PSM Holdings, Inc. (PSMH) Announces New State Licensing and Adoption of Corporate Policy
OKLAHOMA CITY, July 25, 2013 /PRNewswire/ -- PSM Holdings, Inc. (OTCQB: PSMH), through our wholly owned subsidiary, PrimeSource Mortgage Inc., (PSMI), is pleased to announce licensing approval by the California State Department of Corporations as a residential mortgage licensee.
Jeffrey Smith, Chairman, PSM Holdings, Inc. and President and CEO of PSMI, stated, "We are very excited to begin executing our growth plans in California as well as throughout the west coast. We have assembled a world-class team, led by David Villarreal, Jr., to lead our growth in the region and we look forward to significant contributions from this group in the future. "
Additionally, on June 28, 2013 the Company filed a registration statement with the Securities and Exchange Commission on Form 8-A to register the Company's common stock under the Exchange Act and further adopted an insider trading policy applicable to all directors, officers and Company personnel with access to material non-public information. A copy of the policy will be placed on the Company's website.
About PSM Holdings, Inc. PSM Holdings, Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking services across the United States. PSMI is currently licensed in many states across the United States, and oversees the operations of more than 20 branches. For more information, visit http://www.psmholdings.com. To access the Company's most recent investor presentation visit. http://ir.stockpr.com/psmholdings/profile.
Certain statements contained herein, including, without limitation, statements containing the words "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 27A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include but are not limited to that we are in the process of furthering several of the key milestones we achieved last year and creating new growth opportunities for PSM Holdings, Inc. and its subsidiaries, and that we will continue to enter new projects and strategic partnerships in 2013. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of PSM Holdings, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. PSM Holdings, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.
SOURCE PSM Holdings, Inc.