Stocks & Investing
Stocks and Investing
Stocks and Investing
Fri, June 19, 2009
Thu, June 18, 2009 TEAM Nation Holding Corporation: TEAM Nation Proudly Returns Day-to-Day Management of Now Profitable CalCounties Back to Compan
IRVINE, CA--(Marketwire - June 18, 2009) - TEAM Nation Holdings Corporation ("TEAM") (
Under TEAM Nation's direction, CalCounties has increased its monthly revenue ten-fold, from approximately $100,000 since TEAM began managing the company in 2007, to over $1.2 million for the month of May 2009, despite the worst real estate downturn in over three decades. CalCounties increased revenues by 98.8% in 2008, and expects revenues to exceed 15 million in 2009.
"TEAM proudly passes the day-to-day management to the managers of CalCounties," said Janis Okerlund, president of TEAM Nation. "Having successfully helped them weather the economic storm of 2008, CalCounties is once again a profitable, growing title company. Our focus now is to continue to serve CalCounties and its growth with excellent managed services and cost saving efficiencies."
About TEAM Nation Holdings Corporation
TEAM Nation Holdings Corporation, a Nevada corporation ("TEAM-NV"), is a management and services company specializing in title insurance and escrow services through our affiliate title agency(ies), and the provision of management, production services, HR administration, IT support, and accounting administration for title insurance companies and related real estate ventures. Team Nation Holdings, a Nevada Corporation ("TEAM-NV"), is a holding Corporation for Team Nation Holding, a California corporation, a production and services company ("TEAM-CA") along with Escrow Nation, Inc. a California Corporation and Mortgage Nation, Inc., a California Corporation.
For more info, visit: ([ www.teamnationholdings.com ])
About Calcounties Title Nation Company
Calcounties Title Nation Company, a California corporation, fka California Counties Title Company ("CCTN") is a full service underwritten title agency providing title, escrow and settlement services. Established in 1973 and in continuous operation since 1974, CCTN operates in Orange and Los Angeles counties, California and has applications pending for expansion.
For more info, visit ([ www.calcounties.com ])
This news release contains forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks described in the company's filings with the SEC.
