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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 22, 2010 ) Montréal, Québec - Today the Thepennytrade.com (http://www.thepennytrade.com) reports that
SMHS could be setting up for a fast bounce, so be sure to watch it closely.
SMHS is in a pretty big sector and getting involved with insurance companies at the start may be very rewarding later on.
It paid off for Warren Buffett who had an investment in Geico Corp that ended up making him billions of dollars!
One of the biggest investments you make in your life is when you buy your car. Insuring it should be the next thing you do after you buy it.
A world without without car insurance would be extremely chaotic.
According to a 2007 DOT study, there were an estimated 254.4 million registered passenger vehicles in the United States.
Obviously there is a market for insurance when you have millions of cars on the road!
Do you think cars will ever become obsolete? Unlikely anytime soon!
SMHS released analysis this week about their initial media test that included national cable networks like NFL Network, NBA Network, ESPN, ESPN 2, Fox Soccer, Logo and the YES Network in New York!
These are some pretty popular networks!
Based on these results, if SMHS spends $50,000 a week in TV media, it anticipates generating about 10,000 leads per month!
SMHS announced today that its revenue model based on its marketing plans of a multimedia direct response campaign could potentially drive sales to $30 million next year!!
Once SMHS sales agents are trained and the sales closing ratios hits 10%, the Company could rollout nationwide and the potential 10,000 leads a month could generate approximately $2.5 million in gross revenue per month with an average sale being as high as $2,500 per customer!
SMHS anticipates $30 million dollars in gross revenue yearly just based on this revenue model only and the Company could show a net profit before expenses of $2.25 million by the end of next year.
SMHS President and CEO Kenneth Oxsalida has stated, "This is a very exciting time for our Company as we look to utilize the public markets as stepping stones to accelerate the execution of our business plan. We look forward to sharing corporate developments with our shareholders and the investment community in the coming months."
According to Yahoo, the average American household spends between $700 - $900 each year on auto repairs.
A major thing an insurance company should think about is how to beat the competition. Looks like SMHS has considered this with the deal they signed with Paylink.
The deal signed between SMHS and Paylink could be substantial considering every year there are over 100 million cars on the road that have no repair coverage!
The deal signed between SMHS an Paylink is to provide consumers with Instant Credit and 0% financing with no credit check; opening the door to sell to the masses nationwide at affordable monthly prices.
Affordable is the keyword that most consumers are paying attention to right now in our economy!
SMHS's mission is to provide great products and great customer service and help all their clients and shareholders reach their goals.
In delivering their mission SMHS has deeply held values they honor and live by:
* They deal ethically with their customers to promote long-term relationships
* They wish to provide unparalleled customer service and be a pleasure to deal with
* They are 100% committed
* They focus on products and services that have the potential to deliver profitable growth to their shareholders
* They have a deep knowledge of the markets in which they operate
SMHS even has other services to come that include: Home Appliance Warranties, Life Insurance, Home Owners Insurance, Theft Insurance, Auto Insurance, and Health Insurance!
GLER.OB NEWS
Global Earth Energy, Inc. (OTC.BB:GLER - News), a U.S.-based provider of solar energy solutions, announced today that its wholly-owned subsidiary RCI Solar, Inc. has responded to a Request for Information (RFI) from one of North America's leading wireless telecommunication service providers. RCI Solar has submitted a quote for the design and installation of a customized solar energy back-up power system and related infrastructure.
Due to the high costs to run a grid power line to a remote cell site, large telecoms are increasingly seeking alternative energy systems that can be deployed at a lower cost. President Obama's economic stimulus plan has lifted prior restrictions on tax incentives for solar paneling, providing even greater incentives for corporations to deploy renewable energy systems. Our quote provides a turnkey solution that augments power at existing cell sites to stabilize or lower grid power requirements for this major telecom provider," said Syd Harland, CEO of Global Earth Energy, Inc.
Through its subsidiary RCI Solar, Inc., Global Earth Energy is a leading solar solutions provider with extensive market experience in systems integration and the development of renewable energy products and services. Global Earth Energy plans to open a Canadian office based in Ontario to fill key contracts from RCI Solar Network. RCI Solar's mission is to make solar energy affordable in the residential, commercial and industrial sectors. RCI Solar offers a wide range of solar, thermo energy and other "go green" alternative products, primarily Solar Domestic Hot Water, Solar Photo Voltaic (PV) Panels and AQUA III Heating & Cooling System. Along with these products, RCI Solar supplies a wide variety of fan convectors, solar storage tanks, controls, inverters, and ancillaries. For more information, please visit www.globalearthenergy.com.
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Disclaimer and Forward-Looking Statement
Please read Thepennytrade.com disclaimer at http://www.thepennytrade.com/disclaimer.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at www.sec.gov. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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