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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: WVMayor who wrote (2166)6/5/1998 10:00:00 AM
From: Joe Copia   of 8798
 
AVFI - Advanced Financial, Inc. only the brave play this

From yahoo. This may or may not be correct info from YAHOO. I have not called the company but heard this is an empty shell and something may be up with it.

This is not a rec to buy

If anyone knows about this company please post, pro or con.

Address: 5425 Martindale
Shawnee, KS 66218
Phone: (913) 441-2466
Industry: Consumer Financial Services
Sector: Financial
Employees: 97
Officers:
Norman L. Peterson,
Chmn./CEO
William E. Moffatt, Pres.
Steven J. Peterson, Sr. VP
Pat E. Elgert, Sr. VP.
Debbie K. Towery, CFO.

Business Summary

Advanced Financial originates, refinances and service mortgage loans and provides a national network known as the Desktop Mortgage Loan Origination System. For the nine months ended 12/96, total revenues decreased 5% to $5.2 million. Net loss applicable to Common rose 16% to $2.1 million. Revenues reflect the decrease in the servicing portfolio to $174 million, down from $468 million from the prior year. Higher loss reflects a $594 thousand charge for two consulting agreements.

Joe PTG&LI !!!

allstocks.com
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