ST PETERSBURG, FL--(Marketwire - August 24, 2010) - Title Consulting Services, Inc (
"We believe that this reduction in our authorized common shares will enable the company to attract companies for acquisition and expansion," said Dustin Secor, CEO of Title Consulting Services, Inc. "We will continue to pursue our acquisition and national expansion goals and believe this drop in authorized common shares will facilitate our financial plans for the company."
Secor further commented, "The reduction of the Company's authorized shares is being undertaken to assure our shareholders that we are careful and prudent with the issuance of our stock. We hope that this significant reduction in the authorized number of common shares will make our stock more attractive to own for both current, as well as prospective investors."
About Title Consulting Services, Inc.
Title Consulting Services operates as an independent title insurance agency with offices across the State of Florida and commenced operations in 2001. TITL is well positioned for growth within the State of Florida as well as National Expansion as the real estate market continues to recover. Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Contact Information:
Contact:
Dustin Secor