RED DEER, AB, Oct. 28 /CNW/ - RIFCO Inc. (TSXV: RFC) is pleased to advise
that Bill Graham, President and CEO will provide an update on the Company's
activities on November 7th and 8th at The Small-Cap Conference held at the
Vancouver Convention and Exhibition Centre in Vancouver.
Investors are invited to register to attend the conference at
The Small-Cap Conference places a unique focus on fundamental companies
that are generating stable cash flow and earnings. The Conference highlights
quality companies from all industries and also features many prominent guest
RIFCO is one of Canada's fastest growing automotive finance companies.
RIFCO intends to share the message that the market has not recognized the
impact of recent breakthroughs and that RIFCO is trading below book value.
RIFCO is well positioned for sustained, profitable growth.
RIFCO has a $7 million market cap and earnings per share have increased
300% in the last year. RIFCO has less than 1% share of the $4B annual market
and has reported $1 million in net profits in the last 6 months
RIFCO provides vehicle purchase financing to near-prime/non-prime
motorists through a growing network of selected new and used vehicle
retailers. RIFCO's customers benefit by being able to convert the purchase of
a vehicle into affordable monthly payments, in a quick and convenient manner
at the point-of-sale.
The common shares of RIFCO INC. are traded on the TSX Venture Exchange
under the symbol "RFC" and have 19.23 million shares outstanding.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release
For further information:
For further information: RIFCO INC., Lance A. Kadatz, Vice President and
Chief Financial Officer, Telephone: (403) 314-1214 EXT 111, Fax: (403)
314-1132, Email: firstname.lastname@example.org Website: www.rifco.net