Business
Loans4Less.com, Inc. Retains Dave Elias & Associates to Evaluate Strategic Alternatives
Loans4Less.com, Inc. Retains Dave Elias & Associates to Evaluate Strategic Alternatives.
About this update from Loans4less.com, Inc.
[{"type":"text","content":"\n\n\n\nLoans4Less.com, Inc. Retains Dave Elias & Associates to Evaluate Strategic Alternatives\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLoans4Less.com, Inc. Retains Dave Elias & Associates to Evaluate Strategic Alternatives\nPR Newswire\nTORRANCE, Calif., June 14, 2022\n\n\n\nTORRANCE, Calif., June 14, 2022 /PRNewswire/ -- Loans4Less.com, Inc. (OTC: LFLS) announced today that it has retained Dave Elias & Associates, a New Jersey-based merchant banking and advisory firm specializing in mergers & acquisitions,  to evaluate strategic alternatives for Loans4Less.com.\nSteven Hershman, CEO Loans4Less.com, stated, \"In order to take full advantage of the market opportunity and maximize shareholder value, we believe it's the right time to sell our portfolio of intangible assets, including Loans4Less.com, Federal Service Mark and 60 domain names. With the assistance and guidance of Dave Elias and his team, we plan to review the full range of strategic alternatives that realize the full value of Loans4Less.com.\"\n\"To attain competitive bidding amongst commercial and retail banks as well as financial institutions that specialize in lending programs we entered into a non-exclusive agreement with Dave Elias & Associates,\" concluded Mr. Hershman.\nAbout UsLoans4Less.com, Inc is a California online Mortgage Broker focused on becoming a national origination brand platform for conforming residential mortgage programs and other consumer loans. Loans4Less.com offers very competitive rates, terms and costs, daily rate updates, other market information and prides itself on excellent and honest service. Loans4Less.com does not operate a warehouse line of credit, hold trust funds, lend directly or service loans. Loans4Less.com relies on various wholesale lenders for its retail home loan programs. The Company plans to rapidly grow revenues with cost effective advertising and by engaging with a strategic partner to broaden the Loans4Less a generic brand and to maximize our shareholders value.\nForward-Looking Statements:This release contains \"forwa...