MIAMI, FL, Sept. 9 /CNW/ - Swap-A-Debt, Inc. (OTC: SWPD) announced
yesterday that it has contracted with a professional third-party debt
collection agency, Collection Bureau Hudson Valley, Inc., to collect
delinquent accounts. Collection Bureau Hudson Valley, Inc. is SAS 70 certified
and nationally licensed premier full service receivables agency with a proven
performance record. The company was established in 1974.
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Previous Swap-A-Debt announcements include:
Sept 5 -The retaining of Hadlock Law Offices, PC of Natick, MA to handle
all of the State by State licensing and compliance issues for the company.
Hadlock Law Offices, PC specialize in regulatory and compliance matters
relating to state and federal finance laws.
Sept 2 - Appointment of Marco Garibaldi as the Company's Chief Executive
Officer. Mr. Garibaldi started his career as a Technology Professional and
possesses extensive operations and project management experience in a host of
industries including Application Development, Internet, Entertainment and
Full Swap-A-Debt Press Releases can be viewed
Swap-A-Debt is a Peer-to-Peer (P2P) lending community founded early in
2008, with its website scheduled to launch this month. The company's mission
is to create the most efficient non-institutional, Internet-based lending
community of individual borrowers and lenders that come together to make
personal loans in which both parties benefit. The company's target market is
personal loans ranging from $1,000-$25,000.
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NYSE stocks include: Freddie Mac (NYSE: FRE) down 83% on 370 million
shares, Fannie Mae (NYSE: FNA) down 92% on 8.7 million shares, Bank of America
Corp (NYSE: BAC) up 7.8% on 164 million shares, Abitibibowater Inc (NYSE: ABH)
up less than 1% on 783 thousand shares.
Disclosure: All material herein was prepared by Keros Capital Inc.
(Keros) based upon information believed to be reliable. The information
contained herein is not guaranteed by Keros to be accurate, and should not be
considered to be all-inclusive. The companies that are discussed in this
opinion have not approved the statements made in this opinion. This opinion
contains forward-looking statements that involve risks and uncertainties. This
material is for informational purposes only and should not be construed as an
offer or solicitation of an offer to buy or sell securities. Keros is not a
licensed broker, broker dealer, market maker, investment banker, investment
advisor, analyst or underwriter. Please consult a broker before purchasing or
selling any securities viewed on http://www.keroscapital.com or mentioned
herein. Keros Capital has been compensated five thousand dollars for SWPD.
Keros affiliates, officers, directors and employees may own shares and may buy
and sell additional shares of the company mentioned herein and may profit in
the event those shares rise in value. Keros will not advise as to when it
decides to sell and does not and will not offer any opinion as to when others
should sell; each investor must make that decision based on his or her
judgment of the market.
For further information:
For further information: Jim Mav, (973) 979-3705