NOUVEAU HOLDINGS, LTD. COMPLETES ACQUISITION OF AMERICA’S FINANCIAL NETWORK, INC.
October 14 2014 - 4:13PM
InvestorsHub NewsWire
New York, NY - October 14, 2014 - InvestorsHub NewsWire
- On September 30, 2014, Nouveau Holdings, Ltd. (NHLI:OTC
Markets) (hereinafter, “NHLI” or the “Company”) completed
the acquisition of America’s Financial Network, Inc. (“AFN”).
America’s Financial Network, Inc. (AFN) was established in
December 2002, as a company offering life and annuity products
and as an independent marketing organization focusing
predominantly on personal and business insurance lines. Since
its inception, AFN has developed and acquired American
Teachers Retirement Services (“ATRS”), as a subsidiary
company. ATRS offers the various educators’ market retirement
products, as well as, general financial planning.
AFN has also developed and sold group insurance products and
successfully expanded its life insurance business nationally.
Most recently, AFN has made headway into the higher end market
offering life insurance and financial consultation to the
upper end of the medical professionals. AFN has been
successful expanding its consultation business throughout
several other industries. AFN aligned with other entities to
further enhance its growth. These entities brought an
assortment of financial products focusing on business development
through creating win-win partnerships offering
business fundability assistance, mortgage services, real
estate services, marketing expertise and retirement/financial
planning. Through these coordinated efforts, AFN has
been experiencing a surge of new business opportunities which
further enable growth.
For the period ending December 2013, AFN had Total Gross Sales
of $15,776,000 and a positive net income, and has shown
significant growth over the past few years.
AFN has also become a sponsor for the Smiles Charity of
McKinney, Meals on Wheels of Collin County and numerous
McKinney ISD student events throughout the school year. AFN is
incorporated in the State of Texas and has its principal
corporate offices at McKinney, Texas.
This press release may contain
forward looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. NHLI has tried to identify,
whenever possible, these forward looking statements by the use
of words such as
“anticipates”, “believes”, “estimates”, “expects”, “plans”,
“intends”, “potential”, and
similar expressions. NHLI believes these statements reflect
the belief of management and are based upon
information currently available. Accordingly, such forward
looking statements may involve unknown risks, uncertainties
and other factors
which could cause actual results, performance or completion of
NHLI’s business to differ
materially from
those expressed in or implied by such statements. NHLI undertakes
no obligation to update or advise in
the event of any
change, addition, or modification to the information stated in this
press release including such forward looking statements.
Contact: Nouveau Holdings, Ltd.
888-809-0740
nouveauholdings@gmail.com
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