In Ovations Holdings, Inc.'s Wholly-Owned Subsidiary NBE Financial Network, Inc., Reports Substantial Increases in Revenues
2015年3月17日 - 12:16AM
InvestorsHub NewsWire
In Ovations Holdings, Inc.'s Wholly-Owned Subsidiary NBE
Financial Network, Inc., Reports Substantial Increases in
Revenues
DORAL, FL -
(NewMediaWire) - March 16, 2015 - In Ovations
Holdings, Inc. (OTC
PINK: INOH) wholly-owned subsidiary NBE Financial Network,
Inc. (NBE) reports revenues of $80,335 for February, 2015, an
increase of 31%. NBE Director of Operations Michael Fletcher
stated, "We are happy to announce that our business model has been
successful as evidenced by our increased revenue for the fiscal
year 2015 compared to the fiscal year 2014 and through the
comparison of the monthly revenue for February 2015 to 2014
($80,335 compared to $55,597). Gross revenue for the calendar year
ended December 31, 2014 was $909,337. We believe that we are
meeting the needs of our target markets. We arranged the opening of
our law firm client's Manhattan office in February 2014 and its
Chicago office in August, 2014. We are investigating additional
legal specialties for the law firm we manage and additional finance
opportunities."
NBE has obtained over 700 modifications to date for its law
firm's clients; is accountable for over 300 open cases on a
continuous basis; it generates clients through a variety of
aggressive marketing techniques; it has generated over 300 new
clients per year for the last three years; and is responsible for
processing over 50 court hearings a month related to loan
modification clients.
Background
INOH's subsidiary, NBE, manages a law firm with offices in Florida,
New York, New Jersey and Illinois, acquires and manages residential
properties, and represents clients in mortgage remediation. NBE is
also engaged in identifying other legal and finance areas for
diversification and revenue generation. INOH is involved in the
cancer-related field through its development and sale of sputum
cytology and its partnership with Regulon, Inc., a nano-particle
cancer detection company. Its subsidiary, Electro Verde, Inc.,
markets, in conjunction with Coordinated Systems International, the
patented GradiLux™ Total Lighting System Solution which can reduce
electricity consumption and carbon emissions in municipal lighting
systems worldwide.
Safe Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995: This
press release may contain certain statements that are not
descriptions of historical information, but are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements refer to matters that involve
risks and uncertainties. Such statements reflect management's
current views and are based on certain assumptions. Actual results
could differ materially from the assumptions currently
anticipated.
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