► WLKF .018 +.003, small ins. outfit, low floater, starting to gain some attention with recent news.
Walker Financial Corporation Expects 3rd Quarter Revenue Results to Represent a 70% Increase Over Second Quarter, 2006
Walker Financial Licenses 2 Outside Agents Bringing its Total Agent Sales Force to 12 Licensed Agents
GARDEN CITY, N.Y., Sept. 27 /PRNewswire-FirstCall/ -- Walker Financial Corporation ('Walker') (OTC Bulletin Board: WLKF.OB), a marketer of health insurance for the underinsured population announces that unaudited revenues for third quarter 2006 will represent an increase of approximately 70% from second quarter 2006 revenues.
Mitchell Segal, President of Walker, stated that 'although there is a couple of days left in third quarter 2006, it appears that, based on unaudited results, we will exceed our second quarter revenue results by approximately 70%. I am happy with these results as we continue to add quality agents that are willing to market quality health insurance products that serve the underinsured population. We expect our sales to grow at a significant rate in the coming months as we continue to hire additional licensed sales representatives.'
We are concentrating on growing our internal sales force to 100 agents in the next 24 months while our target for outside agents is 200.
About Walker Financial Corporation
Walker Financial is focusing its efforts on the marketing of financial products and services that benefit the baby boomer, senior and minority populations. Through its licensed subsidiary NPI Agency, Inc., Walker earns insurance commissions on the sale of various insurance products. Through its subsidiary American DataSource ('ADS'), the Company is engaged in the business of providing a complete line of administrative services for trust accounts.
Statements in this press release that are not strictly historical are 'forward-looking' statements within the meaning of the Safe Harbor provisions of the federal securities laws. Forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services in the marketplace, regulatory and competitive factors, new products and technological changes, the company's dependence upon third-party suppliers, and other risks detailed from time to time in the Company's Form 10-Q, Form 10-K, Form SB-2A and other regularly filed reports.
Contact:
Walker Financial Corporation
Mitchell Segal
516-832-7000
msegal@walkerfinancialcorp.com
SOURCE Walker Financial Corporation |
