Business
Chairman invests $87K stabilizes balance sheet
Chairman invests $87K stabilizes balance sheet.
About this update from Loans4less.com, Inc.
[{"type":"text","content":"Steven M. Hershman Revocable Trust has invested $87,000 via 2.9 million Common Stock @ $0.03 per share.Loans4Less.com, Inc. has the following securities issued and outstanding:56,870,480 Common Stock and $25,000 5.000% Convertible Note due 12/31/21. Loans4Less.com, Inc. has the following obligations outstanding:$100,000 Credit Cards (APR 9.24%-18.49%); $25,000 Internal Revenue Service. The Company is applying for a monthly repayment plan.The Company's intangible assets are not reflected on its Balance Sheet and may have a significant value. The Company is planning to improve revenues, increase brand awareness, attract a Merger and/or JV Partner and roll-out the Loan Originator Investment Co-operative Club. Forward-Looking Statements: This release contains \"forward-looking statements\" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. \"Forward-looking statements\" describe future expectations, plans, results, or strategies and are generally preceded by words such as \"may,\" \"future,\" \"plan\" or \"planned,\" \"will\" or \"should,\" \"expected,\" \"advertise,\" \"anticipates,\" \"draft,\" \"eventually\" or \"projected.\" You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in our annual report and/or other releases made by us. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Loans4Less.com, Inc. and/or its officers or directors undertakes no obligation to update such statements.","length":2935,"tagName":"div"}]