Thursday July 5, 3:04 am Eastern Time
Press Release
e-Net Financial.com Reports on Bridgeloan
Financing, Expidoc.com and BravoRealtyOnline
COSTA MESA, Calif.--(BUSINESS WIRE)--July 5, 2001--Vincent Rinehart, president
and CEO of e-Net Financial.com Corp. (OTCBB:ENNT - news), today announced that
e-Net has obtained $200,000 in financing from Bridgeloan Corp.
These funds will be used for general short-term corporate obligations and to pay initial
expenses related to a contemplated larger round of financing.
``Bridgeloan Corp. has helped us formulate our strategy in this area, is playing an integral
role in its future success and is committed to helping us carry it out,`` added Rinehart, ``and
we are very pleased with this association. They have the knowledge and the relationships to
help us achieve our goals.``
Expidoc.com, a wholly owned subsidiary of e-Net, has recently begun servicing one of the
largest mortgage companies in the nation. Expidoc.com is a nationwide loan document
signing service and has been doing about 200 signings per month.
``With the addition of our newest major client, Expidoc.com is expecting to double revenues
this month. They appear to be poised to have an excellent quarter as well,`` stated Rinehart.
BravoRealtyOnline, which is 70 percent owned by American Residential Funding Inc. (a
wholly owned subsidiary of e-Net), announced the opening of its newest corporate branch in
La Puente, Calif.
David Villarreal, president, said, ``The addition of this new branch, complementing our
existing branches in Santa Ana, Oxnard and Downey, Calif., will increase our home
brokerage expansion through these and additional `click and mortar` locations.``
In addition, BravoRealtyOnline is exploring the opportunities in the franchising of
BravoRealty. Villarreal stated, ``The concept of a Community Sensitive Franchise focusing
on the diverse cultural markets are being ignored by other international real estate programs
and considered viable as a focus for our continued expansion efforts.``
BravoRealty is pleased to have recently secured the technical contributions of former
Century21 executives William Kroske, Ph.D., who served as the president of the Los
Angeles region, building it to 120 sales offices and more than 2,500 sales associates and
Robert Ball, former franchise development manager of Century21.
Both significantly contributed to Century21`s rapid growth phase of the `70s and `80s, and are advising BravoRealty on
strategic development and expansion plans.
Villarreal stated, ``The advent of our technology agreements with Commonwealth Land & Title and Virtual Escrow, and the
complement of technical expertise from these industry experts, provides for a very dynamic setting in BravoRealty`s continued
growth pattern.``
This news release may contain forward-looking statements that involve risks and uncertainties, including BravoRealtyOnline and
Expidoc.com`s ability to maintain its licensing approvals and its ability to expand its branch operations. Operational results of
these companies may not be indicative of future results or the results of e-Net Financial.com Corp. For a discussion of factors
which could impact e-Net Financial.com Corp.`s financial results, or the results of its wholly owned subsidiaries, and cause
actual results to differ materially from those in forward-looking statements, refer to e-Net`s recent filings with the SEC,
particularly the Jan. 31, 2001, Form 10-QSB filed March 22, 2001. e-Net assumes no obligation to update the
forward-looking information contained in this news release.
Press Release
e-Net Financial.com Reports on Bridgeloan
Financing, Expidoc.com and BravoRealtyOnline
COSTA MESA, Calif.--(BUSINESS WIRE)--July 5, 2001--Vincent Rinehart, president
and CEO of e-Net Financial.com Corp. (OTCBB:ENNT - news), today announced that
e-Net has obtained $200,000 in financing from Bridgeloan Corp.
These funds will be used for general short-term corporate obligations and to pay initial
expenses related to a contemplated larger round of financing.
``Bridgeloan Corp. has helped us formulate our strategy in this area, is playing an integral
role in its future success and is committed to helping us carry it out,`` added Rinehart, ``and
we are very pleased with this association. They have the knowledge and the relationships to
help us achieve our goals.``
Expidoc.com, a wholly owned subsidiary of e-Net, has recently begun servicing one of the
largest mortgage companies in the nation. Expidoc.com is a nationwide loan document
signing service and has been doing about 200 signings per month.
``With the addition of our newest major client, Expidoc.com is expecting to double revenues
this month. They appear to be poised to have an excellent quarter as well,`` stated Rinehart.
BravoRealtyOnline, which is 70 percent owned by American Residential Funding Inc. (a
wholly owned subsidiary of e-Net), announced the opening of its newest corporate branch in
La Puente, Calif.
David Villarreal, president, said, ``The addition of this new branch, complementing our
existing branches in Santa Ana, Oxnard and Downey, Calif., will increase our home
brokerage expansion through these and additional `click and mortar` locations.``
In addition, BravoRealtyOnline is exploring the opportunities in the franchising of
BravoRealty. Villarreal stated, ``The concept of a Community Sensitive Franchise focusing
on the diverse cultural markets are being ignored by other international real estate programs
and considered viable as a focus for our continued expansion efforts.``
BravoRealty is pleased to have recently secured the technical contributions of former
Century21 executives William Kroske, Ph.D., who served as the president of the Los
Angeles region, building it to 120 sales offices and more than 2,500 sales associates and
Robert Ball, former franchise development manager of Century21.
Both significantly contributed to Century21`s rapid growth phase of the `70s and `80s, and are advising BravoRealty on
strategic development and expansion plans.
Villarreal stated, ``The advent of our technology agreements with Commonwealth Land & Title and Virtual Escrow, and the
complement of technical expertise from these industry experts, provides for a very dynamic setting in BravoRealty`s continued
growth pattern.``
This news release may contain forward-looking statements that involve risks and uncertainties, including BravoRealtyOnline and
Expidoc.com`s ability to maintain its licensing approvals and its ability to expand its branch operations. Operational results of
these companies may not be indicative of future results or the results of e-Net Financial.com Corp. For a discussion of factors
which could impact e-Net Financial.com Corp.`s financial results, or the results of its wholly owned subsidiaries, and cause
actual results to differ materially from those in forward-looking statements, refer to e-Net`s recent filings with the SEC,
particularly the Jan. 31, 2001, Form 10-QSB filed March 22, 2001. e-Net assumes no obligation to update the
forward-looking information contained in this news release.
