PRESS RELEASE
SEC Grants Registration Rights to WECOSIGN
December 2009
THE NATION'S PREMIERE COSIGNER FOR APARTMENTS AND RENTAL HOMES RECEIVES PERMISSION FROM THE SEC, TO REGISTER EXISTING COMMON STOCK
SANTA ANA, Calif., Dec. 16 /PRNewswire/ — WeCosign, Inc.(www.wecosign.com) the nation's premiere cosigner for apartments and rental homes announced today that the SEC has approved the company's stock registration. "Our investors are very pleased with our business model and financial progress to date," says Carlos Padilla, CIO.
WECOSIGN was founded on the idea that a company could be "both profitable and philanthropic in today's rental market," Padilla explains. "When you have a business with a strong financial position that can also help people, it's something that really turns potential investors into shareholders." The WECOSIGN program gives deserving tenants a fair chance to live in a decent residence, and it's something that has never before been available under our present credit system. In addition to assisting tenants, the property managers working with WECOSIGN have enjoyed a very substantial increase in their rental occupancy. The program works!
WECOSIGN can play an important role during this period of economic transition for our country, and assist thousands of people whose financial standing has been negatively effected. "We offer a hand up and not a hand out," says Padilla, "and it's a model we know will continue to be truly beneficial to everyone we work with."
Certain statements in this communication may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to a variety of matters, including but not limited to: the operations of the businesses of WECOSIGN Inc. separately and as an entity; the timing and consummation of any mentioned proposed transaction; the expected benefits of the integration of the company; the combined company's plans, objectives, expectations and intentions and other statements that are not historical fact. These statements are made on the basis of the current beliefs, expectations and assumptions of the management of WECOSIGN regarding future events and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. WECOSIGN neither undertakes, any obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Actual results may differ materially from those expressed or implied.
SOURCE WECOSIGN Inc.
For more info, please email info@wecosign.com
