 11,2012—Complete Financial Solutions Inc. (trading symbol: CFSU), is pleased to announce its second quarter 2012 Revenue and Earnings statement.

Revenues reached $1,428,227 in the second quarter of 2012 (Q1 $1,210,565) with Net Income of $80,769 (Q1{$36,779}). “After a difficult 2011 Revenues have returned to 2010 levels and have trended positively in each of the past 5 quarters”, this according to Allen Ringer, Investor Relations Officer. Mr. Ringer went on to say that “our return to profitability in the second quarter combined with the growth of our Revenues is a positive sign that the travails of 2011 are now behind us. August 2012 appears to be our most profitable month of 2012 and so that bodes well for the balance of this year and beyond.”

Complete Financial Solutions Inc. is an emerging financial services company. Through its subsidiary companies, CFSI offers mortgage origination and processing services in 24+ states. Its subsidiary Acceptance Capital Mortgage Corporation is a HUD approved lender thereby allowing ACMC to both bank and broker FHA loans. ACMC offers a full spectrum of common and niche mortgage products through a variety of correspondent and broker relationships.Its newest subsidiary Insurance Solutions Inc. offers protection products to mortgage customers of ACMC and to the general public, where properly licensedto do so. For more information, visit our website at www.cfsi.biz.

 

Forward Looking Statements

This release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe,""plan," "estimate," "expect," "intend,""may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise