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To: Due Diligence who wrote (46656)	5/11/2000 2:05:00 PM
From: myturn	Respond to of 150070

AMFR, awesome news for a $3.00 stock today. Thursday May 11, 9:00 am Eastern Time Company Press Release SOURCE: Ameri-First Securities Corporation Ameri-First Securities Reports Favorable First Quarter Earnings DALLAS, May 11 /PRNewswire/ -- The following is being issued by Ameri-First Securities, a member of the National Association of Securities Dealers, CRD number 45289: Ameri-First Financial Group, Inc. (OTC Bulletin Board: AMFR - news) today released earnings of $0.06 per share on $706, 875 in revenues for Ameri-First Securities Corporation a wholly owned subsidiary. Ameri-First Securities Corporation was acquired in January of 2000. Revenues were primarily fueled by increased investment gains and commission earned. Detailed numbers are to be released on Edgar tomorrow. Company Chairman and CEO Jeffrey Bruteyn, expressed enthusiasm with the results and stated, ``The breadth of opportunities available in the market to foster continued momentum are extremely compelling ... . In addition, the possibilities for growth both internally and externally remain favorable for Ameri-First Securities.'' Ameri-First Financial the parent company of Ameri-First Securities Corporation operates as a commercial banking and investment banking firm. These earnings and financial statements are expected to be filed in a an 8-K by month end. SOURCE: Ameri-First Securities Corporation