AMFR had news today and apparently nobody noticed:
Ameri-First Securities Completes $50 Million Investment Banking Deal
DALLAS, Jan. 24 /PRNewswire/ -- Ameri-First Securities Corporation, a wholly owned subsidiary of Ameri-First Financial Corporation (OTC Bulletin Board: AMFR) today announced that it has completed a public merger for Safetire Disposal Corporation, a $50 million company involved in the environmental recycling of used tires and the development and manufacture of related products throughout the Southwest. The merger was completed in house and was fully funded by the company's investment banking department. The company's stock is expected to begin trading on Thursday, January 27, 2000. Ameri-First Securities was paid a 5% underwriting fee on the entire merger, in addition to brokerage commissions.
Certain information included in this communication contains statements that are forward looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
SOURCE: Ameri-First Securities Corporation CONTACT: Jeffrey C. Bruteyn of Ameri-First Securities Corp., 214-599-9050
All Headlines Additional Headlines
PRN 01/24 10:15 Ameri-First Securities Completes $50 Million Investment Banking Deal
BW 01/19 07:10 Ameri-First Financial Group in Negotiations with Wall Street NewsCast, Inc. |