LFLS

Loans4Less.com, Inc.

 
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OTC Disclosure & News Service

 

Community Bank Partner and 321LEND Status Update

Aug 01, 2015

OTC Disclosure & News Service

Redondo Beach, CA -

On March 31, 2015 LFLS entered into an acquisition agreement with 321Lend, Inc. The proposed transaction was subject to closing conditions and financing through July 31, 2015. Without obligation to either party this agreement has expired. LFLS is no longer pursuing this opportunity.

Loans4Less.com main objective is to enter into a strategic alliance with a community bank to launch a national mortgage broker retail channel for Conforming home loans. LFLS expects to "tie-in" a community bank, to "roll-out" the mortgage broker pilot program as a precursor to raising capital and becoming a fully reporting company.

Loans4Less® is a unique registered federal service mark and platform that is a highly attractive brand for mortgages and other consumer loans.

Forward-Looking Statements:

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "advertise," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in our annual report and/or other releases made by us. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Loans4Less.com, Inc. and/or its officers or directors undertakes no obligation to update such statements.



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