Sonoma Financial Announces First Quarter 2000 Filing With the Securities and Exchange Commission is Complete On August 9th, 2000
CHICAGO--(BUSINESS WIRE)--Aug. 17, 2000--Sonoma Financial Corporation/Victormaxx Technologies, Inc. (OTCBB:VMAX-news) one of the largest payday advance operations in the greater Chicago area, announced today that they filed their quarterly 10Q for the first quarter of 2000 with the Security and Exchange Commission.
For the first time since 1997 VictorMaxx/Sonoma Financial is current with its annual and quarterly reports. "We are working with our market makers to file the necessary forms to be reinstated as a bulletin board listed stock and hope to be reinstated shortly," states Terrence L. Donati, President Sonoma Financial Corp.
A complete investor package for Sonoma Financial is available at e-relations.com.
About Sonoma Financial Corporation:
Sonoma Financial Corporation operates three subsidiaries, two of which focus on consumer lending and one is a collection agency. Payday Check Advance, Inc. and Money Market, Inc. are financial service companies that operate a chain of stores devoted to providing low documentation, short-term consumer loans. Sonoma intends to become the national leader in the "Payday Loan" market by strategic acquisition and penetrating new markets. E-Star Systems, Inc., is an industry specific collection service addressing the needs of the short-term loan industry. Sonoma Financial is currently the only publicly traded company with a sole focus on `payday advances.' Ace (NASDAQ:AACE), First Cash Financial Services (NASDAQ:FCFS) and Pinnacle Business Management (OTCBB:PCBM) have proven the viability of the concept in other markets, but are not specifically focused in this area. American Nortel Communications (OTCBB:ARTM) is a shareholder.
Safe Harbor Disclaimer:
This release may contain certain forward-looking statements regarding the Company's expected performance for future periods, and actual results for such periods may materially differ. Such forward-looking statements involve certain risks and uncertainties, including but not limited to risks of changing market conditions in the overall economy and the industry, consumer demand, additional financing requirements, the opening of new stores, the success of the Company's acquisition strategy and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
CONTACT: Sonoma Financial Corporation/
Victormaxx Technologies, Inc.
Mr. Terrence L. Donati, 847/836-6685 |
