VANCOUVER, Canada--(BUSINESS WIRE)--The American First Financial Inc. (Ticker: AFRS , WKN : A0YG8L) , holding company, provider of payment services as well as corporate and real estate financial services, has merged with the Kennedy Capital Corp. and implemented its business operations.
As announced in Corporate News 02.07.2013 Kennedy Capital Corp. has merged with American First Financial Inc. and will operate in the future under the name American First Financial Inc. In this context, the entire operations , investments as well as assets of Kennedy Capital was brought into American First Financial.
The American First Financial Inc. is listed on the American OTC market with the ticker symbol: AFRS , WKN : A0YG8L.
In the Corporate News 02/07/2013 we announced to list American First Financial Inc. on the Berlin Stock Exchange as part of a dual listing. This application was rejected . Thus, the shares is currently only tradable on the OTC market in the U.S.. However, the Company continues to seek a dual listing on a German stock exchange during the year. For existing investors of Kennedy Capital as well as future investors of First American Financial, Inc. however, this is not a disadvantage, since stocks of OTC listed companies can be traded electronically worldwide.
It was reported in the Corporate News 02/07/2013 that the existing investors of Kennedy Capital Corp. receive share certificates with a vesting period of three months for your previously held shares. The Board has now decided to issue electronic tradable shares to previous shareholders no later than 01/11/2013 to avoid further delays or organizational processing times. The 5% bonus shares for existing shareholders of Kennedy Capital Corp. are , as advertised, shipped shortly. Here a waiting period until 01/08/2014 has to be observed.
As part of the exchange of shares of Kennedy Capital as well as the allocation of bonus shares, we continue to ask you to register in the Investors section of the website of American Fist Financial Inc., under the link : http://afrs-financial.com/secure-area/ . If you are not able to register electronically, we kindly ask you to send us a fax : +49 711 21 57 94-33 . The registration form will then be sent to you immediately . As part of the merger of Kennedy Capital Corp. and the American First Financial Inc. currently the results of the first two quarters of 2013 are analyzed and will be published shortly on the website of the American First Financial Inc. and in the corporate profile of the company on OTC Markets. In the future, the company's finances are evaluated quarterly and made publicly available.
About American First Financial Inc.
American First Financial Inc. is an international investment company with a focus on developing and marketing its own products. The involvement in innovative and success-oriented business is a core focus of the American First Financial . The network of our management and the general orientation of the investments provide a significant competitive advantage. American First Financial creates tailored solutions and financing for its projects and investments. So each clients unique financial needs are met. The American First Financial focuses on companies with a good and profitable business model. This includes investments in young es well as already established companies worldwide. The company's goal is the building of a portfolio of interesting and profitable investments. The financial sector of the American First Financial Inc. is framed by companies New Media Group Ltd. , a provider of payment services , Bizzvest Holding & Investment Group Corp . , which specializes in corporate and startup financing , and the Kennedy Capital Real Estate Finance Corp., which deals with Tax Deed and Tax Certificate financing as well as real estate in the United States . The company combines classic and innovative business models to create sustainable long-term profitability and success -oriented work.
End of Corporate News