Shearson Financial Networks Inc. (SFNN)

Shearson Financial Networks Inc.
US-Kürzel: SFNN.OB
WKN: A0J320

Market Cap: 2.28M laut finance.yahoo.com/q?s=sfnn.ob

In Kürze kommt der Jahresbericht 2006:

"The Company anticipates a profit of approximately $2.7 million for the year ended December 31, 2006, as compared to a net loss of $10 million during the same period of the prior year"

Quelle:
www.sec.gov/Archives/edgar/data/1138173/...6107006850/doc1.htm

Ich denke das es bald wieder zu 0,10$ hochgehen wird.

bei 0,01$ empfohlen und schon bei 0,012$

Posted by: INSANEeconomicprofit
In reply to: None Date:4/10/2007 1:49:41 PM
Post #of 8215

10K TOMORROW!

EMAIL from SFNN confirmation... Im hoping they PR this friday after hours and just imagine monday trading!

Posted by: INSANEeconomicprofit
In reply to: A deleted message Date:4/10/2007 5:11:23 PM
Post #of 8250

Thats a cool looking chart...

haven't seen any lines like those... thumbs up

I say we break .075 ... Company was nothing last year... Now they make the green stuff..

I'm predicting EPS of .06 on 10K tomorrow. Lets get some institutions tapping on this abit!

jetzt einsteigen !

www.sec.gov/Archives/edgar/data/1138173/...07631/form10ksb.htm

ging der Kurs von 0,015$ auf 0,0675$ hoch

diesmal auf 0,04$?

P/E in the industry is 10.55. This should put SFNN at .21

mein Kursziel liegt bei 0,10$

Shearson Financial Network, Inc. Reports Annual Earnings Increase

LAS VEGAS, NV, Apr 12, 2007 (MARKET WIRE via COMTEX) -- Shearson Financial Network, www.sfnncorp.com, (OTCBB: SFNN) announces that the company recorded earnings for the year ended December 31, 2006 of $2.8 million, as reported on Form 10-K, filed with the SEC today.

Shearson Financial Network, Inc. reported net income of $2.8 million for the year ending December 31, 2006 as compared to a net loss of $11.0 million for the same period in the prior year. The company's mortgage operating unit, Shearson Home Loans, contributed $1.6 million to earnings. The value of Assets held by SFNN increased to $30.6 million for the year ended December 31, 2006 from $4.4 million in 2005, an increase of 590%. Net worth increased to $6.4 million from $(7.8) million during the same period, representing an increase of $14.2 million. Revenue from the originations of loans increased 25% or $1.7 million to $8.5 million. Selling and general administrative expenses decreased 11.6% or $1.3 million as compared to the same period in the prior year. Earnings per share for the year ended December 31, 2006 was $0.02 as compared to a loss per share of $0.50 from the year ended December 31, 2005.

"We are pleased with the operating results our company has reported for 2006," stated Michael Barron, the company's Chairman. "In a challenging mortgage market which has seen the demise of substantial players, Shearson has managed to earn its way into a stable position as compared to some of its competitors. We look forward to a prosperous 2007."

About Shearson Financial Network, Inc.

The company is a consolidator of independent mortgage brokerages. Shearson operates 17,538 sq. ft. of branch office space licensed in 33 states. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonfinancialnetwork.com.

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.


CONTACT:
Shearson Financial Network
Las Vegas, Nevada
Michael Barron
702-868-7922SOURCE: Shearson Home Loans

Hast einen guten Tip abgegeben
Mfg

sehe einen sk bei um die 0,024$ und Morgen geht´s über 0,03$

Die Marktkapitalisierung beträgt heute lächerliche 5,1 millionen $. Andere Werte notieren 10 mal höher.

"The value of Assets held by SFNN increased to $30.6 million for the year ended December 31, 2006 from $4.4 million in 2005, an increase of 590%."

Kursziel 0,10$ :-)

warum eigentlich?

SFNN ist bei so guten Zahlen unterbewertet!
Die Aussichten für dieses Jahr sind hervorragend.  

lächerliche Bewertung. Bald 0,075$ !

auseinander bzw. nimmt die Firma unter die Lupe?

SFNN ist noch unentdeckt!

nächste Woche geht der Kurs über 0,03$  

0,017$ sind 0,013€.

Für 0,013€ sollte der Makler in Berlin doch welche abgeben?

Posted by: bagfull
In reply to: None Date:4/12/2007 3:35:21 PM
Post #of 8619

Talked to Mike for 10 minutse . Great guy. He is highly optimistic for the year 2007. By all counts undervalued and a great investment.

more news coming in the next few days and weeks. stock undervalued tremendously. ( Trust me)

All in my opinion  

enthalten, das war erst der Anfang.  

Posted by: kgoodrich
In reply to: ikigai who wrote msg# 175220 Date:4/12/2007 7:01:38 PM
Post #of 175249

It still may make some ikigai.
This one is so close to getting out of Quicksand, I dare not write it down too many times. Technically, it is still in an intraday Bull Raid so the growth potential is carrying over into tomorrow. This was a beautiful Magic Box play that continued and you can see easily that the upper bollinger band dropped far enough to trigger the Fairy Square reversal. Very good for SFNN. I hope to be writing Pre-Gold Rush for this one soon. Nice company and nice board.

Today, 03:43 AM    #2176  
Roughrider

Join Date: Mar 2007
Posts: 12  The technicals show this should continue to move forward. It hit a strong resistance at .018 and could never punch through. I believe at that level many folks who had puchased at the sub penny level were looking to double their money and took the money and ran. It earlier had established a solid support at .016 but then I think the close even though it was weaker than we hoped shifted the new support level upwards to .017. There is always the chance of a slight pull back, but I do not see that breaking through the .016 support, and all of the other indicators are not suggesting the stock is overbought. The high volume should attract interests from new buyers who will discover the stock via various stock screeners etc.

The TA says it should go up, and it has the fundamentals to support it.

We should know early today though. It must break through .02 or profit taking will keep it in check through another consolidation period.

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Last edited by Roughrider : Today at 07:01 AM.  

aber war zu erwarten nach den letztn Tagen
Gewinnmitnahmen zum Wochenende
ab 20 Uhr könnte es nochmal einen Anstieg geben
wnn sich doch noch einige eindecken wollen
Auf eine neue Woche

Mfg

Shearson Home Loans Branch Grows Loan Volume Amid Industry Woes
Friday April 13, 2:09 pm ET

LAS VEGAS, NV--(MARKET WIRE)--Apr 13, 2007 -- Shearson Financial Network, Inc. (OTC BB:SFNN.OB - News) www.sfnncorp.com, announced today that its wholly owned subsidiary, Shearson Home Loans www.shearsonhomeloans.com has set a year-to-date loan volume origination record for the Irvine, California based operations center of the company. Shearson Home Loans has generated loan volume in its banking loan pipeline of $44 million for the period ended April 10, 2007. The performance figures represent an increase of over 140% growth in loan volume over last year. The Company recently opened the Irvine operations center and despite industry woes, has continued to increase loan production submitted to its banking division.

"We are pleased that the Company has continued to grow during the competitive mortgage market here in the Irvine area," stated Doug Lawrence, President of Shearson Home Loans. "Our management team here has undertaken an aggressive growth plan and we are seeing great results."

"Their progress continues to underscore that Shearson Home Loans has maintained a steady and conservative governance which has allowed us to avoid issues that other companies in the industry are now experiencing," said Michael Barron, CEO of the parent company. "We have consistently stayed away from the sub-prime sector and have chosen to bank only about 20% of our total volume. This strategy has allowed the company to avoid the pitfalls of financing sub-standard credit and therefore avoid the risks as well. We believe this strategy is key to our current profitability and future plans," stated Barron.

About Shearson Financial Network, Inc.

The company is a consolidator of independent mortgage brokerages. Shearson operates 17,538 sq. ft. of branch office space licensed in 33 states. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonfinancialnetwork.com, www.sfnncorp.com or www.shearsonhomeloans.com

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.



Contact:
    CONTACT:
    Shearson Financial Network
    Las Vegas, Nevada.
    Michael Barron
    702-868-7922
     


--------------------------------------------------
Source: Shearson Home Loans

:-)

Wie zu erwarten
Gestern ab 20 Uhr wurde noch mal kräftig zugelegt
von 0,012 wieder auf 0,015
wir können uns auf schöne Wochen vorbereiten
Mfg

bis Ende des Jahres.  

dann sind wir schnell bei 0,20$

sagen die Amis

WOW, werde weiter aufstocken

denke wir sehen minimum die 0,04$ in den nächsten Tagen

Strong Buy

Major SFNN announcement soon?

Anyone care to speculate if this is a Job Opening from STINSON and whether the comments have any thing to do with SFNN>?>?>

I have a feeling this is Stinson and a merger with SFNN is in the works... that would be MONSTRASOROUS

sandiego.craigslist.org/acc/311435700.html

Senior Accountant- TOP RATED COMPANY GOING PUBLIC
Reply to: job-311435700@craigslist.org
Date: 2007-04-13, 3:29PM PDT

One of San Diego's most prestigious companies getting ready to go public seeks a Senior Accountant for their rapidly growing team. This position will basically act as a Mini-Controller for their Mortgage Subidiary. (GL's, Financial Statements, process improvement,etc). Additionally this individual will have the opportunity to get involved in many special projects- Mergers&Acquisitions, integration, process improvement, etc. The ideal candidate will have a degree in Accounting and a minimum of 3 progressive years experience in a fast paced accounting department. CPA preferred but not required.


BTW Stinson is referred to as SAN DIEGO'S MOST PRESTIGIOUS MORTGAGE COMPANY ....

schaut euch das mal an

www.shearsonfinancialnetwork.com/financialperformance.html

SFNN ist heute lächerlich bewertet

und ich bin dabei :-)

mal sehen ob News kommen

March 8, 2007 - 12:41 PM EST          
Shearson Home Loans Enters Into a Joint Venture With Stinson Financial

Shearson Financial Network Inc. (OTCBB: SFNN) reports that its subsidiary, Shearson Home Loans, has entered into a joint venture agreement with Stinson Financial, a mortgage banking company based in San Diego, California. The agreement enables Stinson's 30-branch loan origination platform to operate within Shearson Home Loans mortgage banking infrastructure.

www.leimortgage.com/articles/Mortgage%20Companies%202007.pdf

ihub post from bagfull

--------------------------------------------------

For sharholders who believe in SFNN, here is a letter from mb to one of the investors. MB is very firm in his bellief that this is way too undervalued and will reach its fair value soon.This is no insider info, just to show how company addresses the Investor concerns and is working hard to have the share its fair value


To: XXXXXXXXXXXXXXXXXXXXXXXXX
Date: Mon, 16 Apr 2007 23:44:17 +0000
Subject: Re: Investors worried about SFNN fair value
XXXX: The company is doing what it can by making earnings & telling the world about it. We are all investors in the stock here also and want it to go up. I don't understand why anyone would sell at these levels. Our plan for the year is to visit institutional buyers and road show the company with the mission of gaining long support. I don't believe there is a short cut here nor will the issues you raised be solved overnight. However, so long as a company can continue to earn profits, sooner or later the value will be reflected in the trading price. We are dedicated to that cause. - mb

Die Insider inkl. dem CEO halten viele Aktien und sind verwundert über den niedrigen Kurs.´

To: XXXXXXXXXXXXXXXXXXXXXXXXX
Date: Mon, 16 Apr 2007 23:44:17 +0000
Subject: Re: Investors worried about SFNN fair value
XXXX: The company is doing what it can by making earnings & telling the world about it. We are all investors in the stock here also and want it to go up. I don't understand why anyone would sell at these levels. Our plan for the year is to visit institutional buyers and road show the company with the mission of gaining long support. I don't believe there is a short cut here nor will the issues you raised be solved overnight. However, so long as a company can continue to earn profits, sooner or later the value will be reflected in the trading price. We are dedicated to that cause. - mb

April 19, 2007 - 12:56 PM EDT          
[b]Shearson Financial Network, Inc. Moves to Expand Its Warehouse Banking Capacity[/b]

Shearson Financial Network, Inc. (OTCBB: SFNN) (www.sfnncorp.com) announced today that its wholly owned subsidiary, Shearson Home Loans (www.shearsonhomeloans.com), has applied to expand its warehouse banking capacity by $20 million. Amid growing originations at the Company, additional mortgage warehouse lines of credit are needed to meet the demand for banked products. The Company currently has in excess of $20 million in warehouse banking credit lines.

"Our Company is experiencing strong growth due to an aggressive recruitment program following a first quarter that saw many of the industry originators depart the business. We are facilitating a home for many of the displaced loan officers and wholesale account personnel within Shearson and welcome their business," stated Michael Barron, CEO and Chairman of Shearson Financial Network, the Company's parent. "The additional credit facility is part of our plan to expand the loan volume we bank through our loan center."

Shearson Financial Network, Inc. reported net income of $2.8 million for the year ending December 31, 2006 and the company's operating unit, Shearson Home Loans, contributed $1.6 million to earnings. The value of Assets held by SFNN increased to $30.6 million for the year ended December 31, 2006 from $4.4 million in 2005, an increase of 590%. Net worth increased to $6.4 million from $(7.8) million during the same period, representing an increase of $14.2 million. Revenue from the originations of loans increased 25% or $1.7 million to $8.5 million Earnings per share for the year ended December 31, 2006 was $0.02 as compared to a loss per share of $0.50 from the year ended December 31, 2005.

About Shearson Financial Network, Inc.

The company is a consolidator of independent mortgage brokerages. Shearson operates 17,538 sq. ft. of branch office space licensed in 33 states. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonfinancialnetwork.com. www.sfnncorp.com or www.shearsonhomeloans.com

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.

CONTACT:
Shearson Financial Network
Las Vegas, Nevada
Michael Barron
702-868-7922
 

Nach ein paar Tagen Ruhe mal wieder ein satter Anstieg
Mfg

So kanns weiter gehen +19,35%
Mfg

biz.yahoo.com/iw/070510/0251156.html
es geht schon aufwärtz
Mfg

biz.yahoo.com/iw/070521/0255671.html
Umsatz deutlich gestiegen aber immer noch verluste gemacht
wobei diese um über 70% gesenkt wurden
mal sehen wie die Börse reagiert
Mfg

Es wurden ja die gleiche menge Aktien ins Depot eingebucht
Gabs eine DIVI, kann nichts darüber finden
Mfg

+ 60%
Na das kann ja noch was werden
biz.yahoo.com/e/070814/sfnn.ob10qsb.html